Maruti Interior Products Limited

Manufactures and trades modular kitchen accessories and storage solutions.

1997 | Veraval, Gujarat (India) | Active
Last Updated: June 22, 2024

Maruti Interior Products Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 7.55 Cr
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.75 Cr
  • Satisfied Charges ₹ 6.12 Cr
  • Revenue Growth 39.78%
  • Profit Growth 44.84%
  • Ebitda 31.73%
  • Net Worth 18.33%
  • Total Assets 19.66%

About Maruti Interior Products

Maruti Interior Products Limited (MIPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 February 1997 and has a history of 27 years and 11 months. Its registered office is in Veraval, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543464.

The Corporate was formerly known as Maruti Interior Products Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 7.55 Cr.

The company currently has active open charges totaling ₹15.75 Cr. The company has closed loans amounting to ₹6.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maruti Interior Products Limited India is Nirmal Lunagaria as CFO. Purshotam Lunagaria, Paresh Lunagaria, Shashikant Patel, and Five other members serve as directors at the Company.

Company Details

  • Location

    Veraval, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L36998GJ1997PLC031719

  • Company No.

    031719

  • Stock Symbol

    BSE : 543464

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 1997

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Maruti Interior Products Limited offer?

Maruti Interior Products Limited offers a wide range of products and services, including Buckets, Mugs & Storage Bins, Kitchen Basket, Kitchen & Dining Furniture, Kitchen Cabinets, Spoons, Table Knife and Cutlery, Cutlery, Door, Window Handles & Knockers, Cabinet Handles, Pull Out Kitchen Pantry, Metal Drawers & Shelves.

Who are the key members and board of directors at Maruti Interior Products?

Executive Team (2)

Name Designation Appointment Date Status
Paresh Lunagaria Country flag representing In Managing Director 01-Mar-1999 Current
Nirmal Lunagaria CFO 23-Nov-2021 Current

Board Members (6)

Name Designation Appointment Date Status
Sudhir Kolte Country flag representing In Director 23-Nov-2021 Current
Nirbhay Lunagaria Country flag representing In Director 01-Jan-2021 Current
Purshotam Lunagaria Country flag representing In Director 27-Mar-2015 Current
Shashikant Patel Country flag representing In Director 23-Nov-2021 Current
Nipun Doshi Country flag representing In Director 23-Nov-2021 Current
Parul Lunagaria Country flag representing In Director 01-Apr-2021 Current

Financial Performance of Maruti Interior Products.

Maruti Interior Products Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.78% increase. The company also saw a substantial improvement in profitability, with a 44.84% increase in profit. The company's net worth Soared by an impressive increase of 18.33%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
39.78%
Revenue from Operations
39.02%
Total Assets
19.66%
Profit or Loss
44.84%
Net Worth
18.33%
EBITDA
31.73%

What is the Ownership and Shareholding Structure of Maruti Interior Products?

In 2023, Maruti Interior Products had a promoter holding of 74.70% and a public holding of 25.30%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.75 Cr

Satisfied Charges

₹6.12 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.65 Cr
  • Hdfc Bank Limited : 1.10 Cr

Latest Charge Details

Date Lender Amount Status
22 Mar 2023 Hdfc Bank Limited ₹5.00 M Open
08 Sep 2022 Others ₹7.66 Cr Open
27 May 2022 Others ₹6.99 Cr Open
10 Mar 2021 Hdfc Bank Limited ₹6.00 M Open
18 Oct 2011 Hdfc Bank Limited ₹1.57 Cr Satisfied

How Many Employees Work at Maruti Interior Products?

Maruti Interior Products has a workforce of 75 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maruti Interior Products, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maruti Interior Products's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Maruti Interior Products

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 7.66 Cr registered on 08 Sep 2022 with Charge ID 100622762 was modified on 30 Nov 2023.

    30 Nov 2023

  • Charges

    A charge with Others of Rs. 6.99 Cr registered on 27 May 2022 with Charge ID 100577757 was modified on 31 Oct 2023.

    31 Oct 2023

  • Annual General Meeting

    Maruti Interior Products Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Maruti Interior Products Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100727789 was registered on 22 Mar 2023.

    22 Mar 2023

  • Charges

    A charge registered on 05 Jan 2011 via Charge ID 10262245 with Hdfc Bank Limited was fully satisfied on 07 Oct 2022.

    07 Oct 2022

Frequently asked questions

  • Maruti Interior Products Limited was incorporated on 14 Feb 1997.

  • The authorized share capital of Maruti Interior Products Limited is ₹ 16.00 Cr and paid-up capital is ₹ 7.55 Cr.

  • Currently 9 directors are associated with Maruti Interior Products Limited.

    • Purshotam Rudabhai Lunagaria
    • Paresh Purushotam Lunagaria
    • Nirmal Paresh Lunagaria
    • Shashikant Devjibhai Patel
    • Nipun Mahendrabhai Doshi
    • Parul Paresh Lunagaria
    • Nirmal Paresh Lunagaria
    • Nirbhay Paresh Lunagaria
    • Sudhir Rameshbhai Kolte
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maruti Interior Products Limited is Plot No 13 Survey No 236 Krishna Ind Estate VeravalTal.Kotda Sangani, Gujarat, India.

  • The corporate identification number (CIN) of Maruti Interior Products Limited is L36998GJ1997PLC031719 and the company number is 031719 as per Ministry of Corporate Affairs (MCA).

  • Yes, Maruti Interior Products Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Maruti Interior Products Limited is https://www.everyday-india.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maruti Interior Products Limited has risen by 39.78%.

  • As Per 2023 financial reports, 75 employees are currently employed by Maruti Interior Products Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maruti Interior Products Limited has experienced an upsurge of 18.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maruti Interior Products Limited amount to ₹ 15.75 Cr.

  • The most recent Balance Sheet for Maruti Interior Products Limited was filed with the ROC on 31 Mar 2023.

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