About Glide Chem Private Limited
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Glide Chem Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 28 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24211DL1998PTC094129. Its GSTIN is 07AAACG9039L1ZA (Delhi). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5.64 Cr and a paid-up capital of ₹4.83 Cr. It is led by directors Ajitpal Singh Malhotra and Gurpreet Kaur Malhotra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 42/1 First Floor Block A, Naraina Industrial Area Phase 1, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.39 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹8.72 Cr (net margin -24.7%) and EBITDA of -₹7.09 Cr (EBITDA margin -20%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Glide Chem Private Limited. As per MCA filings, the company has open charges of ₹27.63 Cr and satisfied charges of ₹41.9 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glidechem.com.
Company details
Contact details
Glide Chem Private Limited's registered office is in New Delhi, Delhi. Its website is glidechem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address42/1 First Floor Block A, Naraina Industrial Area Phase 1, New Delhi, Delhi, India – 110028
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Glide Chem Private Limited, buy the company report.
- 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
Brands
Glide Chem operates one associated brand: Glide Chem Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of specialty chemicals, pharma excipients, and diagnostic kits is conducted by Glide Chem Private Limited. | glidechem.com |
Business activity
The main business activity of Glide Chem 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 Glide Chem Private Limited, buy the company report.
Financials of Glide Chem Private Limited
FY 2024 filings availableGlide Chem Private Limited reported revenue of ₹35.39 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 12% fall in the latest year. EBITDA fell 89% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹7.09 Cr | ||||
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| Net Profit (PAT) | -₹8.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -20% | ||||
| Net Profit Margin | -24.7% | ||||
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To see the full financial statements and ratios of Glide Chem Private Limited, buy the company report.
Board of directors of Glide Chem Private Limited
Glide Chem has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajitpal Singh Malhotra Also directs: Arra Hospitality Group Private Limited | Director | 30 Jun 2022 | 4 Years 4 Months | Current |
| Gurpreet Kaur Malhotra | Additional Director | 18 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Glide Chem Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neoloba Specialty Private Limited | ₹35.84 Cr (FY 2025) | -62.0% | Dombivli, Maharashtra, India | |||
| Modhera Chemicals Private Limited | ₹35.43 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Glide Chem Private Limitedthis company | ₹35.39 Cr (FY 2025) | -₹8.72 Cr | -24.7% | -12.0% | 17 | New Delhi, Delhi, India |
| Wasser Chemicals & Systems Private Limited | ₹35.13 Cr (FY 2025) | 33.0% | Chennai, Tamil Nadu, India | |||
| Mivaan Chemtex Private Limited | ₹35.05 Cr (FY 2025) | -18.0% | Gandhinagar, Gujarat, India | |||
| Univenture Industries Private Limited | ₹34.71 Cr (FY 2025) | 17.0% | Nagpur, Maharashtra, India | |||
| Auropol India Private Limited | ₹34.62 Cr (FY 2024) | 9.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Glide Chem Private Limited, buy the company report.
Auditor
Glide Chem Private Limited is audited by DEEPAK GULATI & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK GULATI & ASSOCIATES | FY 2024 | 007545N |
Shareholding
The shareholding of Glide Chem Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glide Chem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2019 | 100240779 | Hdfc Bank Limited | ₹27.63 Cr | Open | |
| 01 Sep 2017 | 100129353 | Others | ₹9.5 Cr | Satisfied | |
| 23 Sep 2014 | 10524284 | The Hongkong and Shanghai Banking Corporation Limited | ₹45 Lakh | Satisfied | |
| 02 May 2014 | 10501491 | The Hongkong and Shanghai Banking Corporation Limited | ₹11.6 Cr | Satisfied | |
| 18 Feb 2011 | 10272389 | Central Bank of India | ₹76 Lakh | Satisfied |
To see the full charge records of Glide Chem Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Glide Chem Private Limited has 17 court cases on record: 9 filed by Glide Chem, 8 filed against it. 5 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 4 | 5 |
| High courts | 4 | 4 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Bajaj Finance Ltd. | Pending |
| District court, Sirmaur, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against Elder Ici Healthcare Private Limited and 5 others | Disposed |
| District court, West, Delhi | Criminal case | Filed by the company against Ms Salvi Chemical Industries Ltd. | Disposed |
| District court, West, Delhi | Civil suit | Filed by the company against Ind Swift Ltd. (Health Care Divison) | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed by the company against Ms Garle Impex Pvt. Ltd | Disposed |
To see the full case history of Glide Chem 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 Glide Chem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Glide Chem Private Limited has a workforce of 17 employees on its EPFO records as of Mar 08, 2025, across 2 active EPFO establishments.
GST
Glide Chem has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACG9039L1ZA | Delhi | Active | 01 Jul 2017 |
| 02AAACG9039L1ZK | Himachal Pradesh | Active | 01 Jul 2017 |
| 06AAACG9039L1ZC | Haryana | Active | 01 Jul 2017 |
| 09AAACG9039L1Z6 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glide Chem Private Limited, buy the company report.
Recent activity
Glide Chem Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Gurpreet Kaur Malhotra was appointed as Additional Director on 18 Nov 2024.
26 earlier events are in the company report.
Frequently asked questions
Glide Chem is an active private limited company based in New Delhi, Delhi, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 28 May 1998 (28+ years old) and is registered under CIN U24211DL1998PTC094129.
Glide Chem has 2 current directors:
- Ajitpal Singh Malhotra - Director
- Gurpreet Kaur Malhotra - Additional Director
The latest financial statements of Glide Chem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Glide Chem is 07AAACG9039L1ZA, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 02AAACG9039L1ZK (Himachal Pradesh), 06AAACG9039L1ZC (Haryana), 09AAACG9039L1Z6 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Glide Chem is U24211DL1998PTC094129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glide Chem has 17 court cases on record: 9 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.
Glide Chem was incorporated on 28 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Glide Chem by revenue are Neoloba Specialty Private Limited, Modhera Chemicals Private Limited, Wasser Chemicals & Systems Private Limited, Mivaan Chemtex Private Limited, Univenture Industries Private Limited and 1 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Gurpreet Kaur Malhotra was appointed as Additional Director on 18 Nov 2024. Ajitpal Singh Malhotra ceased to be Additional Director on 29 Sep 2022. Gagan Preet Singh Duggal ceased to be Director on 11 Jul 2022. Glide Chem has 9 board changes on record in total.
Glide Chem can be reached through the website glidechem.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Glide Chem is at 421 First Floor Block A, Naraina Industrial Area Phase 1, New Delhi, Delhi, India – 110028.
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