Gala Ice Creams Private Limited

Produces and sells dairy products, including ice cream, as a franchisee for Skei Ice Creams.

1998 | Ernakulam, Kerala (India) | Active
Last Updated: January 10, 2025

Gala Ice Creams Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.57 M
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.30 M
  • Satisfied Charges ₹ 2.95 Cr
  • Revenue Growth -2.09%
  • Profit Growth 222.23%
  • Ebitda 52.69%
  • Net Worth 51.82%
  • Total Assets -0.17%

About Gala Ice Creams

Gala Ice Creams Private Limited (GICPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 June 1998 and has a history of 26 years and seven months. Its registered office is in Ernakulam, Kerala, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.57 M.

The company currently has active open charges totaling ₹1.30 M. The company has closed loans amounting to ₹2.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Leena Francis, Biju Kuriakose, Joe Joseph, and One other member serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15205KL1998PTC012340

  • Company No.

    012340

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Food and Beverages

Who are the key members and board of directors at Gala Ice Creams?

Board Members (4)

Name Designation Appointment Date Status
Leena Francis Country flag representing In Director 01-Jul-2020 Current
Biju Kuriakose Country flag representing In Director 10-Sep-2024 Current
Joe Joseph Country flag representing In Director 01-Jul-2020 Current
Francis John Country flag representing In Director 21-Oct-2022 Current

Financial Performance of Gala Ice Creams.

Gala Ice Creams Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 2.09% decrease. The company also saw a substantial improvement in profitability, with a 222.23% increase in profit. The company's net worth Soared by an impressive increase of 51.82%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-2.09%
Revenue from Operations
-1.08%
Total Assets
-0.17%
Profit or Loss
222.23%
Net Worth
51.82%
EBITDA
52.69%

What is the Ownership and Shareholding Structure of Gala Ice Creams?

In 2020, Gala Ice Creams had a promoter holding of 61.20% and a public holding of 38.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.30 M

Satisfied Charges

₹29.53 M

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 0.13 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2013 State Bank Of Travancore ₹1.30 M Open
21 May 2016 State Bank Of Travancore ₹1.40 M Satisfied
26 Sep 2014 State Bank Of Travancore ₹3.00 M Satisfied
06 Oct 2009 State Bank Of Travancore ₹3.30 M Satisfied
09 Nov 2006 State Bank Of Travancore ₹0.83 M Satisfied

How Many Employees Work at Gala Ice Creams?

Gala Ice Creams has a workforce of 17 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gala Ice Creams, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gala Ice Creams's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Gala Ice Creams

Recent activity within the organization

  • Annual General Meeting

    Gala Ice Creams Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Biju Kuriakose was appointed as a Director was appointed as a Director on 10 Sep 2024 & has been associated with this company since 4 months 23 days .

    10 Sep 2024

  • Balance Sheet

    Gala Ice Creams Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Director Appointment

    Francis John was appointed as a Director was appointed as a Director on 21 Oct 2022 & has been associated with this company since 2 years 3 months .

    21 Oct 2022

  • Director Appointment

    Leena Francis was appointed as a Director was appointed as a Director on 01 Jul 2020 & has been associated with this company since 4 years 7 months .

    01 Jul 2020

  • Director Appointment

    Joe Francis Joseph was appointed as a Director was appointed as a Director on 01 Jul 2020 & has been associated with this company since 4 years 7 months .

    01 Jul 2020

Frequently asked questions

  • Gala Ice Creams Private Limited was incorporated on 22 Jun 1998.

  • The authorized share capital of Gala Ice Creams Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.57 M.

  • Currently 4 directors are associated with Gala Ice Creams Private Limited.

    • Leena Francis
    • Biju Kuriakose
    • Joe Francis Joseph
    • Francis John
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gala Ice Creams Private Limited is 46/1914A Kanneth Lane Akg Vayanashala Cross Road, Chakkarapara Mbu India, Ernakulam, Kerala, 682032.

  • The corporate identification number (CIN) of Gala Ice Creams Private Limited is U15205KL1998PTC012340 and the company number is 012340 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Gala Ice Creams Private Limited has fallen by -2.09%.

  • As Per 2020 financial reports, 17 employees are currently employed by Gala Ice Creams Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Gala Ice Creams Private Limited has experienced an upsurge of 51.82%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Gala Ice Creams Private Limited amount to ₹ 1.30 M.

  • The most recent Balance Sheet for Gala Ice Creams Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Dairy Products & Milk Processing