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Company Information

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M R ORGANISATION LTD.

31 July 2023 | 03:32

Industry >> Compressors

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ISIN No INE330R01017 BSE Code / NSE Code / Book Value (Rs.) 131.06 Face Value 10.00
Bookclosure 52Week High 190 EPS 28.98 P/E 6.56
Market Cap. 49.09 Cr. 52Week Low 190 P/BV / Div Yield (%) 1.45 / 0.00 Market Lot 0.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated as "M.R. Organisation Limited" under the Companies Act, 1956 vide Certificate of Incorporation dated April 05, 2013 bearing Registration No. 074365 in Ahmedabad, Gujarat. Our Company has received Certificate of Commencement of Business on April 09, 2013. The Corporate Identification Number (CIN) of our Company is U29305GJ2013PLC074365.

M.R. Organisation was founded in 1984 as a family partnership company which started its business as a trading entity dealing in engineering spare parts and progressively moved in to Air and Gas Compressor spare parts. Till 1987, M.R.O was more focused on reciprocating parts and in the year 1990 started exporting to USA and Singapore. Year 2001, M.R.O started diversifying the product line and added many replacement parts and kits for Screw Compressors. In the year 2006, M.R.O started its manufacturing as 100% EOU (Export Oriented Unit) and continued till 2011, this period brought some unique advantages to the company like the company had to pay no Income Tax to the Government for 3 years, 100% Custom and Excise Duty Free Import and Service Tax and VAT were refundable once paid on purchase or services of goods. All these Tax Free Profits were utilized in samples, reverse engineering, creating of tools, dyes, patterns and a huge inventory pipe line to serve our customers on time.
On April 05, 2013, M.R. Organisation was converted under Chapter IX of The Companies Act, 1956 to a closely held Limited company.

Currently in the international market, M.R. Organisation is known as an ,AAA? company (Any Time Any Kit Available). With collection of more than 40,000 different spare parts of more than 29 well known global Air compressor brands, Our Company has become one of the few companies in Global Market as Manufacturer and Exporter of replacement parts and kits of all type of major Screw Compressor, Centrifugal Compressor and Reciprocating Compressor.

M.R.O's spare parts & kits manufacturing facility, air-end rebuilding workshops and corporate headquarters located in the central portion of Ahmedabad in Gujarat, India. The 100% subsidiaries of M.R.O are located in USA and UK as M.R. Organisation USA LLC in U.S.A and M.R Organisation Ltd. UK in U.K.

2013

- M.R. Organisation Limited is selected for Western India Regional Award for the year 2012-13 as STAR PERFORMER by EEPC (Engineering & Export Promotion Council of India) India for West Zone.