About M.P.Veneers Private Limited
Data last updated:
M.P.Veneers Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 25 October 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20210MH1978PTC096506. Its GSTIN is 27AABCM0269P1Z3 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹95.5 Lakh. It was formerly known as M.P. Veneer and Plywood Private Limited and M.P. Veneer and Plywood Limited. It is led by directors including Prashant Murlidhar Rathi (Managing Director) and Rameshchandra Sikchi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Nagpur, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.6 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹29.63 Lakh (net margin 1.1%) and EBITDA of ₹1.96 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 7% over five years.
The company has about 79 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.8 Cr and satisfied charges of ₹13.67 Cr on record. Court records list 22 cases involving the company, including 15 filed by the company and 7 filed against it; 6 cases are pending. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹2.65 Cr; the latest was in September 2021. Its 10 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood) are compared by revenue, 5 larger and 5 smaller; the largest is Shree Banashankari Papers Private Limited with revenue of ₹27.8 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpveneers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressVasant 3rd Flr 63 Laxmi Nagar, Behind Hanuman Mandir, Nagpur, Maharashtra, India – 440022
- IndustryManufacturing, Wood Products & MDF
- 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
- One PDF report, delivered after checkout
Business Activity of M.P.Veneers Private Limited
The main business activities of M.P.Veneers are manufacturing, trade and support service to organizations. In detail, this covers wood and wood products, furniture, paper and paper products, wholesale trading and other support services to organizations. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of M.P.Veneers Private Limited FY 2024 filings available
M.P.Veneers Private Limited reported revenue of ₹27.6 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of M.P.Veneers Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 8% 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 of M.P.Veneers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.96 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.63 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of M.P.Veneers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of M.P.Veneers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of M.P.Veneers Private Limited
M.P.Veneers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Banashankari Papers Private Limited | ₹27.8 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Shree Ganga Wood Products Private Limited | ₹27.77 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Bareilly, Uttar Pradesh, India |
| Padmavati Ply Private Limited | ₹27.76 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Hyderabad, Telangana, India |
| Blockdeal Developers Private Limited | ₹27.68 Cr (FY 2016) | •••• | •••• | 60.0% | •••• | Kolkata, West Bengal, India |
| Yellow Ply Industries Private Limited | ₹27.63 Cr (FY 2025) | •••• | •••• | 132.0% | •••• | Kolkata, West Bengal, India |
| M.P.Veneers Private Limited this company | ₹27.6 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Nagpur, Maharashtra, India |
| Nemani Panels Private Limited | ₹27.57 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Bareilly, Uttar Pradesh, India |
| Shiv Hari Plywood Private Limited | ₹27.22 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Sunder Synthetics Private Limited | ₹27.03 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Andhra Pradesh, Telangana, India |
| Nikhiraj Wood Products Private Limited | ₹26.9 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai-63, Maharashtra, India |
| Surfica India Limited | ₹26.77 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Himatnagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below M.P.Veneers by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of M.P.Veneers Private Limited
M.P.Veneers Private Limited is audited by LOYA BAGRI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LOYA BAGRI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of M.P.Veneers Private Limited
M.P.Veneers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshchandra Sikchi | Director | 06 Jun 2020 | 6 Years 4 Months | Current |
| Prashant Murlidhar Rathi Also directs: Vidarbha Exhibitors Private Limited, Saroj Screens Private Limited | Managing Director | 28 Jan 1998 | 28 Years 8 Months | Current |
| Anirudha Kela | Director | 30 Apr 2024 | 2 Years 5 Months | Current |
Ownership and Shareholding of M.P.Veneers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of M.P.Veneers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jul 1998 | State Bank of India | ₹18.8 Cr | Open |
| 29 Apr 2024 | Others | ₹18 Lakh | Satisfied |
