Globe Accessories Private Limited
About Globe Accessories Private Limited
Data last updated:
Globe Accessories Private Limited is a private limited company based in Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 17 August 1963 and has been in existence for over 63 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34300PN1963PTC014565. Its GSTIN is 27AAACG4173B1Z0 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.02 Lakh. It is led by directors Pushpa Ramesh Tagare and Sameer Ramesh Tagare.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Gat. No. 2145/2146 Nanekarwadi Chakan Khed Pune – 410 501., Maharashtra, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹25.34 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹28.21 Lakh (net margin -111.3%) and EBITDA of -₹26.35 Lakh (EBITDA margin -104%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 9% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.73 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Globe Accessories Private Limited's registered office is in Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGat. No. 2145/2146 Nanekarwadi Chakan Khed Pune – 410 501., Maharashtra, India
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Globe Accessories 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 Globe Accessories is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Globe Accessories Private Limited, buy the company report.
Financials of Globe Accessories Private Limited
FY 2019 filings availableGlobe Accessories Private Limited reported revenue of ₹25.34 Lakh (down 36% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 36% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.34 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹26.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.21 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -104% | ||||
| Net Profit Margin | -111.3% | ||||
| 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 Globe Accessories Private Limited, buy the company report.
Board of directors of Globe Accessories Private Limited
Globe Accessories has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpa Ramesh Tagare | Director | 12 Mar 2010 | 16 Years 7 Months | Current |
| Sameer Ramesh Tagare | Director | 19 Sep 1994 | 32 Years 1 Months | Current |
Auditor
Globe Accessories Private Limited is audited by R R SHET & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R SHET & CO | FY 2019 | 119509W |
Shareholding
The shareholding of Globe Accessories Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Globe Accessories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2008 | 10104484 | The Cosmos Co-Operative Bank Limited Aundh Sanewadi Branch | ₹25 Lakh | Open | |
| 12 Feb 2008 | 10104486 | The Cosmos Co-Operative Bank Limited Aundh Sanewadi Branch | ₹75 Lakh | Open | |
| 31 Mar 2004 | 90092583 | The Comos Co-Op. Bank Ltd. | ₹40 Lakh | Open | |
| 27 Mar 2000 | 90091222 | The Comos Co-Op. Bank Ltd. | ₹33 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Globe Accessories Private Limited has 4 court cases on record: 1 filed by Globe Accessories, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed against the company by individuals | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by an individual | Disposed |
To see the full case history of Globe Accessories 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 Globe Accessories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Globe Accessories Private Limited has a workforce of 1 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Globe Accessories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG4173B1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Globe Accessories Private Limited, buy the company report.
Recent activity
Globe Accessories Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Pushpa Ramesh Tagare ceased to be Additional Director on 30 Sep 2010.
Frequently asked questions
Globe Accessories is an active private limited company based in Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 17 August 1963 (63+ years old) and is registered under CIN U34300PN1963PTC014565.
Globe Accessories has 2 current directors:
- Pushpa Ramesh Tagare - Director
- Sameer Ramesh Tagare - Director
The latest financial statements of Globe Accessories on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Globe Accessories is 27AAACG4173B1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Globe Accessories is U34300PN1963PTC014565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globe Accessories has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending.
Globe Accessories was incorporated on 17 August 1963, making it 63+ years old. It is registered with the Registrar of Companies, Pune.
Pushpa Ramesh Tagare ceased to be Additional Director on 30 Sep 2010. Pushpa Ramesh Tagare was appointed as Director on 12 Mar 2010. Ramesh Gajanan Tagare ceased to be Director on 10 Mar 2010. Globe Accessories has 4 board changes on record in total.
The registered office of Globe Accessories is at Gat. No. 21452146 Nanekarwadi Chakan Khed Pune – 410 501., Maharashtra, India.
Globe Accessories operates in the automotive industry, in the auto parts and components segment.
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