Glasmech Innovations Private Limited
About Glasmech Innovations Private Limited
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Glasmech Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 30 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2005PTC036418. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Praveen Kota Nayak and Rajendrapura Chikka Mayigaiah Prashanth.
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 No.57 Madhava Kripa 8 Thcross 4th Main Malleswaram Bangalaore., Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2017, the company reported a revenue of ₹11.28 Lakh. For the same year it recorded a net profit of ₹11,043 (net margin 1%) and EBITDA of ₹26,054 (EBITDA margin 2.3%).
As per MCA filings, the company has open charges of ₹5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glasmech Innovations Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.57 Madhava Kripa 8 Thcross 4th Main Malleswaram Bangalaore., Bangalore, Karnataka, India – 560003
- IndustryElectrical, Electrical Equipment, Transport Equipment, General Purpose And Special Purpose Machinery & Equipment
To see the full contact details of Glasmech Innovations 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
Financials of Glasmech Innovations Private Limited
FY 2025 filings availableGlasmech Innovations Private Limited reported revenue of ₹11.28 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹11.28 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹26,054 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹11,043 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.3% | ||
| Net Profit Margin | 1% | ||
| 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 | |||
To see the full financial statements and ratios of Glasmech Innovations Private Limited, buy the company report.
Board of directors of Glasmech Innovations Private Limited
Glasmech Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendrapura Chikka Mayigaiah Prashanth Also directs: Hamilton Scientific Apparatus Private Limited | Additional Director | 07 Aug 2021 | 5 Years 2 Months | Current |
| Praveen Kota Nayak | Director | 30 May 2005 | 21 Years 5 Months | Current |
Auditor
Glasmech Innovations Private Limited is audited by PANDURANG SHENOY & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANDURANG SHENOY & CO | FY 2017 | 0008242S |
Shareholding
The shareholding of Glasmech Innovations Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Glasmech Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2018 | 100226602 | Canara Bank | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Glasmech Innovations 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 Glasmech Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glasmech Innovations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Glasmech Innovations Private Limited, buy the company report.
Recent activity
Glasmech Innovations Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Meenakshi Kamath Jagadish Chandra ceased to be Director on 09 Aug 2021.
Frequently asked questions
Glasmech Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 30 May 2005 (21+ years old) and is registered under CIN U31909KA2005PTC036418.
Glasmech Innovations has 2 current directors:
- Rajendrapura Chikka Mayigaiah Prashanth - Additional Director
- Praveen Kota Nayak - Director
The latest financial statements of Glasmech Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Glasmech Innovations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Glasmech Innovations is U31909KA2005PTC036418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glasmech Innovations was incorporated on 30 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Meenakshi Kamath Jagadish Chandra ceased to be Director on 09 Aug 2021. Rajendrapura Chikka Mayigaiah Prashanth was appointed as Additional Director on 07 Aug 2021. Satishchandra Kulor Kamath ceased to be Director on 02 Aug 2019. Glasmech Innovations has 4 board changes on record in total.
The registered office of Glasmech Innovations is at No.57 Madhava Kripa 8 Thcross 4th Main Malleswaram Bangalaore., Bangalore, Karnataka, India – 560003.
Glasmech Innovations operates in the electrical industry, in the electrical equipment segment.
Glasmech Innovations has open charges of ₹5 Lakh and no satisfied charges on record as per latest MCA filings.
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