Glaze Garments (India) Profile
Key Indicators
- Authorised Capital ₹ 2.40 Cr
- Paid Up Capital ₹ 2.21 Cr
- Company Age 27 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 45.24 Cr
- Revenue Growth -91.25%
- Profit Growth -246.49%
- Ebitda 81.39%
- Net Worth -2.20%
- Total Assets -2.97%
About Glaze Garments (India)
Glaze Garments (India) Limited (GGIL) is a Public Limited Indian Non-Government Company incorporated in India on 27 January 1998 and has a history of 27 years and two months. Its registered office is in Ludhiana, Punjab.
The Corporate was formerly known as Glaze Garments Private Limited. The Company is engaged in the Manufacturing 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 2.40 Cr and a paid-up capital of Rs 2.21 Cr.
The company has closed loans amounting to ₹45.24 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Anil Jain, Tarun Jain, and Varun Jain serve as directors at the Company.
Company Details
- Location Ludhiana, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17299PB1998PLC021003
- Company No.
021003
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Jan 1998
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
Glaze Garments (India) Limited
Explore comprehensive data for Glaze Garments (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Glaze Garments (India)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Jain  | Director | 01-May-2007 | Current |
| Anil Jain | Director | 20-Jan-2005 | Current |
| Tarun Jain | Director | 20-Jan-2005 | Current |
Financial Performance of Glaze Garments (India).
Glaze Garments (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 91.25% decrease. The company also saw a substantial fall in profitability, with a 246.49% decrease in profit. The company's net worth dipped by a decrease of 2.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Glaze Garments (India)?
In 2023, Glaze Garments (India) had a promoter holding of 56.09% and a public holding of 43.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹45.24 Cr
Charges Breakdown by Lending Institutions
- State Bank Of Patiala : 45.10 Cr
- Hdfc Bank Limited : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2015 | Hdfc Bank Limited | ₹1.35 M | Satisfied |
| 19 Oct 2011 | State Bank Of Patiala | ₹2.80 Cr | Satisfied |
| 22 Feb 2007 | State Bank Of Patiala | ₹2.00 Cr | Satisfied |
| 31 Mar 2006 | State Bank Of Patiala | ₹2.80 Cr | Satisfied |
| 25 Mar 2005 | State Bank Of Patiala | ₹1.00 Cr | Satisfied |
How Many Employees Work at Glaze Garments (India)?
Glaze Garments (India) has a workforce of 2 employees as of Mar 22, 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 Glaze Garments (India), 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 Glaze Garments (India)'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.
Latest Updates, News, and FAQs on Glaze Garments (India)
Recent activity within the organization
- Annual General Meeting
Glaze Garments (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Glaze Garments (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge registered on 18 Jul 2015 via Charge ID 10593670 with Hdfc Bank Limited was fully satisfied on 06 Apr 2022.
- Charges
A charge registered on 31 Aug 2001 via Charge ID 90173977 with State Bank Of Patiala was fully satisfied on 01 Nov 2021.
- Charges
A charge registered on 19 Oct 2011 via Charge ID 10316633 with State Bank Of Patiala was fully satisfied on 21 Mar 2016.
- Charges
A charge with State Bank Of Patiala of Rs. 36.50 Cr registered on 31 Aug 2001 with Charge ID 90173977 was modified on 04 Mar 2016.
Frequently asked questions
What is the Incorporation or founding date of Glaze Garments (India) Limited?
Glaze Garments (India) Limited was incorporated on 27 Jan 1998.
What is authorized share capital and paid-up capital of Glaze Garments (India) Limited?
The authorized share capital of Glaze Garments (India) Limited is ₹ 2.40 Cr and paid-up capital is ₹ 2.21 Cr.
Who are the current board members & directors of Glaze Garments (India) Limited?
Currently 3 directors are associated with Glaze Garments (India) Limited.
- Anil Kumar Jain
- Tarun Jain
- Varun Jain
What is the registered address of Glaze Garments (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Glaze Garments (India) Limited is Village Hussain Puraopp Hotel Amaltas G T Road India, Ludhiana, Punjab, 141005.
What is the corporate identification number (CIN) and company number of Glaze Garments (India) Limited?
The corporate identification number (CIN) of Glaze Garments (India) Limited is U17299PB1998PLC021003 and the company number is 021003 as per Ministry of Corporate Affairs (MCA).
What is the official website of Glaze Garments (India) Limited?
The Official website of Glaze Garments (India) Limited is https://www.vgil.com
What has been the recent revenue trend for Glaze Garments (India) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Glaze Garments (India) Limited has fallen by -91.25%.
How many employees does Glaze Garments (India) Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Glaze Garments (India) Limited.
What change has been observed in the net worth of Glaze Garments (India) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Glaze Garments (India) Limited has experienced an downturn of -2.20%.
When was the last Balance Sheet of Glaze Garments (India) Limited filed with the ROC?
The most recent Balance Sheet for Glaze Garments (India) Limited was filed with the ROC on 31 Mar 2024.
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