Global Best Foundries Private Limited

Manufactures high-quality castings of various materials and sells related by-products.

2005 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Global Best Foundries Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.35 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.60 Cr
  • Revenue Growth -66.59%
  • Profit Growth -588.65%
  • Ebitda -89.41%
  • Net Worth -19.93%
  • Total Assets 5.91%

About Global Best Foundries

Global Best Foundries Private Limited (GBFPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 April 2005 and has a history of 19 years and nine months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.35 Cr.

The company has closed loans amounting to ₹1.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Yuvaraja and Harikrishnan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27320TZ2005PTC011766

  • Company No.

    011766

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile
Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Yuvaraja Country flag representing In Director 03-Oct-2017Current
Harikrishnan Country flag representing In Director 29-Apr-2005Current

Financial Performance of Global Best Foundries.

Global Best Foundries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 66.59% decrease. The company also saw a substantial fall in profitability, with a 588.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.93%.

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
-66.59%
Revenue from Operations
-66.75%
Total Assets
5.91%
Profit or Loss
-588.65%
Net Worth
-19.93%
EBITDA
-89.41%

What is the Ownership and Shareholding Structure of Global Best Foundries?

In 2023, Global Best Foundries had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.60 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.60 Cr

Latest Charge Details

DateLenderAmountStatus
11 Feb 2009Canara Bank₹1.60 CrSatisfied

How Many Employees Work at Global Best Foundries?

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

Recent activity within the organization

  • Annual General Meeting

    Global Best Foundries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Global Best Foundries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 11 Feb 2009 via Charge ID 10142533 with Canara Bank was fully satisfied on 19 Feb 2024.

    19 Feb 2024

  • Director Appointment

    Yuvaraja was appointed as a Director was appointed as a Director on 03 Oct 2017 & has been associated with this company since 7 years 3 months .

    03 Oct 2017

  • Charges

    A charge with Canara Bank of Rs. 1.60 Cr registered on 11 Feb 2009 with Charge ID 10142533 was modified on 27 Apr 2015.

    27 Apr 2015

  • Charges

    A charge with Canara Bank amounted to Rs. 1.60 Cr with Charge ID 10142533 was registered on 11 Feb 2009.

    11 Feb 2009

Frequently asked questions

  • Global Best Foundries Private Limited was incorporated on 29 Apr 2005.

  • The authorized share capital of Global Best Foundries Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.35 Cr.

  • Currently 2 directors are associated with Global Best Foundries Private Limited.

    • Yuvaraja
    • Harikrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Global Best Foundries Private Limited is 245/1B 1C Oraikalpalayam Pirivu Post Sathy Road Kunnathur, India, Coimbatore, Tamil Nadu, 641107.

  • The corporate identification number (CIN) of Global Best Foundries Private Limited is U27320TZ2005PTC011766 and the company number is 011766 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Global Best Foundries Private Limited has fallen by -66.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Global Best Foundries Private Limited has experienced an downturn of -19.93%.

  • The most recent Balance Sheet for Global Best Foundries Private Limited was filed with the ROC on 31 Mar 2024.

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