Glossy Paints (India) Private Limited

Produces a wide range of paints for various surfaces and purposes.

1985 | Delhi (India) | Active
Last Updated: November 16, 2024

Glossy Paints (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.40 Cr
  • Satisfied Charges ₹ 4.72 Cr
  • Revenue Growth 39.67%
  • Profit Growth 1389.80%
  • Ebitda 78.67%
  • Net Worth 6.94%
  • Total Assets 8.94%

About Glossy Paints (India)

Glossy Paints (India) Private Limited (GPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 March 1985 and has a history of 39 years and ten months. Its registered office is in Delhi, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹7.40 Cr. The company has closed loans amounting to ₹4.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kusum Sachdev, Rhea Sachdev, and Rajesh Sachdev serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1985PTC020405

  • Company No.

    020405

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

Who are the key members and board of directors at Glossy Paints (India)?

Board Members (3)

Name Designation Appointment Date Status
Rhea Sachdev Country flag representing In Director 14-Jun-2021 Current
Kusum Sachdev Country flag representing In Director 12-Mar-1985 Current
Rajesh Sachdev Country flag representing In Director 01-Mar-1990 Current

Financial Performance of Glossy Paints (India).

Glossy Paints (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.67% increase. The company also saw a substantial improvement in profitability, with a 1389.8% increase in profit. The company's net worth moved up by a moderate rise of 6.94%.

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
39.67%
Revenue from Operations
39.89%
Total Assets
8.94%
Profit or Loss
1389.80%
Net Worth
6.94%
EBITDA
78.67%

What is the Ownership and Shareholding Structure of Glossy Paints (India)?

In 2022, Glossy Paints (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹73.96 M

Satisfied Charges

₹47.20 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.90 Cr
  • Others : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
28 Jul 2023 Others ₹4.96 M Open
19 Dec 2018 Hdfc Bank Limited ₹4.40 Cr Open
29 May 2018 Hdfc Bank Limited ₹2.50 Cr Open
02 Apr 2014 State Bank Of Patiala ₹5.00 M Satisfied
02 Apr 2014 State Bank Of Patiala ₹1.80 Cr Satisfied

How Many Employees Work at Glossy Paints (India)?

Glossy Paints (India) has a workforce of 11 employees as of Apr 05, 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 Glossy Paints (India), 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 Glossy Paints (India)'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 Glossy Paints (India)

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 44.00 M registered on 19 Dec 2018 with Charge ID 100244653 was modified on 16 Nov 2023.

    16 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 M registered on 29 May 2018 with Charge ID 100202485 was modified on 16 Nov 2023.

    16 Nov 2023

  • Annual General Meeting

    Glossy Paints (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 4.96 M with Charge ID 100765198 was registered on 28 Jul 2023.

    28 Jul 2023

  • Balance Sheet

    Glossy Paints (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Rhea Sachdev was appointed as a Director was appointed as a Director on 14 Jun 2021 & has been associated with this company since 3 years 7 months .

    14 Jun 2021

Frequently asked questions

  • Glossy Paints (India) Private Limited was incorporated on 12 Mar 1985.

  • The authorized share capital of Glossy Paints (India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Glossy Paints (India) Private Limited.

    • Kusum Sachdev
    • Rhea Sachdev
    • Rajesh Sachdev
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glossy Paints (India) Private Limited is 6496 Fatehpuri, India, Delhi, 110006.

  • The corporate identification number (CIN) of Glossy Paints (India) Private Limited is U74899DL1985PTC020405 and the company number is 020405 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glossy Paints (India) Private Limited is https://www.glossypaints.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glossy Paints (India) Private Limited has risen by 39.67%.

  • As Per 2023 financial reports, 11 employees are currently employed by Glossy Paints (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glossy Paints (India) Private Limited has experienced an upsurge of 6.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Glossy Paints (India) Private Limited amount to ₹ 7.40 Cr.

  • The most recent Balance Sheet for Glossy Paints (India) Private Limited was filed with the ROC on 31 Mar 2023.