Startup India Government of India
Gloria Orgochem Private Limited
Gloria Orgochem Private Limited - pharma in Jambusar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.13 Cr
▲ 305% YoY
Net loss · FY 2024
₹2.09 Cr
Net margin -50.6%
EBITDA · FY 2024
-₹98.93 Lakh
EBITDA margin -24%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹8 Lakh
Issued & subscribed
Open charges
₹6 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Gloria Orgochem Private Limited
Data last updated:
Gloria Orgochem Private Limited is a private limited company based in Jambusar, Gujarat, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 26 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20119GJ2021PTC123640. Its GSTIN is 24AAICV1325J1ZE (Gujarat).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Rudreshsinh Hanubha Vaghela and Manoj Kanaiyalal Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1391 Gajera, Jambusar, Gujarat, India – 391810.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.09 Cr (net margin -50.6%) and EBITDA of -₹98.93 Lakh (EBITDA margin -24%).
The company is associated with 1 brand: VR Castor Derivatives. As per MCA filings, the company has open charges of ₹6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U20119GJ2021PTC123640
Registration Number 123640
Incorporation Date 26 June 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Gloria Orgochem has one previous CIN (Corporate Identification Number): U24230GJ2021PTC123640. The current CIN is U20119GJ2021PTC123640, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20119GJ2021PTC123640 | Current |
| U24230GJ2021PTC123640 | Previous |
Key People
Rudreshsinh Hanubha Vaghela Director Manoj Kanaiyalal Shah Director Akhil Manojkumar Shah Director Recognitions & Rankings of Gloria Orgochem
Contact details
Gloria Orgochem Private Limited's registered office is in Jambusar, Gujarat.
- Registered Address1391 Gajera, Jambusar, Gujarat, India – 391810
- IndustryPharma, Drug Formulation & Development
Comprehensive company report
Gloria Orgochem 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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Secure checkout · GST invoice included
Brands
Gloria Orgochem operates one associated brand: VR Castor Derivatives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies high-quality castor oil and its derivatives. | vrcastor.com |
Business activity
The main business activity of Gloria Orgochem is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Gloria Orgochem Private Limited, buy the company report.
Financials of Gloria Orgochem Private Limited
FY 2024 filings availableGloria Orgochem Private Limited reported revenue of ₹4.13 Cr (up 305% YoY) for FY 2024.
Revenue · FY 2024
₹4.13 Cr ▲ 305%
Net loss · FY 2024
₹2.09 Cr margin -50.6%
EBITDA · FY 2024
-₹98.93 Lakh margin -24%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 305%
EBITDA CAGR growth
1 year
▼ 775%
Revenue rose 305% in the latest year. EBITDA fell 775% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
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| Total Expenses | |||
| EBITDA | -₹98.93 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.09 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -24% | ||
| Net Profit Margin | -50.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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To see the full financial statements and ratios of Gloria Orgochem Private Limited, buy the company report.
