Glow Prime Technologies Private Limited

Glow Prime Technologies Private Limited - health and wellness services in Bengaluru, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2015PTC080138 Incorporated 06 May 2015 ROC Bangalore HQ Bengaluru, Karnataka, India
Merged Private Limited Company health and wellness services
Data last updated
Revenue · FY 2018
₹5.2 Lakh
▼ 98% YoY
Net loss · FY 2018
₹6.37 Lakh
Net margin -122.4%
EBITDA · FY 2018
-₹2.82 Lakh
EBITDA margin -54.3%
Authorised capital
₹29.3 Lakh
Registered with MCA
Paid-up capital
₹19.11 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
16
Provident fund records
Directors on board
2
As per MCA filings

About Glow Prime Technologies Private Limited

Data last updated:

Glow Prime Technologies Private Limited was a private limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Quikr India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the beauty salons and wellness spas segment of the health and wellness sector. It was incorporated on 06 May 2015.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC080138. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹29.3 Lakh and a paid-up capital of ₹19.11 Lakh. It was led by directors Poondi Devarajan Sundar and Rajesh Sankapankutty Warrier.

Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Bengaluru, Karnataka.

As per the financials filed for FY 2018, the company reported a revenue of ₹5.2 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹6.37 Lakh (net margin -122.4%) and EBITDA of -₹2.82 Lakh (EBITDA margin -54.3%).

The company had about 16 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 2 brands: StayGlad and Quikr. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.79 Cr; the latest was in September 2017. Its 10 peer companies in the Consumer Services industry (Beauty Salons and Spas) are compared by revenue, 5 larger and 5 smaller; the largest is Hairindulgence Unisex Salon Private Limited with revenue of ₹5.81 Lakh.

Company Details of Glow Prime Technologies Private Limited
CIN U72200KA2015PTC080138
Registration Number 080138
Incorporation Date 06 May 2015
ROC Bangalore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 28 September 2018
Date of Balance Sheet 31 March 2018
Parent Company Quikr India Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No.13 4th Main Road Beside Bangalore Public School Near Bda Complex Bda Colony Domlur Vil, Lage, Bengaluru, Karnataka, India – 560071
  • Industry
    Health and Wellness Services, Beauty Salons & Wellness Spas
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Financials, compliance, directors, charges, ownership and filings for Glow Prime Technologies Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Business Activity of Glow Prime Technologies Private Limited

The main business activity of Glow Prime Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Financials of Glow Prime Technologies Private Limited FY 2018 filings available

Glow Prime Technologies Private Limited reported revenue of ₹5.2 Lakh (down 98% YoY) for FY 2018.

Revenue · FY 2018
₹5.2 Lakh ▼ 98%
Net loss · FY 2018
₹6.37 Lakh margin -122.4%
EBITDA · FY 2018
-₹2.82 Lakh margin -54.3%

Compounded Annual Growth Rate (CAGR) of Glow Prime Technologies Private Limited

Revenue CAGR growth
1 year
▼ 98%
EBITDA CAGR growth
1 year
▲ 99%

Revenue fell 98% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Glow Prime Technologies Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹5.2 Lakh••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA-₹2.82 Lakh••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹6.37 Lakh••••••••
Balance Sheet
Share Capital••••••••••••
Reserves and Surplus••••••••••••
Net Worth (Total Equity)••••••••••••
Long-term Borrowings••••••••••••
Short-term Borrowings••••••••••••
Trade Payables••••••••••••
Total Liabilities••••••••••••
Fixed Assets••••••••••••
Investments••••••••••••
Inventories••••••••••••
Trade Receivables••••••••••••
Cash and Bank Balance••••••••••••
Total Assets••••••••••••

Financial Ratios of Glow Prime Technologies Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-54.3%••••••••
Net Profit Margin-122.4%••••••••
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 Prime Technologies are in the company report.

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Financial statements from FY 2016

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Peer Comparison of Glow Prime Technologies Private Limited

Glow Prime Technologies Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Beauty Salons and Spas). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hairindulgence Unisex Salon Private Limited₹5.81 Lakh (FY 2025)••••••••57.0%••••Dehradun, Uttarakhand, India
Accord Salon Private Limited₹5.56 Lakh (FY 2020)••••••••124.0%••••Ludhiana, Punjab, India
Glam9 Solutions Private Limited₹5.45 Lakh (FY 2025)••••••••••••Sanand, Gujarat, India
Ka8 Wellness Private Limited₹5.36 Lakh (FY 2024)••••••••206.0%••••Gurgaon, Haryana, India
K2n2 Private Limited₹5.29 Lakh (FY 2025)••••••••2129.0%••••Ghaziabad, Uttar Pradesh, India
Glow Prime Technologies Private Limited this company₹5.2 Lakh (FY 2018)••••••••-98.0%••••Bengaluru, Karnataka, India
Sohum Wellness Limited₹5.08 Lakh (FY 2025)••••••••-100.0%••••Mumbai, Maharashtra, India
Mayar Health Resorts Limited₹5.03 Lakh (FY 2025)••••••••156.0%••••New Delhi, Delhi, India
Fandan Health and Beauty Private Limited₹4.99 Lakh (FY 2021)••••••••-50.0%••••Jaipur, Rajasthan, India
Glamour World Hair & Beauty Solutions Private Limited₹4.93 Lakh (FY 2025)••••••••43.0%••••Lucknow, Uttar Pradesh, India
Rajani Gupta Private Limited₹4.86 Lakh (FY 2024)••••••••••••Kanpur, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Glow Prime Technologies by revenue in the Consumer Services industry (Beauty Salons and Spas), 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 Prime Technologies Private Limited

