DPIIT recognised startup Government of India
Startup India
Glowrays Energy India Private Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹23.55 Lakh
▲ 101% YoY
Net loss · FY 2020
₹34,789
Net margin -1.5%
EBITDA · FY 2020
-₹15,232
EBITDA margin -0.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Glowrays Energy India Private Limited
Data last updated:
Glowrays Energy India Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PTC174081. Its GSTIN is 27AAHCG1332K1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sharda Sadashiv Benake and Prashant Kantaram Borate.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Flat No.102 Sai Krupa S.No. 77/2 Near Anandi Garden Solapur Road Manjari, Pune, Maharashtra, India – 412307.
As per the financials filed for FY 2020, the company reported a revenue of ₹23.55 Lakh, a growth of 101% compared to the previous year. For the same year it recorded a net loss of ₹34,789 (net margin -1.5%) and EBITDA of -₹15,232 (EBITDA margin -0.6%).
Glowrays Energy India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0180483). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glowrays.com.
Company details
CIN U74999PN2017PTC174081
Registration Number 174081
Incorporation Date 29 December 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0180483
Recognitions & Rankings of Glowrays Energy India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-26-0180483
Contact details
Glowrays Energy India Private Limited's registered office is in Pune, Maharashtra. Its website is glowrays.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No.102 Sai Krupa S.No. 77/2 Near Anandi Garden Solapur Road Manjari, Pune, Maharashtra, India – 412307
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Glowrays Energy India Private Limited, buy the company report.
Comprehensive company report
Glowrays Energy India 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
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Financials of Glowrays Energy India Private Limited
FY 2021 filings availableGlowrays Energy India Private Limited reported revenue of ₹23.55 Lakh (up 101% YoY) for FY 2020.
Revenue · FY 2020
₹23.55 Lakh ▲ 101%
Net loss · FY 2020
₹34,789 margin -1.5%
EBITDA · FY 2020
-₹15,232 margin -0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 101%
Revenue rose 101% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹23.55 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹15,232 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹34,789 | ||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.6% | ||
| Net Profit Margin | -1.5% | ||
| 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 | |||
To see the full financial statements and ratios of Glowrays Energy India Private Limited, buy the company report.
Board of directors of Glowrays Energy India Private Limited
Glowrays Energy India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharda Sadashiv Benake | Director | 29 Dec 2017 | 8 Years 10 Months | Current |
| Prashant Kantaram Borate | Director | 29 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Glowrays Energy India Private Limited is audited by A T MEHER AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A T MEHER AND ASSOCIATES | FY 2019 | 132816W |
Shareholding
The shareholding of Glowrays Energy India Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Glowrays Energy India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glowrays Energy India 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 Glowrays Energy India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glowrays Energy India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG1332K1ZN | Maharashtra | Active | 13 Mar 2018 |
To see the full GST registrations and return filing status of Glowrays Energy India Private Limited, buy the company report.
Recent activity
Glowrays Energy India Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Prashant Kantaram Borate was appointed as Director on 29 Dec 2017.
AGM
Glowrays Energy India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Glowrays Energy India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Pune.
Appointed
Prashant Kantaram Borate was appointed as Director.
Appointed
Sharda Sadashiv Benake was appointed as Director.
Incorporation
29 Dec 2017
Glowrays Energy India Private Limited was registered on 29 Dec 2017 with Roc Pune & aged 8 years 10 months as per MCA records.
Frequently asked questions
Glowrays Energy India is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 December 2017 (9+ years old) and is registered under CIN U74999PN2017PTC174081.
Glowrays Energy India has 2 current directors:
- Sharda Sadashiv Benake - Director
- Prashant Kantaram Borate - Director
The latest financial statements of Glowrays Energy India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Glowrays Energy India is 27AAHCG1332K1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Glowrays Energy India is U74999PN2017PTC174081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glowrays Energy India was incorporated on 29 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Prashant Kantaram Borate was appointed as Director on 29 Dec 2017. Sharda Sadashiv Benake was appointed as Director on 29 Dec 2017.
Yes, Glowrays Energy India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Glowrays Energy India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0180483).
Glowrays Energy India can be reached through the website glowrays.com. Its registered office is in Pune, Maharashtra, India.
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