Globe IT Solution Private Limited

Globe IT Solution Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900MH2011PTC225426 Incorporated 26 December 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2017
₹33,000
▼ 85% YoY
Net profit · FY 2017
₹6,668
Net margin 20.2%
EBITDA · FY 2017
₹6,668
EBITDA margin 20.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
GST registrations
2
None active

About Globe IT Solution Private Limited

Data last updated:

Globe IT Solution Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 26 December 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2011PTC225426. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kishore Maganlal Virash and Usha Kishor Virash.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Office No 225 2nd Floor Champaklal Ind Estate Plot No 105 Sion Koliwada Rd Sion, Mumbai, Maharashtra, India – 400022.

As per the financials filed for FY 2017, the company reported a revenue of ₹33,000, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹6,668 (net margin 20.2%) and EBITDA of ₹6,668 (EBITDA margin 20.2%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years.

Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website globeitsolution.com.

Company Details of Globe IT Solution Private Limited
CIN U74900MH2011PTC225426
Registration Number 225426
Incorporation Date 26 December 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Office No 225 2nd Floor Champaklal Ind Estate Plot No 105 Sion Koliwada Rd Sion, Mumbai, Maharashtra, India – 400022
  • Industry
    Information Technology, Computer Programming, Consultancy
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Financials, compliance, directors, charges, ownership and filings for Globe IT Solution Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Globe IT Solution Private Limited

The main business activity of Globe IT Solution is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Globe IT Solution Private Limited FY 2018 filings available

Globe IT Solution Private Limited reported revenue of ₹33,000 (down 85% YoY) for FY 2017.

Revenue · FY 2017
₹33,000 ▼ 85%
Net profit · FY 2017
₹6,668 margin 20.2%
EBITDA · FY 2017
₹6,668 margin 20.2%

Compounded Annual Growth Rate (CAGR) of Globe IT Solution Private Limited

Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 56%
EBITDA CAGR growth
1 year
▲ 117%
3 years · compounded
▲ 28%

Revenue has declined at a compounded annual rate (CAGR) of 56% over three years, including a 85% fall in the latest year. EBITDA rose 117% 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 of Globe IT Solution Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹33,000••••••••
Other Income••••••••••••
Total Revenue••••••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA₹6,668••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹6,668••••••••
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 of Globe IT Solution Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin20.2%••••••••
Net Profit Margin20.2%••••••••
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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Globe IT Solution are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Globe IT Solution Private Limited

Globe IT Solution Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Future Sapien Innovations (OPC) Private Limited₹33,141 (FY 2024)••••••••-99.0%••••Lucknow, Uttar Pradesh, India
JMN Oasys Online Experts Private Limited₹33,052 (FY 2019)••••••••••••Chandigarh, India
Anushilanam Informationtechnologies Corp Private Limited₹33,048 (FY 2017)••••••••••••Indore, Madhya Pradesh, India
Globe IT Solution Private Limited this company₹33,000 (FY 2017)••••••••-85.0%••••Mumbai, Maharashtra, India
Air Voice Engineering Solutions Private Limited₹33,000 (FY 2017)••••••••-55.0%••••Hyderabad, Telangana, India
Qpivolta Technologies Private Limited₹33,000 (FY 2025)••••••••-100.0%••••Bangalore, Karnataka, India
Nutritracs Systems Private Limited₹33,000 (FY 2017)••••••••••••Chennai, Tamil Nadu, India
Hexcode Think Private Limited₹32,944 (FY 2023)••••••••••••Malappuram, Kerala, India
Aplopio Technology Private Limited₹32,932 (FY 2025)••••••••-99.0%••••Bangalore, Karnataka, India
CPJ Software Private Limited₹32,915 (FY 2025)••••••••-85.0%••••Chirala, Andhra Pradesh, India
Web-Ace Tech Services Private Limited₹32,853 (FY 2024)••••••••-99.0%••••Howrah, West Bengal, India

Peers are the five companies nearest above and the five nearest below Globe IT Solution by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Globe IT Solution Private Limited

Globe IT Solution Private Limited is audited by NITESHSHIRISHCHANDRANANAVATI for the financial year 2017.

NameStatusAppointment DateCessation Date
NITESHSHIRISHCHANDRANANAVATILockedLockedLocked
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Board of Directors of Globe IT Solution Private Limited

Globe IT Solution has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kishore Maganlal VirashDirector26 Dec 201114 Years 9 MonthsCurrent
Usha Kishor VirashDirector26 Dec 201114 Years 9 MonthsCurrent

Ownership and Shareholding of Globe IT Solution Private Limited

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Charges & Borrowings of Globe IT Solution Private Limited

Globe IT Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Globe IT Solution Private Limited

Employment history and EPFO contributions of people linked to Globe IT Solution.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Globe IT Solution Private Limited

Globe IT Solution Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Kishore Maganlal Virash was appointed as Director on 26 Dec 2011.

AGM
Globe It Solution Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Globe It Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
Appointed
Kishore Maganlal Virash was appointed as Director.
Appointed
Usha Kishor Virash was appointed as Director.
Incorporation
26 Dec 2011
Globe It Solution Private Limited was registered on 26 Dec 2011 with Roc Mumbai & aged 14 years 9 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Globe IT Solution Private Limited

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MSME Payment Delays by Globe IT Solution Private Limited

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Subsidiaries & Group Companies of Globe IT Solution Private Limited

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Corporate group structure

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GST Compliance of Globe IT Solution Private Limited

Globe IT Solution has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Globe IT Solution Private Limited

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Frequently Asked Questions about Globe IT Solution Private Limited

Globe IT Solution is an active private limited company based in Mumbai, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 26 December 2011 (15+ years old) and is registered under CIN U74900MH2011PTC225426.

Globe IT Solution reported revenue of ₹33,000 for FY 2017 (down 85% YoY).

Globe IT Solution has 2 current directors:

Globe IT Solution reported a net profit of ₹6,668 (net margin 20.2%) and EBITDA of ₹6,668 (EBITDA margin 20.2%) for FY 2017, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Globe IT Solution is -56% over three years. In the latest year (FY 2017) revenue fell 85%. CAGR is the steady yearly rate that links the first and the last year.

No. Globe IT Solution has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Globe IT Solution is U74900MH2011PTC225426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Globe IT Solution has 1 court case on record: 1 filed by the company.

Globe IT Solution was incorporated on 26 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Globe IT Solution by revenue are Future Sapien Innovations (OPC) Private Limited, JMN Oasys Online Experts Private Limited, Anushilanam Informationtechnologies Corp Private Limited, Air Voice Engineering Solutions Private Limited, Qpivolta Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).

Kishore Maganlal Virash was appointed as Director on 26 Dec 2011. Usha Kishor Virash was appointed as Director on 26 Dec 2011.

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