MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000072
Solizo Vitrified Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹87.65 Cr
▼ 33% YoY
Net loss · FY 2025
₹2.08 Cr
Net margin -2.4%
EBITDA · FY 2025
₹7.4 Cr
EBITDA margin 8.4%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹19.1 Cr
Issued & subscribed
Open charges
₹49.61 Cr
Satisfied ₹25 Lakh
Company age
9 yrs
Est. 2017
Employees · EPFO
9
Provident fund records
About Solizo Vitrified Private Limited
Data last updated:
Solizo 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 16 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26999GJ2017PTC097336. Its GSTIN is 24AAYCS6609L1ZK (Gujarat).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.1 Cr. It is led by directors including Gautambhai Vasantbhai Kanjiya and Nishant Amrutlal Ashar.
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 Morbi, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.65 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹2.08 Cr (net margin -2.4%) and EBITDA of ₹7.4 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: 4 Tile. As per MCA filings, the company has open charges of ₹49.61 Cr and satisfied charges of ₹25 Lakh on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 4 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in June 2018. Its 4 peer companies 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) are compared by revenue, 2 larger and 2 smaller; the largest is Skajen Vitrified Private Limited with revenue of ₹90.3 Cr.
Solizo Vitrified Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000072). 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 4tile.in.
Company details
CIN U26999GJ2017PTC097336
Registration Number 097336
Incorporation Date 16 May 2017
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 Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000072
Key People
Gautambhai Vasantbhai Kanjiya Director Nishant Amrutlal Ashar Director Sagar Jitendrabhai Moradiya Director Recognitions & Rankings of Solizo Vitrified
Contact details
Solizo Vitrified Private Limited's registered office is in Morbi, Gujarat. Its website is 4tile.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 283/1P – 118 & 283/1P26/P2 Nr. Amardham Temple Matel Road Tal: Wa, Nkaner, Morbi, Gujarat, India – 363621
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Solizo Vitrified Private Limited, buy the company report.
Comprehensive company report
Solizo 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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Business activity
The main business activity of Solizo 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 Solizo Vitrified Private Limited, buy the company report.
Financials of Solizo Vitrified Private Limited
FY 2025 filings availableSolizo Vitrified Private Limited reported revenue of ₹87.65 Cr (down 33% YoY) for FY 2025.
Revenue · FY 2025
₹87.65 Cr ▼ 33%
Net loss · FY 2025
₹2.08 Cr margin -2.4%
EBITDA · FY 2025
₹7.4 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 7%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 11%
5 years · compounded
▲ 1%
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 42% 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 |
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| Total Expenses | |||||
| EBITDA | ₹7.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.08 Cr | ||||
| Balance Sheet | |||||
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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 | 8.4% | ||||
| Net Profit Margin | -2.4% | ||||
| 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 Solizo Vitrified Private Limited, buy the company report.
Board of directors of Solizo Vitrified Private Limited
Solizo Vitrified has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautambhai Vasantbhai Kanjiya Also directs: Small Luxetile Private Limited | Director | 16 May 2017 | 9 Years 5 Months | Current |
| Nishant Amrutlal Ashar Also directs: Nishant International Private Limited | Director | 16 May 2017 | 9 Years 5 Months | Current |
| Sagar Jitendrabhai Moradiya Also directs: Shwet Industries LLP, Sanskar Granito Private Limited | Director | 16 May 2017 | 9 Years 5 Months | Current |
| Dipakkumar Virjibhai Moradiya Also directs: Arcilla Ceramics Private Limited, Imperus Ceramic Private Limited | Director | 16 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Solizo Vitrified Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Skajen Vitrified Private Limited | ₹90.3 Cr (FY 2025) | -3.0% | Haripar, Gujarat, India | |||
| Sunshine Vitrious Tiles Private Limited | ₹88.04 Cr (FY 2025) | -39.0% | Wankaner, Gujarat, India | |||
| Solizo Vitrified Private Limitedthis company | ₹87.65 Cr (FY 2025) | -₹2.08 Cr | -2.4% | -33.0% | 9 | Morbi, Gujarat, India |
| Sarju Vitrified Private Limited | ₹87.13 Cr (FY 2025) | -1.0% | Morbi, Gujarat, India | |||
| Color Tiles Private Limited | ₹86.08 Cr (FY 2025) | -34.0% | Wankaner, Gujarat, India |
To see the full peer comparison of Solizo Vitrified Private Limited, buy the company report.
