Glory Knitwears Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 08-01-2025
- Paid Up Capital ₹ 1.00 Cr
as on 08-01-2025
- Company Age 26 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.70 Cr
as on 08-01-2025
- Satisfied Charges ₹ 1.12 Cr
as on 08-01-2025
- Revenue 52.27%
(FY 2023)
- Profit 105.05%
(FY 2023)
- Ebitda 71.45%
(FY 2023)
- Net Worth 54.72%
(FY 2023)
- Total Assets 26.33%
(FY 2023)
About Glory Knitwears
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 1.50 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹2.70 Cr. The company has closed loans amounting to ₹1.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Varun Jain, Subhash Jain, Parveen Jain, and One other member serve as directors at the Company.
- CIN/LLPIN
U18101PB1998PTC021647
- Company No.
021647
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Aug 1998
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Glory Knitwears Private Limited offer?
Glory Knitwears Private Limited offers a wide range of products and services, including Men T-Shirts, V-neck Men T-Shirt, Men Collar T -Shirt, Polo Men T-Shirt, Sports Pant, Men Track Pants, Round Neck Men T-Shirt, Half sleeves Men T-Shirt, Men Full Sleeves T-Shirt, Sweatshirts.
Who are the key members and board of directors at Glory Knitwears?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhash Jain  | Managing Director | 03-Aug-1998 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parveen Jain | Director | 03-Aug-1998 | Current |
| Varun Jain | Whole-Time Director | 03-Aug-1998 | Current |
| Sherry Jain | Director | 01-May-2013 | Current |
Financial Performance of Glory Knitwears.
Glory Knitwears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.27% increase. The company also saw a substantial improvement in profitability, with a 105.05% increase in profit. The company's net worth Soared by an impressive increase of 54.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Glory Knitwears?
In 2023, Glory Knitwears 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)
Deer Club Fashions Private LimitedActive 27 years 8 monthsVarun Jain and Subhash Jain are mutual person
Charges (Loans)
₹2.70 Cr
₹1.12 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 May 2023 | Hdfc Bank Limited | ₹5.00 M | Open |
| 23 Jan 2023 | Hdfc Bank Limited | ₹2.50 M | Open |
| 09 Jul 2014 | Hdfc Bank Limited | ₹1.95 Cr | Open |
| 20 Sep 2000 | State Bank Of India | ₹1.12 Cr | Satisfied |
How Many Employees Work at Glory Knitwears?
Glory Knitwears has a workforce of 19 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 Glory Knitwears, 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 Glory Knitwears'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
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