Gurukrupa Ceramics Pvt. Ltd. Dombivali, Mumbai, Maharashtra

GURUKRUPA CERAMICS PVT. LTD COMPANY PROFILE GURUKRUPA CERAMICS PRIVATE LIMITED The company was established on 8th December 2005. The company's Registered office is located at 11, Pandurang Kripa, Pandurang Wadi, Manpada Road, Dombivli (E) Dist: Thane State: Maharashtra PIN 421201 PROMOTERS The company was formed by following promoters Anand Vasant Shendurkar - Managing Director, Residing at 11, Pandurang Kripa, Pandurang Wadi, Manpada Road, Dombivli (E) Dist: Thane State: Maharashtra PIN 421201 Contact 0251-2436666 9819079773 email : Pravin Vasant Gokhale - Director Residing at B-101/102, Sundara Complex, Tukaramnagar, Dombivli(E) Dist: Thane State : Maharashtra PIN 421201 Contact 0251-2884976 98695-09476 email: pvgokhale1@rediffmail.com COMPANY VISION The company intends to enter into manufacturing of Ceramic Tiles by setting up new plant or by taking over existing manufacturing plant. It is proposed to cover all range of tiles namely Vitrified, Wall and Floor Tiles. There is sustained growth of market for these products in India. Indian per capita consumption of Ceramic tiles is much less than the international ratio. So the potential for growth in India will be very high for years to come. The company will go mainly for value added products. We will manufacture bigger sizes of tiles which not many can produce. Special and wide range of Designs will be introduced to cater to different market needs. This will be achieved by getting latest technology. State of art machinery from Italy & China will be used. The machinery suppliers will provide technical assistance as and when required. Company will have its own team of qualified and experienced people who will ensure optimum production. They will be backed by a well equipped R & D Centre. The team will be guided by the promoters who have long and wide experience in this industry. The company wishes to start manufacturing activities in Gujarat by starting from green field project or taking over an existing plant. Gujarat has good infrastructure, cheap and easily available labour. Also availability of pipeline gas is an added advantage. Company aims to manufacture 10,000 Sq. Mts per day each of Vitrified, Wall and floor tiles. Company intends to market 1,00,000 Sq. Mts of tiles per day by outsourcing balance quantity. OPTIONS New Setup Wall Tiles Project Cost Rs. 30 Crores Capacity 10,000 Sq. Mts / Day Product Cost / Sq.Mt Rs.110 to Rs. 140 Sales Price / Sq. Mt Rs. 160 to Rs. 250 Vitrified Tiles Project Cost Rs. 48 Crores Capacity 10,000 Sq. Mts / Day Product Cost / Sq.Mt Rs.190 to Rs. 240 Sales Price / Sq. Mt Rs. 260 to Rs. 400 Floor Tiles Project Cost Rs. 30 Crores Capacity 10,000 Sq. Mts / Day Product Cost / Sq.Mt Rs.120 to Rs. 150 Sales Price / Sq. Mt Rs. 180 to Rs. 280 Takeover Plants are available in Gujarat for Takeover. Most of them are in running condition. Prices vary from Rs. 20 Crores to Rs. 200 Crores depending on the production capacity and other assets of the company. Industry Overview World tiles production 6900 million Sq. Mts / Day Growth rate 6% India’s tiles production 340 million Sq.Mts /Day Growth rate 15% Per Capita Consumption Europe 5 to 6 Sq. Mts. China 2.0 Sq.Mts India 0.3 Sq.Mts Industry Turnover in India ( 2010 ) Organized sector Rs. 3,500 Crores Unorganized sector Rs. 3,000 Crores