Glaze Paints Limited

Produces paints, primers, and PVC pipes with manufacturing units in Rajasthan and Uttaranchal.

2000 | Road Patna-800001., Bihar (India) | Active
Last Updated: November 16, 2024

Glaze Paints Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.48 M
  • Company Age 24 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.45 Cr
  • Satisfied Charges ₹ 7.00 M
  • Revenue Growth 15.70%
  • Profit Growth 178.74%
  • Ebitda 117.52%
  • Net Worth 4.14%
  • Total Assets 4.13%

About Glaze Paints

Glaze Paints Limited (GPL) is a Public Limited Indian Non-Government Company incorporated in India on 03 May 2000 and has a history of 24 years and nine months. Its registered office is in Road, Patna-800001., Bihar.

The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 3.48 M.

The company currently has active open charges totaling ₹2.45 Cr. The company has closed loans amounting to ₹7.00 M, as per Ministry of Corporate Affairs (MCA) records.

Nishant Krishna, Nitin Krishna, and Malti Gupta serve as directors at the Company.

Company Details

  • Location Road, Patna-800001., Bihar
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00327BR2000PLC009285

  • Company No.

    009285

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 May 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Manufacturing

Who are the key members and board of directors at Glaze Paints?

Executive Team (1)

Name Designation Appointment Date Status
Nishant Krishna Country flag representing In Managing Director 03-May-2000 Current

Board Members (2)

Name Designation Appointment Date Status
Nitin Krishna Country flag representing In Director 25-Aug-2003 Current
Malti Gupta Country flag representing In Director 03-May-2000 Current

Financial Performance of Glaze Paints.

Glaze Paints Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.7% increase. The company also saw a substantial improvement in profitability, with a 178.74% increase in profit. The company's net worth moved up by a moderate rise of 4.14%.

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
15.70%
Revenue from Operations
14.09%
Total Assets
4.13%
Profit or Loss
178.74%
Net Worth
4.14%
EBITDA
117.52%

What is the Ownership and Shareholding Structure of Glaze Paints?

In 2023, Glaze Paints had a promoter holding of 81.29% and a public holding of 18.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.45 Cr

Satisfied Charges

₹0.70 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 1.10 Cr
  • Hdfc Bank Limited : 0.70 Cr
  • Indian Overseas Bank : 0.50 Cr
  • Rajasthan Financial Corporation : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2012 Vijaya Bank ₹3.50 M Open
26 Dec 2005 Vijaya Bank ₹7.50 M Open
24 Dec 2005 Rajasthan Financial Corporation ₹1.50 M Open
27 Jul 2005 Hdfc Bank Limited ₹7.00 M Open
26 Aug 2004 Indian Overseas Bank ₹5.00 M Open

How Many Employees Work at Glaze Paints?

Glaze Paints has a workforce of 0 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Glaze Paints, 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 Glaze Paints'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 Glaze Paints

Recent activity within the organization

  • Annual General Meeting

    Glaze Paints Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Glaze Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Patna.

    31 Mar 2024

  • Charges

    A charge registered on 27 Jul 2005 via Charge ID 90263415 with Hdfc Bank Limited was fully satisfied on 10 Sep 2014.

    10 Sep 2014

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.35 Cr with Charge ID 10352600 was registered on 31 Mar 2012.

    31 Mar 2012

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.75 Cr with Charge ID 90264093 was registered on 26 Dec 2005.

    26 Dec 2005

  • Charges

    A charge with Rajasthan Financial Corporation amounted to Rs. 0.15 Cr with Charge ID 90264472 was registered on 24 Dec 2005.

    24 Dec 2005

Frequently asked questions

  • Glaze Paints Limited was incorporated on 03 May 2000.

  • The authorized share capital of Glaze Paints Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.48 M.

  • Currently 3 directors are associated with Glaze Paints Limited.

    • Nishant Krishna
    • Nitin Krishna
    • Malti Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glaze Paints Limited is 92 Ashoka Place Exhibition Road, India, Road Patna-800001., Bihar.

  • The corporate identification number (CIN) of Glaze Paints Limited is U00327BR2000PLC009285 and the company number is 009285 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glaze Paints Limited has risen by 15.70%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glaze Paints Limited has experienced an upsurge of 4.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Glaze Paints Limited amount to ₹ 2.45 Cr.

  • The most recent Balance Sheet for Glaze Paints Limited was filed with the ROC on 31 Mar 2024.

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