About Baroda Global Shared Services Limited
Data last updated:
Baroda Global Shared Services Limited is a public limited union government company based in Mumbai, Maharashtra, India, a subsidiary of Bank Of Baroda. It operates in the business support services segment of the business services sector. It was incorporated on 15 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017GOI292430. Its GSTIN is 27AAHCB1294M2ZA (Maharashtra). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.96 Cr. It is led by directors including Sumit Mamak Chadha (Managing Director) and Bhaskar Niyogi.
Its last annual general meeting (AGM) was held on 06 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th Floor Baroda Sun Tower C – 34 G – Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹285.14 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹16 Cr (net margin 5.6%) and EBITDA of ₹20.83 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 50% over five years.
The company has about 3,384 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Baroda Global Shared Services and Vitapharmaceuticals. As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 rights issue); the latest was in March 2017. The company has 3 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bgss.in.
Company details
Contact details
Baroda Global Shared Services Limited's registered office is in Mumbai, Maharashtra. Its website is bgss.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor Baroda Sun Tower C – 34 G – Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryBusiness Services, Business Support Services
To see the full contact details of Baroda Global Shared Services Limited, buy the company report.
- 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
Brands
Baroda Global Shared Services operates two associated brands: Baroda Global Shared Services and Vitapharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as a commercial bank offering deposits, loans, and payments. | bgss.in | |
| Pharmaceutical franchising and manufacturing services are offered in India. | vitapharmaceuticals.in |
Business activity
The main business activity of Baroda Global Shared Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Baroda Global Shared Services Limited, buy the company report.
Financials of Baroda Global Shared Services Limited
FY 2025 filings availableBaroda Global Shared Services Limited reported revenue of ₹285.14 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 50%. EBITDA fell 21% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Baroda Global Shared Services Limited, buy the company report.
Board of directors of Baroda Global Shared Services Limited
Baroda Global Shared Services has 8 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshadkumar Tribhovan Solanki | Nominee Director | 06 Mar 2025 | 1 Years 7 Months | Current |
| Bhaskar Niyogi | Director | 13 Jul 2017 | 9 Years 3 Months | Current |
| Sandeep Dhar Also directs: Aidiator Solutions LLP, Northern Arc Capital Limited | Director | 27 Mar 2024 | 2 Years 7 Months | Current |
| Prabhat Kumar Sharma | Nominee Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Lal Singh Tanwar | Nominee Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Sumit Mamak Chadha | Managing Director | 07 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Baroda Global Shared Services Limited is audited by Singhvi & Sancheti for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhvi & Sancheti | FY 2023 | 110286W |
Shareholding
The shareholding of Baroda Global Shared Services Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Baroda Global Shared Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2025 | 101216354 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Baroda Global Shared Services Limited has 1 deal on record (1 rights issue); the latest was in March 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Rights issue | ₹9.91 Cr | Investors: BANK OF BARODA |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Baroda Global Shared Services Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed against the company by Ideal Beverages and Catering LLP Through Partner Abhishek R Govekar | Disposed |
To see the full case history of Baroda Global Shared Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Baroda Global Shared Services Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pearls & Swaraaj Collser Private Limited | |||
| an individual supplier | |||
| Acenna Technology Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Baroda Global Shared Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Baroda Global Shared Services Limited has a workforce of 3,384 employees on its EPFO records as of Oct 13, 2024, across 1 active EPFO establishment.
GST
Baroda Global Shared Services has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCB1294M2ZA | Maharashtra | Active | 23 Aug 2017 |
| 27AAHCB1294M1DK | Maharashtra | Active | 29 Oct 2019 |
| 24AAHCB1294M1ZH | Gujarat | Active | 15 Aug 2017 |
| 36AAHCB1294M1ZC | Telangana | Active | 20 Feb 2019 |
To see the full GST registrations and return filing status of Baroda Global Shared Services Limited, buy the company report.
Recent activity
Baroda Global Shared Services Limited has 30 board changes on record since 2017: 10 appointments and 20 cessations. The latest: Samira Ranjan Panda was appointed as Nominee Director on 24 Dec 2025.
22 earlier events are in the company report.
Frequently asked questions
Baroda Global Shared Services is an active public limited union government company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 15 March 2017 (9+ years old) and is registered under CIN U74999MH2017GOI292430.
Baroda Global Shared Services has 8 current directors:
- Sumit Mamak Chadha - Managing Director
- Harshadkumar Tribhovan Solanki - Nominee Director
- Bhaskar Niyogi - Director
- Sandeep Dhar - Director
- Prabhat Kumar Sharma - Nominee Director
- Lal Singh Tanwar - Nominee Director
- Debashish Mukherjee - Additional Director
- Samira Ranjan Panda - Nominee Director
The latest financial statements of Baroda Global Shared Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 November 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Baroda Global Shared Services is 27AAHCB1294M2ZA, registered in Maharashtra. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCB1294M1DK (Maharashtra), 24AAHCB1294M1ZH (Gujarat), 36AAHCB1294M1ZC (Telangana).
The CIN (Corporate Identification Number) of Baroda Global Shared Services is U74999MH2017GOI292430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baroda Global Shared Services has 1 court case on record: 1 filed against it.
Baroda Global Shared Services was incorporated on 15 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Baroda Global Shared Services has 1 deal on record (1 rights issue); the latest was in March 2017.
Samira Ranjan Panda was appointed as Nominee Director on 24 Dec 2025. Debashish Mukherjee was appointed as Additional Director on 28 Aug 2025. Harshadkumar Tribhovan Solanki was appointed as Nominee Director on 06 Mar 2025. Baroda Global Shared Services has 30 board changes on record in total.
Baroda Global Shared Services has 3 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 11 micro and small suppliers. The latest return was filed on 05 Nov 2023.
Baroda Global Shared Services can be reached through the website bgss.in. Its registered office is in Mumbai, Maharashtra, India.