Glitz Finishing Solutions Private Limited
About Glitz Finishing Solutions Private Limited
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Glitz Finishing Solutions Private Limited is a private limited company based in Ernakulam, Kerala, India, recognised as a startup by DPIIT. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 25 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U32909KL2019PTC056972. Its GSTIN is 32AAHCG7070N1ZB (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kurian Shaji Nileena and Nikhil Raj Marangattu.
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 Building No.32/1634/B2A1 New No.43/2037 – B2A1 Kolath Towers New Colony Road Opp. Emc, Ernakulam, Kerala, India – 682025.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.53 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹3.17 Cr (net margin -5.5%) and EBITDA of -₹1.53 Cr (EBITDA margin -2.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹14.18 Cr and satisfied charges of ₹4.25 Cr on record.
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- Registered AddressBuilding No.32/1634/B2A1 New No.43/2037 – B2A1 Kolath Towers New Colony Road Opp. Emc, Ernakulam, Kerala, India – 682025
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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 Glitz Finishing Solutions Private Limited
The main business activity of Glitz Finishing Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Glitz Finishing Solutions Private Limited FY 2025 filings available
Glitz Finishing Solutions Private Limited reported revenue of ₹57.53 Cr (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Glitz Finishing Solutions Private Limited
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 204% 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 Glitz Finishing Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.17 Cr | •••• | •••• | •••• | •••• |
| 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 Glitz Finishing Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.5% | •••• | •••• | •••• | •••• |
| 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 Glitz Finishing Solutions 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 Glitz Finishing Solutions Private Limited
Glitz Finishing Solutions Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Tour and Travel Operators). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Viking Fire Products (India) Private Limited | ₹58.15 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Faridabad, Haryana, India |
| Orn Vacations Private Limited | ₹58.09 Cr (FY 2024) | •••• | •••• | 155.0% | •••• | Bangalore, Karnataka, India |
| Ace Gas Conversions Private Limited | ₹58.02 Cr (FY 2022) | •••• | •••• | 71.0% | •••• | Mumbai, Maharashtra, India |
| Tybros (India) Tours Private Limited | ₹57.85 Cr (FY 2017) | •••• | •••• | 51.0% | •••• | New Delhi, Delhi, India |
| Smooth Run Exports Private Limited | ₹57.74 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Glitz Finishing Solutions Private Limited this company | ₹57.53 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Ernakulam, Kerala, India |
| Wolcut Abrasives Industries Private Limited | ₹57.53 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Orient Enterprise (Gujarat) Private Limited | ₹57.51 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Benchmark Incentive and Leisure Travels Private Limited | ₹57.51 Cr (FY 2024) | •••• | •••• | 178.0% | •••• | Bangalore, Karnataka, India |
| Kardex India Private Limited | ₹57.26 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Sujyoti India Private Limited | ₹57.2 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Glitz Finishing Solutions by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Tour and Travel Operators), 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 Glitz Finishing Solutions Private Limited
Glitz Finishing Solutions 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 |
|---|---|---|---|---|
| Kurian Shaji Nileena Also directs: Glitz Finishing Products LLP | Director | 25 Feb 2019 | 7 Years 7 Months | Current |
| Nikhil Raj Marangattu | Director | 06 Jul 2023 | 3 Years 3 Months | Current |
Charges & Borrowings of Glitz Finishing Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jun 2026 | Others | ₹39.96 Lakh | Open |
| 27 Apr 2022 | Others | ₹1.79 Cr | Open |
| 14 Jul 2021 | Others | ₹12 Cr | Open |
| 06 Jun 2019 | Others | ₹4.25 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Glitz Finishing Solutions Private Limited
Employment history and EPFO contributions of people linked to Glitz Finishing Solutions.
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.
CIN History of Glitz Finishing Solutions Private Limited
Glitz Finishing Solutions has one previous CIN (Corporate Identification Number): U51909KL2019PTC056972. The current CIN is U32909KL2019PTC056972, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32909KL2019PTC056972 | Current |
| U51909KL2019PTC056972 | Previous |
Recent Activity on Glitz Finishing Solutions Private Limited
Glitz Finishing Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Naimisha Neerav Parekh ceased to be Director on 14 Mar 2026.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Glitz Finishing Solutions 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 Glitz Finishing Solutions 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 Glitz Finishing Solutions 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 Glitz Finishing Solutions Private Limited
Glitz Finishing Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCG7070N1ZB | Kerala | Active | 05 Apr 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 Glitz Finishing Solutions 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 Glitz Finishing Solutions Private Limited
Glitz Finishing Solutions is an active private limited company based in Ernakulam, Kerala, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 25 February 2019 (7+ years old) and is registered under CIN U32909KL2019PTC056972.
Glitz Finishing Solutions reported revenue of ₹57.53 Cr for FY 2025 (down 35% YoY).
Glitz Finishing Solutions has 2 current directors:
- Kurian Shaji Nileena - Director
- Nikhil Raj Marangattu - Director
Glitz Finishing Solutions reported a net loss of ₹3.17 Cr (net margin -5.5%) and EBITDA of -₹1.53 Cr (EBITDA margin -2.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Glitz Finishing Solutions is -15% over three years and 22% over five years. In the latest year (FY 2025) revenue fell 35%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Glitz Finishing Solutions is 32AAHCG7070N1ZB, registered in Kerala.
The CIN (Corporate Identification Number) of Glitz Finishing Solutions is U32909KL2019PTC056972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glitz Finishing Solutions was incorporated on 25 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Glitz Finishing Solutions by revenue are Viking Fire Products (India) Private Limited, Orn Vacations Private Limited, Ace Gas Conversions Private Limited, Tybros (India) Tours Private Limited, Smooth Run Exports Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Tour and Travel Operators).
Naimisha Neerav Parekh ceased to be Director on 14 Mar 2026. Nikhil Raj Marangattu was appointed as Director on 06 Jul 2023. Dias Joe Kolathu ceased to be Director on 03 Mar 2021. Glitz Finishing Solutions has 4 board changes on record in total.
Yes, Glitz Finishing Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).