Glow Prime Technologies Private Limited is audited by M D A & CO for the financial year 2018.

NameStatusAppointment DateCessation Date
M D A & COLockedLockedLocked
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Board of Directors of Glow Prime Technologies Private Limited

Glow Prime Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Poondi Devarajan SundarDirector15 Nov 20169 Years 11 MonthsAs last reported
Rajesh Sankapankutty WarrierDirector15 Nov 20169 Years 11 MonthsAs last reported

Ownership and Shareholding of Glow Prime Technologies Private Limited

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Charges & Borrowings of Glow Prime Technologies Private Limited

Glow Prime Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Glow Prime Technologies Private Limited

Glow Prime Technologies Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.79 Cr; the latest was in September 2017.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹6.79 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Sep 2017Secondary share transferUndisclosedBuyer: Quikr Mauritius Holding Private Limited, Quikr India Private Limited
Seller: Bessemer Venture Partners, Tracxn Labs
Nov 2016Secondary share transferUndisclosedSeller: 4 individuals
Jun 2015Funding round · Series A₹6.79 CrInvestors: Bessemer Venture Partners, Tracxn Labs, 2 individuals
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Full deal history

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Glow Prime Technologies Private Limited

Glow Prime Technologies operates two associated brands: StayGlad and Quikr. Each brand links to its own profile.

BrandDescriptionWebsite
On-demand beauty services are delivered to homes by certified professionals.stayglad.com
Online platform for second-hand listings and peer-to-peer transactionsquikr.com

Employees and EPFO Compliance at Glow Prime Technologies Private Limited

Employment history and EPFO contributions of people linked to Glow Prime Technologies.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Glow Prime Technologies Private Limited

Glow Prime Technologies Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Kavish Desai ceased to be Director on 28 Feb 2017.

AGM
Glow Prime Technologies Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.
Filing
Glow Prime Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Ceased
Kavish Desai ceased to be Director.
Ceased
Prateek Kumar Jain ceased to be Director.
Ceased
Shashank Gupta ceased to be Director.
Appointed
Poondi Devarajan Sundar was appointed as Director.
Appointed
Rajesh Sankapankutty Warrier was appointed as Director.
Ceased
Raghav Bahl ceased to be Additional Director.
Incorporation
06 May 2015
Glow Prime Technologies Private Limited was registered on 06 May 2015 with Roc Bangalore & aged 11 years 5 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Glow Prime Technologies Private Limited

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MSME Payment Delays by Glow Prime Technologies Private Limited

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Subsidiaries & Group Companies of Glow Prime Technologies Private Limited

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GST Compliance of Glow Prime Technologies Private Limited

Glow Prime Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Glow Prime Technologies Private Limited

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Frequently Asked Questions about Glow Prime Technologies Private Limited

Glow Prime Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Glow Prime Technologies was a private limited company based in Bengaluru, Karnataka, India. The company worked in beauty salons and wellness spas, within the health and wellness services industry. It was incorporated on 06 May 2015 and is registered under CIN U72200KA2015PTC080138. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Glow Prime Technologies was incorporated on 06 May 2015. It is registered with the Registrar of Companies, Bangalore.

Glow Prime Technologies had 2 directors:

The CIN (Corporate Identification Number) of Glow Prime Technologies is U72200KA2015PTC080138. 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 Glow Prime Technologies is at No.13 4th Main Road Beside Bangalore Public School Near Bda Complex Bda Colony Domlur Vil, Lage, Bengaluru, Karnataka, India – 560071.

Glow Prime Technologies reported revenue of ₹5.2 Lakh for FY 2018 (down 98% YoY).

Glow Prime Technologies has an authorised share capital of ₹29.3 Lakh and a paid-up capital of ₹19.11 Lakh.

Glow Prime Technologies reported a net loss of ₹6.37 Lakh (net margin -122.4%) and EBITDA of -₹2.82 Lakh (EBITDA margin -54.3%) for FY 2018, as per its filed financial statements.

No. Glow Prime Technologies has 1 GST registration on record and it is cancelled or inactive.

Glow Prime Technologies operated in the health and wellness services industry, in the beauty salons and wellness spas segment.

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