Glitz Finishing Solutions Private Limited

Provides trading, buying, selling, importing, exporting, and related services for abrasive and non-abrasive products.

2019 | Ernakulam, Kerala (India) | Active
Last Updated: November 26, 2024

Glitz Finishing Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.79 Cr
  • Satisfied Charges ₹ 4.25 Cr
  • Revenue Growth -24.79%
  • Profit Growth -87.96%
  • Ebitda -69.59%
  • Net Worth 4.24%
  • Total Assets 31.10%

About Glitz Finishing Solutions

Glitz Finishing Solutions Private Limited (GFSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 25 February 2019 (Five years and 11 months 22 days old ). Its registered office is in Ernakulam, Kerala, India.

The Company is engaged in the Metals And Minerals 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 0.10 M.

The company currently has active open charges totaling ₹13.79 Cr. The company has closed loans amounting to ₹4.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naimisha Parekh, Kurian Nileena, and Nikhil Marangattu serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909KL2019PTC056972

  • Company No.

    056972

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals
Transport and Logistics

Who are the key members and board of directors at Glitz Finishing Solutions?

Board Members (3)

Name Designation Appointment Date Status
Naimisha Parekh Country flag representing In Director 14-Jun-2019 Current
Kurian Nileena Country flag representing In Director 25-Feb-2019 Current
Nikhil Marangattu Country flag representing In Director 06-Jul-2023 Current

Financial Performance of Glitz Finishing Solutions.

Glitz Finishing Solutions Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 24.79% decrease. The company also saw a substantial fall in profitability, with a 87.96% decrease in profit. The company's net worth moved up by a moderate rise of 4.24%.

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
-24.79%
Revenue from Operations
-24.77%
Total Assets
31.10%
Profit or Loss
-87.96%
Net Worth
4.24%
EBITDA
-69.59%

What is the Ownership and Shareholding Structure of Glitz Finishing Solutions?

In 2023, Glitz Finishing Solutions 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

₹137.85 M

Satisfied Charges

₹42.50 M

Charges Breakdown by Lending Institutions

  • Others : 13.79 Cr

Latest Charge Details

Date Lender Amount Status
27 Apr 2022 Others ₹1.79 Cr Open
14 Jul 2021 Others ₹12.00 Cr Open
06 Jun 2019 Others ₹4.25 Cr Satisfied

How Many Employees Work at Glitz Finishing Solutions?

Unlock and access historical data on people associated with Glitz Finishing Solutions, 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 Glitz Finishing Solutions, 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 Glitz Finishing Solutions'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 Glitz Finishing Solutions

Recent activity within the organization

  • Annual General Meeting

    Glitz Finishing Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 120.00 M registered on 14 Jul 2021 with Charge ID 100458248 was modified on 19 Aug 2024.

    19 Aug 2024

  • Balance Sheet

    Glitz Finishing Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Director Appointment

    Nikhil Raj Marangattu was appointed as a Director was appointed as a Director on 06 Jul 2023 & has been associated with this company since 1 year 7 months .

    06 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 17.85 M with Charge ID 100578643 was registered on 27 Apr 2022.

    27 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 120.00 M with Charge ID 100458248 was registered on 14 Jul 2021.

    14 Jul 2021

Frequently asked questions

  • Glitz Finishing Solutions Private Limited was incorporated on 25 Feb 2019.

  • The authorized share capital of Glitz Finishing Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Glitz Finishing Solutions Private Limited.

    • Naimisha Neerav Parekh
    • Kurian Shaji Nileena
    • Nikhil Raj Marangattu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glitz Finishing Solutions Private Limited is Building No.32/1634/B2A1 New No.43/2037-B2A1 Kolath Towers Colony Road, Opp. Emc India, Ernakulam, Kerala, 682025.

  • The corporate identification number (CIN) of Glitz Finishing Solutions Private Limited is U51909KL2019PTC056972 and the company number is 056972 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2024, the revenue trend for Glitz Finishing Solutions Private Limited has fallen by -24.79%.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Glitz Finishing Solutions Private Limited has experienced an upsurge of 4.24%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Glitz Finishing Solutions Private Limited amount to ₹ 13.79 Cr.

  • The most recent Balance Sheet for Glitz Finishing Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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