Varmora Granito Share Price

Varmora Granito Limited was originally incorporated as 'Varmora Granito Private Limited' dated November 18, 2003, at the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. The name of Company was changed to 'Varmora Granito Limited' and a fresh certificate of Incorporation was issued on May 14, 2025, by the Registrar of Companies, Gujarat at Ahmedabad. The Company offer a diverse range of products comprising high-quality, durable and aesthetic tiles, including glazed vitrified tiles, polished vitrified tiles and ceramic tiles. It sell products through a multi-channel distribution network comprising business-to-consumer retail channels, which include 286 exclusive brand outlets and over 2,000 multi brand outlets, and business-to-business channels including builders, contractors, developers and government empanelment. The Company Introduced vitrified tiles in 2004, launched digitally printed wall tiles in 2010, it commenced production of double charge tiles in 2012, launched sanitaryware business in 2014, introduced high gloss and rocker in 2017 and kitchen slabs (80x260) in 2020. It established 2 greenfield plants in Morbi in FY 2024. In addition to product innovation and premiumization, Company has established a deep retail distribution footprint, particularly in India. It also launched marble-like products across four surfaces in FY25. Company is planning to raise Rs 400 Crore equity shares via fresh issue through IPO by issuing 52,435,268 equity shares of face value of Rs 2 each through offer for sale.