MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0008606
Corona Vitrified Private Limited - manufacturing in Rafaleshwar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.51 Cr
▲ 31% YoY
Net loss · FY 2024
₹4.52 Cr
Net margin -22.1%
EBITDA · FY 2024
-₹3.26 Cr
EBITDA margin -15.9%
Authorised capital
₹6.25 Cr
Registered with MCA
Paid-up capital
₹6.25 Cr
Issued & subscribed
Open charges
₹8.94 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
3
Provident fund records
About Corona Vitrified Private Limited
Data last updated:
Corona Vitrified Private Limited is a private limited company based in Rafaleshwar, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 08 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2009PTC058802. Its GSTIN is 24AADCC8065H1ZO (Gujarat).
The company has an authorised share capital of ₹6.25 Cr and a paid-up capital of ₹6.25 Cr. It is led by directors Punit Mansukhbhai Ughreja and Mansukh Khodabhai Ughareja.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 289/A N.H. 8 – A Rafaleshwar GIDC Tal. Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.51 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹4.52 Cr (net margin -22.1%) and EBITDA of -₹3.26 Cr (EBITDA margin -15.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Coronavitrified. As per MCA filings, the company has open charges of ₹8.94 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 5 cases are pending.
Corona Vitrified Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0008606). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website coronavitrified.com.
Company details
CIN U26933GJ2009PTC058802
Registration Number 058802
Incorporation Date 08 December 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0008606
Recognitions & Rankings of Corona Vitrified
Contact details
Corona Vitrified Private Limited's registered office is in Rafaleshwar, Gujarat. Its website is coronavitrified.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 289/A N.H. 8 – A Rafaleshwar GIDC Tal. Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Corona Vitrified Private Limited, buy the company report.
Comprehensive company report
Corona Vitrified Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Brands
Corona Vitrified operates one associated brand: Coronavitrified. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality wall tiles and flooring solutions. | coronavitrified.com |
Business activity
The main business activity of Corona Vitrified is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Corona Vitrified Private Limited, buy the company report.
Financials of Corona Vitrified Private Limited
FY 2024 filings availableCorona Vitrified Private Limited reported revenue of ₹20.51 Cr (up 31% YoY) for FY 2024.
Revenue · FY 2024
₹20.51 Cr ▲ 31%
Net loss · FY 2024
₹4.52 Cr margin -22.1%
EBITDA · FY 2024
-₹3.26 Cr margin -15.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▼ 5%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 229%
3 years · compounded
▼ 55%
5 years · compounded
▼ 114%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 31% growth in the latest year. EBITDA fell 229% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹3.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.52 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.9% | ||||
| Net Profit Margin | -22.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Corona Vitrified Private Limited, buy the company report.
Board of directors of Corona Vitrified Private Limited
Corona Vitrified has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punit Mansukhbhai Ughreja Also directs: Ceramax Granito Limited | Director | 08 Dec 2009 | 16 Years 10 Months | Current |
| Mansukh Khodabhai Ughareja Also directs: Corostar Bathware LLP, Magnum Ceramics Private Limited, Jai Ganesh Vitrified Private Limited and 1 more | Director | 08 Dec 2009 | 16 Years 10 Months | Current |
Peer comparison
Corona Vitrified Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Salix Ceramic Private Limited | ₹21.02 Cr (FY 2025) | -39.0% | Pipli, Gujarat, India | |||
| Acute Ceramic Private Limited | ₹20.82 Cr (FY 2025) | -19.0% | Rangpar, Gujarat, India | |||
| Greta Bathware Private Limited | ₹20.78 Cr (FY 2025) | -7.0% | Morbi, Gujarat, India | |||
| Corona Vitrified Private Limitedthis company | ₹20.51 Cr (FY 2024) | -₹4.52 Cr | -22.1% | 31.0% | 3 | Rafaleshwar, Gujarat, India |
| Hitco Ceramics (India) Private Limited | ₹20.32 Cr (FY 2025) | -23.0% | Ghuntu, Gujarat, India | |||
| Orbit Ceratiles Private Limited | ₹20.25 Cr (FY 2025) | 36.0% | Morbi, Gujarat, India |
To see the full peer comparison of Corona Vitrified Private Limited, buy the company report.
