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LORENZO VITRIFIED TILES PRIVATE LIMITED is a Company established on 31st October, 2006 under the Companies Act, 1956 having Registered Office and factory and corporate offices at 8-A, National Highway, Opposite Omkar Petroleum, PB No. 411, Lalpar, Morbi – 363 642 (Gujarat). The company is engaged in the manufacture mainly of vitrified tiles. The products find applications in Residential buildings, flats and commercial complexes, Airports, IT Parks, Hotels, Restaurants, and Hospitals and all other commercial & Housing constructions and renovation of existing structures, etc. The products of the company, being classified as one of the building materials, are thus directly and indirectly connected with the infrastructure and construction sectors which are among the top priority sectors in our country. The company is into manufacturing for about ten years in ceramic industry and thus have accumulated rich knowledge and experiences in ceramic tiles segments.

Production Capacity and Products

The company has installed capacity of production of 25,000 Sqm of tiles per day and catering its products to all over India. Presently about 50% of the installed capacity is being utilized and therefore the remaining productive capacity can be utilized to further supply vitrified tiles as per customer specification, both domestic supplies and overseas supplies. The company has presently the best available technology, modern and up to date manufacturing facilities and infrastructure facilities in tandem with the productive capacities of the company. The company’s customer profile includes renowned companies such as H & R Johnson (India) and Simpolo Vitrified Pvt. Ltd., etc.


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

Shri. Mansukhlal Polabhai Koradiya, 50 years, a resident Indian national, is a Promoter of our Company. He is a Graduate. He possesses about 25 years rich experience in the Ceramic Industry in wall, floor and vitrified tiles segments. He is associated with the company since the inception of the company in 2006. He also possesses about ten years’ experience in the Paper Mill Industry. In his capacity as Director and a very key person to the company, he looks after overall sales & marketing, finance, production, raw material procurement and human resources aspects of the company.


2) Shri. Vasantbhai Haribhai Gajera, Director,

Shri. Vasantbhai Haribhai Gajera, 57 years, a resident Indian national, is a Director of the Company. He studied up to SSC. He possesses about 8 years’ rich experience in the ceramic industry and about 30 years’ experience in the Building and Diamond & Jewelry Industrial Segment / Companies. He looks after the human resources and administrative functions including inbound and outbound logistics aspects pertaining to the company.


3) Shri. Swintu Arvindbhai Mavani, Director,

Shri Swintu Arvindbhai Mavani, 32 years, a resident Indian national, is a Director of the Company since year 2006. He is Graduate. He possesses about six years’ experience in ceramic industry and also eight years in diamond and building industrial segments / businesses. He is involved with the company on sales and marketing activities.



Management

Managing with professionalism has always been the hallmark of the Company. The company has a reputation of having a fiercely talented, performance oriented employees with highest levels of integrity and professionalism. It is the mainstay of all its endeavors and the cornerstone of its corporate culture. Excellent teamwork & effective co-ordination among the various agencies involved give an edge over our competitors. Extensive planning using the latest management techniques enables us to exercise direct monitoring and control over our operations & schedules.


Marketing Set up

The company has well established marketing set up all over India. The company caters to construction industry, wholesalers and dealers located in different parts of the country by established marketing and distribution network. 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 overseas.


Industry Scenario

Presently, the Ceramic Tiles Industry constitutes the size of Rs 12000 Cr. The company enjoys raw materials proximity, advantage of infrastructure facilities and manpower requirements, since it is located in the ceramic hub of Morbi. On the back ground of robust growth in construction, infrastructure and housing segments, the company’s outlook to double its sales growth and turn over appears to be excellent.


Future Plans

The future plans of the company includes achieving a sales turnover of Rs 9856.65 Lacs by year end 2018. The company has presently about 160 employees in its roll. The company employs mainly Italian Technology backed by SACMI group for manufacturing of its products. In order to achieve the above turn over, the company has plans to further increase its production capacity, upgrade technology, establish more reliable marketing setting up, increasing authorized dealership and customer base, tapping the hitherto untapped rural markets, to invest in innovative product concept and design development for launching new products, developing and improving the infrastructure facilities and network of its marketing, sales distribution and sales network, to improve and build up the brand image of the company’s products, to increase and strengthen it sales force, and to make the quality management system upgrading to ISO 9001-2015, etc.
The company also proposes to import ceramic tiles from overseas towards taking advantage of the global market trend, in the periods ahead.


Technology

Technology Associates

1.   SACMI (Italy) – 5 LAYERS Vertical DRYER

2.   SACMI (Italy) - KILN (196 Mtrs)

3.   SACMI (Italy) - PRESS (PH – 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.

Equipped with world class plant and machineries such as SACMI Kiln, SACMI Press (PH 6200, PH 5000), SACMI Dryer, Modena Kiln & Dryer, HLT Press and KEDA/ KELID Polishing line, etc.; the company is in a better position to produce large batches simultaneously and efficiently.


Research & Development

The company continues to pursue its research and development efforts in the areas of product concept development, raw material usage giving priority to local contents and product features and product quality improvement, technology upgradation, adopting the “Make in India” concept for the company and for this the company’s quest for best available technology for importation / collaboration, etc.



Quality Policy

The company has implemented a Management System complying with the requirements of ISO 9001:2008 for manufacturing and supply of ceramic tiles. The company’s quality policy sticks to deliver right products and excellent services to its esteemed customers at right time. Keeping this in view, the company cultivated an environment in which the quality and customer consciousness of all the employees and departments is continually improved with due customer focus and endeavors to exceed customer expectations and satisfactions. Thus the company’s untiring commitment to quality is fully reflected.


Health, Safety, and Environment

The Company is committed to ensure sound Health, Safety, and Environmental performance related to its activities, products and services. The Company is taking continuous steps and also developing environment friendly processes for effective resource management with specific focus to energy, water and basic raw materials. Monitoring and periodic review of the HSE Management System is done on a continuous basis. The Company is committed to strengthen pollution prevention and strives to provide a safe and healthy environment.


Manpower

The company possesses Managerial persons, technical staff and supervisors drawn from different disciplines. It also possesses sufficient skilled, semi-skilled and unskilled manpower and their dedicated services and commitment add vigor and growth to the company and the society to which the company belongs.


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