Piramal Glass Private Limited

A glass packaging company serving pharmaceutical, cosmetics, and food and beverage industries with global subsidiaries.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: December 12, 2024

Piramal Glass Profile

Key Indicators

  • Authorised Capital ₹ 97.00 Cr
  • Paid Up Capital ₹ 79.67 Cr
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4,901.03 Cr
  • Revenue Growth -95.76%
  • Profit Growth -100.21%
  • Ebitda -104.12%
  • Net Worth -0.15%
  • Total Assets -20.79%

About Piramal Glass

Piramal Glass Private Limited (PGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 February 1998 and has a history of 26 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Gujarat Glass 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 2023. It's a company limited by shares with an authorized capital of Rs 97.00 Cr and a paid-up capital of Rs 79.67 Cr.

The company has closed loans amounting to ₹4,901.03 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Piramal Glass Private Limited India is Haresh Painuly as COMPANY SECRETARY. Sunilkumar Adukia, Ajay Piramal, and Swati Piramal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28992MH1998PTC113433

  • Company No.

    113433

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Feb 1998

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Packaging

What products or services does Piramal Glass Private Limited offer?

Piramal Glass Private Limited offers a wide range of products and services, including Cosmetics, Hair & Beauty Products, Beauty Cosmetics, Colour Cosmetics, Steroid, Steroid Injections, Lacquer, Perfumes, Fragrance Perfume, Roll On Perfume, Paper, Plastic, PET, Shrink Sleeves.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Haresh Painuly Company Secretary28-Jul-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Ajay Piramal Country flag representing In Director 06-Feb-1998Current
Sunilkumar Adukia Country flag representing In Director 18-Aug-2022Current
Swati Piramal Country flag representing In Director 12-Mar-1998Current

Financial Performance of Piramal Glass.

Piramal Glass Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 95.76% decrease. The company also saw a substantial fall in profitability, with a 100.21% decrease in profit. The company's net worth dipped by a decrease of 0.15%.

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
-95.76%
Revenue from Operations
-98.44%
Total Assets
-20.79%
Profit or Loss
-100.21%
Net Worth
-0.15%
EBITDA
-104.12%

What is the Ownership and Shareholding Structure of Piramal Glass?

In 2022, Piramal Glass had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. 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

₹4,901.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 2015.00 Cr
  • Axis Bank Limited : 670.71 Cr
  • Central Bank Of India : 648.50 Cr
  • Hdfc Bank Limited : 304.45 Cr
  • Export-Import Bank Of India : 211.00 Cr
  • Others : 1051.37 Cr

Latest Charge Details

DateLenderAmountStatus
18 May 2021Others₹1,300.00 CrSatisfied
18 Oct 2019Axis Bank Limited₹100.00 CrSatisfied
23 Jul 2019Others₹100.00 CrSatisfied
20 Jul 2018Hdfc Bank Limited₹150.00 CrSatisfied
20 Jan 2017Axis Bank Limited₹102.00 CrSatisfied

How Many Employees Work at Piramal Glass?

Piramal Glass has a workforce of 3 employees as of Apr 02, 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 Piramal Glass, 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 Piramal Glass'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 Piramal Glass

Recent activity within the organization

  • Annual General Meeting

    Piramal Glass Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Charges

    A charge registered on 18 May 2021 via Charge ID 100449463 with Others was fully satisfied on 17 Aug 2023.

    17 Aug 2023

  • Balance Sheet

    Piramal Glass Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sunilkumar Jagdishprasad Adukia was appointed as a Director was appointed as a Director on 18 Aug 2022 & has been associated with this company since 2 years 5 months .

    18 Aug 2022

  • Director Appointment

    Haresh Jayendra Painuly was appointed as a Company Secretary was appointed as a Company Secretary on 28 Jul 2022 & has been associated with this company since 2 years 6 months .

    28 Jul 2022

  • Charges

    A charge registered on 31 Mar 1999 via Charge ID 90147275 with Allahabad Bank was fully satisfied on 19 Jan 2022.

    19 Jan 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Piramal Glass Private Limited was incorporated on 06 Feb 1998.

  • The authorized share capital of Piramal Glass Private Limited is ₹ 97.00 Cr and paid-up capital is ₹ 79.67 Cr.

  • Currently 4 directors are associated with Piramal Glass Private Limited.

    • Sunilkumar Jagdishprasad Adukia
    • Ajay Gopikisan Piramal
    • Swati Ajay Piramal
    • Haresh Jayendra Painuly
  • As per Ministry of Corporate Affairs (Mca), the registered address of Piramal Glass Private Limited is 4Th Floor Piramal Tower Annexe Ganpatrao Kadam Marg, Lower Parel India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Piramal Glass Private Limited is U28992MH1998PTC113433 and the company number is 113433 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Piramal Glass Private Limited is https://www.piramalglass.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Piramal Glass Private Limited has fallen by -95.76%.

  • As Per 2022 financial reports, 3 employees are currently employed by Piramal Glass Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Piramal Glass Private Limited has experienced an downturn of -0.15%.

  • The most recent Balance Sheet for Piramal Glass Private Limited was filed with the ROC on 31 Mar 2023.

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