[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Inc42 [@Inc42](/creator/twitter/Inc42) on x 51K followers Created: 2025-07-08 17:39:52 UTC 🚨Inc42 Exclusive🚨 IPO-bound building materials platform has picked up a majority stake in Metro Group, a ceramic tiles manufacturing company, in a share swap deal worth INR XXX Cr, the company’s filings with the Ministry of Corporate Affairs revealed. The unicorn, intends to strengthen its foothold in the tiles industry with this move. The fresh development comes almost a year after acquired a XX% stake in Emcer Tiles. Earlier this year, claimed that it became the second-largest player in India’s ceramics industry, with a manufacturing capacity that spans XX units and three tile brands under its portfolio. The Thane-based company (Hella Infra Market Ltd) has been relying on acquisitions to double down on its offerings. It acquired RDC Concrete for INR XXX Cr in 2021, followed by a stake acquisition in Shalimar Paints in 2022. Read the full article here- #Inc42 #Exclusive #B2B #IPO #funding #investment #manufacturing  XXX engagements  **Related Topics** [unicorn](/topic/unicorn) [indian rupee](/topic/indian-rupee) [metro](/topic/metro) [$xwp](/topic/$xwp) [Post Link](https://x.com/Inc42/status/1942639788428795952)
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Inc42 @Inc42 on x 51K followers
Created: 2025-07-08 17:39:52 UTC
🚨Inc42 Exclusive🚨
IPO-bound building materials platform has picked up a majority stake in Metro Group, a ceramic tiles manufacturing company, in a share swap deal worth INR XXX Cr, the company’s filings with the Ministry of Corporate Affairs revealed.
The unicorn, intends to strengthen its foothold in the tiles industry with this move. The fresh development comes almost a year after acquired a XX% stake in Emcer Tiles. Earlier this year, claimed that it became the second-largest player in India’s ceramics industry, with a manufacturing capacity that spans XX units and three tile brands under its portfolio.
The Thane-based company (Hella Infra Market Ltd) has been relying on acquisitions to double down on its offerings. It acquired RDC Concrete for INR XXX Cr in 2021, followed by a stake acquisition in Shalimar Paints in 2022.
Read the full article here-
#Inc42 #Exclusive #B2B #IPO #funding #investment #manufacturing
XXX engagements
Related Topics unicorn indian rupee metro $xwp