
Glorious Metals India Limited
About Glorious Metals India Limited
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Glorious Metals India Limited is a public limited company based in New Delhi, Delhi, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 10 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U28998DL2011PLC212416. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.49 Lakh. It is led by directors including Sunita Gupta and Ajay Gupta.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 25 Ring Road Market Sarojani Nagar, New Delhi, Delhi, India – 110023.
As per the financials filed for FY 2017, the company reported a revenue of ₹77.96 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹6.29 Lakh (net margin -8.1%) and EBITDA of ₹8.04 Lakh (EBITDA margin 10.3%).
As per MCA filings, the company has open charges of ₹98 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Glorious Metals India Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address25 Ring Road Market Sarojani Nagar, New Delhi, Delhi, India – 110023
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Glorious Metals India 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 Glorious Metals India is mining and quarrying. In detail, this covers mining of metal ores.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B3 | Mining of Metal Ores |
To see the full business activity and turnover split of Glorious Metals India Limited, buy the company report.
Financials of Glorious Metals India Limited
FY 2017 filings availableGlorious Metals India Limited reported revenue of ₹77.96 Lakh (down 80% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 80% in the latest year. EBITDA fell 45% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹77.96 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8.04 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.29 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.3% | ||
| Net Profit Margin | -8.1% | ||
| 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 Glorious Metals India Limited, buy the company report.
Board of directors of Glorious Metals India Limited
Glorious Metals India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Gupta | Director | 10 Jan 2011 | 15 Years 9 Months | Current |
| Ajay Gupta | Director | 10 Jan 2011 | 15 Years 9 Months | Current |
| Saksham Gupta | Director | 01 Jan 2013 | 13 Years 9 Months | Current |
Auditor
Glorious Metals India Limited is audited by HEMENT KUMAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMENT KUMAR & CO | FY 2017 | 030370N |
Shareholding
The shareholding of Glorious Metals India 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 Glorious Metals India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2013 | 10411407 | Bank of Baroda | ₹98 Lakh | Open |
To see the full charge records of Glorious Metals India Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Glorious Metals India Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by HDFC Bank Ltd. | Pending |
To see the full case history of Glorious Metals India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glorious Metals India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glorious Metals India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Glorious Metals India Limited, buy the company report.
Recent activity
Glorious Metals India Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Saksham Gupta ceased to be Director on 01 Apr 2019.
Frequently asked questions
Glorious Metals India is an active public limited company based in New Delhi, Delhi, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 10 January 2011 (15+ years old) and is registered under CIN U28998DL2011PLC212416.
Glorious Metals India has 3 current directors:
- Sunita Gupta - Director
- Ajay Gupta - Director
- Saksham Gupta - Director
The latest financial statements of Glorious Metals India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Glorious Metals India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Glorious Metals India is U28998DL2011PLC212416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glorious Metals India has 1 court case on record: 1 filed against it. 1 is pending.
Glorious Metals India was incorporated on 10 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Saksham Gupta ceased to be Director on 01 Apr 2019. Prakash Hari ceased to be Additional Director on 05 Jan 2013. Saksham Gupta was appointed as Director on 01 Jan 2013. Glorious Metals India has 6 board changes on record in total.
The registered office of Glorious Metals India is at 25 Ring Road Market Sarojani Nagar, New Delhi, Delhi, India – 110023.
Glorious Metals India operates in the metals and minerals industry, in the mining and mineral extraction segment.