Glutaweis Cosmetics Private Limited

Glutaweis Cosmetics Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51909MH2019PTC328794 Incorporated 01 August 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company e-commerce DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹78.66 Lakh
▲ 18% YoY
Net loss · FY 2024
₹1.96 Cr
Net margin -249.2%
EBITDA · FY 2024
-₹1.84 Cr
EBITDA margin -233.8%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹4.42 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
7
Provident fund records
Directors on board
2
As per MCA filings

About Glutaweis Cosmetics Private Limited

Data last updated:

Glutaweis Cosmetics Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of I.G.S Llc Dba and recognised as a startup by DPIIT. It operates in the online perfume retail segment of the e-commerce sector. It was incorporated on 01 August 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2019PTC328794. Its GSTIN is 27AAHCG9317L1Z4 (Maharashtra).

The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹4.42 Cr. It is led by directors Karim Lalani and Khayl Reis Lalani.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 303 3rd Floor Maruti Business Park, Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹78.66 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.96 Cr (net margin -249.2%) and EBITDA of -₹1.84 Cr (EBITDA margin -233.8%). Revenue has grown at a compounded annual rate (CAGR) of 136% over three years.

The company has about 7 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Glutaweis.

Glutaweis Cosmetics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0080866). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glutaweis.com.

Company details

CIN U51909MH2019PTC328794
Registration Number 328794
Incorporation Date 01 August 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company I.G.S Llc Dba
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0080866

Recognitions & Rankings of Glutaweis Cosmetics

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0080866

Contact details

Glutaweis Cosmetics Private Limited's registered office is in Mumbai, Maharashtra. Its website is glutaweis.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit No.303 3rd Floor Maruti Business Park, Fun Republic Lane Near Yrf Studio Andheri West, Mumbai, Maharashtra, India – 400053
  • Industry
    E-Commerce, Online Perfume Retail, Online Cosmetics Retail

To see the full contact details of Glutaweis Cosmetics Private Limited, buy the company report.

Comprehensive company report
Glutaweis Cosmetics Private Limited - one report that includes everything
  • 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
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Brands

Glutaweis Cosmetics operates one associated brand: Glutaweis. Each brand links to its own profile.

BrandDescriptionWebsite
Offers glutathione-infused creams, serums, and cleansers for anti-aging skin care.glutaweis.com

Business activity

The main business activity of Glutaweis Cosmetics is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Glutaweis Cosmetics Private Limited, buy the company report.

Financials of Glutaweis Cosmetics Private Limited

FY 2024 filings available

Glutaweis Cosmetics Private Limited reported revenue of ₹78.66 Lakh (up 18% YoY) for FY 2024.

Revenue · FY 2024
₹78.66 Lakh ▲ 18%
Net loss · FY 2024
₹1.96 Cr margin -249.2%
EBITDA · FY 2024
-₹1.84 Cr margin -233.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 136%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 60%

Revenue has grown at a compounded annual rate (CAGR) of 136% over three years, including 18% growth in the latest year. EBITDA fell 6% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹1.84 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.96 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-233.8%
Net Profit Margin-249.2%
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 Glutaweis Cosmetics Private Limited, buy the company report.

Board of directors of Glutaweis Cosmetics Private Limited

Glutaweis Cosmetics has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Karim LalaniDirector30 May 20233 Years 4 MonthsCurrent
Khayl Reis LalaniDirector01 Aug 20197 Years 2 MonthsCurrent

Auditor

Glutaweis Cosmetics Private Limited is audited by MATHIA & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
MATHIA & COFY 2022126504W

Shareholding

The shareholding of Glutaweis Cosmetics Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Glutaweis Cosmetics Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Glutaweis Cosmetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Glutaweis Cosmetics Private Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1
Employee growth
16.67%

GST

Glutaweis Cosmetics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCG9317L1Z4MaharashtraActive01 Oct 2019

To see the full GST registrations and return filing status of Glutaweis Cosmetics Private Limited, buy the company report.

Recent activity

Glutaweis Cosmetics Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Karim Lalani was appointed as Director on 30 May 2023.

AGM
Glutaweis Cosmetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Glutaweis Cosmetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Karim Lalani was appointed as Director.
Ceased
Roseneet Harbir Singh Ahluwalia ceased to be Additional Director.
Ceased
Karim Lalani ceased to be Director.
Ceased
Radhika Bhavin Sheth ceased to be Director.
Appointed
Khayl Reis Lalani was appointed as Director.
Incorporation
01 Aug 2019
Glutaweis Cosmetics Private Limited was registered on 01 Aug 2019 with Roc Mumbai & aged 7 years 2 months as per MCA records.

Frequently asked questions

Glutaweis Cosmetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in online perfume retail, within the e-commerce industry. It was incorporated on 01 August 2019 (7+ years old) and is registered under CIN U51909MH2019PTC328794.

Glutaweis Cosmetics has 2 current directors:

The latest financial statements of Glutaweis Cosmetics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Glutaweis Cosmetics is 27AAHCG9317L1Z4, registered in Maharashtra.

The CIN (Corporate Identification Number) of Glutaweis Cosmetics is U51909MH2019PTC328794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Glutaweis Cosmetics was incorporated on 01 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Karim Lalani was appointed as Director on 30 May 2023. Roseneet Harbir Singh Ahluwalia ceased to be Additional Director on 30 May 2023. Karim Lalani ceased to be Director on 29 Mar 2023. Glutaweis Cosmetics has 5 board changes on record in total.

Yes, Glutaweis Cosmetics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Glutaweis Cosmetics is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0080866).

Glutaweis Cosmetics can be reached through the website glutaweis.com. Its registered office is in Mumbai, Maharashtra, India.