About Gliders India Limited
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Gliders India Limited is a public limited union government company based in Kanpur, Uttar Pradesh, India. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 14 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U17299UP2021GOI150733. Its GSTIN is 09AAJCG2081P1Z1 (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹647.34 Cr. It is led by directors including Marimuthu Chandran Balasubramaniam (Managing Director) and Siba Prasad Patnaik (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ordnance Equipment Factory Headquarter Gt Road, Kanpur, Uttar Pradesh, India – 208013.
As per the financials filed for FY 2025, the company reported a revenue of ₹200.57 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹16.67 Cr (net margin 8.3%) and EBITDA of ₹26.81 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
The company is associated with 1 brand: Gliders India Limited. As per MCA filings, the company has open charges of ₹140 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in March 2022. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 16 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glidersindia.in.
Company details
Contact details
Gliders India Limited's registered office is in Kanpur, Uttar Pradesh. Its website is glidersindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOrdnance Equipment Factory Headquarter Gt Road, Kanpur, Uttar Pradesh, India – 208013
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
To see the full contact details of Gliders India 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
Brands
Gliders India operates one associated brand: Gliders India Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Defense manufacturing of parachutes and related equipment under the Government of India. | glidersindia.in |
Business activity
The main business activity of Gliders India is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Gliders India Limited, buy the company report.
Financials of Gliders India Limited
FY 2025 filings availableGliders India Limited reported revenue of ₹200.57 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over three years, including 2% growth in the latest year. EBITDA rose 52% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹26.81 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹16.67 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.4% | |||
| Net Profit Margin | 8.3% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Gliders India Limited, buy the company report.
Board of directors of Gliders India Limited
Gliders India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siba Prasad Patnaik | Whole-Time Director | 02 Apr 2025 | 1 Years 7 Months | Current |
| Marimuthu Chandran Balasubramaniam | Managing Director | 23 Jan 2025 | 1 Years 9 Months | Current |
| Urmila Rawat | Nominee Director | 28 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Gliders India Limited is audited by TANDON SETH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TANDON SETH & CO | FY 2022 | 002340C |
Shareholding
The shareholding of Gliders India Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gliders India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2024 | 100994774 | Hdfc Bank Limited | ₹60 Cr | Open | |
| 22 Feb 2024 | 100882890 | State Bank of India | ₹80 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Gliders India Limited has 1 deal on record (1 rights issue); the latest was in March 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹647.33 Cr | Investors: President Of India |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Gliders India 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
Gliders India Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 16 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alistair Ventures | |||
| Shram Sevi Enterprises | |||
| National Industries | |||
| Utex Industries | |||
| an individual supplier |
To see the full MSME payment records of Gliders India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gliders India Limited has 1 active EPFO establishment as of Oct 14, 2026.
GST
Gliders India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAJCG2081P1Z1 | Uttar Pradesh | Active | 25 Sep 2021 |
| 09AAJCG2081P1DA | Uttar Pradesh | Active | 12 Oct 2021 |
To see the full GST registrations and return filing status of Gliders India Limited, buy the company report.
Recent activity
Gliders India Limited has 16 board changes on record since 2021: 10 appointments and 6 cessations. The latest: Sunil Date ceased to be Director on 08 May 2025.
9 earlier events are in the company report.
Frequently asked questions
Gliders India is an active public limited union government company based in Kanpur, Uttar Pradesh, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 14 August 2021 (5+ years old) and is registered under CIN U17299UP2021GOI150733.
Gliders India has 3 current directors:
- Marimuthu Chandran Balasubramaniam - Managing Director
- Siba Prasad Patnaik - Whole-Time Director
- Urmila Rawat - Nominee Director
The latest financial statements of Gliders India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Gliders India is 09AAJCG2081P1Z1, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAJCG2081P1DA (Uttar Pradesh).
The CIN (Corporate Identification Number) of Gliders India is U17299UP2021GOI150733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gliders India was incorporated on 14 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Gliders India has 1 deal on record (1 rights issue); the latest was in March 2022.
Sunil Date ceased to be Director on 08 May 2025. Dhapodkar Surendra ceased to be Director on 02 Apr 2025. Siba Prasad Patnaik was appointed as Whole-Time Director on 02 Apr 2025. Gliders India has 16 board changes on record in total.
Gliders India has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 16 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Gliders India can be reached through the website glidersindia.in. Its registered office is in Kanpur, Uttar Pradesh, India.
The registered office of Gliders India is at Ordnance Equipment Factory Headquarter Gt Road, Kanpur, Uttar Pradesh, India – 208013.
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