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    HLE GLASCOAT LTD.

    01 August 2025 | 12:00

    Industry >> Engineering - Heavy

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    ISIN No INE461D01028 BSE Code / NSE Code 522215 / HLEGLAS Book Value (Rs.) 63.16 Face Value 2.00
    Bookclosure 26/09/2024 52Week High 485 EPS 6.58 P/E 66.44
    Market Cap. 2984.91 Cr. 52Week Low 218 P/BV / Div Yield (%) 6.92 / 0.25 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    Swiss Glasscoat Equipments Limited having its registered office at H-106, G I D C Vitthal Udyognagar - 388 121, was incorporated on 26th August 1991 under the name of Shri Glassteel Equipments Limited. Subsequently the name of the Company was changed to Swiss Glasscoat Equipment Limited on 3rd March, 1992 and certificate of commencment of businss was obtained on 5th March, 1992. The Company is setting up a new Industrial undertaking for the manufacture of Glass Lined Reaction Vessels at G.I.D.C. Vitthal Udyognagar, Gujarat.

    The Main objects of the company is to carry on the business as manufacturers, representatives, producers, fabricators etc of all classes, kinds, types, nature and description of glasslined, exoticmetals, equipments, tanks etc.

    The Company is promoted by Industrialist, Businessmen and professionals.

    2008

    -Company has informed that the Company has designated an E-mail ID exclusively for redressing investor's grievances, which is as follows:

    share@glascoat.com

    2012 -The company has recommended Dividend @22%.

    2014 -The company has recommended Dividend @25%.

    2018

    -In 2017, HLE acquired a controlling stake in Swiss Glascoat Equipments Limited (Glascoat). Glascoat, which was established in the year 1991, was a leading manufacturer of glass lined equipment at the time. 2019

    -Company name has changed to HLE Glasscoat Ltd. from Swiss Glasscoat Equipments Ltd..

    -In 2019, the operating businesses of HLE and Glascoat were integrated via a scheme of arrangement and the resulting company was renamed `HLE Glascoat Limited'.

    2022

    -The Company has splits its face value from Rs. 10/- to Rs. 2/-.

    2024

    -The Company Informed Merger between HLE Glascoat Limited and Kinam Enterprise Private Limited.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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