MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0027577
Mahek Glazes Private Limited
Mahek Glazes Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.76 Cr
▲ 11% YoY
Net profit · FY 2025
₹14.62 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹1.63 Cr
EBITDA margin 24.1%
Authorised capital
₹1.15 Cr
Registered with MCA
Paid-up capital
₹1.11 Cr
Issued & subscribed
Open charges
₹11.47 Cr
Secured borrowings
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
About Mahek Glazes Private Limited
Data last updated:
Mahek Glazes Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 11 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2002PTC041258. Its GSTIN is 24AACCC2883J1ZM (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.11 Cr. It was formerly known as Crystal Glazes Private Limited. It is led by directors Samir Kishorkumar Parekh and Sanjay Chaturbhai Fultariya.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.76 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹14.62 Lakh (net margin 2.2%) and EBITDA of ₹1.63 Cr (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹11.47 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending.
Mahek Glazes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0027577). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U26914GJ2002PTC041258
Registration Number 041258
Incorporation Date 11 September 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0027577
Recognitions & Rankings of Mahek Glazes
Contact details
Mahek Glazes Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address4/B Suryarath Apartment Opp. White House Nr. Bank Of India Panchvati Panch, Rasta, Ahmedabad, Gujarat, India – 380006
- IndustryManufacturing, Sanitaryware & Tile, Ceramics, Construction Materials
To see the full contact details of Mahek Glazes Private Limited, buy the company report.
Comprehensive company report
Mahek Glazes Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mahek Glazes is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Mahek Glazes Private Limited, buy the company report.
Financials of Mahek Glazes Private Limited
FY 2025 filings availableMahek Glazes Private Limited reported revenue of ₹6.76 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹6.76 Cr ▲ 11%
Net profit · FY 2025
₹14.62 Lakh margin 2.2%
EBITDA · FY 2025
₹1.63 Cr margin 24.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 36%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▲ 35%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 11% growth in the latest year. EBITDA rose 80% 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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| Total Expenses | |||||
| EBITDA | ₹1.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.62 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.1% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mahek Glazes Private Limited, buy the company report.
Board of directors of Mahek Glazes Private Limited
Mahek Glazes has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Kishorkumar Parekh | Director | 01 Feb 2005 | 21 Years 8 Months | Current |
| Sanjay Chaturbhai Fultariya | Additional Director | 31 Oct 2025 | 0 Years 11 Months | Current |
Auditor
Mahek Glazes Private Limited is audited by CHINTAN M SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINTAN M SHAH & ASSOCIATES | FY 2022 | 174411 |
Shareholding
The shareholding of Mahek Glazes Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahek Glazes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.47 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2024 | 100933594 | Others | ₹2.12 Cr | Open | |
| 26 Oct 2021 | 100500275 | Others | ₹7.4 Cr | Open | |
| 17 Jan 2006 | 80065700 | Central Bank of India | ₹1.95 Cr | Open |
To see the full charge records of Mahek Glazes Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mahek Glazes Private Limited has 5 court cases on record: 5 filed by Mahek Glazes. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1902-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Dealership and distribution of petroleum products.) | Filed by the company against Gail (India) Limited .. 809, Sakar-Ii, Opp. Town Hall, Near Elliabridge , District: Ahmedabad ,Ahmedabad , Gujarat and 1 other | Pending |
| High Court, GUJARAT | Appeal | Filed by the company against Gail (India) Ltd and 1 other | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Gail (India) Ltd and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Indo Borax & Chemicals Ltd. and 9 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 1 other | Disposed |
To see the full case history of Mahek Glazes 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 Mahek Glazes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahek Glazes has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCC2883J1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahek Glazes Private Limited, buy the company report.
Recent activity
Mahek Glazes Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Sanjay Chaturbhai Fultariya was appointed as Additional Director on 31 Oct 2025.
Appointed
Sanjay Chaturbhai Fultariya was appointed as Additional Director.
AGM
Mahek Glazes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahek Glazes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 2.12 Cr with Charge ID 100933594 was registered on 20 Apr 2024.
Charges
A charge with Others amounted to Rs. 7.40 Cr with Charge ID 100500275 was registered on 26 Oct 2021.
Charges
A charge with Central Bank Of India of Rs. 1.95 Cr registered on 17 Jan 2006 with Charge ID 80065700 was modified on 21 Nov 2012.
Charges
A charge with Central Bank Of India amounted to Rs. 1.95 Cr with Charge ID 80065700 was registered on 17 Jan 2006.
Appointed
Dipal Sameerbhai Parekh was appointed as Director.
Appointed
Samir Kishorkumar Parekh was appointed as Director.
Incorporation
11 Sep 2002
Mahek Glazes Private Limited was registered on 11 Sep 2002 with Roc Ahmedabad & aged 24 years 1 month as per MCA records.
Frequently asked questions
Mahek Glazes is an active private limited company based in Ahmedabad, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 11 September 2002 (24+ years old) and is registered under CIN U26914GJ2002PTC041258.
Mahek Glazes has 2 current directors:
- Samir Kishorkumar Parekh - Director
- Sanjay Chaturbhai Fultariya - Additional Director
The latest financial statements of Mahek Glazes 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 Mahek Glazes is 24AACCC2883J1ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahek Glazes is U26914GJ2002PTC041258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahek Glazes has 5 court cases on record: 5 filed by the company. 1 is pending. Most are in the high courts.
Mahek Glazes was incorporated on 11 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sanjay Chaturbhai Fultariya was appointed as Additional Director on 31 Oct 2025. Dipal Sameerbhai Parekh was appointed as Director on 01 Feb 2005. Samir Kishorkumar Parekh was appointed as Director on 01 Feb 2005.
Yes, Mahek Glazes is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0027577).
The registered office of Mahek Glazes is at 4B Suryarath Apartment Opp. White House Nr. Bank Of India Panchvati Panch, Rasta, Ahmedabad, Gujarat, India – 380006.