Italica Granito Private Limited - Company Profile

It is a manufacturing private limited company based in Morbi, Gujarat, India, established in 2016.
2016 Morbi, Gujarat, India Active
Last Updated:
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About Italica Granito Private Limited

Italica Granito Private Limited, a active private limited company, was established on 28 June 2016 in Morbi, Gujarat, India. Engaging in sanitaryware & tile within the manufacturing sector, it holds CIN: U26990GJ2016PTC092705. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹56.00 Cr and a paid-up capital of ₹39.30 Cr.

Formerly known as Ikaa Granito Private Limited. It upholds a compliant status. Employing 16 professional, Its leadership includes Mehul Laxmanbhai Koringa (Director), Manish Nanjibhai Vasnani (Director), Shyam Shaileshbhai Vasnani (Director). Past directors included Pratik Ashokbhai Patel, Manojkumar Virjibhai Kakasaniya, Bhargav C Kavar. It holds ₹163.54 Cr open charges and ₹49.50 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Survey No. 164, At. Lakaddhar, Matel Road 8 A National Highway, Tal. Wankaner, Morbi, Gujarat, 363621.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U26990GJ2016PTC092705

  • Registration Number

    092705

  • Incorporation Date

    28 June 2016

  • Authorized Capital

    ₹56.00 Cr

  • Paid-Up Capital

    ₹39.30 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 56.00 Cr
  • Paid Up Capital ₹ 39.30 Cr
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 163.54 Cr
  • Satisfied Charges ₹ 49.50 Cr
  • Revenue Growth **** 33.58%
  • Profit Growth **** 0.25%
  • Ebitda **** 31.22%
  • Net Worth 25.51%
  • Total Assets **** 7.98%
Company report

Italica Granito Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Italica Granito Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Italica Granito Private Limited?
Current Directors
Name Designation Appointment Date Status
Mehul Laxmanbhai Koringa Director 16 Oct 2024 Current
Manish Nanjibhai Vasnani Director 28 Jun 2016 Current
Shyam Shaileshbhai Vasnani Director 16 Oct 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 13 Dec 2024 Past
Pramod Abcsdd Director 13 Dec 2024 Past

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Financial Performance of Italica Granito.

Italica Granito Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 33.58% increase. The company also saw a slight improvement in profitability, with a 0.25% increase in profit. The company's net worth Soared by an impressive increase of 25.51%.

Italica Granito revenue growth over time
Italica Granito profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 33.58%
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Revenue from Operations
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 36.48%
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*******
*******
Total Assets
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 7.98%
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*******
*******
*******
Profit or Loss
*******
 0.25%
*******
*******
*******
*******
Net Worth
*******
 25.51%
*******
*******
*******
*******
EBITDA
*******
 31.22%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Italica Granito?

In 2024, Italica Granito had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,635,400,000.00

Satisfied Charges

₹495,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 116.90 Cr
  • Others : 46.64 Cr
Latest Charge Details
Date Lender Amount Status
30 Dec 2022 Others ₹46.64 Cr Open
05 Jul 2021 Hdfc Bank Limited ₹116.90 Cr Open
13 Jan 2017 Others ₹49.50 Cr Satisfied

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How Many Employees Work at Italica Granito?

Italica Granito has a workforce of 16 employees as of Sep 25, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Italica Granito, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Italica Granito's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Italica Granito
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Italica Granito Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 116.90 Cr registered on 05 Jul 2021 with Charge ID 100462786 was modified on 29 Jul 2025. was recorded as a recent event.

  • Director Appointment

    The activity Renu Kabra was appointed as a Company Secretary was appointed as a Company Secretary on 23 May 2025 & has been associated with this company since 9 months 19 days . was completed.

  • Balance Sheet

    Progress on Italica Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Director Appointment

    Mehul Laxmanbhai Koringa was appointed as a Director was appointed as a Director on 16 Oct 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.

  • Director Appointment

    The activity Shyam Shaileshbhai Vasnani was appointed as a Director was appointed as a Director on 16 Oct 2024 & has been associated with this company since 1 year 4 months . was completed.

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Frequently Asked Questions
What is the CIN of Italica Granito Private Limited?

The CIN of Italica Granito Private Limited is U26990GJ2016PTC092705.

Where is Italica Granito Private Limited headquartered?

Italica Granito Private Limited is headquartered at Survey No. 164, At. Lakaddhar, Matel Road 8 A National Highway, Tal. Wankaner, Morbi, Gujarat, 363621.

When was Italica Granito Private Limited incorporated?

Italica Granito Private Limited was incorporated on 28 June 2016.

Who are the current directors of Italica Granito Private Limited?

The current directors of Italica Granito Private Limited are

What is the primary industry of Italica Granito Private Limited?

The primary industry of Italica Granito Private Limited is Manufacturing.

Is Italica Granito Private Limited a listed company?

Italica Granito Private Limited is unlisted.

What is the capital structure of Italica Granito Private Limited?

The authorized capital of Italica Granito Private Limited is ₹56.00 Cr, and the paid-up capital is ₹39.30 Cr.

What is the compliance status of Italica Granito Private Limited?

The compliance status of Italica Granito Private Limited is Compliant.

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