One of India’s top producers of tiles is Somany Ceramics. For more over 50 years, the company has been making and selling tiles. H. L. Somany began the company in 1969 and initially operated a tiny tile production in Bahadurgarh, Haryana. Since then, the business has expanded to become one of India’s biggest tile makers, having operations in over 40 nations.
Shares of Somany Ceramics are traded on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), two stock exchanges where the firm is publicly listed. The market value of the company is currently over INR 3,000 crore (USD 400 million). The promoters, institutional investors, and retail investors are the company’s largest shareholders.
The Somany family, who own a sizable portion of Somany Ceramics, is the company’s promoter. Since the Somany family has been involved in the tile industry for more than 100 years, they have a comprehensive expertise of the sector. The family actively participates in the operation of the firm and is a major factor in its expansion.
Institutional investors, such as mutual funds, insurance firms, and foreign portfolio investors (FPIs), in addition to the Somany family, own a sizable portion of the business. Due to Somany Ceramics’ great brand, solid financials, and growth potential, these investors have invested in the company. Because individual investors possess a sizable portion of the company’s equity, retail investors also have a sizable stake in the business.
It is challenging to provide a precise response to the linked question “What is the price of 3d tiles in India?” because it depends on the brand, size, and style of the tile. The cost of 3D tiles, however, typically ranges from INR 150 to INR 500 per square foot in India. A broad variety of 3D tiles are available from Somany Ceramics, and the cost of these tiles vary according to the size and design. To get an estimate of the cost of 3D tiles, customers can check the business’ website or go to their local Somany Ceramics showroom.
In conclusion, Somany Ceramics is a well-known tile producer in India, offering a variety of goods under a strong brand name. The Somany family, along with institutional and individual investors, owns the business. Customers can check the Somany Ceramics website or showroom to get an idea of the prices of 3d tiles because the cost of 3d tiles in India vary based on the brand, size, and design.