About Global Houseware Limited
Data last updated:
Global Houseware Limited is a public limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 17 August 2007.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27320DL2007PLC167099. Its GSTIN is 06AACCG9844M2Z2 (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹19.91 Cr. It was formerly known as Global Houseware Private Limited. It is led by directors including Amit Basia (Managing Director) and Naresh Basia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Flat No. B – 3/324 Sunrise Apartments Sector – 13 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2017, the company reported a revenue of ₹127.71 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹18.84 Cr (net margin -14.8%) and EBITDA of -₹20.03 Cr (EBITDA margin -15.7%).
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.45 Cr and satisfied charges of ₹24.66 Cr on record. Court records list 76 cases involving the company, including 19 filed by the company and 57 filed against it; 31 cases are pending.
The last known website on record is globesteel.com.
Company details
CIN history
Global Houseware has one previous CIN (Corporate Identification Number): U27320DL2007PTC167099. The current CIN is U27320DL2007PLC167099, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27320DL2007PLC167099 | Current |
| U27320DL2007PTC167099 | Previous |
Contact details
Global Houseware Limited's registered office is in Delhi, Delhi. Its website is globesteel.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No. B – 3/324 Sunrise Apartments Sector – 13 Rohini, Delhi, India – 110085
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
To see the full contact details of Global Houseware 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 activities of Global Houseware are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Global Houseware Limited, buy the company report.
Financials of Global Houseware Limited
FY 2016 filings availableGlobal Houseware Limited reported revenue of ₹127.71 Cr (down 13% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year. EBITDA fell 259% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
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| EBITDA | -₹20.03 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹18.84 Cr | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -15.7% | ||
| Net Profit Margin | -14.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Current Ratio | |||
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| Receivable Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Global Houseware Limited, buy the company report.
Board of directors and KMP of Global Houseware Limited
Global Houseware Limited currently reports 3 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Basia | Whole-Time Director | 17 Aug 2007 | 19 Years 2 Months | As last reported |
| Arvind Kumar Gupta | Cfo | 28 Jul 2015 | 11 Years 3 Months | As last reported |
| Sonali Basia | Director | 31 Mar 2015 | 11 Years 7 Months | As last reported |
| Amit Basia | Managing Director | 05 Apr 2012 | 14 Years 6 Months | As last reported |
Peer comparison
Global Houseware Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Crockery and Utensils Manufacturers), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhalaria Metal Craft Private Limited | ₹153.09 Cr (FY 2025) | -4.0% | Bhayander, Maharashtra, India | |||
| Zwilling Kitchen India Private Limited | ₹148.01 Cr (FY 2025) | 38.0% | Kancheepuram, Tamil Nadu, India | |||
| Naman Metawares Private Limited | ₹131.72 Cr (FY 2023) | 21.0% | Delhi, India | |||
| Global Houseware Limitedthis company | ₹127.71 Cr (FY 2017) | -₹18.84 Cr | -14.8% | -13.0% | 3 | Delhi, India |
| Martco Export Private Limited | ₹118.12 Cr (FY 2025) | 36.0% | Moradabad, Uttar Pradesh, India |
To see the full peer comparison of Global Houseware Limited, buy the company report.
Auditor
Global Houseware Limited is audited by JAIN AGARWAL & COMPANY for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN AGARWAL & COMPANY | FY 2016 | 024866N |
Shareholding
The shareholding of Global Houseware Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Global Houseware Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2016 | 100072904 | Others | ₹9 Cr | Open | |
| 25 Sep 2015 | 10625354 | Hdfc Bank Limited | ₹9.99 Lakh | Open | |
| 09 Mar 2015 | 10553439 | Small Industries Development Bank of India | ₹1.5 Cr | Open | |
| 26 Aug 2013 | 10448262 | Icici Bank Limited | ₹29.85 Cr | Open | |
| 21 Jun 2012 | 10364134 | Hdfc Bank Limited | ₹10.75 Cr | Satisfied |
To see the full charge records of Global Houseware Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Global Houseware Limited has 76 court cases on record: 19 filed by Global Houseware, 57 filed against it. 31 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 72 | 53 | 30 |
| High courts | 2 | 2 | 1 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Idfc First Bank Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bharatiya Fincom Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Idfc First Bank Ltd | Pending |
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed by the company against Rajan Manufacturing Pvt. Ltd | Pending |
To see the full case history of Global Houseware 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 Houseware Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Global Houseware Limited has a workforce of 3 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Global Houseware has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCG9844M2Z2 | Haryana | Active | 11 Mar 2020 |
To see the full GST registrations and return filing status of Global Houseware Limited, buy the company report.
Recent activity
Global Houseware Limited has 18 board changes on record since 2007: 4 appointments and 14 cessations. The latest: Naina Garg ceased to be Company Secretary on 05 Apr 2017.
29 earlier events are in the company report.
Frequently asked questions
Global Houseware is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Global Houseware is a company under liquidation, formerly operating as a public limited company based in Delhi, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 17 August 2007 and is registered under CIN U27320DL2007PLC167099. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Global Houseware has 4 current directors and KMP:
- Amit Basia - Managing Director
- Naresh Basia - Whole-Time Director
- Sonali Basia - Director
- Arvind Kumar Gupta - Cfo
The latest financial statements of Global Houseware on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Global Houseware is U27320DL2007PLC167099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Houseware has open charges of ₹40.45 Cr and satisfied charges of ₹24.66 Cr as per latest MCA filings.
Global Houseware has 76 court cases on record: 19 filed by the company and 57 filed against it. 31 are pending. Most are in the district courts.
Global Houseware was incorporated on 17 August 2007. It is registered with the Registrar of Companies, Delhi.
The peers of Global Houseware by revenue are Bhalaria Metal Craft Private Limited, Zwilling Kitchen India Private Limited, Naman Metawares Private Limited, Martco Export Private Limited, all in the Consumer Products industry (Crockery and Utensils Manufacturers), with the same principal business activity (metal and metal products).
Naina Garg ceased to be Company Secretary on 05 Apr 2017. Mohd Javed ceased to be Director on 02 Jan 2017. Pulak Tiwari ceased to be Director on 02 Jan 2017. Global Houseware has 18 board changes on record in total.
Global Houseware can be reached through the website globesteel.com. Its registered office is in Delhi, India.
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