About Glasso Pack Private Limited
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Glasso Pack Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 18 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25206MH1988PTC048137. Its GSTIN is 24AAACG2455N1ZK (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.11 Cr. It is led by directors including Sunil Shantilal Punamiya (Officer In Default) and Shantilal Sardarmal Punamiya.
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 A – 1 National Compound S. V. Road Near H.P. Petrol Pump Dahisar (East), Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.11 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹11.4 Lakh (net margin 0.3%) and EBITDA of ₹4.49 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.76 Cr and satisfied charges of ₹74.59 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glassopack.com.
Company details
Contact details
Glasso Pack Private Limited's registered office is in Mumbai, Maharashtra. Its website is glassopack.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 1 National Compound S. V. Road Near H.P. Petrol Pump Dahisar (East), Mumbai, Maharashtra, India – 400068
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Glasso Pack 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
Business activity
The main business activity of Glasso Pack is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Glasso Pack Private Limited, buy the company report.
Financials of Glasso Pack Private Limited
FY 2025 filings availableGlasso Pack Private Limited reported revenue of ₹44.11 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 2% growth in the latest year. EBITDA fell 13% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.49 Cr | ||||
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| Net Profit (PAT) | ₹11.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Glasso Pack Private Limited, buy the company report.
Board of directors of Glasso Pack Private Limited
Glasso Pack has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Shantilal Punamiya | Officer In Default | 01 Aug 2024 | 2 Years 2 Months | Current |
| Shantilal Sardarmal Punamiya | Director | 18 Jul 1988 | 38 Years 3 Months | Current |
| Surekha Sunil Punamiya | Director | 08 Aug 1989 | 37 Years 2 Months | Current |
| Rajesh Shantilal Punamia | Director | 08 Aug 1989 | 37 Years 2 Months | Current |
| Vinod Shantilal Punamiya | Director | 30 Apr 2016 | 10 Years 5 Months | Current |
Peer comparison
Glasso Pack Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Machinograph Polycontainers (India) Pvt Ltd | ₹44.58 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Climax Synthetics Pvt Ltd | ₹44.55 Cr (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Yasharyn Packaging Private Limited | ₹44.46 Cr (FY 2025) | 11.0% | Ludhiana, Punjab, India | |||
| Glasso Pack Private Limitedthis company | ₹44.11 Cr (FY 2025) | ₹11.4 Lakh | 0.3% | 2.0% | 63 | Mumbai, Maharashtra, India |
| Swift Technoplast Private Limited | ₹44.08 Cr (FY 2024) | 2.0% | Thane, Maharashtra, India | |||
| Bansal Plastopack Private Limited | ₹43.78 Cr (FY 2024) | 17.0% | Pune, Maharashtra, India |
To see the full peer comparison of Glasso Pack Private Limited, buy the company report.
Auditor
Glasso Pack Private Limited is audited by H. S. Sohony & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. S. Sohony & Co. | FY 2023 | 110330W |
Shareholding
The shareholding of Glasso Pack Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Glasso Pack Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2018 | 100189352 | Hdfc Bank Limited | ₹19.76 Cr | Open | |
| 17 Jul 2014 | 10510286 | Hdfc Bank Limited | ₹3 Cr | Satisfied | |
| 20 Dec 2013 | 10466805 | Hdfc Bank Limited | ₹13.35 Cr | Satisfied | |
| 22 May 2013 | 10428726 | Hdfc Bank Limited | ₹29.15 Cr | Satisfied | |
| 14 Feb 2013 | 10411679 | Oriental Bank of Commerce | ₹2.85 Cr | Satisfied |
To see the full charge records of Glasso Pack Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Glasso Pack Private Limited has 1 court case on record: 1 filed by Glasso Pack. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Daman, Diu and Daman | Criminal miscellaneous application | Filed by the company against State | Disposed |
To see the full case history of Glasso Pack 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 Glasso Pack Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glasso Pack Private Limited has a workforce of 63 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Glasso Pack has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG2455N1ZK | Gujarat | Active | 02 Sep 2017 |
| 26AAACG2455N1ZG | Daman & Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Glasso Pack Private Limited, buy the company report.
Recent activity
Glasso Pack Private Limited has 7 board changes on record since 1988: 5 appointments and 2 cessations. The latest: Sunil Shantilal Punamiya was appointed as Officer In Default on 01 Aug 2024.
22 earlier events are in the company report.
Frequently asked questions
Glasso Pack is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 18 July 1988 (38+ years old) and is registered under CIN U25206MH1988PTC048137.
Glasso Pack has 5 current directors:
- Shantilal Sardarmal Punamiya - Director
- Surekha Sunil Punamiya - Director
- Rajesh Shantilal Punamia - Director
- Vinod Shantilal Punamiya - Director
- Sunil Shantilal Punamiya - Officer In Default
The latest financial statements of Glasso Pack 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 Glasso Pack is 24AAACG2455N1ZK, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 26AAACG2455N1ZG (Daman & Diu).
The CIN (Corporate Identification Number) of Glasso Pack is U25206MH1988PTC048137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glasso Pack has 1 court case on record: 1 filed by the company.
Glasso Pack was incorporated on 18 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Glasso Pack by revenue are Machinograph Polycontainers (India) Pvt Ltd, Climax Synthetics Pvt Ltd, Yasharyn Packaging Private Limited, Swift Technoplast Private Limited, Bansal Plastopack Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sunil Shantilal Punamiya was appointed as Officer In Default on 01 Aug 2024. Rohan Sunil Punamiya ceased to be Additional Director on 30 Sep 2016. Vinod Shantilal Punamiya ceased to be Additional Director on 30 Sep 2016. Glasso Pack has 7 board changes on record in total.
Glasso Pack can be reached through the website glassopack.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Glasso Pack is at A – 1 National Compound S. V. Road Near H.P. Petrol Pump Dahisar East, Mumbai, Maharashtra, India – 400068.