Glow Networks Private Limited

Glow Networks Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2007PTC041973 Incorporated 05 March 2007 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME
Data last updated
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

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

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 NameStatus
Glow Networks Private LimitedCurrent
Bubble Motion Research And Development India Private LimitedPrevious

Recognitions & Rankings of Glow Networks

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-HR-13-0005684

Contact details

Glow Networks Private Limited's registered office is in Bangalore, Karnataka. Its website is bubbly.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Regus Centre Services Bangalore Private Limited Level2 Prestige Omega No.104 Epipzone W, Hitefield, Karnataka, India – 560066
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Glow Networks Private Limited, buy the company report.

Comprehensive company report
Glow Networks 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

Glow Networks operates two associated brands: Bubbly and Dependo. Each brand links to its own profile.

BrandDescriptionWebsite
Mobile voice messages focused social platformbubbly.net
Doorstep pickup and packaging for courier services are provided.dependo.com

Business activity

The main business activity of Glow Networks is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

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

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)

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

To see the full financial statements and ratios of Glow Networks Private Limited, buy the company report.

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
NameDesignationAppointment DateTenureStatus
Hari Narain SinglaDirector28 Aug 201412 Years 1 MonthsCurrent
Anuj AggarwalDirector28 Aug 201412 Years 1 MonthsCurrent

Auditor

Glow Networks Private Limited is audited by A V GARG AND ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
A V GARG AND ASSOCIATESFY 2022037099N

Shareholding

The shareholding of Glow Networks Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Glow Networks Private Limited, buy the company report.

MSME payment delays

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

Group structure & subsidiaries

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 NameCINShares held
Dependo Logistics Solutions Private LimitedU63030KA2016PTC096361

To see the full group structure of Glow Networks Private Limited, buy the company report.

Employees & EPFO

Glow Networks Private Limited has a workforce of 24 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.

Employee count
24
Active EPFO establishments
2
Employee growth
-7.69%

GST

Glow Networks has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
06AADCB0757F1Z0HaryanaActive01 Jul 2017

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

Recent activity

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 in the company report.

Frequently asked questions

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 has 2 current directors:

The latest financial statements of Glow Networks 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 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.

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.

Yes, Glow Networks is registered as an MSME under Udyam registration (number: UDYAM-HR-13-0005684).

Glow Networks can be reached through the website bubbly.net. Its registered office is in Bangalore, Karnataka, India.