MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-02-0011289
Glow Right Electric Source Private Limited - consumer electronics & durables in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22.7 Cr
▲ 48% YoY
Net profit · FY 2024
₹29.2 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹1.47 Cr
EBITDA margin 6.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹14.3 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
About Glow Right Electric Source Private Limited
Data last updated:
Glow Right Electric Source Private Limited is a private limited company based in Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 11 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U36994DL2017PTC320478. Its GSTIN is 07AAGCG9159F1ZC (Delhi). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Varsha Goel and Ashok Kumar Goel.
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 10/69/627/4 – C Shankar Gali Vishwash Nagar Shahdara, Delhi, India – 110032.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.7 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹29.2 Lakh (net margin 1.3%) and EBITDA of ₹1.47 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 54% over five years.
The company is associated with 1 brand: GlowRight India. As per MCA filings, the company has open charges of ₹14.3 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 4 cases are pending.
Glow Right Electric Source Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0011289). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glowright.co.in.
Company details
CIN U36994DL2017PTC320478
Registration Number 320478
Incorporation Date 11 July 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-02-0011289
Recognitions & Rankings of Glow Right Electric Source
Contact details
Glow Right Electric Source Private Limited's registered office is in Delhi, Delhi. Its website is glowright.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10/69/627/4 – C Shankar Gali Vishwash Nagar Shahdara, Delhi, India – 110032
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Glow Right Electric Source Private Limited, buy the company report.
Comprehensive company report
Glow Right Electric Source 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Glow Right Electric Source operates one associated brand: GlowRight India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LED lighting manufacturing and sales in India. | glowright.co.in |
Business activity
The main business activity of Glow Right Electric Source is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Glow Right Electric Source Private Limited, buy the company report.
Financials of Glow Right Electric Source Private Limited
FY 2025 filings availableGlow Right Electric Source Private Limited reported revenue of ₹22.7 Cr (up 48% YoY) for FY 2024.
Revenue · FY 2024
₹22.7 Cr ▲ 48%
Net profit · FY 2024
₹29.2 Lakh margin 1.3%
EBITDA · FY 2024
₹1.47 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 25%
5 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 92%
5 years · compounded
▲ 92%
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 48% growth in the latest year. EBITDA rose 62% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.2 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Right Electric Source Private Limited, buy the company report.
Board of directors of Glow Right Electric Source Private Limited
Glow Right Electric Source has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Goel | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
| Ashok Kumar Goel Also directs: Grand Opportunity Infratech Private Limited | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
| Rahul Goel | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
| Shreya Goel | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Glow Right Electric Source Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kukreja Electronics Solutions Private Limited | ₹22.71 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Sachdeva Lighting Private Limited | ₹22.71 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Sanjeev Agro-Vet Private Limited | ₹22.7 Cr (FY 2025) | 1.0% | Telangana, India | |||
| Torrex Ventures Limited | ₹22.7 Cr (FY 2024) | 92.0% | Jaipur, Rajasthan, India | |||
| Esyasoft Technologies Private Limited | ₹22.7 Cr (FY 2024) | 28.0% | Kormangala, Karnataka, India | |||
| Glow Right Electric Source Private Limitedthis company | ₹22.7 Cr (FY 2024) | ₹29.2 Lakh | 1.3% | 48.0% | Delhi, India | |
| Soch Ceramic (PR) Private Limited | ₹22.69 Cr (FY 2025) | 213.0% | Lucknow, Uttar Pradesh, India | |||
| VV Silver Palace Private Limited | ₹22.69 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Advanov Pharma Private Limited | ₹22.68 Cr (FY 2024) | 107.0% | Ahmedabad, Gujarat, India | |||
| Sri Sri Enterprises Private Limited | ₹22.68 Cr (FY 2024) | -3.0% | Nizamabad, Telangana, India | |||
| Sadabahar Distributors Private Limited | ₹22.68 Cr (FY 2025) | 1.0% | Barrackpur, West Bengal, India |
To see the full peer comparison of Glow Right Electric Source Private Limited, buy the company report.
