About Glosec Finance Private Limited
Data last updated: 21 December 2025
Glosec Finance Private Limited is a private limited company based in Jalandhar, Punjab, India. It specialises in asset financing companies, a part of the broader financial services sector. Incorporated on 25 November 1971, the company has been in operation for over 55 years.
Registered with ROC Chandigarh under CIN U65921PB1971PTC003076.
Capital: an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.86 Cr. Formerly known as Midland Motor Finance Co Pvt Limited and Doaba Finsec Limited. It is led by directors including Paramjit Singh Randhawa and Sukhwinder Singh.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Jalandhar, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.45 Lakh, a decline of 75% compared to the previous year.
The company has a workforce of approximately 1 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹4.54 Cr and satisfied charges of ₹101.46 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glosecmarketing.com.
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Registered AddressThe Axis First Floor Plot No. 1 R.B. Badri Dass Colony Gt Roa, D, Jalandhar, Punjab, India – 144001
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IndustryFinancial Services, Asset Financing Companies, NBFC, Investment & Credit NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Glosec Finance Private Limited
Glosec Finance Private Limited has undergone 4 name changes throughout its history. The current legal name is Glosec Finance Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Glosec Finance Private Limited | Current |
| Midland Motor Finance Co Pvt Limited | Previous |
| Doaba Finsec Limited | Previous |
| Midland Motor Finance Co Private Limited | Previous |
| Midland Motor Finance Co Limited | Previous |
CIN History of Glosec Finance Private Limited
Glosec Finance Private Limited has one previous CIN (Corporate Identification Number): U65921PB1971PLC003076. The current CIN is U65921PB1971PTC003076, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921PB1971PTC003076 | Current |
| U65921PB1971PLC003076 | Previous |
Business Activity of Glosec Finance Private Limited
Glosec Finance Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities | Locked |
Business activity turnover details for Glosec Finance Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Glosec Finance Private Limited
Glosec Finance Private Limited is audited by D.Sharma & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D.Sharma & Co. | Locked | Locked | Locked |
Complete auditor history for Glosec Finance Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Glosec Finance Private Limited
Glosec Finance Private Limited is currently managed by 5 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Paramjit Singh Randhawa
Also directs:
Wepay Finance Private Limited, Insectos Systems Private Limited
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Director | 17 Dec 2015 | 10 Years 7 Months | Current |
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Sukhwinder Singh
Also directs:
Ujjwal Finserv Private Limited, Wepay Finance Private Limited
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Director | 31 Jan 2010 | 16 Years 5 Months | Current |
| Parminder Singh | Managing Director | 01 Jul 2015 | 11 Years 0 Months | Current |
| Sahil Gupta | Additional Director | 13 Nov 2025 | 0 Years 8 Months | Current |
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Inderjit Vasudeva
Also directs:
International Township Developers Private Limited
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Director | 26 Mar 2025 | 1 Years 3 Months | Current |
Financials of Glosec Finance Private Limited FY 2025 filings available
Glosec Finance Private Limited reported revenue of ₹49.45 Lakh (down 75.00% YoY) for FY 2025.
Ten-year financial statements for Glosec Finance Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Glosec Finance Private Limited
Shareholding and ownership data for Glosec Finance Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Glosec Finance Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2022 | Others | ₹25 Lakh | Satisfied |
| 01 Sep 2021 | Others | ₹80 Lakh | Satisfied |
| 22 Feb 2017 | Others | ₹53.3 Lakh | Satisfied |
| 07 Nov 2016 | Others | ₹1.8 Cr | Satisfied |
| 28 May 2016 | Others | ₹1.49 Cr | Satisfied |
Total charge records: 82 View all charges
Employees and EPFO Compliance at Glosec Finance Private Limited
Glosec Finance Private Limited has a workforce of 1 employees as of Apr 06, 2024.
Employee and EPFO history for Glosec Finance Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Glosec Finance Private Limited
GST registrations and filing compliance for Glosec Finance Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Glosec Finance Private Limited
Credit ratings, litigation, and regulatory alerts for Glosec Finance Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Glosec Finance Private Limited
MSME payment history for Glosec Finance Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Glosec Finance Private Limited
Corporate group structure for Glosec Finance Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Glosec Finance Private Limited
MCA filings and documents for Glosec Finance Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Glosec Finance Private Limited
Frequently Asked Questions about Glosec Finance Private Limited
Glosec Finance Private Limited is an active private limited company in the financial services sector based in Jalandhar, Punjab, India. It was incorporated on 25 November 1971 (55+ years old) and is registered under CIN U65921PB1971PTC003076. The company has 1 employees.
Glosec Finance Private Limited reported revenue of ₹49.45 Lakh for FY 2025 (down 75.00% YoY).
The current directors of Glosec Finance Private Limited are:
- Paramjit Singh Randhawa - Director
- Sukhwinder Singh - Director
- Parminder Singh - Managing Director
- Sahil Gupta - Additional Director
- Inderjit Vasudeva - Director
The primary industry of Glosec Finance Private Limited is financial services. The company specifically operates in asset financing companies. The company is currently active in this sector.
Glosec Finance Private Limited can be reached at the registered office: The Axis First Floor Plot No. 1 R.B. Badri Dass Colony Gt Roa, D, Jalandhar, Punjab, India – 144001, or through the website glosecmarketing.com.
The authorised capital is ₹3 Cr, and the paid-up capital is ₹2.86 Cr.