About Glowide Pharmaceuticals Private Limited
Data last updated:
Glowide Pharmaceuticals Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 26 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2016PTC273586. Its GSTIN is 27AAGCG2943P1Z3 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹29.4 Lakh. It is led by directors Prashant Vinyakrao Hadke (Managing Director) and Manish Hadke Vinayakrao.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Ground Floor C Block South Wing Cfb Mihan SEZ Area, Nagpur, Maharashtra, India – 441108.
As per the financials filed for FY 2020, the company reported a revenue of ₹66.68 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹3.43 Lakh (net margin 5.1%) and EBITDA of -₹27.7 Lakh (EBITDA margin -41.5%). Revenue has grown at a compounded annual rate (CAGR) of 188% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹78 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glowide.org.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGround Floor C Block South Wing Cfb Mihan SEZ Area, Nagpur, Maharashtra, India – 441108
- IndustryPharma, Drug Formulation & Development
- 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 Glowide Pharmaceuticals Private Limited
The main business activity of Glowide Pharmaceuticals 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 Glowide Pharmaceuticals Private Limited FY 2020 filings available
Glowide Pharmaceuticals Private Limited reported revenue of ₹66.68 Lakh (down 33% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Glowide Pharmaceuticals Private Limited
Revenue fell 33% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 188%. 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 Glowide Pharmaceuticals Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹66.68 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹27.7 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.43 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Glowide Pharmaceuticals Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -41.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| 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 Glowide Pharmaceuticals are in the company report.
Financial statements from FY 2016
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 Glowide Pharmaceuticals Private Limited
Glowide Pharmaceuticals Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nityam Dipakam Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Kolhapur, Maharashtra, India |
| Sun Insepcure Lifesciences Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Klein & Nobel Medical Technologies Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Sanify Pharmacare Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Moodish Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Altcare Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Belgaum, Karnataka, India |
| Lative Life Science Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Rehuman Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| RGS Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Gorakhpur, Uttar Pradesh, India |
| Sevarat Healthcare and Nursing Private Limited | •••• | •••• | •••• | •••• | - | Bardez, Goa, India |
| Glowide Pharmaceuticals Private Limited this company | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Glowide Pharmaceuticals by revenue in the Pharma industry (Formulations, Pharmaceuticals), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Glowide Pharmaceuticals Private Limited
Glowide Pharmaceuticals Private Limited is audited by ASHWIN KAPSE & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHWIN KAPSE & CO | 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 Glowide Pharmaceuticals Private Limited
Glowide Pharmaceuticals has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Hadke Vinayakrao | Director | 26 Feb 2016 | 10 Years 7 Months | Current |
| Prashant Vinyakrao Hadke | Managing Director | 26 Feb 2016 | 10 Years 7 Months | Current |
Ownership and Shareholding of Glowide Pharmaceuticals 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 Glowide Pharmaceuticals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jul 2020 | Bank of India | ₹12 Lakh | Open |
| 01 Jul 2020 | Bank of India | ₹6 Lakh | Open |
| 10 Aug 2017 | Bank of India | ₹60 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Glowide Pharmaceuticals Private Limited
Glowide Pharmaceuticals Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Vivek Polyplast India Private Limited | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 2 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.
Employees and EPFO Compliance at Glowide Pharmaceuticals Private Limited
Glowide Pharmaceuticals Private Limited has a workforce of 5 employees as of Mar 22, 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 Glowide Pharmaceuticals Private Limited
Glowide Pharmaceuticals Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Mohan Govindrao Kekatpure ceased to be Director on 24 Jun 2020.
Credit Ratings, Litigation & Regulatory Alerts for Glowide Pharmaceuticals 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.
MSME Payment Delays by Glowide Pharmaceuticals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Glowide Pharmaceuticals 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 Glowide Pharmaceuticals Private Limited
Glowide Pharmaceuticals has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG2943P1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 27AAGCG2943P2Z2 | Maharashtra | Active | 10 Jun 2020 |
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 Glowide Pharmaceuticals 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 Glowide Pharmaceuticals Private Limited
Glowide Pharmaceuticals is an active private limited company based in Nagpur, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 26 February 2016 (10+ years old) and is registered under CIN U74900MH2016PTC273586.
Glowide Pharmaceuticals reported revenue of ₹66.68 Lakh for FY 2020 (down 33% YoY).
Glowide Pharmaceuticals has 2 current directors:
- Prashant Vinyakrao Hadke - Managing Director
- Manish Hadke Vinayakrao - Director
Glowide Pharmaceuticals reported a net profit of ₹3.43 Lakh (net margin 5.1%) and EBITDA of -₹27.7 Lakh (EBITDA margin -41.5%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Glowide Pharmaceuticals is 188% over three years. In the latest year (FY 2020) revenue fell 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Glowide Pharmaceuticals is 27AAGCG2943P1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCG2943P2Z2 (Maharashtra).
The CIN (Corporate Identification Number) of Glowide Pharmaceuticals is U74900MH2016PTC273586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glowide Pharmaceuticals has 2 court cases on record: 2 filed against it.
Glowide Pharmaceuticals was incorporated on 26 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Glowide Pharmaceuticals by revenue are Nityam Dipakam Pharmaceuticals Private Limited, Sun Insepcure Lifesciences Private Limited, Klein & Nobel Medical Technologies Private Limited, Sanify Pharmacare Private Limited, Moodish Pharmaceuticals Private Limited and 5 more, all in the Pharma industry (Formulations, Pharmaceuticals).
Mohan Govindrao Kekatpure ceased to be Director on 24 Jun 2020. Prashant Vinyakrao Hadke ceased to be Director on 30 Jul 2018. Manish Hadke Vinayakrao was appointed as Director on 26 Feb 2016. Glowide Pharmaceuticals has 4 board changes on record in total.