- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0005598

About Shamvik Glasstech Private Limited
Data last updated:
Shamvik Glasstech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 04 May 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26100MH1973PTC016525. Its GSTIN is 27AABCS7896J1ZM (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.2 Cr. It is led by directors Madhavi Vikram Munshi and Raghav Vikram Munshi.
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 Off L B S Marg 249 Offbalrajeshawar Rd Ghatipada Rd Post Office 17796 Mulund, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.34 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹43.63 Lakh (net margin 2.8%) and EBITDA of ₹60.41 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 21% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shamvik Glasstech. As per MCA filings, the company has open charges of ₹1.1 Cr and satisfied charges of ₹107.57 Cr on record. Court records list 39 cases involving the company, including 13 filed by the company and 26 filed against it; 6 cases are pending.
Shamvik Glasstech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0005598). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shamvikglass.com.
Company details
Recognitions & Rankings of Shamvik Glasstech
Contact details
Shamvik Glasstech Private Limited's registered office is in Mumbai, Maharashtra. Its website is shamvikglass.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOff L B S Marg 249 Offbalrajeshawar Rd Ghatipada Rd Post Office 17796 Mulund, Mumbai, Maharashtra, India – 400080
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing, Industrial Tools & Components
To see the full contact details of Shamvik Glasstech 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
Brands
Shamvik Glasstech operates one associated brand: Shamvik Glasstech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Glass manufacturing equipment supply and services focused on I.S. machines and allied solutions. | shamvikglass.com |
Business activity
The main business activity of Shamvik Glasstech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Shamvik Glasstech Private Limited, buy the company report.
Financials of Shamvik Glasstech Private Limited
FY 2025 filings availableShamvik Glasstech Private Limited reported revenue of ₹15.34 Cr (up 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 59% growth in the latest year. EBITDA fell 41% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹60.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.63 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 Shamvik Glasstech Private Limited, buy the company report.
Board of directors of Shamvik Glasstech Private Limited
Shamvik Glasstech has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhavi Vikram Munshi Also directs: Shoreline Digisoft LLP, India Containers Ltd, General Glass Company Private Limited and 5 more | Director | 07 Nov 2023 | 2 Years 11 Months | Current |
| Raghav Vikram Munshi | Director | 15 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Shamvik Glasstech Private Limited is audited by SHAH AND TAPARIA for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH AND TAPARIA | FY 2024 | 109463W |
Shareholding
The shareholding of Shamvik Glasstech 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shamvik Glasstech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 1989 | 90231634 | Idbi Bank Ltd. | ₹1.1 Cr | Open | |
| 20 Oct 2011 | 10315338 | Small Industries Development Bank of India | ₹2 Cr | Satisfied | |
| 17 Oct 2011 | 10315959 | Union Bank of India | ₹16 Cr | Satisfied | |
| 17 Oct 2011 | 10315963 | Union Bank Ofindia | ₹33 Cr | Satisfied | |
| 29 Sep 2011 | 10309347 | Dhanlaxmi Bank Limited | ₹4.14 Cr | Satisfied |
To see the full charge records of Shamvik Glasstech Private Limited, buy the company report.
Total charge records: 33 View all charges
Legal cases
Shamvik Glasstech Private Limited has 39 court cases on record: 13 filed by Shamvik Glasstech, 26 filed against it. 6 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 19 | 2 |
| High courts | 14 | 7 | 3 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Hare Krishan Classic Car Cares Pvt. Ltd. | Disposed |
| District court, Firozabad, Uttar Pradesh | Interim or miscellaneous application | Filed against the company by Jupiter Glass Works Pvt Ltd. | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Union Bank of India | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Mars Petrochem Pvt. Ltd. | Disposed |
To see the full case history of Shamvik Glasstech 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 Shamvik Glasstech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shamvik Glasstech Private Limited has a workforce of 37 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Shamvik Glasstech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS7896J1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shamvik Glasstech Private Limited, buy the company report.
Recent activity
Shamvik Glasstech Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Sunil Agarwal ceased to be Director on 15 Jan 2024.
70 earlier events are in the company report.
Frequently asked questions
Shamvik Glasstech is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 04 May 1973 (53+ years old) and is registered under CIN U26100MH1973PTC016525.
Shamvik Glasstech has 2 current directors:
- Madhavi Vikram Munshi - Director
- Raghav Vikram Munshi - Director
The latest financial statements of Shamvik Glasstech 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 Shamvik Glasstech is 27AABCS7896J1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shamvik Glasstech is U26100MH1973PTC016525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shamvik Glasstech has 39 court cases on record: 13 filed by the company and 26 filed against it. 6 are pending. Most are in the district courts.
Shamvik Glasstech was incorporated on 04 May 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunil Agarwal ceased to be Director on 15 Jan 2024. Madhavi Vikram Munshi was appointed as Director on 07 Nov 2023. Rahul Vikram Munshi ceased to be Director on 12 May 2022. Shamvik Glasstech has 9 board changes on record in total.
Yes, Shamvik Glasstech is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0005598).
Shamvik Glasstech can be reached through the website shamvikglass.com. Its registered office is in Mumbai, Maharashtra, India.

