MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-11-0010579
Glowmore Finance Pvt.Ltd. - financial services in Berhampur Sadar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.89 Cr
▼ 34% YoY
Net profit · FY 2025
₹2.88 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹11.9 Lakh
EBITDA margin 6.3%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹7.25 Cr
Issued & subscribed
Open charges
₹50 Lakh
Satisfied ₹2.39 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
51
Provident fund records
About Glowmore Finance Pvt.Ltd.
Data last updated:
Glowmore Finance Pvt.Ltd. is a private limited company based in Berhampur Sadar, Odisha, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 03 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U65993OR1997PTC027920. Its GSTIN is 21AAACG6384N1ZE (Odisha).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.25 Cr. It is led by directors including Abhimanyu Sahu (Managing Director) and Jayanti Sahu.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Govind Bihar 6th Lane Extn.3 Lochapada Road, Berhampur Sadar, Odisha, India – 760001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.89 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.88 Lakh (net margin 1.5%) and EBITDA of ₹11.9 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Glowmore Finance. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹2.39 Cr on record.
Glowmore Finance Pvt.Ltd. is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-11-0010579). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glowmorefinance.com.
Company details
CIN U65993OR1997PTC027920
Registration Number 027920
Incorporation Date 03 January 1997
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-11-0010579
CIN history
Glowmore Finance has one previous CIN (Corporate Identification Number): U65993DL1997PTC084233. The current CIN is U65993OR1997PTC027920, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993OR1997PTC027920 | Current |
| U65993DL1997PTC084233 | Previous |
Recognitions & Rankings of Glowmore Finance
Contact details
Glowmore Finance Pvt.Ltd.'s registered office is in Berhampur Sadar, Odisha. Its website is glowmorefinance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGovind Bihar 6th Lane Extn.3 Lochapada Road, Berhampur Sadar, Odisha, India – 760001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Glowmore Finance Pvt.Ltd., buy the company report.
Comprehensive company report
Glowmore Finance Pvt.Ltd. - 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
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Brands
Glowmore Finance operates one associated brand: Glowmore Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Micro credit and financial services for rural inclusion in India. | glowmorefinance.com |
Business activity
The main business activity of Glowmore Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Glowmore Finance Pvt.Ltd., buy the company report.
Financials of Glowmore Finance Pvt.Ltd.
FY 2023 filings availableGlowmore Finance Pvt.Ltd. reported revenue of ₹1.89 Cr (down 34% YoY) for FY 2025.
Revenue · FY 2025
₹1.89 Cr ▼ 34%
Net profit · FY 2025
₹2.88 Lakh margin 1.5%
EBITDA · FY 2025
₹11.9 Lakh margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 16%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 9%
5 years · compounded
▼ 13%
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 82% 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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| Total Expenses | |||||
| EBITDA | ₹11.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.88 Lakh | ||||
| Balance Sheet | |||||
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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 | 6.3% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Glowmore Finance Pvt.Ltd., buy the company report.
Board of directors of Glowmore Finance Pvt.Ltd.
Glowmore Finance has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayanti Sahu Also directs: Glowmore Services Private Limited | Director | 21 Dec 2018 | 7 Years 10 Months | Current |
| Krushna Sahu | Director | 05 Feb 2021 | 5 Years 8 Months | Current |
| Abhimanyu Sahu Also directs: Glowmore Services Private Limited | Managing Director | 30 Dec 2016 | 9 Years 9 Months | Current |
Peer comparison
Glowmore Finance Pvt.Ltd. is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shruti Finsec Private Limited | ₹1.9 Cr (FY 2025) | 85.0% | Kanpur Nagar, Uttar Pradesh, India | |||
| Glowmore Finance Pvt.Ltd.this company | ₹1.89 Cr (FY 2025) | ₹2.88 Lakh | 1.5% | -34.0% | 51 | Berhampur Sadar, Odisha, India |
| BKP Commercial India Pvt Ltd | ₹1.89 Cr (FY 2024) | 27.0% | New Delhi, Delhi, India | |||
| Kamlesh Trade & Agency Private Limited | ₹1.88 Cr (FY 2024) | 49.0% | Kolkata, West Bengal, India | |||
| TSB Finance Private Limited | ₹1.88 Cr (FY 2022) | 23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Glowmore Finance Pvt.Ltd., buy the company report.
