Glen Technolabs Private Limited
About Glen Technolabs Private Limited
Data last updated:
Glen Technolabs Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 27 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2019PTC107268. Its GSTIN is 24AAHCG7476J1Z6 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vadhel Nishaben Sureshbhai and Trushaben Nanjibhai Vaghasiya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Nitinkumar Sakarchand Shah Shop – 16 324/1/2 Vijay Park Society Saijpur Bogha, Ahmedabad, Gujarat, India – 382545.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1,483 (net margin 1%) and EBITDA of ₹3,004 (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
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- Registered AddressC/O Nitinkumar Sakarchand Shah Shop – 16 324/1/2 Vijay Park Society Saijpur Bogha, Ahmedabad, Gujarat, India – 382545
- IndustrySoftware, Software Publishing, Software Development
- 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
- One PDF report, delivered after checkout
Business Activity of Glen Technolabs Private Limited
The main business activity of Glen Technolabs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Glen Technolabs Private Limited FY 2025 filings available
Glen Technolabs Private Limited reported revenue of ₹1.45 Lakh (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Glen Technolabs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 17% growth in the latest year. EBITDA fell 61% 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 of Glen Technolabs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3,004 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,483 | •••• | •••• | •••• | •••• |
| 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 of Glen Technolabs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Glen Technolabs are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Glen Technolabs Private Limited
Glen Technolabs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Planet Blue Marketing Private Limited | ₹1.45 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Bangalore, Karnataka, India |
| Mega App Developers Private Limited | ₹1.45 Lakh (FY 2019) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Isqm Edtech India Private Limited | ₹1.45 Lakh (FY 2019) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Robol Labs System Private Limited | ₹1.45 Lakh (FY 2018) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Digistorm Consultancy Private Limited | ₹1.45 Lakh (FY 2024) | •••• | •••• | 4495.0% | •••• | Gujarat, India |
| Glen Technolabs Private Limited this company | ₹1.45 Lakh (FY 2024) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
| Chakri Technologies Private Limited | ₹1.45 Lakh (FY 2020) | •••• | •••• | 562.0% | •••• | Kharagpur, West Bengal, India |
| Opensource Solutions Private Limited | ₹1.45 Lakh (FY 2016) | •••• | •••• | -93.0% | •••• | New Delhi, Delhi, India |
| Wedas Corporation Private Limited | ₹1.45 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | New Delhi, Delhi, India |
| Revenuewave Private Limited | ₹1.44 Lakh (FY 2024) | •••• | •••• | 181.0% | •••• | Nashik, Maharashtra, India |
| Techicon IT Services India Private Limited | ₹1.44 Lakh (FY 2025) | •••• | •••• | 157.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Glen Technolabs by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Glen Technolabs Private Limited
Glen Technolabs has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vadhel Nishaben Sureshbhai | Director | 25 May 2019 | 7 Years 4 Months | Current |
| Trushaben Nanjibhai Vaghasiya | Director | 27 Mar 2019 | 7 Years 6 Months | Current |
| Tanvi Jainam Shah | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Glen Technolabs Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Glen Technolabs Private Limited
Glen Technolabs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Glen Technolabs Private Limited
Employment history and EPFO contributions of people linked to Glen Technolabs.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Glen Technolabs Private Limited
Glen Technolabs Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Dipenbhai Nitinbhai Shah ceased to be Director on 01 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for Glen Technolabs Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Glen Technolabs Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Glen Technolabs Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Glen Technolabs Private Limited
Glen Technolabs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCG7476J1Z6 | Gujarat | Active | 23 May 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Glen Technolabs Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Glen Technolabs Private Limited
Glen Technolabs is an active private limited company based in Ahmedabad, Gujarat, India. The company works in software publishing, within the software industry. It was incorporated on 27 March 2019 (7+ years old) and is registered under CIN U72200GJ2019PTC107268.
Glen Technolabs reported revenue of ₹1.45 Lakh for FY 2024 (up 17% YoY).
Glen Technolabs has 3 current directors:
- Vadhel Nishaben Sureshbhai - Director
- Trushaben Nanjibhai Vaghasiya - Director
- Tanvi Jainam Shah - Director
Glen Technolabs reported a net profit of ₹1,483 (net margin 1%) and EBITDA of ₹3,004 (EBITDA margin 2.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Glen Technolabs is 11% over three years. In the latest year (FY 2024) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Glen Technolabs is 24AAHCG7476J1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Glen Technolabs is U72200GJ2019PTC107268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glen Technolabs was incorporated on 27 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Glen Technolabs by revenue are Planet Blue Marketing Private Limited, Mega App Developers Private Limited, Isqm Edtech India Private Limited, Robol Labs System Private Limited, Digistorm Consultancy Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Dipenbhai Nitinbhai Shah ceased to be Director on 01 Aug 2024. Tanvi Jainam Shah was appointed as Director on 01 Aug 2024. Patil Rajeshree ceased to be Director on 01 Sep 2021. Glen Technolabs has 6 board changes on record in total.
The registered office of Glen Technolabs is at CO Nitinkumar Sakarchand Shah Shop – 16 32412 Vijay Park Society Saijpur Bogha, Ahmedabad, Gujarat, India – 382545.