Swastik Glass Private Limited

Retail trading of construction material and flat glass since 2006, based in Karnataka.

2006 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Swastik Glass Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.55 M
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.34 Cr
  • Satisfied Charges ₹ 4.75 Cr
  • Revenue Growth 14.97%
  • Profit Growth 65.77%
  • Ebitda 34.91%
  • Net Worth 15.74%
  • Total Assets -3.64%

About Swastik Glass

Swastik Glass Private Limited (SGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 April 2006 and has a history of 18 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 3.55 M.

The company currently has active open charges totaling ₹6.34 Cr. The company has closed loans amounting to ₹4.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandra Rekha and Ambalal Jain serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26101KA2006PTC038998

  • Company No.

    038998

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

What products or services does Swastik Glass Private Limited offer?

Swastik Glass Private Limited offers a wide range of products and services, including Insulators & Insulation Materials, Insulated Glass, Stained, Etched & Laminated Glass, Fire Resistant Glass, Laminated Glass, Decorative Glass, Staircase, Balusters and Stair Parts, Staircase, Heat Strengthened Glass, Sheet Glass.

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

Executive Team (1)

Name Designation Appointment Date Status
Ambalal Jain Country flag representing In Managing Director 17-Apr-2006 Current

Board Members (1)

Name Designation Appointment Date Status
Chandra Rekha Country flag representing In Director 17-Apr-2006 Current

Financial Performance of Swastik Glass.

Swastik Glass Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.97% increase. The company also saw a substantial improvement in profitability, with a 65.77% increase in profit. The company's net worth Soared by an impressive increase of 15.74%.

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
14.97%
Revenue from Operations
14.98%
Total Assets
-3.64%
Profit or Loss
65.77%
Net Worth
15.74%
EBITDA
34.91%

What is the Ownership and Shareholding Structure of Swastik Glass?

In 2023, Swastik Glass had a promoter holding of 64.21% and a public holding of 35.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63.42 M

Satisfied Charges

₹47.50 M

Charges Breakdown by Lending Institutions

  • Others : 6.34 Cr

Latest Charge Details

Date Lender Amount Status
29 Jul 2010 Others ₹6.34 Cr Open
28 May 2009 Axis Bank Limited ₹2.50 Cr Satisfied
29 May 2007 Standard Chartered Bank ₹2.25 Cr Satisfied

How Many Employees Work at Swastik Glass?

Swastik Glass has a workforce of 3 employees as of Mar 29, 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 Swastik 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 Swastik 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 Swastik Glass

Recent activity within the organization

  • Annual General Meeting

    Swastik Glass Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Swastik Glass Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 63.42 M registered on 29 Jul 2010 with Charge ID 10239369 was modified on 12 Jan 2021.

    12 Jan 2021

  • Charges

    A charge registered on 28 May 2009 via Charge ID 10164505 with Axis Bank Limited was fully satisfied on 10 Dec 2010.

    10 Dec 2010

  • Charges

    A charge with Others amounted to Rs. 63.42 M with Charge ID 10239369 was registered on 29 Jul 2010.

    29 Jul 2010

  • Charges

    A charge registered on 29 May 2007 via Charge ID 10055420 with Standard Chartered Bank was fully satisfied on 19 Jun 2009.

    19 Jun 2009

Frequently asked questions

  • Swastik Glass Private Limited was incorporated on 17 Apr 2006.

  • The authorized share capital of Swastik Glass Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.55 M.

  • Currently 2 directors are associated with Swastik Glass Private Limited.

    • Chandra Rekha
    • Ambalal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swastik Glass Private Limited is No. 36/4, First Floor Vasvi Temple Road India, Bangalore South, Karnataka, 560004.

  • The corporate identification number (CIN) of Swastik Glass Private Limited is U26101KA2006PTC038998 and the company number is 038998 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swastik Glass Private Limited has risen by 14.97%.

  • As Per 2023 financial reports, 3 employees are currently employed by Swastik Glass Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swastik Glass Private Limited has experienced an upsurge of 15.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swastik Glass Private Limited amount to ₹ 6.34 Cr.

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

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