Glacier Trades Private Limited
About Glacier Trades Private Limited
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Glacier Trades Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 17 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1995PTC094555.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Samit Prafulla Hede and Prafulla Rajaram Hede.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor Balaji Bhavan 14 Best Marg Colaba, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹40,000 (net margin -40%) and EBITDA of -₹23,700 (EBITDA margin -23.7%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 17% over five years.
As per MCA filings, the company has satisfied charges of ₹1.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glacier Trades Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Balaji Bhavan 14 Best Marg Colaba, Mumbai, Maharashtra, India – 400001
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Glacier Trades 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 Glacier Trades is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Glacier Trades Private Limited, buy the company report.
Financials of Glacier Trades Private Limited
FY 2024 filings availableGlacier Trades Private Limited reported revenue of ₹1 Lakh (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 1% fall in the latest year. EBITDA fell 272% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹23,700 | ||||
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| Net Profit (PAT) | -₹40,000 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -23.7% | ||||
| Net Profit Margin | -40% | ||||
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To see the full financial statements and ratios of Glacier Trades Private Limited, buy the company report.
Board of directors of Glacier Trades Private Limited
Glacier Trades has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samit Prafulla Hede Also directs: Palolem Resorts LLP, Hede Resources Limited, Hede Consultancy Company Private Limited and 5 more | Director | 25 Mar 2017 | 9 Years 7 Months | Current |
| Prafulla Rajaram Hede Also directs: Palolem Resorts LLP, Hede Resources Limited, Hede Consultancy Company Private Limited and 4 more | Director | 25 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Glacier Trades Private Limited is audited by BHARAT GUPTA AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT GUPTA AND CO | FY 2022 | 131010W |
Shareholding
The shareholding of Glacier Trades Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glacier Trades Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2003 | 90152623 | Idbi Bank Limited | ₹1 Cr | Satisfied | |
| 22 Jul 2002 | 80066729 | The Madgaum Urban Co-Op Bank Ltd | ₹60 Lakh | Satisfied |
To see the full charge records of Glacier Trades Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Glacier Trades 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 Glacier Trades Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Glacier Trades has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Glacier Trades Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Glacier Trades Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Prafulla Rajaram Hede ceased to be Additional Director on 29 Sep 2017.
4 earlier events are in the company report.
Frequently asked questions
Glacier Trades is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 17 November 1995 (31+ years old) and is registered under CIN U51900MH1995PTC094555.
Glacier Trades has 2 current directors:
- Samit Prafulla Hede - Director
- Prafulla Rajaram Hede - Director
The latest financial statements of Glacier Trades on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Glacier Trades is U51900MH1995PTC094555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glacier Trades was incorporated on 17 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Prafulla Rajaram Hede ceased to be Additional Director on 29 Sep 2017. Samit Prafulla Hede ceased to be Additional Director on 29 Sep 2017. Prafulla Rajaram Hede was appointed as Director on 25 Mar 2017. Glacier Trades has 7 board changes on record in total.
The registered office of Glacier Trades is at 2nd Floor Balaji Bhavan 14 Best Marg Colaba, Mumbai, Maharashtra, India – 400001.
Glacier Trades operates in the trading industry, in the wholesale segment.
Glacier Trades has no open charges and satisfied charges of ₹1.6 Cr as per latest MCA filings.
The compliance status of Glacier Trades is compliant as of 08 August 2026. The company is actively filing with the Registrar of Companies.
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