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MULLER & PHIPPS (INDIA) LTD.

26 June 2025 | 04:01

Industry >> Trading

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ISIN No INE003F01015 BSE Code / NSE Code 501477 / MULLER Book Value (Rs.) -23.84 Face Value 10.00
Bookclosure 24/09/2024 52Week High 726 EPS 0.00 P/E 0.00
Market Cap. 21.39 Cr. 52Week Low 216 P/BV / Div Yield (%) -14.36 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
YEAR EVENTS 1917 - 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