Hle Glascoat Limited - Company Profile

It is a machinery and equipment public limited company based in Gujarat, Gujarat, India, established in 1991.
1991 Gujarat, Gujarat, India Active
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About Hle Glascoat Limited

Hle Glascoat Limited, a active public limited company, was established on 26 August 1991 in Gujarat, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L26100GJ1991PLC016173. Registered under ROC Roc Ahmedabad. it is listed on BSE: 522215 and NSE: HLEGLAS. It has an authorized capital of ₹27.60 Cr and a paid-up capital of ₹13.89 Cr.

Formerly known as Swiss Glascoat Equipments Limited. It upholds a compliant status. In 2023, it reported revenue of ₹661.12 Cr and a net worth of ₹328.93 Cr. Employing 709 professional, Its leadership includes Jayeshbhai Vastupal Shah (Director), Yatish Chandrakant Parekh (Director), Himanshu Khushalbhai Patel (Managing Director). Past directors included Bhanubhai Bhailalbhai Patel, Jayeshbhai Vastupal Shah, Yatish Chandrakant Parekh. It holds ₹874.94 Cr open charges and ₹253.88 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at H-106 Gidc Estate, Vithal Udyognagar, Gujarat, Gujarat, 388121.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L26100GJ1991PLC016173

  • Registration Number

    016173

  • Incorporation Date

    26 August 1991

  • Authorized Capital

    ₹27.60 Cr

  • Paid-Up Capital

    ₹13.89 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 522215, NSE: HLEGLAS)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 27.60 Cr
  • Paid Up Capital ₹ 13.89 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 874.94 Cr
  • Satisfied Charges ₹ 253.88 Cr
  • Revenue Growth **** 26.57%
  • Profit Growth **** -11.89%
  • Ebitda **** 8.19%
  • Net Worth 16.92%
  • Total Assets **** 19.34%
Company report

Hle Glascoat Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Hle Glascoat Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hle Glascoat Limited?
Current Directors
Name Designation Appointment Date Status
Jayeshbhai Vastupal Shah Director 03 Nov 2018 Current
Yatish Chandrakant Parekh Director 29 May 2017 Current
Himanshu Khushalbhai Patel Managing Director 31 Dec 2016 Current
Vijayanti Punjabi Director 31 Dec 2016 Current
Harsh Himanshubhai Patel Whole-Time Director 31 Dec 2016 Current
Aalap Nileshbhai Patel Whole-Time Director 31 Dec 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Jan 2014 Past
Pramod Abcsdd Additional Director 27 Jul 2019 Past
Pramod Abcsdd Director 31 Mar 2022 Past
Pramod Abcsdd Whole-Time Director 01 Oct 2014 Past
Pramod Abcsdd Managing Director 31 Mar 2022 Past
Pramod Abcsdd Director 30 May 2017 Past

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Financial Performance of Hle Glascoat.

Hle Glascoat Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.57% increase. The company also saw a substantial fall in profitability, with a 11.89% decrease in profit. The company's net worth Soared by an impressive increase of 16.92%.

Hle Glascoat revenue growth over time
Hle Glascoat profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 26.57%
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Revenue from Operations
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 27.72%
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Total Assets
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 19.34%
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Profit or Loss
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 -11.89%
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Net Worth
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 16.92%
*******
*******
*******
*******
EBITDA
*******
 8.19%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hle Glascoat?

In 2023, Hle Glascoat had a promoter holding of 70.32% and a public holding of 29.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹8,749,360,000.00

Satisfied Charges

₹2,538,800,000.00

Charges Breakdown by Lending Institutions
  • Others : 318.40 Cr
  • Citi Bank N.A. : 294.30 Cr
  • Hdfc Bank Limited : 262.24 Cr
Latest Charge Details
Date Lender Amount Status
09 Sep 2025 Hdfc Bank Limited ₹2.85 M Open
24 Feb 2025 Others ₹97.40 Cr Open
27 Aug 2024 Hdfc Bank Limited ₹1.85 M Open
19 Feb 2024 Hdfc Bank Limited ₹1.27 M Open
23 Aug 2023 Hdfc Bank Limited ₹2.24 M Open

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How Many Employees Work at Hle Glascoat?

Hle Glascoat has a workforce of 709 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hle Glascoat, 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 Hle Glascoat'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.

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Latest Updates, News, and FAQs on Hle Glascoat
Recent Activity within the Organization
  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 101152659 was registered on 09 Sep 2025. was documented.

  • Charges

    Progress on A charge with Others of Rs. 97.40 Cr registered on 24 Feb 2025 with Charge ID 101080689 was modified on 26 Aug 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 97.40 Cr with Charge ID 101080689 was registered on 24 Feb 2025. was completed.

  • Charges

    A charge registered on 28 Sep 2005 via Charge ID 90096996 with State Bank Of India was fully satisfied on 05 Nov 2024. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 23 Jul 2005 via Charge ID 90100079 with State Bank Of India was fully satisfied on 05 Nov 2024. was documented.

  • Annual General Meeting

    Progress on Hle Glascoat Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Hle Glascoat Limited?

The CIN of Hle Glascoat Limited is L26100GJ1991PLC016173.

Where is Hle Glascoat Limited headquartered?

Hle Glascoat Limited is headquartered at H-106 Gidc Estate, Vithal Udyognagar, Gujarat, Gujarat, 388121.

When was Hle Glascoat Limited incorporated?

Hle Glascoat Limited was incorporated on 26 August 1991.

Who are the current directors of Hle Glascoat Limited?

The current directors of Hle Glascoat Limited are

What is the primary industry of Hle Glascoat Limited?

The primary industry of Hle Glascoat Limited is Manufacturing.

Is Hle Glascoat Limited a listed company?

Hle Glascoat Limited is listed. It is listed on BSE: 522215 and NSE: HLEGLAS.

What is the capital structure of Hle Glascoat Limited?

The authorized capital of Hle Glascoat Limited is ₹27.60 Cr, and the paid-up capital is ₹13.89 Cr.

What is the compliance status of Hle Glascoat Limited?

The compliance status of Hle Glascoat Limited is Compliant.

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