Global Development Initiative
About Global Development Initiative
Data last updated:
Global Development Initiative is a private not for profit company based in Lingaraj, Orissa, India. It operates in the support services segment of the services sector. It was incorporated on 24 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U85310OR2013NPL017494. Its GSTIN is 21AAFCG4006J1Z2 (Odisha). The company holds 2 GST registrations, of which 1 is active.
It is led by directors Ranjan Kumar Panda (Managing Director) and Kadir Afzalmiya Malik.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gdi House Plot No – Hig – 1/47 Bda Colony, Kapila Prasad Lingaraj Station Road Ps Airfield, Orissa, India – 751002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.44 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹6.29 Lakh (net margin -2.6%) and EBITDA of ₹7.03 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹75 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressGdi House Plot No – Hig – 1/47 Bda Colony, Kapila Prasad Lingaraj Station Road Ps Airfield, Orissa, India – 751002
- IndustryService, Other Support 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
- One PDF report, delivered after checkout
Business Activity of Global Development Initiative
The main business activity of Global Development Initiative is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Global Development Initiative FY 2025 filings available
Global Development Initiative reported revenue of ₹2.44 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Global Development Initiative
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 30% 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 of Global Development Initiative
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹7.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.29 Lakh | •••• | •••• | •••• | •••• |
| 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 of Global Development Initiative
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Global Development Initiative are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Global Development Initiative
Global Development Initiative is compared with the companies closest to it by revenue in the same principal business activity (Other support services to organizations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indian Biogas Association | ₹2.45 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| HBN Events Private Limited | ₹2.45 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Lucknow, Uttar Pradesh, India |
| Impel Alliance Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Hyderabad, Telangana, India |
| Mahadeva Esys Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Delhi, India |
| Dharamraj Services Private Limited | ₹2.45 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Uppal, Telangana, India |
| Global Development Initiative this company | ₹2.44 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Lingaraj, Orissa, India |
| XBS World Services Private Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | South West, Delhi, India |
| Sky Vision Media Private Limited | ₹2.44 Cr (FY 2020) | •••• | •••• | -28.0% | •••• | Patna, Bihar, India |
| Bmerakii Design and Services Private Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Noida, Uttar Pradesh, India |
| Srinivasa Outsourcing Services Private Limited | ₹2.44 Cr (FY 2015) | •••• | •••• | -85.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Shilabs Private Limited | ₹2.44 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Bhubaneswar, Orissa, India |
Peers are the five companies nearest above and the five nearest below Global Development Initiative by revenue in the same principal business activity (Other support services to organizations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Global Development Initiative
Global Development Initiative is audited by MANAS DASH & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANAS DASH & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Global Development Initiative
Global Development Initiative has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjan Kumar Panda | Managing Director | 16 Apr 2022 | 4 Years 5 Months | Current |
| Kadir Afzalmiya Malik | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
Ownership and Shareholding of Global Development Initiative
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Global Development Initiative
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2025 | Others | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Global Development Initiative
Global Development Initiative has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
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, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Global Development Initiative
Global Development Initiative has a workforce of 15 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Global Development Initiative
Global Development Initiative has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Suruchi Sawdatkar ceased to be Director on 30 Jan 2024.
Credit Ratings, Litigation & Regulatory Alerts for Global Development Initiative
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Global Development Initiative
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Global Development Initiative
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Global Development Initiative
Global Development Initiative has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCG4006J1Z2 | Odisha | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Global Development Initiative
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Global Development Initiative
Global Development Initiative is an active private not for profit company based in Lingaraj, Orissa, India. The company works in other support services, within the service industry. It was incorporated on 24 October 2013 (13+ years old) and is registered under CIN U85310OR2013NPL017494.
Global Development Initiative reported revenue of ₹2.44 Cr for FY 2024 (down 5% YoY).
Global Development Initiative has 2 current directors:
- Ranjan Kumar Panda - Managing Director
- Kadir Afzalmiya Malik - Director
Global Development Initiative reported a net loss of ₹6.29 Lakh (net margin -2.6%) and EBITDA of ₹7.03 Lakh (EBITDA margin 2.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Global Development Initiative is 10% over five years. In the latest year (FY 2024) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Global Development Initiative is 21AAFCG4006J1Z2, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Global Development Initiative is U85310OR2013NPL017494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Development Initiative has 1 court case on record: 1 filed against it.
Global Development Initiative was incorporated on 24 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Global Development Initiative by revenue are Indian Biogas Association, HBN Events Private Limited, Impel Alliance Private Limited, Mahadeva Esys Private Limited, Dharamraj Services Private Limited and 5 more, all in the same principal business activity (Other support services to organizations).
Suruchi Sawdatkar ceased to be Director on 30 Jan 2024. Ranjan Kumar Panda ceased to be Additional Director on 29 Sep 2023. Pradeepta Kumar Panda ceased to be Director on 01 Sep 2023. Global Development Initiative has 6 board changes on record in total.