MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-HR-13-0005684
Glow Networks Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹124.87 Cr
▲ 24% YoY
Net loss · FY 2025
₹2.64 Cr
Net margin -2.1%
EBITDA · FY 2025
-₹68.16 Lakh
EBITDA margin -0.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Employees · EPFO
24
Provident fund records
Directors on board
2
As per MCA filings
About Glow Networks Private Limited
Data last updated:
Glow Networks Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Bubble Motion Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PTC041973. Its GSTIN is 06AADCB0757F1Z0 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Bubble Motion Research and Development India Private Limited. It is led by directors Hari Narain Singla and Anuj Aggarwal.
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 Regus Centre Services Bangalore Private Limited Level2 Prestige Omega No.104 Epipzone W, Hitefield, Karnataka, India – 560066.
As per the financials filed for FY 2025, the company reported a revenue of ₹124.87 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹2.64 Cr (net margin -2.1%) and EBITDA of -₹68.16 Lakh (EBITDA margin -0.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 337% over five years.
The company has about 24 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Bubbly and Dependo. Court records list 1 case involving the company, including 1 filed against it.
Glow Networks Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-HR-13-0005684). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bubbly.net.
Company Details of Glow Networks Private Limited
CIN U72200KA2007PTC041973
Registration Number 041973
Incorporation Date 05 March 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Bubble Motion Inc.
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-HR-13-0005684
Name History of Glow Networks Private Limited
Glow Networks has undergone 2 name changes throughout its history. The company was previously known as Bubble Motion Research And Development India Private Limited, and Glow Networks Private Limited. The current legal name is Glow Networks Private Limited.
| Company Name | Status |
|---|---|
| Glow Networks Private Limited | Current |
| Bubble Motion Research And Development India Private Limited | Previous |
Recognitions & Rankings of Glow Networks
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRegus Centre Services Bangalore Private Limited Level2 Prestige Omega No.104 Epipzone W, Hitefield, Karnataka, India – 560066
- IndustryInformation Technology, IT Consulting & Support Services
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Associated Brands with Glow Networks Private Limited
Glow Networks operates two associated brands: Bubbly and Dependo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile voice messages focused social platform | bubbly.net | |
| Doorstep pickup and packaging for courier services are provided. | dependo.com |
Business Activity of Glow Networks Private Limited
The main business activity of Glow Networks is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Glow Networks Private Limited FY 2025 filings available
Glow Networks Private Limited reported revenue of ₹124.87 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹124.87 Cr ▲ 24%
Net loss · FY 2025
₹2.64 Cr margin -2.1%
EBITDA · FY 2025
-₹68.16 Lakh margin -0.5%
Compounded Annual Growth Rate (CAGR) of Glow Networks Private Limited
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 26%
5 years · compounded
▲ 337%
EBITDA CAGR growth
1 year
▼ 112%
3 years · compounded
▼ 27%
5 years · compounded
▼ 107%
Revenue has grown at a compounded annual rate (CAGR) of 337% over five years, including 24% growth in the latest year. EBITDA fell 112% 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 of Glow Networks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹68.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.64 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Glow Networks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Glow Networks are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Glow Networks Private Limited
Glow Networks has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hari Narain Singla Also directs: Dependo Logistics Solutions Private Limited, Altruist Technologies Private Limited, Secova Eservices Private Limited and 1 more | Director | 28 Aug 2014 | 12 Years 1 Months | Current |
| Anuj Aggarwal Also directs: Dna Advisors LLP, Dependo Logistics Solutions Private Limited, Relay Strategy Private Limited and 3 more | Director | 28 Aug 2014 | 12 Years 1 Months | Current |
Peer Comparison of Glow Networks Private Limited
Glow Networks Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Optuminsight India Private Limited | ₹125.81 Cr (FY 2021) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Fis Solutions Software (India) Private Limited | ₹125.7 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Radius Global Solutions India BPO Private Limited | ₹125.63 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Technosoft Engineering Projects Limited | ₹125.04 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Global Advertisement Services Private Limited | ₹124.97 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Pune, Maharashtra, India |
| Glow Networks Private Limited this company | ₹124.87 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| Andhra Pradesh Technology Services Limited | ₹124.3 Cr (FY 2022) | •••• | •••• | -22.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Indus Net Technologies Limited | ₹123.94 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Analytix Business Solutions (India) Private Limited | ₹123.59 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| Dotcad Private Limited | ₹123.29 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Ahmedabad, Gujarat, India |
| Sureprep (India) Private Limited | ₹122.91 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Glow Networks by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Glow Networks Private Limited
Glow Networks Private Limited is audited by A V GARG AND ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A V GARG AND ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Glow Networks Private Limited
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Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Glow Networks Private Limited
Glow Networks Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Glow Networks Private Limited
Glow Networks Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Ca Media Digital (India) Private Limited | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Glow Networks Private Limited
Glow Networks Private Limited has a workforce of 24 employees as of Apr 07, 2024.
