MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0054568
Glow Gym India Private Limited
Glow Gym India Private Limited - service in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹46.46 Lakh
▲ 249% YoY
Net loss · FY 2023
₹11.88 Lakh
Net margin -25.6%
EBITDA · FY 2023
₹1.48 Lakh
EBITDA margin 3.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.65 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
3
Provident fund records
About Glow Gym India Private Limited
Data last updated:
Glow Gym India Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the service-based operations segment of the services sector. It was incorporated on 28 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85190MH2008PTC181664. Its GSTIN is 27AADCG1303J1ZY (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Shankarro Girme (Managing Director) and Sameer Shyamrao Kedar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Varad Bungalow Akashwani Tower Road Opp. Anil Medical Off. Gangapur Road, Nashik, Maharashtra, India – 422013.
As per the financials filed for FY 2023, the company reported a revenue of ₹46.46 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹11.88 Lakh (net margin -25.6%) and EBITDA of ₹1.48 Lakh (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.65 Cr on record.
Glow Gym India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0054568). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U85190MH2008PTC181664
Registration Number 181664
Incorporation Date 28 April 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0054568
Recognitions & Rankings of Glow Gym India
Contact details
Glow Gym India Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVarad Bungalow Akashwani Tower Road Opp. Anil Medical Off. Gangapur Road, Nashik, Maharashtra, India – 422013
- IndustryService, Other Services
To see the full contact details of Glow Gym India Private Limited, buy the company report.
Comprehensive company report
Glow Gym 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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Secure checkout · GST invoice included
Business activity
The main business activity of Glow Gym India is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Glow Gym India Private Limited, buy the company report.
Financials of Glow Gym India Private Limited
FY 2023 filings availableGlow Gym India Private Limited reported revenue of ₹46.46 Lakh (up 249% YoY) for FY 2023.
Revenue · FY 2023
₹46.46 Lakh ▲ 249%
Net loss · FY 2023
₹11.88 Lakh margin -25.6%
EBITDA · FY 2023
₹1.48 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 249%
3 years · compounded
▼ 9%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 123%
3 years · compounded
▲ 5%
5 years · compounded
▲ 16%
Revenue rose 249% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 123% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | -25.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Glow Gym India Private Limited, buy the company report.
Board of directors of Glow Gym India Private Limited
Glow Gym India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Shankarro Girme | Managing Director | 28 Apr 2008 | 18 Years 6 Months | Current |
| Sameer Shyamrao Kedar Also directs: Kedar Sandtech Private Limited | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
Peer comparison
Glow Gym India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Gyms), with the same principal business activity (other personal service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fitch Clubs Private Limited | ₹49.23 Lakh (FY 2018) | -26.0% | Chennai, Tamil Nadu, India | |||
| Alicia Fitlife Creations Private Limited | ₹47.43 Lakh (FY 2025) | 277.0% | Ghaziabad, Uttar Pradesh, India | |||
| Glow Gym India Private Limitedthis company | ₹46.46 Lakh (FY 2023) | -₹11.88 Lakh | -25.6% | 249.0% | 3 | Nashik, Maharashtra, India |
| HSM Fitness Private Limited | ₹43.95 Lakh (FY 2024) | -31.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Glow Gym India Private Limited, buy the company report.
Auditor
Glow Gym India Private Limited is audited by CA DARSHAN CHANDALIYA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA DARSHAN CHANDALIYA | FY 2017 | 138181 |
Shareholding
The shareholding of Glow Gym India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Glow Gym India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.65 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2009 | 10148823 | The Saraswat Co.Op. Bank Ltd | ₹25 Lakh | Open | |
| 24 Jun 2008 | 10116102 | The Saraswat Co-Operative Bank Ltd | ₹1 Cr | Open | |
| 24 Jun 2008 | 10116103 | The Saraswat Co-Operative Bank Ltd | ₹1.4 Cr | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Glow Gym 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 Glow Gym India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glow Gym India Private Limited has a workforce of 3 employees on its EPFO records as of Oct 2025, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-25%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 3 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Glow Gym India Private Limited, buy the company report.
GST
Glow Gym India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG1303J1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glow Gym India Private Limited, buy the company report.
Recent activity
Glow Gym India Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Sameer Shyamrao Kedar was appointed as Director on 01 Jan 2025.
Appointed
Sameer Shyamrao Kedar was appointed as Director.
AGM
Glow Gym India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Glow Gym India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai Ii.
Ceased
Rajesh Shankarro Girme ceased to be Director.
Ceased
Suresh Mhaluji Avhad ceased to be Managing Director.
Charges
A charge with The Saraswat Co.Op. Bank Ltd amounted to Rs. 25.00 Lakh with Charge ID 10148823 was registered on 03 Mar 2009.
Charges
A charge with The Saraswat Co-Operative Bank Ltd amounted to Rs. 100.00 Lakh with Charge ID 10116102 was registered on 24 Jun 2008.
Charges
A charge with The Saraswat Co-Operative Bank Ltd amounted to Rs. 140.00 Lakh with Charge ID 10116103 was registered on 24 Jun 2008.
Appointed
Pradnya Girme was appointed as Director.
Appointed
Rajesh Shankarro Girme was appointed as Managing Director.
Incorporation
28 Apr 2008
Glow Gym India Private Limited was registered on 28 Apr 2008 with Roc Mumbai Ii & aged 18 years 6 months as per MCA records.
Frequently asked questions
Glow Gym India is an active private limited company based in Nashik, Maharashtra, India. The company works in other services, within the service industry. It was incorporated on 28 April 2008 (18+ years old) and is registered under CIN U85190MH2008PTC181664.
Glow Gym India has 2 current directors:
- Rajesh Shankarro Girme - Managing Director
- Sameer Shyamrao Kedar - Director
The latest financial statements of Glow Gym India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Glow Gym India is 27AADCG1303J1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Glow Gym India is U85190MH2008PTC181664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glow Gym India was incorporated on 28 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Glow Gym India by revenue are Fitch Clubs Private Limited, Alicia Fitlife Creations Private Limited, HSM Fitness Private Limited, all in the Consumer Services industry (Gyms), with the same principal business activity (other personal service activities).
Sameer Shyamrao Kedar was appointed as Director on 01 Jan 2025. Rajesh Shankarro Girme ceased to be Director on 23 Nov 2010. Suresh Mhaluji Avhad ceased to be Managing Director on 23 Nov 2010. Glow Gym India has 5 board changes on record in total.
Yes, Glow Gym India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0054568).
The registered office of Glow Gym India is at Varad Bungalow Akashwani Tower Road Opp. Anil Medical Off. Gangapur Road, Nashik, Maharashtra, India – 422013.
Glow Gym India operates in the service industry, in the other services segment.
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