Glory Knitwears Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 26 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.70 Cr
- Satisfied Charges ₹ 1.12 Cr
- Revenue Growth 52.27%
- Profit Growth 105.05%
- Ebitda 71.45%
- Net Worth 54.72%
- Total Assets 26.33%
About Glory Knitwears
Glory Knitwears Private Limited (GKPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 August 1998 and has a history of 26 years and six months. Its registered office is in Ludhiana, Punjab, India.
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.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Home & Lifestyle
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
| 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 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 LimitedVarun Jain and Subhash Jain are mutual person
Charges (Loans)
Open Charges
₹2.70 Cr
Satisfied Charges
₹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
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 Glory Knitwears
Recent activity within the organization
- Annual General Meeting
Glory Knitwears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Glory Knitwears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 1.95 Cr registered on 09 Jul 2014 with Charge ID 10512187 was modified on 19 Mar 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100761345 was registered on 06 May 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100688496 was registered on 23 Jan 2023.
- Charges
A charge registered on 20 Sep 2000 via Charge ID 80011171 with State Bank Of India was fully satisfied on 27 Aug 2014.
Frequently asked questions
What is the Incorporation or founding date of Glory Knitwears Private Limited?
Glory Knitwears Private Limited was incorporated on 03 Aug 1998.
What is authorized share capital and paid-up capital of Glory Knitwears Private Limited?
The authorized share capital of Glory Knitwears Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Glory Knitwears Private Limited?
Currently 4 directors are associated with Glory Knitwears Private Limited.
- Varun Kumar Jain
- Subhash Kumar Jain
- Parveen Jain
- Sherry Jain
What is the registered address of Glory Knitwears Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Glory Knitwears Private Limited is 31 32Sunder Nagar Ludhiana India, Punjab, 141007.
What is the corporate identification number (CIN) and company number of Glory Knitwears Private Limited?
The corporate identification number (CIN) of Glory Knitwears Private Limited is U18101PB1998PTC021647 and the company number is 021647 as per Ministry of Corporate Affairs (MCA).
What is the official website of Glory Knitwears Private Limited?
The Official website of Glory Knitwears Private Limited is https://www.deerclubonline.com
What has been the recent revenue trend for Glory Knitwears Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Glory Knitwears Private Limited has risen by 52.27%.
How many employees does Glory Knitwears Private Limited currently have?
As Per 2023 financial reports, 19 employees are currently employed by Glory Knitwears Private Limited.
What change has been observed in the net worth of Glory Knitwears Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Glory Knitwears Private Limited has experienced an upsurge of 54.72%.
What are the total open charges for Glory Knitwears Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Glory Knitwears Private Limited amount to ₹ 2.70 Cr.
When was the last Balance Sheet of Glory Knitwears Private Limited filed with the ROC?
The most recent Balance Sheet for Glory Knitwears Private Limited was filed with the ROC on 31 Mar 2024.