About Global Gallarie Wheels Private Limited
Data last updated:
Global Gallarie Wheels Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 20 September 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U50102MH2012PTC235992. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Seema Pankaj Handa and Lekhraj Tandon.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹75.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹36.81 Lakh (net margin -0.5%) and EBITDA of ₹74.09 Lakh (EBITDA margin 1%).
As per MCA filings, the company has open charges of ₹21 Cr on record. Court records list 14 cases involving the company, including 14 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2014. Its 5 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 3 smaller; the largest is K Y Motors Private Limited with revenue of ₹76.19 Cr.
The last known website on record is globalgallarie.co.in.
Company details
Contact details
Global Gallarie Wheels Private Limited's registered office is in Mumbai, Maharashtra. Its website is globalgallarie.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No 702 Seventh Floor Lake Superior Lake Homes Off Adi Shankaracharya Marg, Powai, Mumbai, Maharashtra, India – 400076
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Global Gallarie Wheels 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
Business activity
The main business activity of Global Gallarie Wheels is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Global Gallarie Wheels Private Limited, buy the company report.
Financials of Global Gallarie Wheels Private Limited
FY 2015 filings availableGlobal Gallarie Wheels Private Limited reported revenue of ₹75.9 Cr (up 908% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 908% in the latest year. EBITDA rose 240% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹75.9 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹74.09 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹36.81 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 1% |
| Net Profit Margin | -0.5% |
| 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 Global Gallarie Wheels Private Limited, buy the company report.
Board of directors of Global Gallarie Wheels Private Limited
Global Gallarie Wheels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Pankaj Handa | Director | 01 Aug 2013 | 13 Years 2 Months | As last reported |
| Lekhraj Tandon | Director | 01 Aug 2013 | 13 Years 2 Months | As last reported |
Peer comparison
Global Gallarie Wheels Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K Y Motors Private Limited | ₹76.19 Cr (FY 2025) | 7.0% | Anantnag, Jammu and Kashmir, India | |||
| Das Garage Private Limited | ₹76.12 Cr (FY 2024) | 16.0% | Uttar Pradesh, India | |||
| Global Gallarie Wheels Private Limitedthis company | ₹75.9 Cr (FY 2015) | -₹36.81 Lakh | -0.5% | 908.0% | Mumbai, Maharashtra, India | |
| Aher Automobiles Private Limited | ₹75.89 Cr (FY 2024) | 5.0% | Kalyan, Maharashtra, India | |||
| Golden Motors Private Limited | ₹75.75 Cr (FY 2025) | 21.0% | Berhampore, West Bengal, India | |||
| MGS Infrabuild Private Limited | ₹75.47 Cr (FY 2024) | -16.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Global Gallarie Wheels Private Limited, buy the company report.
Auditor
Global Gallarie Wheels Private Limited is audited by THAR & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAR & ASSOCIATES | FY 2015 | 110957W |
Shareholding
The shareholding of Global Gallarie Wheels Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Global Gallarie Wheels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2016 | 100065117 | Others | ₹3 Cr | Open | |
| 23 Feb 2016 | 10626550 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 31 Jul 2015 | 10591470 | Others | ₹3 Cr | Open | |
| 28 Mar 2014 | 10494860 | Tata Capital Financial Services Limited | ₹3 Cr | Open | |
| 31 Dec 2013 | 10473676 | Icici Bank Limited | ₹7 Cr | Open |
To see the full charge records of Global Gallarie Wheels Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Global Gallarie Wheels Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2013 | Funding round | ₹99 Lakh | Investors: 2 individuals |
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Global Gallarie Wheels Private Limited has 14 court cases on record: 14 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 1 |
| High courts | 3 | 3 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMEX) | Filed against the company by Reliance Commercial Finance Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Icici Bank Ltd | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by Neo Growth Credit Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Reliance Capital Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Neogrowth Credit Pvt Ltd | Disposed |
To see the full case history of Global Gallarie Wheels 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 Gallarie Wheels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Global Gallarie Wheels Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Global Gallarie Wheels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Global Gallarie Wheels Private Limited, buy the company report.
Recent activity
Global Gallarie Wheels Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Geeta Sunit Malhotra ceased to be Director on 22 Aug 2013.
2 earlier events are in the company report.
Frequently asked questions
Global Gallarie Wheels is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Global Gallarie Wheels is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 20 September 2012 and is registered under CIN U50102MH2012PTC235992. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Global Gallarie Wheels has 2 current directors:
- Seema Pankaj Handa - Director
- Lekhraj Tandon - Director
The latest financial statements of Global Gallarie Wheels on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Global Gallarie Wheels is U50102MH2012PTC235992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Gallarie Wheels has open charges of ₹21 Cr and no satisfied charges on record as per latest MCA filings.
Global Gallarie Wheels has 14 court cases on record: 14 filed against it. 2 are pending. Most are in the district courts.
Global Gallarie Wheels was incorporated on 20 September 2012. It is registered with the Registrar of Companies, Mumbai.
Global Gallarie Wheels has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2014.
The peers of Global Gallarie Wheels by revenue are K Y Motors Private Limited, Das Garage Private Limited, Aher Automobiles Private Limited, Golden Motors Private Limited, MGS Infrabuild Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Geeta Sunit Malhotra ceased to be Director on 22 Aug 2013. Manish Sunitkumar Malhotra ceased to be Director on 22 Aug 2013. Lekhraj Tandon was appointed as Director on 01 Aug 2013. Global Gallarie Wheels has 4 board changes on record in total.