Globale Tessile Limited

Founded in 2017 and headquartered in Gujarat, India.

2017 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 28, 2024

Globale Tessile Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.62 Cr
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -73.83%
  • Profit Growth -74.19%
  • Ebitda -72.96%
  • Net Worth 51.87%
  • Total Assets -56.01%

About Globale Tessile

Globale Tessile Limited (GTL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 01 August 2017 (Seven years and six months 2 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Manufacturing 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 11.00 Cr and a paid-up capital of Rs 10.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Globale Tessile Limited India are Mili Desai as COMPANY SECRETARY and Rakshit Kumar as Cfo. Nehal Shah, Rahul Parekh, Anand Parekh, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299GJ2017PLC098506

  • Company No.

    098506

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Aug 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Globale Tessile?

Executive Team (3)

Name Designation Appointment Date Status
Jeetmal Parekh Country flag representing In Managing Director 01-Aug-2017 Current
Mili Desai Company Secretary 30-Apr-2024 Current
Rakshit Kumar CFO 02-May-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Rahul Parekh Country flag representing In Director 01-Aug-2017 Current
Nehal Shah Country flag representing In Additional Director 02-May-2024 Current
Anand Parekh Country flag representing In Director 14-Nov-2022 Current
Sangita Shingi Country flag representing In Additional Director 02-May-2024 Current
Indra Singhvi Country flag representing In Additional Director 02-May-2024 Current

Financial Performance of Globale Tessile.

Globale Tessile Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 73.83% decrease. The company also saw a substantial fall in profitability, with a 74.19% decrease in profit. The company's net worth Soared by an impressive increase of 51.87%.

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
-73.83%
Revenue from Operations
-73.83%
Total Assets
-56.01%
Profit or Loss
-74.19%
Net Worth
51.87%
EBITDA
-72.96%

What is the Ownership and Shareholding Structure of Globale Tessile?

In 2023, Globale Tessile 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Globale Tessile?

Unlock and access historical data on people associated with Globale Tessile, 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 Globale Tessile, 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 Globale Tessile'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 Globale Tessile

Recent activity within the organization

  • Director Appointment

    Nehal Mayurbhai Shah was appointed as a Additional Director was appointed as a Additional Director on 02 May 2024 & has been associated with this company since 9 months 1 day .

    02 May 2024

  • Director Appointment

    Sangita Shingi was appointed as a Additional Director was appointed as a Additional Director on 02 May 2024 & has been associated with this company since 9 months 1 day .

    02 May 2024

  • Director Appointment

    Indra Balveermal Singhvi was appointed as a Additional Director was appointed as a Additional Director on 02 May 2024 & has been associated with this company since 9 months 1 day .

    02 May 2024

  • Director Appointment

    Rakshit Kumar was appointed as a Cfo was appointed as a Cfo on 02 May 2024 & has been associated with this company since 9 months 1 day .

    02 May 2024

  • Director Appointment

    Mili Pinakin Desai was appointed as a Company Secretary was appointed as a Company Secretary on 30 Apr 2024 & has been associated with this company since 9 months 3 days .

    30 Apr 2024

  • Annual General Meeting

    Globale Tessile Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Globale Tessile Limited was incorporated on 01 Aug 2017.

  • The authorized share capital of Globale Tessile Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.62 Cr.

  • Currently 8 directors are associated with Globale Tessile Limited.

    • Nehal Mayurbhai Shah
    • Rahul Jeetmal Parekh
    • Anand Jeetmal Parekh
    • Jeetmal Bhoorchand Parekh
    • Sangita Shingi
    • Indra Balveermal Singhvi
    • Mili Pinakin Desai
    • Rakshit Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Globale Tessile Limited is Ysl Avenue Opp. Ketav Petrol Pump Polytechnic Road Ambawadi, India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Globale Tessile Limited is U17299GJ2017PLC098506 and the company number is 098506 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Globale Tessile Limited has fallen by -73.83%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Globale Tessile Limited has experienced an upsurge of 51.87%.

  • The most recent Balance Sheet for Globale Tessile Limited was filed with the ROC on 31 Mar 2023.

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