About Global Finsol Private Limited
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Global Finsol Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general insurance providers segment of the financial services sector. It was incorporated on 17 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2006PTC046591. Its GSTIN is 29AACCT4782B1ZA (Karnataka). The company holds 11 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.14 Cr. It was formerly known as Team Life Care Company India Private Limited and Team Life Care Company India Limited. It is led by directors including Muruganandham Nagarathinam Jahanath and Ezhil Vignesh Jahanath.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.17 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹12.44 Lakh (net margin -3.9%) and EBITDA of ₹10.34 Lakh (EBITDA margin 3.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Global Finsol. As per MCA filings, the company has open charges of ₹23.12 Cr on record. Court records list 35 cases involving the company, including 13 filed by the company and 22 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website globalfinsol.com.
Company details
Name history
Global Finsol has undergone 2 name changes throughout its history. The company was previously known as Team Life Care Company India Private Limited, and Team Life Care Company India Limited. The current legal name is Global Finsol Private Limited.
| Company Name | Status |
|---|---|
| Global Finsol Private Limited | Current |
| Team Life Care Company India Private Limited | Previous |
| Team Life Care Company India Limited | Previous |
CIN history
Global Finsol has one previous CIN (Corporate Identification Number): U51909TZ2006PTC012620. The current CIN is U51909KA2006PTC046591, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909KA2006PTC046591 | Current |
| U51909TZ2006PTC012620 | Previous |
Contact details
Global Finsol Private Limited's registered office is in Bangalore, Karnataka. Its website is globalfinsol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.52 – Chiranjeevi Layout, Kempapura Hebbal, Bangalore, Karnataka, India – 560024
- IndustryFinancial Services, General Insurance Providers
To see the full contact details of Global Finsol 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
Global Finsol operates one associated brand: GLOBAL FINSOL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of insurance and financial services in India. | globalfinsol.com |
Business activity
The main business activity of Global Finsol is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Global Finsol Private Limited, buy the company report.
Financials of Global Finsol Private Limited
FY 2024 filings availableGlobal Finsol Private Limited reported revenue of ₹3.17 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 1% fall in the latest year. EBITDA fell 52% 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 | ₹10.34 Lakh | ||||
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| Net Profit (PAT) | -₹12.44 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | -3.9% | ||||
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To see the full financial statements and ratios of Global Finsol Private Limited, buy the company report.
Board of directors of Global Finsol Private Limited
Global Finsol has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muruganandham Nagarathinam Jahanath | Director | 17 Feb 2006 | 20 Years 8 Months | Current |
| Ezhil Vignesh Jahanath Also directs: G7 Investments Private Limited | Additional Director | 06 Sep 2024 | 2 Years 2 Months | Current |
| Krishnappa Shobha | Additional Director | 21 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Global Finsol Private Limited is audited by Raghavendra & Vinod for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raghavendra & Vinod | FY 2023 | 009507S |
Shareholding
The shareholding of Global Finsol 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 Global Finsol Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2012 | 10424416 | City Union Bank Limited | ₹3 Cr | Open | |
| 28 Jul 2011 | 10305611 | City Union Bank Limited | ₹7.5 Cr | Open | |
| 08 Jun 2011 | 10295148 | City Union Bank Limited | ₹4.12 Cr | Open | |
| 06 Jun 2011 | 10295066 | City Union Bank Limited | ₹8.5 Cr | Open |
To see the full charge records of Global Finsol Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Global Finsol Private Limited has 35 court cases on record: 13 filed by Global Finsol, 22 filed against it. 8 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 10 | 4 |
| High courts | 10 | 5 | 2 |
| NCLAT | 7 | 7 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against DTG Trade India Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against DTG Trade India Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against DTG Trade India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against DTG Trade India Pvt Ltd | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by Axis Bank Limited | Disposed |
To see the full case history of Global Finsol 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
No delayed payments to MSME suppliers are on our record for Global Finsol Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Global Finsol Private Limited has a workforce of 6 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 6 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Global Finsol Private Limited, buy the company report.
GST
Global Finsol has 11 GST registrations: 1 active and 10 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT4782B1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Global Finsol Private Limited, buy the company report.
Recent activity
Global Finsol Private Limited has 10 board changes on record since 2006: 3 appointments and 7 cessations. The latest: Krishnappa Shobha ceased to be Additional Director on 14 Apr 2025.
6 earlier events are in the company report.
Frequently asked questions
Global Finsol is an active private limited company based in Bangalore, Karnataka, India. The company works in general insurance providers, within the financial services industry. It was incorporated on 17 February 2006 (20+ years old) and is registered under CIN U51909KA2006PTC046591.
Global Finsol has 3 current directors:
- Muruganandham Nagarathinam Jahanath - Director
- Ezhil Vignesh Jahanath - Additional Director
- Krishnappa Shobha - Additional Director
The latest financial statements of Global Finsol 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 2015 are in the company report.
The GSTIN of Global Finsol is 29AACCT4782B1ZA, registered in Karnataka. The company has 11 GST registrations in all, of which 1 is active and 10 are cancelled or inactive.
The CIN (Corporate Identification Number) of Global Finsol is U51909KA2006PTC046591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Finsol has 35 court cases on record: 13 filed by the company and 22 filed against it. 8 are pending. Most are in the district courts.
Global Finsol was incorporated on 17 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Krishnappa Shobha ceased to be Additional Director on 14 Apr 2025. Ezhil Vignesh Jahanath was appointed as Additional Director on 06 Sep 2024. Krishnappa Shobha was appointed as Additional Director on 21 Dec 2021. Global Finsol has 10 board changes on record in total.
Global Finsol can be reached through the website globalfinsol.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Global Finsol is at No.52 – Chiranjeevi Layout, Kempapura Hebbal, Bangalore, Karnataka, India – 560024.
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