Marvel Vinyls Delisted Share Price

Marvel Vinyls Limited Delisted Share - Company Overview    

Founded on 30 May 1985, Marvel Vinyls Limited is registered at the registrar of companies in New Delhi, as a non-government company. The authorized equity share capital of the company is Rs. 110,000,000 and the paid-up share capital is Rs. 42,546,832.

The Company is a manufacturer of artificial and synthetic leather, PVC flooring, and PVC sheets and over the years, Marvel Vinyls is diversifying into Vinyl Flooring, PVC Synthetic Leather, Technical Coated Textiles, and Knitted Industrial Fabrics.

It has established itself as the industry leader with its cutting-edge infrastructure, which includes six calendaring lines, three transfer coating lines (Italian and German), an ever-increasing number of loom knitting machines, a composite tile plant, and two direct coating lines, as well as all ancillaries such as laminators, multi-color printers and so on.

Marvel's cutting-edge infrastructure is backed up by technical collaborations with companies in Canada and Korea, as well as unmatched R&D teams working out of four laboratories.

Marvel Vinyls Limited Incorporation Details

Marvel Vinyls Limited Board of Directors

Mr. Pavan Kumar Chawla (Chairman & Managing Director)

Mr. Pankaj Chawla (Executive Directors)

Mr. Ankit Chawla (Executive Directors)

Mrs. Kirti Bhardwaj (Non-Executive Directors)

Mr. J.S.P. Rai (Non-Executive Directors)

Mr. Parmod Chopra (Non-Executive Directors)

Mr. P.C. Raval (Non-Executive Directors)

Marvel Vinyls Limited Principal Business Activities

Marvel Vinyls Limited Shareholding Pattern (As of 31-03-2021)

Industry Outlook

Marvel's most important customer is the automotive industry. The industry attracted Foreign and Direct Investment (FDI) worth US$ 25.85 billion between April 2000 and March 2020. After recovering from the effects of the COVID-19 pandemic, the Indian auto industry is expected to grow rapidly in 2021-22.

The COVID-19 pandemic is rapidly spreading around the world. The Company has assessed the impact of this pandemic on its business operations and financial position. There is no significant impact on its financial statement as of March 31, 2020. However, the impact may differ from that estimated as of the date of publication