MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0002285
Mark Glaze Tiles Private Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹45.23 Lakh
▼ 85% YoY
Net loss · FY 2024
₹1.47 Cr
Net margin -324.8%
EBITDA · FY 2024
-₹1.23 Cr
EBITDA margin -271.6%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹4.27 Cr
Satisfied ₹7.73 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
20
Provident fund records
About Mark Glaze Tiles Private Limited
Data last updated:
Mark Glaze Tiles Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the ceramics, sanitaryware and tile segment of the manufacturing sector. It was incorporated on 21 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2003PTC043083. Its GSTIN is 24AADCM6526B1ZW (Gujarat).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Balubhai Dayabhai Moradiya and Rajeshkumar Shamjibhai Makasana.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Old Ghuntu Road At Ghutnu Morbi, Rajkot, Gujarat, India – 363642.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.23 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.47 Cr (net margin -324.8%) and EBITDA of -₹1.23 Cr (EBITDA margin -271.6%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 49% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mark Glaze Tiles. As per MCA filings, the company has open charges of ₹4.27 Cr and satisfied charges of ₹7.73 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it.
Mark Glaze Tiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002285). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solivatiles.com.
Company details
CIN U26933GJ2003PTC043083
Registration Number 043083
Incorporation Date 21 October 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0002285
Recognitions & Rankings of Mark Glaze Tiles
Contact details
Mark Glaze Tiles Private Limited's registered office is in Rajkot, Gujarat. Its website is solivatiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOld Ghuntu Road At Ghutnu Morbi, Rajkot, Gujarat, India – 363642
- IndustryManufacturing, Ceramics, Sanitaryware & Tile
To see the full contact details of Mark Glaze Tiles Private Limited, buy the company report.
Comprehensive company report
Mark Glaze Tiles 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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Brands
Mark Glaze Tiles operates one associated brand: Mark Glaze Tiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality digital wall tiles and stone products for construction and decoration. | solivatiles.com |
Business activity
The main business activity of Mark Glaze Tiles 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 Mark Glaze Tiles Private Limited, buy the company report.
Financials of Mark Glaze Tiles Private Limited
FY 2025 filings availableMark Glaze Tiles Private Limited reported revenue of ₹45.23 Lakh (down 85% YoY) for FY 2024.
Revenue · FY 2024
₹45.23 Lakh ▼ 85%
Net loss · FY 2024
₹1.47 Cr margin -324.8%
EBITDA · FY 2024
-₹1.23 Cr margin -271.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 69%
5 years · compounded
▼ 49%
EBITDA CAGR growth
1 year
▼ 489%
3 years · compounded
▼ 53%
5 years · compounded
▼ 30%
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 85% fall in the latest year. EBITDA fell 489% 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 | -₹1.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.47 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 | -271.6% | ||||
| Net Profit Margin | -324.8% | ||||
| 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 Mark Glaze Tiles Private Limited, buy the company report.
Board of directors of Mark Glaze Tiles Private Limited
Mark Glaze Tiles has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balubhai Dayabhai Moradiya | Director | 30 Apr 2009 | 17 Years 6 Months | Current |
| Rajeshkumar Shamjibhai Makasana | Director | 11 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Mark Glaze Tiles Private Limited is audited by K. R. MEHTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. R. MEHTA & ASSOCIATES | FY 2023 | 143370W |
Shareholding
The shareholding of Mark Glaze Tiles 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 Mark Glaze Tiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.27 Cr
Satisfied charges
₹7.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2024 | 100938234 | Hdfc Bank Limited | ₹1.6 Lakh | Open | |
| 29 May 2024 | 100934209 | Canara Bank | ₹4.25 Cr | Open | |
| 16 Jan 2013 | 10398226 | Hdfc Bank Limited | ₹4.01 Cr | Satisfied | |
| 04 Mar 2004 | 80039202 | State Bank of India | ₹3.72 Cr | Satisfied |
To see the full charge records of Mark Glaze Tiles Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Mark Glaze Tiles Private Limited has 10 court cases on record: 4 filed by Mark Glaze Tiles, 6 filed against it. All cases are disposed.
Total cases
10
Filed by the company
4
Filed against the company
6
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 6 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Commercial matter | Filed against the company by Kami Colourcera Pvt Ltd Director Chirag Laljibhai Sagpariya | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Chirag Laljibhai Sagpariya Director of Kami Colourcera Pvt Ltd C.A.-4,00,000 | Disposed |
| District court, MORBI, Gujarat | Commercial matter | Filed against the company by Chiragbhai Laljibhai Sagpariya Director of Kaami Coloursera Pvt. Ltd. | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Deputy/Assistant Commissioner of Income Tax, Circle 1(1) | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Mark Glaze Tiles 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mark Glaze Tiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mark Glaze Tiles Private Limited has a workforce of 20 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
GST
Mark Glaze Tiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM6526B1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mark Glaze Tiles Private Limited, buy the company report.
Recent activity
Mark Glaze Tiles Private Limited has 16 board changes on record since 2003: 9 appointments and 7 cessations. The latest: Dilipbhai Manjibhai Jetpariya ceased to be Director on 17 Jul 2019.
AGM
Mark Glaze Tiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mark Glaze Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.02 Cr with Charge ID 100938234 was registered on 20 Jun 2024.
Charges
A charge with Canara Bank amounted to Rs. 4.25 Cr with Charge ID 100934209 was registered on 29 May 2024.
Charges
A charge registered on 16 Jan 2013 via Charge ID 10398226 with Hdfc Bank Limited was fully satisfied on 24 Apr 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 4.01 Cr registered on 16 Jan 2013 with Charge ID 10398226 was modified on 22 Oct 2020.
Ceased
Dilipbhai Manjibhai Jetpariya ceased to be Director.
Ceased
Hareshbhai Ramjibhai Bhopaliya ceased to be Director.
Charges
A charge registered on 04 Mar 2004 via Charge ID 80039202 with State Bank Of India was fully satisfied on 23 Jan 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.01 Cr with Charge ID 10398226 was registered on 16 Jan 2013.
Ceased
Devkrushna Naranbhai Jetpariya ceased to be Director.
Appointed
Hareshbhai Ramjibhai Bhopaliya was appointed as Director.
15 earlier events are in the company report.
Frequently asked questions
Mark Glaze Tiles is an active private limited company based in Rajkot, Gujarat, India. The company works in ceramics, sanitaryware and tile, within the manufacturing industry. It was incorporated on 21 October 2003 (23+ years old) and is registered under CIN U26933GJ2003PTC043083.
Mark Glaze Tiles has 2 current directors:
- Balubhai Dayabhai Moradiya - Director
- Rajeshkumar Shamjibhai Makasana - Director
The latest financial statements of Mark Glaze Tiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mark Glaze Tiles is 24AADCM6526B1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Mark Glaze Tiles is U26933GJ2003PTC043083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mark Glaze Tiles has 10 court cases on record: 4 filed by the company and 6 filed against it. Most are in the district courts.
Mark Glaze Tiles was incorporated on 21 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dilipbhai Manjibhai Jetpariya ceased to be Director on 17 Jul 2019. Hareshbhai Ramjibhai Bhopaliya ceased to be Director on 17 Jul 2019. Devkrushna Naranbhai Jetpariya ceased to be Director on 11 Jan 2011. Mark Glaze Tiles has 16 board changes on record in total.
Yes, Mark Glaze Tiles is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0002285).
Mark Glaze Tiles can be reached through the website solivatiles.com. Its registered office is in Rajkot, Gujarat, India.
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