Gujarat Borosil Limited - Company Profile

Q: Who are the current directors of Gujarat Borosil Limited?

The current directors of Gujarat Borosil Limited are Haigreve Khaitan, Pradeep Vasudeo Bhide, Ramaswami Velayudhan Pillai, Pradeep Kumar Kheruka, Ashok Jain, Shreevar Kheruka, Asif Syed Ibrahim, Shalini Kalsi Kamath, Kishor Haresh Talreja, Sunil Kishanlal Roongta, Raj Kumar Jain, Sunil Kishanlal Roongta, Kishor Harish Talreja.

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1988.

1988 Mumbai, Maharashtra, India Amalgamated

Last Updated: June 24, 2025

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About Gujarat Borosil Limited

Gujarat Borosil Limited, a amalgamated public limited company, was established on 22 December 1988 in Mumbai, Maharashtra, India. Engaging in glass & products within the manufacturing sector, it holds CIN: L26100MH1988PLC316817. Registered under ROC Roc Mumbai. it is listed. It has an authorized capital of ₹150.00 Cr and a paid-up capital of ₹124.10 Cr.

Formerly known as Gujarat Window Glass Limited. It upholds a compliant status. In 2018, it reported revenue of ₹203.32 Cr and a net worth of ₹68.91 Cr. Employing 763 professional, Its leadership includes Haigreve Khaitan (Director), Pradeep Vasudeo Bhide (Director), Ramaswami Velayudhan Pillai (Whole-Time Director). Past directors included Vishnu Atmaram Gore, Arun Kumar, Haigreve Khaitan. It holds no open charges and ₹99.25 Cr settled loans. Its latest AGM occurred on 08 August 2018, with the balance sheet filed on 31 March 2018. It is based at 1101, Crescenzo, G-Block Opp. Mca Club, Bandra Kurla Complex, Ban, Dra (East), Mumbai, Maharashtra, 400051.

Company Details

CIN/LLPIN
L26100MH1988PLC316817
Registration Number
316817
Incorporation Date
22 December 1988
Authorized Capital
₹150.00 Cr
Paid-Up Capital
₹124.10 Cr
ROC Code
Roc Mumbai
Listing Status
Listed
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 150.00 Cr as on 24-06-2025
Paid Up Capital ₹ 124.10 Cr as on 24-06-2025
Company Age 37 Year, 2 Months
Last Filing with ROC 31 Mar 2018
Satisfied Charges ₹ 99.25 Cr as on 24-06-2025
Revenue Growth **** 3.97% (FY 2018)
Profit Growth **** -51.56% (FY 2018)
Ebitda **** -12.46% (FY 2018)
Net Worth 11.24% (FY 2018)
Total Assets **** 3.08% (FY 2018)

Comprehensive Company Insights

Explore comprehensive insights into Gujarat Borosil 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 Gujarat Borosil Limited?

Current Directors

Name	Designation	Appointment Date	Status
Haigreve Khaitan	Director	03 Apr 2019	Current
Pradeep Vasudeo Bhide	Director	01 Apr 2019	Current
Ramaswami Velayudhan Pillai	Whole-Time Director	01 Apr 2018	Current
Pradeep Kumar Kheruka	Director	22 Dec 1988	Current
Ashok Jain	Whole-Time Director	03 Jan 2003	Current
Shreevar Kheruka	Director	18 Sep 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Dec 2009	Past
Pramod Abcsdd	Company Secretary	30 Nov 2012	Past
Pramod Abcsdd	Additional Director	26 Dec 2019	Past
Pramod Abcsdd	Additional Director	26 Dec 2019	Past
Pramod Abcsdd	Additional Director	08 Aug 2018	Past
Pramod Abcsdd	Managing Director	31 Jul 2008	Past

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Financial Performance of Gujarat Borosil.

Gujarat Borosil Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 3.97% increase. The company also saw a substantial fall in profitability, with a 51.56% decrease in profit. The company's net worth Soared by an impressive increase of 11.24%.

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

********

3.97%

*******

Revenue from Operations

*******

6.10%

*******

Total Assets

*******

3.08%

*******

Profit or Loss

*******

-51.56%

*******

Net Worth

*******

11.24%

*******

EBITDA

*******

-12.46%

*******

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What is the Ownership and Shareholding Structure of Gujarat Borosil?

In 2018, Gujarat Borosil had a promoter holding of 74.95% and a public holding of 25.04%. The company had 1 Associate company. 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

₹0

Satisfied Charges

₹992,475,000.00

Charges Breakdown by Lending Institutions

Bank Of Baroda : 88.86 Cr
Union Bank Of India : 5.40 Cr
State Bank Of India : 3.00 Cr
The Industrial Credit & Investment Corporation Of India Ltd. : 1.99 Cr
Industrial Finance Corporation Of India : 0.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Sep 2014	Bank Of Baroda	₹2.00 Cr	Satisfied
18 May 2010	Union Bank Of India	₹5.40 Cr	Satisfied
11 Feb 2009	Bank Of Baroda	₹33.00 Cr	Satisfied
26 Dec 2008	Bank Of Baroda	₹36.10 Cr	Satisfied
18 Jan 1999	State Bank Of India	₹0.00	Satisfied

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How Many Employees Work at Gujarat Borosil?

Gujarat Borosil has a workforce of 763 employees as of Apr 08, 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 Gujarat Borosil, 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 Gujarat Borosil'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 Gujarat Borosil

Recent Activity within the Organization

Director Appointment

The activity Haigreve Khaitan was appointed as a Director was appointed as a Director on 03 Apr 2019 & has been associated with this company since 6 years 11 months . was completed.
03 Apr 2019
Director Appointment

The activity Asif Syed Ibrahim was appointed as a Director was appointed as a Director on 03 Apr 2019 & has been associated with this company since 6 years 11 months . was completed.
03 Apr 2019
Director Appointment

Pradeep Vasudeo Bhide was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 6 years 11 months . was recorded as a recent event.
01 Apr 2019
Director Appointment

The activity Raj Kumar Jain was appointed as a Director was appointed as a Director on 07 Feb 2019 & has been associated with this company since 7 years 1 month . was completed.
07 Feb 2019
Director Appointment

The activity Shreevar Kheruka was appointed as a Director was appointed as a Director on 18 Sep 2018 & has been associated with this company since 7 years 6 months . was completed.
18 Sep 2018
Annual General Meeting

Progress on Gujarat Borosil Limited last Annual general meeting of members was held on 08 Aug 2018 as per latest MCA records. was documented.
08 Aug 2018

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