
About Glow Pharma Private Limited
Data last updated:
Glow Pharma Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 26 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1993PTC074729. Its GSTIN is 27AAACG3678F1ZK (Maharashtra).
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹83.29 Lakh. It was formerly known as Glow Export Trading P Ltd. It is led by directors Haroon Bashir Shaikh and Kamran Ajaz Ahmed Khan.
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 Unit No. 217 & 218 Hubtown Viva Shankarwadi Western Express Highway Jogeshwari East, Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.18 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹94.86 Lakh (net margin 2%) and EBITDA of ₹2.05 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Glow Pharma. As per MCA filings, the company has satisfied charges of ₹17.17 Cr on record. Court records list 21 cases involving the company, including 8 filed by the company and 12 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glowpharma.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit No. 217 & 218 Hubtown Viva Shankarwadi Western Express Highway Jogeshwari East, Mumbai, Maharashtra, India – 400060
- IndustryHealthcare, Medical & Laboratory Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Glow Pharma Private Limited
The main business activity of Glow Pharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Glow Pharma Private Limited FY 2025 filings available
Glow Pharma Private Limited reported revenue of ₹48.18 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Glow Pharma Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 23% growth in the latest year. EBITDA rose 27% 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 of Glow Pharma Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹94.86 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 of Glow Pharma Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Glow Pharma are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Glow Pharma Private Limited
Glow Pharma Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Formulations, Medical and Laboratory Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clarity Medical Private Limited | ₹48.84 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mohali, Punjab, India |
| Montage Laboratories Private Limited | ₹48.49 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Himatnagar, Gujarat, India |
| Sainor Pharma Private Limited | ₹48.47 Cr (FY 2016) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Accurex Biomedical Private Limited | ₹48.34 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Smit Medimed Private Limited | ₹48.24 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Ahmedabad, Gujarat, India |
| Glow Pharma Private Limited this company | ₹48.18 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Rhydburg Pharmaceuticals Ltd | ₹48.17 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Delhi, India |
| Edkem Pharmaceuticals Limited | ₹48.11 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Ahmedabad, Gujarat, India |
| Indasi Lifescience Private Limited | ₹48.01 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Daman, Daman and Diu, India |
| R.K. Laboratories Private Limited | ₹47.96 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Chandigarh, India |
| Biddle Sawyer Limited | ₹47.93 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Glow Pharma by revenue in the Healthcare industry (Formulations, Medical and Laboratory Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Glow Pharma Private Limited
Glow Pharma Private Limited is audited by MAJITHIA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAJITHIA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Glow Pharma Private Limited
Glow Pharma has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haroon Bashir Shaikh | Director | 12 Apr 1997 | 29 Years 6 Months | Current |
| Kamran Ajaz Ahmed Khan Also directs: Oncology Logistics LLP | Director | 28 Feb 2018 | 8 Years 7 Months | Current |
Ownership and Shareholding of Glow Pharma Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Glow Pharma Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2017 | State Bank of India | ₹4.3 Cr | Satisfied |
| 16 Sep 2015 | Others | ₹1.22 Cr | Satisfied |
| 03 May 2014 | State Bank of India | ₹6.55 Cr | Satisfied |
| 22 Mar 2013 | Icici Bank Limited | ₹74 Lakh | Satisfied |
| 27 Aug 2009 | State Bank of India | ₹2.05 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Glow Pharma Private Limited
Glow Pharma Private Limited has 21 court cases on record: 8 filed by Glow Pharma, 12 filed against it, 1 where it is another party. 4 cases are pending and 17 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 5 | 3 |
| District courts | 10 | 7 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CRE) | Filed by the company against Frazer Labs Pvt Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Frazer Labs Pvt Ltd | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Frazer Labs Pvt Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ajanta Pharma Limited | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Ajanta Pharma Limited | Disposed |
Full case history
All 21 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Glow Pharma Private Limited
Glow Pharma Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 159 overdue payments to 35 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 35)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lograns Pharma Private Limited | •••• | •••• | •••• |
| Saviour Caps Private Limited | •••• | •••• | •••• |
| S.K.Packaging | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Glow Pharma Private Limited
Glow Pharma operates one associated brand: Glow Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports pharmaceutical products like tablets and capsules worldwide. | glowpharma.com |
Employees and EPFO Compliance at Glow Pharma Private Limited
Glow Pharma Private Limited has a workforce of 20 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Glow Pharma Private Limited
Glow Pharma Private Limited has 8 board changes on record since 1997: 2 appointments and 6 cessations. The latest: Omar Shaikh Haroon ceased to be Director on 16 Mar 2018.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Glow Pharma Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Glow Pharma Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Glow Pharma Private Limited
Glow Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG3678F1ZK | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Glow Pharma Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Glow Pharma Private Limited
Glow Pharma is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 26 October 1993 (33+ years old) and is registered under CIN U51900MH1993PTC074729.
Glow Pharma reported revenue of ₹48.18 Cr for FY 2025 (up 23% YoY).
Glow Pharma has 2 current directors:
- Haroon Bashir Shaikh - Director
- Kamran Ajaz Ahmed Khan - Director
Glow Pharma reported a net profit of ₹94.86 Lakh (net margin 2%) and EBITDA of ₹2.05 Cr (EBITDA margin 4.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Glow Pharma is 5% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Glow Pharma is 27AAACG3678F1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Glow Pharma is U51900MH1993PTC074729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glow Pharma has 21 court cases on record: 8 filed by the company and 12 filed against it. 4 are pending. Most are in the high courts.
Glow Pharma was incorporated on 26 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Glow Pharma by revenue are Clarity Medical Private Limited, Montage Laboratories Private Limited, Sainor Pharma Private Limited, Accurex Biomedical Private Limited, Smit Medimed Private Limited and 5 more, all in the Healthcare industry (Formulations, Medical and Laboratory Equipment).
Omar Shaikh Haroon ceased to be Director on 16 Mar 2018. Kamran Ajaz Ahmed Khan was appointed as Director on 28 Feb 2018. Upendra Pranlal Upadhyaya ceased to be Director on 31 Mar 2015. Glow Pharma has 8 board changes on record in total.
Glow Pharma has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 159 overdue payments to 35 micro and small suppliers. The latest return was filed on 03 Mar 2020.