| 03 Feb 2016 | Others | ₹2 Cr | Satisfied |
| 13 Sep 2000 | M.P. Financial Corporation | ₹19.8 Lakh | Satisfied |
| 11 Jul 2000 | Mpfc | ₹40 Lakh | Satisfied |
Total charge records: 21 View all charges
Deals & Funding of M.P.Veneers Private Limited
M.P.Veneers Private Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹2.65 Cr; the latest was in September 2021.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹2 Cr | Investors: 4 individuals |
| Feb 2016 | Funding round | ₹30.2 Lakh | Investors: V.K.Vinimay Pvt Ltd , 3 individuals |
| Feb 2010 | Funding round | ₹35 Lakh | Investors: V.K.Vinimay Pvt Ltd , 3 individuals |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: V.K.Vinimay Pvt Ltd Seller: Poushali Sales Pvt. Ltd. |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: V.K.Vinimay Pvt Ltd , 2 individuals Seller: 3 individuals |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of M.P.Veneers Private Limited
M.P.Veneers Private Limited has 22 court cases on record: 15 filed by M.P.Veneers, 7 filed against it. 6 cases are pending and 16 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 3 | 3 |
| Supreme Court | 4 | 4 | 0 |
| District courts | 4 | 0 | 3 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (MJC AV) | Filed by the company against State | Pending |
| High Court of Madhya Pradesh | Tax appeal | Filed by the company against Commissioner of Commercial Tax | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against State of Madhya Pradesh | Pending |
| High Court of Madhya Pradesh | Tax appeal | Filed by the company against Commissioner, Commercial Tax | Pending |
Full case history
All 22 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at M.P.Veneers Private Limited
M.P.Veneers Private Limited has a workforce of 79 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of M.P.Veneers Private Limited
M.P.Veneers has undergone 2 name changes throughout its history. The company was previously known as M.P. Veneer And Plywood Private Limited, and M.P. Veneer And Plywood Limited. The current legal name is M.P.Veneers Private Limited.
| Company Name | Status |
|---|---|
| M.P.Veneers Private Limited | Current |
| M.P. Veneer And Plywood Private Limited | Previous |
| M.P. Veneer And Plywood Limited | Previous |
CIN History of M.P.Veneers Private Limited
M.P.Veneers has one previous CIN (Corporate Identification Number): U20210MH1996PTC096506. The current CIN is U20210MH1978PTC096506, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20210MH1978PTC096506 | Current |
| U20210MH1996PTC096506 | Previous |
Recent Activity on M.P.Veneers Private Limited
M.P.Veneers Private Limited has 13 board changes on record since 1978: 8 appointments and 5 cessations. The latest: Anirudha Kela was appointed as Director on 30 Apr 2024.
50 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for M.P.Veneers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by M.P.Veneers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of M.P.Veneers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of M.P.Veneers Private Limited
M.P.Veneers has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM0269P1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 07AABCM0269P1Z5 | Delhi | Active | 01 Jul 2017 |
| 23AABCM0269P1ZB | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of M.P.Veneers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about M.P.Veneers Private Limited
M.P.Veneers is an active private limited company based in Nagpur, Maharashtra, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 25 October 1978 (48+ years old) and is registered under CIN U20210MH1978PTC096506.
M.P.Veneers reported revenue of ₹27.6 Cr for FY 2024 (down 4% YoY).
M.P.Veneers has 3 current directors:
- Prashant Murlidhar Rathi - Managing Director
- Rameshchandra Sikchi - Director
- Anirudha Kela - Director
M.P.Veneers reported a net profit of ₹29.63 Lakh (net margin 1.1%) and EBITDA of ₹1.96 Cr (EBITDA margin 7.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of M.P.Veneers is 22% over three years and 7% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of M.P.Veneers is 27AABCM0269P1Z3, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AABCM0269P1Z5 (Delhi), 23AABCM0269P1ZB (Madhya Pradesh).
The CIN (Corporate Identification Number) of M.P.Veneers is U20210MH1978PTC096506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.P.Veneers has 22 court cases on record: 15 filed by the company and 7 filed against it. 6 are pending. Most are in the high courts.
M.P.Veneers was incorporated on 25 October 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.
M.P.Veneers has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹2.65 Cr; the latest was in September 2021.
The peers of M.P.Veneers by revenue are Shree Banashankari Papers Private Limited, Shree Ganga Wood Products Private Limited, Padmavati Ply Private Limited, Blockdeal Developers Private Limited, Yellow Ply Industries Private Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).