Goa Glass Fibre Limited

Founded in 1996 and headquartered in Goa, India.

1996 | Goa, Goa (India) | Active
Last Updated: December 19, 2024

Goa Glass Fibre Profile

Key Indicators

  • Authorised Capital ₹ 168.00 Cr
  • Paid Up Capital ₹ 163.98 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 956.00 Cr
  • Satisfied Charges ₹ 130.51 Cr
  • Revenue Growth 67.71%
  • Profit Growth 629.11%
  • Ebitda 841.78%
  • Net Worth 34.61%
  • Total Assets 25.51%

About Goa Glass Fibre

Goa Glass Fibre Limited (GGFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 June 1996 and has a history of 28 years and eight months. Its registered office is in Goa, Goa, India.

The Corporate was formerly known as Vishakha Enterprises India Private Limited. 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 168.00 Cr and a paid-up capital of Rs 163.98 Cr.

The company currently has active open charges totaling ₹956.00 Cr. The company has closed loans amounting to ₹130.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Goa Glass Fibre Limited India is Vitthal Narvekar as CFO. Veera Palepu, Vishal Shah, Thiagarajan Latha, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U26102GA1996PLC015080

  • Company No.

    080099

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 1996

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Manufacturing

What products or services does Goa Glass Fibre Limited offer?

Goa Glass Fibre Limited offers a wide range of products and services, including Fiber Glass Products, Fiberglass Products, Chopped Strands, Industrial Pallet, Industrial Fabric, Fiberglass Roving, Industrial Fabrics and Textiles, Fiberglass Cloth, Yarns & Threads, Filament Yarn.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vitthal Narvekar Country flag representing In CFO21-May-2014Current

Board Members (4)

NameDesignationAppointment DateStatus
Vishal Shah Country flag representing In Director 31-Jan-2023Current
Thiagarajan Latha Country flag representing In Director 31-Jan-2023Current
Veera Palepu Country flag representing In Whole-Time Director 04-Aug-2014Current
Nityanand Malekar Country flag representing In Director 27-Jul-2021Current

Financial Performance of Goa Glass Fibre.

Goa Glass Fibre Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 67.71% increase. The company also saw a substantial improvement in profitability, with a 629.11% increase in profit. The company's net worth Soared by an impressive increase of 34.61%.

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
67.71%
Revenue from Operations
64.16%
Total Assets
25.51%
Profit or Loss
629.11%
Net Worth
34.61%
EBITDA
841.78%

What is the Ownership and Shareholding Structure of Goa Glass Fibre?

In 2022, Goa Glass Fibre 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

₹956.00 Cr

Satisfied Charges

₹130.51 Cr

Charges Breakdown by Lending Institutions

  • Others : 956.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Aug 2024Others₹900.00 CrOpen
11 Jul 2005Others₹56.00 CrOpen
08 Nov 2018Others₹1.66 MSatisfied
23 May 2011Central Bank Of India₹23.44 CrSatisfied
22 Oct 2009Indian Overseas Bank₹25.00 CrSatisfied

How Many Employees Work at Goa Glass Fibre?

Goa Glass Fibre has a workforce of 261 employees as of Apr 05, 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 Goa Glass Fibre, 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 Goa Glass Fibre'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 Goa Glass Fibre

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 900.00 Cr registered on 07 Aug 2024 with Charge ID 100963498 was modified on 05 Nov 2024.

    05 Nov 2024

  • Annual General Meeting

    Goa Glass Fibre Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 900.00 Cr with Charge ID 100963498 was registered on 07 Aug 2024.

    07 Aug 2024

  • Balance Sheet

    Goa Glass Fibre Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

    31 Mar 2024

  • Director Appointment

    Vishal Bhailal Shah was appointed as a Director was appointed as a Director on 31 Jan 2023 & has been associated with this company since 2 years 24 days .

    31 Jan 2023

  • Director Appointment

    Thiagarajan Latha was appointed as a Director was appointed as a Director on 31 Jan 2023 & has been associated with this company since 2 years 24 days .

    31 Jan 2023

Frequently asked questions

  • Goa Glass Fibre Limited was incorporated on 19 Jun 1996.

  • The authorized share capital of Goa Glass Fibre Limited is ₹ 168.00 Cr and paid-up capital is ₹ 163.98 Cr.

  • Currently 5 directors are associated with Goa Glass Fibre Limited.

    • Veera Venkata Satyanarayana Rao Palepu
    • Vishal Bhailal Shah
    • Thiagarajan Latha
    • Nityanand Vasant Malekar
    • Vitthal Yelshatti Narvekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Goa Glass Fibre Limited is 218-220 Nh-17 Village, Bardez India, Colvale, Goa, 403513.

  • The corporate identification number (CIN) of Goa Glass Fibre Limited is U26102GA1996PLC015080 and the company number is 080099 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Goa Glass Fibre Limited is https://www.binaniindustries.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Goa Glass Fibre Limited has risen by 67.71%.

  • As Per 2022 financial reports, 261 employees are currently employed by Goa Glass Fibre Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Goa Glass Fibre Limited has experienced an upsurge of 34.61%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Goa Glass Fibre Limited amount to ₹ 956.00 Cr.

  • The most recent Balance Sheet for Goa Glass Fibre Limited was filed with the ROC on 31 Mar 2024.

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