Formica Laminates (India) Private Limited - Company overview

Formica was incorporated on 28 September 2011 and is registered with ROC Ahmedabad.

2011-09-28 Gandhinagar, Gujarat Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–25 Cr
▲ 4.8%
FY 2023
PROFIT / LOSS
Loss · ₹10–25 Cr
▼ -2.4%
FY 2023
EBITDA
Loss · ₹5–10 Cr
▲ 33.9%
FY 2023
NET WORTH
₹50–100 Cr
▼ -0.3%
FY 2023
TOTAL ASSETS
₹50–100 Cr
▲ 3.1%
FY 2023
EMPLOYEE COUNT
31–40
OPEN CHARGES
-
-
PAID-UP CAPITAL
47.65 Lakh
AUTHORISED CAPITAL
50.00 Lakh
COMPANY AGE
15 Years 0 Months
since 2011-09-28
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
2
Updated: 2025-07-19 12:59:44
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Formica covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
72/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (68), financial health (55), director (85) and company-foundation signals.
  • Operating for 15+ years.
Compliance Score Moderate
68/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
55/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
85/100
Board strength, DIN status and churn.
  • 5 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Formica Company identity, industry, contact, and registration details from MCA and company records.

Formica was incorporated on 28 September 2011 and is registered with ROC Ahmedabad. It is an active private limited company, now about 15 years old. The registered office is in Gandhinagar, Gujarat.

In its MCA filings the main business is listed as wood and wood products, furniture, paper and paper products, which made up 100% of turnover.

It has five directors: Gunjan Anurag, Nilesh Valmik Shinde, Ajay Khurana and 2 others. The longest-serving is Ajay Khurana, on the board since 2021; the most recent to join is Ketan Bharatbhai Panchal, appointed in December 2025. Ajay Khurana is the managing director. Ten former directors are on record; the most recent to leave was Miteshkumar Maheshbhai Patel in September 2023.

₹47.65 lakh of its ₹50 lakh authorised capital is paid up (about 95%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. No charges (secured loans) are registered against it.

Manufacturing ••••••••
  • Location Block No.591/592, 6Th K.M. Stone Kalol- Vamaj Road, Village- Piyaj, Tal:, Gandhinagar, Gujarat - 382721
  • Website formica-india.com
LinkedIn Facebook Twitter YouTube Instagram
Legal NameFormica Laminates (India) Private Limited
CIN / LLPINU20219GJ2011PTC084921
Company No.084921
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2011-09-28
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Ahmedabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Formica (5) Current board members from MCA filings, including designation and appointment details.

G
Gunjan Anurag
Additional Director | Since 2025-06-16 | DIN: 09288910
N
Nilesh Valmik Shinde
Additional Director | Since 2025-12-08 | DIN: 10462160
A
Ajay Khurana
Managing Director | Since 2021-06-04 | DIN: 06576186
S
Sanjay Solanki
Director | Since 2024-08-10 | DIN: 10727193
K
Ketan Bharatbhai Panchal
Additional Director | Since 2025-12-10 | DIN: 11420749

Financial Performance of Formica Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹10–25 Cr ▲ 4.8%
P&L Loss · ₹10–25 Cr ▼ -2.4%
EBITDA Loss · ₹5–10 Cr ▲ 33.9%
Net worth ₹50–100 Cr ▼ -0.3%

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Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingWood and wood products, furniture, paper and paper products100
ManufacturingWood and wood products, furniture, paper and paper products100.00

Financial Ratios of Formica Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Formica Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Formica EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Formica GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Formica Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Formica MSME supplier payment delays and filing history. Full amounts unlock with your report.

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Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Formica Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Formica Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Formica?
MCA does not publish an "owner" field. Formica is run by its directors, Gunjan Anurag, Nilesh Valmik Shinde, Ajay Khurana and two others, with Ajay Khurana as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Formica?
Formica has five current directors: Gunjan Anurag (since June 2025), Nilesh Valmik Shinde (since December 2025), Ajay Khurana (since June 2021), Sanjay Solanki (since August 2024) and Ketan Bharatbhai Panchal (since December 2025). Ajay Khurana is the managing director.
What is CIN of Formica?
The CIN of Formica is U20219GJ2011PTC084921. Reading it left to right: U means it is not listed, 20219 is the industry code it registered under, GJ is Gujarat, 2011 is the year it was registered, PTC is the company type and 084921 is its registration number.
When was Formica incorporated?
Formica was incorporated on 28 September 2011 with ROC Ahmedabad. That makes it about 15 years old.
What is the registered address of Formica?
The registered office on MCA records is Block No.591/592, 6Th K.M. Stone Kalol- Vamaj Road, Village- Piyaj, Tal:, Gandhinagar, Gujarat - 382721.
What is the current status of Formica?
MCA shows Formica as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Formica?
You can post to its registered office at Block No.591/592, 6Th K.M. Stone Kalol- Vamaj Road, Village- Piyaj, Tal:, Gandhinagar, Gujarat - 382721 and use its website, https://formica-india.com.
What industry or business activity is Formica associated with?
Its MCA filings list the main business as wood and wood products, furniture, paper and paper products (100% of turnover).
What is paid-up capital and authorised share capital of Formica?
Paid-up capital is ₹47.65 lakh and authorised capital is ₹50 lakh, so about 95% of the authorised amount has been issued.
When did Formica last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Formica?
MCA shows no charges registered against Formica, so no assets are pledged for a registered secured loan.
Have any directors left Formica?
Yes, ten former directors are on record. The most recent to leave were Miteshkumar Maheshbhai Patel (September 2023), Anil Sachdeva (March 2022) and Manjeet Singh (June 2021).
What is the turnover or revenue of Formica?
Based on filed financial statements, the revenue of Formica for FY 2023 was in the ₹10–25 Cr range. That is up 4.8% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Formica?
For FY 2023, the net worth of Formica was in the ₹50–100 Cr range.
How can I get the financial details of Formica?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Formica?
The website on record for Formica is https://formica-india.com.
Which company owns formica-india.com?
formica-india.com is the website listed for Formica Laminates (India) Private Limited in its company records.
Formica - is it listed or unlisted?
Formica is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Formica?
Formica is registered with ROC Ahmedabad.
What is the company classification of Formica?
MCA classifies Formica as: Private Limited Indian Non-Government Company.
Does Formica have GST registrations on file?
Yes, 2 active GST registrations are linked to Formica, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.