Glester Pharmaceuticals Private Limited
About Glester Pharmaceuticals Private Limited
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Glester Pharmaceuticals Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 19 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24232GJ2012PTC073034. Its GSTIN is 24AAFCG0438E1Z3 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakesh Niranjan Mehta and Punita Rakesh Mehta.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.01 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹16,847 (net margin 0.4%) and EBITDA of ₹1.51 Lakh (EBITDA margin 3.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glester Pharmaceuticals Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShri Vishnunagar Co.Op. H Soc.Ltd 10/60 Opp. Muni School No.2 O/S Rakhial Gate Sara, Spur, Ahmedabad, Gujarat, India – 380018
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Glester Pharmaceuticals 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 Glester Pharmaceuticals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Glester Pharmaceuticals Private Limited, buy the company report.
Financials of Glester Pharmaceuticals Private Limited
FY 2025 filings availableGlester Pharmaceuticals Private Limited reported revenue of ₹45.01 Lakh (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 3% fall in the latest year. EBITDA rose 17% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.51 Lakh | ||||
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| Net Profit (PAT) | ₹16,847 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Glester Pharmaceuticals Private Limited, buy the company report.
Board of directors of Glester Pharmaceuticals Private Limited
Glester Pharmaceuticals has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Niranjan Mehta | Director | 19 Dec 2012 | 13 Years 10 Months | Current |
| Punita Rakesh Mehta | Director | 10 Sep 2013 | 13 Years 1 Months | Current |
Auditor
Glester Pharmaceuticals Private Limited is audited by BHAIDAS M MEHTA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAIDAS M MEHTA & CO | FY 2022 | 101127W |
Shareholding
The shareholding of Glester Pharmaceuticals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glester Pharmaceuticals Private Limited, buy the company report.
Legal cases
Glester Pharmaceuticals Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed against the company by Blue Cross Laboratories Private Limited | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by Blue Cross Laboratories Private Limited | Disposed |
| Bombay High Court | Court case (LPETN) | Filed against the company by Blue Cross Laboratories Private Limited | Disposed |
To see the full case history of Glester Pharmaceuticals Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glester Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glester Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCG0438E1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glester Pharmaceuticals Private Limited, buy the company report.
Recent activity
Glester Pharmaceuticals Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Punita Rakesh Mehta ceased to be Additional Director on 31 Dec 2013.
Frequently asked questions
Glester Pharmaceuticals is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 19 December 2012 (14+ years old) and is registered under CIN U24232GJ2012PTC073034.
Glester Pharmaceuticals has 2 current directors:
- Rakesh Niranjan Mehta - Director
- Punita Rakesh Mehta - Director
The latest financial statements of Glester Pharmaceuticals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Glester Pharmaceuticals is 24AAFCG0438E1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Glester Pharmaceuticals is U24232GJ2012PTC073034. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glester Pharmaceuticals has 3 court cases on record: 3 filed against it.
Glester Pharmaceuticals was incorporated on 19 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Punita Rakesh Mehta ceased to be Additional Director on 31 Dec 2013. Akshay Kumar Behuria ceased to be Director on 10 Sep 2013. Punita Rakesh Mehta was appointed as Director on 10 Sep 2013. Glester Pharmaceuticals has 4 board changes on record in total.
The registered office of Glester Pharmaceuticals is at Shri Vishnunagar Co.Op. H Soc.Ltd 1060 Opp. Muni School No.2 OS Rakhial Gate Sara, Spur, Ahmedabad, Gujarat, India – 380018.
Glester Pharmaceuticals operates in the pharma industry, in the pharmaceutical retailers and distributors segment.