
Glass Building Systems (I) Private Limited
About Glass Building Systems (I) Private Limited
Data last updated:
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.
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- Registered AddressR/411 Ttc – MIDC Industrial Area Near Sai Prasad Hotel Rabale, Navi Mumbai, Maharashtra, India – 400701
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
Financials of Glass Building Systems (I) Private Limited FY 2025 filings available
Glass Building Systems (I) Private Limited reported revenue of ₹4.32 Lakh (down 88% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Glass Building Systems (I) Private Limited
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 of Glass Building Systems (I) Private Limited
| 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 of Glass Building Systems (I) Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Glass Building Systems (I) are in the company report.
Financial statements from 2015
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.
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 2 Months | Current |
Auditor Details of Glass Building Systems (I) Private Limited
Glass Building Systems (I) Private Limited is audited by MURARILAL AGRAWAL & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MURARILAL AGRAWAL & ASSOCIATES | 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.
Ownership and Shareholding of Glass Building Systems (I) 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 Glass Building Systems (I) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jul 2015 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹75 Lakh | Satisfied |
| 03 Jul 2015 | Others | ₹1.75 Cr | Satisfied |
| 21 Dec 2012 | Bank of India | ₹1.5 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Glass Building Systems (I) Private Limited
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 |
Full case history
All 13 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 Glass Building Systems (I) Private Limited
Employment history and EPFO contributions of people linked to Glass Building Systems (I).
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 Glass Building Systems (I) Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Glass Building Systems (I) 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 Glass Building Systems (I) 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 Glass Building Systems (I) 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 Glass Building Systems (I) Private Limited
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.
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 Glass Building Systems (I) 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 Glass Building Systems (I) Private Limited
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) reported revenue of ₹4.32 Lakh for FY 2021 (down 88% YoY).
Glass Building Systems (I) has 2 current directors:
- Chinmaya Trinath Maharana - Director
- Jaya Srinivas Suvarna - Director
Glass Building Systems (I) reported a net loss of ₹18.51 Lakh (net margin -428.9%) and EBITDA of -₹20.71 Lakh (EBITDA margin -479.8%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Glass Building Systems (I) is -83% over three years and -61% over five years. In the latest year (FY 2021) revenue fell 88%. CAGR is the steady yearly rate that links the first and the last year.
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.