Glance Finance Limited - Company Profile

Q: Who are the current directors of Glance Finance Limited?

The current directors of Glance Finance Limited are Chirag Hasmukh Bhuptani, Ranjana Avinash Auti, Prasan Bhandari, Padam Kumar Jain, Narendra Sardarsingh Karnavat, Narendra Laxman Arora, Vandana Girindrachandra Vasudeo, Vaibhav Narendra Karnavat.

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1994.

1994 Mumbai, Maharashtra, India Active

Last Updated: December 26, 2025

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About Glance Finance Limited

Glance Finance Limited, a active public limited company, was established on 21 September 1994 in Mumbai, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: L65920MH1994PLC081333. Registered under ROC Roc Mumbai. it is listed on BSE: 531199. It has an authorized capital of ₹3.50 Cr and a paid-up capital of ₹2.26 Cr.

Formerly known as Glance Finance Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹8.28 Cr and a net worth of ₹25.08 Cr. Its leadership includes Prasan Bhandari (Director), Padam Kumar Jain (Director), Narendra Sardarsingh Karnavat (Director). Past directors included Dewang Bipinkumar Doshi, Prasan Bhandari, Bharat Kumar Khaitan. It holds ₹12.14 Cr open charges and no settled loans. Its latest AGM occurred on 19 September 2025, with the balance sheet filed on 31 March 2025. It is based at 7, Kitab Mahal, 192 Dr. D. N. Road, Fort,, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
L65920MH1994PLC081333
Registration Number
081333
Incorporation Date
21 September 1994
Authorized Capital
₹3.50 Cr
Paid-Up Capital
₹2.26 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 531199)
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.50 Cr as on 26-12-2025
Paid Up Capital ₹ 2.26 Cr as on 26-12-2025
Company Age 31 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 12.14 Cr as on 26-12-2025
Revenue Growth **** 4.39% (FY 2023)
Profit Growth **** -113.98% (FY 2023)
Ebitda **** -16.70% (FY 2023)
Net Worth 3.88% (FY 2023)
Total Assets **** 11.32% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Glance Finance Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Glance Finance Limited?

Current Directors

Name	Designation	Appointment Date	Status
Prasan Bhandari	Director	07 Nov 2019	Current
Padam Kumar Jain	Director	08 Aug 2023	Current
Narendra Sardarsingh Karnavat	Director	17 Oct 2017	Current
Narendra Laxman Arora	Whole-Time Director	01 Jul 2020	Current
Vandana Girindrachandra Vasudeo	Director	19 May 2018	Current
Vaibhav Narendra Karnavat	Whole-Time Director	09 Aug 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Manager	-	Past
Pramod Abcsdd	Additional Director	25 Sep 2020	Past
Pramod Abcsdd	Additional Director	27 Sep 2018	Past
Pramod Abcsdd	Company Secretary	17 Dec 2007	Past
Pramod Abcsdd	Director	24 May 2017	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Glance Finance.

Glance Finance Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.39% increase. The company also saw a substantial fall in profitability, with a 113.98% decrease in profit. The company's net worth moved up by a moderate rise of 3.88%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

4.39%

*******

Revenue from Operations

*******

16.14%

*******

Total Assets

*******

11.32%

*******

Profit or Loss

*******

-113.98%

*******

Net Worth

*******

3.88%

*******

EBITDA

*******

-16.70%

*******

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What is the Ownership and Shareholding Structure of Glance Finance?

In 2023, Glance Finance had a promoter holding of 74.35% and a public holding of 25.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹121,360,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 12.14 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Feb 2023	Others	₹2.36 Cr	Open
30 Dec 2022	Others	₹4.32 M	Open
28 Dec 2022	Others	₹2.16 M	Open
26 Jun 2022	Others	₹1.83 M	Open
26 Jun 2022	Others	₹2.19 M	Open

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How Many Employees Work at Glance Finance?

Unlock and access historical data on people associated with Glance Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Glance Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Glance Finance's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Glance Finance

Recent Activity within the Organization

Annual General Meeting

Glance Finance Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was recorded as a recent event.
19 Sep 2025
Balance Sheet

Progress on Glance Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

Progress on Padam Kumar Jain was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 2 years 6 months . was documented.
08 Aug 2023
Charges

The activity A charge with Others amounted to Rs. 2.36 Cr with Charge ID 100686105 was registered on 10 Feb 2023. was completed.
10 Feb 2023
Charges

A charge with Others amounted to Rs. 0.43 Cr with Charge ID 100674771 was registered on 30 Dec 2022. was recorded as a recent event.
30 Dec 2022
Charges

The activity A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100674838 was registered on 28 Dec 2022. was completed.
28 Dec 2022

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