MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000087
Sez Vitrified Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹101.74 Cr
▲ 112% YoY
Net profit · FY 2024
₹22.25 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹6.59 Cr
EBITDA margin 6.5%
Authorised capital
₹27.5 Cr
Registered with MCA
Paid-up capital
₹23.25 Cr
Issued & subscribed
Open charges
₹27.28 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
20
Provident fund records
About Sez Vitrified Private Limited
Data last updated:
Sez Vitrified 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 03 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2015PTC084040. Its GSTIN is 24AAWCS0462K1ZX (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹27.5 Cr and a paid-up capital of ₹23.25 Cr. It is led by directors including Nilesh Limbabhai Patel and Ronakkumar Dineshkumar Jethloja.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 327 Rangpar Pipli Road Opp. Somnath Petrol Pump Bela Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2024, the company reported a revenue of ₹101.74 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹22.25 Lakh (net margin 0.2%) and EBITDA of ₹6.59 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 16% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sez Vitrified. As per MCA filings, the company has open charges of ₹27.28 Cr on record. Court records list 35 cases involving the company, including 28 filed by the company and 7 filed against it; 16 cases are pending. The company has 10 deals on record (7 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹9.24 Cr; the latest was in August 2024.
Sez Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000087). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sezvitrified.com.
Company details
CIN U26933GJ2015PTC084040
Registration Number 084040
Incorporation Date 03 August 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000087
Key People
Nilesh Limbabhai Patel Director Ronakkumar Dineshkumar Jethloja Director Ashok Maganlal Adroja Director Recognitions & Rankings of Sez Vitrified
Contact details
Sez Vitrified Private Limited's registered office is in Morbi, Gujarat. Its website is sezvitrified.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 327 Rangpar Pipli Road Opp. Somnath Petrol Pump Bela Morbi, Gujarat, India – 363641
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Sez Vitrified Private Limited, buy the company report.
Comprehensive company report
Sez 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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Brands
Sez Vitrified operates one associated brand: Sez Vitrified. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of vitrified tiles with emphasis on quality and innovation in the building materials sector. | sezvitrified.com |
Business activity
The main business activity of Sez 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 Sez Vitrified Private Limited, buy the company report.
Financials of Sez Vitrified Private Limited
FY 2025 filings availableSez Vitrified Private Limited reported revenue of ₹101.74 Cr (up 112% YoY) for FY 2024.
Revenue · FY 2024
₹101.74 Cr ▲ 112%
Net profit · FY 2024
₹22.25 Lakh margin 0.2%
EBITDA · FY 2024
₹6.59 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 112%
3 years · compounded
▲ 13%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▼ 11%
5 years · compounded
▼ 6%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 112% growth in the latest year. EBITDA rose 26% 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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| EBITDA | ₹6.59 Cr | ||||
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| Net Profit (PAT) | ₹22.25 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sez Vitrified Private Limited, buy the company report.
Board of directors of Sez Vitrified Private Limited
Sez Vitrified has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Limbabhai Patel | Director | 03 Aug 2015 | 11 Years 2 Months | Current |
| Ronakkumar Dineshkumar Jethloja Also directs: Himalay Frame LLP | Director | 21 Jul 2017 | 9 Years 3 Months | Current |
| Ashok Maganlal Adroja | Director | 05 Jan 2024 | 2 Years 9 Months | Current |
| Pankaj Vallabhbhai Vadhadiya Also directs: Range Ceramic Private Limited, Range Exports Private Limited | Director | 05 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Sez Vitrified Private Limited is audited by B. B. KALARIA AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. B. KALARIA AND COMPANY | FY 2023 | 127220W |
Shareholding
The shareholding of Sez 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 Sez Vitrified Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.28 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2016 | 100027797 | Others | ₹27.28 Cr | Open |
To see the full charge records of Sez Vitrified Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Sez Vitrified Private Limited has 10 deals on record (7 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹9.24 Cr; the latest was in August 2024.
Total deals
10
Secondary share transfers
7
Funding rounds
2
Rights issue
1
Disclosed funding
₹9.24 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Apr 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2024 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Jan 2024 | Funding round | ₹5.5 Cr | Investors: Range Ceramic Private Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Sez Vitrified Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sez Vitrified Private Limited has 35 court cases on record: 28 filed by Sez Vitrified, 7 filed against it. 16 cases are pending and 19 are disposed.
Total cases
35
Filed by the company
28
Filed against the company
7
Pending
16
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 2 | 10 |
| High courts | 8 | 4 | 5 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed against the company by M/S Radhe Renewable Energy Development Pvt. Ltd. Through Its Managing Director Factory and Office at Plot No. 2621/22, Gate No. 1, Road D/2, Lodhika Gidc, Kalawad Road, P.O. Metoda, Talyka-Lodhika , District: Rajkot ,Rajkot , Gujarat | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Indian Council of Ceramic Tiles and Sanitaryware and 174 others | Disposed |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Sealand International Merchants Pvt. Ltd. and 2 others | Disposed |
| High Court of Gujarat | Court case (SCR.A) | Filed against the company | Pending |
| District court, MORBI, Gujarat | Court case (CR A) | Filed against the company by an individual | Pending |
To see the full case history of Sez 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sez Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sez Vitrified Private Limited has a workforce of 20 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
GST
Sez Vitrified has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAWCS0462K1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sez Vitrified Private Limited, buy the company report.
Recent activity
Sez Vitrified Private Limited has 16 board changes on record since 2015: 10 appointments and 6 cessations. The latest: Dinesh Chandulal Patel ceased to be Director on 05 Jul 2024.
Charges
A charge with Others of Rs. 27.28 Cr registered on 03 May 2016 with Charge ID 100027797 was modified on 01 Nov 2025.
AGM
Sez Vitrified Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Sez Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Dinesh Chandulal Patel ceased to be Director.
Ceased
Narayan Limbabhai Savsani ceased to be Director.
Ceased
Parth Manilal Gadara ceased to be Director.
Ceased
Vimalbhai Shantilal Halvadia ceased to be Director.
Appointed
Ashok Maganlal Adroja was appointed as Director.
Ceased
Bharat Maganbhai Savsani ceased to be Director.
Appointed
Pankaj Vallabhbhai Vadhadiya was appointed as Director.
Ceased
Mikulkumar Savasani ceased to be Director.
Appointed
Parth Manilal Gadara was appointed as Director.
9 earlier events are in the company report.
Frequently asked questions
Sez Vitrified 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 03 August 2015 (11+ years old) and is registered under CIN U26933GJ2015PTC084040.
Sez Vitrified has 4 current directors:
- Nilesh Limbabhai Patel - Director
- Ronakkumar Dineshkumar Jethloja - Director
- Ashok Maganlal Adroja - Director
- Pankaj Vallabhbhai Vadhadiya - Director
The latest financial statements of Sez Vitrified on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Sez Vitrified is 24AAWCS0462K1ZX, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sez Vitrified is U26933GJ2015PTC084040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sez Vitrified has 35 court cases on record: 28 filed by the company and 7 filed against it. 16 are pending. Most are in the district courts.
Sez Vitrified was incorporated on 03 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sez Vitrified has 10 deals on record (7 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹9.24 Cr; the latest was in August 2024.
Dinesh Chandulal Patel ceased to be Director on 05 Jul 2024. Narayan Limbabhai Savsani ceased to be Director on 05 Jul 2024. Parth Manilal Gadara ceased to be Director on 05 Jul 2024. Sez Vitrified has 16 board changes on record in total.
Yes, Sez Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000087).