Glaxon Engineering Company Private Limited
About Glaxon Engineering Company Private Limited
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Glaxon Engineering Company Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29130MH2003PTC139310. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rani Sebastian and Sebastian Joseph Kannukadan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.57 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹3.98 Lakh (net margin -111.7%) and EBITDA of -₹1.34 Lakh (EBITDA margin -37.5%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹60 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glaxon Engineering Company Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No 4 Gr Fl Nirman Indl Estate Coop Premises Soc Ltd Chincholi Bunder Link Road Ma, Lad(W), Mumbai, Maharashtra, India – 400064
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Glaxon Engineering Company 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 Glaxon Engineering Company is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Glaxon Engineering Company Private Limited, buy the company report.
Financials of Glaxon Engineering Company Private Limited
FY 2020 filings availableGlaxon Engineering Company Private Limited reported revenue of ₹3.57 Lakh (down 24% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 24% fall in the latest year. EBITDA fell 536% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.57 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.98 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.5% | ||||
| Net Profit Margin | -111.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Glaxon Engineering Company Private Limited, buy the company report.
Board of directors of Glaxon Engineering Company Private Limited
Glaxon Engineering Company has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rani Sebastian | Director | 24 Feb 2003 | 23 Years 8 Months | Current |
| Sebastian Joseph Kannukadan | Director | 24 Feb 2003 | 23 Years 8 Months | Current |
| Glaxon Sebastian Kannukkadan | Director | 25 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Glaxon Engineering Company Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Glaxon Engineering Company Private Limitedthis company | ₹3.57 Lakh (FY 2020) | -₹3.98 Lakh | -111.7% | -24.0% | Mumbai, Maharashtra, India | |
| Aar Gee Automation Private Limited | ₹3.55 Lakh (FY 2021) | 167.0% | Chandigarh, India | |||
| Vaibhav Body Builders and Fabricators Private Limited | ₹3.52 Lakh (FY 2019) | -84.0% | Nagpur, Maharashtra, India | |||
| MW Social Enterprise Private Limited | ₹3.49 Lakh (FY 2021) | -38.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Glaxon Engineering Company Private Limited, buy the company report.
Auditor
Glaxon Engineering Company Private Limited is audited by HARISH D SHETTY & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH D SHETTY & ASSOCIATES | FY 2020 | 120361W |
Shareholding
The shareholding of Glaxon Engineering Company Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glaxon Engineering Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2011 | 10292906 | Others | ₹20 Lakh | Satisfied | |
| 16 Feb 2008 | 10088275 | Vijaya Bank | ₹20 Lakh | Satisfied | |
| 16 Dec 2003 | 80022880 | Vijaya Bank | ₹10 Lakh | Satisfied | |
| 08 Apr 2003 | 90146449 | Vijay Bank; Goregoan (West) Branch Nalanda | ₹10 Lakh | Satisfied |
To see the full charge records of Glaxon Engineering Company Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Glaxon Engineering Company Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Bank of Baroda Through Pankaj Sureka | Disposed |
To see the full case history of Glaxon Engineering Company 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 Glaxon Engineering Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glaxon Engineering Company has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Glaxon Engineering Company Private Limited, buy the company report.
Recent activity
Glaxon Engineering Company Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Glaxon Sebastian Kannukkadan was appointed as Director on 25 Aug 2021.
4 earlier events are in the company report.
Frequently asked questions
Glaxon Engineering Company is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 February 2003 (23+ years old) and is registered under CIN U29130MH2003PTC139310.
Glaxon Engineering Company has 3 current directors:
- Rani Sebastian - Director
- Sebastian Joseph Kannukadan - Director
- Glaxon Sebastian Kannukkadan - Director
The latest financial statements of Glaxon Engineering Company on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Glaxon Engineering Company has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Glaxon Engineering Company is U29130MH2003PTC139310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glaxon Engineering Company has 1 court case on record: 1 filed against it.
Glaxon Engineering Company was incorporated on 24 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Glaxon Engineering Company by revenue are Aar Gee Automation Private Limited, Vaibhav Body Builders and Fabricators Private Limited, MW Social Enterprise Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Glaxon Sebastian Kannukkadan was appointed as Director on 25 Aug 2021. Rani Sebastian was appointed as Director on 24 Feb 2003. Sebastian Joseph Kannukadan was appointed as Director on 24 Feb 2003.
The registered office of Glaxon Engineering Company is at Unit No 4 Gr Fl Nirman Indl Estate Coop Premises Soc Ltd Chincholi Bunder Link Road Ma, LadW, Mumbai, Maharashtra, India – 400064.
Glaxon Engineering Company operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.