Glide Chem Private Limited

Manufacturer and exporter of specialty chemicals, pharma excipients, and rapid diagnostic kits.

1998 | New Delhi, Delhi (India) | Active
Last Updated: July 26, 2024

Glide Chem Profile

Key Indicators

  • Authorised Capital ₹ 5.64 Cr
  • Paid Up Capital ₹ 4.83 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.63 Cr
  • Satisfied Charges ₹ 41.90 Cr
  • Revenue Growth 18.92%
  • Profit Growth -434.18%
  • Ebitda -265.66%
  • Net Worth -43.65%
  • Total Assets 6.73%

About Glide Chem

Glide Chem Private Limited (GCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 1998 and has a history of 26 years and eight months. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.64 Cr and a paid-up capital of Rs 4.83 Cr.

The company currently has active open charges totaling ₹27.63 Cr. The company has closed loans amounting to ₹41.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajitpal Malhotra, Manmit Malhotra, and Lakhvinder Singh serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24211DL1998PTC094129

  • Company No.

    094129

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 May 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Chemicals and Materials

What products or services does Glide Chem Private Limited offer?

Glide Chem Private Limited offers a wide range of products and services, including Hand Sanitizers & Personal Hygiene, Antiseptic Liquid & Cream.

Who are the key members and board of directors at Glide Chem?

Board Members (3)

Name Designation Appointment Date Status
Ajitpal Malhotra Country flag representing In Additional Director 30-Jun-2022 Current
Manmit Malhotra Country flag representing In Additional Director 28-Dec-2017 Current
Lakhvinder Singh Country flag representing Ca Additional Director 28-Dec-2017 Current

Financial Performance of Glide Chem.

Glide Chem Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.92% increase. The company also saw a substantial fall in profitability, with a 434.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.65%.

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
18.92%
Revenue from Operations
18.53%
Total Assets
6.73%
Profit or Loss
-434.18%
Net Worth
-43.65%
EBITDA
-265.66%

What is the Ownership and Shareholding Structure of Glide Chem?

In 2023, Glide Chem had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.63 Cr

Satisfied Charges

₹41.90 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 27.63 Cr

Latest Charge Details

Date Lender Amount Status
11 Feb 2019 Hdfc Bank Limited ₹27.63 Cr Open
01 Sep 2017 Others ₹9.50 Cr Satisfied
23 Sep 2014 The Hongkong And Shanghai Banking Corporation Limited ₹4.50 M Satisfied
02 May 2014 The Hongkong And Shanghai Banking Corporation Limited ₹11.60 Cr Satisfied
18 Feb 2011 Central Bank Of India ₹7.60 M Satisfied

How Many Employees Work at Glide Chem?

Glide Chem has a workforce of 81 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 Glide Chem, 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 Glide Chem'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 Glide Chem

Recent activity within the organization

  • Annual General Meeting

    Glide Chem Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Glide Chem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Ajitpal Singh Malhotra was appointed as a Additional Director was appointed as a Additional Director on 30 Jun 2022 & has been associated with this company since 2 years 7 months .

    30 Jun 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 27.63 Cr registered on 11 Feb 2019 with Charge ID 100240779 was modified on 09 Mar 2022.

    09 Mar 2022

  • Charges

    A charge registered on 01 Sep 2017 via Charge ID 100129353 with Others was fully satisfied on 11 Mar 2019.

    11 Mar 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 27.63 Cr with Charge ID 100240779 was registered on 11 Feb 2019.

    11 Feb 2019

Frequently asked questions

  • Glide Chem Private Limited was incorporated on 28 May 1998.

  • The authorized share capital of Glide Chem Private Limited is ₹ 5.64 Cr and paid-up capital is ₹ 4.83 Cr.

  • Currently 3 directors are associated with Glide Chem Private Limited.

    • Ajitpal Singh Malhotra
    • Manmit Singh Malhotra
    • Lakhvinder Pal Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glide Chem Private Limited is S-39 Ist Floorjanta Market Rajouri Garden, New Delhi, India, 110027.

  • The corporate identification number (CIN) of Glide Chem Private Limited is U24211DL1998PTC094129 and the company number is 094129 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glide Chem Private Limited is https://www.glidechem.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glide Chem Private Limited has risen by 18.92%.

  • As Per 2023 financial reports, 81 employees are currently employed by Glide Chem Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glide Chem Private Limited has experienced an downturn of -43.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Glide Chem Private Limited amount to ₹ 27.63 Cr.

  • The most recent Balance Sheet for Glide Chem Private Limited was filed with the ROC on 31 Mar 2023.

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