MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0005664
Seron Granito Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹190.17 Cr
▲ 72% YoY
Net profit · FY 2025
₹2.8 Cr
Net margin 1.5%
EBITDA · FY 2025
₹11.13 Cr
EBITDA margin 5.9%
Authorised capital
₹22.5 Cr
Registered with MCA
Paid-up capital
₹22.5 Cr
Issued & subscribed
Open charges
₹49.46 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
13
Provident fund records
About Seron Granito Private Limited
Data last updated:
Seron Granito Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 16 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26999GJ2016PTC093380. Its GSTIN is 24AAXCS4971N1ZC (Gujarat).
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹22.5 Cr. It is led by directors including Nisarg Dinesh Patel and Parth Damjibhai Patel.
Its last annual general meeting (AGM) was held on 31 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S.No.228/1P2 Morbi – Halvad Highway Tal. & Dist. Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹190.17 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹2.8 Cr (net margin 1.5%) and EBITDA of ₹11.13 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Seron Granito. As per MCA filings, the company has open charges of ₹49.46 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in August 2021. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 459 overdue payments to 41 micro and small suppliers.
Seron Granito Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0005664). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website serongranito.com.
Company details
CIN U26999GJ2016PTC093380
Registration Number 093380
Incorporation Date 16 August 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0005664
Key People
Nisarg Dinesh Patel Director Parth Damjibhai Patel Director Ravi Rugnathbhai Patel Director Recognitions & Rankings of Seron Granito
Contact details
Seron Granito Private Limited's registered office is in Morbi, Gujarat. Its website is serongranito.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS.No.228/1P2 Morbi – Halvad Highway Tal. & Dist. Morbi, Gujarat, India – 363642
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Seron Granito Private Limited, buy the company report.
Comprehensive company report
Seron Granito 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
Seron Granito operates one associated brand: Seron Granito. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and produces various ceramic tiles, including GVT and full body types, for worldwide distribution. | serongranito.com |
Business activity
The main business activity of Seron Granito 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 Seron Granito Private Limited, buy the company report.
Financials of Seron Granito Private Limited
FY 2025 filings availableSeron Granito Private Limited reported revenue of ₹190.17 Cr (up 72% YoY) for FY 2025.
Revenue · FY 2025
₹190.17 Cr ▲ 72%
Net profit · FY 2025
₹2.8 Cr margin 1.5%
EBITDA · FY 2025
₹11.13 Cr margin 5.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 72%
3 years · compounded
▲ 16%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 5%
5 years · compounded
▼ 6%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 72% growth in the latest year. EBITDA fell 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.8 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Seron Granito Private Limited, buy the company report.
Board of directors of Seron Granito Private Limited
Seron Granito has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisarg Dinesh Patel Also directs: Simon Granito LLP | Director | 24 Sep 2020 | 6 Years 1 Months | Current |
| Parth Damjibhai Patel Also directs: Simon Granito LLP | Director | 24 Sep 2020 | 6 Years 1 Months | Current |
| Ravi Rugnathbhai Patel Also directs: Simon Granito LLP, Seron Ceramics Private Limited | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
| Harshil Ambarambhai Patel Also directs: Simon Granito LLP, Seron Ceramics Private Limited | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Seron Granito 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 Seron Granito 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 Seron Granito Private Limited, buy the company report.
Charges & borrowings
Open charges
₹49.46 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2017 | 100128258 | State Bank of India | ₹49.46 Cr | Open |
To see the full charge records of Seron Granito Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Seron Granito Private Limited has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in August 2021.
Total deals
5
Secondary share transfers
3
Rights issues
2
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2017 | Rights issue | ₹20.04 Cr | Investors: 4 individuals |
| Nov 2016 | Rights issue | ₹2.45 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Seron Granito Private Limited has 3 court cases on record: 1 filed by Seron Granito, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by M/S Levita Granito LLP and 161 others | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, MORBI, Gujarat | Court case (SPCS) | Filed by the company against Jay Bhole Traders Partner Avnishbhai | Disposed |
To see the full case history of Seron Granito 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
Seron Granito Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 459 overdue payments to 41 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Urban Die and Mould | |||
| Sona Packaging -Morbi | |||
| Virat Packaging Virpar | |||
| an individual supplier |
To see the full MSME payment records of Seron Granito Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Seron Granito Private Limited has a workforce of 13 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
GST
Seron Granito has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCS4971N1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seron Granito Private Limited, buy the company report.
Recent activity
Seron Granito Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Haresh Maganbhai Dhamasana ceased to be Director on 15 Sep 2021.
AGM
Seron Granito Private Limited last Annual general meeting of members was held on 31 Aug 2025 as per latest MCA records.
Filing
Seron Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 49.46 Cr registered on 20 Sep 2017 with Charge ID 100128258 was modified on 26 Mar 2025.
Ceased
Haresh Maganbhai Dhamasana ceased to be Director.
Ceased
Disha Vishal Shah ceased to be Company Secretary.
Appointed
Nisarg Dinesh Patel was appointed as Director.
Appointed
Parth Damjibhai Patel was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 49.46 Cr with Charge ID 100128258 was registered on 20 Sep 2017.
Appointed
Harshil Ambarambhai Patel was appointed as Director.
Appointed
Ravi Rugnathbhai Patel was appointed as Director.
Incorporation
16 Aug 2016
Seron Granito Private Limited was registered on 16 Aug 2016 with Roc Ahmedabad & aged 10 years 2 months as per MCA records.
Frequently asked questions
Seron Granito is an active private limited company based in Morbi, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 16 August 2016 (10+ years old) and is registered under CIN U26999GJ2016PTC093380.
Seron Granito has 4 current directors:
- Nisarg Dinesh Patel - Director
- Parth Damjibhai Patel - Director
- Ravi Rugnathbhai Patel - Director
- Harshil Ambarambhai Patel - Director
The latest financial statements of Seron Granito on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 August 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Seron Granito is 24AAXCS4971N1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Seron Granito is U26999GJ2016PTC093380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seron Granito has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Seron Granito was incorporated on 16 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Seron Granito has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in August 2021.
Haresh Maganbhai Dhamasana ceased to be Director on 15 Sep 2021. Disha Vishal Shah ceased to be Company Secretary on 30 Jun 2021. Nisarg Dinesh Patel was appointed as Director on 24 Sep 2020. Seron Granito has 6 board changes on record in total.
Yes, Seron Granito is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0005664).
Seron Granito has 2 MSME Form 1 returns on record between 2018 and 2019, listing 459 overdue payments to 41 micro and small suppliers. The latest return was filed on 01 Jun 2019.