Employee count
24
Active EPFO establishments
2
Employee growth
-7.69%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Glow Networks Private Limited
Glow Networks has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Dependo Logistics Solutions Private Limited | U63030KA2016PTC096361 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Glow Networks Private Limited
Glow Networks Private Limited has 14 board changes on record since 2007: 2 appointments and 12 cessations. The latest: Anuj Aggarwal ceased to be Additional Director on 30 Sep 2014.
AGM
Glow Networks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Glow Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Anuj Aggarwal ceased to be Additional Director.
Ceased
Hari Narain Singla ceased to be Additional Director.
Ceased
Ivy Rufina Rodrigues ceased to be Additional Director.
Ceased
Ruben Raymond Fernandes ceased to be Director.
Appointed
Anuj Aggarwal was appointed as Director.
Appointed
Hari Narain Singla was appointed as Director.
Ceased
Paul George Martin Palmer ceased to be Director.
Ceased
William Mclaren Crawley ceased to be Director.
Ceased
Jatin Anil Christopher ceased to be Additional Director.
Ceased
Francis Benedict Laurencio ceased to be Director.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Glow Networks Private Limited
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MSME Payment Delays by Glow Networks Private Limited
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Subsidiaries & Group Companies of Glow Networks Private Limited
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GST Compliance of Glow Networks Private Limited
Glow Networks has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCB0757F1Z0 | Haryana | Active | 01 Jul 2017 |
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Glow Networks Private Limited
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Related news about Glow Networks Private Limited
Frequently Asked Questions about Glow Networks Private Limited
Glow Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 March 2007 (19+ years old) and is registered under CIN U72200KA2007PTC041973.
Glow Networks reported revenue of ₹124.87 Cr for FY 2025 (up 24% YoY).
Glow Networks has 2 current directors:
- Hari Narain Singla - Director
- Anuj Aggarwal - Director
Glow Networks reported a net loss of ₹2.64 Cr (net margin -2.1%) and EBITDA of -₹68.16 Lakh (EBITDA margin -0.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Glow Networks is 26% over three years and 337% over five years. In the latest year (FY 2025) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Glow Networks is 06AADCB0757F1Z0, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Glow Networks is U72200KA2007PTC041973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glow Networks has 1 court case on record: 1 filed against it.
Glow Networks was incorporated on 05 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Glow Networks by revenue are Optuminsight India Private Limited, Fis Solutions Software (India) Private Limited, Radius Global Solutions India BPO Private Limited, Technosoft Engineering Projects Limited, Global Advertisement Services Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Anuj Aggarwal ceased to be Additional Director on 30 Sep 2014. Hari Narain Singla ceased to be Additional Director on 30 Sep 2014. Ivy Rufina Rodrigues ceased to be Additional Director on 31 Aug 2014. Glow Networks has 14 board changes on record in total.