Glowstar Builders & Developers Private Limited
About Glowstar Builders & Developers Private Limited
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Glowstar Builders & Developers Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 March 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2007PTC161176.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.5 Lakh. It was led by directors Shweta Khatter and Harsh Kumar Khatter.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 32/4A First Floor Double Storey Ashok Nagar, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2023, the company reported a revenue of ₹55,000, a decline of 97% compared to the previous year. For the same year it recorded a net profit of ₹18,503 (net margin 33.6%) and EBITDA of ₹18,503 (EBITDA margin 33.6%). Revenue has declined at a compounded annual rate (CAGR) of 123% over three years and 28% over five years.
Company details
Contact details
Glowstar Builders & Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address32/4A First Floor Double Storey Ashok Nagar, New Delhi, Delhi, India – 110018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Glowstar Builders & Developers 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 Glowstar Builders & Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Glowstar Builders & Developers Private Limited, buy the company report.
Financials of Glowstar Builders & Developers Private Limited
FY 2023 filings availableGlowstar Builders & Developers Private Limited reported revenue of ₹55,000 (down 97% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 97% fall in the latest year. EBITDA rose 104% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹55,000 | ||||
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| EBITDA | ₹18,503 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹18,503 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 33.6% | ||||
| Net Profit Margin | 33.6% | ||||
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To see the full financial statements and ratios of Glowstar Builders & Developers Private Limited, buy the company report.
Board of directors of Glowstar Builders & Developers Private Limited
Glowstar Builders & Developers 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 |
|---|---|---|---|---|
| Shweta Khatter | Director | 06 Mar 2012 | 14 Years 7 Months | As last reported |
| Harsh Kumar Khatter Also directs: Elite Housing Estate Maintenance Services LLP, Landspect Builders & Developers LLP, HHC Realtors LLP and 5 more | Director | 28 Mar 2007 | 19 Years 6 Months | As last reported |
Peer comparison
Glowstar Builders & Developers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Identical Builders Private Limited | ₹55,036 (FY 2025) | 75292.0% | Kolkata, West Bengal, India | |||
| Glowstar Builders & Developers Private Limitedthis company | ₹55,000 (FY 2023) | ₹18,503 | 33.6% | -97.0% | New Delhi, Delhi, India | |
| Easy Developers Private Limited | ₹55,000 (FY 2025) | -99.0% | Delhi, India | |||
| JRD Builders Private Limited | ₹55,000 (FY 2025) | 111.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Glowstar Builders & Developers Private Limited, buy the company report.
Auditor
Glowstar Builders & Developers Private Limited is audited by DEEPAK AND ARORA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK AND ARORA | FY 2023 | 003227N |
Shareholding
The shareholding of Glowstar Builders & Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glowstar Builders & Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glowstar Builders & Developers 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 Glowstar Builders & Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Glowstar Builders & Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Glowstar Builders & Developers Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Atam Parkash ceased to be Director on 11 Mar 2012.
Frequently asked questions
Glowstar Builders & Developers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Glowstar Builders & Developers was a private limited company based in New Delhi, Delhi, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 March 2007 and is registered under CIN U45400DL2007PTC161176. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Glowstar Builders & Developers is U45400DL2007PTC161176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glowstar Builders & Developers had 2 directors:
- Shweta Khatter - Director
- Harsh Kumar Khatter - Director
Glowstar Builders & Developers was incorporated on 28 March 2007. It is registered with the Registrar of Companies, Delhi.
The registered office of Glowstar Builders & Developers is at 324A First Floor Double Storey Ashok Nagar, New Delhi, Delhi, India – 110018.
The latest financial statements of Glowstar Builders & Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Glowstar Builders & Developers operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Glowstar Builders & Developers by revenue are Identical Builders Private Limited, Easy Developers Private Limited, JRD Builders Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Atam Parkash ceased to be Director on 11 Mar 2012. Shweta Khatter was appointed as Director on 06 Mar 2012. Harsh Kumar Khatter was appointed as Director on 28 Mar 2007.
The compliance status of Glowstar Builders & Developers is compliant as of 20 September 2026.