Glassiers Enterprise Private Limited
About Glassiers Enterprise Private Limited
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Glassiers Enterprise Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 03 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2013PTC250677. Its GSTIN is 27AAFCG4311E1Z1 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Fakhruddin Saifuddin Arsiwala and Murtuza Saifuddin Arsiwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.68 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Lakh (net margin 2.4%) and EBITDA of ₹4.89 Lakh (EBITDA margin 8.3%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 49% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glassiers Enterprise Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.11 – Unique Rashmi Shopping Centre Veer Chatrapati Shivaji Marg Agashi Roa, D Virar W, Mumbai, Maharashtra, India – 401303
- IndustryMetals and Minerals, Construction Materials Retail & Distribution, Materials Retail & Distribution
To see the full contact details of Glassiers Enterprise Private Limited, buy the company report.
- 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
Business activity
The main business activity of Glassiers Enterprise is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Glassiers Enterprise Private Limited, buy the company report.
Financials of Glassiers Enterprise Private Limited
FY 2024 filings availableGlassiers Enterprise Private Limited reported revenue of ₹58.68 Lakh (down 90% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 90% fall in the latest year. EBITDA fell 64% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.89 Lakh | ||||
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| Net Profit (PAT) | ₹1.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Glassiers Enterprise Private Limited, buy the company report.
Board of directors of Glassiers Enterprise Private Limited
Glassiers Enterprise has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fakhruddin Saifuddin Arsiwala Also directs: Arsiwala Constructions Private Limited | Director | 03 Dec 2013 | 12 Years 11 Months | Current |
| Murtuza Saifuddin Arsiwala Also directs: Arsiwala Constructions Private Limited | Director | 03 Dec 2013 | 12 Years 11 Months | Current |
| Zakirhusain Saifuddin Arsiwala Also directs: Arsiwala Constructions Private Limited | Director | 03 Dec 2013 | 12 Years 11 Months | Current |
| Rukhsana Saifuddin Arsiwala Also directs: Arsiwala Constructions Private Limited | Director | 12 Dec 2020 | 5 Years 10 Months | Current |
Auditor
Glassiers Enterprise Private Limited is audited by Diwan & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Diwan & Associates | FY 2016 |
Shareholding
The shareholding of Glassiers Enterprise Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Glassiers Enterprise Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glassiers Enterprise Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glassiers Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glassiers Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG4311E1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glassiers Enterprise Private Limited, buy the company report.
Recent activity
Glassiers Enterprise Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Rukhsana Saifuddin Arsiwala ceased to be Additional Director on 26 Nov 2021.
Frequently asked questions
Glassiers Enterprise is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 03 December 2013 (13+ years old) and is registered under CIN U74140MH2013PTC250677.
Glassiers Enterprise has 4 current directors:
- Fakhruddin Saifuddin Arsiwala - Director
- Murtuza Saifuddin Arsiwala - Director
- Zakirhusain Saifuddin Arsiwala - Director
- Rukhsana Saifuddin Arsiwala - Director
The latest financial statements of Glassiers Enterprise on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Glassiers Enterprise is 27AAFCG4311E1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Glassiers Enterprise is U74140MH2013PTC250677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glassiers Enterprise was incorporated on 03 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Rukhsana Saifuddin Arsiwala ceased to be Additional Director on 26 Nov 2021. Rukhsana Saifuddin Arsiwala was appointed as Director on 12 Dec 2020. Saifuddin Mohammadali Arsiwala ceased to be Director on 18 Sep 2020. Glassiers Enterprise has 6 board changes on record in total.
The registered office of Glassiers Enterprise is at Shop No.11 – Unique Rashmi Shopping Centre Veer Chatrapati Shivaji Marg Agashi Roa, D Virar W, Mumbai, Maharashtra, India – 401303.
Glassiers Enterprise operates in the metals and minerals industry, in the construction materials retail and distribution segment.
The compliance status of Glassiers Enterprise is compliant as of 18 September 2026. The company is actively filing with the Registrar of Companies.
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