Glentrix Business Solutions Private Limited
About Glentrix Business Solutions Private Limited
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Glentrix Business Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the service-based operations segment of the services sector. It was incorporated on 09 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93090KA2019PTC120196.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1,000. It is led by directors Rachamreddy Chandramohanreddy and Racham Reddy Vishnu Shankar Reddy.
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 No. 201/1A 3rd Floor Kudlugate Kudlu Road Near Tvs Gowdown, Bengaluru, Karnataka, India – 560092.
As per the financials filed for FY 2022, the company reported a revenue of ₹17,967, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹797 (net margin 4.4%) and EBITDA of ₹2,216 (EBITDA margin 12.3%).
Company details
Contact details
Glentrix Business Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 201/1A 3rd Floor Kudlugate Kudlu Road Near Tvs Gowdown, Bengaluru, Karnataka, India – 560092
- IndustryService, Other Services
To see the full contact details of Glentrix Business Solutions 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 Glentrix Business Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Glentrix Business Solutions Private Limited, buy the company report.
Financials of Glentrix Business Solutions Private Limited
FY 2022 filings availableGlentrix Business Solutions Private Limited reported revenue of ₹17,967 (down 51% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year. EBITDA fell 40% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2,216 | |||
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| Net Profit (PAT) | ₹797 | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | ||||
| EBITDA Margin | 12.3% | |||
| Net Profit Margin | 4.4% | |||
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To see the full financial statements and ratios of Glentrix Business Solutions Private Limited, buy the company report.
Board of directors of Glentrix Business Solutions Private Limited
Glentrix Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachamreddy Chandramohanreddy | Director | 09 Jan 2019 | 7 Years 9 Months | Current |
| Racham Reddy Vishnu Shankar Reddy | Director | 09 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Glentrix Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Airsky Cloud Network Private Limited | ₹18,000 (FY 2022) | -97.0% | Jaipur, Rajasthan, India | |||
| Practrain Solutions Private Limited | ₹18,000 (FY 2019) | Thane, Maharashtra, India | ||||
| Crown Wi-Fi Private Limited | ₹18,000 (FY 2024) | 3.0% | Ongole, Andhra Pradesh, India | |||
| Promotricks India Private Limited | ₹17,999 (FY 2021) | Chottanikkara, Kerala, India | ||||
| Jsid Techno Private Limited | ₹17,978 (FY 2022) | Garhwa, Jharkhand, India | ||||
| Glentrix Business Solutions Private Limitedthis company | ₹17,967 (FY 2022) | ₹797 | 4.4% | -51.0% | Bengaluru, Karnataka, India | |
| Throughbit Technologies Private Limited | ₹17,930 (FY 2023) | -63.0% | Bangalore, Karnataka, India | |||
| Z-Connect Media & Communications Private Limited | ₹17,890 (FY 2019) | 26.0% | Kolkata, West Bengal, India | |||
| Scenario Technologies Private Limited | ₹17,758 (FY 2024) | -100.0% | Nanded, Maharashtra, India | |||
| Ariyath IT Technologies Private Limited | ₹17,712 (FY 2024) | -66.0% | Tiruvannamalai, Tamil Nadu, India | |||
| Zlikx Technologies Private Limited | ₹17,644 (FY 2022) | -10.0% | Kochi, Kerala, India |
To see the full peer comparison of Glentrix Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glentrix Business Solutions 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 Glentrix Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Glentrix Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Glentrix Business Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Racham Reddy Vishnu Shankar Reddy was appointed as Director on 09 Jan 2019.
Frequently asked questions
Glentrix Business Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in other services, within the service industry. It was incorporated on 09 January 2019 (7+ years old) and is registered under CIN U93090KA2019PTC120196.
Glentrix Business Solutions has 2 current directors:
- Rachamreddy Chandramohanreddy - Director
- Racham Reddy Vishnu Shankar Reddy - Director
The latest financial statements of Glentrix Business Solutions 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 FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Glentrix Business Solutions is U93090KA2019PTC120196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glentrix Business Solutions was incorporated on 09 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Glentrix Business Solutions by revenue are Airsky Cloud Network Private Limited, Practrain Solutions Private Limited, Crown Wi-Fi Private Limited, Promotricks India Private Limited, Jsid Techno Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Racham Reddy Vishnu Shankar Reddy was appointed as Director on 09 Jan 2019. Rachamreddy Chandramohanreddy was appointed as Director on 09 Jan 2019.
The registered office of Glentrix Business Solutions is at No. 2011A 3rd Floor Kudlugate Kudlu Road Near Tvs Gowdown, Bengaluru, Karnataka, India – 560092.
Glentrix Business Solutions operates in the service industry, in the other services segment.
Glentrix Business Solutions can be reached at its registered office: No. 2011A 3rd Floor Kudlugate Kudlu Road Near Tvs Gowdown, Bengaluru, Karnataka, India – 560092.
Glentrix Business Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.