About Gluhend India Private Limited
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Gluhend India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Delos Sage Holdco Cooperatief U.A. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 22 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH2017FTC303216. Its GSTIN is 27AAHCG1238N1ZC (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹645 Cr and a paid-up capital of ₹359.94 Cr. It is led by directors including Madhur Aneja (Managing Director) and Sandeep Kumar Chotia.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 23 Floor – 2 Plot – 59/61 Arsiwala Mansion Nathalal Parikh Marg Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹722.92 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹101.78 Cr (net margin -14.1%) and EBITDA of ₹29.94 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹747.05 Cr and satisfied charges of ₹40 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 1 case is pending. The company has 11 deals on record (7 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹668.3 Cr; the latest was in September 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sagemetals.com.
Company details
Contact details
Gluhend India Private Limited's registered office is in Mumbai, Maharashtra. Its website is sagemetals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address23 Floor – 2 Plot – 59/61 Arsiwala Mansion Nathalal Parikh Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Gluhend India 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 Gluhend India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Gluhend India Private Limited, buy the company report.
Financials of Gluhend India Private Limited
FY 2025 filings availableGluhend India Private Limited reported revenue of ₹722.92 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 1% growth in the latest year. EBITDA fell 35% 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 | ₹29.94 Cr | ||||
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| Net Profit (PAT) | -₹101.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | -14.1% | ||||
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To see the full financial statements and ratios of Gluhend India Private Limited, buy the company report.
Board of directors of Gluhend India Private Limited
Gluhend India has 7 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitish Nirbhaya Agarwal | Nominee Director | 17 Aug 2023 | 3 Years 2 Months | Current |
| Ravi Singhvi | Nominee Director | 28 Jul 2022 | 4 Years 2 Months | Current |
| Sanchit Jain | Alternate Director | 19 Dec 2023 | 2 Years 10 Months | Current |
| Madhur Aneja | Managing Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Sandeep Kumar Chotia | Director | 02 May 2022 | 4 Years 5 Months | Current |
| Bernard Allan Katz | Director | 29 Aug 2024 | 2 Years 1 Months | Current |
Auditor
Gluhend India Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2022 | 117366W/W100018 |
Shareholding
The shareholding of Gluhend India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gluhend India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2024 | 100868531 | Others | ₹5 Lakh | Open | |
| 27 Sep 2019 | 100299852 | Others | ₹112 Cr | Open | |
| 29 Nov 2018 | 100222499 | Others | ₹317.5 Cr | Open | |
| 11 Mar 2018 | 100163153 | Others | ₹317.5 Cr | Open | |
| 21 Dec 2018 | 100227466 | Others | ₹40 Cr | Satisfied |
To see the full charge records of Gluhend India Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Gluhend India Private Limited has 11 deals on record (7 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹668.3 Cr; the latest was in September 2022.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Rights issue | ₹98.28 Cr | Investors: Sage Metals Us Holdco Llc |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Sage Metals Us Holdco Llc Seller: Fortress Metals LLC, Delos Capital, an individual |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Delos Capital Seller: Ar2 Global |
| Oct 2020 | Funding round · Series A | ₹64.75 Cr | Investors: Delos Capital |
| Nov 2019 | Funding round | ₹53.51 Cr | Investors: an individual |
To see the full deal history of Gluhend India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gluhend India Private Limited has 9 court cases on record: 1 filed by Gluhend India, 8 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against an individual | Pending |
| District court, Rewari, Haryana | Court case (SUMM) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by an individual | Disposed |
| District court, Faridabad, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Disposed |
| District court, Faridabad, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Disposed |
To see the full case history of Gluhend India Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Gluhend India Private Limited was last rated by Crisil on 02 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Jul 2021 |
To see the full credit ratings and regulatory alerts of Gluhend India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gluhend India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gluhend India has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG1238N1ZC | Maharashtra | Active | 12 Feb 2018 |
| 06AAHCG1238N1ZG | Haryana | Active | 24 Apr 2018 |
| 09AAHCG1238N1ZA | Uttar Pradesh | Active | 25 Apr 2018 |
| 07AAHCG1238N1ZE | Delhi | Active | 01 Jul 2019 |
To see the full GST registrations and return filing status of Gluhend India Private Limited, buy the company report.
Recent activity
Gluhend India Private Limited has 27 board changes on record since 2018: 7 appointments and 20 cessations. The latest: Sanjeev Nanda ceased to be Additional Director on 01 Sep 2025.
26 earlier events are in the company report.
Frequently asked questions
Gluhend India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 22 December 2017 (9+ years old) and is registered under CIN U74994MH2017FTC303216.
Gluhend India has 7 current directors:
- Madhur Aneja - Managing Director
- Nitish Nirbhaya Agarwal - Nominee Director
- Ravi Singhvi - Nominee Director
- Sanchit Jain - Alternate Director
- Sandeep Kumar Chotia - Director
- Bernard Allan Katz - Director
- Sanjeev Nanda - Director
The latest financial statements of Gluhend India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Gluhend India is 27AAHCG1238N1ZC, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 06AAHCG1238N1ZG (Haryana), 09AAHCG1238N1ZA (Uttar Pradesh), 07AAHCG1238N1ZE (Delhi).
The CIN (Corporate Identification Number) of Gluhend India is U74994MH2017FTC303216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gluhend India has 9 court cases on record: 1 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Gluhend India was incorporated on 22 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Gluhend India has 11 deals on record (7 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹668.3 Cr; the latest was in September 2022.
Sanjeev Nanda ceased to be Additional Director on 01 Sep 2025. Sanjeev Nanda was appointed as Director on 04 Jun 2025. Santosh Kumar ceased to be Additional Director on 29 Dec 2024. Gluhend India has 27 board changes on record in total.
Gluhend India can be reached through the website sagemetals.com. Its registered office is in Mumbai, Maharashtra, India.