Key numbers
Published fundamentals and the date each figure was recorded.
Vyara Tiles Limited manufactures concrete and block-paving products for hard-surface applications. The company’s paver blocks are used for driveways, patios, walkways and roads. Its documentation identifies the principal product families as VYARA, which includes high-strength paving stones and modular concrete products, and FREEFORM, which provides advanced surface finishes for on-site application. FREEFORM’s listed finishes include cementitious and epoxy-based floor and wall products such as microcement and terrazzo. The company also describes its operations as manufacturing and laying interlocking paving blocks; its litigation disclosures refer to the manufacturing of paver blocks, tiles, solid paver blocks and mosaic tiles. The business therefore combines manufacture of concrete paver and tile products with laying or installation work associated with those products. It serves construction and surface-development uses where durable paving, modular concrete units and decorative floor or wall finishes are required.
About this company
Vyara Tiles Limited is a Surat, Gujarat based manufacturer of concrete building and landscaping products with roots dating back to 1968, when it began as a sole proprietorship, before being incorporated in 1989. The business operates across two brands, Vyara Tiles and Freeform, and specialises in concrete pavers, cobbles, kerbstones, flagstones and a range of landscaping and hardscaping tiles used in roads, footpaths, public plazas and outdoor spaces. Its products serve three broad end markets: municipal and urban-infrastructure works, residential and commercial real-estate landscaping, and corporate and government construction projects. Over its operating history the company has been associated with paving and landscaping supply for several high-profile public projects in Gujarat, which it cites as references to its manufacturing scale and quality systems. Earlier registry records also describe a heritage in ceramic and vitrified flooring, reflecting the company's broader background in surfaces and building products. The company is promoter-driven and remains controlled by the Jain family, with long-tenured directors including Padamkumar Babulal Jain, Mehulkumar Padamkumar Jain and Mili Mehul Jain steering operations. It reports paid-up capital of roughly Rs 12.2 crore and revenue in the region of Rs 100-120 crore in recent financial years, placing it among established mid-scale players in the organised concrete-products segment. In 2024 Vyara Tiles converted from a private limited to a public limited company and filed a Draft Red Herring Prospectus (dated 31 December 2024) for a proposed fresh issue of up to 44,00,000 equity shares aimed at a listing on the BSE SME platform. As of now the shares are not yet listed or trading on the exchange, which is why the company features in the pre-IPO and unlisted-share market. Interest in Vyara Tiles in the unlisted space is typically tied to its long manufacturing track record, infrastructure-linked demand for paving products, family-promoter continuity and its stated intention to pursue an exchange listing. All price information in the unlisted market is indicative only and reflects negotiated, over-the-counter transactions rather than an exchange-discovered price.
COMPANY REGISTRY · ON FILE
THE CREW · BOARD & MANAGEMENT
COMMON QUESTIONS.
What is the ISIN of Vyara Tiles Limited?+
The recorded ISIN of Vyara Tiles Limited is INE0Y5C01023. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.
Is trading in Vyara Tiles Limited unlisted shares legal in India?+
Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.
Is there a lock-in period for unlisted shares?+
A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.
Do you guarantee returns?+
No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.