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About Global Powersource (India) Private Limited
Data last updated:
Global Powersource (India) Private Limited is a private limited company based in Mumbai, Maharashtra, 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 electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 04 August 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2006PTC163562. Its GSTIN is 21AAACF9963C1ZV (Odisha). The company holds 10 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹11.36 Cr. It was formerly known as Global Powersource (India) Limited. It is led by directors including Ashwin Kisandas Parekh (Whole-Time Director) and Dipak Dhirajlal Gandhi.
Its last annual general meeting (AGM) was held on 01 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at C – 709 Neelkanth Business Park Vidyavihar West, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.73 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹19.79 Cr and EBITDA of -₹18.06 Cr (EBITDA margin -483.8%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 60% over five years.
As per MCA filings, the company has open charges of ₹19.58 Cr and satisfied charges of ₹235.28 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is gpsgc.com.
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- TelephoneLocked
- Website
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- Registered AddressC – 709 Neelkanth Business Park Vidyavihar West, Mumbai, Maharashtra, India – 400086
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 Powersource (India) Private Limited
The main business activity of Global Powersource (India) is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Powersource (India) Private Limited FY 2022 filings available
Global Powersource (India) Private Limited reported revenue of ₹3.73 Cr (down 79% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Global Powersource (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 79% fall in the latest year. EBITDA rose 66% 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 Powersource (India) Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹18.06 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.79 Cr | •••• | •••• | •••• | •••• |
| 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 Powersource (India) Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -483.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Powersource (India) 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 Powersource (India) Private Limited
Global Powersource (India) Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aadhaya Business Solutions Private Limited | ₹3.75 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Tripunithura, Kerala, India |
| Hansa Cine Equipments Private Limited | ₹3.75 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Chennai, Tamil Nadu, India |
| Electrovariant Technology Private Limited | ₹3.75 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bhiwandi, Maharashtra, India |
| Dhan Guru Nanak Traders Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Delhi, India |
| Arjun Infratel Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Noida, Uttar Pradesh, India |
| Global Powersource (India) Private Limited this company | ₹3.73 Cr (FY 2022) | •••• | •••• | -79.0% | •••• | Mumbai, Maharashtra, India |
| Girdhari Communications Private Limited | ₹3.73 Cr (FY 2019) | •••• | •••• | -92.0% | •••• | New Delhi, Delhi, India |
| Aspen Care Private Limited | ₹3.73 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Coimbatore, Tamil Nadu, India |
| Bpa Traders Private Limited | ₹3.73 Cr (FY 2023) | •••• | •••• | 1299.0% | •••• | Kolkata, West Bengal, India |
| Av&T Solutions Private Limited | ₹3.72 Cr (FY 2020) | •••• | •••• | -1.0% | •••• | Thane, Maharashtra, India |
| Rithvik Electrik Private Limited | ₹3.72 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Global Powersource (India) by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Powersource (India) Private Limited
Global Powersource (India) Private Limited is audited by RAJESH THAKKAR & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH THAKKAR & ASSOCIATES | 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 Powersource (India) Private Limited
Global Powersource (India) has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Kisandas Parekh | Whole-Time Director | 29 Sep 2018 | 8 Years 0 Months | As last reported |
| Dipak Dhirajlal Gandhi | Director | 30 Aug 2019 | 7 Years 1 Months | As last reported |
| Yatinkumar Sumatilal Shah Also directs: Navjivan Consultancy Services Private Limited | Irp/Rp/Liquidator | 25 Sep 2023 | 3 Years 0 Months | As last reported |
Ownership and Shareholding of Global Powersource (India) Private Limited
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 Powersource (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2018 | Others | ₹8.32 Lakh | Open |
| 28 Jun 2010 | Standard Chartered Bank | ₹19.5 Cr | Open |
| 30 Jan 2021 | Others | ₹6.5 Cr | Satisfied |
| 28 Dec 2020 | Others | ₹2.15 Cr | Satisfied |
| 27 Apr 2018 | Others | ₹3 Cr | Satisfied |
Total charge records: 22 View all charges
Legal Cases of Global Powersource (India) Private Limited
Global Powersource (India) Private Limited 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, Patiala, Punjab | Civil suit | 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 Powersource (India) Private Limited
Employment history and EPFO contributions of people linked to Global Powersource (India).
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.
Name History of Global Powersource (India) Private Limited
Global Powersource (India) has undergone 3 name changes throughout its history. The company was previously known as Global Powersource (India) Limited, Global Powersource (India) Private Limited, and Fiamm Global (India) Private Limited. The current legal name is Global Powersource (India) Private Limited.
| Company Name | Status |
|---|---|
| Global Powersource (India) Private Limited | Current |
| Global Powersource (India) Limited | Previous |
| Fiamm Global (India) Private Limited | Previous |
Recent Activity on Global Powersource (India) Private Limited
Global Powersource (India) Private Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Yatinkumar Sumatilal Shah was appointed as Irp/Rp/Liquidator on 25 Sep 2023.
51 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Global Powersource (India) Private Limited
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 Powersource (India) Private Limited
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 Powersource (India) Private Limited
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 Powersource (India) Private Limited
Global Powersource (India) has 10 GST registrations: 4 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACF9963C1ZV | Odisha | Active | 01 Jul 2017 |
| 24AAACF9963C1ZP | Gujarat | Active | 01 Jul 2017 |
| 29AAACF9963C1ZF | Karnataka | Active | 01 Jul 2017 |
| 32AAACF9963C1ZS | Kerala | 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 Powersource (India) Private Limited
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 Powersource (India) Private Limited
Global Powersource (India) 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 Powersource (India) is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 04 August 2006 and is registered under CIN U74140MH2006PTC163562. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Global Powersource (India) reported revenue of ₹3.73 Cr for FY 2022 (down 79% YoY).
Global Powersource (India) has 3 current directors:
- Ashwin Kisandas Parekh - Whole-Time Director
- Dipak Dhirajlal Gandhi - Director
- Yatinkumar Sumatilal Shah - Irp/Rp/Liquidator
Global Powersource (India) reported a net loss of ₹19.79 Cr and EBITDA of -₹18.06 Cr (EBITDA margin -483.8%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Global Powersource (India) is -76% over three years and -60% over five years. In the latest year (FY 2022) revenue fell 79%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Global Powersource (India) is U74140MH2006PTC163562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Powersource (India) has open charges of ₹19.58 Cr and satisfied charges of ₹235.28 Cr as per latest MCA filings.
Global Powersource (India) has 1 court case on record: 1 filed against it.
Global Powersource (India) was incorporated on 04 August 2006. It is registered with the Registrar of Companies, Mumbai.
The peers of Global Powersource (India) by revenue are Aadhaya Business Solutions Private Limited, Hansa Cine Equipments Private Limited, Electrovariant Technology Private Limited, Dhan Guru Nanak Traders Private Limited, Arjun Infratel Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).