Auditor
Solizo Vitrified Private Limited is audited by A K M K & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K M K & ASSOCIATES | FY 2023 | 136206W |
Shareholding
The shareholding of Solizo Vitrified Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solizo Vitrified Private Limited, buy the company report.
Charges & borrowings
Open charges
₹49.61 Cr
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2021 | 100416302 | Others | ₹30 Lakh | Open | |
| 02 Jan 2018 | 100151508 | Indian Bank | ₹49.31 Cr | Open | |
| 17 May 2021 | 100448776 | Hdfc Bank Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Solizo Vitrified Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Solizo Vitrified Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in June 2018.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹10 Cr
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Rights issue | ₹9.96 Cr | Investors: 4 individuals |
To see the full deal history of Solizo 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
Solizo Vitrified Private Limited has 9 court cases on record: 4 filed by Solizo Vitrified, 5 filed against it. 4 cases are pending and 5 are disposed.
Total cases
9
Filed by the company
4
Filed against the company
5
Pending
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 4 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, MORBI, Gujarat | Criminal complaint | Filed by the company against Jayesh Agravat - Prop. of Oman Corporation | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S. Vardhani Enterprise HUF, Shri Bhushan Omprakash Vaedhani | Disposed |
To see the full case history of Solizo 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
Solizo Vitrified Private Limited was last rated by Care on 31 Jul 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Jul 2023 |
To see the full credit ratings and regulatory alerts of Solizo Vitrified Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solizo Vitrified Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solizo Vitrified Private Limited has a workforce of 9 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
-10%
GST
Solizo Vitrified has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYCS6609L1ZK | Gujarat | Active | 11 Jul 2017 |
To see the full GST registrations and return filing status of Solizo Vitrified Private Limited, buy the company report.
Recent activity
Solizo Vitrified Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Dipakkumar Virjibhai Moradiya was appointed as Director on 16 May 2017.
AGM
Solizo Vitrified Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solizo Vitrified Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Indian Bank of Rs. 49.31 Cr registered on 02 Jan 2018 with Charge ID 100151508 was modified on 19 Feb 2025.
Charges
A charge registered on 17 May 2021 via Charge ID 100448776 with Hdfc Bank Limited was fully satisfied on 07 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100448776 was registered on 17 May 2021.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100416302 was registered on 06 Feb 2021.
Charges
A charge with Indian Bank amounted to Rs. 49.31 Cr with Charge ID 100151508 was registered on 02 Jan 2018.
Appointed
Dipakkumar Virjibhai Moradiya was appointed as Director.
Appointed
Gautambhai Vasantbhai Kanjiya was appointed as Director.
Appointed
Nishant Amrutlal Ashar was appointed as Director.
Appointed
Sagar Jitendrabhai Moradiya was appointed as Director.
Incorporation
16 May 2017
Solizo Vitrified Private Limited was registered on 16 May 2017 with Roc Ahmedabad & aged 9 years 5 months as per MCA records.
Frequently asked questions
Solizo 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 16 May 2017 (9+ years old) and is registered under CIN U26999GJ2017PTC097336.
Solizo Vitrified has 4 current directors:
- Gautambhai Vasantbhai Kanjiya - Director
- Nishant Amrutlal Ashar - Director
- Sagar Jitendrabhai Moradiya - Director
- Dipakkumar Virjibhai Moradiya - Director
The latest financial statements of Solizo Vitrified 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 FY 2018 are in the company report.
The GSTIN of Solizo Vitrified is 24AAYCS6609L1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Solizo Vitrified is U26999GJ2017PTC097336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solizo Vitrified has 9 court cases on record: 4 filed by the company and 5 filed against it. 4 are pending.
Solizo Vitrified was incorporated on 16 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Solizo Vitrified has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in June 2018.
The peers of Solizo Vitrified by revenue are Skajen Vitrified Private Limited, Sunshine Vitrious Tiles Private Limited, Sarju Vitrified Private Limited, Color Tiles 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).
Dipakkumar Virjibhai Moradiya was appointed as Director on 16 May 2017. Gautambhai Vasantbhai Kanjiya was appointed as Director on 16 May 2017. Nishant Amrutlal Ashar was appointed as Director on 16 May 2017. Solizo Vitrified has 4 board changes on record in total.
Yes, Solizo Vitrified is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000072).