Glonet Marketing Pvt Ltd

Global exporter of engineering and agriculture machinery with ISO certifications and international presence.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated: January 02, 2025

Glonet Marketing Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 10.18 Cr
  • Revenue Growth -30.02%
  • Profit Growth -80.62%
  • Ebitda -677.28%
  • Net Worth 1.09%
  • Total Assets 1.18%

About Glonet Marketing

Glonet Marketing Pvt Ltd (GMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 1991 and has a history of 33 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Agriculture 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹10.18 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Usha Tiku, Kiritkumar Joshi, and Alok Tiku serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    glonet-india.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1991PTC063324

  • Company No.

    063324

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

What products or services does Glonet Marketing Pvt Ltd offer?

Glonet Marketing Pvt Ltd offers a wide range of products and services, including Machines & Equipments, Industrial Machinery, Irrigation and Harvesting Machines, Thresher, Agricultural Equipment, Agricultural Implements, Tractor, Mini Tractors, Custom Clearing Service, Import Clearance Services.

Who are the key members and board of directors at Glonet Marketing?

Board Members (3)

Name Designation Appointment Date Status
Usha Tiku Country flag representing In Director 01-Apr-2023 Current
Kiritkumar Joshi Country flag representing In Director 14-Dec-2010 Current
Alok Tiku Country flag representing In Director 14-Dec-2010 Current

Financial Performance of Glonet Marketing.

Glonet Marketing Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 30.02% decrease. The company also saw a substantial fall in profitability, with a 80.62% decrease in profit. The company's net worth moved up by a moderate rise of 1.09%.

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
-30.02%
Revenue from Operations
-32.67%
Total Assets
1.18%
Profit or Loss
-80.62%
Net Worth
1.09%
EBITDA
-677.28%

What is the Ownership and Shareholding Structure of Glonet Marketing?

In 2021, Glonet Marketing had a promoter holding of 3.54% and a public holding of 96.46%. 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

₹101.78 M

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 8.46 Cr
  • State Bank Of India : 1.25 Cr
  • The Jammu & Kashimir Bank Limited : 0.45 Cr
  • Anz Grindlays Bank Limited : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
16 Apr 2021 State Bank Of India ₹1.25 Cr Satisfied
17 Jun 2011 Oriental Bank Of Commerce ₹1.38 Cr Satisfied
25 Aug 2007 Oriental Bank Of Commerce ₹8.00 M Satisfied
01 Jan 1998 Oriental Bank Of Commerce ₹1.20 Cr Satisfied
01 Jan 1998 Oriental Bank Of Commerce ₹1.25 Cr Satisfied

How Many Employees Work at Glonet Marketing?

Glonet Marketing has a workforce of 6 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 Glonet Marketing, 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 Glonet Marketing'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 Glonet Marketing

Recent activity within the organization

  • Annual General Meeting

    Glonet Marketing Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Glonet Marketing Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 16 Apr 2021 via Charge ID 100441178 with State Bank Of India was fully satisfied on 21 Sep 2023.

    21 Sep 2023

  • Director Appointment

    Usha Ashokkumar Tiku was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 12.50 M with Charge ID 100441178 was registered on 16 Apr 2021.

    16 Apr 2021

  • Charges

    A charge registered on 17 Jun 2011 via Charge ID 10291614 with Oriental Bank Of Commerce was fully satisfied on 29 Dec 2020.

    29 Dec 2020

Frequently asked questions

  • Glonet Marketing Pvt Ltd was incorporated on 19 Sep 1991.

  • The authorized share capital of Glonet Marketing Pvt Ltd is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Glonet Marketing Pvt Ltd.

    • Usha Ashokkumar Tiku
    • Kiritkumar Jayantilal Joshi
    • Alok Tiku
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glonet Marketing Pvt Ltd is 406 Kalpataru Plaza Chincholi Bunder Road Malad (West), India, Mumbai, Maharashtra, 400064.

  • The corporate identification number (CIN) of Glonet Marketing Pvt Ltd is U51900MH1991PTC063324 and the company number is 063324 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glonet Marketing Pvt Ltd is https://www.glonet-india.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Glonet Marketing Pvt Ltd has fallen by -30.02%.

  • As Per 2022 financial reports, 6 employees are currently employed by Glonet Marketing Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Glonet Marketing Pvt Ltd has experienced an upsurge of 1.09%.

  • The most recent Balance Sheet for Glonet Marketing Pvt Ltd was filed with the ROC on 31 Mar 2024.

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