Glass Building Systems (I) Private Limited
About Glass Building Systems (I) Private Limited
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Glass Building Systems (I) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 02 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2010PTC209733. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Sonalee Architectural Systems Private Limited. It is led by directors Chinmaya Trinath Maharana and Jaya Srinivas Suvarna.
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 R/411 Ttc – MIDC Industrial Area Near Sai Prasad Hotel Rabale, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.32 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹18.51 Lakh (net margin -428.9%) and EBITDA of -₹20.71 Lakh (EBITDA margin -479.8%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 61% over five years.
As per MCA filings, the company has satisfied charges of ₹4 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glass Building Systems (I) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressR/411 Ttc – MIDC Industrial Area Near Sai Prasad Hotel Rabale, Navi Mumbai, Maharashtra, India – 400701
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Glass Building Systems (I) 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 Glass Building Systems (I) Private Limited
FY 2025 filings availableGlass Building Systems (I) Private Limited reported revenue of ₹4.32 Lakh (down 88% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 88% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.32 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹20.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.51 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -479.8% | ||||
| Net Profit Margin | -428.9% | ||||
| 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 Glass Building Systems (I) Private Limited, buy the company report.
Board of directors of Glass Building Systems (I) Private Limited
Glass Building Systems (I) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinmaya Trinath Maharana | Director | 02 Nov 2010 | 15 Years 11 Months | Current |
| Jaya Srinivas Suvarna | Director | 31 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Glass Building Systems (I) Private Limited is audited by MURARILAL AGRAWAL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURARILAL AGRAWAL & ASSOCIATES | FY 2021 | 130696W |
Shareholding
The shareholding of Glass Building Systems (I) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Glass Building Systems (I) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2015 | 10583232 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹75 Lakh | Satisfied | |
| 03 Jul 2015 | 10583569 | Others | ₹1.75 Cr | Satisfied | |
| 21 Dec 2012 | 10398334 | Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of Glass Building Systems (I) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Glass Building Systems (I) Private Limited has 13 court cases on record: 13 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 3 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Archintex Architecturals Pvt. Ltd. Through Its Director Mr. Rakesh Sushilkumar Ghai | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Allarch India Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Archintex Architecturals Pvt. Ltd. Through Its Director Mr. Rakesh Sushilkumar Ghai | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Allarch India Pvt. Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Avon Tuff Glass Pvt Ltd | Disposed |
To see the full case history of Glass Building Systems (I) Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glass Building Systems (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glass Building Systems (I) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Glass Building Systems (I) Private Limited, buy the company report.
Recent activity
Glass Building Systems (I) Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Jaya Srinivas Suvarna was appointed as Director on 31 Jul 2018.
5 earlier events are in the company report.
Frequently asked questions
Glass Building Systems (I) is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 02 November 2010 (16+ years old) and is registered under CIN U45202MH2010PTC209733.
Glass Building Systems (I) has 2 current directors:
- Chinmaya Trinath Maharana - Director
- Jaya Srinivas Suvarna - Director
The latest financial statements of Glass Building Systems (I) 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. Glass Building Systems (I) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Glass Building Systems (I) is U45202MH2010PTC209733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glass Building Systems (I) has 13 court cases on record: 13 filed against it. 3 are pending.
Glass Building Systems (I) was incorporated on 02 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Jaya Srinivas Suvarna was appointed as Director on 31 Jul 2018. Alinawaz Moiz Pardiwala ceased to be Director on 16 Oct 2012. Vinay Baldev Khanna ceased to be Director on 16 Oct 2012. Glass Building Systems (I) has 7 board changes on record in total.
The registered office of Glass Building Systems (I) is at R411 Ttc – MIDC Industrial Area Near Sai Prasad Hotel Rabale, Navi Mumbai, Maharashtra, India – 400701.
Glass Building Systems (I) operates in the engineering industry, in the metal foundry and fabrication services segment.
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