MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0002820
Glassco India Private Limited - manufacturing in Meerut, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.3 Cr
▲ 40.14% YoY
Net loss · FY 2025
₹91.66 Lakh
Net margin -9.9%
EBITDA · FY 2025
₹61.84 Lakh
EBITDA margin 6.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.54 Lakh
Satisfied ₹2.13 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
80
Provident fund records
About Glassco India Private Limited
Data last updated:
Glassco India Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 07 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U33111UP2012PTC051850. Its GSTIN is 24AAKCA9101B1Z8 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Abhishek Glass International Private Limited. It is led by directors Puneet Jain and Gagan Bagga.
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 93 Patthar Walan Kanoon Goyan, Meerut, Uttar Pradesh, India – 250002.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.3 Cr. For the same year it recorded a net loss of ₹91.66 Lakh (net margin -9.9%) and EBITDA of ₹61.84 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 19% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.54 Lakh and satisfied charges of ₹2.13 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Glassco India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0002820). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abhishekglass.com.
Company Details of Glassco India Private Limited
CIN U33111UP2012PTC051850
Registration Number 051850
Incorporation Date 07 August 2012
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-25-0002820
Key People
Puneet Jain Director Gagan Bagga Director Recognitions & Rankings of Glassco India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address93 Patthar Walan Kanoon Goyan, Meerut, Uttar Pradesh, India – 250002
- IndustryManufacturing, Glass & Products
Comprehensive company report
Glassco India Private Limited - one report that includes everything
- 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
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Business Activity
The main business activity of Glassco India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Glassco India Private Limited
FY 2025 filings availableGlassco India Private Limited reported revenue of ₹9.3 Cr for FY 2025.
Revenue · FY 2025
₹9.3 Cr
Net loss · FY 2025
₹91.66 Lakh margin -9.9%
EBITDA · FY 2025
₹61.84 Lakh margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 6%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 27%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years. EBITDA fell 68% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹61.84 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹91.66 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.7% | |
| Net Profit Margin | -9.9% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Glassco India are in the company report.
: available in the company report
Board of Directors of Glassco India Private Limited
Glassco India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Jain | Director | 22 Nov 2022 | 3 Years 11 Months | Current |
| Gagan Bagga | Director | 22 Nov 2022 | 3 Years 11 Months | Current |
Peer Comparison
Glassco India Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mayur Glass Industries Limited | ₹9.55 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Schintler Glassware Private Limited | ₹9.53 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Kochi, Kerala, India |
| Glassco India Private Limited this company | ₹9.3 Cr (FY 2025) | •••• | •••• | •••• | Meerut, Uttar Pradesh, India | |
| MV Tempanes Private Limited | ₹9.13 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Roorkee, Uttarakhand, India |
Peers are the companies nearest to Glassco India by revenue, above and below it, in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Glassco India Private Limited is audited by PRABHAKAR AGARWAL & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRABHAKAR AGARWAL & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹10.54 Lakh
Satisfied charges
₹2.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2022 | Hdfc Bank Limited | ₹10.54 Lakh | Open |
| 29 Jul 2021 | Hdfc Bank Limited | ₹75 Lakh | Satisfied |
| 31 Mar 2021 | Others | ₹55.64 Lakh | Satisfied |
| 29 Aug 2020 | Axis Bank Limited | ₹50 Lakh | Satisfied |
| 07 Aug 2020 | Others | ₹4.08 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases
Glassco India Private Limited has 2 court cases on record: 1 filed by Glassco India, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by M/S Sagar Rubber Products Pvt.Ltd. Through Its Authorized Mr. Atulbhai Mansukhlal Mehta | Disposed |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Mediclone Biotech Pvt. Ltd. and 2 others | Disposed |
: available in 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.
Employees and EPFO Compliance
Glassco India Private Limited has a workforce of 80 employees as of Apr 06, 2024.
Employee count
80
Active EPFO establishments
1
Employee growth
175.86%
: available in the company report
Recent Activity
Glassco India Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Kanishk Agarwal ceased to be Director on 26 Nov 2022.
AGM
Glassco India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Glassco India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Ceased
Kanishk Agarwal ceased to be Director.
Ceased
Prashant Vijay ceased to be Director.
Appointed
Gagan Bagga was appointed as Director.
Appointed
Puneet Jain was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.54 Lakh with Charge ID 100678946 was registered on 23 Aug 2022.
Charges
A charge registered on 28 Mar 2018 via Charge ID 100167245 with Others was fully satisfied on 20 Jun 2022.
Charges
A charge registered on 07 Aug 2020 via Charge ID 100374857 with Others was fully satisfied on 17 Jun 2022.
Charges
A charge registered on 31 Mar 2021 via Charge ID 100443524 with Others was fully satisfied on 09 Jun 2022.
Charges
A charge registered on 29 Jul 2021 via Charge ID 100470492 with Hdfc Bank Limited was fully satisfied on 03 Jun 2022.
Ceased
Poonam Gorakhnath Sharma ceased to be Director.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Glassco India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA9101B1Z8 | Gujarat | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Glassco India is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 07 August 2012 (14+ years old) and is registered under CIN U33111UP2012PTC051850.
Glassco India has 2 current directors:
- Puneet Jain - Director
- Gagan Bagga - Director
The latest financial statements of Glassco India 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.
The GSTIN of Glassco India is 24AAKCA9101B1Z8, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Glassco India is U33111UP2012PTC051850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glassco India has 2 court cases on record: 1 filed by the company and 1 filed against it.
Glassco India was incorporated on 07 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Glassco India by revenue are Mayur Glass Industries Limited, Schintler Glassware Private Limited, MV Tempanes Private Limited, all in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Kanishk Agarwal ceased to be Director on 26 Nov 2022. Prashant Vijay ceased to be Director on 26 Nov 2022. Gagan Bagga was appointed as Director on 22 Nov 2022. Glassco India has 10 board changes on record in total.
Yes, Glassco India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0002820).
Glassco India can be reached through the website abhishekglass.com. Its registered office is in Meerut, Uttar Pradesh, India.