Glotex Solutions Private Limited - Company Profile

It is a engineering private limited company based in Vadodara, Gujarat, India, established in 2017.
2017 Vadodara, Gujarat, India Active
Last Updated:
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About Glotex Solutions Private Limited

Glotex Solutions Private Limited, a active private limited company, was established on 22 June 2017 in Vadodara, Gujarat, India. Engaging in engineering components retail & distribution within the professional, scientific and technical sector, it holds CIN: U29309GJ2017PTC097978. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 22 professional, Its leadership includes Zahid Rais (Director), Kirtish Kantibhai Parikh (Director), Mayur Ambalal Patel (Director). Past directors included Dhaval Arvind Prajapati, Zahid Rais, Hasmukhbhai Ambalal Mistry. It holds ₹1.50 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 2, Regent Avenue, Diwalipura Vasna Road,, Vadodara, Gujarat, 390007.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U29309GJ2017PTC097978

  • Registration Number

    097978

  • Incorporation Date

    22 June 2017

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth **** 5.18%
  • Profit Growth **** -30.43%
  • Ebitda **** -6.94%
  • Net Worth 8.24%
  • Total Assets **** 30.44%
Company report

Glotex Solutions Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Glotex Solutions 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 Glotex Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Zahid Rais Director 16 Feb 2023 Current
Kirtish Kantibhai Parikh Director 22 Jun 2017 Current
Mayur Ambalal Patel Director 14 Jul 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Feb 2023 Past
Pramod Abcsdd Additional Director 27 Sep 2023 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 11 Mar 2018 Past
Pramod Abcsdd Additional Director 29 Sep 2025 Past

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Financial Performance of Glotex Solutions.

Glotex Solutions Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 5.18% increase. The company also saw a substantial fall in profitability, with a 30.43% decrease in profit. The company's net worth moved up by a moderate rise of 8.24%.

Glotex Solutions revenue growth over time
Glotex Solutions 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
********
 5.18%
*******
*******
*******
*******
Revenue from Operations
*******
 5.09%
*******
*******
*******
*******
Total Assets
*******
 30.44%
*******
*******
*******
*******
Profit or Loss
*******
 -30.43%
*******
*******
*******
*******
Net Worth
*******
 8.24%
*******
*******
*******
*******
EBITDA
*******
 -6.94%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Glotex Solutions?

Unlock access to Glotex Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹15,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Canara Bank : 1.50 Cr
Latest Charge Details
Date Lender Amount Status
27 Feb 2024 Canara Bank ₹1.50 Cr Open

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How Many Employees Work at Glotex Solutions?

Glotex Solutions has a workforce of 22 employees as of Apr 09, 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

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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

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

    Glotex Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Mayur Ambalal Patel was appointed as a Director was appointed as a Director on 14 Jul 2025 & has been associated with this company since 9 months 30 days . was documented.

  • Balance Sheet

    Progress on Glotex Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Charges

    A charge with Canara Bank amounted to Rs. 15.00 M with Charge ID 100872196 was registered on 27 Feb 2024. was recorded as a recent event.

  • Director Appointment

    Progress on Zahid Rais was appointed as a Director was appointed as a Director on 16 Feb 2023 & has been associated with this company since 3 years 2 months . was documented.

  • Director Appointment

    Progress on Kirtish Kantibhai Parikh was appointed as a Director was appointed as a Director on 22 Jun 2017 & has been associated with this company since 8 years 10 months . was documented.

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Frequently Asked Questions
What is the CIN of Glotex Solutions Private Limited?

The CIN of Glotex Solutions Private Limited is U29309GJ2017PTC097978.

Where is Glotex Solutions Private Limited headquartered?

Glotex Solutions Private Limited is headquartered at 2, Regent Avenue, Diwalipura Vasna Road,, Vadodara, Gujarat, 390007.

When was Glotex Solutions Private Limited incorporated?

Glotex Solutions Private Limited was incorporated on 22 June 2017.

Who are the current directors of Glotex Solutions Private Limited?

The current directors of Glotex Solutions Private Limited are

What is the primary industry of Glotex Solutions Private Limited?

The primary industry of Glotex Solutions Private Limited is Professional, Scientific And Technical.

Is Glotex Solutions Private Limited a listed company?

Glotex Solutions Private Limited is unlisted.

What is the capital structure of Glotex Solutions Private Limited?

The authorized capital of Glotex Solutions Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Glotex Solutions Private Limited?

The compliance status of Glotex Solutions Private Limited is Compliant.

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