Globalstep Overseas Private Limited
About Globalstep Overseas Private Limited
Data last updated:
Globalstep Overseas Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 06 January 2017.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2017PTC095030. Its GSTIN is 24AAGCG6995H1Z6 (Gujarat).
The company had an authorised share capital of ₹1.08 Lakh and a paid-up capital of ₹1.08 Lakh. It was led by directors Bharatsinh Ramsinh Solanki and Bhartesh Laxmichand Sanghvi.
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 was at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.53 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹16.94 Lakh (net margin 0.6%) and EBITDA of ₹1.6 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 35% over five years.
Company details
Contact details
Globalstep Overseas Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressFf 11/B Shiv Complex Opp. Shrinandnagar, Makarba Road Vejalpur, Ahmedabad, Gujarat, India – 380051
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Globalstep Overseas 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 Globalstep Overseas 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 Globalstep Overseas Private Limited, buy the company report.
Financials of Globalstep Overseas Private Limited
FY 2024 filings availableGlobalstep Overseas Private Limited reported revenue of ₹29.53 Cr (down 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA rose 64% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.6 Cr | ||||
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| Net Profit (PAT) | ₹16.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Globalstep Overseas Private Limited, buy the company report.
Board of directors of Globalstep Overseas Private Limited
Globalstep Overseas has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatsinh Ramsinh Solanki Also directs: Progressive Pipes Private Limited | Director | 05 Jan 2022 | 4 Years 9 Months | As last reported |
| Bhartesh Laxmichand Sanghvi Also directs: Progressive Pipes Private Limited | Director | 01 Jun 2022 | 4 Years 4 Months | As last reported |
Peer comparison
Globalstep Overseas Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Chemical 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 |
|---|---|---|---|---|---|---|
| C. J. Chemicals Private Limited | ₹29.58 Cr (FY 2025) | 49.0% | Secunderabad, Telangana, India | |||
| Globalstep Overseas Private Limitedthis company | ₹29.53 Cr (FY 2024) | ₹16.94 Lakh | 0.6% | -43.0% | Ahmedabad, Gujarat, India | |
| Umang Acid Chem Private Limited | ₹29.21 Cr (FY 2025) | 53.0% | Ahmedabad, Gujarat, India | |||
| Nihon Chemicals Private Limited | ₹29.15 Cr (FY 2018) | -39.0% | New Delhi, Delhi, India | |||
| Invixo Chemicals Private Limited | ₹29.1 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India |
To see the full peer comparison of Globalstep Overseas Private Limited, buy the company report.
Auditor
Globalstep Overseas Private Limited is audited by R N C A & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R N C A & ASSOCIATES | FY 2020 | 131593W |
Shareholding
The shareholding of Globalstep Overseas Private Limited is on record for 3 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 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Globalstep Overseas Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Globalstep Overseas 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
No delayed payments to MSME suppliers are on our record for Globalstep Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Globalstep Overseas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG6995H1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Globalstep Overseas Private Limited, buy the company report.
Recent activity
Globalstep Overseas Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Hitesh Amrutlal Gandhi ceased to be Director on 03 Jun 2022.
Frequently asked questions
Globalstep Overseas has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Globalstep Overseas was a private limited company based in Ahmedabad, Gujarat, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 06 January 2017 and is registered under CIN U24100GJ2017PTC095030. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Globalstep Overseas was incorporated on 06 January 2017. It is registered with the Registrar of Companies, Ahmedabad.
Globalstep Overseas had 2 directors:
- Bharatsinh Ramsinh Solanki - Director
- Bhartesh Laxmichand Sanghvi - Director
The CIN (Corporate Identification Number) of Globalstep Overseas is U24100GJ2017PTC095030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Globalstep Overseas is at Ff 11B Shiv Complex Opp. Shrinandnagar, Makarba Road Vejalpur, Ahmedabad, Gujarat, India – 380051.
The latest financial statements of Globalstep Overseas 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 FY 2017 are in the company report.
The GSTIN of Globalstep Overseas is 24AAGCG6995H1Z6, registered in Gujarat.
Globalstep Overseas operated in the chemicals and materials industry, in the chemical distribution and retail segment.
The peers of Globalstep Overseas by revenue are C. J. Chemicals Private Limited, Umang Acid Chem Private Limited, Nihon Chemicals Private Limited, Invixo Chemicals Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Hitesh Amrutlal Gandhi ceased to be Director on 03 Jun 2022. Bhartesh Laxmichand Sanghvi was appointed as Director on 01 Jun 2022. Aniket Arvindbhai Shah ceased to be Additional Director on 10 Jan 2022. Globalstep Overseas has 6 board changes on record in total.