Globe Spinning Mills Private Limited

Founded in 1990 and headquartered in Maharashtra, India.

1990 | Thane, Maharashtra (India) | Active
Last Updated: December 15, 2024

Globe Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.57 M
  • Company Age 34 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.65 M
  • Revenue Growth 110.33%
  • Profit Growth 14.38%
  • Ebitda -249.77%
  • Net Worth -35.57%
  • Total Assets 2.85%

About Globe Spinning Mills

Globe Spinning Mills Private Limited (GSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 May 1990 and has a history of 34 years and eight months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.57 M.

The company has closed loans amounting to ₹7.65 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ketan Chudawala and Bhavana Chudawala serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120MH1990PTC056470

  • Company No.

    056470

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile

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

Board Members (2)

NameDesignationAppointment DateStatus
Ketan Chudawala Country flag representing In Director 26-Sep-1994Current
Bhavana Chudawala Country flag representing In Director 01-Jan-1999Current

Financial Performance of Globe Spinning Mills.

Globe Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 110.33% increase. The company also saw a substantial improvement in profitability, with a 14.38% increase in profit. The company's net worth observed a substantial decline by a decrease of 35.57%.

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
110.33%
Revenue from Operations
110.33%
Total Assets
2.85%
Profit or Loss
14.38%
Net Worth
-35.57%
EBITDA
-249.77%

What is the Ownership and Shareholding Structure of Globe Spinning Mills?

In 2020, Globe Spinning Mills 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

₹0

Satisfied Charges

₹0.77 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.40 Cr
  • Citi Bank N.A. : 0.37 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2009Citi Bank N.A.₹3.65 MSatisfied
10 Oct 1990Bank Of Baroda₹4.00 MSatisfied

How Many Employees Work at Globe Spinning Mills?

Unlock and access historical data on people associated with Globe Spinning Mills, 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 Globe Spinning Mills, 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 Spinning Mills'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 Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Globe Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Globe Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 31 Jan 2009 via Charge ID 10147100 with Citi Bank N.A. was fully satisfied on 15 Apr 2015.

    15 Apr 2015

  • Charges

    A charge registered on 10 Oct 1990 via Charge ID 90358398 with Bank Of Baroda was fully satisfied on 13 Apr 2013.

    13 Apr 2013

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 0.37 Cr with Charge ID 10147100 was registered on 31 Jan 2009.

    31 Jan 2009

  • Director Appointment

    Bhavana Ketan Chudawala was appointed as a Director was appointed as a Director on 01 Jan 1999 & has been associated with this company since 26 years 30 days .

    01 Jan 1999

Frequently asked questions

  • Globe Spinning Mills Private Limited was incorporated on 10 May 1990.

  • The authorized share capital of Globe Spinning Mills Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.57 M.

  • Currently 2 directors are associated with Globe Spinning Mills Private Limited.

    • Ketan Bhishmakumar Chudawala
    • Bhavana Ketan Chudawala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Globe Spinning Mills Private Limited is B-801 Mv Everest Ravi Compound Near Hariniwas (W), India, Thane, Maharashtra, 400602.

  • The corporate identification number (CIN) of Globe Spinning Mills Private Limited is U17120MH1990PTC056470 and the company number is 056470 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Globe Spinning Mills Private Limited has risen by 110.33%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Globe Spinning Mills Private Limited has experienced an downturn of -35.57%.

  • The most recent Balance Sheet for Globe Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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