Globals Ites Private Limited

IT solutions provider offering web, cloud, mobile, enterprise app, e-commerce, and product development services.

2005 | Bangalore, Karnataka (India) | Active
Last Updated:

Globals Ites Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.15 M
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.52 Cr
  • Satisfied Charges ₹ 2.16 Cr
  • Revenue Growth -54.18%
  • Profit Growth -97.08%
  • Ebitda -39.84%
  • Net Worth 0.44%
  • Total Assets 16.97%

About Globals Ites

Globals Ites Private Limited (GIPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 December 2005 and has a history of 19 years and two months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Information Technology 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 1.00 Cr and a paid-up capital of Rs 2.15 M.

The company currently has active open charges totaling ₹3.52 Cr. The company has closed loans amounting to ₹2.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suhas Gopinath, Amruta Desai, and Mysore Gopinath serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2005PTC037924

  • Company No.

    037924

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Globals Ites?

Executive Team (1)

NameDesignationAppointment DateStatus
Suhas Gopinath Country flag representing In Managing Director12-Dec-2005Current

Board Members (2)

NameDesignationAppointment DateStatus
Amruta Desai Country flag representing In Director 22-Jul-2020Current
Mysore Gopinath Country flag representing In Director 17-Mar-2022Current

Financial Performance of Globals Ites.

Globals Ites Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 54.18% decrease. The company also saw a substantial fall in profitability, with a 97.08% decrease in profit. The company's net worth moved up by a moderate rise of 0.44%.

Globals Ites revenue growth over time
Globals Ites 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
-54.18%
Revenue from Operations
-54.53%
Total Assets
16.97%
Profit or Loss
-97.08%
Net Worth
0.44%
EBITDA
-39.84%

What is the Ownership and Shareholding Structure of Globals Ites?

In 2023, Globals Ites 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

₹3.52 Cr

Satisfied Charges

₹2.16 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 3.52 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2020Indian Overseas Bank₹3.52 CrOpen
28 Feb 2013Indian Overseas Bank₹1.91 CrSatisfied
21 Jan 2009State Bank Of India₹2.47 MSatisfied

How Many Employees Work at Globals Ites?

Globals Ites has a workforce of 30 employees as of Apr 08, 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.

Employee growth trends for Globals Ites Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Globals Ites, 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 Globals Ites'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 Globals Ites

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank of Rs. 3.52 Cr registered on 24 Jun 2020 with Charge ID 100354598 was modified on 16 Jan 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Globals Ites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge registered on 28 Feb 2013 via Charge ID 10412746 with Indian Overseas Bank was fully satisfied on 21 Dec 2022.

  • Director Appointment

    Mysore Raghvendra Rao Gopinath was appointed as a Director was appointed as a Director on 17 Mar 2022 & has been associated with this company since 2 years 11 months .

  • Charges

    A charge with Indian Overseas Bank of Rs. 1.91 Cr registered on 28 Feb 2013 with Charge ID 10412746 was modified on 08 Feb 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Globals Ites Private Limited?

    Globals Ites Private Limited was incorporated on 12 Dec 2005.

  • What is authorized share capital and paid-up capital of Globals Ites Private Limited?

    The authorized share capital of Globals Ites Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.15 M.

  • Who are the current board members & directors of Globals Ites Private Limited?

    Currently 3 directors are associated with Globals Ites Private Limited.

    • Suhas Gopinath
    • Amruta Anil Desai
    • Mysore Raghvendra Rao Gopinath

  • What is the registered address of Globals Ites Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Globals Ites Private Limited is No.12 5Th FloorSamanvitha Complex Mayura Street Badrappa LayoutOuter Ring RoadNagashet, Ty Halli, Bangalore, Karnataka, India, 560094.

  • What is the corporate identification number (CIN) and company number of Globals Ites Private Limited?

    The corporate identification number (CIN) of Globals Ites Private Limited is U72200KA2005PTC037924 and the company number is 037924 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Globals Ites Private Limited?

    The Official website of Globals Ites Private Limited is https://www.globalsinc.com

  • What has been the recent revenue trend for Globals Ites Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Globals Ites Private Limited has fallen by -54.18%.

  • How many employees does Globals Ites Private Limited currently have?

    As Per 2023 financial reports, 30 employees are currently employed by Globals Ites Private Limited.

  • What change has been observed in the net worth of Globals Ites Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Globals Ites Private Limited has experienced an upsurge of 0.44%.

  • What are the total open charges for Globals Ites Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Globals Ites Private Limited amount to ₹ 3.52 Cr.

  • When was the last Balance Sheet of Globals Ites Private Limited filed with the ROC?

    The most recent Balance Sheet for Globals Ites Private Limited was filed with the ROC on 31 Mar 2023.

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