PRICE HISTORY.
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Key numbers
Published fundamentals and the date each figure was recorded.
Merino Industries Limited manufactures laminates, panel products, furniture and potato flakes, and also trades similar and allied products. The FY2024-25 annual report identifies laminates as its most significant segment by both profit and revenue. Its financial-statement notes describe the company as manufacturing and marketing decorative laminates, prelaminated boards, furniture, potato flakes, acrylic solid surface and agricultural produce. Its reported segments include laminates and furniture, potato flakes and other business. During FY2024-25 it commissioned a Halol plant to manufacture particle board, supporting the panel-products segment. The report associates the year's loss with the capitalisation and associated expenses from the plant setup. The business therefore spans manufacturing, product marketing and related trading across building-material, furniture, food-product and agricultural-product lines, which the report treats as distinct operating segments for disclosure.
About this company
Merino Industries Limited is one of India's largest and oldest manufacturers of decorative laminates and engineered interior surfaces. Incorporated in 1965 and headquartered in Kolkata, the company anchors the wider Merino Group, a diversified family-promoted enterprise with deep roots in the surfaces and panel-products industry. The business is organised around three broad divisions. Its Interior Solutions segment, the core of the company, produces decorative laminates, plywood, particle boards, restroom cubicles, lockers and allied building-material products sold under the Merino brand. The company is widely described as among the leading laminate manufacturers and exporters in the country, supplying architects, furniture makers, contractors and retail customers through an extensive dealer and distributor network spanning many states and dozens of export markets. Manufacturing is spread across multiple integrated facilities, including units at Hapur in Uttar Pradesh, Rohad in Haryana, Hosur in Tamil Nadu and Dahej in Gujarat. Beyond surfaces, Merino operates an Agro and food-solutions business covering cold storage, contract farming, biotechnology and processed-food products, including consumer brands in the packaged-food space. A smaller IT and business-services arm provides consulting and technology offerings, contributing a modest share of overall revenue and reflecting the group's effort to diversify beyond its industrial base. Merino's appeal in the unlisted market stems from its long operating history, established brand, vertically integrated manufacturing footprint and a multi-decade track record in a building-materials category tied to housing, real estate and interior-fit-out demand. As a profitable, dividend-paying company that has historically remained privately held, it is among the more closely watched names traded on unlisted-share platforms, where investors track its fundamentals ahead of any potential future public listing. The indicative price quoted on unlisted marketplaces is over-the-counter market data that reflects buyer and seller interest at a given time. It is not an official exchange quotation, can move sharply with limited liquidity, and should be treated only as a reference point alongside the company's disclosed financials.
COMPANY REGISTRY · ON FILE
THE CREW · BOARD & MANAGEMENT
COMMON QUESTIONS.
Is Merino Industries Limited listed on the stock exchange?+
No. As of 2 September 2026, Merino Industries Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.
What is the Merino Industries Limited unlisted share price?+
As of 2 September 2026, the indicative unlisted share price of Merino Industries Limited is ₹2,575 per share. This is an over-the-counter reference price, not a stock-exchange quote.
What indicative minimum amount is displayed for Merino Industries Limited unlisted shares?+
The displayed unit count is 5 share(s); at the indicative price of about ₹2,575, the displayed amount is approximately ₹12,875. This is a display convention, not evidence of inventory, an order minimum or a quote.
What is the ISIN of Merino Industries Limited?+
The recorded ISIN of Merino Industries Limited is INE662B01017. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.
Is trading in Merino Industries Limited unlisted shares legal in India?+
Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.
Is there a lock-in period for unlisted shares?+
A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.
Do you guarantee returns?+
No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.