MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-04-0012110
Shaswat Glass Solution Private Limited
Shaswat Glass Solution Private Limited - manufacturing in Palanpur, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.85 Cr
▲ 88% YoY
Net profit · FY 2024
₹12.02 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹1.95 Cr
EBITDA margin 19.8%
Authorised capital
₹3.51 Cr
Registered with MCA
Paid-up capital
₹3.25 Cr
Issued & subscribed
Open charges
₹10.77 Cr
Satisfied ₹7.85 Cr
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Shaswat Glass Solution Private Limited
Data last updated:
Shaswat Glass Solution Private Limited is a private limited company based in Palanpur, Gujarat, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 25 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26109GJ2021PTC125861. Its GSTIN is 24ABGCS9229M1ZS (Gujarat).
The company has an authorised share capital of ₹3.51 Cr and a paid-up capital of ₹3.25 Cr. It is led by directors Kantibhai Nathabhai Salvi and Dipakbhai Babubhai Mevada.
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 3 City Light Residency Akesan Road, Palanpur, Gujarat, India – 385001.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.85 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹12.02 Lakh (net margin 1.2%) and EBITDA of ₹1.95 Cr (EBITDA margin 19.8%).
As per MCA filings, the company has open charges of ₹10.77 Cr and satisfied charges of ₹7.85 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.24 Cr; the latest was in September 2022.
Shaswat Glass Solution Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-04-0012110).
Company details
CIN U26109GJ2021PTC125861
Registration Number 125861
Incorporation Date 25 September 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-GJ-04-0012110
Recognitions & Rankings of Shaswat Glass Solution
Contact details
Shaswat Glass Solution Private Limited's registered office is in Palanpur, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 City Light Residency Akesan Road, Palanpur, Gujarat, India – 385001
- IndustryManufacturing, Glass & Products
To see the full contact details of Shaswat Glass Solution Private Limited, buy the company report.
Comprehensive company report
Shaswat Glass Solution 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 Shaswat Glass Solution 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 Shaswat Glass Solution Private Limited, buy the company report.
Financials of Shaswat Glass Solution Private Limited
FY 2025 filings availableShaswat Glass Solution Private Limited reported revenue of ₹9.85 Cr (up 88% YoY) for FY 2024.
Revenue · FY 2024
₹9.85 Cr ▲ 88%
Net profit · FY 2024
₹12.02 Lakh margin 1.2%
EBITDA · FY 2024
₹1.95 Cr margin 19.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 88%
EBITDA CAGR growth
1 year
▲ 80%
Revenue rose 88% in the latest year. EBITDA rose 80% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹1.95 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹12.02 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 19.8% | ||
| Net Profit Margin | 1.2% | ||
| 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 Shaswat Glass Solution Private Limited, buy the company report.
Board of directors of Shaswat Glass Solution Private Limited
Shaswat Glass Solution has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kantibhai Nathabhai Salvi | Director | 25 Sep 2021 | 5 Years 1 Months | Current |
| Dipakbhai Babubhai Mevada | Director | 25 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Shaswat Glass Solution Private Limited is audited by TULSIYANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TULSIYANI & CO. | FY 2023 | 131097W |
Shareholding
The shareholding of Shaswat Glass Solution Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shaswat Glass Solution Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.77 Cr
Satisfied charges
₹7.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 May 2024 | 100908961 | Others | ₹10.77 Cr | Open | |
| 26 Mar 2022 | 100552143 | Others | ₹7.85 Cr | Satisfied |
To see the full charge records of Shaswat Glass Solution Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Shaswat Glass Solution Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.24 Cr; the latest was in September 2022.
Total deals
1
Funding round
1
Disclosed funding
₹3.24 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round | ₹3.24 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shaswat Glass Solution Private Limited has 4 court cases on record: 4 filed by Shaswat Glass Solution. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Banaskanth at Palanpur, Gujarat | Criminal complaint | Filed by the company against Akash Mishra Behalf of L. K. Enginiearing Company | Pending |
| District court, Banaskanth at Palanpur, Gujarat | Court case (CR EN) | Filed by the company against Akash Mishra Behalf of L. K. Enginiearing Company | Disposed |
| District court, Banaskanth at Palanpur, Gujarat | Criminal complaint | Filed by the company against Akash Mishra Behalf of L. K. Enginiearing Company | Disposed |
To see the full case history of Shaswat Glass Solution 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 Shaswat Glass Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shaswat Glass Solution has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABGCS9229M1ZS | Gujarat | Active | 09 Dec 2021 |
To see the full GST registrations and return filing status of Shaswat Glass Solution Private Limited, buy the company report.
Recent activity
Shaswat Glass Solution Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Dipakbhai Babubhai Mevada was appointed as Director on 25 Sep 2021.
AGM
Shaswat Glass Solution Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shaswat Glass Solution 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. 10.77 Cr with Charge ID 100908961 was registered on 01 May 2024.
Charges
A charge registered on 26 Mar 2022 via Charge ID 100552143 with Others was fully satisfied on 09 Oct 2023.
Charges
A charge with Others amounted to Rs. 7.85 Cr with Charge ID 100552143 was registered on 26 Mar 2022.
Appointed
Dipakbhai Babubhai Mevada was appointed as Director.
Appointed
Kantibhai Nathabhai Salvi was appointed as Director.
Incorporation
25 Sep 2021
Shaswat Glass Solution Private Limited was registered on 25 Sep 2021 with Roc Ahmedabad & aged 5 years 1 month as per MCA records.
Frequently asked questions
Shaswat Glass Solution is an active private limited company based in Palanpur, Gujarat, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 25 September 2021 (5+ years old) and is registered under CIN U26109GJ2021PTC125861.
Shaswat Glass Solution has 2 current directors:
- Kantibhai Nathabhai Salvi - Director
- Dipakbhai Babubhai Mevada - Director
The latest financial statements of Shaswat Glass Solution 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 FY 2022 are in the company report.
The GSTIN of Shaswat Glass Solution is 24ABGCS9229M1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Shaswat Glass Solution is U26109GJ2021PTC125861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaswat Glass Solution has 4 court cases on record: 4 filed by the company. 1 is pending.
Shaswat Glass Solution was incorporated on 25 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shaswat Glass Solution has 1 deal on record (1 funding round), with disclosed funding of ₹3.24 Cr; the latest was in September 2022.
Dipakbhai Babubhai Mevada was appointed as Director on 25 Sep 2021. Kantibhai Nathabhai Salvi was appointed as Director on 25 Sep 2021.
Yes, Shaswat Glass Solution is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-04-0012110).
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