About Global Infonet Distribution Private Limited
Data last updated:
Global Infonet Distribution Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Global Distribution Fze. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 27 December 2007.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51101DL2007PTC171871. Its GSTIN is 22AADCG0161G1Z9 (Chhattisgarh). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹21.62 Cr. It is led by directors Sundarraj Venkatraman (Whole-Time Director) and Anirudh Kumar.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at C – 143 Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2017, the company reported a revenue of ₹910.86 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹4.1 Lakh (net margin 0%) and EBITDA of ₹10.66 Cr (EBITDA margin 1.2%).
As per MCA filings, the company has open charges of ₹65 Cr and satisfied charges of ₹290.5 Cr on record. Court records list 187 cases involving the company, including 152 filed by the company and 35 filed against it; 10 cases are pending.
The last known website on record is globalinfonet.in.
Company details
Contact details
Global Infonet Distribution Private Limited's registered office is in New Delhi, Delhi. Its website is globalinfonet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 143 Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Global Infonet Distribution 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 Global Infonet Distribution 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 Global Infonet Distribution Private Limited, buy the company report.
Financials of Global Infonet Distribution Private Limited
FY 2017 filings availableGlobal Infonet Distribution Private Limited reported revenue of ₹910.86 Cr (down 19% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year. EBITDA fell 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹910.86 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹10.66 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.1 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.2% | ||
| Net Profit Margin | 0% | ||
| 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 Global Infonet Distribution Private Limited, buy the company report.
Board of directors of Global Infonet Distribution Private Limited
Global Infonet Distribution has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anirudh Kumar | Additional Director | 26 Apr 2018 | 8 Years 5 Months | As last reported |
| Sundarraj Venkatraman | Whole-Time Director | 27 Dec 2016 | 9 Years 9 Months | As last reported |
Peer comparison
Global Infonet Distribution Private Limited is compared with the 7 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ivalue Infosolutions Limited | ₹942.35 Cr (FY 2025) | 19.0% | Bangalore, Karnataka, India | |||
| Wysetek Systems Technologists Private Limited | ₹932.61 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Systech IT Solutions Limited | ₹911.91 Cr (FY 2024) | 20.0% | Bangalore, Karnataka, India | |||
| Global Infonet Distribution Private Limitedthis company | ₹910.86 Cr (FY 2017) | ₹4.1 Lakh | 0% | -19.0% | New Delhi, Delhi, India | |
| Tp-Link India Private Limited | ₹863.42 Cr (FY 2025) | 29.0% | Vasai, Maharashtra, India | |||
| SK Hynix Semiconductor India Private Limited | ₹813.15 Cr (FY 2025) | 46.0% | Delhi, India | |||
| Brilyant IT Solutions Private Limited | ₹789.43 Cr (FY 2024) | 25.0% | Bangalore, Karnataka, India | |||
| Link Telecom Private Limited | ₹787.58 Cr (FY 2025) | 23.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Global Infonet Distribution Private Limited, buy the company report.
Auditor
Global Infonet Distribution Private Limited is audited by G R A N T & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R A N T & CO | FY 2017 | 013684S |
Shareholding
The shareholding of Global Infonet Distribution Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Global Infonet Distribution Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2015 | 10607272 | State Bank of Mysore | ₹25 Cr | Open | |
| 25 Sep 2012 | 10381731 | State Bank of India | ₹40 Cr | Open | |
| 01 Oct 2013 | 10456403 | Axis Bank Limited | ₹26 Cr | Satisfied | |
| 31 Oct 2012 | 10388754 | Standard Chartered Bank | ₹35 Cr | Satisfied | |
| 24 Jul 2012 | 10375601 | Indusind Bank Ltd. | ₹15 Cr | Satisfied |
To see the full charge records of Global Infonet Distribution Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Global Infonet Distribution Private Limited has 187 court cases on record: 152 filed by Global Infonet Distribution, 35 filed against it. 10 cases are pending and 177 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 161 | 29 | 6 |
| High courts | 19 | 4 | 2 |
| NCLT | 3 | 0 | 0 |
| NCLAT | 3 | 1 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 187)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by Digitus Electronics Pvt Ltd & Ors. | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Gaininsights Solutions Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Tespa Infotech Pvt Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Ibm India Pvt Ltd | Pending |
| District court, West, Delhi | Court case (T.P. CRL) | Filed against the company by H M Informatics Pvt Ltd | Disposed |
To see the full case history of Global Infonet Distribution 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.
Credit ratings & regulatory alerts
Global Infonet Distribution Private Limited was last rated by Crisil on 21 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jan 2020 |
To see the full credit ratings and regulatory alerts of Global Infonet Distribution Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Global Infonet Distribution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Global Infonet Distribution has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCG0161G1Z9 | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Global Infonet Distribution Private Limited, buy the company report.
Recent activity
Global Infonet Distribution Private Limited has 15 board changes on record since 2008: 2 appointments and 13 cessations. The latest: Anirudh Kumar was appointed as Additional Director on 26 Apr 2018.
31 earlier events are in the company report.
Frequently asked questions
Global Infonet Distribution is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Global Infonet Distribution is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 27 December 2007 and is registered under CIN U51101DL2007PTC171871. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Global Infonet Distribution has 2 current directors:
- Sundarraj Venkatraman - Whole-Time Director
- Anirudh Kumar - Additional Director
The latest financial statements of Global Infonet Distribution on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Global Infonet Distribution is U51101DL2007PTC171871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Infonet Distribution has open charges of ₹65 Cr and satisfied charges of ₹290.5 Cr as per latest MCA filings.
Global Infonet Distribution has 187 court cases on record: 152 filed by the company and 35 filed against it. 10 are pending. Most are in the district courts.
Global Infonet Distribution was incorporated on 27 December 2007. It is registered with the Registrar of Companies, Delhi.
The peers of Global Infonet Distribution by revenue are Ivalue Infosolutions Limited, Wysetek Systems Technologists Private Limited, Systech IT Solutions Limited, Tp-Link India Private Limited, SK Hynix Semiconductor India Private Limited and 2 more, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Anirudh Kumar was appointed as Additional Director on 26 Apr 2018. Prashant Prakash ceased to be Whole-Time Director on 26 Apr 2018. Sundarraj Venkatraman ceased to be Additional Director on 31 May 2017. Global Infonet Distribution has 15 board changes on record in total.
Global Infonet Distribution can be reached through the website globalinfonet.in. Its registered office is in New Delhi, Delhi, India.