Glostar Electricals Private Limited
About Glostar Electricals Private Limited
Data last updated:
Glostar Electricals Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the sports equipment retail and distribution segment of the consumer goods sector. It was incorporated on 30 June 1972.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH1972PTC015872. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.75 Lakh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 21 J K Industrial Estateoff Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2018, the company reported a revenue of ₹35 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹7.42 Lakh (net margin 21.2%) and EBITDA of ₹13.14 Lakh (EBITDA margin 37.5%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
As per MCA filings, the company has satisfied charges of ₹50 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
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- Registered Address21 J K Industrial Estateoff Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryConsumer Goods, Sports Equipment Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Glostar Electricals Private Limited
The main business activity of Glostar Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Glostar Electricals Private Limited FY 2018 filings available
Glostar Electricals Private Limited reported revenue of ₹35 Lakh (down 15% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Glostar Electricals Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 15% fall in the latest year. EBITDA fell 32% 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 of Glostar Electricals Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.14 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.42 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 of Glostar Electricals Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 37.5% | •••• | •••• | •••• |
| Net Profit Margin | 21.2% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Glostar Electricals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Glostar Electricals Private Limited
Glostar Electricals Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Power Equipment Manufacturers, Sports Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M&Y Solar Private Limited | ₹35.19 Lakh (FY 2024) | •••• | •••• | •••• | Hardwar, Uttarakhand, India | |
| Infii Solar Solutions India Private Limited | ₹35.16 Lakh (FY 2017) | •••• | •••• | 4158.0% | •••• | Bangalore, Karnataka, India |
| Menco Switchgear Private Limited | ₹35.11 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Palakkad, Kerala, India |
| Adiurja Private Limited | ₹35.03 Lakh (FY 2020) | •••• | •••• | -82.0% | •••• | Aurangabad, Maharashtra, India |
| D&S Shields Private Limited | ₹35.01 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Meerut, Uttar Pradesh, India |
| Glostar Electricals Private Limited this company | ₹35 Lakh (FY 2018) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| Skylux Energy Solutions Private Limited | ₹34.82 Lakh (FY 2020) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Lakshmi Electronics Private Limited | ₹34.7 Lakh (FY 2024) | •••• | •••• | 96.0% | •••• | Pune, Maharashtra, India |
| Integrated Electrical Controls India Private Limited | ₹34.68 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | Coimbatore, Tamil Nadu, India |
| De Sports Mall Equipments Private Limited | ₹34.64 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Paradigm Engineers and Consultants Private Limited | ₹34.5 Lakh (FY 2021) | •••• | •••• | -94.0% | •••• | Jamshedpur, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Glostar Electricals by revenue in the Consumer Products industry (Power Equipment Manufacturers, Sports Equipment Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Glostar Electricals Private Limited
Glostar Electricals Private Limited is audited by Ramesh Mali & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ramesh Mali & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Glostar Electricals Private Limited
Glostar Electricals has 7 former directors on record and no current directors listed.
Ownership and Shareholding of Glostar Electricals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Glostar Electricals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 1999 | State Bank of India | ₹50 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Glostar Electricals Private Limited
Glostar Electricals Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Principal Commissioner of Income Tax-9 | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Glostar Electricals Private Limited
Employment history and EPFO contributions of people linked to Glostar Electricals.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Glostar Electricals Private Limited
Glostar Electricals Private Limited has 7 board changes on record since 2012: 0 appointments and 7 cessations. The latest: Deven Ashokkumar Desai ceased to be Director on 26 Sep 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Glostar Electricals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Glostar Electricals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Glostar Electricals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Glostar Electricals Private Limited
Glostar Electricals 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.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Glostar Electricals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Glostar Electricals Private Limited
Glostar Electricals has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Glostar Electricals was a private limited company based in Mumbai, Maharashtra, India. The company worked in sports equipment retail and distribution, within the consumer goods industry. It was incorporated on 30 June 1972 and is registered under CIN U31200MH1972PTC015872. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Glostar Electricals is U31200MH1972PTC015872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glostar Electricals was incorporated on 30 June 1972. It is registered with the Registrar of Companies, Mumbai.
The registered office of Glostar Electricals is at 21 J K Industrial Estateoff Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.
Glostar Electricals reported revenue of ₹35 Lakh for FY 2018 (down 15% YoY).
Glostar Electricals has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.75 Lakh.
Glostar Electricals reported a net profit of ₹7.42 Lakh (net margin 21.2%) and EBITDA of ₹13.14 Lakh (EBITDA margin 37.5%) for FY 2018, as per its filed financial statements.
No. Glostar Electricals has 2 GST registrations on record and all of them are cancelled or inactive.
Glostar Electricals operated in the consumer goods industry, in the sports equipment retail and distribution segment.
The compounded annual growth rate (CAGR) of the revenue of Glostar Electricals is -38% over three years. In the latest year (FY 2018) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.