About Mirage Ceramics
Mirage Ceramics is a company based in Mumbai (India) founded in 2005. Ceramic wall tiles are manufactured by Mirage Ceramics in Mumbai. Mirage Ceramics has raised $15.47 million across 1 funding round from investors including Mulk Holdings. The company has 54 employees. Its Indian entity Mirage Ceramics Private Limited reported revenue of ₹41.46 Cr.
Company details
Mirage Ceramics was founded in 2005 in Mumbai, India, within the ceramics manufacturing sector. Ceramic wall tiles are produced by the company, with operations focused on tile fabrication for construction and interior uses. Distribution occurs through established channels in the domestic market, supported by the domain mirageceramics.com for business inquiries. The facility in Mumbai handles core production processes, emphasizing standard tile varieties for various applications.
- Headquarters Mumbai, India
- Employees 54
- Email••••••••
- Phone•••• ••••
- Website mirageceramics.com
- Social LinkedIn
- Legal Name Mirage Ceramics Private Limited
- Date of Incorporation 09 May, 2005
- Jurisdiction Dombivli, Maharashtra, India
- Annual Revenue₹41.46 Cr
FY 2018 · -35% YoY
- Net Loss-₹17.99 Cr
FY 2018 · -43% margin
- EBITDA-₹11.37 Cr
FY 2018 · -27% margin
- Total Equity Funding$15.47M (USD)
in 1 rounds
- Latest Funding Round$15.47M (USD), Series A
Jul 2017
- Investors
- Employee Count54
Associated legal entities of Mirage Ceramics
Mirage Ceramics operates through Mirage Ceramics Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mirage Ceramics Private Limited CIN U51909MH2005PTC153140 | Under Liquidation | 09 May 2005 | Dombivli, Maharashtra | ₹41.5 Cr | 54 | 3 | View details |
Funding Insights of Mirage Ceramics
Mirage Ceramics has successfully raised a total of $15.47M through 1 strategic funding round. The most recent funding activity was a Series A round of $15.47 million completed in July 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $15.47M
- Total Rounds 1
- Last Round Series A — $15.47M
- First Round $15.47M
(Jul 2017)
- Investors Count 1
All 1 funding rounds of Mirage Ceramics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $15.47M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in Mirage Ceramics
Mirage Ceramics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mulk Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of metal composites, aluminium coil coatings, and power genertion assets | mulkholdings.com | Sharjah, United Arab Emirates |
Investor details for Mirage Ceramics
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Board of directors of Mirage Ceramics Private Limited (Mirage Ceramics)
Mirage Ceramics Private Limited is the primary company behind Mirage Ceramics. The board of Mirage Ceramics Private Limited currently have 3 directors; the longest-serving is Shrikant Sudhir Khadilkar, appointed in 2007. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shrikant Sudhir Khadilkar DIN 00260477 | Director | 29 Mar 2007 | 19 yrs 6 mo | Mirage Ceramics Private Limited |
| Rajaram Panchu Yadav DIN 08299458 | Additional Director | 15 Dec 2018 | 7 yrs 10 mo | Mirage Ceramics Private Limited |
| Harendraprasad Rammurat Yadav DIN 08299534 | Additional Director | 15 Dec 2018 | 7 yrs 10 mo | Mirage Ceramics Private Limited |
Financials of Mirage Ceramics
Figures of Mirage Ceramics Private Limited, the primary company behind Mirage Ceramics, for FY 2018. Revenue was ₹41.46 Cr (-35% year on year). Net loss was -₹17.99 Cr (-43% margin). EBITDA was -₹11.37 Cr (-27% margin). Revenue has grown at a compounded annual rate of -17% over three years and -11% over five years.
- ₹41.46 CrRevenue · FY 2018 · -35% YoY
- -₹17.99 CrNet loss · -43% margin
- -₹11.37 CrEBITDA · -27% margin
- ₹12.86 CrPaid-up capital
- 54Employees (provident fund records)
- -17%Revenue CAGR, 3 years
- -11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mirage Ceramics Private Limited are on its company page.
Detailed financial statements for Mirage Ceramics
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Timeline of Mirage Ceramics
2 dated milestones of Mirage Ceramics across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Mirage Ceramics is founded.
- Funding First funding round of $15.5M.
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Frequently Asked Questions about Mirage Ceramics
Mirage Ceramics was founded in 2005 and raised its 1st funding round 12 years after it was founded.
Mirage Ceramics is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mirage Ceramics is a funded company, having raised a total of $15.47M across 1 funding round to date. The company's 1st funding round was a Series A of $15.47M, raised on Jul 2017.
Mirage Ceramics has 54 employees.
The primary company behind Mirage Ceramics, Mirage Ceramics Private Limited, reported revenue of ₹41.46 Cr for FY 2018, down 35% year on year.
Mirage Ceramics was founded in 2005 in Mumbai, India, within the ceramics manufacturing sector. Ceramic wall tiles are produced by the company, with operations focused on tile fabrication for construction and interior uses. Distribution occurs through established channels in the domestic market, supported by the domain mirageceramics.com for business inquiries. The facility in Mumbai handles core production processes, emphasizing standard tile varieties for various applications.
Mirage Ceramics has 1 investor. Key investors include Mulk Holdings.
Mirage Ceramics operates through Mirage Ceramics Private Limited.
The legal entities of Mirage Ceramics currently have 3 directors, including Shrikant Sudhir Khadilkar, Rajaram Panchu Yadav, Harendraprasad Rammurat Yadav.