About Glowfab Industries Private Limited
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Glowfab Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 April 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1990PTC056120. Its GSTIN is 24AAACG1374Q1ZE (Gujarat).
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹73.24 Lakh. It is led by directors including Mahesh Vasant Deshpande and Rajesh Sanwarmal Bajaj.
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 703 Kailas Dham G. V. Scheme Road No.4 Mulund (E), Mumbai, Maharashtra, India – 400081.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.07 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.08 Lakh (net margin 2%) and EBITDA of ₹5.3 Lakh (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glowfab.com.
Company details
CIN history
Glowfab Industries has one previous CIN (Corporate Identification Number): U17100MH2004PTC056120. The current CIN is U17100MH1990PTC056120, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100MH1990PTC056120 | Current |
| U17100MH2004PTC056120 | Previous |
Contact details
Glowfab Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is glowfab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address703 Kailas Dham G. V. Scheme Road No.4 Mulund (E), Mumbai, Maharashtra, India – 400081
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Glowfab Industries Private Limited, buy the company report.
- 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
Business activity
The main business activity of Glowfab Industries 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 Glowfab Industries Private Limited, buy the company report.
Financials of Glowfab Industries Private Limited
FY 2025 filings availableGlowfab Industries Private Limited reported revenue of ₹2.07 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 5% fall in the latest year. EBITDA rose 34% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.3 Lakh | ||||
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| Net Profit (PAT) | ₹4.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Glowfab Industries Private Limited, buy the company report.
Board of directors of Glowfab Industries Private Limited
Glowfab Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Vasant Deshpande Also directs: Amd Fabrics Private Limited | Director | 09 Apr 1990 | 36 Years 6 Months | Current |
| Rajesh Sanwarmal Bajaj Also directs: Glowfab Fashions Private Limited | Director | 09 Apr 1990 | 36 Years 6 Months | Current |
| Sudhir Krishna Dhody Also directs: Sai Freshlife Private Limited | Director | 09 Apr 1990 | 36 Years 6 Months | Current |
Auditor
Glowfab Industries Private Limited is audited by Shah And Modi Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah And Modi Chartered Accountants | FY 2023 | 112426W |
Shareholding
The shareholding of Glowfab Industries 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 Glowfab Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2021 | 100505208 | Tamilnad Mercantile Bank Limited | ₹4 Cr | Open | |
| 10 Apr 2013 | 10429977 | Nkgsb Co-Operative Bank Ltd. | ₹50 Lakh | Open | |
| 06 Feb 2013 | 10414076 | Nkgsb Co-Operative Bank Ltd | ₹8.8 Lakh | Open | |
| 15 Jun 2010 | 10228934 | Nkgsb Co-Op. Bank Ltd. | ₹1.68 Cr | Open | |
| 03 Feb 2010 | 10209252 | Nkgsb Co-Op. Bank Ltd. | ₹3.5 Cr | Open |
To see the full charge records of Glowfab Industries Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
No court or tribunal cases involving Glowfab Industries 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 Glowfab Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glowfab Industries Private Limited has a workforce of 11 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Glowfab Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG1374Q1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glowfab Industries Private Limited, buy the company report.
Recent activity
Glowfab Industries Private Limited has 4 board changes on record since 1990: 3 appointments and 1 cessation. The latest: Sudhir Krishna Dhody ceased to be Director on 05 Jun 2019.
14 earlier events are in the company report.
Frequently asked questions
Glowfab Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 09 April 1990 (36+ years old) and is registered under CIN U17100MH1990PTC056120.
Glowfab Industries has 3 current directors:
- Mahesh Vasant Deshpande - Director
- Rajesh Sanwarmal Bajaj - Director
- Sudhir Krishna Dhody - Director
The latest financial statements of Glowfab Industries 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 2015 are in the company report.
The GSTIN of Glowfab Industries is 24AAACG1374Q1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Glowfab Industries is U17100MH1990PTC056120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glowfab Industries was incorporated on 09 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Sudhir Krishna Dhody ceased to be Director on 05 Jun 2019. Mahesh Vasant Deshpande was appointed as Director on 09 Apr 1990. Rajesh Sanwarmal Bajaj was appointed as Director on 09 Apr 1990. Glowfab Industries has 4 board changes on record in total.
Glowfab Industries can be reached through the website glowfab.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Glowfab Industries is at 703 Kailas Dham G. V. Scheme Road No.4 Mulund E, Mumbai, Maharashtra, India – 400081.
Glowfab Industries operates in the manufacturing industry, in the textile and fabric production segment.
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