Glass Palace Private Limited

Furniture trading and sales of allied products.

2010 | Chandigarh, Chandigarh (India) | Converted to LLP
Last Updated:

Glass Palace Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 13.35 Cr
  • Revenue Growth 4.94%
  • Profit Growth -1.48%
  • Ebitda -61.42%
  • Net Worth -3.99%
  • Total Assets -11.75%

About Glass Palace

Glass Palace Private Limited (GPPL) is Converted To Llp company established on 08 Oct 2010 with its office registered at Chandigarh, Chandigarh, India and has been running since 14 Year, 6 Months with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 03 Jul 2024.

Company Details

  • Location

    Chandigarh, Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36990CH2010PTC032498

  • Company No.

    032498

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Oct 2010

  • Date of AGM

    20 Apr 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Electronics & Durables
Company report

Glass Palace Private Limited

Explore comprehensive data for Glass Palace Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Glass Palace?

Board Members (2)

NameDesignationAppointment DateStatus
Kanta Gupta Country flag representing In Director 05-Mar-2011Current
Varun Gupta Country flag representing In Director 05-Dec-2014Current

Financial Performance of Glass Palace.

Glass Palace Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.94% increase. The company also saw a slight decrease in profitability, with a 1.48% decrease in profit. The company's net worth dipped by a decrease of 3.99%.

Glass Palace revenue growth over time
Glass Palace 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
4.94%
Revenue from Operations
Total Assets
-11.75%
Profit or Loss
-1.48%
Net Worth
-3.99%
EBITDA
-61.42%

What is the Ownership and Shareholding Structure of Glass Palace?

In 2019, Glass Palace 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

₹0

Satisfied Charges

₹13.35 Cr

Charges Breakdown by Lending Institutions

  • Future Capital Holdings Limited : 8.14 Cr
  • Canara Bank : 2.52 Cr
  • Capital First Limited : 2.29 Cr
  • State Bank Of Patiala : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
03 Sep 2014Capital First Limited₹2.29 CrSatisfied
22 Aug 2013Canara Bank₹5.20 MSatisfied
21 Jun 2013Canara Bank₹2.00 CrSatisfied
24 Aug 2012State Bank Of Patiala₹4.00 MSatisfied
29 Mar 2012Future Capital Holdings Limited₹8.14 CrSatisfied

How Many Employees Work at Glass Palace?

Glass Palace has a workforce of 3 employees as of Mar 21, 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.

Employee growth trends for Glass Palace Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Glass Palace, 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 Glass Palace'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 Glass Palace

Recent activity within the organization

  • Annual General Meeting

    Glass Palace Private Limited last Annual general meeting of members was held on 20 Apr 2024 as per latest MCA records.

  • Balance Sheet

    Glass Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge registered on 22 Aug 2013 via Charge ID 10450368 with Canara Bank was fully satisfied on 13 Jun 2023.

  • Charges

    A charge registered on 21 Jun 2013 via Charge ID 10437417 with Canara Bank was fully satisfied on 13 Jun 2023.

  • Charges

    A charge registered on 03 Sep 2014 via Charge ID 10522857 with Capital First Limited was fully satisfied on 26 Oct 2018.

  • Charges

    A charge registered on 29 Mar 2012 via Charge ID 10345523 with Future Capital Holdings Limited was fully satisfied on 26 Oct 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Glass Palace Private Limited?

    Glass Palace Private Limited was incorporated on 08 Oct 2010.

  • What is authorized share capital and paid-up capital of Glass Palace Private Limited?

    The authorized share capital of Glass Palace Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Glass Palace Private Limited?

    Currently 2 directors are associated with Glass Palace Private Limited.

    • Kanta Gupta
    • Varun Gupta

  • What is the registered address of Glass Palace Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Glass Palace Private Limited is Sco 43 Madhya Marg, Sector 7 C, Chandigarh, India, 160019.

  • What is the corporate identification number (CIN) and company number of Glass Palace Private Limited?

    The corporate identification number (CIN) of Glass Palace Private Limited is U36990CH2010PTC032498 and the company number is 032498 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Glass Palace Private Limited?

    The Official website of Glass Palace Private Limited is https://www.glasspalace.in

  • What has been the recent revenue trend for Glass Palace Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Glass Palace Private Limited has risen by 4.94%.

  • How many employees does Glass Palace Private Limited currently have?

    As Per 2022 financial reports, 3 employees are currently employed by Glass Palace Private Limited.

  • What change has been observed in the net worth of Glass Palace Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Glass Palace Private Limited has experienced an downturn of -3.99%.

  • When was the last Balance Sheet of Glass Palace Private Limited filed with the ROC?

    The most recent Balance Sheet for Glass Palace Private Limited was filed with the ROC on 31 Mar 2024.

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