About Globe Panel Industries India Private Limited
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Globe Panel Industries India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 28 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2010PTC202109. Its GSTIN is 07AADCG7946H1ZC (Delhi). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹36 Cr and a paid-up capital of ₹32.37 Cr. It is led by directors including Sanjeev Aggarwal and Sourabh Aggarwal.
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 is at Unit No. 108 Ist Floor Ndm – 2 Plot No. D – 1 – 2 – 3 Wazirpur District Centre Netaji Subhash, Place, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹429.35 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹4.78 Cr (net margin 1.1%) and EBITDA of ₹49.82 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over five years.
The company has about 495 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Globe Panel Industries. As per MCA filings, the company has open charges of ₹318.43 Cr and satisfied charges of ₹220.93 Cr on record. Court records list 34 cases involving the company, including 15 filed by the company and 19 filed against it; 18 cases are pending. The company has 13 deals on record (7 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹98.52 Cr; the latest was in February 2024. Its 9 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 larger and 5 smaller; the largest is Metro Decorative Private Limited with revenue of ₹586.83 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website globepanel.in.
Company details
Contact details
Globe Panel Industries India Private Limited's registered office is in New Delhi, Delhi. Its website is globepanel.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 108 Ist Floor Ndm – 2 Plot No. D – 1 – 2 – 3 Wazirpur District Centre Netaji Subhash, Place, New Delhi, Delhi, India – 110034
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Globe Panel Industries India 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
Brands
Globe Panel Industries India operates one associated brand: Globe Panel Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and distributes high-quality plywood and laminate products for industrial use. | globepanel.in |
Business activity
The main business activity of Globe Panel Industries India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Globe Panel Industries India Private Limited, buy the company report.
Financials of Globe Panel Industries India Private Limited
FY 2024 filings availableGlobe Panel Industries India Private Limited reported revenue of ₹429.35 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 12% growth in the latest year. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹49.82 Cr | ||||
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| Net Profit (PAT) | ₹4.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Globe Panel Industries India Private Limited, buy the company report.
Board of directors of Globe Panel Industries India Private Limited
Globe Panel Industries India has 7 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Aggarwal Also directs: Globe Wood Private Limited, Globe Papers Limited | Director | 28 Apr 2010 | 16 Years 5 Months | Current |
| Sourabh Aggarwal Also directs: Globe Wood Private Limited, Globe Papers Limited | Director | 28 Apr 2010 | 16 Years 5 Months | Current |
| Sarthak Aggarwal | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
| Harshit Aggarwal | Director | 01 Nov 2019 | 6 Years 11 Months | Current |
| Sharwan Kumar Also directs: Futuristic Sales Pvt Ltd | Director | 05 Dec 2010 | 15 Years 10 Months | Current |
| Rajan Aggarwal Also directs: Globe Papers Limited | Director | 05 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
Globe Panel Industries India Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metro Decorative Private Limited | ₹586.83 Cr (FY 2025) | 69.0% | Himachal Pradesh, India | |||
| Archidply Industries Limited | ₹557.46 Cr (FY 2025) | 27.0% | Rudrapur, Uttarakhand, India | |||
| Merino Panel Products Ltd | ₹524.23 Cr (FY 2020) | -3.0% | Kolkata, West Bengal, India | |||
| Advance Decorative Laminate Private Limited | ₹505.44 Cr (FY 2025) | 30.0% | Delhi, India | |||
| Globe Panel Industries India Private Limitedthis company | ₹429.35 Cr (FY 2025) | ₹4.78 Cr | 1.1% | 12.0% | 495 | New Delhi, Delhi, India |
| Chaudhary Timber Industries Private Limited | ₹416.06 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Century Panels Limited | ₹396.03 Cr (FY 2025) | 6928.0% | Kolkata, West Bengal, India | |||
| Associate Decor Limited | ₹392.44 Cr (FY 2015) | 30.0% | Malur, Karnataka, India | |||
| Crown Decor Private Limited | ₹389.02 Cr (FY 2024) | 15.0% | Sanand, Gujarat, India | |||
| Duroply Industries Limited | ₹372.73 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Globe Panel Industries India Private Limited, buy the company report.
