Globe Precision Industries Pvt Ltd

Manufacturer of axles, gears, and shafts for tractors and automotive applications.

1986 | Solan, Himachal Pradesh (India) | Active
Last Updated: July 08, 2024

Globe Precision Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 67.46 Cr
  • Satisfied Charges ₹ 44.45 Cr
  • Revenue Growth 35.13%
  • Profit Growth 27.87%
  • Ebitda 25.74%
  • Net Worth 21.07%
  • Total Assets 5.30%

About Globe Precision Industries

Globe Precision Industries Pvt Ltd (GPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 1986 and has a history of 38 years and five months. Its registered office is in Solan, Himachal Pradesh, India.

The Company is engaged in the Automotive 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 1.50 Cr and a paid-up capital of Rs 1.40 Cr.

The company currently has active open charges totaling ₹67.46 Cr. The company has closed loans amounting to ₹44.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Urmil Aggarwal and Vinod Aggarwal serve as directors at the Company.

Company Details

  • Location

    Solan, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29211HP1986PTC007017

  • Company No.

    007017

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Automotive

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

Board Members (2)

NameDesignationAppointment DateStatus
Urmil Aggarwal Country flag representing In Whole-Time Director 27-Feb-1995Current
Vinod Aggarwal Country flag representing In Director 27-Feb-1995Current

Financial Performance of Globe Precision Industries.

Globe Precision Industries Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 35.13% increase. The company also saw a substantial improvement in profitability, with a 27.87% increase in profit. The company's net worth Soared by an impressive increase of 21.07%.

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
35.13%
Revenue from Operations
35.14%
Total Assets
5.30%
Profit or Loss
27.87%
Net Worth
21.07%
EBITDA
25.74%

What is the Ownership and Shareholding Structure of Globe Precision Industries?

In 2023, Globe Precision Industries had a promoter holding of 57.26% and a public holding of 42.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹67.46 Cr

Satisfied Charges

₹44.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 60.83 Cr
  • Sidbi : 5.94 Cr
  • Hdfc Bank Limited : 0.49 Cr
  • Yes Bank Limited : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
21 Feb 2024Others₹4.60 MOpen
31 Aug 2023Others₹10.00 CrOpen
19 Jul 2023Others₹0.85 MOpen
28 Mar 2023Sidbi₹2.62 CrOpen
16 Dec 2022Others₹1.65 MOpen

How Many Employees Work at Globe Precision Industries?

Globe Precision Industries has a workforce of 491 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 Precision Industries, 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 Precision Industries'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 Precision Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.46 Cr with Charge ID 100878782 was registered on 21 Feb 2024.

    21 Feb 2024

  • Annual General Meeting

    Globe Precision Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100781853 was registered on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge registered on 16 Mar 2017 via Charge ID 100083321 with Others was fully satisfied on 26 Jul 2023.

    26 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100760865 was registered on 19 Jul 2023.

    19 Jul 2023

  • Balance Sheet

    Globe Precision Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

    31 Mar 2023

Frequently asked questions

  • Globe Precision Industries Pvt Ltd was incorporated on 17 Sep 1986.

  • The authorized share capital of Globe Precision Industries Pvt Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 1.40 Cr.

  • Currently 2 directors are associated with Globe Precision Industries Pvt Ltd.

    • Urmil Aggarwal
    • Vinod Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Globe Precision Industries Pvt Ltd is Plot No 11 Industrial Areabaddi Distt Solan, Himachal Pradesh, India.

  • The corporate identification number (CIN) of Globe Precision Industries Pvt Ltd is U29211HP1986PTC007017 and the company number is 007017 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Globe Precision Industries Pvt Ltd has risen by 35.13%.

  • As Per 2023 financial reports, 491 employees are currently employed by Globe Precision Industries Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Globe Precision Industries Pvt Ltd has experienced an upsurge of 21.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Globe Precision Industries Pvt Ltd amount to ₹ 67.46 Cr.

  • The most recent Balance Sheet for Globe Precision Industries Pvt Ltd was filed with the ROC on 31 Mar 2023.

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