Company Profile

About Us : Company Profile

LORENZO VITRIFIED TILES PRIVATE LIMITED was founded on October 31, 2006, in accordance with the Companies Act of 1956. Its registered office is located at 8-A, National Highway, opposite Omkar Petroleum, PB No. 411, Lalpar, Morbi, 363642 (Gujarat), as are its factory and corporate offices. The primary product that the company manufactures is vitrified tile. Applications for the products include residential buildings, apartments and business complexes, airports, IT parks, hotels, restaurants, and hospitals, as well as all other commercial and housing developments and structure renovations. The company's products are categorized as building materials, meaning they have a direct or indirect relationship with the infrastructure and construction industries, two of our nation's highest priority sectors. The company has been manufacturing ceramic tiles for approximately ten years, during which time it has amassed extensive knowledge and experience in various ceramic tile markets.

Production Capacity and Products

The company can produce 25,000 square meters of tiles a day with its installed capacity, and it supplies all of India. Currently, about half of the installed capacity is being used. This means that the productive capacity that is still available can be used to continue supplying vitrified tiles as per customer specifications from both domestic and foreign sources. The company currently possesses the best technology available, along with cutting edge manufacturing and infrastructure facilities that match the company's productivity levels. Prominent businesses like Simpolo Vitrified Pvt. Ltd. and H&R Johnson (India) are among the company's client.

The product range details are:

Petalite Series      - Soluble Salt

Topicana Series   - Double Charge (Nano Technology)

Neptune Series   - Double Charge (Nano Technology)

Special Colour     - (Terracotta, Grey, Jaisalmer) Full Body

Mirror Series        - Nano Polishing

Dark Color            - (Grey, Black) Full Body

PGVT                      - HD Digital

(Sizes 600 x 600 mm), (800 x 800 mm), (1000 x 1000 mm), (1200 x 1200 mm) and (1200 x 1800 mm)

Available in Premium, Standard, Classic and Economy varieties

The capital structure details of the company are as under:

Authorized Capital
  13, 000,000 equity shares of

  Rs 10/- each                                  Rs 130,000,000

Issued, subscribed and Paid up

  42, 31,575 Equity shares of

  Rs 10/- each                                  Rs 423, 157, 50

Shareholding Pattern

Category	No. of shares	percentage
Directors	18, 88,200	44.62
Group Entity	6, 35,535	15.02
Relatives / Friends	17, 07,840	40.36
Total	42, 31,575	100%

Board of Directors

The Board of Directors of the company presently comprises three directors as given below:

1) Shri Mansukhlal Polabhai Koradiya, Director

Our company's promoter is 50-year-old Indian national Shri Mansukhlal Polabhai Koradiya. He holds a degree. He has approximately twenty-five years of extensive experience in the wall, floor, and vitrified tile segments of the ceramic industry. He has been a part of the business since its founding in 2006. Additionally, he has roughly ten years of experience working in the paper mill industry. As a Director, he oversees all aspects of the company's sales and marketing, finance, production, procurement of raw materials, and human resources. He is a vital member of the team.

2) Shri. Vasantbhai Haribhai Gajera, Director,

A resident Indian national, Shri. Vasantbhai Haribhai Gajera is 57 years old and serves as a director of the company. His studies ended at SSC. He has approximately eight years of rich experience in the ceramics industry and approximately thirty years of experience in the building and diamond and jewelry industries. He oversees the company's administrative and human resources duties, as well as the logistics of incoming and outgoing cargo.

3) Shri. Swintu Arvindbhai Mavani, Director,

Since 2006, the 32-year-old Indian national, Shri Swintu Arvindbhai Mavani, has served as a director of the company. He holds a graduate degree. He has eight years of experience in the diamond and building industries, in addition to roughly six years in the ceramics industry. He participates in sales and marketing initiatives for the business.

Management

Professional management has always been the Company's defining characteristic. The organization is known for employing people with the highest standards of professionalism and integrity who are also exceptionally talented and focused on performance. It is the foundation of the company's corporate culture and the focal point of all of its activities. We have an advantage over our rivals thanks to excellent teamwork and efficient coordination among the numerous agencies involved. We have direct monitoring and control over our operations and schedules thanks to extensive planning and the most recent management techniques.

Marketing Set up

The company has a strong marketing infrastructure across India. Through an established marketing and distribution network, the company serves the nation's wholesalers, dealers, and construction industry members who are spread across various regions.The company also makes direct sales to ultimate consumers / customers. With a network of Company depots, C & F Agents, Distributors, Dealers and Sub-Dealers spanned all over the country, the company possesses strong distribution channel so as to provide its customers with superior quality products and services coupled with prompt delivery and responses, both domestic and international customers. The company sells its brand product under the brand name Lorenzo which has wider acceptance all over India and Worldwide.

