
About GLR Products Private Limited
Data last updated:
GLR Products Private Limited is a private limited company based in Vapi, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74110GJ2008PTC052925.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Green Leaves Financial Private Limited and Green Leaves Financial Services Private Limited. It is led by directors Ankush Kirit Shah and Pragnesh Ratilal Banker.
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 Plot No. 919 Phase 3 GIDC, Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.48 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.29 Cr (net margin 86%) and EBITDA of ₹8.47 Cr (EBITDA margin 99.9%). Revenue has grown at a compounded annual rate (CAGR) of 195% over three years and 102% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glrindia.com.
Company details
Name history
GLR Products has undergone 2 name changes throughout its history. The company was previously known as Green Leaves Financial Private Limited, and Green Leaves Financial Services Private Limited. The current legal name is Glr Products Private Limited.
| Company Name | Status |
|---|---|
| GLR Products Private Limited | Current |
| Green Leaves Financial Private Limited | Previous |
| Green Leaves Financial Services Private Limited | Previous |
CIN history
GLR Products has one previous CIN (Corporate Identification Number): U74140GJ2008PTC052925. The current CIN is U74110GJ2008PTC052925, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GJ2008PTC052925 | Current |
| U74140GJ2008PTC052925 | Previous |
Contact details
GLR Products Private Limited's registered office is in Vapi, Gujarat. Its website is glrindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 919 Phase 3 GIDC, Vapi, Gujarat, India – 396195
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of GLR Products 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 GLR Products Private Limited
FY 2025 filings availableGLR Products Private Limited reported revenue of ₹8.48 Cr (up 4207% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 102% over five years. 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 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 | ₹8.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.29 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.9% | ||||
| Net Profit Margin | 86% | ||||
| 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 | |||||
To see the full financial statements and ratios of GLR Products Private Limited, buy the company report.
Board of directors of GLR Products Private Limited
GLR Products 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 |
|---|---|---|---|---|
| Ankush Kirit Shah | Director | 14 Feb 2008 | 18 Years 8 Months | Current |
| Pragnesh Ratilal Banker | Director | 13 Mar 2014 | 12 Years 8 Months | Current |
Peer comparison
GLR Products Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tychem Technologies Private Limited | ₹8.55 Cr (FY 2024) | 137.0% | Gurgaon, Haryana, India | |||
| Hotel Rajtilak Pvt Ltd | ₹8.55 Cr (FY 2025) | 37.0% | Bhopal, Madhya Pradesh, India | |||
| Wisilica India Private Limited | ₹8.51 Cr (FY 2025) | -26.0% | Ernakulam, Kerala, India | |||
| Rhinexa India Private Limited | ₹8.5 Cr (FY 2024) | 45.0% | Hyderabad, Telangana, India | |||
| S R Computech Private Limited | ₹8.49 Cr (FY 2024) | 161.0% | New Delhi, Delhi, India | |||
| GLR Products Private Limitedthis company | ₹8.48 Cr (FY 2025) | ₹7.29 Cr | 86% | 4207.0% | Vapi, Gujarat, India | |
| Sage Technologies Private Limited | ₹8.47 Cr (FY 2025) | 10.0% | Delhi, India | |||
| Ngenious Solutions Private Limited | ₹8.45 Cr (FY 2024) | 0.0% | Thane, Maharashtra, India | |||
| Valley Telegence Private Limited | ₹8.42 Cr (FY 2023) | -28.0% | New Delhi, Delhi, India | |||
| Cellarstone India Private Limited | ₹8.41 Cr (FY 2025) | -8.0% | Chennai, Tamil Nadu, India | |||
| American Unit (India) Private Limited | ₹8.41 Cr (FY 2024) | 30.0% | Hyderabad, Telangana, India |
To see the full peer comparison of GLR Products Private Limited, buy the company report.
Auditor
GLR Products Private Limited is audited by J V VASANI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J V VASANI & CO | FY 2020 | 114283W |
Shareholding
The shareholding of GLR Products Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of GLR Products Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving GLR Products 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 GLR Products 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 GLR Products Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
GLR Products Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Nirupam Divyakant Patel ceased to be Director on 15 Mar 2014.
Frequently asked questions
GLR Products is an active private limited company based in Vapi, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 February 2008 (18+ years old) and is registered under CIN U74110GJ2008PTC052925.
GLR Products has 2 current directors:
- Ankush Kirit Shah - Director
- Pragnesh Ratilal Banker - Director
The latest financial statements of GLR Products 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 2015 are in the company report.
The CIN (Corporate Identification Number) of GLR Products is U74110GJ2008PTC052925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GLR Products was incorporated on 14 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of GLR Products by revenue are Tychem Technologies Private Limited, Hotel Rajtilak Pvt Ltd, Wisilica India Private Limited, Rhinexa India Private Limited, S R Computech Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Nirupam Divyakant Patel ceased to be Director on 15 Mar 2014. Pragnesh Ratilal Banker was appointed as Director on 13 Mar 2014. Ankush Kirit Shah was appointed as Director on 14 Feb 2008.
GLR Products can be reached through the website glrindia.com. Its registered office is in Vapi, Gujarat, India.
The registered office of GLR Products is at Plot No. 919 Phase 3 GIDC, Vapi, Gujarat, India – 396195.
GLR Products operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of GLR Products is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.

