About Nine Globe Industries Private Limited
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Nine Globe Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 22 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2008PTC184921. Its GSTIN is 27AACCN8403F1ZM (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Ashish Virendra Mehta (Managing Director) and Virendra Navratanmal Mehta.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.71 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹85.08 Lakh and EBITDA of -₹19.29 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 92% over three years and 77% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.58 Cr and satisfied charges of ₹4.66 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nineglobe.com.
Company details
CIN history
Nine Globe Industries has one previous CIN (Corporate Identification Number): U33119MH2008PTC184921. The current CIN is U40300MH2008PTC184921, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300MH2008PTC184921 | Current |
| U33119MH2008PTC184921 | Previous |
Contact details
Nine Globe Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is nineglobe.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressB2 – 1002 Marathon Nextgen Innova Opp. Peninsula Corporate Park Lower Par, El (West), Mumbai, Maharashtra, India – 400013
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Nine Globe Industries 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 activities of Nine Globe Industries are trade and real estate. In detail, this covers wholesale trading and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Nine Globe Industries Private Limited, buy the company report.
Financials of Nine Globe Industries Private Limited
FY 2020 filings availableNine Globe Industries Private Limited reported revenue of ₹3.71 Lakh (down 94% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over five years, including a 94% fall 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 | |||||
| Other Income | |||||
| Total Revenue | ₹3.71 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹85.08 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 | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Nine Globe Industries Private Limited, buy the company report.
Board of directors of Nine Globe Industries Private Limited
Nine Globe Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virendra Navratanmal Mehta Also directs: Veme Global Business Limited Liability Partnership, Big Sun Power Private Limited, Akira Global Business Private Limited and 1 more | Director | 22 Jul 2008 | 18 Years 3 Months | Current |
| Ashish Virendra Mehta Also directs: Ankur Prestige Buildcity Private Limited, Buena Vida Leisure Private Limited, February 30 Hospitality Private Limited and 4 more | Managing Director | 29 Sep 2008 | 18 Years 1 Months | Current |
Auditor
Nine Globe Industries Private Limited is audited by JAIN & JAIN for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN & JAIN | FY 2020 | 103869W |
Shareholding
The shareholding of Nine Globe Industries Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nine Globe Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2013 | 10451353 | Icici Bank Limited | ₹2.08 Cr | Open | |
| 17 Jul 2012 | 10366028 | Others | ₹7 Cr | Open | |
| 08 Jun 2012 | 10360253 | Bank of Maharashtra | ₹4.5 Cr | Open | |
| 29 Nov 2011 | 10330288 | Tata Capital Limited | ₹65.5 Lakh | Satisfied | |
| 09 Feb 2011 | 10273832 | United Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of Nine Globe Industries Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Nine Globe Industries Private Limited has 12 court cases on record: 1 filed by Nine Globe Industries, 11 filed against it. 6 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 5 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Modern India Limited | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Modern India Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Nine Globe Industries 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
Nine Globe Industries Private Limited was last rated by Icra on 15 Sep 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Sep 2015 |
To see the full credit ratings and regulatory alerts of Nine Globe Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nine Globe Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nine Globe Industries Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Nine Globe Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN8403F1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nine Globe Industries Private Limited, buy the company report.
Recent activity
Nine Globe Industries Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Pranav Mehta ceased to be Director on 01 Apr 2021.
7 earlier events are in the company report.
Frequently asked questions
Nine Globe Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 22 July 2008 (18+ years old) and is registered under CIN U40300MH2008PTC184921.
Nine Globe Industries has 2 current directors:
- Ashish Virendra Mehta - Managing Director
- Virendra Navratanmal Mehta - Director
The latest financial statements of Nine Globe Industries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Nine Globe Industries is 27AACCN8403F1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nine Globe Industries is U40300MH2008PTC184921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nine Globe Industries has 12 court cases on record: 1 filed by the company and 11 filed against it. 6 are pending. Most are in the district courts.
Nine Globe Industries was incorporated on 22 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Pranav Mehta ceased to be Director on 01 Apr 2021. Dilip Sharma ceased to be Director on 10 May 2012. Ashish Virendra Mehta ceased to be Additional Director on 10 Jun 2009. Nine Globe Industries has 6 board changes on record in total.
Nine Globe Industries can be reached through the website nineglobe.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nine Globe Industries is at B2 – 1002 Marathon Nextgen Innova Opp. Peninsula Corporate Park Lower Par, El West, Mumbai, Maharashtra, India – 400013.
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