Glass Palace Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Chandigarh, Chandigarh, India, established in 2010.
2010 Chandigarh, Chandigarh, India Converted to LLP
Last Updated:
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About Glass Palace Private Limited

Glass Palace Private Limited, a converted to llp private limited company, was established on 08 October 2010 in Chandigarh, Chandigarh, India. Engaging in furniture retail & distribution within the consumer electronics & durables sector, it holds CIN: U36990CH2010PTC032498. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 3 professional, Its leadership includes Kanta Gupta (Director), Varun Gupta (Director). Past directors included Vikram Gupta, Kanta Gupta, Ajay Gupta. It holds no open charges and ₹13.35 Cr settled loans. Its latest AGM occurred on 20 April 2024, with the balance sheet filed on 31 March 2024. It is based at Sco 43, Madhya Marg Sector 7 C, Chandigarh, Chandigarh, 160019.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U36990CH2010PTC032498

  • Registration Number

    032498

  • Incorporation Date

    08 October 2010

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Converted to LLP

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 13.35 Cr
  • Revenue Growth **** 4.94%
  • Profit Growth **** -1.48%
  • Ebitda **** -61.42%
  • Net Worth -3.99%
  • Total Assets -11.75%
Company report

Glass Palace Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Glass Palace Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Glass Palace Private Limited?
Current Directors
Name Designation Appointment Date Status
Kanta Gupta Director 20 Mar 2015 Current
Varun Gupta Director 05 Dec 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2011 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Director 25 Nov 2017 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Additional Director 20 Mar 2015 Past

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Financial Performance of Glass Palace.

Glass Palace Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.94% increase. The company also saw a slight decrease in profitability, with a 1.48% decrease in profit. The company's net worth dipped by a decrease of 3.99%.

Glass Palace revenue growth over time
Glass Palace profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 4.94%
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -11.75%
*******
*******
*******
*******
Profit or Loss
*******
 -1.48%
*******
*******
*******
*******
Net Worth
*******
 -3.99%
*******
*******
*******
*******
EBITDA
*******
 -61.42%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Glass Palace?

In 2019, Glass Palace had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹133,515,820.00

Charges Breakdown by Lending Institutions
  • Future Capital Holdings Limited : 8.14 Cr
  • Canara Bank : 2.52 Cr
  • Capital First Limited : 2.29 Cr
  • State Bank Of Patiala : 0.40 Cr
Latest Charge Details
Date Lender Amount Status
03 Sep 2014 Capital First Limited ₹2.29 Cr Satisfied
22 Aug 2013 Canara Bank ₹5.20 M Satisfied
21 Jun 2013 Canara Bank ₹2.00 Cr Satisfied
24 Aug 2012 State Bank Of Patiala ₹4.00 M Satisfied
29 Mar 2012 Future Capital Holdings Limited ₹8.14 Cr Satisfied

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How Many Employees Work at Glass Palace?

Glass Palace has a workforce of 3 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Glass Palace, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Glass Palace's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Glass Palace
Recent Activity within the Organization
  • Annual General Meeting

    Glass Palace Private Limited last Annual general meeting of members was held on 20 Apr 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Glass Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was recorded as a recent event.

  • Charges

    The activity A charge registered on 22 Aug 2013 via Charge ID 10450368 with Canara Bank was fully satisfied on 13 Jun 2023. was completed.

  • Charges

    The activity A charge registered on 21 Jun 2013 via Charge ID 10437417 with Canara Bank was fully satisfied on 13 Jun 2023. was completed.

  • Charges

    Progress on A charge registered on 03 Sep 2014 via Charge ID 10522857 with Capital First Limited was fully satisfied on 26 Oct 2018. was documented.

  • Charges

    A charge registered on 29 Mar 2012 via Charge ID 10345523 with Future Capital Holdings Limited was fully satisfied on 26 Oct 2018. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Glass Palace Private Limited?

The CIN of Glass Palace Private Limited is U36990CH2010PTC032498.

Where is Glass Palace Private Limited headquartered?

Glass Palace Private Limited is headquartered at Sco 43, Madhya Marg Sector 7 C, Chandigarh, Chandigarh, 160019.

When was Glass Palace Private Limited incorporated?

Glass Palace Private Limited was incorporated on 08 October 2010.

Who are the current directors of Glass Palace Private Limited?

The current directors of Glass Palace Private Limited are

What is the primary industry of Glass Palace Private Limited?

The primary industry of Glass Palace Private Limited is Consumer Electronics & Durables.

Is Glass Palace Private Limited a listed company?

Glass Palace Private Limited is unlisted.

What is the capital structure of Glass Palace Private Limited?

The authorized capital of Glass Palace Private Limited is ₹1.00 Cr, and the paid-up capital is ₹0.10 M.

What is the compliance status of Glass Palace Private Limited?

The compliance status of Glass Palace Private Limited is Compliant.

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