Dhyaani Tile and Marblez Ltd

About the Company:

Dhyaani Tile and Marblez Ltd is engaged in the business of trading of vitrified tiles used primarily for flooring solutions.

Company commenced this business in year 2019, upon takeover of the business from the earlier promoters. Earlier to this the company was engaged in the business of trading of agro commodities.

Company generally sell the products through a network of distributors and dealers/traders located at different locations of the country. At present,company has a distribution network of around 40 traders spread across various states.




Company’s business operations are broadly divided into two product categories:

Double Charge Vitrified Tiles: Double charge vitrified tiles are tiles that are fed through a press which prints the pattern with a double layer of pigment, 3 to 4 mm thicker than other types of tiles. This process does not permit complex patterns but results in a long-wearing tile surface, suitable for heavy traffic commercial projects.

Glazed Vitrified Tiles: Glazed vitrified tiles are flat slabs manufactured from ceramic materials such as clay, feldspar and quartz and other additives and fired at high temperatures to ensure high strength and low water absorption.






Management Team:

  1. Mr. Chintan Nayan Bhai Rajyaguru (Designation: Chairman and Managing Director)
  2. Mr. Nayankumar Labhshankar Rajyaguru (Designation: Executive Director)




Objectives of the Issue:

Fresh Issue: (Rs.2.44 cr)

  • Funding the working capital requirements of the company.
  • General Corporate Purposes.



Financials of the Company:

(in Crores) FY 19 FY 20 FY 21 30th Sept 21
Revenue 9.35 7.12 15.11 10.41
Net Profit 0.09 (-0.07) 0.26 0.24




IPO Details:

Details Info
Issue Opens on 30th March 2022
Issue Closes on:. 4th April 2022
Issue Price Rs.51
Face Value Rs.10
Minimum Lot 2000
Minimum Investment Rs.1,02,000
Issue Constitutes 31.57%
Issue Size Rs.2.44 cr
Market Cap Rs.7.75 cr
Listing at BSE SME
Equity Shares Offered (Fresh) 4,80,000 (Rs. 2.44 cr)
Equity Shares Prior to the Issue 10,40,000
Equity Shares after the issue 15,20,000

Also Read : List of Upcoming IPO’s in India.
Also Read : List of Upcoming SME IPO’s in India.



Important Dates:

Finalization of Basis of Allotment on or Before 7th April 2022
Initiation of Refunds on or Before 8th April 2022
Credit of Equity Shares: on or Before 11th April 2022
Listing Date: on or Before 12th April 2022



IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
2.51 19.67 78.99 12.47



Company Contact Info:
420, Times Square Arcade, Opp. Rambaug,
Thaltej-Shilaj Road,
Thaltej, Ahmedabad – 380059, Gujarat, India
Tel: 079-5100 5865
Email: cs@dhyaaniinc.com
Website: www.dhyaaniinc.com



IPO Registrar Info:
Selenium Tower-B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Contact Person : M Murali Krishna
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: dhyaani.ipo@kfintech.com
Website: www.kfintech.com


Lead Manager to the Issue:
428, Gala Empire, Near T.B. Tower Drive In Road,
Thaltej, Ahmedabad – 380054, Gujarat, India
Tel No.: +91 8200931018
Website: www.gycapitaladvisors.com