MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-19-0032652
Sparkle Glass Private Limited - musical instruments in Vasai East, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹55.42 Lakh
▲ 40% YoY
Net loss · FY 2024
₹1.07 Lakh
Net margin -1.9%
EBITDA · FY 2024
-₹9,629
EBITDA margin -0.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Sparkle Glass Private Limited
Data last updated:
Sparkle Glass Private Limited is a private limited company based in Vasai East, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 18 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2011PTC224048. Its GSTIN is 27AARCS5870Q1Z6 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Surendra Kumar Jawatraj Jain and Harsh Surendra Jain.
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 Vasai East, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.42 Lakh, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Lakh (net margin -1.9%) and EBITDA of -₹9,629 (EBITDA margin -0.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 15 cases involving the company, including 3 filed by the company and 12 filed against it; 5 cases are pending.
Sparkle Glass Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0032652). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sparkleglassindia.in.
Company details
CIN U36912MH2011PTC224048
Registration Number 224048
Incorporation Date 18 November 2011
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-19-0032652
Recognitions & Rankings of Sparkle Glass
Contact details
Sparkle Glass Private Limited's registered office is in Vasai East, Maharashtra. Its website is sparkleglassindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGala No. A/70 Royal Industrial Hub Village Poman Next To Kaman Police Ch. Kaman Bhiwandi, Road, Vasai East, Maharashtra, India – 401208
- IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
To see the full contact details of Sparkle Glass Private Limited, buy the company report.
Comprehensive company report
Sparkle Glass 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 Sparkle 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 Sparkle Glass Private Limited, buy the company report.
Financials of Sparkle Glass Private Limited
FY 2024 filings availableSparkle Glass Private Limited reported revenue of ₹55.42 Lakh (up 40% YoY) for FY 2024.
Revenue · FY 2024
₹55.42 Lakh ▲ 40%
Net loss · FY 2024
₹1.07 Lakh margin -1.9%
EBITDA · FY 2024
-₹9,629 margin -0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 1%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 77%
5 years · compounded
▼ 15%
Revenue rose 40% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 94% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹9,629 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.07 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | -0.2% | ||||
| Net Profit Margin | -1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Sparkle Glass Private Limited, buy the company report.
Board of directors of Sparkle Glass Private Limited
Sparkle Glass has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kumar Jawatraj Jain | Director | 18 Nov 2011 | 14 Years 11 Months | Current |
| Harsh Surendra Jain | Additional Director | 24 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Sparkle 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 |
|---|---|---|---|---|---|---|
| Sapnil Asahi Glass Pvt. Ltd. | ₹62.95 Lakh (FY 2017) | 18.0% | Kolkata, West Bengal, India | |||
| Sparkle Glass Private Limitedthis company | ₹55.42 Lakh (FY 2024) | -₹1.07 Lakh | -1.9% | 40.0% | Vasai East, Maharashtra, India | |
| Garg Process Glass India Private Limited | ₹53.79 Lakh (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Super Scientific Glass Industries Private Limited | ₹52.24 Lakh (FY 2025) | -27.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Sparkle Glass Private Limited, buy the company report.
Auditor
Sparkle Glass Private Limited is audited by SURESH OJHA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH OJHA AND ASSOCIATES | FY 2023 | 116848W |
Shareholding
The shareholding of Sparkle Glass Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sparkle Glass Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2014 | 10479517 | State Bank of Travancore | ₹1 Cr | Open |
To see the full charge records of Sparkle Glass Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sparkle Glass Private Limited has 15 court cases on record: 3 filed by Sparkle Glass, 12 filed against it. 5 cases are pending and 10 are disposed.
Total cases
15
Filed by the company
3
Filed against the company
12
Pending
5
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 3 |
| High courts | 4 | 1 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Indigo Paints Pvt Ltd Through Nikhil P. Wakodkar | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Indigo Paints Pvt Ltd Through Nikhil P. Wakodkar | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ashland India Pvt Ltd Th Mr Sharad Chaudhary | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by M/S Shree Packaging Through Proprietor Shri. Ramesh Makwana | Pending |
| High Court, MAHARASHTRA | Appeal | Filed by the company against M/S. Shree Packaging THR. Its Proprietor Shri. Ramesh Makwana | Pending |
To see the full case history of Sparkle 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 Sparkle Glass Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sparkle Glass has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCS5870Q1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sparkle Glass Private Limited, buy the company report.
Recent activity
Sparkle Glass Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Harsh Surendra Jain was appointed as Additional Director on 24 Dec 2024.
Appointed
Harsh Surendra Jain was appointed as Additional Director.
AGM
Sparkle Glass Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sparkle Glass Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Arif Siddique Shaikh ceased to be Director.
Ceased
Rajesh Jain ceased to be Additional Director.
Ceased
Shilpa Surendra Jain ceased to be Additional Director.
Ceased
Indra Bharat Kothari ceased to be Additional Director.
Appointed
Rajesh Jain was appointed as Director.
Charges
A charge with State Bank Of Travancore of Rs. 100.00 Lakh registered on 30 Jan 2014 with Charge ID 10479517 was modified on 04 Mar 2015.
Charges
A charge with State Bank Of Travancore amounted to Rs. 100.00 Lakh with Charge ID 10479517 was registered on 30 Jan 2014.
Appointed
Surendra Kumar Jawatraj Jain was appointed as Director.
Incorporation
18 Nov 2011
Sparkle Glass Private Limited was registered on 18 Nov 2011 with Roc Mumbai & aged 14 years 11 months as per MCA records.
Frequently asked questions
Sparkle Glass is an active private limited company based in Vasai East, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 18 November 2011 (15+ years old) and is registered under CIN U36912MH2011PTC224048.
Sparkle Glass has 2 current directors:
- Surendra Kumar Jawatraj Jain - Director
- Harsh Surendra Jain - Additional Director
The latest financial statements of Sparkle Glass 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 Sparkle Glass is 27AARCS5870Q1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sparkle Glass is U36912MH2011PTC224048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sparkle Glass has 15 court cases on record: 3 filed by the company and 12 filed against it. 5 are pending. Most are in the district courts.
Sparkle Glass was incorporated on 18 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sparkle Glass by revenue are Sapnil Asahi Glass Pvt. Ltd, Garg Process Glass India Private Limited, Super Scientific Glass Industries 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).
Harsh Surendra Jain was appointed as Additional Director on 24 Dec 2024. Arif Siddique Shaikh ceased to be Director on 27 Dec 2017. Rajesh Jain ceased to be Additional Director on 30 Sep 2016. Sparkle Glass has 7 board changes on record in total.
Yes, Sparkle Glass is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0032652).
Sparkle Glass can be reached through the website sparkleglassindia.in. Its registered office is in Vasai East, Maharashtra, India.