Glo-Tech Plastics Private Limited
About Glo-Tech Plastics Private Limited
Data last updated:
Glo-Tech Plastics 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 12 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25203MH2016PTC271997. Its GSTIN is 27AAGCG2292P1Z1 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Mehul Mahendra Suchde and Hardik Rohit Doshi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 23 – 25 Divya Darshan Apts Jagdusha Ngr R Range Ghatkopar W, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.11 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹59.63 Lakh (net margin -28.2%) and EBITDA of -₹40.06 Lakh (EBITDA margin -18.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 81% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glo-Tech Plastics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23 – 25 Divya Darshan Apts Jagdusha Ngr R Range Ghatkopar W, Mumbai, Maharashtra, India – 400086
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Glo-Tech Plastics 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 Glo-Tech Plastics 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 Glo-Tech Plastics Private Limited, buy the company report.
Financials of Glo-Tech Plastics Private Limited
FY 2021 filings availableGlo-Tech Plastics Private Limited reported revenue of ₹2.11 Cr (down 20% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 81%. EBITDA fell 281% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹40.06 Lakh | ||||
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| Net Profit (PAT) | -₹59.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -18.9% | ||||
| Net Profit Margin | -28.2% | ||||
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To see the full financial statements and ratios of Glo-Tech Plastics Private Limited, buy the company report.
Board of directors of Glo-Tech Plastics Private Limited
Glo-Tech Plastics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Mahendra Suchde Also directs: Global Colours and Chemicals Limited | Director | 12 Jan 2016 | 10 Years 9 Months | Current |
| Hardik Rohit Doshi Also directs: Man Chems Impex Private Limited | Director | 12 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Glo-Tech Plastics Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Supertech Tools and Components Private Limited | ₹2.12 Cr (FY 2025) | -29.0% | Idukki, Kerala, India | |||
| Glo-Tech Plastics Private Limitedthis company | ₹2.11 Cr (FY 2021) | -₹59.63 Lakh | -28.2% | -20.0% | Mumbai, Maharashtra, India | |
| Ardan Plastic Industries Private Limited | ₹2.11 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Bigbulls Buildchem Private Limited | ₹2.11 Cr (FY 2024) | -6.0% | Hisar, Haryana, India | |||
| Ab Flon Private Limited | ₹2.11 Cr (FY 2024) | -37.0% | New Delhi, Delhi, India |
To see the full peer comparison of Glo-Tech Plastics Private Limited, buy the company report.
Auditor
Glo-Tech Plastics Private Limited is audited by RITESH SATRAMANI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RITESH SATRAMANI & ASSOCIATES | FY 2019 | 131173W |
Shareholding
The shareholding of Glo-Tech Plastics Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Glo-Tech Plastics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glo-Tech Plastics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glo-Tech Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glo-Tech Plastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG2292P1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glo-Tech Plastics Private Limited, buy the company report.
Recent activity
Glo-Tech Plastics Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Hardik Rohit Doshi was appointed as Director on 12 Jan 2016.
Frequently asked questions
Glo-Tech Plastics 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 12 January 2016 (10+ years old) and is registered under CIN U25203MH2016PTC271997.
Glo-Tech Plastics has 2 current directors:
- Mehul Mahendra Suchde - Director
- Hardik Rohit Doshi - Director
The latest financial statements of Glo-Tech Plastics on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Glo-Tech Plastics is 27AAGCG2292P1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Glo-Tech Plastics is U25203MH2016PTC271997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glo-Tech Plastics was incorporated on 12 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Glo-Tech Plastics by revenue are Supertech Tools and Components Private Limited, Ardan Plastic Industries Private Limited, Bigbulls Buildchem Private Limited, Ab Flon 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).
Hardik Rohit Doshi was appointed as Director on 12 Jan 2016. Mehul Mahendra Suchde was appointed as Director on 12 Jan 2016.
The registered office of Glo-Tech Plastics is at 23 – 25 Divya Darshan Apts Jagdusha Ngr R Range Ghatkopar W, Mumbai, Maharashtra, India – 400086.
Glo-Tech Plastics operates in the manufacturing industry, in the plastic-based products segment.
The compliance status of Glo-Tech Plastics is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.
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