MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-27-0002072
Paras Glass Ware Private Limited - manufacturing in Firozabad, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹173.23 Cr
▼ 6% YoY
Net profit · FY 2024
₹14.41 Cr
Net margin 8.3%
EBITDA · FY 2024
₹22.44 Cr
EBITDA margin 13%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.9 Cr
Issued & subscribed
Open charges
₹33.05 Cr
Satisfied ₹51.13 Cr
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
About Paras Glass Ware Private Limited
Data last updated:
Paras Glass Ware Private Limited is a private limited company based in Firozabad, Uttar Pradesh, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 13 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U26102UP2002PTC026739. Its GSTIN is 09AACCP8075H1Z2 (Uttar Pradesh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.9 Cr. It is led by directors Sanjay Prakash Mittal and Ekta Mittal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/O Paras Glass Ware Private Limited Village – Dholpura Agra Road, Firozabad, Uttar Pradesh, India – 283203.
As per the financials filed for FY 2024, the company reported a revenue of ₹173.23 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹14.41 Cr (net margin 8.3%) and EBITDA of ₹22.44 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹33.05 Cr and satisfied charges of ₹51.13 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.59 Cr; the latest was in January 2021.
Paras Glass Ware Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-27-0002072). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fmglass.com.
Company details
CIN U26102UP2002PTC026739
Registration Number 026739
Incorporation Date 13 June 2002
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-27-0002072
Recognitions & Rankings of Paras Glass Ware
Contact details
Paras Glass Ware Private Limited's registered office is in Firozabad, Uttar Pradesh. Its website is fmglass.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O Paras Glass Ware Private Limited Village – Dholpura Agra Road, Firozabad, Uttar Pradesh, India – 283203
- IndustryManufacturing, Glass & Products
To see the full contact details of Paras Glass Ware Private Limited, buy the company report.
Comprehensive company report
Paras Glass Ware 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
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Business activity
The main business activity of Paras Glass Ware is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Paras Glass Ware Private Limited, buy the company report.
Financials of Paras Glass Ware Private Limited
FY 2024 filings availableParas Glass Ware Private Limited reported revenue of ₹173.23 Cr (down 6% YoY) for FY 2024.
Revenue · FY 2024
₹173.23 Cr ▼ 6%
Net profit · FY 2024
₹14.41 Cr margin 8.3%
EBITDA · FY 2024
₹22.44 Cr margin 13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 27%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 54%
5 years · compounded
▲ 20%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 28% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹173.23 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.41 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | 8.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Paras Glass Ware Private Limited, buy the company report.
Board of directors of Paras Glass Ware Private Limited
Paras Glass Ware has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Prakash Mittal | Director | 23 Jul 2004 | 22 Years 3 Months | Current |
| Ekta Mittal Also directs: Paarola Construction LLP, Raja Glass Industries LLP, Bankey Bihari Infra Promoters LLP and 5 more | Additional Director | 27 Mar 2021 | 5 Years 6 Months | Current |
Auditor
Paras Glass Ware Private Limited is audited by R P GOEL & COMPANY for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R P GOEL & COMPANY | FY 2024 | 000730C |
Shareholding
The shareholding of Paras Glass Ware Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paras Glass Ware Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.05 Cr
Satisfied charges
₹51.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2024 | 100961873 | Hdfc Bank Limited | ₹1.25 Cr | Open | |
| 30 May 2021 | 100474904 | Hdfc Bank Limited | ₹31.8 Cr | Open | |
| 27 Jul 2017 | 100118278 | Axis Bank Limited | ₹18.5 Cr | Satisfied | |
| 05 Mar 2011 | 10270220 | Oriental Bank of Commerce | ₹11.3 Cr | Satisfied | |
| 18 Oct 2007 | 10080820 | Others | ₹20.12 Cr | Satisfied |
To see the full charge records of Paras Glass Ware Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Paras Glass Ware Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.59 Cr; the latest was in January 2021.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹13.59 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Farukhi Glass Industries Private Limited , 3 individuals |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: S R Cables Private Limited , 3 individuals |
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: Farukhi Developers Private Limited Seller: Greka Marketing Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Farukhi Glass Industries Private Limited , Yogendra Prakash Mittal Huf Seller: F M Glass Industries Private Limited , an individual |
| Jan 2013 | Funding round | ₹8.06 Cr | Investors: Akashdeep Glass Industries Pvt Ltd , Ikon Housing Private Limited , 2 individuals |
To see the full deal history of Paras Glass Ware Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paras Glass Ware Private Limited has 6 court cases on record: 3 filed by Paras Glass Ware, 3 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Tata Chemicals Limited | Disposed |
| District court, Shimla, Himachal Pradesh | Court case (Summary Challan) | Filed against the company by State of HP | Pending |
| Allahabad High Court | Court case (WTAX) | Filed by the company against The State of U.P. Through Its Principal Secretary and Ors | Pending |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. and 2 Others and 2 others | Disposed |
| District court, Kannauj, Uttar Pradesh | Court case (M.v. Act) | Filed against the company by State | Disposed |
To see the full case history of Paras Glass Ware 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.
