Glass Lined Equipment Co Ltd

Founded in 1962 and headquartered in Gujarat, India.

1962 | Anand, Gujarat (India) | Active
Last Updated: December 30, 2024

Glass Lined Equipment Co Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.96 M
  • Company Age 62 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth -5.91%
  • Profit Growth 39.16%
  • Ebitda 33.92%
  • Net Worth -13.42%
  • Total Assets -11.87%

About Glass Lined Equipment Co

Glass Lined Equipment Co Ltd (GLECL) was founded in India on 06 March 1962 and has a glorious history of 62 years and 11 months.Its registered office is in Anand, Gujarat, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 0.96 M.

The company has closed loans amounting to ₹4.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chandulal Makadia, Sudhir Dave, and Ashwin Patel serve as directors at the Company.

Company Details

  • Location

    Anand, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ1962PLC002023

  • Company No.

    002023

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 1962

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Glass Lined Equipment Co?

Board Members (3)

NameDesignationAppointment DateStatus
Chandulal Makadia Country flag representing In Director 20-Mar-2018Current
Sudhir Dave Country flag representing In Director 28-Mar-2024Current
Ashwin Patel Country flag representing In Director 25-Jan-2024Current

Financial Performance of Glass Lined Equipment Co.

Glass Lined Equipment Co Ltd, for the financial year ended 2020, experienced Minor drop in revenue, with a 5.91% decrease. The company also saw a substantial improvement in profitability, with a 39.16% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.42%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-5.91%
Revenue from Operations
Total Assets
-11.87%
Profit or Loss
39.16%
Net Worth
-13.42%
EBITDA
33.92%

What is the Ownership and Shareholding Structure of Glass Lined Equipment Co?

In 2020, Glass Lined Equipment Co had a promoter holding of 72.61% and a public holding of 27.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4.50 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
14 Aug 1987State Bank Of India₹3.00 MSatisfied
05 Jan 1983State Bank Of India₹1.50 MSatisfied

How Many Employees Work at Glass Lined Equipment Co?

Unlock and access historical data on people associated with Glass Lined Equipment Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Glass Lined Equipment Co, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Glass Lined Equipment Co's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Glass Lined Equipment Co

Recent activity within the organization

  • Annual General Meeting

    Glass Lined Equipment Co Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Glass Lined Equipment Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Sudhir Dave was appointed as a Director was appointed as a Director on 28 Mar 2024 & has been associated with this company since 10 months 28 days .

    28 Mar 2024

  • Director Appointment

    Ashwin Manubhai Patel was appointed as a Director was appointed as a Director on 25 Jan 2024 & has been associated with this company since 1 year 30 days .

    25 Jan 2024

  • Director Appointment

    Chandulal Mohanbhai Makadia was appointed as a Director was appointed as a Director on 20 Mar 2018 & has been associated with this company since 6 years 11 months .

    20 Mar 2018

  • Charges

    A charge registered on 14 Aug 1987 via Charge ID 80063068 with State Bank Of India was fully satisfied on 15 Apr 2011.

    15 Apr 2011

Frequently asked questions

  • Glass Lined Equipment Co Ltd was incorporated on 06 Mar 1962.

  • The authorized share capital of Glass Lined Equipment Co Ltd is ₹ 5.00 M and paid-up capital is ₹ 0.96 M.

  • Currently 3 directors are associated with Glass Lined Equipment Co Ltd.

    • Chandulal Mohanbhai Makadia
    • Sudhir Dave
    • Ashwin Manubhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glass Lined Equipment Co Ltd is Factory Premises Umreth, Dist-Anand India, Ahmedabad, Gujarat, 388220.

  • The corporate identification number (CIN) of Glass Lined Equipment Co Ltd is U25200GJ1962PLC002023 and the company number is 002023 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Glass Lined Equipment Co Ltd has fallen by -5.91%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Glass Lined Equipment Co Ltd has experienced an downturn of -13.42%.

  • The most recent Balance Sheet for Glass Lined Equipment Co Ltd was filed with the ROC on 31 Mar 2024.

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