Glance Finance Limited

Provides financial services, trades in securities, and offers financing and consultancy services in India.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Glance Finance Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.26 Cr
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.14 Cr
  • Revenue Growth 4.39%
  • Profit Growth -113.98%
  • Ebitda -16.70%
  • Net Worth 3.88%
  • Total Assets 11.32%

About Glance Finance

Glance Finance Limited (GFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 September 1994 and has a history of 30 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531199.

The Corporate was formerly known as Glance Finance Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 2.26 Cr.

The company currently has active open charges totaling ₹12.14 Cr.

The Key Managerial Personnel (KMP) at Glance Finance Limited India are Chirag Bhuptani as COMPANY SECRETARY and Ranjana Auti as Cfo. Vandana Vasudeo, Narendra Karnavat, Padam Jain, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    glancefin.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65920MH1994PLC081333

  • Company No.

    081333

  • Stock Symbol

    BSE : 531199

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1994

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Glance Finance?

Executive Team (2)

NameDesignationAppointment DateStatus
Chirag Bhuptani Country flag representing In Company Secretary12-Jul-2018Current
Ranjana Auti Country flag representing In CFO18-Apr-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Vandana Vasudeo Country flag representing In Director 31-Jul-2003Current
Narendra Karnavat Country flag representing In Director 17-Jun-1997Current
Padam Jain Country flag representing In Director 08-Aug-2023Current
Vaibhav Karnavat Country flag representing In Whole-Time Director 09-Aug-2022Current
Narendra Arora Country flag representing In Whole-Time Director 01-Sep-2015Current
Prasan Bhandari Country flag representing In Director 07-Nov-2019Current

Financial Performance of Glance Finance.

Glance Finance Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.39% increase. The company also saw a substantial fall in profitability, with a 113.98% decrease in profit. The company's net worth moved up by a moderate rise of 3.88%.

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
4.39%
Revenue from Operations
16.14%
Total Assets
11.32%
Profit or Loss
-113.98%
Net Worth
3.88%
EBITDA
-16.70%

What is the Ownership and Shareholding Structure of Glance Finance?

In 2023, Glance Finance had a promoter holding of 74.35% and a public holding of 25.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.14 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 12.14 Cr

Latest Charge Details

DateLenderAmountStatus
10 Feb 2023Others₹2.36 CrOpen
30 Dec 2022Others₹4.32 MOpen
28 Dec 2022Others₹2.16 MOpen
26 Jun 2022Others₹1.83 MOpen
26 Jun 2022Others₹1.83 MOpen

How Many Employees Work at Glance Finance?

Unlock and access historical data on people associated with Glance Finance, 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 Glance Finance, 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 Glance Finance'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 Glance Finance

Recent activity within the organization

  • Annual General Meeting

    Glance Finance Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

    Glance Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Padam Kumar Jain was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 1 year 6 months .

    08 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 2.36 Cr with Charge ID 100686105 was registered on 10 Feb 2023.

    10 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 0.43 Cr with Charge ID 100674771 was registered on 30 Dec 2022.

    30 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100674838 was registered on 28 Dec 2022.

    28 Dec 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Glance Finance Limited was incorporated on 21 Sep 1994.

  • The authorized share capital of Glance Finance Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.26 Cr.

  • Currently 8 directors are associated with Glance Finance Limited.

    • Vandana Girindrachandra Vasudeo
    • Narendra Sardarsingh Karnavat
    • Padam Kumar Jain
    • Vaibhav Narendra Karnavat
    • Narendra Laxman Arora
    • Prasan Bhandari
    • Chirag Hasmukh Bhuptani
    • Ranjana Avinash Auti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glance Finance Limited is 7 Kitab Mahal 192 Dr. D. N. Road Fort, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Glance Finance Limited is L65920MH1994PLC081333 and the company number is 081333 as per Ministry of Corporate Affairs (MCA).

  • Yes, Glance Finance Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Glance Finance Limited is https://www.glancefin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glance Finance Limited has risen by 4.39%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glance Finance Limited has experienced an upsurge of 3.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Glance Finance Limited amount to ₹ 12.14 Cr.

  • The most recent Balance Sheet for Glance Finance Limited was filed with the ROC on 31 Mar 2024.

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