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    MCON RASAYAN INDIA LTD.

    03 February 2026 | 09:55

    Industry >> Paints/Varnishes

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    ISIN No INE0O4M01019 BSE Code / NSE Code / Book Value (Rs.) 46.98 Face Value 10.00
    Bookclosure 29/09/2023 52Week High 172 EPS 3.10 P/E 17.59
    Market Cap. 39.98 Cr. 52Week Low 53 P/BV / Div Yield (%) 1.16 / 0.00 Market Lot 1,000.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was originally incorporated as `MCON Rasayan Private Limited' a private limited company under the Companies Act, 2013 at its registered office situated at Gala No.6, Bardanwala Estate, Opp. Malkani Tower, Near Dutt Mandir, Bandiwali Hill Road, Jogeshwari, Mumbai, Mumbai City, Maharashtra, India, 400102, pursuant to a certificate of incorporation dated September 22, 2016 issued by the Registrar of Companies Maharashtra at Mumbai("RoC"). Thereafter, the name our Company was changed from `MCON Rasayan Private Limited' to `MCON Rasayan India Private Limited', pursuant to a special resolution passed by the shareholders of our Company on September 23, 2022 and a fresh certificate of incorporation consequent to change of name was issued by the RoC on October 17, 2022. Thereafter, name of our Company was changed from `MCON Rasayan India Private Limited' to Mcon Rasayan India Limited' consequent to conversion of our Company from private to public company, pursuant to a special resolution passed by the shareholders of our Company on October 18, 2022, and a fresh certificate of incorporation consequent to change of name was issued by the RoC on December 12, 2022.The Company's Corporate Identity Number is U24304MH2016PLC286140

    Major events and milestones:
    2016
    -Incorporation of the Company.

    2019
    -Launch of flagship product "MCON Magic Coat PU"
    -Achieved turnover of Rs. 650 lakhs

    2021
    -Launch of MCON NSA Grey No Limit

    2022
    -Conversion of the Company from private limited to public limited
    -Achieved turnover of Rs.1900 Lakhs
    -Obtained the certificate of conformity for Tile Adhesive identified by "CE"
    -Renewed the IS certificate 15477: 2019 from the Bureau of Indian Standard
    -Renewed the IS certificate 2645: 2003 from the Bureau of Indian Standard

    2023
    -Mcon Rasayan India Limited commencement of commercial production at new Unit of the Company.

    2024
    -Mcon Rasayan India Limited has informed the Exchange regarding 'Intimation of commencement of commercial production at Phase -2 Unit of the Company'.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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