Gala Precision Engineering Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
- Paid Up Capital ₹ 10.11 Cr
- Company Age 16 Year, 9 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 109.33 Cr
- Satisfied Charges ₹ 35.32 Cr
- Revenue Growth -1.43%
- Profit Growth -67.85%
- Ebitda -26.06%
- Net Worth 5.81%
- Total Assets 7.58%
About Gala Precision Engineering
Gala Precision Engineering Limited (GPEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 February 2009 and has a history of 16 years. Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 10.11 Cr.
The company currently has active open charges totaling ₹109.33 Cr. The company has closed loans amounting to ₹35.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gala Precision Engineering Limited India are Giridhar Srinivasan as CFO and Pooja Ladha as Company Secretary. Rajendra Gogri, Balkishan Jalan, Neha Gada, and Five other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29268MH2009PLC190522
- Company No.
190522
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Feb 2009
- Date of AGM
05 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Gala Precision Engineering Limited offer?
Gala Precision Engineering Limited offers a wide range of products and services, including Cleaning Liquids & Wipes, Cleaning Chemicals, Ultrasonic Cleaner, Buffing, Surface Finishing Machines, Finishing Machine, Industrial Springs, Disc Springs, Air Springs & Compression Springs, Torsion Springs, Brake Parts.
Who are the key members and board of directors at Gala Precision Engineering?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kirit Gala  | Managing Director | 01-Jun-2009 | Current |
| Giridhar Srinivasan | CFO | 22-Dec-2023 | Current |
| Pooja Ladha | Company Secretary | 09-Oct-2023 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neha Gada | Director | 22-Dec-2023 | Current |
| Rajendra Gogri | Director | 28-Aug-2018 | Current |
| Balkishan Jalan | Whole-Time Director | 01-Nov-2009 | Current |
Snehal Shah  | Director | 23-Dec-2023 | Current |
| Varsha Galvankar | Director | 22-Dec-2023 | Current |
| Sudhir Gosar | Director | 12-Jan-2024 | Current |
Financial Performance of Gala Precision Engineering.
Gala Precision Engineering Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 1.43% decrease. The company also saw a substantial fall in profitability, with a 67.85% decrease in profit. The company's net worth moved up by a moderate rise of 5.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gala Precision Engineering?
In 2021, Gala Precision Engineering had a promoter holding of 72.48% and a public holding of 27.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tamboli Industries LimitedNeha Gada is a mutual person
Asian Star Company LimitedNeha Gada is a mutual person
Aarti Industries LtdRajendra Gogri is a mutual person
Aarti Drugs LimitedNeha Gada is a mutual person
Sejal Glass LimitedNeha Gada is a mutual person
Aarti Pharmalabs LimitedRajendra Gogri is a mutual person
Charges (Loans)
Open Charges
₹109.33 Cr
Satisfied Charges
₹35.32 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 79.49 Cr
- Yes Bank Limited : 29.83 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2023 | Hdfc Bank Limited | ₹1.99 M | Open |
| 04 Jul 2023 | Hdfc Bank Limited | ₹1.16 M | Open |
| 04 Jul 2023 | Hdfc Bank Limited | ₹1.17 M | Open |
| 01 Jun 2022 | Hdfc Bank Limited | ₹0.87 M | Open |
| 13 Nov 2019 | Yes Bank Limited | ₹28.20 Cr | Open |
How Many Employees Work at Gala Precision Engineering?
Gala Precision Engineering has a workforce of 282 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gala Precision Engineering, 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 Precision Engineering's trajectory.
Rating
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
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 Precision Engineering
Recent activity within the organization
- Director Appointment
Sudhir Tokarshi Gosar was appointed as a Director was appointed as a Director on 12 Jan 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Snehal Shah was appointed as a Director was appointed as a Director on 23 Dec 2023 & has been associated with this company since 1 year 2 months .
- Director Appointment
Neha Rajen Gada was appointed as a Director was appointed as a Director on 22 Dec 2023 & has been associated with this company since 1 year 2 months .
- Director Appointment
Giridhar Srinivasan was appointed as a Cfo was appointed as a Cfo on 22 Dec 2023 & has been associated with this company since 1 year 2 months .
- Director Appointment
Varsha Rajaram Galvankar was appointed as a Director was appointed as a Director on 22 Dec 2023 & has been associated with this company since 1 year 2 months .
- Charges
A charge with Hdfc Bank Limited of Rs. 78.97 Cr registered on 01 Dec 2015 with Charge ID 10611004 was modified on 17 Oct 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Gala Precision Engineering Limited?
Gala Precision Engineering Limited was incorporated on 23 Feb 2009.
What is authorized share capital and paid-up capital of Gala Precision Engineering Limited?
The authorized share capital of Gala Precision Engineering Limited is ₹ 18.00 Cr and paid-up capital is ₹ 10.11 Cr.
Who are the current board members & directors of Gala Precision Engineering Limited?
Currently 10 directors are associated with Gala Precision Engineering Limited.
- Rajendra Vallabhaji Gogri
- Balkishan Shyamsunder Jalan
- Neha Rajen Gada
- Giridhar Srinivasan
- Kirit Vishanji Gala
- Snehal Shah
- Varsha Rajaram Galvankar
- Sudhir Tokarshi Gosar
- Satish Dayaldas Kotwani
- Pooja Ladha
What is the registered address of Gala Precision Engineering Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gala Precision Engineering Limited is A-59 Road No. 10 Wagle Industrial Estate, Thane, Maharashtra, India, 400604.
What is the corporate identification number (CIN) and company number of Gala Precision Engineering Limited?
The corporate identification number (CIN) of Gala Precision Engineering Limited is U29268MH2009PLC190522 and the company number is 190522 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gala Precision Engineering Limited?
The Official website of Gala Precision Engineering Limited is https://www.galagroup.com
What has been the recent revenue trend for Gala Precision Engineering Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Gala Precision Engineering Limited has fallen by -1.43%.
How many employees does Gala Precision Engineering Limited currently have?
As Per 2020 financial reports, 282 employees are currently employed by Gala Precision Engineering Limited.
What change has been observed in the net worth of Gala Precision Engineering Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Gala Precision Engineering Limited has experienced an upsurge of 5.81%.
What are the total open charges for Gala Precision Engineering Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Gala Precision Engineering Limited amount to ₹ 109.33 Cr.
When was the last Balance Sheet of Gala Precision Engineering Limited filed with the ROC?
The most recent Balance Sheet for Gala Precision Engineering Limited was filed with the ROC on 31 Mar 2023.
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