NR Group

Mysuru, India Founded: 1948 • Age: 78 yrs Minicorn
Diversified conglomerate operating across multiple industries

About NR Group

NR Group is an Industrial Goods & Manufacturing company based in Mysuru (India) founded in 1948 by N Ranga Rao. Diversified conglomerate operating across multiple industries. NR Group was last valued at $249.07 million in April 2018. NR Group offers products and services including Business Services and Foundation Programs. Its focus areas include Conglomerates and Traditional Conglomerates. Its legal entity in India is N R Group Llp (AAF-7156).

Company details

Founded in 1948 in Mysuru, India, the conglomerate maintains operations across diverse sectors such as fast-moving consumer goods, personal and home care products, aerospace and defense technologies, agricultural solutions, healthcare services, and IoT applications. Brands under its portfolio provide lifestyle items, essential oils, advanced manufacturing in aviation, solar irrigation systems, and treatments for neurological and psychological disorders. The domain nrgroup.com is utilized for its online presence.

  • Headquarters Mysuru, India
  • Founders N Ranga Rao
  • Stage Minicorn
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website nrgroup.com
  • Social LinkedIn
  • Legal Name N R Group Llp
  • Date of Incorporation 15 Feb, 2016
  • Jurisdiction Mysore, Karnataka, India
Key Metrics
  • Net Loss
    -₹25,300

    FY 2017 · 0% margin

  • EBITDA
    -₹25,300

    FY 2017 · 0% margin

  • Latest Funding Round
    $23.72M (USD), Unspecified

    Apr 2018

  • Investors

Products & Services of NR Group

NR Group offers a comprehensive portfolio of products and services, including Business Services and Foundation Programs.

Business Services
Corporate Offerings

Business services are provided across various domains, focusing on innovations and accomplishments that have been developed through the company's legacy

Foundation Programs
Social Initiatives

Foundation programs are offered to address social responsibility, where community impacts are created based on the company's values and leadership

Funding Insights of NR Group

  • Total Rounds 1
  • Last Round Unspecified β€” $23.72M
  • First Round $23.72M

    (Apr 2018)

  • Investors Count 4

All 1 funding rounds of NR Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2018$23.72MUnspecified$249.07MMotilal Oswal Private Equity
Valuation history
DateValuationStage
Apr 2018$249.07Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $249.07M (Apr 2018). 4 investors in total: 2 institutional and 2 angel.

Investors in NR Group

NR Group has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Motilal Oswal Private Equity, Navin Hariprasad Agarwal and Hemchand C Gandhi.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity investment firm focused on growth stage companies
2006motilaloswalpe.comMumbai, India
riddhisiddhidevelopers.com

Navin Hariprasad Agarwal

unknown_27cfd29ed20845458

Hemchand C Gandhi

unknown_c199a8d6dd2342768
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Investor details for NR Group

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Board of directors of N R Group Llp (NR Group)

N R Group Llp is the primary company behind NR Group. The board of N R Group Llp currently have 2 directors; the longest-serving is Arjun Murthy Ranga, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Arjun Murthy Ranga
DIN 00235226
Designated Partner15 Feb 201610 yrs 8 moN R Group Llp
Vishnu Das Vasu Ranga
DIN 01901910
Designated Partner15 Feb 201610 yrs 8 moN R Group Llp

People of NR Group

1 people are tracked at NR Group (1 in leadership).

NameRoleGroup
N Ranga Rao
ex-FounderLeadership
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Financials of NR Group

Figures of N R Group Llp, the primary company behind NR Group, for FY 2017. Net loss was -₹25,300 (0% margin). EBITDA was -₹25,300 (0% margin).

  • -₹25,300Net loss · 0% margin
  • -₹25,300EBITDA · 0% margin

Balance sheet, profit and loss, cash flow and ratios of N R Group Llp are on its company page.

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Detailed financial statements for NR Group

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Timeline of NR Group

3 dated milestones of NR Group across 70 years, from founding to its latest funding, stage changes and deals.

  1. Founded NR Group is founded.
  2. Funding First funding round of $23.7M.
  3. Milestone Reaches Minicorn status.

Top companies in Metals & Minerals

3 companies that operate in the same segment as NR Group (Metals & Minerals) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Manufacturer of pipes, plates & coils, and home textile products
1985Mumbai, Maharashtra, IndiaUSD 544.74 M6,934
Chemical and casting products are manufactured, with shipping operations managed.
1962Chennai, Tamil Nadu, IndiaUSD 576.61 MUSD 1.43 B180
Diversified operations span automotive, agriculture, and financial services.
1945Mumbai, Maharashtra, IndiaUSD 45.15 MUSD 20.78 B78,760
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Related news about Nr Group

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Frequently Asked Questions about NR Group

NR Group was founded in 1948 and raised its 1st funding round 70 years after it was founded.

NR Group is headquartered in Mysuru, India. It is registered at Mysuru, Karnataka, India.

Founded in 1948 in Mysuru, India, the conglomerate maintains operations across diverse sectors such as fast-moving consumer goods, personal and home care products, aerospace and defense technologies, agricultural solutions, healthcare services, and IoT applications. Brands under its portfolio provide lifestyle items, essential oils, advanced manufacturing in aviation, solar irrigation systems, and treatments for neurological and psychological disorders. The domain nrgroup.com is utilized for its online presence.

NR Group offers Business Services and Foundation Programs.

NR Group has 4 investors. Key investors include Motilal Oswal Private Equity, Navin Hariprasad Agarwal, Hemchand C Gandhi, and Riddhisiddhidevelopers.

The valuation of NR Group is $249.07M as of Apr 2018.

NR Group operates through N R Group Llp.

The legal entities of NR Group currently have 2 directors, including Arjun Murthy Ranga, Vishnu Das Vasu Ranga.

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