Glace Advisors Private Limited
About Glace Advisors Private Limited
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Glace Advisors 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 business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 October 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2010PTC209737.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹85 Lakh.
Its last annual general meeting (AGM) was held on 23 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at E – 2/4 Vasant Vihar, New Delhi, Delhi, India – 110027.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.74 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹13.95 Lakh and EBITDA of ₹65,829 (EBITDA margin 37.9%).
Its group structure includes 2 subsidiaries.
Company details
Contact details
Glace Advisors Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressE – 2/4 Vasant Vihar, New Delhi, Delhi, India – 110027
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Glace Advisors 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 Glace Advisors Private Limited
FY 2016 filings availableGlace Advisors Private Limited reported revenue of ₹1.74 Lakh (down 96% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 96% in the latest year. EBITDA fell 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.74 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹65,829 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹13.95 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 37.9% | |
| Net Profit Margin | ||
| 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 Glace Advisors Private Limited, buy the company report.
Board of directors of Glace Advisors Private Limited
Glace Advisors has 4 former directors on record and no current directors listed.
Peer comparison
Glace Advisors Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Forde Consultants Private Limited | ₹1.74 Lakh (FY 2024) | 11.0% | Hyderabad, Telangana, India | |||
| Avenue 2 Revenue Media Private Limited | ₹1.74 Lakh (FY 2019) | -38.0% | Mumbai, Maharashtra, India | |||
| Commercial Amplitude Private Limited | ₹1.74 Lakh (FY 2025) | 51.0% | Mumbai, Maharashtra, India | |||
| Credence Financial Consultancy Private Limited | ₹1.74 Lakh (FY 2022) | 43317.0% | Mumbai, Maharashtra, India | |||
| 82 Strategy Consultants and Advisory Services Private Limited | ₹1.74 Lakh (FY 2025) | -42.0% | Bangalore, Karnataka, India | |||
| Glace Advisors Private Limitedthis company | ₹1.74 Lakh (FY 2016) | -₹13.95 Lakh | -96.0% | New Delhi, Delhi, India | ||
| Sur Consultancy & Projects Private Limited | ₹1.73 Lakh (FY 2025) | 105.0% | Kolkata, West Bengal, India | |||
| SPM Buildtech Private Limited | ₹1.73 Lakh (FY 2025) | 111.0% | Delhi, India | |||
| Professional Consultant Solution Planet Private Limited | ₹1.73 Lakh (FY 2025) | 6.0% | Delhi, India | |||
| Coindesu Technologies Private Limited | ₹1.73 Lakh (FY 2019) | -84.0% | Pune, Maharashtra, India | |||
| R G Freelancers Private Limited | ₹1.72 Lakh (FY 2025) | -12.0% | New Delhi, Delhi, India |
To see the full peer comparison of Glace Advisors Private Limited, buy the company report.
Auditor
Glace Advisors Private Limited is audited by SHIVESH & COMPANY for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVESH & COMPANY | FY 2016 | 022493N |
Shareholding
The shareholding of Glace Advisors Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Glace Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glace Advisors 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 Glace Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Glace Advisors has 2 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Joyous Probuild Private Limited | U70200DL2013PTC253450 | |
| Joyous Probuild Private Limited | U70200DL2013PTC253450 |
To see the full group structure of Glace Advisors Private Limited, buy the company report.
GST
No GST registration is on our record for Glace Advisors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Glace Advisors Private Limited has 4 board changes on record since 2011: 0 appointments and 4 cessations. The latest: Umesh Kapoor ceased to be Director on 30 Apr 2017.
Frequently asked questions
Glace Advisors 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.
Glace Advisors was a private limited company based in New Delhi, Delhi, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 October 2010 and is registered under CIN U74140DL2010PTC209737. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Glace Advisors is U74140DL2010PTC209737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glace Advisors was incorporated on 23 October 2010. It is registered with the Registrar of Companies, Delhi.
The registered office of Glace Advisors is at E – 24 Vasant Vihar, New Delhi, Delhi, India – 110027.
The latest financial statements of Glace Advisors on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 23 September 2016. Year-wise statements from 2015 are in the company report.
Glace Advisors operated in the business outsourcing industry, in the business and IT consulting segment.
The peers of Glace Advisors by revenue are Forde Consultants Private Limited, Avenue 2 Revenue Media Private Limited, Commercial Amplitude Private Limited, Credence Financial Consultancy Private Limited, 82 Strategy Consultants and Advisory Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Umesh Kapoor ceased to be Director on 30 Apr 2017. Kamall Ahuja ceased to be Director on 12 Oct 2011. Subhash Chand ceased to be Director on 12 Oct 2011. Glace Advisors has 4 board changes on record in total.
Glace Advisors has 2 subsidiary companies including Joyous Probuild Private Limited, Joyous Probuild Private Limited.
Glace Advisors can be reached at its registered office: E – 24 Vasant Vihar, New Delhi, Delhi, India – 110027.