Madras Sheet Glass Works Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.39 M
- Company Age 64 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 3.50 M
- Revenue Growth -94.76%
- Profit Growth -68.78%
- Ebitda -9.96%
- Net Worth -16.06%
- Total Assets -0.30%
About Madras Sheet Glass Works
Madras Sheet Glass Works Private Limited (MSGWPL) was founded in India on 18 April 1960 and has a glorious history of 64 years and nine months.Its registered office is in Tiruvottiyur, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.39 M.
The company has closed loans amounting to ₹3.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Vrinda Varshnei and Lalit Varshnei serve as directors at the Company.
Company Details
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Location
Tiruvottiyur, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U26109TN1960PTC004124
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Company No.
004124
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Apr 1960
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Date of AGM
06 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Madras Sheet Glass Works?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lalit Varshnei
|
Managing Director | 29-Apr-1975 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vrinda Varshnei
|
Director | 29-Sep-2006 | Current |
Financial Performance of Madras Sheet Glass Works.
Madras Sheet Glass Works Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 94.76% decrease. The company also saw a substantial fall in profitability, with a 68.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.06%.
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What is the Ownership and Shareholding Structure of Madras Sheet Glass Works?
In 2023, Madras Sheet Glass Works had a promoter holding of 36.74% and a public holding of 63.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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R.V. Impex Private LimitedLalit Varshnei is a mutual person
Charges (Loans)
₹0
₹3.50 M
Charges Breakdown by Lending Institutions
- The Tamilnadu Ind. Investment Corp. Ltd. : 0.20 Cr
- The Tamil Nadu Ind. Investment Corp. Ltd. : 0.10 Cr
- United Commercial Bank : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 1981 | The Tamilnadu Ind. Investment Corp. Ltd. | ₹2.00 M | Satisfied |
| 29 Nov 1980 | The Tamil Nadu Ind. Investment Corp. Ltd. | ₹1.00 M | Satisfied |
| 13 Nov 1963 | United Commercial Bank | ₹0.50 M | Satisfied |
How Many Employees Work at Madras Sheet Glass Works?
Unlock and access historical data on people associated with Madras Sheet Glass Works, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Madras Sheet Glass Works, 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 Madras Sheet Glass Works's trajectory.
Rating
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
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.
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