MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0009311
Glosel India Impex Private Limited - pharma in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹85.3 Lakh
▼ 47% YoY
Net loss · FY 2025
₹29.91 Lakh
Net margin -35.1%
EBITDA · FY 2025
₹5.42 Lakh
EBITDA margin 6.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹45.25 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
24 yrs
Est. 2002
Employees · EPFO
13
Provident fund records
About Glosel India Impex Private Limited
Data last updated:
Glosel India Impex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 21 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24232TN2002PTC049766. Its GSTIN is 33AABCG7366B1ZX (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.25 Lakh. It is led by directors Sanjeev Korada and Vandana Sanjay Nevgi.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First Floor Agurchand Mansion No.150 Anna Salai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.3 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹29.91 Lakh (net margin -35.1%) and EBITDA of ₹5.42 Lakh (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 19% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 4 cases are pending.
Glosel India Impex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0009311). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glosel.com.
Company details
CIN U24232TN2002PTC049766
Registration Number 049766
Incorporation Date 21 October 2002
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 04 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0009311
Recognitions & Rankings of Glosel India Impex
Contact details
Glosel India Impex Private Limited's registered office is in Chennai, Tamil Nadu. Its website is glosel.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFirst Floor Agurchand Mansion No.150 Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Glosel India Impex Private Limited, buy the company report.
Comprehensive company report
Glosel India Impex 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 Glosel India Impex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Glosel India Impex Private Limited, buy the company report.
Financials of Glosel India Impex Private Limited
FY 2025 filings availableGlosel India Impex Private Limited reported revenue of ₹85.3 Lakh (down 47% YoY) for FY 2025.
Revenue · FY 2025
₹85.3 Lakh ▼ 47%
Net loss · FY 2025
₹29.91 Lakh margin -35.1%
EBITDA · FY 2025
₹5.42 Lakh margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 31%
5 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▼ 86%
3 years · compounded
▼ 54%
5 years · compounded
▲ 16%
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 47% fall in the latest year. EBITDA fell 86% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹5.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.91 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | -35.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Glosel India Impex Private Limited, buy the company report.
Board of directors of Glosel India Impex Private Limited
Glosel India Impex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Sanjay Nevgi Also directs: Movo Academy Private Limited, Movolution Digital Private Limited | Additional Director | 11 Nov 2021 | 4 Years 11 Months | Current |
| Sanjeev Korada Also directs: Zylas Life Sciences Private Limited, Pathscript Private Limited, Movolution Services Private Limited and 2 more | Director | 18 Nov 2002 | 23 Years 11 Months | Current |
Shareholding
The shareholding of Glosel India Impex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Glosel India Impex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2014 | 10510304 | Citi Bank N.A. | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Glosel India Impex Private Limited has 13 court cases on record: 5 filed by Glosel India Impex, 8 filed against it. 4 cases are pending and 9 are disposed.
Total cases
13
Filed by the company
5
Filed against the company
8
Pending
4
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 1 |
| High courts | 5 | 0 | 3 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S. Indusind Bank Limited Rep by Its Authorised Signatory S. Bindu Moul | Disposed |
| District court, Mohali, Punjab | Execution petition | Filed against the company by KM Enterprises | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against an individual | Pending |
| High Court | Court case (Co.Appl.) | Filed by the company against M/S.Mediwing Pharmaceuticals | Pending |
To see the full case history of Glosel India Impex Private 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 Glosel India Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glosel India Impex Private Limited has a workforce of 13 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-85.39%
GST
Glosel India Impex has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCG7366B1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glosel India Impex Private Limited, buy the company report.
Recent activity
Glosel India Impex Private Limited has 8 board changes on record since 2002: 5 appointments and 3 cessations. The latest: Ramesh Vijayaraghavan ceased to be Additional Director on 30 Nov 2021.
AGM
Glosel India Impex Private Limited last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records.
Filing
Glosel India Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Ramesh Vijayaraghavan ceased to be Additional Director.
Appointed
Vandana Sanjay Nevgi was appointed as Additional Director.
Ceased
Radha Sanjeev ceased to be Director.
Appointed
Ramesh Vijayaraghavan was appointed as Additional Director.
Ceased
Udhan Kumar Chordia ceased to be Director.
Charges
A charge with Citi Bank N.A. amounted to Rs. 200.00 Lakh with Charge ID 10510304 was registered on 26 May 2014.
Appointed
Radha Sanjeev was appointed as Director.
Appointed
Sanjeev Korada was appointed as Director.
Appointed
Udhan Kumar Chordia was appointed as Director.
Incorporation
21 Oct 2002
Glosel India Impex Private Limited was registered on 21 Oct 2002 with Roc Chennai & aged 24 years 11 days as per MCA records.
Frequently asked questions
Glosel India Impex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 21 October 2002 (24+ years old) and is registered under CIN U24232TN2002PTC049766.
Glosel India Impex has 2 current directors:
- Vandana Sanjay Nevgi - Additional Director
- Sanjeev Korada - Director
The latest financial statements of Glosel India Impex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Glosel India Impex is 33AABCG7366B1ZX, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Glosel India Impex is U24232TN2002PTC049766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glosel India Impex has 13 court cases on record: 5 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Glosel India Impex was incorporated on 21 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chennai.
Ramesh Vijayaraghavan ceased to be Additional Director on 30 Nov 2021. Vandana Sanjay Nevgi was appointed as Additional Director on 11 Nov 2021. Radha Sanjeev ceased to be Director on 01 Apr 2021. Glosel India Impex has 8 board changes on record in total.
Yes, Glosel India Impex is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0009311).
Glosel India Impex can be reached through the website glosel.com. Its registered office is in Chennai, Tamil Nadu, India.
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