About PG Glass Private Limited
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PG Glass Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 27 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36990MH2008PTC186228. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.79 Cr. It is led by directors Kamal Chawla and Ashish Mittal.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 111 Dhamji Shamji Industrial Complex 9 L B S Marg Kurla (West), Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2018, the company reported a revenue of ₹24.18 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.76 Cr and EBITDA of -₹89.47 Lakh (EBITDA margin -370%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
As per MCA filings, the company has open charges of ₹52.26 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website pragatiglass.com.
Company details
Contact details
PG Glass Private Limited's registered office is in Mumbai, Maharashtra. Its website is pragatiglass.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address111 Dhamji Shamji Industrial Complex 9 L B S Marg Kurla (West), Mumbai, Maharashtra, India – 400070
- IndustryManufacturing, Glass & Products
To see the full contact details of PG Glass 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 PG Glass 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 PG Glass Private Limited, buy the company report.
Financials of PG Glass Private Limited
FY 2018 filings availablePG Glass Private Limited reported revenue of ₹24.18 Lakh (up 195% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 195% growth 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹24.18 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹89.47 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.76 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -370% | |||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| 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 PG Glass Private Limited, buy the company report.
Board of directors of PG Glass Private Limited
PG Glass has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Chawla | Director | 10 Oct 2009 | 17 Years 0 Months | Current |
| Ashish Mittal | Additional Director | 08 Apr 2011 | 15 Years 6 Months | Current |
Peer comparison
PG Glass Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Rangkala Glass Design Private Limited | ₹28.39 Lakh (FY 2021) | -54.0% | Surat, Gujarat, India | |||
| Attitude Packaging Private Limited | ₹25.61 Lakh (FY 2024) | 50.0% | Hyderabad, Telangana, India | |||
| S G Glass Works Private Limited | ₹24.6 Lakh (FY 2025) | -38.0% | Chandrapur, Maharashtra, India | |||
| PG Glass Private Limitedthis company | ₹24.18 Lakh (FY 2018) | -₹1.76 Cr | 195.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of PG Glass Private Limited, buy the company report.
Auditor
PG Glass Private Limited is audited by ANAND SOMANI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND SOMANI & ASSOCIATES | FY 2018 | 121158W |
Shareholding
The shareholding of PG Glass Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of PG Glass Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2010 | 10204315 | Bank of Baroda | ₹26.13 Cr | Open | |
| 22 Jan 2010 | 10198190 | Bank of Baroda | ₹26.13 Cr | Open |
To see the full charge records of PG Glass Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
PG Glass Private Limited has 8 court cases on record: 1 filed by PG Glass, 7 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Commercial matter | Filed against the company by Oil and Natural Gas Corporation Ltd. | Pending |
| District court, Bharuch, Gujarat | Court case (CMA DC) | Filed against the company by Oil and Natural Gas Corporation Ltd. | Disposed |
| High Court of Gujarat | Arbitration matter | Filed against the company by M/S Oil and Natural Gas Corporation Ltd. | Disposed |
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by The State Shree J.V. Bodat | Disposed |
| District court, Bharuch, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of PG Glass 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 PG Glass Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
PG Glass has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of PG Glass Private Limited, buy the company report.
Recent activity
PG Glass Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Ashish Mittal ceased to be Additional Director on 11 Apr 2022.
3 earlier events are in the company report.
Frequently asked questions
PG Glass is an active private limited company based in Mumbai, Maharashtra, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 27 August 2008 (18+ years old) and is registered under CIN U36990MH2008PTC186228.
PG Glass has 2 current directors:
- Kamal Chawla - Director
- Ashish Mittal - Additional Director
The latest financial statements of PG Glass on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. PG Glass has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of PG Glass is U36990MH2008PTC186228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PG Glass has 8 court cases on record: 1 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
PG Glass was incorporated on 27 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of PG Glass by revenue are Shree Rangkala Glass Design Private Limited, Attitude Packaging Private Limited, S G Glass Works Private Limited, all in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Ashish Mittal ceased to be Additional Director on 11 Apr 2022. Nirmal Chawla ceased to be Additional Director on 30 Apr 2013. Subhash Chawla ceased to be Director on 30 Apr 2013. PG Glass has 8 board changes on record in total.
PG Glass can be reached through the website pragatiglass.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of PG Glass is at 111 Dhamji Shamji Industrial Complex 9 L B S Marg Kurla West, Mumbai, Maharashtra, India – 400070.