Company CVAbout HLE Glascoat Ltd 
HLE Glascoat Ltd
Small Cap
Industrial Manufacturing
HLE Glascoat Limited is one of the most renowned process equipment manufacturers for chemical and pharmaceutical sectors in India. It is a part of the prestigious Patel Group of Companies, established by Late Dr. Khushalbhai H. Patel in 1951. HLE Glascoat Limited incorporated in August 26, 1991 under the name of 'Shri Glassteel Equipments Limited' and subsequently, changed the name to 'Swiss Glasscoat Equipment Limited' on March 03, 1992.
Company Coordinates
Company Details
H-106 GIDC Estate, Vitthal Udyognagar Anand Gujarat : 388121
Registrar Details
MCS Ltd , Neelam Apartment , 88 Sampatrao Colony, Above Chappan Bhog Sweets, Vadodara
Capital StructureCapital Structure
Present Equity Capital
INR 13.65 Cr
Number of Shares
6.83 Cr
Face Value
INR 0.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
18-Oct-2022
6.83
13.65
54612384
0
Stock Split
18-Oct-2022
6.83
13.65
54612384
2
Stock Split
23-Sep-2021
1.37
13.65
192455
10
Conversion of Warrants
05-May-2021
1.35
13.46
385161
10
Conversion of Warrants
10-Dec-2020
1.31
13.08
144404
10
Preferential basis
18-Dec-2019
1.29
12.93
6431076
10
Scheme of Arrangement
18-Dec-2019
1.29
12.93
6431076
10
Scheme of Arrangement
31-Mar-2017
65
6.50
1500000
10
Conversion of Warrants
ShareholdingShareholding Snapshot
Shareholding Compare (%holding)
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 2 Schemes (3.46%)
FIIs
Held by 19 FIIs (3.7%)
Promoter with highest holding
Nilesh Khushalbhai Patel (24.77%)
Highest Public shareholder
Overseas Pearl Ltd. (3.58%)
Individual Investors Holdings
19.33%
Board of Directors
Management
Designation
Remuneration
Vijayanti Punjabi
Independent Director
75.0 k
Himanshu Patel
Managing Director
1.71 cr
Nilesh Patel
Director
75.0 k
Harsh Patel
Whole Time Director
30.45 lacs
Aalap Patel
Executive Director
81.9 lacs
Yatish Parekh
Chairman & Independent Directo
75.0 k
Sandeep Randery
Independent Director
75.0 k
Jayesh Shah
Independent Director
60.0 k
Achal Thakkar
Company Sec. & Compli. Officer
0
Raw MaterialsRaw Materials Dashboard
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Finished Goods Dashboard
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Glasslined Acid Alkali Resistant Chemical Reaction Vessels
123.72
98.92%
Scrap
0.83
0.67%
Income from Services
0.52
0.41%
Glasslined Acid Alkali Resistant Chemical Reaction Vessels
Glasslined Acid Alkali Resistant Chemical Reaction Vessels
Scrap
Scrap
Income from Services
Income from Services
Stock DNARevenue and Profits:
Net Sales:
351 Cr
(Quarterly Results - Sep 2025)
Net Profit:
12 Cr
Industrial Manufacturing
INR 3,130 Cr (Small Cap)
54.00
34
0.24%
0.63
11.40%
6.18
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