Glowstar Textile Industries Private Limited

Textile manufacturing and trading company established in 2017 with headquarters in Delhi.

2017 | Shastri Nagar, Delhi (India) | Active
Last Updated: July 17, 2024

Glowstar Textile Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.75 M
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.00 M
  • Revenue Growth 29.31%
  • Profit Growth 423.67%
  • Ebitda 131.60%
  • Net Worth 3.06%
  • Total Assets 32.87%

About Glowstar Textile Industries

Glowstar Textile Industries Private Limited (GTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 March 2017 (Seven years and ten months 11 days old ). Its registered office is in Shastri Nagar, Delhi, 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 5.00 M and a paid-up capital of Rs 4.75 M.

The company currently has active open charges totaling ₹6.00 M.

Meena Devi, Mohit, and Ram Kishor serve as directors at the Company.

Company Details

  • Location

    Shastri Nagar, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2017PTC314781

  • Company No.

    314781

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

Who are the key members and board of directors at Glowstar Textile Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Ram Kishor Country flag representing In Managing Director21-Mar-2017Current

Board Members (2)

NameDesignationAppointment DateStatus
Mohit Country flag representing In Director 21-Mar-2017Current
Meena Devi Country flag representing In Director 21-Mar-2017Current

Financial Performance of Glowstar Textile Industries.

Glowstar Textile Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.31% increase. The company also saw a substantial improvement in profitability, with a 423.67% increase in profit. The company's net worth moved up by a moderate rise of 3.06%.

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
29.31%
Revenue from Operations
29.11%
Total Assets
32.87%
Profit or Loss
423.67%
Net Worth
3.06%
EBITDA
131.60%

What is the Ownership and Shareholding Structure of Glowstar Textile Industries?

In 2022, Glowstar Textile Industries had a promoter holding of 96.84% and a public holding of 3.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 0.50 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2022Hdfc Bank Limited₹1.00 MOpen
23 Jan 2019Yes Bank Limited₹5.00 MOpen

How Many Employees Work at Glowstar Textile Industries?

Unlock and access historical data on people associated with Glowstar Textile Industries, 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 Glowstar Textile 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 Glowstar Textile 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 Glowstar Textile Industries

Recent activity within the organization

  • Annual General Meeting

    Glowstar Textile Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Glowstar Textile Industries 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 Yes Bank Limited of Rs. 5.00 M registered on 23 Jan 2019 with Charge ID 100239134 was modified on 20 Dec 2022.

    20 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100620838 was registered on 30 Sep 2022.

    30 Sep 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 5.00 M with Charge ID 100239134 was registered on 23 Jan 2019.

    23 Jan 2019

  • Director Appointment

    Meena Devi was appointed as a Director was appointed as a Director on 21 Mar 2017 & has been associated with this company since 7 years 10 months .

    21 Mar 2017

Frequently asked questions

  • Glowstar Textile Industries Private Limited was incorporated on 21 Mar 2017.

  • The authorized share capital of Glowstar Textile Industries Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.75 M.

  • Currently 3 directors are associated with Glowstar Textile Industries Private Limited.

    • Meena Devi
    • Mohit
    • Ram Kishor
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glowstar Textile Industries Private Limited is House No 1512 Block - B, Shastri Nagar, Delhi, India, 110052.

  • The corporate identification number (CIN) of Glowstar Textile Industries Private Limited is U74999DL2017PTC314781 and the company number is 314781 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glowstar Textile Industries Private Limited has risen by 29.31%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glowstar Textile Industries Private Limited has experienced an upsurge of 3.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Glowstar Textile Industries Private Limited amount to ₹ 6.00 M.

  • The most recent Balance Sheet for Glowstar Textile Industries Private Limited was filed with the ROC on 31 Mar 2023.