Globevein Business Solutions Private Limited
About Globevein Business Solutions Private Limited
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Globevein Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 09 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC128563.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Baljinder Singh and Sojo Paul.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 39 2nd Floor Suite # 586 Ngef Lane Indiranagar First Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.48 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹5.89 Lakh (net margin -69.4%) and EBITDA of -₹5.84 Lakh (EBITDA margin -68.9%).
Company details
Contact details
Globevein Business Solutions Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address39 2nd Floor Suite # 586 Ngef Lane Indiranagar First Stage, Bangalore, Karnataka, India – 560038
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Globevein Business Solutions Private Limited
FY 2024 filings availableGlobevein Business Solutions Private Limited reported revenue of ₹8.48 Lakh (down 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year. EBITDA fell 232% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.84 Lakh | ||||
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| Net Profit (PAT) | -₹5.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -68.9% | ||||
| Net Profit Margin | -69.4% | ||||
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To see the full financial statements and ratios of Globevein Business Solutions Private Limited, buy the company report.
Board of directors of Globevein Business Solutions Private Limited
Globevein Business Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baljinder Singh Also directs: Ohi Operations Private Limited, BMR Development Private Limited, Premium Automobile Export Trading Private Limited and 5 more | Director | 09 Oct 2019 | 7 Years 1 Months | Current |
| Sojo Paul | Director | 09 Oct 2019 | 7 Years 1 Months | Current |
| Priyanka Purushothaman | Director | 29 Oct 2021 | 5 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Globevein Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Globevein Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Globevein Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Globevein Business Solutions Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Priyanka Purushothaman ceased to be Additional Director on 29 Sep 2022.
Frequently asked questions
Globevein Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 09 October 2019 (7+ years old) and is registered under CIN U74999KA2019PTC128563.
Globevein Business Solutions has 3 current directors:
- Baljinder Singh - Director
- Sojo Paul - Director
- Priyanka Purushothaman - Director
The latest financial statements of Globevein Business Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Globevein Business Solutions is U74999KA2019PTC128563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globevein Business Solutions was incorporated on 09 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Priyanka Purushothaman ceased to be Additional Director on 29 Sep 2022. Priyanka Purushothaman was appointed as Director on 29 Oct 2021. Baljinder Singh ceased to be Director on 23 Oct 2020. Globevein Business Solutions has 5 board changes on record in total.
The registered office of Globevein Business Solutions is at 39 2nd Floor Suite # 586 Ngef Lane Indiranagar First Stage, Bangalore, Karnataka, India – 560038.
Globevein Business Solutions operates in the business services industry, in the miscellaneous business activities segment.
Globevein Business Solutions can be reached at its registered office: 39 2nd Floor Suite # 586 Ngef Lane Indiranagar First Stage, Bangalore, Karnataka, India – 560038.
Globevein Business Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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