Board of directors of Gloria Orgochem Private Limited
Gloria Orgochem has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rudreshsinh Hanubha Vaghela Also directs: Shree Harivansh Buildcon Private Limited | Director | 26 Jun 2021 | 5 Years 3 Months | Current |
| Manoj Kanaiyalal Shah Also directs: Lexine Technochem Private Limited, Akhil Healthcare Private Limited, Zeron Pharma Private Limited and 2 more | Director | 17 Jun 2024 | 2 Years 4 Months | Current |
| Akhil Manojkumar Shah | Director | 17 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Gloria Orgochem Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Moistop Enterprises Private Limited | ₹4.14 Cr (FY 2025) | -33.0% | Medchal, Telangana, India | |||
| Rajeev Chlorides and Carbonics Private Limited | ₹4.14 Cr (FY 2025) | -32.0% | Gujarat, India | |||
| Adar Chemicals Pvt Ltd | ₹4.13 Cr (FY 2025) | 47.0% | Vadodara, Gujarat, India | |||
| Solariz Healthcare Private Limited | ₹4.13 Cr (FY 2025) | 13.0% | Chennai, Tamil Nadu, India | |||
| Viechemie Skicorp Technology Solutions Private Limited | ₹4.13 Cr (FY 2024) | 4.0% | Kolkata, West Bengal, India | |||
| Gloria Orgochem Private Limitedthis company | ₹4.13 Cr (FY 2024) | -₹2.09 Cr | -50.6% | 305.0% | Jambusar, Gujarat, India | |
| Dales Laboratories P Ltd | ₹4.13 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Aalps Nutra Tech Private Limited | ₹4.13 Cr (FY 2023) | 2446.0% | Secunderabad, Telangana, India | |||
| Swapnil Organics Private Limited | ₹4.12 Cr (FY 2025) | -67.0% | Vapi, Gujarat, India | |||
| Elegant Drugs Private Limited | ₹4.12 Cr (FY 2025) | 89.0% | Hubli, Karnataka, India | |||
| Asiancoatings N Paints Private Limited | ₹4.12 Cr (FY 2025) | 14.0% | Delhi, India |
To see the full peer comparison of Gloria Orgochem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2022 | 100547072 | Others | ₹3 Cr | Open | |
| 14 Mar 2022 | 100547062 | Others | ₹3 Cr | Open |
To see the full charge records of Gloria Orgochem Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Gloria Orgochem 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 Gloria Orgochem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gloria Orgochem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICV1325J1ZE | Gujarat | Active | 15 Nov 2021 |
To see the full GST registrations and return filing status of Gloria Orgochem Private Limited, buy the company report.
Recent activity
Gloria Orgochem Private Limited has 7 board changes on record since 2021: 3 appointments and 4 cessations. The latest: Akhil Manojkumar Shah was appointed as Director on 17 Jun 2024.
AGM
Gloria Orgochem Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Akhil Manojkumar Shah was appointed as Director.
Appointed
Manoj Kanaiyalal Shah was appointed as Director.
Ceased
Shivamkumar Bhupendra Patel ceased to be Additional Director.
Ceased
Varun Sharma ceased to be Director.
Filing
Gloria Orgochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Pradeepsinh Hanubha Waghela ceased to be Director.
Ceased
Narendra Kumar Sharma ceased to be Director.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100547072 was registered on 14 Mar 2022.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100547062 was registered on 14 Mar 2022.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 14 Mar 2022 with Charge ID 100547062 was modified on 14 Mar 2022.
Appointed
Rudreshsinh Hanubha Vaghela was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Gloria Orgochem is an active private limited company based in Jambusar, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 26 June 2021 (5+ years old) and is registered under CIN U20119GJ2021PTC123640.
Gloria Orgochem has 3 current directors:
- Rudreshsinh Hanubha Vaghela - Director
- Manoj Kanaiyalal Shah - Director
- Akhil Manojkumar Shah - Director
The latest financial statements of Gloria Orgochem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Gloria Orgochem is 24AAICV1325J1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Gloria Orgochem is U20119GJ2021PTC123640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gloria Orgochem was incorporated on 26 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gloria Orgochem by revenue are Moistop Enterprises Private Limited, Rajeev Chlorides and Carbonics Private Limited, Adar Chemicals Pvt Ltd, Solariz Healthcare Private Limited, Viechemie Skicorp Technology Solutions Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Akhil Manojkumar Shah was appointed as Director on 17 Jun 2024. Manoj Kanaiyalal Shah was appointed as Director on 17 Jun 2024. Shivamkumar Bhupendra Patel ceased to be Additional Director on 17 Jun 2024. Gloria Orgochem has 7 board changes on record in total.
Yes, Gloria Orgochem is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Gloria Orgochem is at 1391 Gajera, Jambusar, Gujarat, India – 391810.
Gloria Orgochem operates in the pharma industry, in the drug formulation and development segment.