Glare Electronics Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.99 M
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 8.27 Cr
- Revenue Growth 21.13%
- Profit Growth 231.33%
- Ebitda -47.65%
- Net Worth 65.23%
- Total Assets 17.72%
About Glare Electronics
Glare Electronics Private Limited (GEPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 December 2005 and has a history of 19 years and one month. Its registered office is in College Police Chowky, 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 1.00 M and a paid-up capital of Rs 0.99 M.
The company has closed loans amounting to ₹8.27 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 College Police Chowky, Rajkot, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909GJ2005PTC047406
- Company No.
047406
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Glare Electronics Private Limited offer?
Glare Electronics Private Limited offers a wide range of products and services, including Office Stationery & Calculator, Scissor, Stainless Steel Scissor, Kitchen Knives, Carts, Dollies & Trolleys, Cylinder Trolley, Thermo Flask, Vacuum Flask, Spoons, Table Knife and Cutlery, Table Knives.
Who are the key members and board of directors at Glare Electronics?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayantibhai Bhagvanjibhai  | Director | 30-May-2013 | Current |
| Nisha Patoria | Director | 15-Jan-2016 | Current |
Financial Performance of Glare Electronics.
Glare Electronics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 21.13% increase. The company also saw a substantial improvement in profitability, with a 231.33% increase in profit. The company's net worth Soared by an impressive increase of 65.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Glare Electronics?
In 2018, Glare Electronics 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 Appliances Pvt LtdJayantibhai Bhagvanjibhai and Nisha Patoria are mutual person
- Glare Household Private Limited
Jayantibhai Bhagvanjibhai and Nisha Patoria are mutual person
Charges (Loans)
₹0
₹82.71 M
Charges Breakdown by Lending Institutions
- Corporation Bank : 5.91 Cr
- Oriental Bank Of Commerce : 1.66 Cr
- : 0.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2013 | Corporation Bank | ₹5.91 Cr | Satisfied |
| 18 Jun 2012 | ₹7.00 M | Satisfied | |
| 22 Sep 2010 | Oriental Bank Of Commerce | ₹4.00 M | Satisfied |
| 30 Jul 2008 | Oriental Bank Of Commerce | ₹1.26 Cr | Satisfied |
How Many Employees Work at Glare Electronics?
Glare Electronics has a workforce of 5 employees as of Mar 31, 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 Electronics, 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 Electronics'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.
