Glo Led Private Limited

Manufacturer of LED lamps and other lighting products, also offers fans, switches, wires, and solar systems.

2017 | Hyderabad, Telangana (India) | Active
Last Updated: July 18, 2024

Glo Led Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.92 Cr
  • Revenue Growth 45.59%
  • Profit Growth 15.06%
  • Ebitda 76.20%
  • Net Worth 242.26%
  • Total Assets 143.99%

About Glo Led

Glo Led Private Limited (GLPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 17 February 2017 (Seven years and 11 months 26 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹1.92 Cr.

Ramakrishna Katta and Sambi Bontu serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gloled.co

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909TG2017PTC115324

  • Company No.

    115324

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 2017

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Electronics & Durables

What products or services does Glo Led Private Limited offer?

Glo Led Private Limited offers a wide range of products and services, including Street, Flood and Commercial Lights, Flood Lights, Spot Lights, Switches & Switch Boxes, Modular Switches, Domestic Fans, AC & Coolers, Ceiling Fans, Indoor Lights & Lighting Accessories, LED Downlight, Bricks & Construction Aggregates.

Who are the key members and board of directors at Glo Led?

Board Members (2)

Name Designation Appointment Date Status
Sambi Bontu Country flag representing In Director 17-Feb-2017 Current
Ramakrishna Katta Country flag representing In Director 17-Feb-2017 Current

Financial Performance of Glo Led.

Glo Led Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.59% increase. The company also saw a substantial improvement in profitability, with a 15.06% increase in profit. The company's net worth Soared by an impressive increase of 242.26%.

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
45.59%
Revenue from Operations
45.59%
Total Assets
143.99%
Profit or Loss
15.06%
Net Worth
242.26%
EBITDA
76.20%

What is the Ownership and Shareholding Structure of Glo Led?

In 2023, Glo Led 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

₹19.16 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.92 Cr

Latest Charge Details

Date Lender Amount Status
20 May 2022 Canara Bank ₹1.47 Cr Open
29 May 2019 Canara Bank ₹4.50 M Open

How Many Employees Work at Glo Led?

Glo Led has a workforce of 47 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Glo Led, 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 Glo Led'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 Glo Led

Recent activity within the organization

  • Annual General Meeting

    Glo Led Private Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • Balance Sheet

    Glo Led Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 14.66 M registered on 20 May 2022 with Charge ID 100582923 was modified on 27 Jul 2022.

    27 Jul 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 14.66 M with Charge ID 100582923 was registered on 20 May 2022.

    20 May 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 4.50 M with Charge ID 100271053 was registered on 29 May 2019.

    29 May 2019

  • Director Appointment

    Ramakrishna Katta was appointed as a Director was appointed as a Director on 17 Feb 2017 & has been associated with this company since 7 years 11 months .

    17 Feb 2017

Frequently asked questions

  • Glo Led Private Limited was incorporated on 17 Feb 2017.

  • The authorized share capital of Glo Led Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Glo Led Private Limited.

    • Ramakrishna Katta
    • Sambi Reddy Bontu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glo Led Private Limited is 5-5-35/121Prasanthinagar KukatpallyTirumalagiri, Hyderabad, Telangana, India, 500072.

  • The corporate identification number (CIN) of Glo Led Private Limited is U31909TG2017PTC115324 and the company number is 115324 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glo Led Private Limited is https://www.gloled.co

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glo Led Private Limited has risen by 45.59%.

  • As Per 2023 financial reports, 47 employees are currently employed by Glo Led Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glo Led Private Limited has experienced an upsurge of 242.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Glo Led Private Limited amount to ₹ 1.92 Cr.

  • The most recent Balance Sheet for Glo Led Private Limited was filed with the ROC on 31 Mar 2023.