MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-01-0008811
Gloware Softech Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.11 Cr
▼ 3% YoY
Net profit · FY 2023
₹2.63 Lakh
Net margin 2.4%
EBITDA · FY 2023
₹10.92 Lakh
EBITDA margin 9.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Gloware Softech Private Limited
Data last updated:
Gloware Softech Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2019PTC347027. Its GSTIN is 07AAHCG7219F1ZM (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ankush Pal and Abhishek Pandey.
Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at H. No. – 100 Ground Floor Block – E Jj Colony Budh Nagar Inderpuri, New Delhi, Delhi, India – 110012.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.11 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Lakh (net margin 2.4%) and EBITDA of ₹10.92 Lakh (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company is associated with 1 brand: Gloware Softech.
Gloware Softech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0008811). For more details, the company can be reached via its website gloware-softech.com.
Company Details of Gloware Softech Private Limited
CIN U72200DL2019PTC347027
Registration Number 347027
Incorporation Date 07 March 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-DL-01-0008811
Key People
Ankush Pal Director Abhishek Pandey Director Recognitions & Rankings of Gloware Softech
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH. No. – 100 Ground Floor Block – E Jj Colony Budh Nagar Inderpuri, New Delhi, Delhi, India – 110012
- IndustryInformation Technology, IT Consulting & Support Services
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Associated Brands with Gloware Softech Private Limited
Gloware Softech operates one associated brand: Gloware Softech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT solutions and recruitment services are offered by Gloware Softech, focusing on digital transformation and customer needs. | gloware-softech.com |
Business Activity of Gloware Softech Private Limited
The main business activity of Gloware Softech is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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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 Gloware Softech Private Limited FY 2023 filings available
Gloware Softech Private Limited reported revenue of ₹1.11 Cr (down 3% YoY) for FY 2023.
Revenue · FY 2023
₹1.11 Cr ▼ 3%
Net profit · FY 2023
₹2.63 Lakh margin 2.4%
EBITDA · FY 2023
₹10.92 Lakh margin 9.8%
Compounded Annual Growth Rate (CAGR) of Gloware Softech Private Limited
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 69%
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 13% 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 Gloware Softech Private Limited
| 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 | ₹1.11 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.63 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 Gloware Softech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Gloware Softech are in the company report.
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Financial statements from FY 2019
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.
Board of Directors of Gloware Softech Private Limited
Gloware Softech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankush Pal | Director | 07 Mar 2019 | 7 Years 7 Months | Current |
| Abhishek Pandey | Director | 07 Mar 2019 | 7 Years 7 Months | Current |
Peer Comparison of Gloware Softech Private Limited
Gloware Softech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vegatech Infosolutions Private Limited | ₹1.12 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| XR Horizon Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Palarivattom, Kerala, India |
| Magnificent ( India) Private Limited | ₹1.12 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Patna, Bihar, India |
| Tacnik Technology Private Limited | ₹1.11 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Gowif Technologies Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Bangalore, Karnataka, India |
| Gloware Softech Private Limited this company | ₹1.11 Cr (FY 2023) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Agilepath Software Solutions Private Limited | ₹1.11 Cr (FY 2023) | •••• | •••• | 139.0% | •••• | Chennai, Tamil Nadu, India |
| Wibon Networks Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Ernakulam, Kerala, India |
| Gloriosa Infotel IT Services India Private Limited | ₹1.11 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Thanjavur, Tamil Nadu, India |
| Alfie Software Private Limited | ₹1.11 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Atto Innovations Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 118.0% | •••• | Kochi, Kerala, India |
Peers are the five companies nearest above and the five nearest below Gloware Softech by revenue in the same principal business activity (Other information & communication service activities), 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 Gloware Softech Private Limited
Gloware Softech Private Limited is audited by B P Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B P Associates LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Gloware Softech Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gloware Softech Private Limited
Gloware Softech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Gloware Softech Private Limited
Employment history and EPFO contributions of people linked to Gloware Softech.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Gloware Softech Private Limited
Gloware Softech Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Abhishek Pandey was appointed as Director on 07 Mar 2019.
AGM
Gloware Softech Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
Filing
Gloware Softech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Appointed
Abhishek Pandey was appointed as Director.
Appointed
Ankush Pal was appointed as Director.
Incorporation
07 Mar 2019
Gloware Softech Private Limited was registered on 07 Mar 2019 with Roc Delhi & aged 7 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Gloware Softech Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Gloware Softech Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Gloware Softech Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Gloware Softech Private Limited
Gloware Softech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCG7219F1ZM | Delhi | Active | 13 Mar 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Gloware Softech Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Gloware Softech Private Limited
Gloware Softech is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 March 2019 (7+ years old) and is registered under CIN U72200DL2019PTC347027.
Gloware Softech reported revenue of ₹1.11 Cr for FY 2023 (down 3% YoY).
Gloware Softech has 2 current directors:
- Ankush Pal - Director
- Abhishek Pandey - Director
Gloware Softech reported a net profit of ₹2.63 Lakh (net margin 2.4%) and EBITDA of ₹10.92 Lakh (EBITDA margin 9.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gloware Softech is 4% over three years. In the latest year (FY 2023) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gloware Softech is 07AAHCG7219F1ZM, registered in Delhi.
The CIN (Corporate Identification Number) of Gloware Softech is U72200DL2019PTC347027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gloware Softech was incorporated on 07 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Gloware Softech by revenue are Vegatech Infosolutions Private Limited, XR Horizon Private Limited, Magnificent ( India) Private Limited, Tacnik Technology Private Limited, Gowif Technologies Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Abhishek Pandey was appointed as Director on 07 Mar 2019. Ankush Pal was appointed as Director on 07 Mar 2019.
Yes, Gloware Softech is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-01-0008811).