Mahalakshmi Glass Works Private Limited

Manufacturer of glass containers ranging from 20ml to 3000 ml capacity for various clients.

1943 | Mumbai, Maharashtra (India) | Active
Last Updated: December 28, 2024

Mahalakshmi Glass Works Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 5.51 M
  • Company Age 82 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.03 M
  • Revenue Growth -98.60%
  • Profit Growth -235.94%
  • Ebitda -0.50%
  • Net Worth -35.58%
  • Total Assets -14.41%

About Mahalakshmi Glass Works

Mahalakshmi Glass Works Private Limited (MGWPL) was founded in India on 12 January 1943 and has a glorious history of 82 years and one month.Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as The Mahalakshmi Glass Works Private Limited. The Company is engaged in the Transport And Logistics 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 7.00 M and a paid-up capital of Rs 5.51 M.

The company currently has active open charges totaling ₹2.03 M.

Naresh Chand, Shashibala Chand, and Trilok Chand serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1943PTC003798

  • Company No.

    003798

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 1943

  • Date of AGM

    29 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Board Members (3)

NameDesignationAppointment DateStatus
Naresh Chand Country flag representing In Director 01-Apr-1971Current
Shashibala Chand Country flag representing In Director 19-Dec-1986Current
Trilok Chand Country flag representing In Director 19-Dec-1986Current

Financial Performance of Mahalakshmi Glass Works.

Mahalakshmi Glass Works Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.6% decrease. The company also saw a substantial fall in profitability, with a 235.94% decrease in profit. The company's net worth observed a substantial decline by a decrease of 35.58%.

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
-98.60%
Revenue from Operations
Total Assets
-14.41%
Profit or Loss
-235.94%
Net Worth
-35.58%
EBITDA
-0.50%

What is the Ownership and Shareholding Structure of Mahalakshmi Glass Works?

Unlock access to Mahalakshmi Glass Works's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.03 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Corporation Bank : 0.13 Cr
  • The Saraswat Co-Op Bank Ltd : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jul 1986The Saraswat Co-Op Bank Ltd₹0.76 MOpen
08 Feb 1986Corporation Bank₹1.28 MOpen

How Many Employees Work at Mahalakshmi Glass Works?

Mahalakshmi Glass Works has a workforce of 6 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 Mahalakshmi 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 Mahalakshmi Glass Works'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 Mahalakshmi Glass Works

Recent activity within the organization

  • Annual General Meeting

    Mahalakshmi Glass Works Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.

    29 Sep 2024

  • Balance Sheet

    Mahalakshmi Glass Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Shashibala Chand was appointed as a Director was appointed as a Director on 19 Dec 1986 & has been associated with this company since 38 years 2 months .

    19 Dec 1986

  • Director Appointment

    Trilok Chand was appointed as a Director was appointed as a Director on 19 Dec 1986 & has been associated with this company since 38 years 2 months .

    19 Dec 1986

  • Charges

    A charge with The Saraswat Co-Op Bank Ltd amounted to Rs. 0.76 M with Charge ID 90150073 was registered on 03 Jul 1986.

    03 Jul 1986

  • Charges

    A charge with Corporation Bank amounted to Rs. 1.28 M with Charge ID 90151348 was registered on 08 Feb 1986.

    08 Feb 1986

Frequently asked questions

  • Mahalakshmi Glass Works Private Limited was incorporated on 12 Jan 1943.

  • The authorized share capital of Mahalakshmi Glass Works Private Limited is ₹ 7.00 M and paid-up capital is ₹ 5.51 M.

  • Currently 3 directors are associated with Mahalakshmi Glass Works Private Limited.

    • Naresh Chand
    • Shashibala Chand
    • Trilok Chand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahalakshmi Glass Works Private Limited is Dr E Moses Roadjacob Circle India, Mumbai, Maharashtra, 400011.

  • The corporate identification number (CIN) of Mahalakshmi Glass Works Private Limited is U74999MH1943PTC003798 and the company number is 003798 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahalakshmi Glass Works Private Limited has fallen by -98.60%.

  • As Per 2023 financial reports, 6 employees are currently employed by Mahalakshmi Glass Works Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahalakshmi Glass Works Private Limited has experienced an downturn of -35.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahalakshmi Glass Works Private Limited amount to ₹ 2.03 M.

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

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