Global Sweetners Private Limited
About Global Sweetners Private Limited
Data last updated:
Global Sweetners Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 04 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U01549TZ1997PTC008015. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Ramasamy Palanivel (Managing Director) and Archana Palanivel.
Its last annual general meeting (AGM) was held on 28 April 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 19 Ayyasamy Chetty Street Shevapet Salem, Tamil Nadu, India – 636002.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.6 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹26,765 (net margin 2.8%) and EBITDA of ₹2.75 Lakh (EBITDA margin 28.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹2.45 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Global Sweetners Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address19 Ayyasamy Chetty Street Shevapet Salem, Tamil Nadu, India – 636002
- IndustryFood and Beverages, Flavouring & Seasoning Additives
To see the full contact details of Global Sweetners 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 Sweetners is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Global Sweetners Private Limited, buy the company report.
Financials of Global Sweetners Private Limited
FY 2023 filings availableGlobal Sweetners Private Limited reported revenue of ₹9.6 Lakh (up 14% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 14% growth in the latest year. EBITDA fell 28% 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 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 | ₹9.6 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26,765 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.6% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Global Sweetners Private Limited, buy the company report.
Board of directors of Global Sweetners Private Limited
Global Sweetners has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Palanivel | Director | 27 Aug 2020 | 6 Years 2 Months | Current |
| Ramasamy Palanivel | Managing Director | 04 Jul 1997 | 29 Years 4 Months | Current |
| Manisekaran Ramasamy Gounder | Director | 04 Jul 1997 | 29 Years 4 Months | Current |
| Palanivel Bhuvaneswari | Director | 27 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Global Sweetners Private Limited is audited by VENKATRAMANSESHADRI for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENKATRAMANSESHADRI | FY 2022 | 214739 |
Shareholding
The shareholding of Global Sweetners 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 Sweetners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 1998 | 90327061 | Oriental Bank of Commerce | ₹2.45 Cr | Satisfied |
To see the full charge records of Global Sweetners Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Global Sweetners Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Global Sweetners 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 Sweetners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Global Sweetners 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 Sweetners Private Limited, buy the company report.
Recent activity
Global Sweetners Private Limited has 4 board changes on record since 1997: 4 appointments. The latest: Archana Palanivel was appointed as Director on 27 Aug 2020.
Frequently asked questions
Global Sweetners is an active private limited company based in Salem, Tamil Nadu, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 04 July 1997 (29+ years old) and is registered under CIN U01549TZ1997PTC008015.
Global Sweetners has 4 current directors:
- Ramasamy Palanivel - Managing Director
- Archana Palanivel - Director
- Manisekaran Ramasamy Gounder - Director
- Palanivel Bhuvaneswari - Director
The latest financial statements of Global Sweetners on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 April 2023. Year-wise statements from 2015 are in the company report.
No. Global Sweetners has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Global Sweetners is U01549TZ1997PTC008015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Sweetners has 2 court cases on record: 2 filed against it.
Global Sweetners was incorporated on 04 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Coimbatore.
Archana Palanivel was appointed as Director on 27 Aug 2020. Palanivel Bhuvaneswari was appointed as Director on 27 Aug 2020. Manisekaran Ramasamy Gounder was appointed as Director on 04 Jul 1997. Global Sweetners has 4 board changes on record in total.
The registered office of Global Sweetners is at 19 Ayyasamy Chetty Street Shevapet Salem, Tamil Nadu, India – 636002.
Global Sweetners operates in the food and beverages industry, in the flavouring and seasoning additives segment.
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