Mcon Rasayan India Limited

Manufacturer and supplier of construction chemicals and waterproofing products.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: July 18, 2024

Mcon Rasayan India Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.30 Cr
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.90 M
  • Satisfied Charges ₹ 22.52 Cr
  • Revenue Growth 61.58%
  • Profit Growth 129.19%
  • Ebitda 87.19%
  • Net Worth 457.24%
  • Total Assets 109.84%

About Mcon Rasayan India

Mcon Rasayan India Limited (MRIL) is a Public Limited Indian Non-Government Company incorporated in India on 22 September 2016 (Eight years and five months 6 days old ). Its registered office is in Mumbai, Maharashtra.

The Corporate was formerly known as Mcon Rasayan Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.30 Cr.

The company currently has active open charges totaling ₹0.90 M. The company has closed loans amounting to ₹22.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mcon Rasayan India Limited India are Veenita Thakkar as CFO and Aesha Shah as Company Secretary. Dhara Thakkar, Tapas Majumdar, Puja Bhanushali, and Five other members serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mconrasayan.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24304MH2016PLC286140

  • Company No.

    286140

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Mcon Rasayan India Limited offer?

Mcon Rasayan India Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Epoxy Paints and Coatings, Cement and Concrete, Concrete, Rust & Corrosion Protection Products, Rust Preventives, Adhesives, Glue and Sealants, Tile Adhesives, Polyurethane Sealants, Acrylic Sealants.

Who are the key members and board of directors at Mcon Rasayan India?

Executive Team (3)

NameDesignationAppointment DateStatus
Mahesh Bhanushali Country flag representing In Managing Director22-Sep-2016Current
Veenita Thakkar Country flag representing In CFO19-Dec-2022Current
Aesha Shah Company Secretary30-Dec-2023Current

Financial Performance of Mcon Rasayan India.

Mcon Rasayan India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.58% increase. The company also saw a substantial improvement in profitability, with a 129.19% increase in profit. The company's net worth Soared by an impressive increase of 457.24%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
61.58%
Revenue from Operations
61.58%
Total Assets
109.84%
Profit or Loss
129.19%
Net Worth
457.24%
EBITDA
87.19%

What is the Ownership and Shareholding Structure of Mcon Rasayan India?

In 2023, Mcon Rasayan India had a promoter holding of 66.65% and a public holding of 33.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.09 Cr

Satisfied Charges

₹22.52 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
04 May 2021Others₹0.17 MOpen
04 May 2021Others₹0.73 MOpen
29 Dec 2022Others₹4.99 CrSatisfied
08 Mar 2022Others₹1.00 CrSatisfied
02 Feb 2022Others₹6.69 MSatisfied

How Many Employees Work at Mcon Rasayan India?

Mcon Rasayan India has a workforce of 44 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mcon Rasayan India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mcon Rasayan India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mcon Rasayan India

Recent activity within the organization

  • Charges

    A charge registered on 29 Dec 2022 via Charge ID 100672186 with Others was fully satisfied on 08 Apr 2024.

    08 Apr 2024

  • Charges

    A charge registered on 08 Mar 2022 via Charge ID 100550377 with Others was fully satisfied on 08 Apr 2024.

    08 Apr 2024

  • Charges

    A charge registered on 02 Feb 2022 via Charge ID 100532836 with Others was fully satisfied on 08 Apr 2024.

    08 Apr 2024

  • Charges

    A charge registered on 17 Jul 2021 via Charge ID 100474078 with Others was fully satisfied on 08 Apr 2024.

    08 Apr 2024

  • Charges

    A charge registered on 17 Jul 2021 via Charge ID 100474082 with Others was fully satisfied on 08 Apr 2024.

    08 Apr 2024

  • Director Appointment

    Aesha Karan Shah was appointed as a Company Secretary was appointed as a Company Secretary on 30 Dec 2023 & has been associated with this company since 1 year 2 months .

    30 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mcon Rasayan India Limited?

    Mcon Rasayan India Limited was incorporated on 22 Sep 2016.

  • What is authorized share capital and paid-up capital of Mcon Rasayan India Limited?

    The authorized share capital of Mcon Rasayan India Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.30 Cr.

  • Who are the current board members & directors of Mcon Rasayan India Limited?

    Currently 10 directors are associated with Mcon Rasayan India Limited.

    • Veenita Harshad Thakkar
    • Aesha Karan Shah
    • Dhara Haresh Thakkar
    • Tapas Bimal Majumdar
    • Puja Mahesh Bhanushali
    • Mahesh Ravji Bhanushali
    • Dilip Mangilal Jain
    • Sonal Alok Doshi
    • Chetan Ravji Bhanushali
    • Nandan Dilip Pradhan
  • What is the registered address of Mcon Rasayan India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mcon Rasayan India Limited is 101/A 1St Floor Maxheal House Plot-169 Cts-104 Bangur Nagar Goregaon West Near Ayyapp A Temple, India, Mumbai, Maharashtra, 400090.

  • What is the corporate identification number (CIN) and company number of Mcon Rasayan India Limited?

    The corporate identification number (CIN) of Mcon Rasayan India Limited is U24304MH2016PLC286140 and the company number is 286140 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mcon Rasayan India Limited?

    The Official website of Mcon Rasayan India Limited is https://www.mconrasayan.com

  • What has been the recent revenue trend for Mcon Rasayan India Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mcon Rasayan India Limited has risen by 61.58%.

  • How many employees does Mcon Rasayan India Limited currently have?

    As Per 2023 financial reports, 44 employees are currently employed by Mcon Rasayan India Limited.

  • What change has been observed in the net worth of Mcon Rasayan India Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mcon Rasayan India Limited has experienced an upsurge of 457.24%.

  • What are the total open charges for Mcon Rasayan India Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mcon Rasayan India Limited amount to ₹ 0.90 M.

  • When was the last Balance Sheet of Mcon Rasayan India Limited filed with the ROC?

    The most recent Balance Sheet for Mcon Rasayan India Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Construction Materials