Glasphago Private Limited
About Glasphago Private Limited
Data last updated:
Glasphago Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the toy manufacturing segment of the consumer goods sector. It was incorporated on 17 August 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32409MH2022PTC388665.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Payal Raje Kulkarni and Mihir Rajeev Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 304 Vicinia Tower F Cts 15A 15C 15D 15E Chandivali Village Saki Powai Road, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹53,058, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹6.69 Lakh and EBITDA of -₹5.88 Lakh.
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- Registered Address304 Vicinia Tower F Cts 15A 15C 15D 15E Chandivali Village Saki Powai Road, Mumbai, Maharashtra, India – 400072
- IndustryConsumer Goods, Toy Manufacturing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Glasphago Private Limited
The main business activity of Glasphago is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Glasphago Private Limited FY 2025 filings available
Glasphago Private Limited reported revenue of ₹53,058 (down 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Glasphago Private Limited
Revenue fell 83% in the latest year. EBITDA rose 51% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Glasphago Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹5.88 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.69 Lakh | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Glasphago Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Glasphago are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Glasphago Private Limited
Glasphago Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Toys Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GRV Kreations Private Limited | ₹1.01 Lakh (FY 2022) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Arooshi Enterprises Private Limited | ₹97,260 (FY 2024) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Plexus Product Design Private Limited | ₹93,000 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| B3d Toys India Private Limited | ₹62,370 (FY 2025) | •••• | •••• | -71.0% | •••• | Chennai, Tamil Nadu, India |
| Panam Aeromodelling Private Limited | ₹54,810 (FY 2023) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Glasphago Private Limited this company | ₹53,058 (FY 2025) | •••• | •••• | -83.0% | •••• | Mumbai, Maharashtra, India |
| Shareen Subbu Designs Private Limited | ₹50,000 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Craver Labs Private Limited | ₹50,000 (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Khelokudoo India Private Limited | ₹48,757 (FY 2025) | •••• | •••• | •••• | Hingna, Maharashtra, India | |
| Sashakt Toytech Private Limited | ₹45,611 (FY 2025) | •••• | •••• | -73.0% | •••• | Daund, Maharashtra, India |
| Novateur Gifts Private Limited | ₹38,685 (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Glasphago by revenue in the Consumer Products industry (Toys Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Glasphago Private Limited
Glasphago has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Raje Kulkarni | Director | 17 Aug 2022 | 4 Years 1 Months | Current |
| Mihir Rajeev Kulkarni | Director | 17 Aug 2022 | 4 Years 1 Months | Current |
Charges & Borrowings of Glasphago Private Limited
Glasphago Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Glasphago Private Limited
Employment history and EPFO contributions of people linked to Glasphago.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Glasphago Private Limited
Glasphago has one previous CIN (Corporate Identification Number): U36109MH2022PTC388665. The current CIN is U32409MH2022PTC388665, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32409MH2022PTC388665 | Current |
| U36109MH2022PTC388665 | Previous |
Recent Activity on Glasphago Private Limited
Glasphago Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Mihir Rajeev Kulkarni was appointed as Director on 17 Aug 2022.
Credit Ratings, Litigation & Regulatory Alerts for Glasphago Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Glasphago Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Glasphago Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Glasphago Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Glasphago Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Glasphago Private Limited
Glasphago is an active private limited company based in Mumbai, Maharashtra, India. The company works in toy manufacturing, within the consumer goods industry. It was incorporated on 17 August 2022 (4+ years old) and is registered under CIN U32409MH2022PTC388665.
Glasphago reported revenue of ₹53,058 for FY 2025 (down 83% YoY).
Glasphago has 2 current directors:
- Payal Raje Kulkarni - Director
- Mihir Rajeev Kulkarni - Director
Glasphago reported a net loss of ₹6.69 Lakh and EBITDA of -₹5.88 Lakh for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Glasphago is U32409MH2022PTC388665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glasphago was incorporated on 17 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Glasphago by revenue are GRV Kreations Private Limited, Arooshi Enterprises Private Limited, Plexus Product Design Private Limited, B3d Toys India Private Limited, Panam Aeromodelling Private Limited and 5 more, all in the Consumer Products industry (Toys Manufacturers).
Mihir Rajeev Kulkarni was appointed as Director on 17 Aug 2022. Payal Raje Kulkarni was appointed as Director on 17 Aug 2022.
The registered office of Glasphago is at 304 Vicinia Tower F Cts 15A 15C 15D 15E Chandivali Village Saki Powai Road, Mumbai, Maharashtra, India – 400072.
Glasphago has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh.
Glasphago operates in the consumer goods industry, in the toy manufacturing segment.