Globe Power Solutions Private Limited

Globe Power Solutions Private Limited - energy and power in Ranchi, Jharkhand, India. FY 2026 financials & compliance.
CIN U31906JH2020PTC015099 Incorporated 09 September 2020 ROC Ranchi HQ Ranchi, Jharkhand, India
Active Private Limited Company energy and power DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹4.59 Cr
▲ 2% YoY
Net profit · FY 2024
₹9.55 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹13.88 Lakh
EBITDA margin 3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Open charges
₹2.46 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
22
Provident fund records

About Globe Power Solutions Private Limited

Data last updated:

Globe Power Solutions Private Limited is a private limited company based in Ranchi, Jharkhand, India, recognised as a startup by DPIIT. It operates in the power epc segment of the energy and power sector. It was incorporated on 09 September 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U31906JH2020PTC015099. Its GSTIN is 20AAICG5162C1Z5 (Jharkhand).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Vivek Bagla (Managing Director) and Vineet Bagla.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 501 5th Floor Mangal Murti Heights Rani Bagan Harmu Road, Ranchi, Jharkhand, India – 834001.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.59 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹9.55 Lakh (net margin 2.1%) and EBITDA of ₹13.88 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 144% over three years.

The company has about 22 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.46 Cr on record.

Globe Power Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-20-0006606). For more details, the company can be reached via its website globesolutions.in.

Company details

CIN U31906JH2020PTC015099
Registration Number 015099
Incorporation Date 09 September 2020
ROC Ranchi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-JH-20-0006606
Key People
Vivek Bagla Managing Director Vineet Bagla Director Ved Prakash Bagla Director

Recognitions & Rankings of Globe Power Solutions

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-JH-20-0006606

Contact details

Globe Power Solutions Private Limited's registered office is in Ranchi, Jharkhand. Its website is globesolutions.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    globesolutions.in
  • Registered Address
    501 5th Floor Mangal Murti Heights Rani Bagan Harmu Road, Ranchi, Jharkhand, India – 834001
  • Industry
    Energy and Power, Power EPC, BoP & BTG Services

To see the full contact details of Globe Power Solutions Private Limited, buy the company report.

Comprehensive company report
Globe Power Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Globe Power Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Globe Power Solutions Private Limited, buy the company report.

Financials of Globe Power Solutions Private Limited

FY 2025 filings available

Globe Power Solutions Private Limited reported revenue of ₹4.59 Cr (up 2% YoY) for FY 2024.

Revenue · FY 2024
₹4.59 Cr ▲ 2%
Net profit · FY 2024
₹9.55 Lakh margin 2.1%
EBITDA · FY 2024
₹13.88 Lakh margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 144%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 324%

Revenue has grown at a compounded annual rate (CAGR) of 144% over three years, including 2% growth in the latest year. EBITDA rose 5% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹13.88 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.55 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3%
Net Profit Margin2.1%
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 Power Solutions Private Limited, buy the company report.

Board of directors of Globe Power Solutions Private Limited

Globe Power Solutions has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vivek BaglaManaging Director09 Sep 20206 Years 1 MonthsCurrent
Vineet Bagla
Also directs: Globe Elv Solutions LLP, Surjabasha Tasya Private Limited
Director09 Sep 20206 Years 1 MonthsCurrent
Ved Prakash BaglaDirector09 Sep 20206 Years 1 MonthsCurrent
Pragati BaglaDirector07 Dec 20241 Years 10 MonthsCurrent
View all directors

Auditor

Globe Power Solutions Private Limited is audited by H ADUKIA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
H ADUKIA & ASSOCIATESFY 20230008941C

Shareholding

The shareholding of Globe Power Solutions Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Globe Power Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.46 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.46 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Jun 2024100935414Others₹2.46 CrOpen

To see the full charge records of Globe Power Solutions Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Globe Power Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Globe Power Solutions Private Limited has a workforce of 22 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
22
Active EPFO establishments
1
Employee growth
15.79%

GST

Globe Power Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
20AAICG5162C1Z5JharkhandActive05 Nov 2020

To see the full GST registrations and return filing status of Globe Power Solutions Private Limited, buy the company report.

Recent activity

Globe Power Solutions Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Pragati Bagla was appointed as Director on 07 Dec 2024.

AGM
Globe Power Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Globe Power Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ranchi.
Charges
A charge with Others of Rs. 245.53 Lakh registered on 03 Jun 2024 with Charge ID 100935414 was modified on 20 Mar 2025.
Appointed
Pragati Bagla was appointed as Director.
Charges
A charge with Others amounted to Rs. 245.53 Lakh with Charge ID 100935414 was registered on 03 Jun 2024.
Appointed
Ved Prakash Bagla was appointed as Director.
Appointed
Vineet Bagla was appointed as Director.
Appointed
Vivek Bagla was appointed as Managing Director.
Incorporation
09 Sep 2020
Globe Power Solutions Private Limited was registered on 09 Sep 2020 with Roc Ranchi & aged 6 years 1 month as per MCA records.

Frequently asked questions

Globe Power Solutions is an active private limited company based in Ranchi, Jharkhand, India. The company works in power epc, within the energy and power industry. It was incorporated on 09 September 2020 (6+ years old) and is registered under CIN U31906JH2020PTC015099.

Globe Power Solutions has 4 current directors:

The latest financial statements of Globe Power Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Globe Power Solutions is 20AAICG5162C1Z5, registered in Jharkhand.

The CIN (Corporate Identification Number) of Globe Power Solutions is U31906JH2020PTC015099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Globe Power Solutions was incorporated on 09 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ranchi.

Pragati Bagla was appointed as Director on 07 Dec 2024. Ved Prakash Bagla was appointed as Director on 09 Sep 2020. Vineet Bagla was appointed as Director on 09 Sep 2020. Globe Power Solutions has 4 board changes on record in total.

Yes, Globe Power Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Globe Power Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-JH-20-0006606).

Globe Power Solutions can be reached through the website globesolutions.in. Its registered office is in Ranchi, Jharkhand, India.