Goel Scientific Glass Works Limited - Company Profile

It is a manufacturing public limited company based in Vadodara, Gujarat, India, established in 1998.

1998 Vadodara, Gujarat, India Active

Last Updated: January 10, 2026

About Goel Scientific Glass Works Limited

Goel Scientific Glass Works Limited, a active public limited company, was established on 08 December 1998 in Vadodara, Gujarat, India. Engaging in glass & products within the manufacturing sector, it holds CIN: U26109GJ1998PLC035087. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹40.00 Cr and a paid-up capital of ₹33.50 Cr.

Formerly known as Goel Scientific Glass Works Private Limited. It upholds a compliant status. Employing 196 professional, Its leadership includes Vinayak Patankar Madhukar (Director), Mahesh Mithalal Doshi (Director), Jeevan Kumar Dogra (Director). Past directors included Dinesh Veljibhai Gohil, Vinayak Patankar Madhukar, Mahesh Mithalal Doshi. It holds ₹45.48 Cr open charges and ₹34.91 Cr settled loans. Its latest AGM occurred on 12 September 2025, with the balance sheet filed on 31 March 2025. It is based at C-31/A, Sardar Industrial Estate Ajwa Road, Vadodara, Gujarat, 390019.

Company Details

CIN/LLPIN
U26109GJ1998PLC035087
Registration Number
035087
Incorporation Date
08 December 1998
Authorized Capital
₹40.00 Cr
Paid-Up Capital
₹33.50 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 40.00 Cr as on 10-01-2026
Paid Up Capital ₹ 33.50 Cr as on 10-01-2026
Company Age 27 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 45.48 Cr as on 10-01-2026
Satisfied Charges ₹ 34.91 Cr as on 10-01-2026
Revenue Growth **** 29.60% (FY 2023)
Profit Growth **** -426.13% (FY 2023)
Ebitda **** -72.49% (FY 2023)
Net Worth -68.68% (FY 2023)
Total Assets **** 9.69% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Goel Scientific Glass Works Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Goel Scientific Glass Works Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vinayak Patankar Madhukar	Director	27 Apr 2023	Current
Mahesh Mithalal Doshi	Director	12 Feb 2024	Current
Jeevan Kumar Dogra	Director	27 Apr 2023	Current
Rajeshkumar Vimalkumar Agrawal	Director	27 Apr 2023	Current
Anupa Rajiv Sahney	Director	21 Dec 2023	Current
Swapnil Bhau Walunj	Whole-Time Director	14 Aug 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	10 Aug 2016	Past
Pramod Abcsdd	Additional Director	28 Nov 2023	Past
Pramod Abcsdd	Additional Director	26 Sep 2024	Past
Pramod Abcsdd	Director	15 Apr 2017	Past
Pramod Abcsdd	Additional Director	28 Nov 2023	Past
Pramod Abcsdd	Additional Director	28 Nov 2023	Past

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Financial Performance of Goel Scientific Glass Works.

Goel Scientific Glass Works Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.6% increase. The company also saw a substantial fall in profitability, with a 426.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 68.68%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

29.60%

*******

Revenue from Operations

*******

30.83%

*******

Total Assets

*******

9.69%

*******

Profit or Loss

*******

-426.13%

*******

Net Worth

*******

-68.68%

*******

EBITDA

*******

-72.49%

*******

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What is the Ownership and Shareholding Structure of Goel Scientific Glass Works?

In 2023, Goel Scientific Glass Works had a promoter holding of 78.27% and a public holding of 21.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹454,779,996.00

Satisfied Charges

₹349,135,945.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 45.05 Cr
Hdfc Bank Limited : 0.43 Cr

Latest Charge Details

Date	Lender	Amount	Status
06 Jan 2023	Hdfc Bank Limited	₹1.64 M	Open
19 Dec 2022	Hdfc Bank Limited	₹0.61 M	Open
04 Feb 2022	Hdfc Bank Limited	₹0.92 M	Open
24 Jan 2022	Hdfc Bank Limited	₹1.11 M	Open
18 Dec 2019	Axis Bank Limited	₹20.37 Cr	Open

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How Many Employees Work at Goel Scientific Glass Works?

Goel Scientific Glass Works has a workforce of 196 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Goel Scientific Glass Works, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Goel Scientific Glass Works's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Goel Scientific Glass Works

Recent Activity within the Organization

Annual General Meeting

Progress on Goel Scientific Glass Works Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was documented.
12 Sep 2025
Director Appointment

Sreejith Palekudy Sukumaran Kumar was appointed as a Director was appointed as a Director on 21 May 2025 & has been associated with this company since 9 months 10 days . was recorded as a recent event.
21 May 2025
Balance Sheet

Progress on Goel Scientific Glass Works Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

The activity Ankitkumar Hasmukhlal Bhatia was appointed as a Cfo was appointed as a Cfo on 11 Feb 2025 & has been associated with this company since 1 year 17 days . was completed.
11 Feb 2025
Charges

The activity A charge registered on 29 Apr 2019 via Charge ID 100282880 with Others was fully satisfied on 04 Oct 2024. was completed.
04 Oct 2024
Charges

The activity A charge registered on 29 Apr 2019 via Charge ID 100282883 with Others was fully satisfied on 04 Oct 2024. was completed.
04 Oct 2024

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