Glocom Retail Private Limited: Company Profile
Background
Company Overview
Glocom Retail Private Limited is a privately held company established on November 19, 2015, in Chennai, Tamil Nadu, India. The company specializes in the retail and distribution of footwear, operating within the trade sector. It is registered under the Corporate Identification Number (CIN) U52300TN2015PTC103019 and is unlisted. The authorized capital is ₹1,000,000, with a paid-up capital of ₹500,000.
Mission and Vision
Glocom Retail aims to become a leading supplier of footwear in India, focusing on quality products and customer satisfaction. The company is committed to building and developing its operations with an emphasis on these core values.
Key Strategic Focus
Core Objectives
Glocom Retail's primary objective is to establish a strong presence in the Indian footwear market by offering high-quality products and exceptional customer service.
Areas of Specialization
The company specializes in the retail and distribution of footwear, catering to a diverse customer base across India.
Key Technologies Utilized
While specific technologies are not detailed, Glocom Retail emphasizes the importance of quality management systems, likely incorporating modern retail technologies to enhance operations.
Primary Markets Targeted
The company primarily targets the Indian market, focusing on urban and semi-urban areas with a growing demand for quality footwear.
Financials and Funding
Funding History
As a privately held company, Glocom Retail has not publicly disclosed detailed funding history or external investments.
Financial Performance
For the financial year ending March 31, 2021, Glocom Retail reported no change in revenue, indicating a 0% increase. However, the company experienced a significant decline in profitability, with a 706.6% decrease in profit. Additionally, the net worth observed a substantial decline of 802.68%.
Pipeline Development
Product Development
Specific details regarding new product developments or pipeline initiatives are not publicly available.
Market Expansion
The company is likely exploring opportunities to expand its market reach within India, focusing on increasing its footprint in existing and new regions.
Technological Platform and Innovation
Proprietary Technologies
While specific proprietary technologies are not disclosed, Glocom Retail emphasizes the importance of quality management systems, suggesting the use of modern retail technologies to enhance operations.
Scientific Methods and AI Capabilities
There is no publicly available information regarding the use of scientific methods or AI-driven capabilities within the company's operations.
Leadership Team
Executive Profiles
- Eswaran Shobanapriya: Director since August 22, 2022.
- Eswaran Yuvaraj: Director since August 22, 2022.
Professional Backgrounds
Detailed professional backgrounds of the directors are not publicly available.
Key Contributions
Specific contributions or roles within the company are not publicly detailed.
Competitor Profile
Market Insights and Dynamics
The Indian footwear retail market is characterized by a large number of players, ranging from local artisans to multinational brands. The market is growing, driven by increasing disposable incomes and changing fashion trends.
Competitor Analysis
Key competitors include established footwear brands and retailers operating in India. These competitors offer a wide range of products and have established brand recognition.
Strategic Collaborations and Partnerships
Collaborations
There is no publicly available information regarding significant collaborations or partnerships that Glocom Retail has engaged in.
Operational Insights
Strategic Considerations
Glocom Retail operates in a competitive market with numerous established players. To strengthen its market position, the company may consider focusing on product differentiation, enhancing customer experience, and expanding its distribution network.
Strategic Opportunities and Future Directions
Expansion Plans
The company is likely exploring opportunities to expand its market reach within India, focusing on increasing its footprint in existing and new regions.
Future Objectives
Glocom Retail aims to establish itself as a leading supplier of footwear in India, emphasizing quality products and customer satisfaction.
Contact Information
Website
The company operates the website fashionat10.com, which is likely associated with its retail operations.
Social Media
Specific social media profiles are not publicly available.
Headquarters Location
F1, First Floor, Plot No.12, Ramalingam Street Sekaran Nagar, Perumbakkam, Chennai, Tamil Nadu, 600100, India.
