Gloabtel Convergence Limited

This company provides electric power monitoring solutions for various industries.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated: December 25, 2024

Gloabtel Convergence Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.20 M
  • Company Age 24 Year, 6 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 11.92 Cr
  • Revenue Growth 50.36%
  • Profit Growth -373.18%
  • Ebitda -484.53%
  • Net Worth -2395.30%
  • Total Assets -12.09%

About Gloabtel Convergence

Gloabtel Convergence Limited (GCL) is a Public Limited Indian Non-Government Company incorporated in India on 01 August 2000 and has a history of 24 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Morakhia Cyber Solutions Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.20 M.

The company currently has active open charges totaling ₹11.92 Cr.

Pawan Murarka, Surendra Jindal, and Prateek Murarka serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gloabtel.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2000PLC128007

  • Company No.

    128007

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Aug 2000

  • Date of AGM

    30 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

What products or services does Gloabtel Convergence Limited offer?

Gloabtel Convergence Limited offers a wide range of products and services, including Environment Protection & Auditing, Energy Conservation, Solar & Renewable Energy Products, Solar System Components, Electrical & Electronic Test Devices, Battery Tester, Energy Meter, Software Development Services, SCADA Software Development, Electrical & Signaling Contractors.

Who are the key members and board of directors at Gloabtel Convergence?

Board Members (3)

NameDesignationAppointment DateStatus
Pawan Murarka Country flag representing In Director 01-Nov-2022Current
Surendra Jindal Country flag representing In Director 01-Nov-2022Current
Prateek Murarka Country flag representing In Director 01-Nov-2022Current

Financial Performance of Gloabtel Convergence.

Gloabtel Convergence Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 50.36% increase. The company also saw a substantial fall in profitability, with a 373.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 2395.3%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
50.36%
Revenue from Operations
50.87%
Total Assets
-12.09%
Profit or Loss
-373.18%
Net Worth
-2395.30%
EBITDA
-484.53%

What is the Ownership and Shareholding Structure of Gloabtel Convergence?

In 2018, Gloabtel Convergence had a promoter holding of 86.60% and a public holding of 13.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.92 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 11.79 Cr
  • Development Credit Bank Ltd. : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
03 Nov 2012Bank Of Maharashtra₹11.00 CrOpen
03 Aug 2007Bank Of Maharashtra₹7.85 MOpen
13 Jan 2001Development Credit Bank Ltd.₹0.65 MOpen
21 Oct 2000Development Credit Bank Ltd.₹0.70 MOpen

How Many Employees Work at Gloabtel Convergence?

Unlock and access historical data on people associated with Gloabtel Convergence, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gloabtel Convergence, 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 Gloabtel Convergence'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.

Latest Updates, News, and FAQs on Gloabtel Convergence

Recent activity within the organization

  • Director Appointment

    Pawan Kumar Murarka was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 3 months .

    01 Nov 2022

  • Director Appointment

    Surendra Kumar Jindal was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 3 months .

    01 Nov 2022

  • Director Appointment

    Prateek Murarka was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 3 months .

    01 Nov 2022

  • Annual General Meeting

    Gloabtel Convergence Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.

    30 Sep 2018

  • Balance Sheet

    Gloabtel Convergence Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Charges

    A charge with Bank Of Maharashtra amounted to Rs. 11.00 Cr with Charge ID 10389188 was registered on 03 Nov 2012.

    03 Nov 2012

Frequently asked questions

  • Gloabtel Convergence Limited was incorporated on 01 Aug 2000.

  • The authorized share capital of Gloabtel Convergence Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.20 M.

  • Currently 3 directors are associated with Gloabtel Convergence Limited.

    • Pawan Kumar Murarka
    • Surendra Kumar Jindal
    • Prateek Murarka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gloabtel Convergence Limited is Office No. 8 First Floor Apollo House Haji Kasam Building 84 Samachar Marg, Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Gloabtel Convergence Limited is U72900MH2000PLC128007 and the company number is 128007 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gloabtel Convergence Limited is https://www.gloabtel.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Gloabtel Convergence Limited has risen by 50.36%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Gloabtel Convergence Limited has experienced an downturn of -2395.30%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Gloabtel Convergence Limited amount to ₹ 11.92 Cr.

  • The most recent Balance Sheet for Gloabtel Convergence Limited was filed with the ROC on 31 Mar 2018.

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