Master Components was incorporated as Master Components Private Limited on December 27, 1999 under the Companies Act, 1956 with the Registrar of Companies, Mumbai. The status of the company was changed to public limited and the name of the company was changed to Master Components Limited vide Special Resolution dated December 26, 2022. The fresh certificate of incorporation consequent to conversion was issued on January 04, 2023 by the Registrar of Companies, Mumbai.

The company is engaged in manufacturing plastic engineering components and subassemblies. Its product is an industrial capital goods and it undergoes stringent quality tests to meet industry standards before they are delivered to its clients. It considers that the proximity of its Nashik facility to Mumbai- Pune Highway, and ability to produce a comprehensive range of plastic components provides it significant competitive advantages. Due to its ability to produce multiple kinds of moulded products at a single location, it is able to cater to various sector MNC’s and its smaller business associates who generally require components of different size and shapes. It endeavors to promptly address any concerns of its business associates through significant senior management engagement. Its manufacturing facility is equipped with the new technology machinery which is situated at Nashik, Maharashtra. It is an International Automotive Task Force (IATF) and also ISO 9001:2015 certified for Quality Management.

Business area of the company

The company is engaged in manufacturing plastic engineering components and subassemblies

Products of the company 

• Electrical components
• Automotive components
• Medical components

History and milestones 

• 1999: Incorporation of the company Master Components Private Limited.
• 2010: Award of Excellence from Lear Automotive India Private Limited for the year 2009.
• 2015: Turnover of the company crossed Rs 10 crore.
• 2020: Turnover of the company crossed Rs 15 crore.
• 2021: Certificate of Appreciation from Government of India (Ministry of Finance) for contribution in building strong and resilient nation.
• 2022: Company converted from Private Limited Company to Public Limited Company vide special resolution passed at General Meeting dated December 26, 2022.
• 2023: Turnover of the company crossed Rs 20 crore.