About Glasmac Private Limited
Data last updated:
Glasmac Private Limited is a private limited company based in Gambhirpura, Gujarat, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 20 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36900GJ2019PTC107725. Its GSTIN is 24AAHCG7872L1Z2 (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Dharmendrakumar Punjabhai Patel and Rashmikant Maganbhai Patel.
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 Survey No. 82/P At & Po. Gambhirpura Vavdi – Harsol Road Ta – Talod, Gujarat, India – 383305.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.06 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹11.7 Lakh (net margin 0.4%) and EBITDA of ₹4.81 Cr (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 638% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.95 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in July 2019. Its 10 peer companies in the Manufacturing industry (Glass Works) are compared by revenue, 5 larger and 5 smaller; the largest is Atr-Asahi Process Systems Private Limited.
For more details, the company can be reached via its website glasmac.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. 82/P At & Po. Gambhirpura Vavdi – Harsol Road Ta – Talod, Gujarat, India – 383305
- IndustryManufacturing, Glass & Products
- 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 Glasmac Private Limited
The main business activity of Glasmac is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Glasmac Private Limited FY 2025 filings available
Glasmac Private Limited reported revenue of ₹26.06 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Glasmac Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 638% over five years, including 3% growth in the latest year. EBITDA rose 46% 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 of Glasmac Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹26.06 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.81 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.7 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 Glasmac Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Glasmac are in the company report.
Financial statements from FY 2020
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 Glasmac Private Limited
Glasmac Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Glass Works). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atr-Asahi Process Systems Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Glasmac Private Limited this company | •••• | •••• | •••• | •••• | - | Gambhirpura, Gujarat, India |
| Arihant Safe Glass Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Galaxy Glass Products Private Limited | •••• | •••• | •••• | •••• | 27 | Sri Perumbadur, Tamil Nadu, India |
| Sunray Glass Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| JBSS Glass Private Limited | •••• | •••• | •••• | •••• | - | Cuttack, Orissa, India |
| Gefab Facade Solutions Private Limited | •••• | •••• | •••• | •••• | 61 | Trivandrum, Kerala, India |
| Shayona Glass Decor Private Limited | •••• | •••• | •••• | •••• | - | Jambusar, Gujarat, India |
| Agil Glass Industries Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ali Designers and Glazers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Wetuff Glasses Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
Peers are the five companies nearest above and the five nearest below Glasmac by revenue in the Manufacturing industry (Glass Works), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Glasmac Private Limited
Glasmac Private Limited is audited by Ashvin D. Patel & Co for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashvin D. Patel & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Glasmac Private Limited
Glasmac has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmendrakumar Punjabhai Patel | Director | 20 Apr 2019 | 7 Years 5 Months | Current |
| Rashmikant Maganbhai Patel | Director | 20 Apr 2019 | 7 Years 5 Months | Current |
| Ankitkumar Chhaganbhai Patel | Director | 20 Apr 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Glasmac Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Glasmac Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2025 | Others | ₹7.5 Cr | Open |
| 22 Oct 2019 | Others | ₹19.9 Cr | Open |
| 21 Oct 2019 | Others | ₹14.55 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Glasmac Private Limited
Glasmac Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in July 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2019 | Rights issue | ₹2.99 Cr | Investors: 4 individuals |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Glasmac Private Limited
Glasmac Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Banaskanth at Palanpur, Gujarat | Motor accident claim | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Glasmac Private Limited
Glasmac Private Limited has a workforce of 12 employees as of Oct 10, 2025.
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.
Recent Activity on Glasmac Private Limited
Glasmac Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ankitkumar Chhaganbhai Patel was appointed as Director on 20 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for Glasmac 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 Glasmac 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 Glasmac 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 Glasmac Private Limited
Glasmac has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCG7872L1Z2 | Gujarat | Active | 23 Jul 2019 |
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 Glasmac 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 Glasmac Private Limited
Glasmac is an active private limited company based in Gambhirpura, Gujarat, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 20 April 2019 (7+ years old) and is registered under CIN U36900GJ2019PTC107725.
Glasmac reported revenue of ₹26.06 Cr for FY 2025 (up 3% YoY).
Glasmac has 3 current directors:
- Dharmendrakumar Punjabhai Patel - Director
- Rashmikant Maganbhai Patel - Director
- Ankitkumar Chhaganbhai Patel - Director
Glasmac reported a net profit of ₹11.7 Lakh (net margin 0.4%) and EBITDA of ₹4.81 Cr (EBITDA margin 18.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Glasmac is 24% over three years and 638% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Glasmac is 24AAHCG7872L1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Glasmac is U36900GJ2019PTC107725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glasmac has 2 court cases on record: 2 filed against it.
Glasmac was incorporated on 20 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Glasmac has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in July 2019.
The peers of Glasmac by revenue are Atr-Asahi Process Systems Private Limited, Arihant Safe Glass Private Limited, Galaxy Glass Products Private Limited, Sunray Glass Private Limited, JBSS Glass Private Limited and 5 more, all in the Manufacturing industry (Glass Works).