About Simpolo
Simpolo is a company based in Morbi (India) founded in 1977. Simpolo has raised $69.29 million across 3 funding rounds from investors including State Bank of India, Motilal Oswal Financial Services and Motilal Oswal Private Equity. The company has 533 employees as of August 27, 2025. Simpolo offers products and services including Vitrified Tiles, Bathware, and Tiles Collection. Simpolo operates in a competitive market with competitors including EGGER, LIXIL, JuuNoo, Hardware Resources and Armstrong World Industries, among others.
- Headquarter Morbi, India
- Employees 533 as on 27 Aug, 2025
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Simpolo Vitrified Pvt Ltd
- Jurisdiction Ghuntu, Gujarat, India
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Annual Revenue
$198.11 M (USD)18.11as on Mar 31, 2024
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Net Profit
$17.5 M (USD)168.53as on Mar 31, 2024
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EBITDA
$33.42 M (USD)22.37as on Mar 31, 2024
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Total Equity Funding
$69.29 M (USD)
in 3 rounds
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Latest Funding Round
$65.96 M (USD), Private Equity Round
Aug 29, 2022
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Investors
State Bank of India
& 49 more
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Employee Count
533
as on Aug 27, 2025
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Products & Services of Simpolo
Simpolo offers a comprehensive portfolio of products and services, including Vitrified Tiles, Bathware, and Tiles Collection.
Durable tiles for living rooms, kitchens, and outdoor use.
Products like basins and EWC for bathroom installations.
Various designs for bedrooms and commercial spaces.
Funding Insights of Simpolo
Simpolo has successfully raised a total of $69.29M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $65.96 million completed in August 2022. 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.
Investors in Simpolo
Simpolo has secured backing from 50 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include State Bank of India, Motilal Oswal Financial Services and Motilal Oswal Private Equity.
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Private equity fund focused on multiple sectors
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Private equity investment firm focused on growth stage companies
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Private equity firm focused on multiple sectors
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Investor details for Simpolo
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Simpolo
Investment portfolio details for Simpolo
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- Transaction dates
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Financial Statements - Simpolo
Detailed financials for Simpolo
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- Profit trends
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Simpolo Comparisons
Peer comparison for Simpolo
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Competitors of Simpolo
Simpolo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EGGER, LIXIL, JuuNoo, Hardware Resources and Armstrong World Industries, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Home decor and furniture products are manufactured by EGGER.
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Manufacturer of exterior & interior building materials, and construction management services
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Glass walls, windows, and doors are manufactured by JuuNoo.
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Products for kitchen cabinets, baths, and closets are manufactured.
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Provider of ceiling and wall solutions for commercial and residential spaces
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Flooring, wall panels, and other interior building materials are manufactured.
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Detailed competitors of Simpolo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Simpolo
Complete news archive for Simpolo
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Frequently Asked Questions about Simpolo
Simpolo was founded in 1977 and raised its 1st funding round 31 years after it was founded.
Simpolo is headquartered in Morbi, India. It is registered at Morbi, Gujarat, India.
Sanjay Kalra is the current CEO of Simpolo.
Simpolo is a funded company, having raised a total of $69.29M across 3 funding rounds to date.
As of Aug 27, 2025, the latest employee count at Simpolo is 533.
Annual revenue of Simpolo is $198.11M as on Mar 31, 2024.
Simpolo was founded in 1977 in Morbi, India, where operations focus on the production of vitrified tiles and ceramic bathware. Tiles are designed for use in living rooms, bathrooms, kitchens, and outdoor areas, while bathware includes basins, urinals, cisterns, and related products. These items serve both residential and commercial sectors within the building materials industry.
Simpolo's top competitors include Armstrong World Industries, EGGER and LIXIL.
Simpolo offers Vitrified Tiles, Bathware, and Tiles Collection.
Simpolo has 50 investors. Key investors include State Bank of India, Motilal Oswal Financial Services, Motilal Oswal Private Equity, India SME Investments, and PinCon Spirit.