Glory Knitwears Private Limited - Company Profile

It is a home & lifestyle private limited company based in Punjab, Punjab, India, established in 1998.
1998 Punjab, Punjab, India Active
Last Updated:
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About Glory Knitwears Private Limited

Glory Knitwears Private Limited, a active private limited company, was established on 03 August 1998 in Punjab, Punjab, India. Engaging in textile retail & distribution within the manufacturing sector, it holds CIN: U18101PB1998PTC021647. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Employing 19 professional, Its leadership includes Varun Kumar Jain (Whole-Time Director), Parveen Jain (Director), Sherry Jain (Director). It holds ₹2.70 Cr open charges and ₹1.12 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at # 31 32Sunder Nagar Ludhiana, Punjab, Punjab, 141007.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U18101PB1998PTC021647

  • Registration Number

    021647

  • Incorporation Date

    03 August 1998

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.70 Cr
  • Satisfied Charges ₹ 1.12 Cr
  • Revenue Growth **** 52.27%
  • Profit Growth **** 105.05%
  • Ebitda **** 71.45%
  • Net Worth 54.72%
  • Total Assets **** 26.33%
Company report

Glory Knitwears Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Glory Knitwears Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Glory Knitwears Private Limited?
Current Directors
Name Designation Appointment Date Status
Varun Kumar Jain Whole-Time Director 03 Aug 1998 Current
Parveen Jain Director 03 Aug 1998 Current
Sherry Jain Director 01 May 2013 Current
Subhash Kumar Jain Managing Director 03 Aug 1998 Current

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Financial Performance of Glory Knitwears.

Glory Knitwears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.27% increase. The company also saw a substantial improvement in profitability, with a 105.05% increase in profit. The company's net worth Soared by an impressive increase of 54.72%.

Glory Knitwears revenue growth over time
Glory Knitwears profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 52.27%
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*******
*******
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Revenue from Operations
*******
 52.30%
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*******
*******
*******
Total Assets
*******
 26.33%
*******
*******
*******
*******
Profit or Loss
*******
 105.05%
*******
*******
*******
*******
Net Worth
*******
 54.72%
*******
*******
*******
*******
EBITDA
*******
 71.45%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Glory Knitwears?

In 2023, Glory Knitwears had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹27,000,000.00

Satisfied Charges

₹11,200,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 2.70 Cr
Latest Charge Details
Date Lender Amount Status
06 May 2023 Hdfc Bank Limited ₹5.00 M Open
23 Jan 2023 Hdfc Bank Limited ₹2.50 M Open
09 Jul 2014 Hdfc Bank Limited ₹1.95 Cr Open
20 Sep 2000 State Bank Of India ₹1.12 Cr Satisfied

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How Many Employees Work at Glory Knitwears?

Glory Knitwears has a workforce of 19 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Glory Knitwears, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Glory Knitwears's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Glory Knitwears
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Glory Knitwears Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Glory Knitwears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 1.95 Cr registered on 09 Jul 2014 with Charge ID 10512187 was modified on 19 Mar 2024. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100761345 was registered on 06 May 2023. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100688496 was registered on 23 Jan 2023. was documented.

  • Charges

    Progress on A charge registered on 20 Sep 2000 via Charge ID 80011171 with State Bank Of India was fully satisfied on 27 Aug 2014. was documented.

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Frequently Asked Questions
What is the CIN of Glory Knitwears Private Limited?

The CIN of Glory Knitwears Private Limited is U18101PB1998PTC021647.

Where is Glory Knitwears Private Limited headquartered?

Glory Knitwears Private Limited is headquartered at # 31 32Sunder Nagar Ludhiana, Punjab, Punjab, 141007.

When was Glory Knitwears Private Limited incorporated?

Glory Knitwears Private Limited was incorporated on 03 August 1998.

Who are the current directors of Glory Knitwears Private Limited?

The current directors of Glory Knitwears Private Limited are

What is the primary industry of Glory Knitwears Private Limited?

The primary industry of Glory Knitwears Private Limited is Manufacturing.

Is Glory Knitwears Private Limited a listed company?

Glory Knitwears Private Limited is unlisted.

What is the capital structure of Glory Knitwears Private Limited?

The authorized capital of Glory Knitwears Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Glory Knitwears Private Limited?

The compliance status of Glory Knitwears Private Limited is Compliant.

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