About Asian Granito India Ltd 
Asian Granito India Ltd
Micro Cap
Ceramics/Marble/Granite/Sanitaryware
Asian Granito India Limited was erstwhile incorporated as 'Karnavati Fincap Private Limited' on August 8, 1995 for carrying on the business of a non-banking financial company. Subsequently, the Company was converted into a Public Limited Company on August 29, 1995 and the name of Company was changed as Karnavati Fincap Limited. Thereafter, the Company line of business changed from finance to trading in cloth on March 18, 1999.
Company Coordinates 
Company Details
202 Devarc Opp Iskon Temple, Sarkhej Gandhinagar Highway Ahmedabad Gujarat : 380015
Registrar Details
Capital Structure 
Present Equity Capital
INR 126.75 Cr
Number of Shares
12.67 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
11-Apr-2022
12.67
126.75
69993682
10
Right Issues
08-Sep-2021
5.68
56.75
22464188
10
Right Issues
07-Apr-2021
3.43
34.29
100000
10
Conversion of Warrants
05-Apr-2021
3.42
34.19
133000
10
Conversion of Warrants
31-Mar-2021
3.41
34.05
312000
10
Conversion of Warrants
25-Mar-2021
3.37
33.74
1037112
10
Conversion of Warrants
24-Mar-2021
3.27
32.71
729000
10
Conversion of Warrants
08-Mar-2021
3.2
31.98
288888
10
Conversion of Warrants
19-Feb-2021
3.17
31.69
750000
10
Conversion of Warrants
14-Oct-2020
3.09
30.94
100000
10
Conversion of Warrants
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 18 FIIs (1.59%)
Promoter with highest holding
Kamleshkumar Bhagubhai Patel (8.31%)
Highest Public shareholder
Maithan Alloys Limited (1.29%)
Individual Investors Holdings
52.57%
Management
Designation
Remuneration
Kamleshbhai Patel
Chairman & Managing Director
63.8 lacs
Mukeshbhai Patel
Managing Director
46.78 lacs
Sureshbhai J Patel
Executive Director
45.02 lacs
Bhaveshbhai V Patel
Executive Director
26.6 lacs
Bhogibhai Patel
Executive Director
20.22 lacs
Indira Nityanandam
Independent Director
40.0 k
Mukeshbhai M Shah.
Independent Director
1.0 lacs
Dhruti Trivedi
Company Sec. & Compli. Officer
0
Hemendrakumar C Shah
Independent Director
1.5 lacs
Kandarp G Trivedi
Independent Director
1.35 lacs
Maganlal Prajapati
Independent Director
1.1 lacs
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Trading Materials
470.04
0%
Trading Materials
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Tiles & Others
1,008.38
99.46%
Export Incentives
3.53
0.35%
Wind Mill
0.83
0.08%
Tiles & Others
Tiles & Others
Export Incentives
Export Incentives
Wind Mill
Wind Mill
Revenue and Profits:
Net Sales:
360 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
Ceramics/Marble/Granite/Sanitaryware
INR 624 Cr (Micro Cap)
98.00
25
0.00%
0.13
-0.02%
0.48