Glovel Electronics Private Limited
About Glovel Electronics Private Limited
Data last updated:
Glovel Electronics Private Limited is a private limited company based in Delhi, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 05 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29308DL1990PTC038838.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.7 Lakh. It is led by directors Pallavi Agarwal and Harsh Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 15/1 Asaf Ali Road, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2025, the company reported a revenue of ₹60 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹5.1 Lakh (net margin -8.5%) and EBITDA of ₹7.14 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glovel Electronics Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address15/1 Asaf Ali Road, New Delhi, Delhi, India – 110002
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Glovel Electronics Private 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 Glovel Electronics is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment |
To see the full business activity and turnover split of Glovel Electronics Private Limited, buy the company report.
Financials of Glovel Electronics Private Limited
FY 2025 filings availableGlovel Electronics Private Limited reported revenue of ₹60 Lakh (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 24% growth in the latest year. EBITDA rose 134% 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 | ₹7.14 Lakh | ||||
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| Net Profit (PAT) | -₹5.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | -8.5% | ||||
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To see the full financial statements and ratios of Glovel Electronics Private Limited, buy the company report.
Board of directors of Glovel Electronics Private Limited
Glovel Electronics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Agarwal | Director | 16 Aug 1996 | 30 Years 2 Months | Current |
| Harsh Agarwal Also directs: Lamp and Glass Components Limited, Laxman Industries Limited, Ashar Properties & Infrastructure Private Limited and 2 more | Director | 26 Aug 2010 | 16 Years 1 Months | Current |
Auditor
Glovel Electronics Private Limited is audited by MNA & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MNA & CO. | FY 2024 | 030347N |
Shareholding
The shareholding of Glovel Electronics Private Limited is on record for 5 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 | FY 2020 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Glovel Electronics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glovel Electronics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glovel Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Glovel Electronics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Glovel Electronics Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Harsh Agarwal was appointed as Director on 26 Aug 2010.
Frequently asked questions
Glovel Electronics is an active private limited company based in Delhi, India. The company works in real estate financing, within the financial services industry. It was incorporated on 05 January 1990 (36+ years old) and is registered under CIN U29308DL1990PTC038838.
Glovel Electronics has 2 current directors:
- Pallavi Agarwal - Director
- Harsh Agarwal - Director
The latest financial statements of Glovel Electronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Glovel Electronics is U29308DL1990PTC038838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glovel Electronics was incorporated on 05 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.
Harsh Agarwal was appointed as Director on 26 Aug 2010. Rekha Khaitan ceased to be Director on 26 Aug 2010. Pallavi Agarwal was appointed as Director on 16 Aug 1996.
The registered office of Glovel Electronics is at 151 Asaf Ali Road, New Delhi, Delhi, India – 110002.
Glovel Electronics operates in the financial services industry, in the real estate financing segment.
The compliance status of Glovel Electronics is compliant as of 03 September 2026. The company is actively filing with the Registrar of Companies.
Glovel Electronics can be reached at its registered office: 151 Asaf Ali Road, New Delhi, Delhi, India – 110002.