Globals Ites Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 16-07-2024
- Paid Up Capital ₹ 2.15 M
as on 16-07-2024
- Company Age 19 Year, 9 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.52 Cr
as on 16-07-2024
- Satisfied Charges ₹ 2.16 Cr
as on 16-07-2024
- Revenue -54.18%
(FY 2023)
- Profit -97.08%
(FY 2023)
- Ebitda -39.84%
(FY 2023)
- Net Worth 0.44%
(FY 2023)
- Total Assets 16.97%
(FY 2023)
About Globals Ites
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.
- 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
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Globals Ites?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suhas Gopinath  | Managing Director | 12-Dec-2005 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amruta Desai | Director | 22-Jul-2020 | Current |
| Mysore Gopinath | Director | 17-Mar-2022 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Hyperkonnect Technologies Private LimitedActive 9 years 4 monthsSuhas Gopinath and Amruta Desai are mutual person
Hyperkonnect Financial Services Private LimitedActive 5 years 3 monthsSuhas Gopinath is a mutual person
- Hachiko Technologies Private LimitedActive 9 years 4 months
Amruta Desai and Mysore Gopinath are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Overseas Bank Creation Date: 24 Jun 2020 | ₹3.52 Cr | Open |
Indian Overseas Bank Creation Date: 28 Feb 2013 | ₹1.91 Cr | Satisfied |
State Bank Of India Creation Date: 21 Jan 2009 | ₹2.47 M | Satisfied |
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.
Deals i
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
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.
