Glasco Technologies (OPC) Private Limited

Glasco Technologies (OPC) Private Limited - information technology in Nellore, Andhra Pradesh, India. Directors, charges & compliance details.
CIN U72900AP2021OPC117922 Incorporated 05 April 2021 ROC Vijayawada HQ Nellore, Andhra Pradesh, India
Active information technology
Data last updated
Revenue · FY 2023
₹87.32 Lakh
▲ 97% YoY
Net loss · FY 2023
₹84,992
Net margin -1%
EBITDA · FY 2023
₹4.27 Lakh
EBITDA margin 4.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
1
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Glasco Technologies (OPC) Private Limited

Data last updated:

Glasco Technologies (OPC) Private Limited is a one person company based in Nellore, Andhra Pradesh, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 05 April 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72900AP2021OPC117922.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Raghurami Reddy Kambham.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Kambhamvari Street Duttalur Mandal, Nellore, Andhra Pradesh, India – 524222.

As per the financials filed for FY 2023, the company reported a revenue of ₹87.32 Lakh, a growth of 97% compared to the previous year. For the same year it recorded a net loss of ₹84,992 (net margin -1%) and EBITDA of ₹4.27 Lakh (EBITDA margin 4.9%).

Company Details of Glasco Technologies (OPC) Private Limited
CIN U72900AP2021OPC117922
Registration Number 117922
Incorporation Date 05 April 2021
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2023
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Kambhamvari Street Duttalur Mandal, Nellore, Andhra Pradesh, India – 524222
  • Industry
    Information Technology, Other Computer Related Activities
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Financials, compliance, directors, charges, ownership and filings for Glasco Technologies (OPC) Private Limited in one report.

Financials from FY 2022 Directors & ownership Charges & compliance

Business Activity of Glasco Technologies (OPC) Private Limited

The main business activity of Glasco Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Financials of Glasco Technologies (OPC) Private Limited FY 2023 filings available

Glasco Technologies (OPC) Private Limited reported revenue of ₹87.32 Lakh (up 97% YoY) for FY 2023.

Revenue · FY 2023
₹87.32 Lakh ▲ 97%
Net loss · FY 2023
₹84,992 margin -1%
EBITDA · FY 2023
₹4.27 Lakh margin 4.9%

Compounded Annual Growth Rate (CAGR) of Glasco Technologies (OPC) Private Limited

Revenue CAGR growth
1 year
▲ 97%
EBITDA CAGR growth
1 year
▲ 21%

Revenue rose 97% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Glasco Technologies (OPC) Private Limited

MetricsFY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations••••••••
Other Income••••••••
Total Revenue••••••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA₹4.27 Lakh••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)-₹84,992••••
Balance Sheet
Share Capital••••••••
Reserves and Surplus••••••••
Net Worth (Total Equity)••••••••
Long-term Borrowings••••••••
Short-term Borrowings••••••••
Trade Payables••••••••
Total Liabilities••••••••
Fixed Assets••••••••
Investments••••••••
Inventories••••••••
Trade Receivables••••••••
Cash and Bank Balance••••••••
Total Assets••••••••

Financial Ratios of Glasco Technologies (OPC) Private Limited

MetricsFY 2022-23FY 2021-22
Profitability
EBITDA Margin4.9%••••
Net Profit Margin-1%••••
Return on Equity (ROE)••••••••
Return on Capital Employed (ROCE)••••••••
Return on Assets (ROA)••••••••
Liquidity and Debt
Current Ratio••••••••
Quick Ratio••••••••
Debt-to-Equity Ratio••••••••
Interest Coverage Ratio••••••••
Efficiency and Growth
Asset Turnover••••••••
Receivable Days••••••••
Payable Days••••••••
Inventory Days••••••••
Revenue Growth••••••••
Net Profit Growth••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Glasco Technologies are in the company report.

