MCON Rasayan India Ltd, established in 2016, specializes in the manufacturing, marketing, and sale of modern building materials and construction chemicals, offering a portfolio of over 80 products. These include both powder and liquid forms, such as ready mix plaster, tile adhesives, wall putty, and polyurethane-based liquid membranes, marketed under the 'MCON' brand. The company operates two manufacturing plants in Gujarat, with a combined capacity of 15,000 MTPA, serving markets in Maharashtra, Gujarat, and Rajasthan. Notable product launches include the MCON Magic Coat PU and MCON MORTAR/ NSA Grey.
The company transitioned from private to public limited status in late 2022 and is planning to issue 20,00,000 equity shares to raise capital. This strategic move aims to enhance its financial base to support growth and expansion in the competitive construction chemicals industry.