Global Advance Private Limited

Provides comprehensive human resource consulting services, including recruitment, placement, and strategy implementation.

2016 | Mehsana, Gujarat (India) | Active
Last Updated: July 17, 2024

Global Advance Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 9 Year, 25 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.30 Cr
  • Revenue Growth -17.07%
  • Profit Growth -45.51%
  • Ebitda -28.97%
  • Net Worth 12.32%
  • Total Assets 111.23%

About Global Advance

Global Advance Private Limited (GAPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 January 2016 (Nine years 25 days old ). Its registered office is in Mehsana, Gujarat, India.

The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹1.30 Cr.

Milankumar Chaudhari and Vivekkumar Chaudhari serve as directors at the Company.

Company Details

  • Location

    Mehsana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900GJ2016PTC085650

  • Company No.

    085650

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Business Services
Infrastructure and Utilities
Business Outsourcing

Who are the key members and board of directors at Global Advance?

Board Members (2)

Name Designation Appointment Date Status
Milankumar Chaudhari Country flag representing In Director 03-Jul-2020 Current
Vivekkumar Chaudhari Country flag representing In Director 09-Apr-2024 Current

Financial Performance of Global Advance.

Global Advance Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 17.07% decrease. The company also saw a substantial fall in profitability, with a 45.51% decrease in profit. The company's net worth Soared by an impressive increase of 12.32%.

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
-17.07%
Revenue from Operations
-16.93%
Total Assets
111.23%
Profit or Loss
-45.51%
Net Worth
12.32%
EBITDA
-28.97%

What is the Ownership and Shareholding Structure of Global Advance?

In 2021, Global Advance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.30 Cr

Latest Charge Details

Date Lender Amount Status
23 Sep 2020 Others ₹1.30 Cr Open

How Many Employees Work at Global Advance?

Unlock and access historical data on people associated with Global Advance, 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 Global Advance, 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 Global Advance'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 Global Advance

Recent activity within the organization

  • Director Appointment

    Vivekkumar Rameshbhai Chaudhari was appointed as a Director was appointed as a Director on 09 Apr 2024 & has been associated with this company since 9 months 24 days .

    09 Apr 2024

  • Annual General Meeting

    Global Advance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Global Advance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 13.00 M with Charge ID 100374878 was registered on 23 Sep 2020.

    23 Sep 2020

  • Director Appointment

    Milankumar Mavjibhai Chaudhari was appointed as a Director was appointed as a Director on 03 Jul 2020 & has been associated with this company since 4 years 7 months .

    03 Jul 2020

  • Company Incorporation

    Global Advance Private Limited was registered on 07 Jan 2016 with Roc Ahmedabad & aged 9 years 25 days as per MCA records.

    07 Jan 2016

Frequently asked questions

  • Global Advance Private Limited was incorporated on 07 Jan 2016.

  • The authorized share capital of Global Advance Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Global Advance Private Limited.

    • Milankumar Mavjibhai Chaudhari
    • Vivekkumar Rameshbhai Chaudhari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Global Advance Private Limited is 42 Swami Simandhar Nagar Society Highway, Mehsana, Gujarat, India, 384002.

  • The corporate identification number (CIN) of Global Advance Private Limited is U74900GJ2016PTC085650 and the company number is 085650 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Global Advance Private Limited is https://www.globaladvance.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Global Advance Private Limited has fallen by -17.07%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Global Advance Private Limited has experienced an upsurge of 12.32%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Global Advance Private Limited amount to ₹ 1.30 Cr.

  • The most recent Balance Sheet for Global Advance Private Limited was filed with the ROC on 31 Mar 2023.

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