Auditor
Globe Panel Industries India Private Limited is audited by M A R S & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A R S & Associates | FY 2023 | 010484N |
Shareholding
The shareholding of Globe Panel Industries India 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 Panel Industries India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2025 | 101122693 | Others | ₹17 Cr | Open | |
| 24 Oct 2024 | 100995110 | Others | ₹43.05 Lakh | Open | |
| 31 Jul 2024 | 100956005 | Others | ₹9.51 Cr | Open | |
| 19 Jun 2024 | 100945445 | Others | ₹29 Lakh | Open | |
| 27 May 2024 | 100928036 | Others | ₹2.88 Cr | Open |
To see the full charge records of Globe Panel Industries India Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Globe Panel Industries India Private Limited has 13 deals on record (7 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹98.52 Cr; the latest was in February 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Ramada Hospitality Private Limited , Better Homes Buildtech Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Better Homes Buildtech Private Limited |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Akshika Trading Enterprises Private Limited , Avdhesh Construction and Impex Private Limited , 2 individuals |
| Mar 2012 | Funding round | ₹4.06 Cr | Investors: Future Corporation Limited , Kangana Merchandise Private Limited , Sundeep Credits Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Futuristic Sales Pvt Ltd , Better Homes Buildtech Private Limited , 2 individuals Seller: Explore Computech Private Limited , The Indo British Engineering Company Private Limited, Comport Marketing Private Limited |
To see the full deal history of Globe Panel Industries India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Globe Panel Industries India Private Limited has 34 court cases on record: 15 filed by Globe Panel Industries India, 19 filed against it. 18 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 18 | 17 |
| High courts | 5 | 1 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Sahastraa Exports Pvt Ltd Through Its Authorized Signatory Tarkeshwar Sahani | Pending |
| District court, Yamunanagar, Haryana | Civil suit | Filed by the company against Greenline Decor Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ashberg India Advisors Pvt Ltd | Disposed |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Ashberg India Advisors Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by BK Sales Corporation | Pending |
To see the full case history of Globe Panel Industries India 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 Panel Industries India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Globe Panel Industries India Private Limited has a workforce of 495 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
GST
Globe Panel Industries India has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCG7946H1ZC | Delhi | Active | 22 Nov 2024 |
| 06AADCG7946H1ZE | Haryana | Active | 01 Jul 2017 |
| 27AADCG7946H1ZA | Maharashtra | Active | 02 Jan 2018 |
| 19AADCG7946H1Z7 | West Bengal | Active | 12 Feb 2018 |
To see the full GST registrations and return filing status of Globe Panel Industries India Private Limited, buy the company report.
Recent activity
Globe Panel Industries India Private Limited has 19 board changes on record since 2010: 7 appointments and 12 cessations. The latest: Shubhangi Aggarwal was appointed as Additional Director on 01 Apr 2025.
52 earlier events are in the company report.
Frequently asked questions
Globe Panel Industries India is an active private limited company based in New Delhi, Delhi, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 28 April 2010 (16+ years old) and is registered under CIN U74900DL2010PTC202109.
Globe Panel Industries India has 7 current directors:
- Sanjeev Aggarwal - Director
- Sourabh Aggarwal - Director
- Sarthak Aggarwal - Director
- Harshit Aggarwal - Director
- Sharwan Kumar - Director
- Rajan Aggarwal - Director
- Shubhangi Aggarwal - Additional Director
The latest financial statements of Globe Panel Industries India 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 2015 are in the company report.
The GSTIN of Globe Panel Industries India is 07AADCG7946H1ZC, registered in Delhi. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 06AADCG7946H1ZE (Haryana), 27AADCG7946H1ZA (Maharashtra), 19AADCG7946H1Z7 (West Bengal).
The CIN (Corporate Identification Number) of Globe Panel Industries India is U74900DL2010PTC202109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globe Panel Industries India has 34 court cases on record: 15 filed by the company and 19 filed against it. 18 are pending. Most are in the district courts.
Globe Panel Industries India was incorporated on 28 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Globe Panel Industries India has 13 deals on record (7 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹98.52 Cr; the latest was in February 2024.
The peers of Globe Panel Industries India by revenue are Metro Decorative Private Limited, Archidply Industries Limited, Merino Panel Products Ltd, Advance Decorative Laminate Private Limited, Chaudhary Timber Industries Private Limited and 4 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Shubhangi Aggarwal was appointed as Additional Director on 01 Apr 2025. Ranjana Goel ceased to be Director on 31 Mar 2025. Dinesh Kumar Goel ceased to be Director on 13 Mar 2022. Globe Panel Industries India has 19 board changes on record in total.
Globe Panel Industries India can be reached through the website globepanel.in. Its registered office is in New Delhi, Delhi, India.