Owens-Corning (India) Private Limited

Founded in 1995 and headquartered in Maharashtra, India.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: November 26, 2024

Owens-Corning (India) Profile

Key Indicators

  • Authorised Capital ₹ 225.00 Cr
  • Paid Up Capital ₹ 130.81 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 601.30 Cr
  • Revenue Growth 2.47%
  • Profit Growth -18.52%
  • Ebitda -19.64%
  • Net Worth 9.99%
  • Total Assets -5.01%

About Owens-Corning (India)

Owens-Corning (India) Private Limited (OIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 July 1995 and has a history of 29 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Owens-Corning (India) 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 225.00 Cr and a paid-up capital of Rs 130.81 Cr.

The company has closed loans amounting to ₹601.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Owens-Corning (India) Private Limited India is Sachin Gaikwad as COMPANY SECRETARY. Dhananjay Tapasvi, Magan Pathak, and Jitendra Godse serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    owenscorningindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U73100MH1995PTC124707

  • Company No.

    124707

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 1995

  • Date of AGM

    13 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Owens-Corning (India) Private Limited offer?

Owens-Corning (India) Private Limited offers a wide range of products and services, including Fiber Glass Products, Fiberglass Products, Industrial Fabrics and Textiles, Industrial Fabric, Fiberglass Roving, Insulation Material, Fiberglass Insulation Material, Roofing and False ceiling, Roofing Shingles.

Who are the key members and board of directors at Owens-Corning (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Sachin Gaikwad Country flag representing In Company Secretary06-Aug-2019Current
Dhananjay Tapasvi Country flag representing Gb Managing Director27-Mar-2018Current

Board Members (2)

NameDesignationAppointment DateStatus
Magan Pathak Country flag representing In Director 09-Jun-2023Current
Jitendra Godse Country flag representing In Director 01-Apr-2024Current

Financial Performance of Owens-Corning (India).

Owens-Corning (India) Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 2.47% increase. The company also saw a substantial fall in profitability, with a 18.52% decrease in profit. The company's net worth moved up by a moderate rise of 9.99%.

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
2.47%
Revenue from Operations
1.10%
Total Assets
-5.01%
Profit or Loss
-18.52%
Net Worth
9.99%
EBITDA
-19.64%

What is the Ownership and Shareholding Structure of Owens-Corning (India)?

In 2024, Owens-Corning (India) 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

₹601.30 Cr

Charges Breakdown by Lending Institutions

  • The Bank Of Nova Scotia : 371.00 Cr
  • Hdfc Bank Limited : 94.30 Cr
  • Il & Fs Trust Company Limited : 33.80 Cr
  • Centurion Bank Of Punjab Limited : 25.00 Cr
  • Export -Import Bank Of India : 24.00 Cr
  • Others : 53.20 Cr

Latest Charge Details

DateLenderAmountStatus
03 Dec 2012Hdfc Bank Limited₹32.50 CrSatisfied
30 Mar 2009Hdfc Bank Limited₹40.80 CrSatisfied
04 Aug 2008Citibank N.A. Mumbai₹21.50 CrSatisfied
04 Sep 2007Citibank N.A.₹21.00 CrSatisfied
26 Feb 2007Centurion Bank Of Punjab Limited₹25.00 CrSatisfied

How Many Employees Work at Owens-Corning (India)?

Owens-Corning (India) has a workforce of 915 employees as of Nov 26, 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 Owens-Corning (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 Owens-Corning (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 Owens-Corning (India)

Recent activity within the organization

  • Annual General Meeting

    Owens-Corning (India) Private Limited last Annual general meeting of members was held on 13 Aug 2024 as per latest MCA records.

    13 Aug 2024

  • Director Appointment

    Jitendra Madhav Godse was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 23 days .

    01 Apr 2024

  • Balance Sheet

    Owens-Corning (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Magan Kumar Pathak was appointed as a Director was appointed as a Director on 09 Jun 2023 & has been associated with this company since 1 year 8 months .

    09 Jun 2023

  • Charges

    A charge registered on 03 Dec 2012 via Charge ID 10394333 with Hdfc Bank Limited was fully satisfied on 21 Sep 2020.

    21 Sep 2020

  • Director Appointment

    Sachin Ashok Gaikwad was appointed as a Company Secretary was appointed as a Company Secretary on 06 Aug 2019 & has been associated with this company since 5 years 6 months .

    06 Aug 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Owens-Corning (India) Private Limited was incorporated on 05 Jul 1995.

  • The authorized share capital of Owens-Corning (India) Private Limited is ₹ 225.00 Cr and paid-up capital is ₹ 130.81 Cr.

  • Currently 4 directors are associated with Owens-Corning (India) Private Limited.

    • Dhananjay Vishnu Tapasvi
    • Magan Kumar Pathak
    • Jitendra Madhav Godse
    • Sachin Ashok Gaikwad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Owens-Corning (India) Private Limited is 7Th Floor Alpha Building Hiranandani Gardens Powai, India, Mumbai, Maharashtra, 400076.

  • The corporate identification number (CIN) of Owens-Corning (India) Private Limited is U73100MH1995PTC124707 and the company number is 124707 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Owens-Corning (India) Private Limited is https://www.owenscorningindia.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Owens-Corning (India) Private Limited has risen by 2.47%.

  • As Per 2024 financial reports, 915 employees are currently employed by Owens-Corning (India) Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Owens-Corning (India) Private Limited has experienced an upsurge of 9.99%.

  • The most recent Balance Sheet for Owens-Corning (India) Private Limited was filed with the ROC on 31 Mar 2024.

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