Merino Panel Products Ltd

Manufactures and markets decorative laminates, furniture, panel products, and potato products.

1994 | Kolkata, West Bengal (India) | Merged
Last Updated:

Merino Panel Products Profile

Key Indicators

  • Authorised Capital ₹ 2.75 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 70.06 Cr
  • Satisfied Charges ₹ 248.87 Cr
  • Revenue Growth -2.97%
  • Profit Growth 6.64%
  • Ebitda -5.31%
  • Net Worth 17.42%
  • Total Assets 13.90%

About Merino Panel Products

Merino Panel Products Ltd (MPPL) is Amalgamated company established on 08 Aug 1994 with its office registered at Kolkata, West Bengal, India and has been running since 30 Year, 7 Months with a paid up capital of 2.00 Cr. According to MCA records, 12 Directors and 1 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20299WB1994PLC064386

  • Company No.

    064386

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 1994

  • Date of AGM

    30 Sep 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Consumer Goods
Manufacturing

What products or services does Merino Panel Products Ltd offer?

Merino Panel Products Ltd offers a wide range of products and services, including Granite, Marble, Sandstone & Others, Solid Surfaces, Laminate Sheets, Merino Laminates, Furniture, Home Furniture.

Who are the key members and board of directors at Merino Panel Products?

Executive Team (1)

NameDesignationAppointment DateStatus
Asok Parui Country flag representing In Company Secretary01-Oct-1998Current

Board Members (12)

NameDesignationAppointment DateStatus
Gautam Bhattacharjee Country flag representing In Director 01-May-2014Current
Asok Parui Country flag representing In Director and Company Secretary 01-Oct-1998Current
Prakash Lohia Country flag representing In Director 08-Aug-1994Current
Anil Jajoo Country flag representing In Director 01-Jan-2004Current
Rup Lohia Country flag representing In Director 08-Aug-1994Current
Manoj Lohia Country flag representing In Whole-Time Director 01-Oct-2006Current

Financial Performance of Merino Panel Products.

Merino Panel Products Ltd, for the financial year ended 2020, experienced Minor drop in revenue, with a 2.97% decrease. The company also saw a slight improvement in profitability, with a 6.64% increase in profit. The company's net worth Soared by an impressive increase of 17.42%.

Merino Panel Products revenue growth over time
Merino Panel Products 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
-2.97%
Revenue from Operations
-2.97%
Total Assets
13.90%
Profit or Loss
6.64%
Net Worth
17.42%
EBITDA
-5.31%

What is the Ownership and Shareholding Structure of Merino Panel Products?

In 2020, Merino Panel Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.06 Cr

Satisfied Charges

₹248.87 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 38.06 Cr
  • Axis Bank Limited : 32.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2020The Hongkong And Shanghai Banking Corporation Limited₹2.06 CrOpen
26 Feb 2019The Hongkong And Shanghai Banking Corporation Limited₹15.00 CrOpen
26 Feb 2018The Hongkong And Shanghai Banking Corporation Limited₹21.00 CrOpen
13 Aug 2012Axis Bank Limited₹32.00 CrOpen
22 Aug 2014Citi Bank N.A.₹5.00 CrSatisfied

How Many Employees Work at Merino Panel Products?

Merino Panel Products has a workforce of 140 employees as of Apr 07, 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.

Employee growth trends for Merino Panel Products Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merino Panel 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 Merino Panel 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 Merino Panel Products

Recent activity within the organization

  • Annual General Meeting

    Merino Panel Products Ltd last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records.

  • Balance Sheet

    Merino Panel Products Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kolkata.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.06 Cr with Charge ID 100351808 was registered on 16 Mar 2020.

  • Charges

    A charge with Axis Bank Limited of Rs. 32.00 Cr registered on 13 Aug 2012 with Charge ID 10375233 was modified on 06 Feb 2020.

  • Director Appointment

    Anurag Lohia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2019 & has been associated with this company since 5 years 11 months .

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 15.00 Cr with Charge ID 100250056 was registered on 26 Feb 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Merino Panel Products Ltd?

    Merino Panel Products Ltd was incorporated on 08 Aug 1994.

  • What is authorized share capital and paid-up capital of Merino Panel Products Ltd?

    The authorized share capital of Merino Panel Products Ltd is ₹ 2.75 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Merino Panel Products Ltd?

    Currently 13 directors are associated with Merino Panel Products Ltd.

    • Asok Kumar Parui
    • Prakash Lohia
    • Anil Jajoo
    • Rup Chand Lohia
    • Gautam Bhattacharjee
    • Manoj Lohia
    • Ruchira Lohia
    • Bikash Lohia
    • Deepak Lohia
    • Sisir Kumar Chakrabarti
    • Bama Prasad Mukhopadhyay
    • Anurag Lohia
    • Asok Kumar Parui

  • What is the registered address of Merino Panel Products Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Merino Panel Products Ltd is 5 Alexander Court 60/1, Chowringhee Road India, Kolkata, West Bengal, 700020.

  • What is the corporate identification number (CIN) and company number of Merino Panel Products Ltd?

    The corporate identification number (CIN) of Merino Panel Products Ltd is U20299WB1994PLC064386 and the company number is 064386 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Merino Panel Products Ltd?

    The Official website of Merino Panel Products Ltd is https://www.merinoindia.com

  • What has been the recent revenue trend for Merino Panel Products Ltd?

    According to the financial reports for the fiscal year 2020, the revenue trend for Merino Panel Products Ltd has fallen by -2.97%.

  • How many employees does Merino Panel Products Ltd currently have?

    As Per 2020 financial reports, 140 employees are currently employed by Merino Panel Products Ltd.

  • What change has been observed in the net worth of Merino Panel Products Ltd, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Merino Panel Products Ltd has experienced an upsurge of 17.42%.

  • What are the total open charges for Merino Panel Products Ltd?

    As per the financial statements for fiscal Year 2020, The total open charges for Merino Panel Products Ltd amount to ₹ 70.06 Cr.

  • When was the last Balance Sheet of Merino Panel Products Ltd filed with the ROC?

    The most recent Balance Sheet for Merino Panel Products Ltd was filed with the ROC on 31 Mar 2020.

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