About Glance Finance Limited
Data last updated: 13 July 2026
Glance Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 21 September 1994, the company has been in operation for over 32 years.
Registered with ROC Mumbai under CIN L65920MH1994PLC081333. Listed on BSE: 531199.
Capital: an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.26 Cr. Formerly known as Glance Finance Private Limited. It is led by directors including Vaibhav Narendra Karnavat and Vandana Girindrachandra Vasudeo.
Last AGM: 19 September 2025. Financial statements filed for year ended 31 March 2025. Office: 7 Kitab Mahal 192 Dr. D. N. Road Fort, Mumbai, Maharashtra, India – 400001.
As per BSE-filed standalone financials for FY 2024, the company reported a revenue of ₹23.23 Cr, reflecting significant growth compared to the previous year. The net worth stands at ₹36.37 Cr (up 45.02% YoY). Total assets are valued at ₹46.92 Cr (up 13.04% YoY).
The company is associated with 2 brands - Glance Finance, Glance Finance. As per MCA filings, the company has open charges of ₹7.9 Cr and satisfied charges of ₹6.24 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glancefin.com.
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Website
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Registered Address7 Kitab Mahal 192 Dr. D. N. Road Fort, Mumbai, Maharashtra, India – 400001
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Glance Finance Limited
Glance Finance Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65920MH1994PLC081333, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65920MH1994PLC081333 | Current |
| L65920MH1994PTC081333 | Previous |
| U65920MH1994PLC081333 | Previous |
Associated Brands with Glance Finance Limited
Glance Finance Limited operates two associated brands: Glance Finance and Glance Finance. These brands represent Glance Finance Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Securities broker | glancefinance.com | |
| Business loans and asset financing solutions are provided. | glancefinance.in |
Competitors & Alternatives of Glance Finance Limited
Brands and companies operating in the same space as Glance Finance Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
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Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
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Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
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Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
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Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Kinara Capital
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Glance Finance Limited
Glance Finance Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Glance Finance Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Glance Finance Limited
Glance Finance Limited is audited by AMAR BAFNA & ASSOCIATES for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMAR BAFNA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Glance Finance Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Glance Finance Limited
Glance Finance Limited is currently managed by 6 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vaibhav Narendra Karnavat
Also directs:
Glance Finance Limited, Glance Capital Services Llp, Sampoorna Ventures Llp and 5 more
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Whole-Time Director | 09 Aug 2022 | 4 Years 0 Months | Current |
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Vandana Girindrachandra Vasudeo
Also directs:
Glance Finance Limited
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Director | 19 May 2018 | 8 Years 3 Months | Current |
| Narendra Laxman Arora | Whole-Time Director | 01 Jul 2020 | 6 Years 1 Months | Current |
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Prasan Bhandari
Also directs:
Glance Finance Limited
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Director | 07 Nov 2019 | 6 Years 9 Months | Current |
