Glostream Technologies Private Limited
About Glostream Technologies Private Limited
Data last updated:
Glostream Technologies Private Limited was a foreign private limited company based in Nashik, Maharashtra, India, operated as a subsidiary of Glostream Incorporation. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 July 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2005FTC154908. Its GSTIN is 27AACCG4216B1Z6 (Maharashtra).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Milind Eknath Ghyar and Bharti Milind Ghyar.
Its last annual general meeting (AGM) was held on 15 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 5th Floor Rushiraj Tower Jehan Circle Gangapur Road, Nashik, Maharashtra, India – 422013.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.04 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹3.82 Lakh (net margin -0.6%) and EBITDA of ₹80,543 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was struck off.
Company details
CIN history
Glostream Technologies has one previous CIN (Corporate Identification Number): U72200MH2005PTC154908. The current CIN is U72200MH2005FTC154908, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2005FTC154908 | Current |
| U72200MH2005PTC154908 | Previous |
Contact details
Glostream Technologies Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address5th Floor Rushiraj Tower Jehan Circle Gangapur Road, Nashik, Maharashtra, India – 422013
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Glostream Technologies 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
Financials of Glostream Technologies Private Limited
FY 2024 filings availableGlostream Technologies Private Limited reported revenue of ₹6.04 Cr (up 11% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 11% growth in the latest year. EBITDA fell 70% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹80,543 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.82 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | -0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Glostream Technologies Private Limited, buy the company report.
Board of directors of Glostream Technologies Private Limited
Glostream Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Eknath Ghyar Also directs: Triarq Health LLP, Sakar Consulting LLP | Director | 19 Jul 2005 | 21 Years 3 Months | As last reported |
| Bharti Milind Ghyar Also directs: Sakar Consulting LLP | Director | 19 Aug 2021 | 5 Years 2 Months | As last reported |
Auditor
Glostream Technologies Private Limited is audited by RAJENDRA SHETE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA SHETE & CO | FY 2020 | 125771W |
Shareholding
The shareholding of Glostream Technologies Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glostream Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glostream Technologies 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 Glostream Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glostream Technologies Private Limited has a workforce of 1 employees on its EPFO records as of Sep 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 1 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Glostream Technologies Private Limited, buy the company report.
GST
Glostream Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG4216B1Z6 | Maharashtra | Active | 30 Jun 2017 |
To see the full GST registrations and return filing status of Glostream Technologies Private Limited, buy the company report.
Recent activity
Glostream Technologies Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Bharti Milind Ghyar ceased to be Additional Director on 17 Mar 2024.
Frequently asked questions
Glostream Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Glostream Technologies was a foreign private limited company based in Nashik, Maharashtra, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 19 July 2005 and is registered under CIN U72200MH2005FTC154908. The company has been struck off by the Registrar of Companies and is no longer operational.
Glostream Technologies had 2 directors:
- Milind Eknath Ghyar - Director
- Bharti Milind Ghyar - Director
The CIN (Corporate Identification Number) of Glostream Technologies is U72200MH2005FTC154908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Glostream Technologies is at 5th Floor Rushiraj Tower Jehan Circle Gangapur Road, Nashik, Maharashtra, India – 422013.
Glostream Technologies was incorporated on 19 July 2005. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Glostream Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 May 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Glostream Technologies is 27AACCG4216B1Z6, registered in Maharashtra.
Glostream Technologies operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.
Bharti Milind Ghyar ceased to be Additional Director on 17 Mar 2024. Nana Yaw Asiedu Kwakye ceased to be Director on 20 Aug 2021. Bharti Milind Ghyar was appointed as Director on 19 Aug 2021. Glostream Technologies has 6 board changes on record in total.
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