MP Laghu Udyog Nigam Ltd. with time has proven to be a core resourcing corporation for the entire state of mp focusing upliftment of ssi units and msme segments. Under the strong intervention of ministry of C&I, MPLUN has lived to the expectations creating equal opportunities.
Since it's incorporation in 1961 under The Companies Act -1956. Marketing assistance to SSI sector and further to act as a official procurement agency of state Govt. has brought many meaningful approaches in the overall procurement following supply chain resource management.
The revenue growth has been remarkable in the recent decades. With the expansion & business diversification, corporation has achieved total Business of Rs. 1076.76 cr. and net profit of Rs. 11.69 cr. in FY 2012-13 and reserve & surplus upto 31-03-13 is Rs. 84.45 cr.
The paid-up capital of mplun is Rs. 2.83 Cr. against the authorized capital of Rs. 5.00 Cr. out of Rs. 2.83 Cr. paid-up capital Nigam has invested Rs. 0.72 Cr. in its subsidiary company i.e. MP Hastshilp evam Hathkargha Vikas Nigam