- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-15-0000555

M.M. Riceland Private Limited
About M.M. Riceland Private Limited
Data last updated:
M.M. Riceland Private Limited is a private limited company based in Malout, Punjab, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 04 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U15490PB2013PTC037918. Its GSTIN is 03AAICM8194J1Z2 (Punjab).
The company has an authorised share capital of ₹2.15 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Surinder Paul and Parshotam Dass.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Muktsar Road Village Aulakh, Malout, Punjab, India – 152107.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.73 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹46.61 Lakh (net margin -188.5%) and EBITDA of ₹17.99 Lakh (EBITDA margin 72.7%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹13.14 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
M.M. Riceland Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-15-0000555). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of M.M. Riceland
Contact details
M.M. Riceland Private Limited's registered office is in Malout, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMuktsar Road Village Aulakh, Malout, Punjab, India – 152107
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of M.M. Riceland Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of M.M. Riceland is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of M.M. Riceland Private Limited, buy the company report.
Financials of M.M. Riceland Private Limited
FY 2023 filings availableM.M. Riceland Private Limited reported revenue of ₹24.73 Lakh (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 98% fall in the latest year. EBITDA rose 113% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹17.99 Lakh | ||||
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| Net Profit (PAT) | -₹46.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.7% | ||||
| Net Profit Margin | -188.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of M.M. Riceland Private Limited, buy the company report.
Board of directors of M.M. Riceland Private Limited
M.M. Riceland has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surinder Paul | Director | 04 Sep 2013 | 13 Years 2 Months | Current |
| Parshotam Dass | Director | 04 Sep 2013 | 13 Years 2 Months | Current |
| Darshan Kumar | Additional Director | 01 Sep 2020 | 6 Years 2 Months | Current |
Peer comparison
M.M. Riceland Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hetauda Industries Private Limited | ₹25 Lakh (FY 2015) | 526.0% | Raipur, Chhattisgarh, India | |||
| Shri Mahavir Flour Mills India Private Limited | ₹24.79 Lakh (FY 2025) | -35.0% | Ujjain, Madhya Pradesh, India | |||
| Mahaprabhu Rice Mill Private Limited | ₹24.77 Lakh (FY 2018) | -95.0% | Burdwan, West Bengal, India | |||
| M.M. Riceland Private Limitedthis company | ₹24.73 Lakh (FY 2023) | -₹46.61 Lakh | -188.5% | -98.0% | Malout, Punjab, India | |
| Amrutaya Processing (India) Private Limited | ₹24.27 Lakh (FY 2025) | 2.0% | Pune, Maharashtra, India |
To see the full peer comparison of M.M. Riceland Private Limited, buy the company report.
Auditor
M.M. Riceland Private Limited is audited by S K ASSIJA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K ASSIJA & CO | FY 2020 | 008870N |
Shareholding
The shareholding of M.M. Riceland Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of M.M. Riceland Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2020 | 100352201 | State Bank of India | ₹5.59 Cr | Open | |
| 16 Sep 2013 | 10452184 | State Bank of India | ₹7.55 Cr | Open |
To see the full charge records of M.M. Riceland Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
M.M. Riceland Private Limited has 5 court cases on record: 3 filed by M.M. Riceland, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Punjab and Others | Pending |
| District court, Sri Muktsar Sahib, Punjab | Civil suit | Filed against the company by M/S Satinder Singh Hardeep Singh | Pending |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Ors and 4 others | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Union of India and Others and 4 others | Disposed |
| District court, Sri Muktsar Sahib, Punjab | Cheque dishonour complaint | Filed against the company by Rakesh Kumar HUF | Disposed |
To see the full case history of M.M. Riceland Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
M.M. Riceland Private Limited was last rated by Crisil on 27 Apr 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Apr 2016 |
To see the full credit ratings and regulatory alerts of M.M. Riceland Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M.M. Riceland Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M.M. Riceland has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICM8194J1Z2 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M.M. Riceland Private Limited, buy the company report.
Recent activity
M.M. Riceland Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Happy Mittal ceased to be Director on 02 Sep 2020.
1 earlier event is in the company report.
Frequently asked questions
M.M. Riceland is an active private limited company based in Malout, Punjab, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 04 September 2013 (13+ years old) and is registered under CIN U15490PB2013PTC037918.
M.M. Riceland has 3 current directors:
- Surinder Paul - Director
- Parshotam Dass - Director
- Darshan Kumar - Additional Director
The latest financial statements of M.M. Riceland on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of M.M. Riceland is 03AAICM8194J1Z2, registered in Punjab.
The CIN (Corporate Identification Number) of M.M. Riceland is U15490PB2013PTC037918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.M. Riceland has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
M.M. Riceland was incorporated on 04 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of M.M. Riceland by revenue are Hetauda Industries Private Limited, Shri Mahavir Flour Mills India Private Limited, Mahaprabhu Rice Mill Private Limited, Amrutaya Processing (India) Private Limited, all in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products).
Happy Mittal ceased to be Director on 02 Sep 2020. Parshotam Dass ceased to be Director on 02 Sep 2020. Promila Rani ceased to be Director on 02 Sep 2020. M.M. Riceland has 6 board changes on record in total.
Yes, M.M. Riceland is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-15-0000555).
The registered office of M.M. Riceland is at Muktsar Road Village Aulakh, Malout, Punjab, India – 152107.

