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 highquality, durable and aesthetic tiles, including glazed vitrified tiles, polished vitrified tiles and ceramic tiles. It sell products through a multichannel distribution network comprising businesstoconsumer retail channels, which include 286 exclusive brand outlets and over 2,000 multi brand outlets, and businesstobusiness 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 launched marble products across four surfaces in FY25.The Company issued 47,839,255 equity shares having the face value of Rs 2 each aggregating to Rs 708 crore by way of IPO. The IPO comprise a fresh issue of 21,621,621 equity shares amounting to Rs 320 crore and the offer for sale of 26,217,634 equity shares amounting to Rs 388 crore on September 24, 2026. The Company acquired the business of Allemby Ceramics Pvt Ltd in FY 2026. .