- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UK-12-0001157

About Rama Panels Private Limited
Data last updated:
Rama Panels Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 26 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U20219WB2005PTC104367. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.45 Cr. It is led by directors Naresh Goyal and Sanjay Goyal.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3A Mangoe Lane 1st Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹108.43 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹9.59 Cr (net margin 8.8%) and EBITDA of ₹13.56 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 12% over five years.
The company has about 136 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹36.36 Cr on record. Court records list 26 cases involving the company, including 19 filed by the company and 7 filed against it; 5 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.63 Cr; the latest was in March 2024. Its 7 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 larger and 3 smaller; the largest is Krifour Industries Private Limited with revenue of ₹112.55 Cr.
Rama Panels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-12-0001157). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ramaply.com.
Company details
Recognitions & Rankings of Rama Panels
Contact details
Rama Panels Private Limited's registered office is in Kolkata, West Bengal. Its website is ramaply.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3A Mangoe Lane 1st Floor, Kolkata, West Bengal, India – 700001
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Rama Panels 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 Rama Panels is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Rama Panels Private Limited, buy the company report.
Financials of Rama Panels Private Limited
FY 2024 filings availableRama Panels Private Limited reported revenue of ₹108.43 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 26% growth in the latest year. EBITDA rose 57% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹13.56 Cr | ||||
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| Net Profit (PAT) | ₹9.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 8.8% | ||||
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To see the full financial statements and ratios of Rama Panels Private Limited, buy the company report.
Board of directors of Rama Panels Private Limited
Rama Panels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Goyal Also directs: Rama Boards LLP, Vindhya Life Spaces Developers LLP, Ispat India Private Limited and 5 more | Director | 26 Jul 2005 | 21 Years 2 Months | Current |
| Sanjay Goyal Also directs: Rama Boards LLP, Ispat India Private Limited, RKSK Steel India Private Limited and 5 more | Director | 26 Jul 2005 | 21 Years 2 Months | Current |
Peer comparison
Rama Panels Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krifour Industries Private Limited | ₹112.55 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Paralam Global Private Limited | ₹112.34 Cr (FY 2025) | 10.0% | Nagpur, Maharashtra, India | |||
| Pine Laminates Private Limited | ₹110.94 Cr (FY 2025) | -15.0% | Alwar, Rajasthan, India | |||
| The Western India Plywoods Limited | ₹109.59 Cr (FY 2024) | 1.0% | Cannanore, Kerala, India | |||
| Rama Panels Private Limitedthis company | ₹108.43 Cr (FY 2025) | ₹9.59 Cr | 8.8% | 26.0% | 136 | Kolkata, West Bengal, India |
| Friends Timber Private Limited | ₹105.81 Cr (FY 2025) | 28.0% | Nagpur, Maharashtra, India | |||
| Savitri Plyboard India Private Limited | ₹105.41 Cr (FY 2025) | 9.0% | Hoshiarpur, Punjab, India | |||
| Euro Decor Private Limited | ₹103.72 Cr (FY 2024) | 18.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Rama Panels Private Limited, buy the company report.
Auditor
Rama Panels Private Limited is audited by M. R. DAGA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. R. DAGA & CO. | FY 2023 | 404056 |
Shareholding
The shareholding of Rama Panels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rama Panels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2022 | 100722228 | Hdfc Bank Limited | ₹4.5 Cr | Open | |
| 11 Sep 2014 | 10576219 | Hdfc Bank Limited | ₹36 Lakh | Satisfied | |
| 21 Jun 2013 | 10435425 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 25 Aug 2006 | 10019212 | State Bank of India | ₹26 Cr | Satisfied |
To see the full charge records of Rama Panels Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Rama Panels Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.63 Cr; the latest was in March 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: RKSK Steel India Private Limited Seller: RKSK Steel India Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Rama Infra Solution Private Limited Seller: Rama Infra Solution Private Limited |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Rama Infra Solution Private Limited , Chetali Trading Pvt Ltd , an individual Seller: Opulent Agents Pvt Ltd , Enso Technologies Limited , Braintrust Securities Pvt.Ltd. |
| Dec 2006 | Funding round | ₹5.63 Cr | Investors: RKSK Steel India Private Limited , Jsm Finance Limited, Chetali Trading Pvt Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rama Panels Private Limited has 26 court cases on record: 19 filed by Rama Panels, 7 filed against it. 5 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 2 |
| High courts | 11 | 3 | 3 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Udham Singh Nagar, Uttarakhand | Criminal case | Filed by the company against Ms Quazar Infrastructure Pvt Ltd and Others | Disposed |
| District court, Satna, Madhya Pradesh | Court case (UN CIV) | Filed against the company by State Bank of India, Commercial Branch, Satna | Pending |
| District court, Satna, Madhya Pradesh | Court case (EX B) | Filed by the company against Bhartiya State Bank of India Commercial Branch Through Main Branch Manager | Pending |
| High Court, UTTARAKHAND | Court case (CTR) | Filed by the company against The Commissioner Commercial Tax Dehradun | Pending |
| High Court of Madhya Pradesh | Tax appeal | Filed against the company by PR. Commissioner of Income Tax2 | Pending |
To see the full case history of Rama Panels 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rama Panels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rama Panels has 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Rama Panels Private Limited has a workforce of 136 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Rama Panels has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rama Panels Private Limited, buy the company report.
Recent activity
Rama Panels Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Naresh Goyal was appointed as Director on 26 Jul 2005.
Frequently asked questions
Rama Panels is an active private limited company based in Kolkata, West Bengal, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 26 July 2005 (21+ years old) and is registered under CIN U20219WB2005PTC104367.
Rama Panels has 2 current directors:
- Naresh Goyal - Director
- Sanjay Goyal - Director
The latest financial statements of Rama Panels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
No. Rama Panels has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rama Panels is U20219WB2005PTC104367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rama Panels has 26 court cases on record: 19 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
Rama Panels was incorporated on 26 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
Rama Panels has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.63 Cr; the latest was in March 2024.
The peers of Rama Panels by revenue are Krifour Industries Private Limited, Paralam Global Private Limited, Pine Laminates Private Limited, The Western India Plywoods Limited, Friends Timber Private Limited and 2 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Naresh Goyal was appointed as Director on 26 Jul 2005. Sanjay Goyal was appointed as Director on 26 Jul 2005.
Yes, Rama Panels is registered as a medium enterprise under Udyam registration (number: UDYAM-UK-12-0001157).