MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-MH-19-0019376
Global Yarns Private Limited
Global Yarns Private Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹20 Cr
▼ 16% YoY
Net loss · FY 2020
₹18.51 Lakh
Net margin -0.9%
EBITDA · FY 2020
₹28.42 Lakh
EBITDA margin 1.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹70.75 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Global Yarns Private Limited
Data last updated:
Global Yarns Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 30 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17200MH2013PTC247707. Its GSTIN is 27AAFCG3284Q1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Talasa Ram and Nareshbhai Sankalchandaji Raval.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹20 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹18.51 Lakh (net margin -0.9%) and EBITDA of ₹28.42 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹70.75 Lakh on record. Court records list 31 cases involving the company, including 31 filed against it; 16 cases are pending.
Global Yarns Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0019376). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17200MH2013PTC247707
Registration Number 247707
Incorporation Date 30 August 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0019376
Recognitions & Rankings of Global Yarns
Contact details
Global Yarns Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 408 4th Floor Ghanshyam Enclave Lalji Pada New Link Road Kandivali Wes, T, Mumbai, Maharashtra, India – 400067
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Global Yarns Private Limited, buy the company report.
Comprehensive company report
Global Yarns Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Global Yarns is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Global Yarns Private Limited, buy the company report.
Financials of Global Yarns Private Limited
FY 2020 filings availableGlobal Yarns Private Limited reported revenue of ₹20 Cr (down 16% YoY) for FY 2020.
Revenue · FY 2020
₹20 Cr ▼ 16%
Net loss · FY 2020
₹18.51 Lakh margin -0.9%
EBITDA · FY 2020
₹28.42 Lakh margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 6%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 44%
3 years · compounded
▲ 6%
5 years · compounded
▲ 22%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 44% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹20 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.51 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | -0.9% | ||||
| 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 Yarns Private Limited, buy the company report.
Board of directors of Global Yarns Private Limited
Global Yarns has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Talasa Ram | Director | 30 Aug 2013 | 13 Years 1 Months | Current |
| Nareshbhai Sankalchandaji Raval | Director | 30 Aug 2013 | 13 Years 1 Months | Current |
Peer comparison
Global Yarns Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kushal Fabrics Private Limited | ₹20.04 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Global Yarns Private Limitedthis company | ₹20 Cr (FY 2020) | -₹18.51 Lakh | -0.9% | -16.0% | Mumbai, Maharashtra, India | |
| Balaji Cotex India Private Limited | ₹19.98 Cr (FY 2019) | 116.0% | Warangal, Telangana, India | |||
| Deepak Creations Private Limited | ₹19.97 Cr (FY 2025) | -10.0% | Coimbatore, Tamil Nadu, India | |||
| K.M. (India) Clothiers Private Limited | ₹19.96 Cr (FY 2017) | -16.0% | Paharganj, New Delhi-5, Delhi, India | |||
| Joykey Merchandise Private Limited | ₹19.94 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Mohitcorp Polytex Private Limited | ₹19.91 Cr (FY 2025) | 107.0% | Surat, Gujarat, India |
To see the full peer comparison of Global Yarns Private Limited, buy the company report.
Shareholding
The shareholding of Global Yarns Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Global Yarns Private Limited, buy the company report.
Charges & borrowings
Open charges
₹70.75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2021 | 100446814 | Others | ₹15.75 Lakh | Open | |
| 31 Jul 2017 | 100114328 | Others | ₹55 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Global Yarns Private Limited has 31 court cases on record: 31 filed against it. 16 cases are pending and 15 are disposed.
Total cases
31
Filed against the company
31
Pending
16
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 29 | 15 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by M/S Rattanindia Finance Pvt. Ltd | Pending |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by M/S Rattanindia Finance Pvt. Ltd | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Rattanindia Finance Pvt Ltd | Pending |
To see the full case history of Global Yarns 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 Yarns Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Global Yarns has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG3284Q1ZY | Maharashtra | Active | 01 Jul 2017 |
| 24AAFCG3284Q1Z4 | Gujarat | Active | 08 Aug 2018 |
To see the full GST registrations and return filing status of Global Yarns Private Limited, buy the company report.
Recent activity
Global Yarns Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Anamika Bharat Pandya ceased to be Additional Director on 30 Sep 2016.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100446814 was registered on 31 Mar 2021.
AGM
Global Yarns Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Global Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 100114328 was registered on 31 Jul 2017.
Ceased
Anamika Bharat Pandya ceased to be Additional Director.
Appointed
Nareshbhai Sankalchandaji Raval was appointed as Director.
Appointed
Talasa Ram was appointed as Director.
Incorporation
30 Aug 2013
Global Yarns Private Limited was registered on 30 Aug 2013 with Roc Mumbai I & aged 13 years 1 month as per MCA records.
Frequently asked questions
Global Yarns is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 30 August 2013 (13+ years old) and is registered under CIN U17200MH2013PTC247707.
Global Yarns has 2 current directors:
- Talasa Ram - Director
- Nareshbhai Sankalchandaji Raval - Director
The latest financial statements of Global Yarns on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Global Yarns is 27AAFCG3284Q1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCG3284Q1Z4 (Gujarat).
The CIN (Corporate Identification Number) of Global Yarns is U17200MH2013PTC247707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Yarns has 31 court cases on record: 31 filed against it. 16 are pending. Most are in the district courts.
Global Yarns was incorporated on 30 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Global Yarns by revenue are Kushal Fabrics Private Limited, Balaji Cotex India Private Limited, Deepak Creations Private Limited, K.M. (India) Clothiers Private Limited, Joykey Merchandise Private Limited and 1 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Anamika Bharat Pandya ceased to be Additional Director on 30 Sep 2016. Nareshbhai Sankalchandaji Raval was appointed as Director on 30 Aug 2013. Talasa Ram was appointed as Director on 30 Aug 2013.
Yes, Global Yarns is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0019376).
The registered office of Global Yarns is at Unit No. 408 4th Floor Ghanshyam Enclave Lalji Pada New Link Road Kandivali Wes, T, Mumbai, Maharashtra, India – 400067.