Gloline Equipments Private Limited

Gloline Equipments Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29190GJ2008PTC052880 Incorporated 11 February 2008 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹16.8 Cr
▲ 4% YoY
Net profit · FY 2024
₹10.71 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹72.34 Lakh
EBITDA margin 4.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.9 Lakh
Issued & subscribed
Open charges
₹6.51 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
12
Provident fund records

About Gloline Equipments Private Limited

Data last updated:

Gloline Equipments Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 11 February 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29190GJ2008PTC052880. Its GSTIN is 24AADCG0629D1Z6 (Gujarat).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.9 Lakh. It is led by directors Preyaskumar Jalamsinh Katara and Rahul Narendrabhai Sanghani.

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 7 – 11 Mamta Complex – I Near Hotel Orange Inn Sarkhej Sanand Road Sarkhej, Ahmedabad, Gujarat, India – 382210.

As per the financials filed for FY 2024, the company reported a revenue of ₹16.8 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹10.71 Lakh (net margin 0.6%) and EBITDA of ₹72.34 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 6% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6.51 Cr on record.

Gloline Equipments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0047755). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gloline.in.

Company details

CIN U29190GJ2008PTC052880
Registration Number 052880
Incorporation Date 11 February 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0047755

Recognitions & Rankings of Gloline Equipments

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0047755

Contact details

Gloline Equipments Private Limited's registered office is in Ahmedabad, Gujarat. Its website is gloline.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    7 – 11 Mamta Complex – I Near Hotel Orange Inn Sarkhej Sanand Road Sarkhej, Ahmedabad, Gujarat, India – 382210
  • Industry
    Machinery and Equipment, Industrial Machinery Retail & Distribution

To see the full contact details of Gloline Equipments Private Limited, buy the company report.

Comprehensive company report
Gloline Equipments Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Gloline Equipments is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Gloline Equipments Private Limited, buy the company report.

Financials of Gloline Equipments Private Limited

FY 2025 filings available

Gloline Equipments Private Limited reported revenue of ₹16.8 Cr (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹16.8 Cr ▲ 4%
Net profit · FY 2024
₹10.71 Lakh margin 0.6%
EBITDA · FY 2024
₹72.34 Lakh margin 4.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 21%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 4% growth in the latest year. EBITDA fell 9% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹72.34 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.71 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.3%
Net Profit Margin0.6%
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

To see the full financial statements and ratios of Gloline Equipments Private Limited, buy the company report.

Board of directors of Gloline Equipments Private Limited

Gloline Equipments has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Preyaskumar Jalamsinh KataraDirector01 Jan 20197 Years 9 MonthsCurrent
Rahul Narendrabhai SanghaniDirector11 Feb 200818 Years 8 MonthsCurrent

Peer comparison

Gloline Equipments Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rushabh Engineering Private Limited₹16.83 Cr (FY 2025)-35.0%Surat, Gujarat, India
JD Mining Engineering Pvt Ltd₹16.82 Cr (FY 2025)197.0%Kolkata, West Bengal, India
Sr Indus Electro Sys Private Limited₹16.81 Cr (FY 2025)-3.0%Vyalikaval, Karnataka, India
Gloline Equipments Private Limitedthis company₹16.8 Cr (FY 2024)₹10.71 Lakh0.6%4.0%12Ahmedabad, Gujarat, India
Winsor Technologies Private Limited₹16.63 Cr (FY 2024)42.0%Kolkata, West Bengal, India

To see the full peer comparison of Gloline Equipments Private Limited, buy the company report.

Auditor

Gloline Equipments Private Limited is audited by CHANDABHOY & JASSOOBHOY for the financial year 2021.

Auditor firmFinancial yearFirm registration number
CHANDABHOY & JASSOOBHOYFY 2021101648W

Shareholding

The shareholding of Gloline Equipments Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gloline Equipments Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.51 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹4.26 Cr
Others₹2.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 May 2023100725587Axis Bank Limited₹6.18 LakhOpen
13 Dec 2017100149477Axis Bank Limited₹4.2 CrOpen
14 Mar 201310417834Others₹2.25 CrOpen

To see the full charge records of Gloline Equipments Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gloline Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Gloline Equipments Private Limited has a workforce of 12 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1

GST

Gloline Equipments has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCG0629D1Z6GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Gloline Equipments Private Limited, buy the company report.

Recent activity

Gloline Equipments Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Narendra Malukchand Sanghani ceased to be Director on 01 Jan 2019.

AGM
Gloline Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 420.00 Lakh registered on 13 Dec 2017 with Charge ID 100149477 was modified on 21 Apr 2025.
Filing
Gloline Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 6.18 Lakh with Charge ID 100725587 was registered on 17 May 2023.
Ceased
Narendra Malukchand Sanghani ceased to be Director.
Appointed
Preyaskumar Jalamsinh Katara was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 420.00 Lakh with Charge ID 100149477 was registered on 13 Dec 2017.
Charges
A charge with Others of Rs. 225.00 Lakh registered on 14 Mar 2013 with Charge ID 10417834 was modified on 12 Apr 2017.
Charges
A charge with Others amounted to Rs. 225.00 Lakh with Charge ID 10417834 was registered on 14 Mar 2013.
Appointed
Rahul Narendrabhai Sanghani was appointed as Director.
Incorporation
11 Feb 2008
Gloline Equipments Private Limited was registered on 11 Feb 2008 with Roc Ahmedabad & aged 18 years 8 months as per MCA records.

Frequently asked questions

Gloline Equipments is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 11 February 2008 (18+ years old) and is registered under CIN U29190GJ2008PTC052880.

Gloline Equipments has 2 current directors:

The latest financial statements of Gloline Equipments 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 Gloline Equipments is 24AADCG0629D1Z6, registered in Gujarat.

The CIN (Corporate Identification Number) of Gloline Equipments is U29190GJ2008PTC052880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gloline Equipments was incorporated on 11 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Gloline Equipments by revenue are Rushabh Engineering Private Limited, JD Mining Engineering Pvt Ltd, Sr Indus Electro Sys Private Limited, Winsor Technologies Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).

Narendra Malukchand Sanghani ceased to be Director on 01 Jan 2019. Preyaskumar Jalamsinh Katara was appointed as Director on 01 Jan 2019. Rahul Narendrabhai Sanghani was appointed as Director on 11 Feb 2008.

Yes, Gloline Equipments is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0047755).

Gloline Equipments can be reached through the website gloline.in. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Gloline Equipments is at 7 – 11 Mamta Complex – I Near Hotel Orange Inn Sarkhej Sanand Road Sarkhej, Ahmedabad, Gujarat, India – 382210.