About Globiz Associates Limited
Data last updated:
Globiz Associates Limited was a public limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 December 2004.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2004PLC131526. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Bansal Management Services Limited and Bansal Management Services Limited.
Its last annual general meeting (AGM) was held on 10 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 79 – Shyam Lal Road Daryaganj, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2020, the company reported a revenue of ₹8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10,642 (net margin 1.3%) and EBITDA of ₹11,700 (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 7% over five years.
The last known website on record is globizassociates.com.
Company details
Name history
Globiz Associates has undergone 3 name changes throughout its history. The company was previously known as Bansal Management Services Limited, Bansal Management Services Limited, and Bansal Management Services Private Limited. The current legal name is Globiz Associates Limited.
| Company Name | Status |
|---|---|
| Globiz Associates Limited | Current |
| Bansal Management Services Limited | Previous |
| Bansal Management Services Limited | Previous |
| Bansal Management Services Private Limited | Previous |
CIN history
Globiz Associates has one previous CIN (Corporate Identification Number): U74140DL2004PTC131526. The current CIN is U74140DL2004PLC131526, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140DL2004PLC131526 | Current |
| U74140DL2004PTC131526 | Previous |
Contact details
Globiz Associates Limited's registered office is in New Delhi, Delhi. Its website is globizassociates.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address79 – Shyam Lal Road Daryaganj, New Delhi, Delhi, India – 110002
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Globiz Associates 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
Business activity
The main business activity of Globiz Associates is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Globiz Associates Limited, buy the company report.
Financials of Globiz Associates Limited
FY 2020 filings availableGlobiz Associates Limited reported revenue of ₹8 Lakh (up 84826% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years. EBITDA rose 249% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11,700 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10,642 | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Globiz Associates Limited, buy the company report.
Board of directors of Globiz Associates Limited
Globiz Associates has 7 former directors on record and no current directors listed.
Auditor
Globiz Associates Limited is audited by MANMOHAN SINGH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANMOHAN SINGH & CO | FY 2020 | 000107N |
Shareholding
The shareholding of Globiz Associates Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Globiz Associates Limited, buy the company report.
Legal cases
No court or tribunal cases involving Globiz Associates Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Globiz Associates Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Globiz Associates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Globiz Associates Limited, buy the company report.
Recent activity
Globiz Associates Limited has 7 board changes on record since 2018: 0 appointments and 7 cessations. The latest: Archana Bansal ceased to be Director on 15 Jun 2021.
Frequently asked questions
Globiz Associates has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Globiz Associates was a public limited company based in New Delhi, Delhi, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 December 2004 and is registered under CIN U74140DL2004PLC131526. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Globiz Associates is U74140DL2004PLC131526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globiz Associates was incorporated on 22 December 2004. It is registered with the Registrar of Companies, Delhi.
Globiz Associates can be reached through the website globizassociates.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Globiz Associates is at 79 – Shyam Lal Road Daryaganj, New Delhi, Delhi, India – 110002.
The latest financial statements of Globiz Associates on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 10 October 2020. Year-wise statements from 2015 are in the company report.
No. Globiz Associates has 1 GST registration on record and it is cancelled or inactive.
Globiz Associates operated in the business outsourcing industry, in the business and IT consulting segment.
Archana Bansal ceased to be Director on 15 Jun 2021. Manish Kumar Bansal ceased to be Director on 15 Jun 2021. Mahavir Prasad Garg ceased to be Additional Director on 30 Sep 2018. Globiz Associates has 7 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