Auditor
Glow Right Electric Source Private Limited is audited by K.L. Chandak & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.L. Chandak & Co. | FY 2023 | 000972N |
Shareholding
The shareholding of Glow Right Electric Source Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glow Right Electric Source Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2022 | 100617999 | Others | ₹14.3 Cr | Open |
To see the full charge records of Glow Right Electric Source Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Glow Right Electric Source Private Limited has 5 court cases on record: 5 filed by Glow Right Electric Source. 4 cases are pending and 1 is disposed.
Total cases
5
Filed by the company
5
Pending
4
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 4 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against Singla Trading Company Through Proprietor Namely | Pending |
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed by the company against Singla Trading Company Through Proprietor Namely | Pending |
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed by the company against M/S Yadav Electrical Store Through Proprietor Namely SH. Gajraj Singh | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against Sagar Enterprises | Disposed |
To see the full case history of Glow Right Electric Source Private Limited, buy the company report.
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
Glow Right Electric Source Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Glocot Chemicals Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Glow Right Electric Source Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Glow Right Electric Source has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCG9159F1ZC | Delhi | Active | 01 Jan 2018 |
| 09AAGCG9159F1Z8 | Uttar Pradesh | Active | 15 Apr 2021 |
| 10AAGCG9159F1ZP | Bihar | Active | 27 May 2022 |
| 06AAGCG9159F1ZE | Haryana | Active | 20 Oct 2022 |
To see the full GST registrations and return filing status of Glow Right Electric Source Private Limited, buy the company report.
Recent activity
Glow Right Electric Source Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Ashok Kumar Goel was appointed as Director on 11 Jul 2017.
AGM
Glow Right Electric Source Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Glow Right Electric Source Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others of Rs. 14.30 Cr registered on 18 Oct 2022 with Charge ID 100617999 was modified on 28 Feb 2025.
Charges
A charge with Others amounted to Rs. 14.30 Cr with Charge ID 100617999 was registered on 18 Oct 2022.
Appointed
Ashok Kumar Goel was appointed as Director.
Appointed
Rahul Goel was appointed as Director.
Appointed
Shreya Goel was appointed as Director.
Appointed
Varsha Goel was appointed as Director.
Incorporation
11 Jul 2017
Glow Right Electric Source Private Limited was registered on 11 Jul 2017 with Roc Delhi & aged 9 years 3 months as per MCA records.
Frequently asked questions
Glow Right Electric Source is an active private limited company based in Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 11 July 2017 (9+ years old) and is registered under CIN U36994DL2017PTC320478.
Glow Right Electric Source has 4 current directors:
- Varsha Goel - Director
- Ashok Kumar Goel - Director
- Rahul Goel - Director
- Shreya Goel - Director
The latest financial statements of Glow Right Electric Source 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 2018 are in the company report.
The GSTIN of Glow Right Electric Source is 07AAGCG9159F1ZC, registered in Delhi. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 09AAGCG9159F1Z8 (Uttar Pradesh), 10AAGCG9159F1ZP (Bihar), 06AAGCG9159F1ZE (Haryana).
The CIN (Corporate Identification Number) of Glow Right Electric Source is U36994DL2017PTC320478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glow Right Electric Source has 5 court cases on record: 5 filed by the company. 4 are pending.
Glow Right Electric Source was incorporated on 11 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Glow Right Electric Source by revenue are Kukreja Electronics Solutions Private Limited, Sachdeva Lighting Private Limited, Sanjeev Agro-Vet Private Limited, Torrex Ventures Limited, Esyasoft Technologies Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Ashok Kumar Goel was appointed as Director on 11 Jul 2017. Rahul Goel was appointed as Director on 11 Jul 2017. Shreya Goel was appointed as Director on 11 Jul 2017. Glow Right Electric Source has 4 board changes on record in total.
Yes, Glow Right Electric Source is registered as a small enterprise under Udyam registration (number: UDYAM-DL-02-0011289).
Glow Right Electric Source has 2 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 2 micro and small suppliers. The latest return was filed on 31 Oct 2020.
Glow Right Electric Source can be reached through the website glowright.co.in. Its registered office is in Delhi, India.