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Narendra Sardarsingh Karnavat
Also directs:
Glance Finance Limited, Glance Capital Services Llp, Karnavat Commercials Llp and 5 more
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Director | 17 Oct 2017 | 8 Years 10 Months | Current |
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Padam Kumar Jain
Also directs:
Glance Finance Limited, Burhanpur Textiles Limited, Reckon Trading Private Limited and 2 more
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Director | 08 Aug 2023 | 3 Years 0 Months | Current |
Financials of Glance Finance Limited FY 2024 filings available
Glance Finance Limited reported revenue of ₹23.23 Cr (up 183.06% YoY) for FY 2024.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹23.23 Cr | ₹8.21 Cr | ₹7.07 Cr | ₹3.5 Cr | ₹5.38 Cr | ₹4.32 Cr |
| Interest Earned | ₹11.67 Lakh | ₹6.22 Lakh | ₹47.94 Lakh | ₹76.43 Lakh | ₹87.23 Lakh | - |
| Other Income | ₹35,000 | ₹7.62 Lakh | ₹86.89 Lakh | ₹57.81 Lakh | ₹16,000 | ₹38,000 |
| Total Income | ₹23.24 Cr | ₹8.28 Cr | ₹7.94 Cr | ₹4.07 Cr | ₹5.38 Cr | - |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹9.45 Cr | ₹6.98 Lakh | ₹85.23 Lakh | ₹11.85 Lakh | ₹8.91 Lakh | ₹87.85 Lakh |
| Changes in Inventories | ₹2.26 Cr | ₹1.4 Cr | -₹72.93 Lakh | -₹39.31 Lakh | ₹4.51 Cr | ₹2.36 Cr |
| Employee Benefit Expense | ₹46.51 Lakh | ₹55.56 Lakh | ₹51.29 Lakh | ₹40.29 Lakh | ₹34.49 Lakh | ₹32.25 Lakh |
| Finance Costs | ₹1.12 Cr | ₹1.01 Cr | ₹69.11 Lakh | ₹17.62 Lakh | ₹1.09 Lakh | ₹0 |
| Depreciation & Amortisation | ₹6.11 Cr | ₹4.36 Cr | ₹2.37 Cr | ₹42.55 Lakh | ₹6.29 Lakh | - |
| Other Expenses | ₹50.44 Lakh | ₹1.21 Cr | ₹1.24 Cr | ₹93.6 Lakh | ₹70.83 Lakh | ₹23.06 Lakh |
| Total Expenses | ₹19.91 Cr | ₹8.61 Cr | ₹4.94 Cr | ₹1.67 Cr | ₹5.73 Cr | ₹3.82 Cr |
| Profit Before Exceptional Items & Tax | ₹3.32 Cr | -₹32.19 Lakh | ₹3 Cr | ₹2.41 Cr | -₹34.64 Lakh | - |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - |
| Profit Before Tax | ₹3.32 Cr | -₹32.19 Lakh | ₹3 Cr | ₹2.41 Cr | -₹34.64 Lakh | ₹50.05 Lakh |
| Total Tax Expense | ₹1.38 Cr | -₹2.8 Lakh | ₹89.56 Lakh | ₹1.14 Cr | -₹46.28 Lakh | ₹82,000 |
| Net Profit | ₹1.94 Cr | -₹29.39 Lakh | ₹2.1 Cr | ₹1.27 Cr | ₹11.65 Lakh | ₹49.23 Lakh |
| Other Comprehensive Income | ₹9.35 Cr | ₹1.23 Cr | ₹2.16 Cr | ₹4.14 Cr | -₹1.56 Cr | - |
| Total Comprehensive Income | ₹11.29 Cr | ₹93.66 Lakh | ₹4.26 Cr | ₹5.41 Cr | -₹1.44 Cr | - |
| EBITDA (computed) | ₹10.55 Cr | ₹5.05 Cr | ₹6.06 Cr | ₹3.01 Cr | -₹27.26 Lakh | - |
| Basic EPS | ₹8.60 | ₹-1.30 | ₹9.32 | ₹5.62 | ₹0.52 | - |
| Diluted EPS | ₹8.60 | ₹-1.30 | ₹9.32 | ₹5.62 | ₹0.52 | - |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Total Assets | ₹46.92 Cr | ₹41.51 Cr | ₹37.29 Cr | ₹24.66 Cr | ₹16.7 Cr | ₹17.14 Cr |
| Non-current Assets | - | - | - | - | - | ₹12.46 Cr |
| Current Assets | - | - | - | - | - | ₹4.68 Cr |
| Property, Plant & Equipment | ₹23 Cr | ₹22.1 Cr | ₹16.29 Cr | ₹5.94 Cr | ₹2.98 Cr | - |
| Inventories | ₹0 | ₹3.3 Lakh | ₹3.23 Lakh | ₹11.11 Lakh | ₹2.54 Cr | ₹3.33 Cr |
| Cash & Equivalents | ₹1.09 Cr | ₹22.21 Lakh | ₹32.25 Lakh | ₹1.08 Cr | ₹29.31 Lakh | ₹16.1 Lakh |
| Equity (Net Worth) | ₹36.37 Cr | ₹25.08 Cr | ₹24.15 Cr | ₹20.19 Cr | ₹14.79 Cr | - |
| Equity Share Capital | ₹2.28 Cr | ₹2.28 Cr | ₹2.28 Cr | ₹2.28 Cr | ₹2.28 Cr | - |
| Current Liabilities | - | - | - | - | - | ₹8.68 Lakh |
| Total Liabilities | ₹10.55 Cr | ₹16.43 Cr | ₹13.14 Cr | ₹4.47 Cr | ₹1.91 Cr | - |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | ₹11.57 Cr | ₹4.69 Cr | ₹3.27 Cr |
| Investing Cash Flow | -₹3.1 Cr | -₹7.34 Cr | -₹9.48 Cr |
| Financing Cash Flow | -₹7.6 Cr | ₹2.55 Cr | ₹5.46 Cr |
| Capital Expenditure | ₹6.68 Cr | ₹9.83 Cr | ₹12.87 Cr |
| Free Cash Flow (computed) | ₹4.89 Cr | -₹5.13 Cr | -₹9.6 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹86.48 Lakh | -₹10.04 Lakh | -₹75.59 Lakh |
| Metrics | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|
| Revenue from Operations | ₹5.93 Cr | ₹13.36 Cr | ₹3.52 Cr |
| Interest Earned | ₹12.78 Lakh | ₹12.96 Lakh | ₹7.59 Lakh |
