MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0039249
Glarecoat Private Limited
Glarecoat Private Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹95.84 Lakh
▼ 30% YoY
Net profit · FY 2024
₹2.4 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹7.35 Lakh
EBITDA margin 7.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹18.9 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About Glarecoat Private Limited
Data last updated:
Glarecoat Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 04 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24304PN2020PTC193659. Its GSTIN is 27AAICG5047Q1ZY (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Satish Sahebrao Repale and Rupesh Maruti Dhere.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat 67 Flat No. 207 Nisarg Residency Bhukum Tal. Mulshi, Pune, Maharashtra, India – 412115.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.84 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.4 Lakh (net margin 2.5%) and EBITDA of ₹7.35 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 235% over three years.
As per MCA filings, the company has open charges of ₹18.9 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Glarecoat Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0039249).
Company details
CIN U24304PN2020PTC193659
Registration Number 193659
Incorporation Date 04 September 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0039249
Key People
Satish Sahebrao Repale Director Rupesh Maruti Dhere Director Amar Bhimrao Kokate Director Recognitions & Rankings of Glarecoat
Contact details
Glarecoat Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGat 67 Flat No. 207 Nisarg Residency Bhukum Tal. Mulshi, Pune, Maharashtra, India – 412115
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Glarecoat Private Limited, buy the company report.
Comprehensive company report
Glarecoat Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Glarecoat is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Glarecoat Private Limited, buy the company report.
Financials of Glarecoat Private Limited
FY 2025 filings availableGlarecoat Private Limited reported revenue of ₹95.84 Lakh (down 30% YoY) for FY 2024.
Revenue · FY 2024
₹95.84 Lakh ▼ 30%
Net profit · FY 2024
₹2.4 Lakh margin 2.5%
EBITDA · FY 2024
₹7.35 Lakh margin 7.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 235%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 97%
Revenue fell 30% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 235%. EBITDA fell 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹7.35 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.4 Lakh | |||
| 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 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.7% | |||
| Net Profit Margin | 2.5% | |||
| 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 | ||||
To see the full financial statements and ratios of Glarecoat Private Limited, buy the company report.
Board of directors of Glarecoat Private Limited
Glarecoat has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Sahebrao Repale | Director | 30 Nov 2020 | 5 Years 10 Months | Current |
| Rupesh Maruti Dhere Also directs: Pico Encap Private Limited | Director | 04 Sep 2020 | 6 Years 1 Months | Current |
| Amar Bhimrao Kokate Also directs: Pico Encap Private Limited | Director | 04 Sep 2020 | 6 Years 1 Months | Current |
| Prakash Dattatray Patil | Director | 04 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Glarecoat Private Limited is audited by ASHISH UDAWANT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHISH UDAWANT & ASSOCIATES | FY 2023 | 151793W |
Shareholding
The shareholding of Glarecoat Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Glarecoat Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2021 | 100452416 | Canara Bank | ₹18.9 Lakh | Open |
To see the full charge records of Glarecoat Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Glarecoat Private Limited has 1 court case on record: 1 filed by Glarecoat. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Maharashtra Coating Partnership Firm Through IT S Partners | Disposed |
To see the full case history of Glarecoat Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glarecoat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glarecoat Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
Active EPFO establishments
1
GST
Glarecoat has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG5047Q1ZY | Maharashtra | Active | 12 Oct 2020 |
To see the full GST registrations and return filing status of Glarecoat Private Limited, buy the company report.
Recent activity
Glarecoat Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Satish Sahebrao Repale ceased to be Additional Director on 31 Dec 2021.
AGM
Glarecoat Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Glarecoat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Canara Bank of Rs. 18.90 Lakh registered on 14 Jun 2021 with Charge ID 100452416 was modified on 04 Jan 2022.
Ceased
Satish Sahebrao Repale ceased to be Additional Director.
Charges
A charge with Canara Bank amounted to Rs. 18.90 Lakh with Charge ID 100452416 was registered on 14 Jun 2021.
Appointed
Satish Sahebrao Repale was appointed as Director.
Appointed
Amar Bhimrao Kokate was appointed as Director.
Appointed
Prakash Dattatray Patil was appointed as Director.
Appointed
Rupesh Maruti Dhere was appointed as Director.
Incorporation
04 Sep 2020
Glarecoat Private Limited was registered on 04 Sep 2020 with Roc Pune & aged 6 years 1 month as per MCA records.
Frequently asked questions
Glarecoat is an active private limited company based in Pune, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 04 September 2020 (6+ years old) and is registered under CIN U24304PN2020PTC193659.
Glarecoat has 4 current directors:
- Satish Sahebrao Repale - Director
- Rupesh Maruti Dhere - Director
- Amar Bhimrao Kokate - Director
- Prakash Dattatray Patil - Director
The latest financial statements of Glarecoat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Glarecoat is 27AAICG5047Q1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Glarecoat is U24304PN2020PTC193659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glarecoat has 1 court case on record: 1 filed by the company.
Glarecoat was incorporated on 04 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Satish Sahebrao Repale ceased to be Additional Director on 31 Dec 2021. Satish Sahebrao Repale was appointed as Director on 30 Nov 2020. Amar Bhimrao Kokate was appointed as Director on 04 Sep 2020. Glarecoat has 5 board changes on record in total.
Yes, Glarecoat is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0039249).
The registered office of Glarecoat is at Gat 67 Flat No. 207 Nisarg Residency Bhukum Tal. Mulshi, Pune, Maharashtra, India – 412115.