Glowfab Industries Profile
Key Indicators
- Authorised Capital ₹ 8.50 M
- Paid Up Capital ₹ 7.32 M
- Company Age 34 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- 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 34 years and nine months. 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 2023. 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.
Rajesh Bajaj, Sudhir Dhody, and Mahesh Deshpande serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17100MH1990PTC056120
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Company No.
056120
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Apr 1990
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Date of AGM
18 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Glowfab Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Bajaj
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Director | 09-Apr-1990 | Current |
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Sudhir Dhody
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Director | 09-Apr-1990 | Current |
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Mahesh Deshpande
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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
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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)
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Glowfab Fashions Private LimitedRajesh Bajaj is a mutual person
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Sai Freshlife Private LimitedSudhir Dhody is a mutual person
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Amd Fabrics Private Limited
Mahesh Deshpande is a mutual person
Charges (Loans)
₹217.38 M
₹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.