MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-19-0167614
Glassics Designers Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2018
₹8.78 Cr
▲ 113% YoY
Net profit · FY 2018
₹10.25 Lakh
Net margin 1.2%
EBITDA · FY 2018
₹36.8 Lakh
EBITDA margin 4.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1.2 Cr
No open charges
Company age
14 yrs
Est. 2012
Employees · EPFO
2
Provident fund records
About Glassics Designers Private Limited
Data last updated:
Glassics Designers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 10 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2012PTC229421. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dharam Navin Gandhi and Kavita Dharamkumar Gandhi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Shop No 1A Guru Prasanna Chs St. Francis Road Vile Parle West, Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.78 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹10.25 Lakh (net margin 1.2%) and EBITDA of ₹36.8 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.2 Cr on record. Court records list 18 cases involving the company, including 18 filed against it; 2 cases are pending.
Glassics Designers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0167614). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website glassics.net.
Company details
CIN U51101MH2012PTC229421
Registration Number 229421
Incorporation Date 10 April 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0167614
Recognitions & Rankings of Glassics Designers
Contact details
Glassics Designers Private Limited's registered office is in Mumbai, Maharashtra. Its website is glassics.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No 1A Guru Prasanna Chs St. Francis Road Vile Parle West, Mumbai, Maharashtra, India – 400056
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Glassics Designers Private Limited, buy the company report.
Comprehensive company report
Glassics Designers 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Glassics Designers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Glassics Designers Private Limited, buy the company report.
Financials of Glassics Designers Private Limited
FY 2018 filings availableGlassics Designers Private Limited reported revenue of ₹8.78 Cr (up 113% YoY) for FY 2018.
Revenue · FY 2018
₹8.78 Cr ▲ 113%
Net profit · FY 2018
₹10.25 Lakh margin 1.2%
EBITDA · FY 2018
₹36.8 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 114%
EBITDA CAGR growth
1 year
▲ 124%
3 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 114% over three years, including 113% growth in the latest year. EBITDA rose 124% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹8.78 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹36.8 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹10.25 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.2% | |||
| Net Profit Margin | 1.2% | |||
| 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 Glassics Designers Private Limited, buy the company report.
Board of directors of Glassics Designers Private Limited
Glassics Designers has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharam Navin Gandhi | Director | 10 Apr 2012 | 14 Years 6 Months | Current |
| Kavita Dharamkumar Gandhi | Director | 10 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Glassics Designers Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M. L. Dealtrade Private Limited | ₹8.85 Cr (FY 2023) | 111.0% | Howrah, West Bengal, India | |||
| Prashant Sales Promotion Private Limited | ₹8.8 Cr (FY 2017) | 113.0% | Kolkata, West Bengal, India | |||
| Glassics Designers Private Limitedthis company | ₹8.78 Cr (FY 2018) | ₹10.25 Lakh | 1.2% | 113.0% | 2 | Mumbai, Maharashtra, India |
| Black Energy Private Limited | ₹8.78 Cr (FY 2024) | -87.0% | Alwar, Rajasthan, India | |||
| Centurion Energy (I) Private Limited | ₹8.76 Cr (FY 2025) | -59.0% | Nagpur, Maharashtra, India | |||
| Magnet Alloys Private Limited | ₹8.75 Cr (FY 2025) | 1.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Glassics Designers Private Limited, buy the company report.
Auditor
Glassics Designers Private Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | FY 2018 | 128216W |
Shareholding
The shareholding of Glassics Designers Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Glassics Designers Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2013 | 10449088 | Others | ₹1.2 Cr | Satisfied |
To see the full charge records of Glassics Designers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Glassics Designers Private Limited has 18 court cases on record: 18 filed against it. 2 cases are pending and 16 are disposed.
Total cases
18
Filed against the company
18
Pending
2
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 16 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Asahi India Glass Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Cholamandalam Investment and Finance Company Ltd Through Its Officer Mr Amitkumar Detke | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Suryoday Small Finance Bank Limited | Disposed |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Suryoday Small Finance Bank Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Suryoday Small Finance Bank Ltd | Disposed |
To see the full case history of Glassics Designers 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 Glassics Designers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glassics Designers Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Glassics Designers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Glassics Designers Private Limited, buy the company report.
Recent activity
Glassics Designers Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Dharam Navin Gandhi was appointed as Director on 10 Apr 2012.
Charges
A charge registered on 02 Aug 2013 via Charge ID 10449088 with Others was fully satisfied on 19 Jun 2019.
AGM
Glassics Designers Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Glassics Designers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai I.
Charges
A charge with Others of Rs. 120.00 Lakh registered on 02 Aug 2013 with Charge ID 10449088 was modified on 07 May 2016.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 10449088 was registered on 02 Aug 2013.
Appointed
Dharam Navin Gandhi was appointed as Director.
Appointed
Kavita Dharamkumar Gandhi was appointed as Director.
Incorporation
10 Apr 2012
Glassics Designers Private Limited was registered on 10 Apr 2012 with Roc Mumbai I & aged 14 years 6 months as per MCA records.
Frequently asked questions
Glassics Designers is an active private limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 10 April 2012 (14+ years old) and is registered under CIN U51101MH2012PTC229421.
Glassics Designers has 2 current directors:
- Dharam Navin Gandhi - Director
- Kavita Dharamkumar Gandhi - Director
The latest financial statements of Glassics Designers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Glassics Designers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Glassics Designers is U51101MH2012PTC229421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glassics Designers has 18 court cases on record: 18 filed against it. 2 are pending. Most are in the district courts.
Glassics Designers was incorporated on 10 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Glassics Designers by revenue are M. L. Dealtrade Private Limited, Prashant Sales Promotion Private Limited, Black Energy Private Limited, Centurion Energy (I) Private Limited, Magnet Alloys Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Dharam Navin Gandhi was appointed as Director on 10 Apr 2012. Kavita Dharamkumar Gandhi was appointed as Director on 10 Apr 2012.
Yes, Glassics Designers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0167614).
Glassics Designers can be reached through the website glassics.net. Its registered office is in Mumbai, Maharashtra, India.