Globe Cotyarn Private Limited

Textile company specializing in trading, manufacturing, and stitching of cotton, yarn, and fabrics.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated: June 17, 2024

Globe Cotyarn Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.69 Cr
  • Company Age 23 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 68.05 Cr
  • Satisfied Charges ₹ 45.21 Cr
  • Revenue Growth -46.59%
  • Profit Growth -80.68%
  • Ebitda -74.42%
  • Net Worth 1.51%
  • Total Assets -17.22%

About Globe Cotyarn

Globe Cotyarn Private Limited (GCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 January 2002 and has a history of 23 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Goods 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 12.00 Cr and a paid-up capital of Rs 11.69 Cr.

The company currently has active open charges totaling ₹68.05 Cr. The company has closed loans amounting to ₹45.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Globe Cotyarn Private Limited India is Sneha Suryavanshi as COMPANY SECRETARY. Ankit Jhunjhunwala and Kamlesh Chokhani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    globecot.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101MH2002PTC134689

  • Company No.

    134689

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Globe Cotyarn Private Limited offer?

Globe Cotyarn Private Limited offers a wide range of products and services, including Cotton, Organic Cotton.

Who are the key members and board of directors at Globe Cotyarn?

Executive Team (1)

NameDesignationAppointment DateStatus
Sneha Suryavanshi Company Secretary01-Nov-2014Current

Financial Performance of Globe Cotyarn.

Globe Cotyarn Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 46.59% decrease. The company also saw a substantial fall in profitability, with a 80.68% decrease in profit. The company's net worth moved up by a moderate rise of 1.51%.

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
-46.59%
Revenue from Operations
-46.59%
Total Assets
-17.22%
Profit or Loss
-80.68%
Net Worth
1.51%
EBITDA
-74.42%

What is the Ownership and Shareholding Structure of Globe Cotyarn?

In 2023, Globe Cotyarn 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

₹68.05 Cr

Satisfied Charges

₹45.21 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 47.05 Cr
  • Axis Bank Limited : 21.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jan 2022Axis Bank Limited₹21.00 CrOpen
13 Oct 2021Indian Overseas Bank₹5.00 CrOpen
17 Dec 2002Indian Overseas Bank₹42.05 CrOpen
15 Sep 2020Others₹8.21 CrSatisfied
07 May 2019Others₹10.00 CrSatisfied

How Many Employees Work at Globe Cotyarn?

Globe Cotyarn has a workforce of 174 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Globe Cotyarn, 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 Globe Cotyarn'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 Globe Cotyarn

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Globe Cotyarn Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 07 May 2019 via Charge ID 100265493 with Others was fully satisfied on 28 Apr 2022.

    28 Apr 2022

  • Charges

    A charge registered on 17 Aug 2006 via Charge ID 10088711 with Others was fully satisfied on 28 Apr 2022.

    28 Apr 2022

  • Charges

    A charge with Indian Overseas Bank of Rs. 42.05 Cr registered on 17 Dec 2002 with Charge ID 90144227 was modified on 25 Mar 2022.

    25 Mar 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 21.00 Cr registered on 01 Jan 2022 with Charge ID 100537515 was modified on 17 Feb 2022.

    17 Feb 2022

Frequently asked questions

  • What is the Incorporation or founding date of Globe Cotyarn Private Limited?

    Globe Cotyarn Private Limited was incorporated on 25 Jan 2002.

  • What is authorized share capital and paid-up capital of Globe Cotyarn Private Limited?

    The authorized share capital of Globe Cotyarn Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.69 Cr.

  • Who are the current board members & directors of Globe Cotyarn Private Limited?

    Currently 3 directors are associated with Globe Cotyarn Private Limited.

    • Sneha Shivaji Suryavanshi
    • Ankit Sajjan Jhunjhunwala
    • Kamlesh Magraj Chokhani
  • What is the registered address of Globe Cotyarn Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Globe Cotyarn Private Limited is B/701 Rustomjee Central Park Andheri Kurla Road Chakala Andheri Eas, T, Mumbai, Maharashtra, India, 400093.

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

    The corporate identification number (CIN) of Globe Cotyarn Private Limited is U18101MH2002PTC134689 and the company number is 134689 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Globe Cotyarn Private Limited?

    The Official website of Globe Cotyarn Private Limited is https://www.globecot.co.in

  • What has been the recent revenue trend for Globe Cotyarn Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Globe Cotyarn Private Limited has fallen by -46.59%.

  • How many employees does Globe Cotyarn Private Limited currently have?

    As Per 2023 financial reports, 174 employees are currently employed by Globe Cotyarn Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Globe Cotyarn Private Limited has experienced an upsurge of 1.51%.

  • What are the total open charges for Globe Cotyarn Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Globe Cotyarn Private Limited amount to ₹ 68.05 Cr.

  • When was the last Balance Sheet of Globe Cotyarn Private Limited filed with the ROC?

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