GLB Assure Private Limited - travel and hospitality in Gurugram, Haryana, India. FY 2026 financials & compliance.
CIN U93000HR2018PTC104195 Incorporated 26 November 2018 ROC Delhi HQ Gurugram, Haryana, India
Active Private Limited Company travel and hospitality DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2024
₹58.99 Cr
▲ 85% YoY
Net profit · FY 2024
₹5.41 Cr
Net margin 9.2%
EBITDA · FY 2024
₹7.14 Cr
EBITDA margin 12.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
71
Provident fund records
Directors on board
2
As per MCA filings

About GLB Assure Private Limited

Data last updated:

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 U93000HR2018PTC104195
Registration Number 104195
Incorporation Date 26 November 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-HR-05-0069894

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.

CINStatus
U93000HR2018PTC104195Current
U93000DL2018PTC342117Previous

Recognitions & Rankings of GLB Assure

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
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
  • Apps
  • Registered Address
    5th Floor Tower A Bptp Park Centra Building National Highway 8 Sector – 30 Silokhera, Gurugram, Haryana, India – 122001
  • Industry
    Travel and Hospitality, Consumer Professional Services

To see the full contact details of GLB Assure Private Limited, buy the company report.

Comprehensive company report
GLB Assure Private Limited - one report that includes everything
  • 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
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Brands

GLB Assure operates one associated brand: Global Assure. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other 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 available

GLB Assure Private Limited reported revenue of ₹58.99 Cr (up 85% YoY) for FY 2024.

Revenue · FY 2024
₹58.99 Cr ▲ 85%
Net profit · FY 2024
₹5.41 Cr margin 9.2%
EBITDA · FY 2024
₹7.14 Cr margin 12.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 72%
5 years · compounded
▲ 894%
EBITDA CAGR growth
1 year
▲ 83%
3 years · compounded
▲ 62%
5 years · compounded
▲ 138%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹7.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.41 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin12.1%
Net Profit Margin9.2%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Manish VijManaging Director26 Nov 20187 Years 11 MonthsCurrent
Vikas KuthialaDirector26 Nov 20187 Years 11 MonthsCurrent

Auditor

GLB Assure Private Limited is audited by SMS AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SMS AND ASSOCIATESFY 2023018687N

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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.

Total deals
3
Rights issues
2
Secondary share transfer
1

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: Sproutus Ventures LLP
Seller: an individual
Apr 2019Rights issue₹75 LakhInvestors: 3 individuals
Mar 2019Rights issue₹9.2 LakhInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

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)

SupplierAmount dueDue sinceReported 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.

Employee count
71
Active EPFO establishments
1
Employee growth
42%

GST

GLB Assure has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCG5630Q1ZYKarnatakaActive28 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.

AGM
Glb Assure Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Glb Assure Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Manish Vij was appointed as Managing Director.
Appointed
Vikas Kuthiala was appointed as Director.
Incorporation
26 Nov 2018
Glb Assure Private Limited was registered on 26 Nov 2018 with Roc Delhi & aged 7 years 11 months as per MCA records.

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:

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).