About
Basic Data Updated:
4 months agoIt is listed on the National Stock Exchange(NSE) under the ticker symbol GLOBE.
The Corporate was formerly known as Swaroop Financial Services Pvt Ltd. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized ... Read More
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Website1222442
- Telephone1222442
- Email Address1222442
| CIN/LLPIN/FCRN | L65910GJ1995PLC027673 |
| Company No. | 027673 |
| Stock Symbol | NSE : GLOBE |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 04 Oct 1995 |
| Date of AGM | 29 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Ahmedabad |
Products or Services related to Globe Textiles (India) Limited
Printed Cotton Fabric
Plain Bed Sheets
Scarf
Decorative Cushions
Financials of Globe Textiles (India) Limited
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Corporate Structure
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People in Globe Textiles (India) Limited
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Executive Team (3)
BP
Bhavik Parikh
Managing DirectorAppointment Date: 01-Feb-2006
Status: Current
BP
Bhavin Parikh CEOAppointment Date: 22-Mar-2017
Status: Current
FD
Faruk Diwan Company SecretaryAppointment Date: 26-Mar-2019
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Aug 2023 | ₹0.78 M | Open |
Others Creation Date: 11 Oct 2021 | ₹46.46 Cr | Open |
Others Creation Date: 17 Apr 2015 | ₹109.91 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Globe Denwash Private Limited
Active
7 years 1 month Bhavik Parikh and Nilaybhai Vora are mutual person
Recent activity within the organization
Annual General Meeting
Globe Textiles (India) Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023Charges
A charge with Others amounted to Rs. 0.08 cr with Charge ID 100781249 was registered on 17 Aug 2023.
17 Aug 2023Charges
A charge with Others of Rs. 109.91 cr registered on 17 Apr 2015 with Charge ID 10571034 was modified on 03 May 2023.
03 May 2023Balance Sheet
Globe Textiles (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
31 Mar 2023Charges
A charge with Others amounted to Rs. 46.46 cr with Charge ID 100493998 was registered on 11 Oct 2021.
11 Oct 2021
Recent News, Updates & Announcement
Globe Textiles rights issue closes on March 15.Knowledia 07 Mar 2024
- NSE grants inprinciple approval to Globe Textilesx27 rights issue funds to fuel growth.
The National Stock Exchange NSE has granted inprinciple approval to garment manufacturer Globe Textiles India Ltd for raising over Rs 45 crore through rig.
NewsDrum 22 Feb 2024
- Globe Textiles gets NSE nod for rights issue of up to Rs 49 crore to fuel growth.
Asian News International 21 Feb 2024
- Globe Textiles gets NSE nod for rights issue of up to Rs 49 crore to fuel growth.
New Delhi India February 21 Globe Textiles India Limited a globally recognised garment manufacturer supplier and trader has received inprinciple approval from the stock exchange NSE for a proposed right issue of up to 151141500 equity sharesThe company said in a press release on Wednesday that this strategic initiative underscored the companys commitment to enhancing shareholder value and fortifying its financial position for sustainable growthThe rights issue is an invitation to the existing shareholders to purchase additional shares of the company within a specific period at a discounted priceBhavin Parikh Chief Executive Officer at Globe Textiles India Limited said the funds will fuel its forward integration plans via acquisitionIt will enhance our asset base margins and topline as well as introduce innovative sustainable fashion garments and practices that are sought after by customers from India Europe and the US We are confident that this development will enhance the estimated top line by 120 crores to about 520 crores while improving margin by 2027 28 Parikh addedGlobe Textiles recorded revenue from operations of Rs 928296 lakhs for the quarter ended December 31 2023 For the nine months ended December 31 2023 the company reported revenue of Rs 3276163 lakhsThe company recorded a profit before tax of Rs 19883 lakhs in the quarter which is a good sign of growth compared to previous periodsAdditionally Globe Textiles reported a profit after tax of Rs 16383 lakhs for the quarter and Rs 44471 lakhs for the nine months ending on December 31 2023As per the release the companys profit after tax increased 4x from Rs 4761 lakhs to Rs 16383 lakhs in the previous comparative quarterDisclaimer This post has been autopublished from an agency feed without any modifications to the text and has not been reviewed by an editor.
Lokmat News 21 Feb 2024
- Globe Textiles India Ltd to acquire Globe Denwash Ltd aiming for sustainable growth.
New Delhi February 14 Globe Textiles India Limited GTIL a frontrunner in the textile industry engaged in manufacturing supply and trading of a wide array of textile and apparel products including Denim jeans Shirting fabrics and cotton printed fabrics has announced its ambitious plans to acquire Globe Denwash Private Limited through the purchase of shares.
newkerala 14 Feb 2024
Frequently asked questions
What is the Incorporation or founding date of Globe Textiles (India) Limited?
