Glasco Technologies (OPC) Private Limited
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
Contact details
Glasco Technologies (OPC) Private Limited's registered office is in Nellore, Andhra Pradesh.
- Registered AddressKambhamvari Street Duttalur Mandal, Nellore, Andhra Pradesh, India – 524222
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business activity
The main business activity of Glasco Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Glasco Technologies (OPC) Private Limited, buy the company report.
Financials of Glasco Technologies (OPC) Private Limited
FY 2023 filings availableGlasco Technologies (OPC) Private Limited reported revenue of ₹87.32 Lakh (up 97% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 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
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.9% | |
| 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 | ||
To see the full financial statements and ratios of Glasco Technologies (OPC) Private Limited, buy the company report.
Board of directors of Glasco Technologies (OPC) Private Limited
Glasco Technologies has 1 director on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghurami Reddy Kambham | Director | 05 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Glasco Technologies (OPC) Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 | |||
| 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 Limitedthis company | ₹87.32 Lakh (FY 2023) | -₹84,992 | -1% | 97.0% | Nellore, Andhra Pradesh, 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 |
To see the full peer comparison of Glasco Technologies (OPC) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Glasco Technologies (OPC) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glasco Technologies (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Glasco Technologies (OPC) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
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.
Frequently asked questions
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 has 1 current director:
- Raghurami Reddy Kambham - Director
The latest financial statements of Glasco Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2022 are in the company report.
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, Rdmi Tech Ventures Private Limited, Itsm Solutions Private Limited, Regalartech Private Limited and 1 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 operates in the information technology industry, in the other computer related activities segment.
Glasco Technologies can be reached at its registered office: Kambhamvari Street Duttalur Mandal, Nellore, Andhra Pradesh, India – 524222.
Glasco Technologies is registered under the jurisdiction of the Registrar of Companies (ROC), Vijayawada.