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Financial statements from FY 2022

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Board of Directors of Glasco Technologies (OPC) Private Limited

Glasco Technologies has 1 director on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Raghurami Reddy KambhamDirector05 Apr 20215 Years 6 MonthsCurrent

Peer Comparison of Glasco Technologies (OPC) Private Limited

Glasco Technologies (OPC) Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Efb (Intl) Distribution Private Limited₹87.45 Lakh (FY 2024)••••••••18.0%••••Faridabad, Haryana, India
Resource Corner IT Services Private Limited₹87.44 Lakh (FY 2025)••••••••-29.0%••••Hyderabad, Telangana, India
Quartica AI Private Limited₹87.43 Lakh (FY 2024)••••••••••••Hyderabad, Telangana, India
Rdmi Tech Ventures Private Limited₹87.35 Lakh (FY 2020)••••••••••••Agra, Uttar Pradesh, India
Itsm Solutions Private Limited₹87.32 Lakh (FY 2024)••••••••-15.0%••••Gurgaon, Haryana, India
Glasco Technologies (OPC) Private Limited this company₹87.32 Lakh (FY 2023)••••••••97.0%••••Nellore, Andhra Pradesh, India
Thetavega Tech Private Limited₹87.3 Lakh (FY 2025)••••••••-26.0%••••Aurangabad, Maharashtra, India
Tech Statiza Private Limited₹87.29 Lakh (FY 2025)••••••••40.0%••••Ahmedabad, Gujarat, India
Taspro Technologies India Private Limited₹87.26 Lakh (FY 2025)••••••••14.0%••••Coimbatore, Tamil Nadu, India
Regalartech Private Limited₹87.25 Lakh (FY 2024)••••••••241.0%••••Pune, Maharashtra, India
Silverlake Information Systems Private Limited₹87.23 Lakh (FY 2025)••••••••-54.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Glasco Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Charges & Borrowings of Glasco Technologies (OPC) Private Limited

Glasco Technologies (OPC) Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Glasco Technologies (OPC) Private Limited

Employment history and EPFO contributions of people linked to Glasco Technologies.

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Employee and EPFO history

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Recent Activity on Glasco Technologies (OPC) Private Limited

Glasco Technologies (OPC) Private Limited has 1 board change on record since 2021: 1 appointment. The latest: Raghurami Reddy Kambham was appointed as Director on 05 Apr 2021.

Filing
Glasco Technologies (Opc) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
AGM
Glasco Technologies (Opc) Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Appointed
Raghurami Reddy Kambham was appointed as Director.
Incorporation
05 Apr 2021
Glasco Technologies (Opc) Private Limited was registered on 05 Apr 2021 with Roc Vijayawada & aged 5 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Glasco Technologies (OPC) Private Limited

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MSME Payment Delays by Glasco Technologies (OPC) Private Limited

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Subsidiaries & Group Companies of Glasco Technologies (OPC) Private Limited

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GST Compliance of Glasco Technologies (OPC) Private Limited

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MCA Filings & Documents of Glasco Technologies (OPC) Private Limited

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Frequently Asked Questions about Glasco Technologies (OPC) Private Limited

Glasco Technologies is an active company based in Nellore, Andhra Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 05 April 2021 (5+ years old) and is registered under CIN U72900AP2021OPC117922.

Glasco Technologies reported revenue of ₹87.32 Lakh for FY 2023 (up 97% YoY).

Glasco Technologies has 1 current director:

Glasco Technologies reported a net loss of ₹84,992 (net margin -1%) and EBITDA of ₹4.27 Lakh (EBITDA margin 4.9%) for FY 2023, as per its filed financial statements.

The CIN (Corporate Identification Number) of Glasco Technologies is U72900AP2021OPC117922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Glasco Technologies was incorporated on 05 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Glasco Technologies by revenue are Efb (Intl) Distribution Private Limited, Resource Corner IT Services Private Limited, Quartica AI Private Limited, Rdmi Tech Ventures Private Limited, Itsm Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).

Raghurami Reddy Kambham was appointed as Director on 05 Apr 2021.

The registered office of Glasco Technologies is at Kambhamvari Street Duttalur Mandal, Nellore, Andhra Pradesh, India – 524222.

Glasco Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.

Glasco Technologies operates in the information technology industry, in the other computer related activities segment.

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