Glowfab Industries Profile
Key Indicators
- Authorised Capital ₹ 8.50 M
- Paid Up Capital ₹ 7.32 M
- Company Age 35 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 21.74 Cr
- Revenue Growth 47.21%
- Profit Growth 435.72%
- Ebitda 281.42%
- Net Worth 3.91%
- Total Assets 3.36%
About Glowfab Industries
Glowfab Industries Private Limited (GIPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 April 1990 and has a history of 35 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Manufacturing 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 8.50 M and a paid-up capital of Rs 7.32 M.
The company currently has active open charges totaling ₹21.74 Cr.
Mahesh Deshpande, Rajesh Bajaj, and Sudhir Dhody serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17100MH1990PTC056120
- Company No.
056120
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Apr 1990
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
Glowfab Industries Private Limited
Explore comprehensive data for Glowfab Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Glowfab Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Deshpande  | Director | 09-Apr-1990 | Current |
| Rajesh Bajaj | Director | 09-Apr-1990 | Current |
| Sudhir Dhody | Director | 09-Apr-1990 | Current |
Financial Performance of Glowfab Industries.
Glowfab Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.21% increase. The company also saw a substantial improvement in profitability, with a 435.72% increase in profit. The company's net worth moved up by a moderate rise of 3.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Glowfab Industries?
In 2023, Glowfab Industries 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)
Glowfab Fashions Private LimitedRajesh Bajaj is a mutual person
Amd Fabrics Private LimitedMahesh Deshpande is a mutual person
- Sai Freshlife Private Limited
Sudhir Dhody is a mutual person
Charges (Loans)
Open Charges
₹217.38 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Nkgsb Co-Op. Bank Ltd. : 14.84 Cr
- Tamilnad Mercantile Bank Limited : 4.00 Cr
- The North Kanar G.S.B. Co-Op. Bank Ltd. : 1.92 Cr
- Nkgsb Co-Operative Bank Ltd. : 0.50 Cr
- Gujarat State Financial Corporation : 0.39 Cr
- Others : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2021 | Tamilnad Mercantile Bank Limited | ₹4.00 Cr | Open |
| 10 Apr 2013 | Nkgsb Co-Operative Bank Ltd. | ₹5.00 M | Open |
| 06 Feb 2013 | Nkgsb Co-Operative Bank Ltd | ₹0.88 M | Open |
| 15 Jun 2010 | Nkgsb Co-Op. Bank Ltd. | ₹1.68 Cr | Open |
| 03 Feb 2010 | Nkgsb Co-Op. Bank Ltd. | ₹3.50 Cr | Open |
How Many Employees Work at Glowfab Industries?
Glowfab Industries has a workforce of 11 employees as of Apr 07, 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 Glowfab Industries, 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 Glowfab Industries'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 Glowfab Industries
Recent activity within the organization
- Annual General Meeting
Glowfab Industries Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
- Balance Sheet
Glowfab Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 40.00 M with Charge ID 100505208 was registered on 22 Nov 2021.
- Charges
A charge with Nkgsb Co-Operative Bank Ltd. amounted to Rs. 5.00 M with Charge ID 10429977 was registered on 10 Apr 2013.
- Charges
A charge with Nkgsb Co-Operative Bank Ltd amounted to Rs. 0.88 M with Charge ID 10414076 was registered on 06 Feb 2013.
- Charges
A charge with Nkgsb Co-Op. Bank Ltd. amounted to Rs. 16.75 M with Charge ID 10228934 was registered on 15 Jun 2010.
Frequently asked questions
What is the Incorporation or founding date of Glowfab Industries Private Limited?
Glowfab Industries Private Limited was incorporated on 09 Apr 1990.
What is authorized share capital and paid-up capital of Glowfab Industries Private Limited?
The authorized share capital of Glowfab Industries Private Limited is ₹ 8.50 M and paid-up capital is ₹ 7.32 M.
Who are the current board members & directors of Glowfab Industries Private Limited?
Currently 3 directors are associated with Glowfab Industries Private Limited.
- Mahesh Vasant Deshpande
- Rajesh Sanwarmal Bajaj
- Sudhir Krishna Dhody
What is the registered address of Glowfab Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Glowfab Industries Private Limited is 703 Kailas Dham G. V. Scheme Road No.4 Mulund (E), India, Mumbai, Maharashtra, 400081.
What is the corporate identification number (CIN) and company number of Glowfab Industries Private Limited?
The corporate identification number (CIN) of Glowfab Industries Private Limited is U17100MH1990PTC056120 and the company number is 056120 as per Ministry of Corporate Affairs (MCA).
What is the official website of Glowfab Industries Private Limited?
The Official website of Glowfab Industries Private Limited is https://www.glowfab.com
What has been the recent revenue trend for Glowfab Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Glowfab Industries Private Limited has risen by 47.21%.
How many employees does Glowfab Industries Private Limited currently have?
As Per 2023 financial reports, 11 employees are currently employed by Glowfab Industries Private Limited.
What change has been observed in the net worth of Glowfab Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Glowfab Industries Private Limited has experienced an upsurge of 3.91%.
What are the total open charges for Glowfab Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Glowfab Industries Private Limited amount to ₹ 21.74 Cr.
When was the last Balance Sheet of Glowfab Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Glowfab Industries Private Limited was filed with the ROC on 31 Mar 2024.
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