M.P.Veneers Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 9.55 M
- Company Age 46 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 19.40 Cr
- Satisfied Charges ₹ 11.49 Cr
- Revenue Growth 63.26%
- Profit Growth 53.92%
- Ebitda 7.03%
- Net Worth 3.42%
- Total Assets 40.32%
About M.P.Veneers
M.P.Veneers Private Limited (MPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 October 1978 and has a history of 46 years and four months. Its registered office is in Nagpur, Maharashtra, India.
The Corporate was formerly known as M.P. Veneer And Plywood Private Limited. The Company is engaged in the Manufacturing 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 3.00 Cr and a paid-up capital of Rs 9.55 M.
The company currently has active open charges totaling ₹19.40 Cr. The company has closed loans amounting to ₹11.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prashant Rathi and Rameshchandra Sikchi serve as directors at the Company.
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U20210MH1978PTC096506
- Company No.
096506
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Oct 1978
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does M.P.Veneers Private Limited offer?
M.P.Veneers Private Limited offers a wide range of products and services, including Wood Veneer, Door Skins, Panels & Profile, Door Skin & Laminates, Wood, Plywood, Veneer & Laminates, Laminate Sheets, Hardwood, Teak Wood, Hardwood Flooring, Teak Wooden Flooring, Wooden Planks.
Who are the key members and board of directors at M.P.Veneers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prashant Rathi  | Managing Director | 28-Jan-1998 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rameshchandra Sikchi | Director | 06-Jun-2020 | Current |
Financial Performance of M.P.Veneers.
M.P.Veneers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.26% increase. The company also saw a substantial improvement in profitability, with a 53.92% increase in profit. The company's net worth moved up by a moderate rise of 3.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M.P.Veneers?
In 2023, M.P.Veneers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vidarbha Exhibitors Private LimitedPrashant Rathi is a mutual person
- Saroj Screens Private Limited
Prashant Rathi is a mutual person
Charges (Loans)
₹19.40 Cr
₹11.49 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 17.40 Cr
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 2016 | Others | ₹2.00 Cr | Open |
| 03 Jul 1998 | State Bank Of India | ₹17.40 Cr | Open |
| 13 Sep 2000 | M.P. Financial Corporation | ₹1.98 M | Satisfied |
| 11 Jul 2000 | Mpfc | ₹4.00 M | Satisfied |
| 27 Mar 1993 | State Bank Of India | ₹2.50 Cr | Satisfied |
How Many Employees Work at M.P.Veneers?
M.P.Veneers has a workforce of 79 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of M.P.Veneers, 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 M.P.Veneers's trajectory.
Rating
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
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.
