MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0010085
Globe Denwash Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹37.49 Cr
▼ 21% YoY
Net profit · FY 2023
₹44.46 Lakh
Net margin 1.2%
EBITDA · FY 2023
₹2.16 Cr
EBITDA margin 5.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.81 Cr
Issued & subscribed
Open charges
₹151.33 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
187
Provident fund records
About Globe Denwash Private Limited
Data last updated:
Globe Denwash Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18209GJ2017PTC095971. Its GSTIN is 24AAGCG7162C1ZV (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.81 Cr. It is led by directors including Bhavin Suryakant Parikh and Nilaybhai Jagdishbhai Vora.
Its last annual general meeting (AGM) was held on 15 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹37.49 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹44.46 Lakh (net margin 1.2%) and EBITDA of ₹2.16 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 187 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹151.33 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Cr; the latest was in March 2025. The company has 8 MSME Form 1 returns on record between 2018 and 2023, listing 86 overdue payments to 9 micro and small suppliers.
Globe Denwash Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0010085). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website globetextiles.net.
Company details
CIN U18209GJ2017PTC095971
Registration Number 095971
Incorporation Date 27 February 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0010085
Key People
Bhavin Suryakant Parikh Director Nilaybhai Jagdishbhai Vora Director Bhavik Suryakant Parikh Director Recognitions & Rankings of Globe Denwash
Contact details
Globe Denwash Private Limited's registered office is in Ahmedabad, Gujarat. Its website is globetextiles.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address180/3 Block No. E Shyam Jyot Estate Nr. Motipura Cross Road Shahwadi Saijpur Road Shahw, Adi, Ahmedabad, Gujarat, India – 382405
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Globe Denwash Private Limited, buy the company report.
Comprehensive company report
Globe Denwash 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
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Financials of Globe Denwash Private Limited
FY 2025 filings availableGlobe Denwash Private Limited reported revenue of ₹37.49 Cr (down 21% YoY) for FY 2023.
Revenue · FY 2023
₹37.49 Cr ▼ 21%
Net profit · FY 2023
₹44.46 Lakh margin 1.2%
EBITDA · FY 2023
₹2.16 Cr margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 17%
Revenue fell 21% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37.49 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.46 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Denwash Private Limited, buy the company report.
Board of directors of Globe Denwash Private Limited
Globe Denwash has 3 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 |
|---|---|---|---|---|
| Bhavin Suryakant Parikh Also directs: Kunthunath Impex LLP, Fundtonic Technology LLP, Apple Incubation Center LLP and 4 more | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
| Nilaybhai Jagdishbhai Vora Also directs: Globe Texfeb - LLP, Globe Enterprises (India) Limited | Director | 27 Feb 2017 | 9 Years 8 Months | Current |
| Bhavik Suryakant Parikh | Director | 27 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Globe Denwash Private Limited is audited by DHARMESH PARIKH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHARMESH PARIKH & CO. | FY 2023 | 112054W |
Shareholding
The shareholding of Globe Denwash 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 Globe Denwash Private Limited, buy the company report.
Charges & borrowings
Open charges
₹151.33 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2024 | 100859406 | Sidbi | ₹2.29 Cr | Open | |
| 30 Oct 2019 | 100304755 | Others | ₹145.04 Cr | Open | |
| 17 Jan 2018 | 100153743 | Others | ₹4 Cr | Open |
To see the full charge records of Globe Denwash Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Globe Denwash Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Cr; the latest was in March 2025.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹14 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Globe Enterprises (India) Limited Seller: 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2019 | Funding round | ₹14 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Globe Denwash Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
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, Ahmedabad, Gujarat | Court case (PWAPP-LC) | Filed against the company by an individual | Disposed |
To see the full case history of Globe Denwash 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.
Credit ratings & regulatory alerts
Globe Denwash Private Limited was last rated by Brickwork on 30 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 30 Jul 2021 |
To see the full credit ratings and regulatory alerts of Globe Denwash Private Limited, buy the company report.
MSME payment delays
Globe Denwash Private Limited has 8 MSME Form 1 returns on record between 2018 and 2023, listing 86 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Microgenix Specialities Private Limited | |||
| Cynosure Biotech Private Limited | |||
| an individual supplier | |||
| Jyot Sewing Machine Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Globe Denwash Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Globe Denwash Private Limited has a workforce of 187 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
187
Active EPFO establishments
1
Employee growth
-2.6%
GST
Globe Denwash has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG7162C1ZV | Gujarat | Active | 21 Aug 2017 |
To see the full GST registrations and return filing status of Globe Denwash Private Limited, buy the company report.
Recent activity
Globe Denwash Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Bhavin Suryakant Parikh ceased to be Director on 29 Mar 2021.
Charges
A charge with Others of Rs. 145.04 Cr registered on 30 Oct 2019 with Charge ID 100304755 was modified on 13 Nov 2025.
AGM
Globe Denwash Private Limited last Annual general meeting of members was held on 15 Jul 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 4.00 Cr registered on 17 Jan 2018 with Charge ID 100153743 was modified on 01 Jul 2025.
Filing
Globe Denwash Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 2.29 Cr with Charge ID 100859406 was registered on 06 Feb 2024.
Ceased
Bhavin Suryakant Parikh ceased to be Director.
Charges
A charge with Others amounted to Rs. 145.04 Cr with Charge ID 100304755 was registered on 30 Oct 2019.
Appointed
Bhavin Suryakant Parikh was appointed as Director.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100153743 was registered on 17 Jan 2018.
Appointed
Bhavik Suryakant Parikh was appointed as Director.
Appointed
Nilaybhai Jagdishbhai Vora was appointed as Director.
Incorporation
27 Feb 2017
Globe Denwash Private Limited was registered on 27 Feb 2017 with Roc Ahmedabad & aged 9 years 7 months as per MCA records.
News
Frequently asked questions
Globe Denwash is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 February 2017 (9+ years old) and is registered under CIN U18209GJ2017PTC095971.
Globe Denwash has 3 current directors:
- Bhavin Suryakant Parikh - Director
- Nilaybhai Jagdishbhai Vora - Director
- Bhavik Suryakant Parikh - Director
The latest financial statements of Globe Denwash on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 July 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Globe Denwash is 24AAGCG7162C1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Globe Denwash is U18209GJ2017PTC095971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globe Denwash has 1 court case on record: 1 filed against it.
Globe Denwash was incorporated on 27 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Globe Denwash has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹14 Cr; the latest was in March 2025.
Bhavin Suryakant Parikh ceased to be Director on 29 Mar 2021. Bhavin Suryakant Parikh was appointed as Director on 02 Apr 2018. Bhavik Suryakant Parikh was appointed as Director on 27 Feb 2017. Globe Denwash has 4 board changes on record in total.
Yes, Globe Denwash is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0010085).
Globe Denwash has 8 MSME Form 1 returns on record between 2018 and 2023, listing 86 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 Aug 2023.