Auditor
Corona Vitrified Private Limited is audited by V N Sitapara & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N Sitapara & Associates | FY 2023 | 123575W |
Shareholding
The shareholding of Corona Vitrified Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Corona Vitrified Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.94 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2010 | 10211693 | State Bank of India | ₹8.94 Cr | Open |
To see the full charge records of Corona Vitrified Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Corona Vitrified Private Limited has 10 court cases on record: 2 filed by Corona Vitrified, 8 filed against it. 5 cases are pending and 5 are disposed.
Total cases
10
Filed by the company
2
Filed against the company
8
Pending
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 5 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Court case (EXE R) | Filed against the company by Narayan Tools LLP - Gautamkumar Maganlal Varmora | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Colorobbia Chemicals India Pvt. Ltd. | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed against the company by Paschim Gujarat Vij Co. Ltd - Exe Engineer | Pending |
| District court, MORBI, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Corona Vitrified Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Corona Vitrified Private Limited was last rated by Icra on 22 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Sep 2021 |
To see the full credit ratings and regulatory alerts of Corona Vitrified Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Corona Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Corona Vitrified Private Limited has a workforce of 3 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
GST
Corona Vitrified has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC8065H1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Corona Vitrified Private Limited, buy the company report.
Recent activity
Corona Vitrified Private Limited has 8 board changes on record since 2009: 5 appointments and 3 cessations. The latest: Sunandaben Manshukhlal Ughareja ceased to be Director on 20 Dec 2024.
Ceased
Sunandaben Manshukhlal Ughareja ceased to be Director.
AGM
Corona Vitrified Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Corona Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 8.94 Cr registered on 26 Feb 2010 with Charge ID 10211693 was modified on 05 Sep 2022.
Ceased
Shivali Punitbhai Ughreja ceased to be Director.
Ceased
Hiren Dhirajlal Ughreja ceased to be Director.
Appointed
Hiren Dhirajlal Ughreja was appointed as Director.
Appointed
Shivali Punitbhai Ughreja was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 8.94 Cr with Charge ID 10211693 was registered on 26 Feb 2010.
Appointed
Mansukh Khodabhai Ughareja was appointed as Director.
Appointed
Punit Mansukhbhai Ughreja was appointed as Director.
Appointed
Sunandaben Manshukhlal Ughareja was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Corona Vitrified is an active private limited company based in Rafaleshwar, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 08 December 2009 (17+ years old) and is registered under CIN U26933GJ2009PTC058802.
Corona Vitrified has 2 current directors:
- Punit Mansukhbhai Ughreja - Director
- Mansukh Khodabhai Ughareja - Director
The latest financial statements of Corona Vitrified on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Corona Vitrified is 24AADCC8065H1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Corona Vitrified is U26933GJ2009PTC058802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corona Vitrified has 10 court cases on record: 2 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.
Corona Vitrified was incorporated on 08 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Corona Vitrified by revenue are Salix Ceramic Private Limited, Acute Ceramic Private Limited, Greta Bathware Private Limited, Hitco Ceramics (India) Private Limited, Orbit Ceratiles Private Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sunandaben Manshukhlal Ughareja ceased to be Director on 20 Dec 2024. Shivali Punitbhai Ughreja ceased to be Director on 09 Jun 2021. Hiren Dhirajlal Ughreja ceased to be Director on 22 Feb 2019. Corona Vitrified has 8 board changes on record in total.
Yes, Corona Vitrified is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0008606).
Corona Vitrified can be reached through the website coronavitrified.com. Its registered office is in Rafaleshwar, Gujarat, India.