Glow Paints Private Limited

Manufactures paints since 1995 with registered office in Goa.

1995 | Goa, Goa (India) | Active
Last Updated: December 27, 2024

Glow Paints Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.80 M
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 1.60 Cr
  • Satisfied Charges ₹ 1.20 M
  • Revenue Growth -13.42%
  • Profit Growth 39.63%
  • Ebitda 33.88%
  • Net Worth -8.11%
  • Total Assets 3.65%

About Glow Paints

Glow Paints Private Limited (GPPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 February 1995 and has a history of 29 years and 11 months. Its registered office is in Goa, Goa, 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 2022. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.80 M.

The company currently has active open charges totaling ₹1.60 Cr. The company has closed loans amounting to ₹1.20 M, as per Ministry of Corporate Affairs (MCA) records.

Balkrishna Shirsat, Vipinkumar Shirsat, and Nilima Shirsat serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24222GA1995PTC001786

  • Company No.

    001786

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 1995

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Balkrishna Shirsat Country flag representing In Director 28-Feb-1995Current
Vipinkumar Shirsat Country flag representing In Director 28-Feb-1995Current
Nilima Shirsat Country flag representing In Director 28-Feb-1995Current

Financial Performance of Glow Paints.

Glow Paints Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.42% decrease. The company also saw a substantial improvement in profitability, with a 39.63% increase in profit. The company's net worth dipped by a decrease of 8.11%.

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
-13.42%
Revenue from Operations
-23.99%
Total Assets
3.65%
Profit or Loss
39.63%
Net Worth
-8.11%
EBITDA
33.88%

What is the Ownership and Shareholding Structure of Glow Paints?

In 2022, Glow Paints 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

₹15.99 M

Satisfied Charges

₹1.20 M

Charges Breakdown by Lending Institutions

  • Goa Urban Co-Op. Bank Ltd. : 0.81 Cr
  • Canara Bank : 0.40 Cr
  • The Goa Urban Co-Operative Bank Ltd : 0.12 Cr
  • The Goa Urban Co-Operative Bank Limited : 0.10 Cr
  • The Goa Urban Cooperative Bank Limited : 0.10 Cr
  • Others : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2019Canara Bank₹4.01 MOpen
01 Jul 2008The Goa Urban Co-Operative Bank Limited₹1.00 MOpen
19 Sep 2007The Goa Urban Cooperative Bank Limited₹0.95 MOpen
06 Jul 2007The Goa Urban Co-Operative Bank Ltd₹0.20 MOpen
28 Apr 2007The Goa Urban Co-Operative Bank Ltd.₹0.42 MOpen

How Many Employees Work at Glow Paints?

Unlock and access historical data on people associated with Glow Paints, 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 Glow 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 Glow 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 Glow Paints

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 4.01 M registered on 31 Dec 2019 with Charge ID 100320227 was modified on 31 May 2023.

    31 May 2023

  • Annual General Meeting

    Glow Paints Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Glow Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Goa.

    31 Mar 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 4.01 M with Charge ID 100320227 was registered on 31 Dec 2019.

    31 Dec 2019

  • Charges

    A charge with The Goa Urban Co-Operative Bank Limited amounted to Rs. 1.00 M with Charge ID 10112192 was registered on 01 Jul 2008.

    01 Jul 2008

  • Charges

    A charge registered on 18 Jun 2007 via Charge ID 10058920 with The Goa Urban Co-Operative Bank Limited was fully satisfied on 31 Mar 2008.

    31 Mar 2008

Frequently asked questions

  • Glow Paints Private Limited was incorporated on 28 Feb 1995.

  • The authorized share capital of Glow Paints Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.80 M.

  • Currently 3 directors are associated with Glow Paints Private Limited.

    • Balkrishna Sadanand Shirsat
    • Vipinkumar Sadanand Shirsat
    • Nilima Balkrishna Shirsat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glow Paints Private Limited is 1, Shaikh Buildingnear Canara Bank Ponda India, Goa, 403401.

  • The corporate identification number (CIN) of Glow Paints Private Limited is U24222GA1995PTC001786 and the company number is 001786 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glow Paints Private Limited is https://www.glow-paints-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2022, the revenue trend for Glow Paints Private Limited has fallen by -13.42%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Glow Paints Private Limited has experienced an downturn of -8.11%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Glow Paints Private Limited amount to ₹ 1.60 Cr.

  • The most recent Balance Sheet for Glow Paints Private Limited was filed with the ROC on 31 Mar 2022.