Glascon Thermo Process Private Limited

Glass manufacturing company specializing in toughened, tempered, laminated, and frosted glass products.

2012 | Belgaum, Karnataka (India) | Active
Last Updated: January 04, 2025

Glascon Thermo Process Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.00 Cr
  • Revenue Growth -76.32%
  • Profit Growth -28.52%
  • Ebitda -74.99%
  • Net Worth -15.91%
  • Total Assets 7.95%

About Glascon Thermo Process

Glascon Thermo Process Private Limited (GTPPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 September 2012 and has a history of 12 years and four months. Its registered office is in Belgaum, Karnataka, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹40.00 Cr.

Annasaheb Jolle, Vijaykumar Mangasule, Umesh Mirjkar, and Four other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    glascon.co

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36990KA2012PTC066011

  • Company No.

    066011

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Glascon Thermo Process Private Limited offer?

Glascon Thermo Process Private Limited offers a wide range of products and services, including Stained, Etched & Laminated Glass, Tempered Glass, Sheet Glass, Toughened Glass, Toughened Safety Glass, Laminated Glass, Frosted Glass, Automobile Fittings & Components, Automotive Glass, Ceramic Crafts.

Who are the key members and board of directors at Glascon Thermo Process?

Executive Team (1)

NameDesignationAppointment DateStatus
Umesh Mirjkar Country flag representing In Managing Director25-Sep-2012Current

Board Members (6)

NameDesignationAppointment DateStatus
Basavaprasad Jolle Country flag representing In Director 20-Jan-2018Current
Annasaheb Jolle Country flag representing In Director 25-Sep-2012Current
Vijaykumar Mangasule Country flag representing In Director 25-Sep-2012Current
Anil Mirajkar Country flag representing In Director 25-Sep-2012Current
Abhay Mirajkar Country flag representing In Director 02-May-2013Current
Praveen Tori Country flag representing In Director 25-Jul-2018Current

Financial Performance of Glascon Thermo Process.

Glascon Thermo Process Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 76.32% decrease. The company also saw a substantial fall in profitability, with a 28.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-76.32%
Revenue from Operations
-77.62%
Total Assets
7.95%
Profit or Loss
-28.52%
Net Worth
-15.91%
EBITDA
-74.99%

What is the Ownership and Shareholding Structure of Glascon Thermo Process?

In 2022, Glascon Thermo Process had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹400.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2021Canara Bank₹40.00 CrOpen

How Many Employees Work at Glascon Thermo Process?

Glascon Thermo Process has a workforce of 23 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Glascon Thermo Process, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Glascon Thermo Process's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Glascon Thermo Process

Recent activity within the organization

  • Annual General Meeting

    Glascon Thermo Process Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Glascon Thermo Process Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 400.00 M with Charge ID 100522667 was registered on 24 Dec 2021.

    24 Dec 2021

  • Director Appointment

    Praveen Chidanand Tori was appointed as a Director was appointed as a Director on 25 Jul 2018 & has been associated with this company since 6 years 6 months .

    25 Jul 2018

  • Director Appointment

    Basavaprasad Annasaheb Jolle was appointed as a Director was appointed as a Director on 20 Jan 2018 & has been associated with this company since 7 years 1 month .

    20 Jan 2018

  • Director Appointment

    Abhay Vasant Rao Mirajkar was appointed as a Director was appointed as a Director on 02 May 2013 & has been associated with this company since 11 years 9 months .

    02 May 2013

Frequently asked questions

  • Glascon Thermo Process Private Limited was incorporated on 25 Sep 2012.

  • The authorized share capital of Glascon Thermo Process Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 7 directors are associated with Glascon Thermo Process Private Limited.

    • Annasaheb Shankar Jolle
    • Vijaykumar Shantappa Mangasule
    • Umesh Vasantrao Mirjkar
    • Anil Vasantrao Mirajkar
    • Abhay Vasant Rao Mirajkar
    • Basavaprasad Annasaheb Jolle
    • Praveen Chidanand Tori
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glascon Thermo Process Private Limited is Ward No. 6 Rs 185/4 At Multiplex Mall Building Chikkodi Road, India, Nippani, Karnataka, 591237.

  • The corporate identification number (CIN) of Glascon Thermo Process Private Limited is U36990KA2012PTC066011 and the company number is 066011 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glascon Thermo Process Private Limited is https://www.glascon.co

  • According to the financial reports for the fiscal year 2022, the revenue trend for Glascon Thermo Process Private Limited has fallen by -76.32%.

  • As Per 2022 financial reports, 23 employees are currently employed by Glascon Thermo Process Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Glascon Thermo Process Private Limited has experienced an downturn of -15.91%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Glascon Thermo Process Private Limited amount to ₹ 40.00 Cr.

  • The most recent Balance Sheet for Glascon Thermo Process Private Limited was filed with the ROC on 31 Mar 2024.

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