Merino Panel Products Ltd - Company Profile

Q: Who are the current directors of Merino Panel Products Ltd?

The current directors of Merino Panel Products Ltd are Manoj Lohia, Ruchira Lohia, Anurag Lohia, Bama Prasad Mukhopadhyay, Anil Jajoo, Asok Kumar Parui, Rup Chand Lohia, Deepak Lohia, Prakash Lohia, Sisir Kumar Chakrabarti, Gautam Bhattacharjee, Bikash Lohia.

It is a consumer goods public limited company based in Kolkata, West Bengal, India, established in 1994.

1994 Kolkata, West Bengal, India Amalgamated

Last Updated: August 14, 2025

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About Merino Panel Products Ltd

Merino Panel Products Ltd, a amalgamated public limited company, was established on 08 August 1994 in Kolkata, West Bengal, India. Engaging in home furnishings manufacturing within the manufacturing sector, it holds CIN: U20299WB1994PLC064386. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹2.75 Cr and a paid-up capital of ₹2.00 Cr.

It upholds a compliant status. Employing 140 professional, Its leadership includes Manoj Lohia (Whole-Time Director), Ruchira Lohia (Director), Anurag Lohia (Whole-Time Director). Past directors included Manoj Lohia, Ruchira Lohia, Sumantra Sinha. It holds ₹70.06 Cr open charges and ₹248.87 Cr settled loans. Its latest AGM occurred on 30 September 2020, with the balance sheet filed on 31 March 2020. It is based at 5, Alexander Court,60/1, Chowringhee Road, Kolkata, West Bengal, 700020.

Company Details

CIN/LLPIN
U20299WB1994PLC064386
Registration Number
064386
Incorporation Date
08 August 1994
Authorized Capital
₹2.75 Cr
Paid-Up Capital
₹2.00 Cr
ROC Code
Roc Kolkata
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 2.75 Cr as on 14-08-2025
Paid Up Capital ₹ 2.00 Cr as on 14-08-2025
Company Age 31 Year, 6 Months
Last Filing with ROC 31 Mar 2020
Open Charges ₹ 70.06 Cr as on 14-08-2025
Satisfied Charges ₹ 248.87 Cr as on 14-08-2025
Revenue Growth **** -2.97% (FY 2020)
Profit Growth **** 6.64% (FY 2020)
Ebitda **** -5.31% (FY 2020)
Net Worth 17.42% (FY 2020)
Total Assets **** 13.90% (FY 2020)

Comprehensive Company Insights

Explore comprehensive insights into Merino Panel Products Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

Name	Designation	Appointment Date	Status
Manoj Lohia	Whole-Time Director	01 Oct 2006	Current
Ruchira Lohia	Director	01 May 2014	Current
Anurag Lohia	Whole-Time Director	01 Apr 2019	Current
Bama Prasad Mukhopadhyay	Director	14 Sep 2018	Current
Anil Jajoo	Director	01 Jan 2004	Current
Asok Kumar Parui	Director	01 Oct 1998	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Aug 2008	Past
Pramod Abcsdd	Additional Director	31 Jul 2014	Past
Pramod Abcsdd	Company Secretary	01 May 2014	Past
Pramod Abcsdd	Additional Director	31 Aug 2016	Past
Pramod Abcsdd	Company Secretary	01 May 2014	Past
Pramod Abcsdd	Director	12 Jun 2017	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹700,600,000.00

Satisfied Charges

₹2,488,724,942.00

Charges Breakdown by Lending Institutions

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

Latest Charge Details

Date	Lender	Amount	Status
16 Mar 2020	The Hongkong And Shanghai Banking Corporation Limited	₹2.06 Cr	Open
26 Feb 2019	The Hongkong And Shanghai Banking Corporation Limited	₹15.00 Cr	Open
26 Feb 2018	The Hongkong And Shanghai Banking Corporation Limited	₹21.00 Cr	Open
13 Aug 2012	Axis Bank Limited	₹32.00 Cr	Open
22 Aug 2014	Citi Bank N.A.	₹5.00 Cr	Satisfied

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How Many Employees Work at Merino Panel Products?

Merino Panel Products has a workforce of 140 employees as of Mar 30, 2025. 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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.

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Latest Updates, News, and FAQs on Merino Panel Products

Recent Activity within the Organization

Annual General Meeting

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

Progress on Merino Panel Products Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kolkata. was documented.
31 Mar 2020
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. was recorded as a recent event.
16 Mar 2020
Charges

Progress on 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. was documented.
06 Feb 2020
Director Appointment

The activity 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 6 years 11 months . was completed.
01 Apr 2019
Charges

Progress on 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. was documented.
26 Feb 2019

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