Glads Home Appliances Private Limited

Distributor of consumer durable goods in Chennai since 1996.

1996 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 07, 2024

Glads Home Appliances Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 6.00 Cr
  • Satisfied Charges ₹ 12.30 Cr
  • Revenue Growth -66.14%
  • Profit Growth -329.55%
  • Ebitda -37.25%
  • Net Worth -12.80%
  • Total Assets -8.22%

About Glads Home Appliances

Glads Home Appliances Private Limited (GHAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 April 1996 and has a history of 28 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2015. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹12.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ponnumani Roby and Vediyora Narayanan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52599TN1996PTC035304

  • Company No.

    035304

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1996

  • Date of AGM

    30 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Glads Home Appliances?

Executive Team (1)

Name Designation Appointment Date Status
Ponnumani Roby Country flag representing In Managing Director 24-Apr-1996 Current

Board Members (1)

Name Designation Appointment Date Status
Vediyora Narayanan Country flag representing In Director 10-Nov-2012 Current

Financial Performance of Glads Home Appliances.

Glads Home Appliances Private Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 66.14% decrease. The company also saw a substantial fall in profitability, with a 329.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.8%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-66.14%
Revenue from Operations
-66.75%
Total Assets
-8.22%
Profit or Loss
-329.55%
Net Worth
-12.80%
EBITDA
-37.25%

What is the Ownership and Shareholding Structure of Glads Home Appliances?

In 2015, Glads Home Appliances had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 Cr

Satisfied Charges

₹12.30 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 6.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Mar 2014 Bank Of Baroda ₹6.00 Cr Open
29 Jul 2010 Standard Chartered Bank ₹5.00 Cr Satisfied
07 Sep 2009 Kotak Mahindra Bank Limited ₹4.30 Cr Satisfied
02 Feb 2000 Bank Of Baroda ₹3.00 Cr Satisfied

How Many Employees Work at Glads Home Appliances?

Unlock and access historical data on people associated with Glads Home Appliances, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Glads Home Appliances, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Glads Home Appliances's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Glads Home Appliances

Recent activity within the organization

  • Annual General Meeting

    Glads Home Appliances Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

    30 Sep 2015

  • Balance Sheet

    Glads Home Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Chennai.

    31 Mar 2015

  • Charges

    A charge registered on 29 Jul 2010 via Charge ID 10235834 with Standard Chartered Bank was fully satisfied on 22 May 2014.

    22 May 2014

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 6.00 Cr with Charge ID 10491166 was registered on 22 Mar 2014.

    22 Mar 2014

  • Director Appointment

    Vediyora Chandroth Shankara Narayanan was appointed as a Director was appointed as a Director on 10 Nov 2012 & has been associated with this company since 12 years 2 months .

    10 Nov 2012

  • Charges

    A charge with Standard Chartered Bank of Rs. 5.00 Cr registered on 29 Jul 2010 with Charge ID 10235834 was modified on 28 Jul 2011.

    28 Jul 2011

Frequently asked questions

  • Glads Home Appliances Private Limited was incorporated on 24 Apr 1996.

  • The authorized share capital of Glads Home Appliances Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Glads Home Appliances Private Limited.

    • Ponnumani Arul Daniel Roby
    • Vediyora Chandroth Shankara Narayanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glads Home Appliances Private Limited is 111 Teruvangadapuram2Nd Street Choolaimedu, India, Chennai-94., Tamil Nadu, 600094.

  • The corporate identification number (CIN) of Glads Home Appliances Private Limited is U52599TN1996PTC035304 and the company number is 035304 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2015, the revenue trend for Glads Home Appliances Private Limited has fallen by -66.14%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Glads Home Appliances Private Limited has experienced an downturn of -12.80%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Glads Home Appliances Private Limited amount to ₹ 6.00 Cr.

  • The most recent Balance Sheet for Glads Home Appliances Private Limited was filed with the ROC on 31 Mar 2015.

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