Gloco Solutions Private Limited
About Gloco Solutions Private Limited
Data last updated:
Gloco Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 20 January 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2023PTC170657. Its GSTIN is 29AAKCG2909F1ZI (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Gundalapalli Narayana Swamy Kishor and Susheela Raman.
Its last annual general meeting (AGM) was held on 20 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.57 Cr. For the same year it recorded a net profit of ₹6.21 Lakh (net margin 0.7%) and EBITDA of ₹11.36 Lakh (EBITDA margin 1.3%).
The company has about 61 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo 3037 3rd Floor 8th Main Road Hal 2nd Stage, 80 Feet Road Near Bata Showroom, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, IT Products 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 Gloco Solutions Private Limited
The main business activities of Gloco Solutions are support service to organizations and trade. In detail, this covers other support services to organizations and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
| 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 Gloco Solutions Private Limited FY 2024 filings available
Gloco Solutions Private Limited reported revenue of ₹8.57 Cr for FY 2024.
Financial Statement Summary of Gloco Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹8.57 Cr | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹11.36 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹6.21 Lakh | •••• |
| 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 Gloco Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.3% | •••• |
| Net Profit Margin | 0.7% | •••• |
| 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 Gloco Solutions are in the company report.
Financial statements from FY 2023
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 Gloco Solutions Private Limited
Gloco Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DVG Tech Solutions Private Limited | ₹8.59 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Panabyte Technologies Limited Listed | ₹8.59 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Thane, Maharashtra, India |
| Navnidhi Infrastructure Private Limited | ₹8.59 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| Theo Solutions Private Limited | ₹8.58 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Mumbai, Maharashtra, India |
| Susri Computers and Consultancy Private Limited | ₹8.57 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Khurda, Odisha, India |
| Gloco Solutions Private Limited this company | ₹8.57 Cr (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Answer Computer (India) Private Limited | ₹8.56 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Thane, Maharashtra, India |
| Upman Placements Private Limited | ₹8.56 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
| Infocore Technologies Private Limited | ₹8.56 Cr (FY 2023) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Clean Master Management Services Private Limited | ₹8.55 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Coreip Technology Private Limited | ₹8.55 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Gloco Solutions by revenue in the Outsourcing industry (HR Outsourcing, IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gloco Solutions Private Limited
Gloco Solutions Private Limited is audited by B V C and Co. Chartered Accountants for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B V C and Co. Chartered Accountants | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gloco Solutions Private Limited
Gloco Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gundalapalli Narayana Swamy Kishor Also directs: Niya Insurance Brokers Private Limited | Director | 20 Jan 2023 | 3 Years 8 Months | Current |
| Susheela Raman | Director | 20 Jan 2023 | 3 Years 8 Months | Current |
Ownership and Shareholding of Gloco Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gloco Solutions Private Limited
Gloco Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Gloco Solutions Private Limited
Employment history and EPFO contributions of people linked to Gloco 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.
Recent Activity on Gloco Solutions Private Limited
Gloco Solutions Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Gundalapalli Narayana Swamy Kishor was appointed as Director on 20 Jan 2023.
Credit Ratings, Litigation & Regulatory Alerts for Gloco 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 Gloco 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 Gloco 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 Gloco Solutions Private Limited
Gloco Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCG2909F1ZI | Karnataka | Active | 04 Mar 2023 |
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 Gloco 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 Gloco Solutions Private Limited
Gloco Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 20 January 2023 (3+ years old) and is registered under CIN U52100KA2023PTC170657.
Gloco Solutions reported revenue of ₹8.57 Cr for FY 2024.
Gloco Solutions has 2 current directors:
- Gundalapalli Narayana Swamy Kishor - Director
- Susheela Raman - Director
Gloco Solutions reported a net profit of ₹6.21 Lakh (net margin 0.7%) and EBITDA of ₹11.36 Lakh (EBITDA margin 1.3%) for FY 2024, as per its filed financial statements.
The GSTIN of Gloco Solutions is 29AAKCG2909F1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Gloco Solutions is U52100KA2023PTC170657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gloco Solutions was incorporated on 20 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Gloco Solutions by revenue are DVG Tech Solutions Private Limited, Panabyte Technologies Limited, Navnidhi Infrastructure Private Limited, Theo Solutions Private Limited, Susri Computers and Consultancy Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, IT Products Retail and Distribution).
Gundalapalli Narayana Swamy Kishor was appointed as Director on 20 Jan 2023. Susheela Raman was appointed as Director on 20 Jan 2023.
The registered office of Gloco Solutions is at No 3037 3rd Floor 8th Main Road Hal 2nd Stage, 80 Feet Road Near Bata Showroom, Bangalore, Karnataka, India – 560038.
Gloco Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000.