* - Tentative Dates
The company aims to utilize the net proceeds towards the following purposes;
Asian Granito India Ltd is engaged in the business of manufacturing tiles, vitrified and ceramic tiles. The company's product portfolio includes polished, double charged, glazed, unglazed, rustic, matt, homogenous, and non-homogeneous body. It also manufactures engineered marble and quartz stone with varied thickness, shape, design, and color.
In 2019, it has forayed into bath-ware segment to diversify its product portfolio. Under the segment, it offers products such as faucets and sanitary ware such as wash basins, urinals, one piece, and wall hung water closets with anti-bacterial features, twin flushing technology, chemical, scratch, and stain resistant, etc. The business not just sells goods domestically but also in the international market such as China, Israel, United States of America, Germany, Spain, Italy, Korea, Thailand, Myanmar, Canada, Indonesia, Australia, Bangladesh, Vietnam, Brazil, GCC Countries, Kenya, etc.
The company has 5 manufacturing facilities at multiple locations in Gujarat with an installed aggregate manufacturing capacity of 2,24,26,500 square meter.