Glowfab Industries Private Limited

Textile company offering a range of products and weaving services for buying, selling, and distribution.

1990 | Mumbai, Maharashtra (India) | Active
Last Updated:

Glowfab Industries Profile

Key Indicators

  • Authorised Capital ₹ 8.50 M
  • Paid Up Capital ₹ 7.32 M
  • Company Age 35 Year, 28 Days
  • 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. 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
Company report

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)

NameDesignationAppointment DateStatus
Mahesh Deshpande Country flag representing In Director 09-Apr-1990Current
Rajesh Bajaj Country flag representing In Director 09-Apr-1990Current
Sudhir Dhody Country flag representing In Director 09-Apr-1990Current

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%.

Glowfab Industries revenue growth over time
Glowfab Industries 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
47.21%
Revenue from Operations
49.13%
Total Assets
3.36%
Profit or Loss
435.72%
Net Worth
3.91%
EBITDA
281.42%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
22 Nov 2021Tamilnad Mercantile Bank Limited₹4.00 CrOpen
10 Apr 2013Nkgsb Co-Operative Bank Ltd.₹5.00 MOpen
06 Feb 2013Nkgsb Co-Operative Bank Ltd₹0.88 MOpen
15 Jun 2010Nkgsb Co-Op. Bank Ltd.₹1.68 CrOpen
03 Feb 2010Nkgsb Co-Op. Bank Ltd.₹3.50 CrOpen

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.

Employee growth trends for Glowfab Industries Private Limited

Deals i

Graph showing company valuation over time

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

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 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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