Glow Right Electric Source Private Limited

Manufactures and sells a variety of lighting products for different purposes.

2017 | Delhi (India) | Active
Last Updated: October 24, 2024

Glow Right Electric Source Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.80 Cr
  • Revenue Growth 76.34%
  • Profit Growth -28.46%
  • Ebitda 536.06%
  • Net Worth 400.83%
  • Total Assets 82.15%

About Glow Right Electric Source

Glow Right Electric Source Private Limited (GRESPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 July 2017 (Seven years and seven months 0 days old ). Its registered office is in Delhi, 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹7.80 Cr.

Shreya Goel, Rahul Goel, Varsha Goel, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U36994DL2017PTC320478

  • Company No.

    320478

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Glow Right Electric Source Private Limited offer?

Glow Right Electric Source Private Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, Lighting Accessories, Street, Flood and Commercial Lights, Halogen Lamps, LED Lights, Indoor LED Light, Panel Light Housing, Water Heater & Geyser, Water Immersion Rod, Panel Light.

Who are the key members and board of directors at Glow Right Electric Source?

Board Members (4)

Name Designation Appointment Date Status
Rahul Goel Country flag representing In Director 11-Jul-2017 Current
Shreya Goel Country flag representing In Director 11-Jul-2017 Current
Varsha Goel Country flag representing In Director 11-Jul-2017 Current
Ashok Goel Country flag representing In Director 11-Jul-2017 Current

Financial Performance of Glow Right Electric Source.

Glow Right Electric Source Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76.34% increase. The company also saw a substantial fall in profitability, with a 28.46% decrease in profit. The company's net worth Soared by an impressive increase of 400.83%.

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
76.34%
Revenue from Operations
85.20%
Total Assets
82.15%
Profit or Loss
-28.46%
Net Worth
400.83%
EBITDA
536.06%

What is the Ownership and Shareholding Structure of Glow Right Electric Source?

In 2023, Glow Right Electric Source 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

₹7.80 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 7.80 Cr

Latest Charge Details

Date Lender Amount Status
18 Oct 2022 Others ₹7.80 Cr Open

How Many Employees Work at Glow Right Electric Source?

Unlock and access historical data on people associated with Glow Right Electric Source, 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 Glow Right Electric Source, 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 Glow Right Electric Source'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 Glow Right Electric Source

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 7.80 Cr registered on 18 Oct 2022 with Charge ID 100617999 was modified on 25 Jun 2024.

    25 Jun 2024

  • Annual General Meeting

    Glow Right Electric Source Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Glow Right Electric Source Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 7.80 Cr with Charge ID 100617999 was registered on 18 Oct 2022.

    18 Oct 2022

  • Director Appointment

    Shreya Goel was appointed as a Director was appointed as a Director on 11 Jul 2017 & has been associated with this company since 7 years 7 months .

    11 Jul 2017

  • Director Appointment

    Rahul Goel was appointed as a Director was appointed as a Director on 11 Jul 2017 & has been associated with this company since 7 years 7 months .

    11 Jul 2017

Frequently asked questions

  • Glow Right Electric Source Private Limited was incorporated on 11 Jul 2017.

  • The authorized share capital of Glow Right Electric Source Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Glow Right Electric Source Private Limited.

    • Shreya Goel
    • Rahul Goel
    • Varsha Goel
    • Ashok Kumar Goel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glow Right Electric Source Private Limited is 10/69/627/4-C Shankar Gali Vishwash Nagar, Shahdara India, Delhi, 110032.

  • The corporate identification number (CIN) of Glow Right Electric Source Private Limited is U36994DL2017PTC320478 and the company number is 320478 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glow Right Electric Source Private Limited is https://www.glowright.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glow Right Electric Source Private Limited has risen by 76.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glow Right Electric Source Private Limited has experienced an upsurge of 400.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Glow Right Electric Source Private Limited amount to ₹ 7.80 Cr.

  • The most recent Balance Sheet for Glow Right Electric Source Private Limited was filed with the ROC on 31 Mar 2023.