Muller & Phipps India Limited, incoporated in Kolkotta(Culcutta) on 12th October 1917 as a fully owned subsidiary of Muller & Phipps International, New York, USA. Muller & Phipps (I) Ltd. acted as indenting agents for many well-known American and continental manufactures of consumer and industrial products. Some of the brands that were brought to Indian subcontinent by Muller & Phipps include Gillette Blades abd shaving accessories, Quaker Oats, etc. The post independence era of 1950's outlined India's policy of self-reliance & consequently, restrictions were imposed on import of consumer products. Moving with times and consistent with the company's philosophy of being of service to Indian consumers, Muller & Phipps marched towards becoming a marketing organisation with strong foundation for efficient and extensive distribution of a wide range of products. With the sucess of these products, Muller & Phipps grew steadily to be regarded as the leading and most progressive distribution company in the country. When the restrictions on foreign holding were removed, Getz Corporation acquired majority of holdings in Muller & Phipps (I) Ltd.
YEAR EVENTS1917 - The company was incorporated in Calcutta as a Private Limited
Company on 12th October. It became a public limited company on
19th November, 1973. The main objects include marketing and
distribution of various products, providing warehousing and
despatching facilities for other manufacturers and handling the
import of technical equipment for railroads, steel mills,
manufacturers of automobiles/tractors/trucks/machine tool etc.
The Company also manufactures talcum powder, ointment,
insecticides and detergents. The talcum powder, ointment and
soap are being marketed under the name "CUTICURA".
- From 1917 to 1947, the Company's operation was mainly that of an
`indent house' representating many world famous companies both in
USA and England.
- The Company acts as distributors to Christine Hoden (India) Pvt.
Ltd., for their sanitary towels, to Cooper Laboratories
International Inc., for their Knox medicinal specialities, to
Bombay Forgings Pvt. Ltd., for their "Vita" tooth brushes and
to Hamdard Laboratories (India) for their medicinal products.
The Company also sells Shelltox with Vapona (insecticide)
purchased by it in bulk from National Organic Chemical
Industries, Ltd.
1973 - 999 shares held by Muller & Phipps International Corporation, New
York and 1 share by Mr. F.E.J. Edward.
1974 - Issued 39,000 shares to Muller & Phipps International
Corporation, New York and 6,000 shares issued to Indian
directors/employees. 54,000 shares offered to the public in
December 1973.
1976 - The Company signed an agreement on 29th December, for the take
over of the Indian Branch business of Cooper Laboratories
International Inc., effective from 1st November.
1977 - 3,00,000 shares issued at par during May-June 1977; 57,680 shares
reserved for allotment to Muller & Phipps International Corpn.,
USA; 60,000 shares issued as rights to resident Indian
shareholders in proportion 1:1 and 1,82,320 shares offered to the
public.
1989 - Muller & Phipps Agencies Limited and Muller & Phipps (Industrial
Services) Limited are wholly owned subsidiaries of Muller &
Phipps (India) Limited.
1993 - The subsidiary of your Company in USA, M/s Reddy-Cheminor Inc
have started trading operation during the year.
- The Company has formed an International Division as part of its
Globalisation strategy.
1994 - The Company issued 2,25,000 No. of equity shares of Rs 10 each at
a premium of Rs 10 to Getz International Inc. U.S.A. one of the
principal shareholders.
- The Company has its own laboratory where Research and Development
activities are carried out for upgradation of its existing
products and introduction of new products.
1999 - During the year, the Company has entered into an agreement with
Dep Corporation, U.S.A. for transfer of technology in connection
with Cuticura range of products.
2011
-Registered Office of the Company has been shifted From 221, Unique Industrial Estate, Off. Veer Savarkar Marg, Prabhadevi, Mumbai - 400025 To 16, Ground Floor, Unique Industrial Estate, Off. Veer Savarkar Marg, Prabhadevi, Mumbai - 400025.
2015 -Muller & Phipps India Ltd has shifted its Registered Office to the following address :
Muller & Phipps (India) Ltd 224, Unique Industrial Estate, Off Veer Savarkar Marg, Prabhadevi, Mumbai - 400025
2017 -The company has celebrating 100 years
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