About Gl-Turbo India Private Limited
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Gl-Turbo India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Jiangsu Gl-Turbo Corp. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 24 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29100KA2019FTC124632. Its GSTIN is 29AAHCG8352K1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Huaming Jin and Thiruppathi Chandramohan.
Its last annual general meeting (AGM) was held on 14 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.91 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.4 Lakh (net margin -31.1%) and EBITDA of -₹3.38 Lakh (EBITDA margin -31%).
For more details, the company can be reached via its website glturbo.com.
Company details
Contact details
Gl-Turbo India Private Limited's registered office is in Bangalore, Karnataka. Its website is glturbo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRmz Galleria Ambedkar Colony, Yelahanka Satellite Town, Bangalore, Karnataka, India – 560064
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Gl-Turbo 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
Business activity
The main business activity of Gl-Turbo India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Gl-Turbo India Private Limited, buy the company report.
Financials of Gl-Turbo India Private Limited
FY 2021 filings availableGl-Turbo India Private Limited reported revenue of ₹10.91 Lakh (up 511% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 511% in the latest year. EBITDA rose 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹10.91 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹3.38 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.4 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
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -31% | |
| Net Profit Margin | -31.1% | |
| 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 Gl-Turbo India Private Limited, buy the company report.
Board of directors of Gl-Turbo India Private Limited
Gl-Turbo India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Huaming Jin | Director | 24 May 2019 | 7 Years 5 Months | Current |
| Thiruppathi Chandramohan | Director | 24 May 2019 | 7 Years 5 Months | Current |
Auditor
Gl-Turbo India Private Limited is audited by A S P R & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S P R & CO | FY 2021 | 018262S |
Shareholding
The shareholding of Gl-Turbo India Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gl-Turbo India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gl-Turbo India Private 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 Gl-Turbo India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gl-Turbo India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG8352K1Z1 | Karnataka | Active | 12 Jun 2019 |
To see the full GST registrations and return filing status of Gl-Turbo India Private Limited, buy the company report.
Recent activity
Gl-Turbo India Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Martin Carlsen ceased to be Director on 10 Oct 2020.
Frequently asked questions
Gl-Turbo India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 24 May 2019 (7+ years old) and is registered under CIN U29100KA2019FTC124632.
Gl-Turbo India has 2 current directors:
- Huaming Jin - Director
- Thiruppathi Chandramohan - Director
The latest financial statements of Gl-Turbo India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 14 January 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Gl-Turbo India is 29AAHCG8352K1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Gl-Turbo India is U29100KA2019FTC124632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gl-Turbo India was incorporated on 24 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Martin Carlsen ceased to be Director on 10 Oct 2020. Huaming Jin was appointed as Director on 24 May 2019. Martin Carlsen was appointed as Director on 24 May 2019. Gl-Turbo India has 4 board changes on record in total.
Gl-Turbo India can be reached through the website glturbo.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Gl-Turbo India is at Rmz Galleria Ambedkar Colony, Yelahanka Satellite Town, Bangalore, Karnataka, India – 560064.
Gl-Turbo India operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
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