Gloline Air Private Limited
About Gloline Air Private Limited
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Gloline Air Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 25 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2017PTC095287. Its GSTIN is 24AAGCG6845E1ZN (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Preyaskumar Jalamsinh Katara and Rahul Narendrabhai Sanghani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7 – 11 Mamta Complex – I Near Hotel Orange Inn Sarkhej Sanand Road Sarkhej, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.18 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹3.27 Lakh (net margin -8.8%) and EBITDA of -₹1.05 Lakh (EBITDA margin -2.8%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gloline Air Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address7 – 11 Mamta Complex – I Near Hotel Orange Inn Sarkhej Sanand Road Sarkhej, Ahmedabad, Gujarat, India – 382210
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Gloline Air Private Limited, buy the company report.
- 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
Business activity
The main business activity of Gloline Air is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Gloline Air Private Limited, buy the company report.
Financials of Gloline Air Private Limited
FY 2025 filings availableGloline Air Private Limited reported revenue of ₹37.18 Lakh (down 78% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 78% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA fell 103% 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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| EBITDA | -₹1.05 Lakh | ||||
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| Net Profit (PAT) | -₹3.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -2.8% | ||||
| Net Profit Margin | -8.8% | ||||
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To see the full financial statements and ratios of Gloline Air Private Limited, buy the company report.
Board of directors of Gloline Air Private Limited
Gloline Air has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preyaskumar Jalamsinh Katara Also directs: Gloline Equipments Private Limited | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
| Rahul Narendrabhai Sanghani Also directs: Gloline Equipments Private Limited | Director | 25 Jan 2017 | 9 Years 8 Months | Current |
Peer comparison
Gloline Air Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gloline Air Private Limitedthis company | ₹37.18 Lakh (FY 2024) | -₹3.27 Lakh | -8.8% | -78.0% | Ahmedabad, Gujarat, India | |
| Ideal Weighing Solutions Private Limited | ₹36.93 Lakh (FY 2020) | -16.0% | Patna, Bihar, India | |||
| Mechsense India Private Limited | ₹36.93 Lakh (FY 2024) | 85.0% | Modinagar, Uttar Pradesh, India | |||
| Fatman Technology Private Limited | ₹36.74 Lakh (FY 2024) | -68.0% | New Delhi, Delhi, India |
To see the full peer comparison of Gloline Air Private Limited, buy the company report.
Auditor
Gloline Air Private Limited is audited by CHANDABHOY & JASSOOBHOY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDABHOY & JASSOOBHOY | FY 2021 | 101648W |
Shareholding
The shareholding of Gloline Air Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gloline Air Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gloline Air 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 Gloline Air Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gloline Air has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG6845E1ZN | Gujarat | Active | 08 Nov 2019 |
To see the full GST registrations and return filing status of Gloline Air Private Limited, buy the company report.
Recent activity
Gloline Air Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Narendra Malukchand Sanghani ceased to be Director on 01 Jan 2019.
Frequently asked questions
Gloline Air is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 25 January 2017 (9+ years old) and is registered under CIN U51909GJ2017PTC095287.
Gloline Air has 2 current directors:
- Preyaskumar Jalamsinh Katara - Director
- Rahul Narendrabhai Sanghani - Director
The latest financial statements of Gloline Air on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Gloline Air is 24AAGCG6845E1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Gloline Air is U51909GJ2017PTC095287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gloline Air was incorporated on 25 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gloline Air by revenue are Ideal Weighing Solutions Private Limited, Mechsense India Private Limited, Fatman Technology Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Narendra Malukchand Sanghani ceased to be Director on 01 Jan 2019. Preyaskumar Jalamsinh Katara was appointed as Director on 01 Jan 2019. Rahul Narendrabhai Sanghani was appointed as Director on 25 Jan 2017.
The registered office of Gloline Air is at 7 – 11 Mamta Complex – I Near Hotel Orange Inn Sarkhej Sanand Road Sarkhej, Ahmedabad, Gujarat, India – 382210.
Gloline Air operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
The compliance status of Gloline Air is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.