Credit ratings & regulatory alerts
Paras Glass Ware Private Limited was last rated by Crisil on 15 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 Dec 2020 |
To see the full credit ratings and regulatory alerts of Paras Glass Ware Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paras Glass Ware Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paras Glass Ware has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCP8075H1Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paras Glass Ware Private Limited, buy the company report.
Recent activity
Paras Glass Ware Private Limited has 8 board changes on record since 2004: 5 appointments and 3 cessations. The latest: Sheela Rani Mittal ceased to be Director on 21 Nov 2022.
AGM
Paras Glass Ware Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.25 Cr with Charge ID 100961873 was registered on 26 Jul 2024.
Filing
Paras Glass Ware Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Hdfc Bank Limited of Rs. 31.80 Cr registered on 30 May 2021 with Charge ID 100474904 was modified on 18 Mar 2024.
Ceased
Sheela Rani Mittal ceased to be Director.
Charges
A charge registered on 27 Jul 2017 via Charge ID 100118278 with Axis Bank Limited was fully satisfied on 29 Jul 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 31.80 Cr with Charge ID 100474904 was registered on 30 May 2021.
Appointed
Ekta Mittal was appointed as Additional Director.
Ceased
Sanjeev Prakash Mittal ceased to be Director.
Charges
A charge registered on 05 Mar 2011 via Charge ID 10270220 with Oriental Bank Of Commerce was fully satisfied on 17 Oct 2019.
Charges
A charge registered on 18 Oct 2007 via Charge ID 10080820 with Others was fully satisfied on 25 Feb 2019.
Charges
A charge with Axis Bank Limited of Rs. 18.50 Cr registered on 27 Jul 2017 with Charge ID 100118278 was modified on 12 Sep 2017.
17 earlier events are in the company report.
Frequently asked questions
Paras Glass Ware is an active private limited company based in Firozabad, Uttar Pradesh, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 13 June 2002 (24+ years old) and is registered under CIN U26102UP2002PTC026739.
Paras Glass Ware has 2 current directors:
- Sanjay Prakash Mittal - Director
- Ekta Mittal - Additional Director
The latest financial statements of Paras Glass Ware on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Paras Glass Ware is 09AACCP8075H1Z2, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Paras Glass Ware is U26102UP2002PTC026739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Glass Ware has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Paras Glass Ware was incorporated on 13 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kanpur.
Paras Glass Ware has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.59 Cr; the latest was in January 2021.
Sheela Rani Mittal ceased to be Director on 21 Nov 2022. Ekta Mittal was appointed as Additional Director on 27 Mar 2021. Sanjeev Prakash Mittal ceased to be Director on 27 Mar 2021. Paras Glass Ware has 8 board changes on record in total.
Yes, Paras Glass Ware is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-27-0002072).