MCON Rasayan India was originally incorporated as ‘MCON Rasayan Private Limited’ a Private Limited Company under the Companies Act, 2013 at its registered office situated at Jogeshwari, Mumbai, pursuant to a certificate of incorporation dated September 22, 2016 issued by the Registrar of Companies Maharashtra at Mumbai (RoC). Thereafter, the name the company was changed from ‘MCON Rasayan Private Limited’ to ‘MCON Rasayan India Private Limited’, pursuant to a special resolution passed by the shareholders of the 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 the company was changed from ‘MCON Rasayan India Private Limited’ to Mcon Rasayan India Limited’ consequent to conversion of the company from private to public company, pursuant to a special resolution passed by the shareholders of the company on October 18, 2022, and a fresh certificate of incorporation consequent to conversion was issued by the RoC on December 12, 2022.
The company is in the business of manufacturing, marketing and selling of modern building materials and construction chemicals with a suite of many products which includes a range of construction materials and construction chemicals in both powder and liquid forms. Its powder products such as ready mix plaster, tile adhesives, block adhesives, wall putty, micro concrete & polymer mortar, engineering non-shrink grouts and floor hardeners are widely used in the building construction segment. Its liquid portfolio having products such as poly-urethane (PU) based liquid membrane, bonding agents, paints, anti-corrosive coatings, concrete admixtures and curing compounds. Its products are marketed and sold under the “MCON” brand.
The company has manufacturing plants, one each in Valsad and Navsari, Gujarat. Its plant at GIDC Sarigam, Valsad, Gujarat mainly manufactures admixtures, wall putty, tile adhesives, paints, concrete repair systems and waterproofing systems. Its other plant at Chikli, Navsari, Gujarat mainly manufactures readymix mortars, block adhesives and tile adhesives. Its manufacturing plants are situated at Valsad being the border of Maharashtra and Gujarat which is strategic location with respect to serving the western regional markets of the country. It has obtained certifications for manufacture and supply of construction & water proofing chemicals and paints in respect of its Unit I. It has also obtained IS 15477:2019 for Adhesive for use with ceramic, mosaic and stone tiles and IS 2645:2003 for Integral waterproofing compounds for cement, mortar and concrete. Further, it has obtained the Certificate of Compliance for its products, MCON Mortar, MCON NSA Grey Gold, MCON NSA Grey No Limit, MCON NSA White, MCON NSA White Gold, MCON NSA White No Limit and MCON LW, identified by the symbol “CE”.
Business area of the company
The company is engaged into the business of manufacturing and reselling of water proofing chemicals, construction materials and paints.
Products of the company
- Building materials & construction chemicals
- Chemical & mineral admixtures for concrete
- Tile adhesives & grout
- Waterproofing coating products
- Concrete repairs & filler for walls & roof
- Ready mix concrete mortar
- Wall finishes paints & concrete textured wall paint
- Anti corrosive coating products
- Engineering grouts Industrial
- Concrete essentials
Awards, accreditations or recognition
- 2022: Awarded with “Iconic Brand of the year 2022” by Brand India.
History and milestones
- 2016: Incorporation of the company.
- 2019: Launch of flagship product “MCON Magic Coat PU”.
- 2019: Achieved turnover of Rs 650 lakh.
- 2021: Launch of MCON NSA Grey No Limit.
- 2022: Conversion of the company from private limited to public limited.
- 2022: Achieved turnover of Rs 1900 Lakh.
- 2022: Obtained the certificate of conformity for Tile Adhesive identified by “CE”.
- 2022: Renewed the IS certificate 15477: 2019 from the Bureau of Indian Standard.
- 2022: Renewed the IS certificate 2645: 2003 from the Bureau of Indian Standard.