Glochem Industries Private Limited

This company manufactures APIs, drug intermediaries, and fine chemicals for global and local pharma players.

1995 | Rangareddy, Telangana (India) | Merged
Last Updated: January 16, 2025

Glochem Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 1.97 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 93.08 Cr
  • Revenue Growth -99.42%
  • Profit Growth -209.72%
  • Ebitda -173.67%
  • Net Worth -35.28%
  • Total Assets -52.56%

About Glochem Industries

Glochem Industries Private Limited (GIPL) is Amalgamated company established on 20 Nov 1995 with its office registered at Rangareddy, Telangana, India and has been running since 29 Year, 3 Months with a paid up capital of 1.97 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    glochemindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24110TG1995PTC022303

  • Company No.

    022303

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1995

  • Date of AGM

    08 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Pharma

What products or services does Glochem Industries Private Limited offer?

Glochem Industries Private Limited offers a wide range of products and services, including Organic and Inorganic Solvents, Alcohol Solvents, Pharma Ingredients & Raw Materials, Blood System and Cardiovascular API, Antiallergic API, Cardiovascular Drugs & Medication, Anticoagulant and Antiplatelet Drugs.

Who are the key members and board of directors at Glochem Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Subbarao Kattamuri Country flag representing In Managing Director01-Jul-2011Current

Board Members (2)

NameDesignationAppointment DateStatus
Vikram Mamidipudi Country flag representing In Director 24-Mar-1999Current
Hazarath Shaik Country flag representing In Whole-Time Director 01-Jul-2011Current

Financial Performance of Glochem Industries.

Glochem Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.42% decrease. The company also saw a substantial fall in profitability, with a 209.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 35.28%.

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
-99.42%
Revenue from Operations
Total Assets
-52.56%
Profit or Loss
-209.72%
Net Worth
-35.28%
EBITDA
-173.67%

What is the Ownership and Shareholding Structure of Glochem Industries?

In 2023, Glochem Industries had a promoter holding of 96.31% and a public holding of 3.69%. The company had 5 Subsidiaries. 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

₹93.08 Cr

Charges Breakdown by Lending Institutions

  • Glochem Industries Limited : 32.69 Cr
  • Axis Bank Limited : 30.05 Cr
  • Punjab National Bank (On Behalf Of Pnb Consortium Where Pnb & Axis Bank Ltd Are Members) : 24.38 Cr
  • Punjab National Bank : 3.36 Cr
  • Uti Bank Limited : 1.35 Cr
  • Others : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jun 2015Glochem Industries Limited₹32.69 CrSatisfied
23 Mar 2015Punjab National Bank₹1.30 CrSatisfied
13 Dec 2012Punjab National Bank₹1.30 CrSatisfied
30 Apr 2012Punjab National Bank (On Behalf Of Pnb Consortium Where Pnb & Axis Bank Ltd Are Members)₹24.38 CrSatisfied
03 Jan 2007Axis Bank Limited₹4.75 CrSatisfied

How Many Employees Work at Glochem Industries?

Glochem Industries has a workforce of 195 employees as of Mar 30, 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 Glochem Industries, 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 Glochem Industries'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 Glochem Industries

Recent activity within the organization

  • Annual General Meeting

    Glochem Industries Private Limited last Annual general meeting of members was held on 08 Aug 2023 as per latest MCA records.

    08 Aug 2023

  • Balance Sheet

    Glochem Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 16 Jun 2015 via Charge ID 10597201 with Glochem Industries Limited was fully satisfied on 10 Nov 2021.

    10 Nov 2021

  • Charges

    A charge registered on 23 Mar 2015 via Charge ID 10563352 with Punjab National Bank was fully satisfied on 19 May 2017.

    19 May 2017

  • Charges

    A charge registered on 30 Apr 2012 via Charge ID 10357060 with Punjab National Bank (On Behalf Of Pnb Consortium Where Pnb & Axis Bank Ltd Are Members) was fully satisfied on 19 May 2017.

    19 May 2017

  • Charges

    A charge with Glochem Industries Limited amounted to Rs. 32.69 Cr with Charge ID 10597201 was registered on 16 Jun 2015.

    16 Jun 2015

Frequently asked questions

  • Glochem Industries Private Limited was incorporated on 20 Nov 1995.

  • The authorized share capital of Glochem Industries Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 1.97 Cr.

  • Currently 3 directors are associated with Glochem Industries Private Limited.

    • Vikram Ravindra Mamidipudi
    • Subbarao Kattamuri
    • Hazarath Basha Shaik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glochem Industries Private Limited is G.V. Chambers 7-2-C8 C8/2, Ida Sanatnagar India, Hyderabad, Telangana, 500018.

  • The corporate identification number (CIN) of Glochem Industries Private Limited is U24110TG1995PTC022303 and the company number is 022303 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glochem Industries Private Limited is https://www.glochemindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glochem Industries Private Limited has fallen by -99.42%.

  • As Per 2023 financial reports, 195 employees are currently employed by Glochem Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glochem Industries Private Limited has experienced an downturn of -35.28%.

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

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