
About GLB Assure Private Limited
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GLB Assure Private Limited is a private limited company based in Gurugram, Haryana, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 26 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93000HR2018PTC104195. Its GSTIN is 29AAHCG5630Q1ZY (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Manish Vij (Managing Director) and Vikas Kuthiala.
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 5th Floor Tower A Bptp Park Centra Building National Highway 8 Sector – 30 Silokhera, Gurugram, Haryana, India – 122001.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.99 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹5.41 Cr (net margin 9.2%) and EBITDA of ₹7.14 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 894% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Global Assure. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2024. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 5 micro and small suppliers.
GLB Assure Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0069894). For more details, the company can be reached via its website globalassure.com.
Company details
CIN history
GLB Assure has one previous CIN (Corporate Identification Number): U93000DL2018PTC342117. The current CIN is U93000HR2018PTC104195, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000HR2018PTC104195 | Current |
| U93000DL2018PTC342117 | Previous |
Recognitions & Rankings of GLB Assure
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0069894
Contact details
GLB Assure Private Limited's registered office is in Gurugram, Haryana. Its website is globalassure.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address5th Floor Tower A Bptp Park Centra Building National Highway 8 Sector – 30 Silokhera, Gurugram, Haryana, India – 122001
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of GLB Assure Private 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
GLB Assure operates one associated brand: Global Assure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive roadside assistance services for drivers in need. | globalassure.com |
Business activity
The main business activity of GLB Assure 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 GLB Assure Private Limited, buy the company report.
Financials of GLB Assure Private Limited
FY 2024 filings availableGLB Assure Private Limited reported revenue of ₹58.99 Cr (up 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 894% over five years, including 85% growth in the latest year. EBITDA rose 83% 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 | ₹7.14 Cr | ||||
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| Net Profit (PAT) | ₹5.41 Cr | ||||
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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 | 12.1% | ||||
| Net Profit Margin | 9.2% | ||||
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To see the full financial statements and ratios of GLB Assure Private Limited, buy the company report.
Board of directors of GLB Assure Private Limited
GLB Assure has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Vij | Managing Director | 26 Nov 2018 | 7 Years 11 Months | Current |
| Vikas Kuthiala Also directs: Mountain Promoters Private Limited, Fourseven Services Private Limited, Kmunotag Private Limited and 1 more | Director | 26 Nov 2018 | 7 Years 11 Months | Current |
Auditor
GLB Assure Private Limited is audited by SMS AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SMS AND ASSOCIATES | FY 2023 | 018687N |
Shareholding
The shareholding of GLB Assure Private 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 GLB Assure Private Limited, buy the company report.
Deals & funding
GLB Assure Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Sproutus Ventures LLP Seller: an individual |
| Apr 2019 | Rights issue | ₹75 Lakh | Investors: 3 individuals |
| Mar 2019 | Rights issue | ₹9.2 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
GLB Assure Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Court case (TRAFFIC) | Filed against the company by State of Haryana | Disposed |
To see the full case history of GLB Assure Private 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
GLB Assure Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Toutche Electric Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Automotiveis De Cristal LLP | |||
| Dhriti Automotive LLP |
To see the full MSME payment records of GLB Assure Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
GLB Assure Private Limited has a workforce of 71 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
GLB Assure has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG5630Q1ZY | Karnataka | Active | 28 Nov 2024 |
To see the full GST registrations and return filing status of GLB Assure Private Limited, buy the company report.
Recent activity
GLB Assure Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Manish Vij was appointed as Managing Director on 26 Nov 2018.
Frequently asked questions
GLB Assure is an active private limited company based in Gurugram, Haryana, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 26 November 2018 (8+ years old) and is registered under CIN U93000HR2018PTC104195.
GLB Assure has 2 current directors:
- Manish Vij - Managing Director
- Vikas Kuthiala - Director
The latest financial statements of GLB Assure 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 2019 are in the company report.
The GSTIN of GLB Assure is 29AAHCG5630Q1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of GLB Assure is U93000HR2018PTC104195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GLB Assure has 2 court cases on record: 2 filed against it. 1 is pending.
GLB Assure was incorporated on 26 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
GLB Assure has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2024.
Manish Vij was appointed as Managing Director on 26 Nov 2018. Vikas Kuthiala was appointed as Director on 26 Nov 2018.
Yes, GLB Assure is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, GLB Assure is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0069894).