About Global Pallets Services India Private Limited
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Global Pallets Services India Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Groupe Gps Sas, France. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 05 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2015FTC262482. Its GSTIN is 27AAFCG9902M1Z5 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jean Francois Henri Baus and Srikrishna Pethe.
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 Unit 304 3rd Floor Omega Business Park Road No.33 Wagle Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.28 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 6.6%) and EBITDA of ₹2.2 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 36% over five years.
The company is associated with 1 brand: Fr Gps.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fr-gps.com.
Company details
Contact details
Global Pallets Services India Private Limited's registered office is in Thane, Maharashtra. Its website is fr-gps.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit 304 3rd Floor Omega Business Park Road No.33 Wagle Estate, Thane, Maharashtra, India – 400604
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Global Pallets Services India 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 Pallets Services India operates one associated brand: FR GPS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rubber, fruit juices, and automotive parts are packaged by GPS. | fr-gps.com |
Business activity
The main business activity of Global Pallets Services India is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Global Pallets Services India Private Limited, buy the company report.
Financials of Global Pallets Services India Private Limited
FY 2024 filings availableGlobal Pallets Services India Private Limited reported revenue of ₹29.28 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.2 Cr | ||||
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| Net Profit (PAT) | ₹1.94 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 6.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Global Pallets Services India Private Limited, buy the company report.
Board of directors of Global Pallets Services India Private Limited
Global Pallets Services India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jean Francois Henri Baus | Director | 10 Jul 2015 | 11 Years 3 Months | Current |
| Srikrishna Pethe | Director | 05 Mar 2015 | 11 Years 7 Months | Current |
| Benoit Jean Louis Arnaud | Director | 05 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Global Pallets Services India Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NB Equipments & Engineering Private Limited | ₹29.7 Cr (FY 2025) | -11.0% | Thane, Maharashtra, India | |||
| Global Pallets Services India Private Limitedthis company | ₹29.28 Cr (FY 2025) | ₹1.94 Cr | 6.6% | -7.0% | Thane, Maharashtra, India | |
| Seabulk Logistics Private Limited | ₹29.26 Cr (FY 2025) | 3355.0% | Chennai, Tamil Nadu, India | |||
| V.J Cranes Private Limited | ₹29.04 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Shakti Equipments Private Limited | ₹28.71 Cr (FY 2025) | 24.0% | Thane, Maharashtra, India |
To see the full peer comparison of Global Pallets Services India Private Limited, buy the company report.
Auditor
Global Pallets Services India Private Limited is audited by V.R SABNIS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.R SABNIS & ASSOCIATES | FY 2023 | 135589 |
Shareholding
The shareholding of Global Pallets Services India 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Global Pallets Services India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Global Pallets Services India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Global Pallets Services India Private Limited has 5 MSME Form 1 returns on record between 2020 and 2024, listing 143 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Serama Logistics Limited | |||
| an individual supplier | |||
| Arpan Engineering & Co | |||
| an individual supplier | |||
| Nilkanth Fabricators Pvt Ltd |
To see the full MSME payment records of Global Pallets Services India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Global Pallets Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG9902M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Global Pallets Services India Private Limited, buy the company report.
Recent activity
Global Pallets Services India Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Jean Francois Henri Baus ceased to be Additional Director on 21 Dec 2016.
Frequently asked questions
Global Pallets Services India is an active foreign private limited company based in Thane, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 05 March 2015 (11+ years old) and is registered under CIN U74900MH2015FTC262482.
Global Pallets Services India has 3 current directors:
- Jean Francois Henri Baus - Director
- Srikrishna Pethe - Director
- Benoit Jean Louis Arnaud - Director
The latest financial statements of Global Pallets Services India 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 Pallets Services India is 27AAFCG9902M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Global Pallets Services India is U74900MH2015FTC262482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Pallets Services India was incorporated on 05 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Global Pallets Services India by revenue are NB Equipments & Engineering Private Limited, Seabulk Logistics Private Limited, V.J Cranes Private Limited, Shakti Equipments Private Limited, all in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities).
Jean Francois Henri Baus ceased to be Additional Director on 21 Dec 2016. Jean Francois Henri Baus was appointed as Director on 10 Jul 2015. Benoit Jean Louis Arnaud was appointed as Director on 05 Mar 2015. Global Pallets Services India has 4 board changes on record in total.
Global Pallets Services India has 5 MSME Form 1 returns on record between 2020 and 2024, listing 143 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Global Pallets Services India can be reached through the website fr-gps.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Global Pallets Services India is at Unit 304 3rd Floor Omega Business Park Road No.33 Wagle Estate, Thane, Maharashtra, India – 400604.
Global Pallets Services India operates in the financial services industry, in the equipment leasing and financing segment.
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