MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0104543
Glovetech Safety India Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.25 Cr
▼ 63% YoY
Net loss · FY 2024
₹1.1 Cr
Net margin -34%
EBITDA · FY 2024
-₹87.37 Lakh
EBITDA margin -26.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹20 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Glovetech Safety India Private Limited
Data last updated:
Glovetech Safety India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the winter and seasonal wear segment of the fashion and textiles sector. It was incorporated on 06 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2019PTC320750. Its GSTIN is 27AAHCG6720B1ZW (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Goldy Pandit and Rupesh Mannalal Pandit.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.25 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹1.1 Cr (net margin -34%) and EBITDA of -₹87.37 Lakh (EBITDA margin -26.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
As per MCA filings, the company has open charges of ₹20 Lakh on record.
Glovetech Safety India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0104543). For more details, the company can be reached via its website glovetech.asia.
Company details
CIN U51909MH2019PTC320750
Registration Number 320750
Incorporation Date 06 February 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0104543
Recognitions & Rankings of Glovetech Safety India
Contact details
Glovetech Safety India Private Limited's registered office is in Mumbai, Maharashtra. Its website is glovetech.asia. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 4104 – 05 Oberoi Garden Premises Co – Op Soc Ltd Chandivali Farm Road Andheri East Mumb, Ai, Mumbai, Maharashtra, India – 400072
- IndustryFashion and Textile, Winter & Seasonal Wear
To see the full contact details of Glovetech Safety India Private Limited, buy the company report.
Comprehensive company report
Glovetech Safety India Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Glovetech Safety India is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Glovetech Safety India Private Limited, buy the company report.
Financials of Glovetech Safety India Private Limited
FY 2025 filings availableGlovetech Safety India Private Limited reported revenue of ₹3.25 Cr (down 63% YoY) for FY 2024.
Revenue · FY 2024
₹3.25 Cr ▼ 63%
Net loss · FY 2024
₹1.1 Cr margin -34%
EBITDA · FY 2024
-₹87.37 Lakh margin -26.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 63%
3 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▼ 291%
3 years · compounded
▼ 105%
Revenue fell 63% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 291% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹87.37 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.9% | ||||
| Net Profit Margin | -34% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Glovetech Safety India Private Limited, buy the company report.
Board of directors of Glovetech Safety India Private Limited
Glovetech Safety India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Goldy Pandit Also directs: Triworks Safety Private Limited, Fourscore Private Limited | Director | 06 Feb 2019 | 7 Years 9 Months | Current |
| Rupesh Mannalal Pandit | Director | 06 Feb 2019 | 7 Years 9 Months | Current |
Auditor
Glovetech Safety India Private Limited is audited by PARESH PRAKASH JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARESH PRAKASH JAIN & CO | FY 2023 | 410249 |
Shareholding
The shareholding of Glovetech Safety India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Glovetech Safety India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2024 | 100932611 | Hdfc Bank Limited | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Glovetech Safety India 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 Glovetech Safety India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glovetech Safety India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG6720B1ZW | Maharashtra | Active | 02 Mar 2019 |
To see the full GST registrations and return filing status of Glovetech Safety India Private Limited, buy the company report.
Recent activity
Glovetech Safety India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Goldy Pandit was appointed as Director on 06 Feb 2019.
AGM
Glovetech Safety India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Glovetech Safety India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100932611 was registered on 24 May 2024.
Appointed
Goldy Pandit was appointed as Director.
Appointed
Rupesh Mannalal Pandit was appointed as Director.
Incorporation
06 Feb 2019
Glovetech Safety India Private Limited was registered on 06 Feb 2019 with Roc Mumbai I & aged 7 years 9 months as per MCA records.
Frequently asked questions
Glovetech Safety India is an active private limited company based in Mumbai, Maharashtra, India. The company works in winter and seasonal wear, within the fashion and textile industry. It was incorporated on 06 February 2019 (7+ years old) and is registered under CIN U51909MH2019PTC320750.
Glovetech Safety India has 2 current directors:
- Goldy Pandit - Director
- Rupesh Mannalal Pandit - Director
The latest financial statements of Glovetech Safety India 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 FY 2019 are in the company report.
The GSTIN of Glovetech Safety India is 27AAHCG6720B1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Glovetech Safety India is U51909MH2019PTC320750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glovetech Safety India was incorporated on 06 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Goldy Pandit was appointed as Director on 06 Feb 2019. Rupesh Mannalal Pandit was appointed as Director on 06 Feb 2019.
Yes, Glovetech Safety India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0104543).
Glovetech Safety India can be reached through the website glovetech.asia. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Glovetech Safety India is at C – 4104 – 05 Oberoi Garden Premises Co – Op Soc Ltd Chandivali Farm Road Andheri East Mumb, Ai, Mumbai, Maharashtra, India – 400072.
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