Glare Appliances Profile
Key Indicators
- Authorised Capital ₹ 4.10 M
- Paid Up Capital ₹ 4.10 M
- Company Age 32 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 14.93 Cr
- Revenue Growth -0.57%
- Profit Growth 39.51%
- Ebitda 12.41%
- Net Worth 12.43%
- Total Assets 26.50%
About Glare Appliances
Glare Appliances Pvt Ltd (GAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 1992 and has a history of 32 years and three months. Its registered office is in Rajkot, Gujarat.
The Company is engaged in the Home & Lifestyle 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 4.10 M and a paid-up capital of Rs 4.10 M.
The company has closed loans amounting to ₹14.93 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Jayantibhai Bhagvanjibhai and Nisha Patoria serve as directors at the Company.
Company Details
- Location Rajkot, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24300GJ1992PTC018546
- Company No.
018546
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Nov 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Glare Appliances?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayantibhai Bhagvanjibhai  | Director | 01-Nov-2005 | Current |
| Nisha Patoria | Director | 29-May-2013 | Current |
Financial Performance of Glare Appliances.
Glare Appliances Pvt Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.57% decrease. The company also saw a substantial improvement in profitability, with a 39.51% increase in profit. The company's net worth Soared by an impressive increase of 12.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Glare Appliances?
In 2022, Glare 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.
Related Corporates (Common Directorship)
Glare Household Private LimitedJayantibhai Bhagvanjibhai and Nisha Patoria are mutual person
- Glare Electronics Private Limited
Jayantibhai Bhagvanjibhai and Nisha Patoria are mutual person
Charges (Loans)
₹0
₹149.30 M
Charges Breakdown by Lending Institutions
- Corporation Bank : 8.07 Cr
- Oriental Bank Of Commerce : 3.01 Cr
- : 2.85 Cr
- Oriental Bank Commerce : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2013 | Corporation Bank | ₹5.91 Cr | Satisfied |
| 29 Jun 2012 | ₹2.15 Cr | Satisfied | |
| 29 Jun 2012 | ₹7.00 M | Satisfied | |
| 18 Jun 2012 | Corporation Bank | ₹2.15 Cr | Satisfied |
| 27 Apr 2006 | Oriental Bank Of Commerce | ₹4.90 M | Satisfied |
How Many Employees Work at Glare Appliances?
Glare Appliances has a workforce of 72 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Glare 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 Glare Appliances's trajectory.
Rating
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
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.
