Global Incubation Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 15 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.65 Cr
- Revenue Growth 44.96%
- Profit Growth 70.65%
- Ebitda 123.39%
- Net Worth -21.91%
- Total Assets -24.26%
About Global Incubation Services
Global Incubation Services (GIS) is a Private Not For Profit Company incorporated in India on 05 October 2009 and has a history of 15 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Travel And Hospitality 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 1.00 Cr and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹1.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Balasubramanian Menon, Suresh Bhojaraj, Shivanna Subbappa, and Two other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U93000KA2009NPL051086
- Company No.
051086
- Company Classification
Private Not For Profit Company
- Incorporation Date
05 Oct 2009
- Date of AGM
21 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Travel and Hospitality
Who are the key members and board of directors at Global Incubation Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balasubramanian Menon  | Managing Director | 05-Oct-2009 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suresh Bhojaraj | Director | 12-Nov-2024 | Current |
| Halasur Mahadevaswamy | Director | 05-May-2021 | Current |
| Chandrashekhar Betsurmath | Director | 26-Oct-2016 | Current |
| Shivanna Subbappa | Director | 05-Oct-2009 | Current |
Financial Performance of Global Incubation Services.
Global Incubation Services, for the financial year ended 2023, experienced significant growth in revenue, with a 44.96% increase. The company also saw a substantial improvement in profitability, with a 70.65% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Global Incubation Services?
In 2021, Global Incubation Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sparkle Cine FoundationSuresh Bhojaraj, Shivanna Subbappa and 1 more are mutual person
Zinniea Consultants Private LimitedSuresh Bhojaraj is a mutual person
- Jss Education Foundation Private Limited
Suresh Bhojaraj, Shivanna Subbappa and 1 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1.65 Cr
Charges Breakdown by Lending Institutions
- Syndicate Bank : 1.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 2010 | Syndicate Bank | ₹1.65 Cr | Satisfied |
How Many Employees Work at Global Incubation Services?
Global Incubation Services has a workforce of 6 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Global Incubation Services, 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 Incubation Services's trajectory.
Rating
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
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 Incubation Services
Recent activity within the organization
- Director Appointment
Suresh Panjoomal Bhojaraj was appointed as a Director was appointed as a Director on 12 Nov 2024 & has been associated with this company since 3 months 22 days .
- Annual General Meeting
Global Incubation Services last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.
- Balance Sheet
Global Incubation Services has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Halasur Rudrappa Mahadevaswamy was appointed as a Director was appointed as a Director on 05 May 2021 & has been associated with this company since 3 years 9 months .
- Charges
A charge registered on 07 Sep 2010 via Charge ID 10253619 with Syndicate Bank was fully satisfied on 22 Nov 2017.
- Director Appointment
Chandrashekhar Gangayya Betsurmath was appointed as a Director was appointed as a Director on 26 Oct 2016 & has been associated with this company since 8 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Global Incubation Services?
Global Incubation Services was incorporated on 05 Oct 2009.
What is authorized share capital and paid-up capital of Global Incubation Services?
The authorized share capital of Global Incubation Services is ₹ 1.00 Cr and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Global Incubation Services?
Currently 5 directors are associated with Global Incubation Services.
- Balasubramanian Padinjare Kolath Menon
- Suresh Panjoomal Bhojaraj
- Shivanna Putta Subbappa
- Halasur Rudrappa Mahadevaswamy
- Chandrashekhar Gangayya Betsurmath
What is the registered address of Global Incubation Services?
As per Ministry of Corporate Affairs (Mca), the registered address of Global Incubation Services is Ca Site No.1 Hal 3Rd Stage Behind Hotel Leela Palace, Kodihalli India, Bangalore, Karnataka, 560008.
What is the corporate identification number (CIN) and company number of Global Incubation Services?
The corporate identification number (CIN) of Global Incubation Services is U93000KA2009NPL051086 and the company number is 051086 as per Ministry of Corporate Affairs (MCA).
What is the official website of Global Incubation Services?
The Official website of Global Incubation Services is https://www.ginserv.in
What has been the recent revenue trend for Global Incubation Services?
According to the financial reports for the fiscal year 2023, the revenue trend for Global Incubation Services has risen by 44.96%.
How many employees does Global Incubation Services currently have?
As Per 2023 financial reports, 6 employees are currently employed by Global Incubation Services.
What change has been observed in the net worth of Global Incubation Services, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Global Incubation Services has experienced an downturn of -21.91%.
When was the last Balance Sheet of Global Incubation Services filed with the ROC?
The most recent Balance Sheet for Global Incubation Services was filed with the ROC on 31 Mar 2024.
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