Glade Garments Private Limited
About Glade Garments Private Limited
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Glade Garments Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 10 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18101DL2005PTC136036. Its GSTIN is 07AACCG6519R1Z1 (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dheeraj Balani and Vinod Khialdas Balani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at G – 267 Sarita Vihar, New Delhi, Delhi, India – 110076.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.1 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹25,473 (net margin -0.2%) and EBITDA of ₹2.44 Lakh (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹26 Lakh and satisfied charges of ₹10.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glade Garments Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 267 Sarita Vihar, New Delhi, Delhi, India – 110076
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Glade Garments 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 Glade Garments is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Glade Garments Private Limited, buy the company report.
Financials of Glade Garments Private Limited
FY 2022 filings availableGlade Garments Private Limited reported revenue of ₹1.1 Cr (down 17% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 17% fall in the latest year. EBITDA fell 49% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹2.44 Lakh | ||||
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| Net Profit (PAT) | -₹25,473 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | -0.2% | ||||
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To see the full financial statements and ratios of Glade Garments Private Limited, buy the company report.
Board of directors of Glade Garments Private Limited
Glade Garments has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dheeraj Balani | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Vinod Khialdas Balani | Director | 10 May 2005 | 21 Years 5 Months | Current |
| Veena Balani | Director | 10 May 2005 | 21 Years 5 Months | Current |
Peer comparison
Glade Garments Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reck Life Fabrics Private Limited | ₹1.11 Cr (FY 2023) | 2.0% | Meerut, Uttar Pradesh, India | |||
| Jovi Ventures Private Limited | ₹1.11 Cr (FY 2025) | 15.0% | Jaipur, Rajasthan, India | |||
| Ishika Lifestyles Private Limited | ₹1.1 Cr (FY 2024) | -57.0% | Surat, Gujarat, India | |||
| Kalpesh Synthetics Pvt Ltd | ₹1.1 Cr (FY 2025) | -90.0% | Mumbai, Maharashtra, India | |||
| Ilma Private Limited | ₹1.1 Cr (FY 2025) | -2.0% | Jaipur, Rajasthan, India | |||
| Glade Garments Private Limitedthis company | ₹1.1 Cr (FY 2019) | -₹25,473 | -0.2% | -17.0% | New Delhi, Delhi, India | |
| Altmat Private Limited | ₹1.1 Cr (FY 2024) | 61.0% | Ahmedabad, Gujarat, India | |||
| Raj Knitfab Private Limited | ₹1.1 Cr (FY 2024) | -47.0% | Amritsar, Punjab, India | |||
| Ocean Luggage Private Limited | ₹1.1 Cr (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Namo Peegee Textiles Private Limited | ₹1.1 Cr (FY 2023) | 42.0% | Bhiwandi, Maharashtra, India | |||
| MRR Industries Private Limited | ₹1.1 Cr (FY 2025) | 27.0% | Panipat, Haryana, India |
To see the full peer comparison of Glade Garments Private Limited, buy the company report.
Auditor
Glade Garments Private Limited is audited by VIJAY KUMAR HOTCHANDANI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY KUMAR HOTCHANDANI | FY 2017 | 084463 |
Shareholding
The shareholding of Glade Garments Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Glade Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2018 | 100158053 | Bank of India | ₹26 Lakh | Open | |
| 19 Apr 2014 | 10495488 | Bank of India | ₹3.5 Lakh | Satisfied | |
| 17 Oct 2013 | 10457735 | Bank of India | ₹7 Lakh | Satisfied |
To see the full charge records of Glade Garments Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Glade Garments 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 Glade Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glade Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCG6519R1Z1 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glade Garments Private Limited, buy the company report.
Recent activity
Glade Garments Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Dheeraj Balani was appointed as Director on 13 Feb 2019.
Frequently asked questions
Glade Garments is an active private limited company based in New Delhi, Delhi, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 10 May 2005 (21+ years old) and is registered under CIN U18101DL2005PTC136036.
Glade Garments has 3 current directors:
- Dheeraj Balani - Director
- Vinod Khialdas Balani - Director
- Veena Balani - Director
The latest financial statements of Glade Garments on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Glade Garments is 07AACCG6519R1Z1, registered in Delhi.
The CIN (Corporate Identification Number) of Glade Garments is U18101DL2005PTC136036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glade Garments was incorporated on 10 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Glade Garments by revenue are Reck Life Fabrics Private Limited, Jovi Ventures Private Limited, Ishika Lifestyles Private Limited, Kalpesh Synthetics Pvt Ltd, Ilma Private Limited and 5 more, all in the same principal business activity (textile, leather and other apparel products).
Dheeraj Balani was appointed as Director on 13 Feb 2019. Veena Balani was appointed as Director on 10 May 2005. Vinod Khialdas Balani was appointed as Director on 10 May 2005.
The registered office of Glade Garments is at G – 267 Sarita Vihar, New Delhi, Delhi, India – 110076.
Glade Garments operates in the apparel and fashion industry, in the leather segment.
Glade Garments has open charges of ₹26 Lakh and satisfied charges of ₹10.5 Lakh as per latest MCA filings.
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