Auditor
Glowmore Finance Pvt.Ltd. is audited by B.S.SUBUDHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.S.SUBUDHI & CO. | FY 2023 | 316006E |
Shareholding
The shareholding of Glowmore Finance Pvt.Ltd. 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glowmore Finance Pvt.Ltd., buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
₹2.39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2024 | 101009008 | Others | ₹50 Lakh | Open | |
| 04 Mar 2023 | 100693380 | Others | ₹13.5 Lakh | Satisfied | |
| 24 Feb 2022 | 100581131 | Others | ₹2 Cr | Satisfied | |
| 08 Feb 2022 | 100544786 | Others | ₹25 Lakh | Satisfied |
To see the full charge records of Glowmore Finance Pvt.Ltd., buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Glowmore Finance Pvt.Ltd. are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Glowmore Finance Pvt.Ltd. was last rated by Icra on 11 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Mar 2022 |
To see the full credit ratings and regulatory alerts of Glowmore Finance Pvt.Ltd., buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glowmore Finance Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glowmore Finance Pvt.Ltd. has a workforce of 51 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
-5.56%
GST
Glowmore Finance has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACG6384N1ZE | Odisha | Active | 02 Aug 2018 |
To see the full GST registrations and return filing status of Glowmore Finance Pvt.Ltd., buy the company report.
Recent activity
Glowmore Finance Pvt.Ltd. has 11 board changes on record since 1997: 7 appointments and 4 cessations. The latest: Narendra Nayak ceased to be Director on 28 Oct 2025.
Ceased
Narendra Nayak ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101009008 was registered on 12 Nov 2024.
Appointed
Narendra Nayak was appointed as Director.
Ceased
Prasanta Kumar Satapathy ceased to be Director.
AGM
Glowmore Finance Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge registered on 04 Mar 2023 via Charge ID 100693380 with Others was fully satisfied on 20 Jul 2023.
Charges
A charge registered on 08 Feb 2022 via Charge ID 100544786 with Others was fully satisfied on 18 Jul 2023.
Charges
A charge registered on 24 Feb 2022 via Charge ID 100581131 with Others was fully satisfied on 14 Jul 2023.
Filing
Glowmore Finance Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100693380 was registered on 04 Mar 2023.
Charges
A charge with Others of Rs. 2.00 Cr registered on 24 Feb 2022 with Charge ID 100581131 was modified on 07 Nov 2022.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100581131 was registered on 24 Feb 2022.
10 earlier events are in the company report.
Frequently asked questions
Glowmore Finance is an active private limited company based in Berhampur Sadar, Odisha, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 03 January 1997 (29+ years old) and is registered under CIN U65993OR1997PTC027920.
Glowmore Finance has 3 current directors:
- Abhimanyu Sahu - Managing Director
- Jayanti Sahu - Director
- Krushna Sahu - Director
The latest financial statements of Glowmore Finance on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Glowmore Finance is 21AAACG6384N1ZE, registered in Odisha.
The CIN (Corporate Identification Number) of Glowmore Finance is U65993OR1997PTC027920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glowmore Finance was incorporated on 03 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Glowmore Finance by revenue are Shruti Finsec Private Limited, BKP Commercial India Pvt Ltd, Kamlesh Trade & Agency Private Limited, TSB Finance Private Limited, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Narendra Nayak ceased to be Director on 28 Oct 2025. Narendra Nayak was appointed as Director on 01 Oct 2024. Prasanta Kumar Satapathy ceased to be Director on 09 Oct 2023. Glowmore Finance has 11 board changes on record in total.
Yes, Glowmore Finance is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-11-0010579).
Glowmore Finance can be reached through the website glowmorefinance.com. Its registered office is in Berhampur Sadar, Odisha, India.
The registered office of Glowmore Finance is at Govind Bihar 6th Lane Extn.3 Lochapada Road, Berhampur Sadar, Odisha, India – 760001.