Merino Industries Limited is a versatile manufacturer of Interior Solutions with a wide range of products for homes, offices, and commercial and public areas. Merino Industries Limited is one of the world’s leading manufacturers and exporters of decorative laminates for interior applications. The Merino group is not limited to laminates and panel products. The company has also extended its arms in Information Technology and Food & Agro products industry.
Merino Industries Limited is headquartered in Kolkata, West Bengal, and has a presence in over 80 countries across 5 continents. It has a network of more than 1,080 dealers across pan India.
The company entered the business of Interior solutions in 1974 and launched plywood as its first product. Merino Industries Limited possesses 4 Manufacturing facilities. The company’s first manufacturing unit was established in Hapur, Uttar Pradesh. Later they built three more facilities in ‘Hosur, Tamilnadu’, ‘Dahej, Gujarat’, and in ‘Rohad, Haryana’. The Group possesses India’s largest manufacturing laminate capacity of 215 Lakh sheets per annum.
Some of the prominent places where the products of Merino Industries Limited are used are ‘Golden Temple, Amritsar’, ‘Hilton Hotels, Jaipur’, ‘Delhi Metro Railway Corporation’, ‘IIM Ahmedabad’, and many more.
Merino stocks are available in unlisted shares. Merino Industries share price is unstable, it is not fixed. Merino Industries share price keeps changing on daily basis.
Merino Industries Outstanding Shares: | 1,11,78,679 |
Face Value of Merino Industries Unlisted Share: | Rs. 10 Per Equity Share |
ISIN of Merino Industries Unlisted Share: | INE662B01017 |
Lot Size of Merino Industries Unlisted Share: | 50 Shares |
Merino Industries Share Price: | Best in Industry |
PAN Number of Merino Industries: | AAACC9186C |
GST Number of Merino Industries: | 19AAACC9186C1ZK |
CIN of Merino | U51909WB1965PLC026556 |
Registration Date of Merino | 29-Jul-65 |
Category / Sub-Category of Merino Industries | Company Limited by Shares |
Merino Registered Office Address and contact details | 5, Alexandra Court, 60/1, Chowringhee Road, |
Merino Registrar and Transfer Agent Details | C B Management Services (P) Limited, |
Name and Description of main products/services | NIC Code of the product/service | % to total turnover of the Company |
Decorative Laminates | 4823-90-19 | 75.59 % |
Furniture & Panel Products | 94036000 | 16.29% |
Mr. Rup Chand Lohia, Executive Chairman
Mr. Prakash Lohia, Managing Director
Miss Ruchira Lohia, Wholetime Director
Mr. Prasan Lohia, Wholetime Director
Mr. Bikash Lohia, Wholetime Director
Mr. Madhusudan Lohia, Wholetime Director
Mr. Nripen Kumar Dugar, Wholetime Director
Dr. Gautam Bhattacharjee, Independent Director
Mr. Sisir Kumar Chakrabarti, Independent Director
Mr. Bama Prasad Mukhopadhyay, Independent Director
Merino Industries Limited does not have any subsidiary and associate companies.
S. No. | Shareholders’ Name | No. of Shares | % of total Shares of the company |
1. | Promoter’s Shareholding | 1,06,45,734 | 95.22% |
2. | Others | 5,32,945 | 4.78% |
| Total | 1,11,78,679 | 100% |
The global decorative laminates market is estimated to reach US$7.97 billion at a CAGR of over 5.0% by the end of 2025. The growth of the global market is primarily driven by the increasing application of decorative laminates in the construction industry. In addition, the low maintenance and installation costs of decorative laminates are also expected to fuel the global market growth.
Furthermore, the technological advancements in printing techniques and manufacturing environmentally-friendly laminates are likely to offer immense growth opportunities for the market players. However, the volatile raw materials prices are expected to hamper the growth of the global decorative laminates market in the coming years.
The decorative laminates market in India has witnessed significant growth in recent years. Decorative laminates, due to their excellent properties, such as water resistance, huge variety, durability,microbe-resistant, and ease of maintenance are used in a wide range of applications such as cabinets, furniture, countertops, and wall panels.
The demand for general-purpose decorative laminates is high in all regions due to their easy availability and the high disposable income of consumers. Decorative laminates are used in various end-use sectors such as residential, non-residential, and transportation. Based on the end-use sector, the non-residential segment is projected to lead the decorative laminates market during the forecast period. This is mainly due to the high volume consumption of decorative laminates in non-residential buildings as compared to residential buildings.
The increasing focus of the government for low-cost housing and infrastructure development, coupled with the growth in the construction and furniture industry in the country is believed to benefit the expansion of the Indian plywood and laminates market.
Additionally, increasing demand for laminates in various end user industries, such as the furniture industry, real estate industry, coupled with the rapid urbanization in the country are some of the factors anticipated to promote towards the growth of the Indian laminates market.
Moreover, the Goods and service tax (GST) has resulted in lowering the price difference of the plywood and laminates sector between the organized and unorganized sectors, which is also anticipated to be one of the major key factors contributing towards the growth of the Indian plywood and laminates market.
Q. What
is the face value of Merino Industries Ltd shares?
Answer: The face value of Merino Industries Ltd shares is ₹10 per
equity share.
Q. What
is the ISIN of Merino Industries Ltd shares?
Answer: The ISIN of Merino Industries Ltd is INE662B01017.
Q. What
is the minimum lot size for buying Merino Industries shares through WWIPL?
Answer: The minimum lot size is 50 shares, subject to market
availability.
Q. How
can I buy Merino Industries shares through WWIPL?
Answer: Investors can place an order through WWIPL and receive shares
directly in their Demat account after completing the transaction process.
Q. Why
should I buy Merino Industries shares through WWIPL?
Answer: WWIPL offers transparent pricing, verified transfers, secure
settlements, and dedicated support throughout the investment journey.
Q. What
does Merino Industries Ltd do?
Answer: Merino Industries manufactures decorative laminates, plywood,
furniture products, surface solutions, chemicals, and food & agro products
for domestic and international markets.
Q. Is
Merino Industries only a laminates company?
Answer: No. While decorative laminates are its largest business, the
company also operates across furniture solutions, chemicals, and food
processing segments.
Q. What
makes Merino Industries different from other building material companies?
Answer: Merino operates an integrated interior solutions model with a
strong dealer network, manufacturing scale, and global export presence.
Q. Does
Merino Industries have an international presence?
Answer: Yes. Merino products are sold in 80+ countries across five
continents.
Q. What
industries does Merino Industries serve?
Answer: The company serves residential, commercial, hospitality,
education, retail, and infrastructure sectors.
Q. Is
investing in Merino Industries a good idea?
Answer: Investors often evaluate Merino based on India's housing growth,
premiumization trends, and increasing demand for organized building material
players.
Q. What
are the key growth drivers for Merino Industries?
Answer: Real estate growth, infrastructure spending, rising organized
market share, exports, and premium interior solutions can support future
growth.
Q. What
factors influence the valuation of Merino Industries shares?
Answer: Revenue growth, dealer network expansion, export performance,
operating margins, capacity utilization, and profitability are key valuation
drivers.
Q. Why do
investors track Merino Industries shares closely?
Answer: Many investors view Merino as a play on India's organized
building materials and interior solutions market.
Q. What
are the risks of investing in Merino Industries shares?
Answer: Investors should consider raw material volatility, real estate
cycles, export demand fluctuations, competition, and liquidity constraints
associated with unlisted shares.
Q. What
should investors evaluate before investing in Merino Industries Ltd?
Answer: Investors should assess market leadership, manufacturing
capacity, dealer network strength, profitability, and long-term demand trends.
