Glasstech Industries (India) Private Limited

Specializes in glass and aluminum processing machinery and products for various industries.

1997 | Raigad, Maharashtra (India) | Active
Last Updated: July 29, 2024

Glasstech Industries (India) Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 30.74 Cr
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.87 Cr
  • Satisfied Charges ₹ 39.45 Cr
  • Revenue Growth 15.72%
  • Profit Growth 107.97%
  • Ebitda 170.39%
  • Net Worth 105.65%
  • Total Assets -1.37%

About Glasstech Industries (India)

Glasstech Industries (India) Private Limited (GIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 May 1997 and has a history of 27 years and nine months. Its registered office is in Raigad, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 30.74 Cr.

The company currently has active open charges totaling ₹24.87 Cr. The company has closed loans amounting to ₹39.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Glasstech Industries (India) Private Limited India is Mataprasad Sharma as COMPANY SECRETARY. Anoopdas Cherai, Sandeep Ponnarambil, Sandhia Ponnarambil, and One other member serve as directors at the Company.

Company Details

  • Location

    Raigad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    glasstechindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26100MH1997PTC107962

  • Company No.

    107962

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 1997

  • Date of AGM

    06 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Glasstech Industries (India) Private Limited offer?

Glasstech Industries (India) Private Limited offers a wide range of products and services, including Insulators & Insulation Materials, Insulated Glass, Fire Resistant Glass, Heat Strengthened Glass, Textile Machines, Bench Heavy Duty Drill, Heavy Drilling Machine, Buffing, Surface Finishing Machines, Finishing Machine, Stained, Etched & Laminated Glass.

Who are the key members and board of directors at Glasstech Industries (India)?

Executive Team (1)

Name Designation Appointment Date Status
Mataprasad Sharma Country flag representing In Company Secretary 06-Jul-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Anoopdas Cherai Country flag representing In Director 30-Apr-2021 Current
Sandeep Ponnarambil Country flag representing In Director 03-Jan-2003 Current
Sandhia Ponnarambil Country flag representing In Director 12-May-1997 Current
Sathiapalan Ponnarambil Country flag representing In Director 12-May-1997 Current

Financial Performance of Glasstech Industries (India).

Glasstech Industries (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.72% increase. The company also saw a substantial improvement in profitability, with a 107.97% increase in profit. The company's net worth Soared by an impressive increase of 105.65%.

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
15.72%
Revenue from Operations
15.68%
Total Assets
-1.37%
Profit or Loss
107.97%
Net Worth
105.65%
EBITDA
170.39%

What is the Ownership and Shareholding Structure of Glasstech Industries (India)?

In 2023, Glasstech Industries (India) had a promoter holding of 91.31% and a public holding of 8.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.87 Cr

Satisfied Charges

₹39.45 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 24.87 Cr

Latest Charge Details

Date Lender Amount Status
26 Feb 2015 State Bank Of India ₹24.87 Cr Open
03 Mar 2005 State Bank Of India ₹30.00 Cr Satisfied
03 Mar 2005 State Bank Of India ₹8.45 Cr Satisfied
11 Jan 2002 State Bank Of India ₹5.00 M Satisfied
31 Oct 2001 State Bank Of India ₹5.00 M Satisfied

How Many Employees Work at Glasstech Industries (India)?

Glasstech Industries (India) has a workforce of 144 employees as of Apr 06, 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 Glasstech Industries (India), 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 Glasstech Industries (India)'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 Glasstech Industries (India)

Recent activity within the organization

  • Annual General Meeting

    Glasstech Industries (India) Private Limited last Annual general meeting of members was held on 06 Sep 2023 as per latest MCA records.

    06 Sep 2023

  • Balance Sheet

    Glasstech Industries (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 24.87 Cr registered on 26 Feb 2015 with Charge ID 10556601 was modified on 20 Dec 2021.

    20 Dec 2021

  • Director Appointment

    Anoopdas Cherai was appointed as a Director was appointed as a Director on 30 Apr 2021 & has been associated with this company since 3 years 9 months .

    30 Apr 2021

  • Charges

    A charge registered on 03 Mar 2005 via Charge ID 90243810 with State Bank Of India was fully satisfied on 28 Aug 2020.

    28 Aug 2020

  • Charges

    A charge registered on 03 Mar 2005 via Charge ID 90145690 with State Bank Of India was fully satisfied on 28 Aug 2020.

    28 Aug 2020

Frequently asked questions

  • Glasstech Industries (India) Private Limited was incorporated on 12 May 1997.

  • The authorized share capital of Glasstech Industries (India) Private Limited is ₹ 35.00 Cr and paid-up capital is ₹ 30.74 Cr.

  • Currently 5 directors are associated with Glasstech Industries (India) Private Limited.

    • Mataprasad Bulakidas Sharma
    • Anoopdas Cherai
    • Sandeep Sathiapalan Ponnarambil
    • Sandhia Sathiapalan Ponnarambil
    • Sathiapalan Govindan Ponnarambil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glasstech Industries (India) Private Limited is Plot L-113 Midc Talojataloja Industrial Area Taloja District Raigad, Maharashtra, India, 400703.

  • The corporate identification number (CIN) of Glasstech Industries (India) Private Limited is U26100MH1997PTC107962 and the company number is 107962 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glasstech Industries (India) Private Limited is https://www.glasstechindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glasstech Industries (India) Private Limited has risen by 15.72%.

  • As Per 2023 financial reports, 144 employees are currently employed by Glasstech Industries (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glasstech Industries (India) Private Limited has experienced an upsurge of 105.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Glasstech Industries (India) Private Limited amount to ₹ 24.87 Cr.

  • The most recent Balance Sheet for Glasstech Industries (India) Private Limited was filed with the ROC on 31 Mar 2023.

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