| Other Income | ₹25,000 | ₹13.57 Lakh | ₹0 |
| Total Income | ₹5.93 Cr | ₹13.49 Cr | ₹3.52 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹3.49 Cr | ₹10.1 Cr | ₹0 |
| Changes in Inventories | -₹8.74 Lakh | ₹0 | ₹0 |
| Employee Benefit Expense | ₹11.76 Lakh | ₹11.46 Lakh | ₹11.39 Lakh |
| Finance Costs | ₹12.02 Lakh | ₹14.43 Lakh | ₹16.87 Lakh |
| Depreciation & Amortisation | ₹1.57 Cr | ₹1.65 Cr | ₹1.64 Cr |
| Other Expenses | ₹15.67 Lakh | ₹10.46 Lakh | ₹9.44 Lakh |
| Total Expenses | ₹5.37 Cr | ₹12.11 Cr | ₹2.02 Cr |
| Profit Before Exceptional Items & Tax | ₹56.3 Lakh | ₹1.38 Cr | ₹1.5 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹56.3 Lakh | ₹1.38 Cr | ₹1.5 Cr |
| Total Tax Expense | ₹15.55 Lakh | ₹39.81 Lakh | ₹59 Lakh |
| Net Profit | ₹40.75 Lakh | ₹98.13 Lakh | ₹91.4 Lakh |
| Other Comprehensive Income | ₹3.23 Cr | -₹1.45 Cr | ₹5.75 Cr |
| Total Comprehensive Income | ₹3.64 Cr | -₹47.27 Lakh | ₹6.67 Cr |
| EBITDA (computed) | ₹2.25 Cr | ₹3.17 Cr | ₹3.31 Cr |
| Basic EPS | ₹1.81 | ₹4.35 | ₹4.05 |
| Diluted EPS | ₹1.81 | ₹4.35 | ₹4.05 |
Shareholding Pattern of Glance Finance Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 74.34%, retail and other public shareholders hold 25.66% of Glance Finance Limited. The company had 1,022 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 74.34% | 74.34% | 74.34% | 74.34% | 74.34% | 74.34% |
| Public | 25.66% | 25.66% | 25.66% | 25.66% | 25.66% | 25.66% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 74.34% | 74.34% | 74.34% |
| Public | 25.66% | 25.66% | 25.66% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Glance Finance Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2026 | Others | ₹2 Cr | Open |
| 10 Feb 2023 | Others | ₹2.36 Cr | Open |
| 30 Dec 2022 | Others | ₹43.2 Lakh | Open |
| 28 Dec 2022 | Others | ₹21.6 Lakh | Open |
| 26 Jun 2022 | Others | ₹18.25 Lakh | Open |
Total charge records: 23 View all charges
Employees and EPFO Compliance at Glance Finance Limited
View historical data on people associated with Glance Finance Limited, including employment history and EPFO contributions.
Employee and EPFO history for Glance Finance Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Glance Finance Limited
GST registrations and filing compliance for Glance Finance Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Glance Finance Limited
Credit ratings, litigation, and regulatory alerts for Glance Finance Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Glance Finance Limited
MSME payment history for Glance Finance Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
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- MSME-1 filing history
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Subsidiaries & Group Companies of Glance Finance Limited
Corporate group structure for Glance Finance Limited
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MCA Filings & Documents of Glance Finance Limited
MCA filings and documents for Glance Finance Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Glance Finance Limited
Frequently Asked Questions about Glance Finance Limited
Glance Finance Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 21 September 1994 (32+ years old) and is registered under CIN L65920MH1994PLC081333. Listed on BSE: 531199.
Glance Finance Limited reported revenue of ₹23.23 Cr for FY 2024 (up 183.06% YoY) based on standalone BSE filings.
The current directors of Glance Finance Limited are:
- Vaibhav Narendra Karnavat - Whole-Time Director
- Vandana Girindrachandra Vasudeo - Director
- Narendra Laxman Arora - Whole-Time Director
- Prasan Bhandari - Director
- Narendra Sardarsingh Karnavat - Director
- Padam Kumar Jain - Director
The primary industry of Glance Finance Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes. Glance Finance Limited is listed on BSE with code 531199.
Glance Finance Limited can be reached at the registered office: 7 Kitab Mahal 192 Dr. D. N. Road Fort, Mumbai, Maharashtra, India – 400001, or through the website glancefin.com.