DPIIT recognised startup Government of India
Startup India
Gladex Services Private Limited
Gladex Services Private Limited - transport and logistics in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.17 Cr
▼ 20% YoY
Net profit · FY 2024
₹24.63 Lakh
Net margin 5.9%
EBITDA · FY 2024
₹34.9 Lakh
EBITDA margin 8.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Gladex Services Private Limited
Data last updated:
Gladex Services Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 31 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62011KA2019PTC124852. Its GSTIN is 29AAHCG8467F1Z4 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shoba Hanumantha Rao and Vijayalaxmi Gurugavishiddeshwar Handur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #175 And # 176 Dollars Colony Phase 4 Jp Nagar Bannerghatta Main Road, Bengaluru, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.17 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹24.63 Lakh (net margin 5.9%) and EBITDA of ₹34.9 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 272% over three years.
The company is associated with 1 brand: TourVibes GladEx Services.
Gladex Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0102771).
Company details
CIN U62011KA2019PTC124852
Registration Number 124852
Incorporation Date 31 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0102771
CIN history
Gladex Services has one previous CIN (Corporate Identification Number): U63000KA2019PTC124852. The current CIN is U62011KA2019PTC124852, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62011KA2019PTC124852 | Current |
| U63000KA2019PTC124852 | Previous |
Key People
Shoba Hanumantha Rao Director Vijayalaxmi Gurugavishiddeshwar Handur Director Lingaraj Kumareppa Managuli Director Recognitions & Rankings of Gladex Services
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0102771
Contact details
Gladex Services Private Limited's registered office is in Bengaluru, Karnataka.
- Registered Address#175 And # 176 Dollars Colony Phase 4 Jp Nagar Bannerghatta Main Road, Bengaluru, Karnataka, India – 560076
- IndustryTransport and Logistics, Travel & Tour Services
Comprehensive company report
Gladex Services Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Gladex Services operates one associated brand: TourVibes GladEx Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive tourism and event management solutions, including flight and hotel booking services. | tourvibes.in |
Business activity
The main business activity of Gladex Services is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Gladex Services Private Limited, buy the company report.
Financials of Gladex Services Private Limited
FY 2024 filings availableGladex Services Private Limited reported revenue of ₹4.17 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹4.17 Cr ▼ 20%
Net profit · FY 2024
₹24.63 Lakh margin 5.9%
EBITDA · FY 2024
₹34.9 Lakh margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 272%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 96%
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 272%. EBITDA fell 15% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹34.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.63 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 5.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Gladex Services Private Limited, buy the company report.
Board of directors of Gladex Services Private Limited
Gladex Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shoba Hanumantha Rao Also directs: Gephyr Private Limited | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Vijayalaxmi Gurugavishiddeshwar Handur | Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Lingaraj Kumareppa Managuli | Director | 31 May 2019 | 7 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Gladex Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gladex Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gladex Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG8467F1Z4 | Karnataka | Active | 18 Jun 2019 |
To see the full GST registrations and return filing status of Gladex Services Private Limited, buy the company report.
Recent activity
Gladex Services Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Deepak Somnath Alur ceased to be Director on 29 Apr 2025.
Ceased
Deepak Somnath Alur ceased to be Director.
Ceased
Vijayalaxmi Gurugavishiddeshwar Handur ceased to be Director.
AGM
Gladex Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gladex Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Anushree A Yadwad ceased to be Director.
Appointed
Shoba Hanumantha Rao was appointed as Director.
Appointed
Vijayalaxmi Gurugavishiddeshwar Handur was appointed as Director.
Appointed
Lingaraj Kumareppa Managuli was appointed as Director.
Incorporation
31 May 2019
Gladex Services Private Limited was registered on 31 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.
Frequently asked questions
Gladex Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 31 May 2019 (7+ years old) and is registered under CIN U62011KA2019PTC124852.
Gladex Services has 3 current directors:
- Shoba Hanumantha Rao - Director
- Vijayalaxmi Gurugavishiddeshwar Handur - Director
- Lingaraj Kumareppa Managuli - Director
The latest financial statements of Gladex Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Gladex Services is 29AAHCG8467F1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Gladex Services is U62011KA2019PTC124852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gladex Services was incorporated on 31 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Deepak Somnath Alur ceased to be Director on 29 Apr 2025. Vijayalaxmi Gurugavishiddeshwar Handur ceased to be Director on 29 Apr 2025. Anushree A Yadwad ceased to be Director on 31 May 2022. Gladex Services has 6 board changes on record in total.
Yes, Gladex Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Gladex Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0102771).
The registered office of Gladex Services is at #175 And # 176 Dollars Colony Phase 4 Jp Nagar Bannerghatta Main Road, Bengaluru, Karnataka, India – 560076.
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