Glotex Solutions Private Limited

Distributes instrumentation and engineering items to various industries since 2017, based in Vadodara.

2017 | Vadodara, Gujarat (India) | Active
Last Updated:

Glotex Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth 5.18%
  • Profit Growth -30.43%
  • Ebitda -6.94%
  • Net Worth 8.24%
  • Total Assets 30.44%

About Glotex Solutions

Glotex Solutions Private Limited (GSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 22 June 2017 (Seven years and 11 months 18 days old ). Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.50 Cr.

Kirtish Parikh, Zahid Rais, and Nitin Jain serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29309GJ2017PTC097978

  • Company No.

    097978

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does Glotex Solutions Private Limited offer?

Glotex Solutions Private Limited offers a wide range of products and services, including Measuring Equipments & Instruments, Gas Measurement Instruments, Dryers & Evaporators, Air Dryers, Aluminum, Brass, Bronze Pipes, Metal Pipes, Flow Meter, Elemental Analyzer, Analyzer Equipment, Water Testing Equipment.

Company report

Glotex Solutions Private Limited

Explore comprehensive data for Glotex Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Glotex Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Kirtish Parikh Country flag representing Us Director 22-Jun-2017Current
Zahid Rais Country flag representing In Director 16-Feb-2023Current
Nitin Jain Additional Director 12-Apr-2025Current

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
  • 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%

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 Indicator graph

Charges (Loans)

Open Charges

₹15.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2024Canara Bank₹1.50 CrOpen

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 growth trends for Glotex Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Glotex Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Glotex Solutions's trajectory.

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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Glotex Solutions

Recent activity within the organization

  • Director Appointment

    Nitin N Jain was appointed as a Additional Director was appointed as a Additional Director on 12 Apr 2025 & has been associated with this company since 1 month 27 days .

  • Annual General Meeting

    Glotex Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Glotex Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

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

  • Director Appointment

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

  • Director Appointment

    Kirtish Kantibhai Parikh was appointed as a Director was appointed as a Director on 22 Jun 2017 & has been associated with this company since 7 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Glotex Solutions Private Limited?

    Glotex Solutions Private Limited was incorporated on 22 Jun 2017.

  • What is authorized share capital and paid-up capital of Glotex Solutions Private Limited?

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

  • Who are the current board members & directors of Glotex Solutions Private Limited?

    Currently 3 directors are associated with Glotex Solutions Private Limited.

    • Kirtish Kantibhai Parikh
    • Zahid Rais
    • Nitin N Jain
  • What is the registered address of Glotex Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Glotex Solutions Private Limited is 2 Regent Avenue Diwalipura Vasna Road, India, Vadodara, Gujarat, 390007.

  • What is the corporate identification number (CIN) and company number of Glotex Solutions Private Limited?

    The corporate identification number (CIN) of Glotex Solutions Private Limited is U29309GJ2017PTC097978 and the company number is 097978 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Glotex Solutions Private Limited?

    The Official website of Glotex Solutions Private Limited is https://www.glotexinc.com

  • What has been the recent revenue trend for Glotex Solutions Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Glotex Solutions Private Limited has risen by 5.18%.

  • How many employees does Glotex Solutions Private Limited currently have?

    As Per 2024 financial reports, 22 employees are currently employed by Glotex Solutions Private Limited.

  • What change has been observed in the net worth of Glotex Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Glotex Solutions Private Limited has experienced an upsurge of 8.24%.

  • What are the total open charges for Glotex Solutions Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Glotex Solutions Private Limited amount to ₹ 1.50 Cr.

  • When was the last Balance Sheet of Glotex Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Glotex Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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