- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0015328

Glitnir Corporate Solutions Private Limited
About Glitnir Corporate Solutions Private Limited
Data last updated:
Glitnir Corporate Solutions Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the placement services segment of the professional services sector. It was incorporated on 29 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74140KL2010PTC027296. Its GSTIN is 32AAECG0984C1Z0 (Kerala).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Rajeev Panicker and Sundaresh Kamath Panduranga.
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 No.107 4th Floor D Corner Stone S.A.Road Kadavanthara, Kochi, Kerala, India – 682020.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.86 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹1.14 Lakh (net margin -6.1%) and EBITDA of -₹1.09 Lakh (EBITDA margin -5.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 12% over five years.
Glitnir Corporate Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0015328). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Glitnir Corporate Solutions
Contact details
Glitnir Corporate Solutions Private Limited's registered office is in Kochi, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.107 4th Floor D Corner Stone S.A.Road Kadavanthara, Kochi, Kerala, India – 682020
- IndustryProfessional Services, Placement Services, Human Resources
To see the full contact details of Glitnir Corporate 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 Glitnir Corporate Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Glitnir Corporate Solutions Private Limited, buy the company report.
Financials of Glitnir Corporate Solutions Private Limited
FY 2025 filings availableGlitnir Corporate Solutions Private Limited reported revenue of ₹18.86 Lakh (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 27% fall in the latest year. EBITDA rose 64% 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 | FY 2020-21 |
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| EBITDA | -₹1.09 Lakh | ||||
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| Net Profit (PAT) | -₹1.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -5.8% | ||||
| Net Profit Margin | -6.1% | ||||
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To see the full financial statements and ratios of Glitnir Corporate Solutions Private Limited, buy the company report.
Board of directors of Glitnir Corporate Solutions Private Limited
Glitnir Corporate Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Panicker | Director | 29 Dec 2010 | 15 Years 9 Months | Current |
| Sundaresh Kamath Panduranga Also directs: Amalgam Foods Limited, Accelerated Freeze Drying Co Limited, Amalgam Investments Private Limited and 1 more | Director | 29 Dec 2010 | 15 Years 9 Months | Current |
| Varkey George Pottenkulam Also directs: Oishi Foods Private Limited | Director | 12 Jan 2011 | 15 Years 9 Months | Current |
Peer comparison
Glitnir Corporate Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Easy Recruiitz 365 Private Limited | ₹18.96 Lakh (FY 2024) | 63.0% | New Delhi, Delhi, India | |||
| Optimal Career and Staffing Private Limited | ₹18.94 Lakh (FY 2023) | -5.0% | Ahmedabad, Gujarat, India | |||
| Safecure Iconic Private Limited | ₹18.91 Lakh (FY 2025) | 238.0% | Delhi, India | |||
| Shekhawati Solution Services Private Limited | ₹18.91 Lakh (FY 2025) | 1.0% | Sikar, Rajasthan, India | |||
| Pegasuss Facilities Private Limited | ₹18.88 Lakh (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| Glitnir Corporate Solutions Private Limitedthis company | ₹18.86 Lakh (FY 2025) | -₹1.14 Lakh | -6.1% | -27.0% | Kochi, Kerala, India | |
| Jotish Recruitment Private Limited | ₹18.84 Lakh (FY 2021) | -1.0% | New Delhi, Delhi, India | |||
| Greatbell Human Resource Consultancy Services Private Limited | ₹18.82 Lakh (FY 2025) | 1.0% | Ernakulam, Kerala, India | |||
| HRD Star Jobs Consultancy Private Limited | ₹18.8 Lakh (FY 2021) | Wayanad, Kerala, India | ||||
| TDS Infrastructure Private Limited | ₹18.78 Lakh (FY 2025) | 221.0% | Mohali, Punjab, India | |||
| Psytech Outsourcing Private Limited | ₹18.77 Lakh (FY 2024) | 35.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Glitnir Corporate Solutions Private Limited, buy the company report.
Auditor
Glitnir Corporate Solutions Private Limited is audited by ELIAS GEORGE AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ELIAS GEORGE AND CO | FY 2017 | 000801S |
Shareholding
The shareholding of Glitnir Corporate Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Glitnir Corporate Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glitnir Corporate 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 Glitnir Corporate Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glitnir Corporate Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECG0984C1Z0 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glitnir Corporate Solutions Private Limited, buy the company report.
Recent activity
Glitnir Corporate Solutions Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Varkey George Pottenkulam ceased to be Additional Director on 30 Sep 2011.
Frequently asked questions
Glitnir Corporate Solutions is an active private limited company based in Kochi, Kerala, India. The company works in placement services, within the professional services industry. It was incorporated on 29 December 2010 (16+ years old) and is registered under CIN U74140KL2010PTC027296.
Glitnir Corporate Solutions has 3 current directors:
- Rajeev Panicker - Director
- Sundaresh Kamath Panduranga - Director
- Varkey George Pottenkulam - Director
The latest financial statements of Glitnir Corporate Solutions 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 Glitnir Corporate Solutions is 32AAECG0984C1Z0, registered in Kerala.
The CIN (Corporate Identification Number) of Glitnir Corporate Solutions is U74140KL2010PTC027296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glitnir Corporate Solutions was incorporated on 29 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Glitnir Corporate Solutions by revenue are Easy Recruiitz 365 Private Limited, Optimal Career and Staffing Private Limited, Safecure Iconic Private Limited, Shekhawati Solution Services Private Limited, Pegasuss Facilities Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Varkey George Pottenkulam ceased to be Additional Director on 30 Sep 2011. Varkey George Pottenkulam was appointed as Director on 12 Jan 2011. Rajeev Panicker was appointed as Director on 29 Dec 2010. Glitnir Corporate Solutions has 4 board changes on record in total.
Yes, Glitnir Corporate Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0015328).
The registered office of Glitnir Corporate Solutions is at No.107 4th Floor D Corner Stone S.A.Road Kadavanthara, Kochi, Kerala, India – 682020.
Glitnir Corporate Solutions operates in the professional services industry, in the placement services segment.