Industry Scenario

The ceramic tile industry currently has a value of Rs 12000 Cr. The company's location in Morbi's ceramic hub provides advantages in terms of infrastructure, manpower requirements, and raw material proximity. The company has a good chance of tripling its sales growth and turnover given the strong growth in the housing, infrastructure, and construction segments.

Future Plans

The company intends to reach a sales turnover of Rs 9856.65 Lacs by the end of 2018. There are currently 160 people working for the company. The SACMI group supports the company's use of Italian technology in the production of its goods. To reach the aforementioned turnover, the company intends to enhance its production capacity, modernize its technology, build a more dependable marketing setup, expand its authorized dealership and customer base, reach previously unexplored rural markets, invest in the development of innovative product concepts and design development for the launch of new products, develop and improve the infrastructure facilities and network of its marketing, sales distribution, and sales network, enhance and fortify its sales force, and upgrade the quality management system to ISO 9001-2015, among other things.
The business also suggests importing ceramic tiles from other countries in order to benefit from the future trend in the global market.

Technology

Technology Associates

1.   SACMI (Italy) - 5 LAYERS Vertical DRYER

2.   SACMI (Italy) - KILN (196 Mtrs)

3.   SACMI (Italy) - PRESS (6200)

4.   Techno Ferrari - HD Digital Printing Machine

5.   KEDA (China) - POLISING LINE

6.  Modena (China)- Kiln (247 Mtrs) One of the largest KILN

7.   SACMI (Italy)- Press 2Nos. (PH-5000)

8.   HLT (China)- Press (PH-5009)

9.   Modena (China) - Horizontal DRYER - 2Nos.

10.  KELID (China) - POLISING LINE

11.  NADE (China) - NANO MACHINE 2Nos.

With top-notch equipment and machinery like the Modena Kiln & Dryer, SACMI Dryer, SACMI Press (PH 6200, PH 5000), HLT Press, KEDA/KELID Polishing line, etc., the company is better able to produce large batches quickly and effectively.

Research & Development

The company keeps up its research and development efforts in the areas of product concept development, raw material utilization, adopting the "Made in India" concept for the company and for this the company's quest for best available technology for importation / collaboration, product quality improvement, local content and features, technology upgrading, and so on.

Quality Policy

The business has put in place a management system that complies with ISO 9001:2008 standards for the production and distribution of ceramic tiles. The company's quality policy is focused on providing its valued customers with high-quality products and timely services. In light of this, the business created an atmosphere where all staff members and departments continuously enhance their quality and customer consciousness while maintaining a proper customer focus and making an effort to surpass customers' expectations and satisfactions. As a result, the company's unwavering dedication to quality is evident.

Health, Safety, and Environment

The company is dedicated to achieving good environmental, health, and safety performance in connection with its operations, goods, and services. The company is constantly improving environmentally friendly procedures and taking action to manage resources efficiently, with an emphasis on energy, water, and basic raw materials. The HSE Management System is continuously monitored and reviewed on a regular basis. The company is dedicated to enhancing pollution control and works to create a secure and hygienic environment.

Manpower

The organization employs managers, technicians, and supervisors from a variety of fields. Additionally, it has an adequate number of skilled, semi-skilled, and unskilled workers, whose committed efforts and hard work give the business and the community it belongs to new life and growth. The company is dedicated to achieving good environmental, health, and safety performance in connection with its operations, goods, and services. The company is constantly improving environmentally friendly procedures and taking action to manage resources efficiently, with an emphasis on energy, water, and basic raw materials. The HSE Management System is continuously monitored and reviewed on a regular basis. The company is dedicated to enhancing pollution control and works to create a secure and hygienic environment.

Lorenzo group entities

In the following group entities Shri Mansukhlal Polabhai Koradiya, holds as DIRECTOR

Kordiya Ceramic Private Limited

Maruti Gold Industries

Millennium Papers Private Limited

Millennium Vitrified Tiles Private Limited

Victory Floor Tiles Private Limited

In the following group entities Shri Vasantbhai Hari Bhai Gajera, holds as DIRECTOR

Balmukund Diamond Private Limited

Govindji Corporation

Lax Infra Buildcon Private Limited

M/s. Laxmi Shelters

Laxmi Diamond

Laxmi Enclave

Laxmi Corporation

Laxmi Infra Developers Limited

Mili Iron and Metal Company Private Limited

Sanskar Corporation

Shanti Life Space Private Limited

M/s. Shanti Corporation

M/s. Shilpraj Associates

Trimurti Enterprise

In the following group entity Shri Swintu Arvindbhai Mavani, holds as DIRECTOR

M/s. ABS Exports

Shreeji Developers

K. Star Corporation

Silver Stone Enterprises