About Gloster Nuvo Limited
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Gloster Nuvo Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Gloster Lmited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17299WB2020PLC236120. Its GSTIN is 19AAICG1960A1ZU (West Bengal).
The company has an authorised share capital of ₹160 Cr and a paid-up capital of ₹154.8 Cr. It is led by directors including Rajappa Shivalingappa (Whole-Time Director) and Hemant Bangur.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 21 Strand Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹16.96 Cr (net margin -31.5%) and EBITDA of ₹1.23 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 495% over three years.
The company has about 126 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹255 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
For more details, the company can be reached via its website glosterjute.com.
Company details
Contact details
Gloster Nuvo Limited's registered office is in Kolkata, West Bengal. Its website is glosterjute.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address21 Strand Road, Kolkata, West Bengal, India – 700001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Gloster Nuvo 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 Gloster Nuvo is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Gloster Nuvo Limited, buy the company report.
Financials of Gloster Nuvo Limited
FY 2025 filings availableGloster Nuvo Limited reported revenue of ₹53.9 Cr (up 6105% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 495% over three years. EBITDA rose 248% 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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| EBITDA | ₹1.23 Cr | ||||
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| Net Profit (PAT) | -₹16.96 Cr | ||||
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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 | 2.3% | ||||
| Net Profit Margin | -31.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gloster Nuvo Limited, buy the company report.
Board of directors of Gloster Nuvo Limited
Gloster Nuvo has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajappa Shivalingappa Also directs: Gloster Limited | Whole-Time Director | 13 Sep 2024 | 2 Years 1 Months | Current |
| Hemant Bangur Also directs: Mugneeram Bangur & Company LLP, Shri Vasuprada Plantations Limited, The Cochin Malabar Estates and Industries Limited and 5 more | Director | 13 Apr 2021 | 5 Years 6 Months | Current |
| Ajay Kumar Agarwal Also directs: Fort Gloster Industries Limited, Gloster Lifestyle Limited, Gloster Specialities Limited and 1 more | Director | 27 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Gloster Nuvo Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yucon Exports Pvt Ltd | ₹54.06 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Zip Industries Private Limited | ₹54.05 Cr (FY 2024) | 6.0% | Chengalpattu, Tamil Nadu, India | |||
| Adhilakshmi Spinning Mills Private Limited | ₹54.03 Cr (FY 2025) | 8.0% | Palladam, Tamil Nadu, India | |||
| Uv Garments Private Limited | ₹54.02 Cr (FY 2024) | -5.0% | Delhi, India | |||
| Gloster Nuvo Limitedthis company | ₹53.9 Cr (FY 2025) | -₹16.96 Cr | -31.5% | 6105.0% | 126 | Kolkata, West Bengal, India |
| Swastik Texprint Private Limited | ₹53.83 Cr (FY 2024) | 8.0% | Mumbai, Maharashtra, India | |||
| Ambala Cotspin Private Limited | ₹53.77 Cr (FY 2025) | 102.0% | Ambala, Haryana, India | |||
| Siddhi Knitfab Private Limited | ₹53.72 Cr (FY 2025) | 26.0% | Changodar, Gujarat, India |
To see the full peer comparison of Gloster Nuvo Limited, buy the company report.
Auditor
Gloster Nuvo Limited is audited by Singhi & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co. | FY 2024 | 302049E |
Shareholding
The shareholding of Gloster Nuvo Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Gloster Nuvo Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2025 | 101189093 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 14 May 2024 | 100917326 | Yes Bank Limited | ₹48 Cr | Open | |
| 21 Aug 2023 | 100775985 | Hdfc Bank Limited | ₹42 Cr | Open | |
| 07 Jan 2023 | 100670606 | State Bank of India | ₹140 Cr | Open |
Total charge records: 4 View all charges
Legal cases
Gloster Nuvo Limited has 1 court case on record: 1 filed by Gloster Nuvo. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Cesc Limited and Anr. | Disposed |
To see the full case history of Gloster Nuvo 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 Gloster Nuvo Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gloster Nuvo Limited has a workforce of 126 employees on its EPFO records as of Apr 07, 2025, across 1 active EPFO establishment.
GST
Gloster Nuvo has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICG1960A1ZU | West Bengal | Active | 13 Feb 2020 |
To see the full GST registrations and return filing status of Gloster Nuvo Limited, buy the company report.
Recent activity
Gloster Nuvo Limited has 7 board changes on record since 2020: 4 appointments and 3 cessations. The latest: Dharam Chand Baheti ceased to be Director on 13 Sep 2024.
2 earlier events are in the company report.
News
Frequently asked questions
Gloster Nuvo is an active public limited company based in Kolkata, West Bengal, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 January 2020 (6+ years old) and is registered under CIN U17299WB2020PLC236120.
Gloster Nuvo has 3 current directors:
- Rajappa Shivalingappa - Whole-Time Director
- Hemant Bangur - Director
- Ajay Kumar Agarwal - Director
The latest financial statements of Gloster Nuvo on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 07 August 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Gloster Nuvo is 19AAICG1960A1ZU, registered in West Bengal.
The CIN (Corporate Identification Number) of Gloster Nuvo is U17299WB2020PLC236120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gloster Nuvo has 1 court case on record: 1 filed by the company.
Gloster Nuvo was incorporated on 27 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Gloster Nuvo by revenue are Yucon Exports Pvt Ltd, Zip Industries Private Limited, Adhilakshmi Spinning Mills Private Limited, Uv Garments Private Limited, Swastik Texprint Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Dharam Chand Baheti ceased to be Director on 13 Sep 2024. Rajappa Shivalingappa was appointed as Whole-Time Director on 13 Sep 2024. Ajay Kumar Todi ceased to be Director on 31 Mar 2022. Gloster Nuvo has 7 board changes on record in total.
Gloster Nuvo can be reached through the website glosterjute.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Gloster Nuvo is at 21 Strand Road, Kolkata, West Bengal, India – 700001.