Gala Products Limited

Manufacturer and supplier of various paper stationery products for schools, offices, and customized branding.

2003 | Ahmedabad, Gujarat (India) | Merged
Last Updated: January 18, 2025

Gala Products Profile

Key Indicators

  • Authorised Capital ₹ 21.50 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 22 Year, 1 Month
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 5.78 Cr
  • Revenue Growth 53.52%
  • Profit Growth 112.87%
  • Ebitda 77.69%
  • Net Worth 29.26%
  • Total Assets 0.26%

About Gala Products

Gala Products Limited (GPL) is Amalgamated company established on 22 Jan 2003 with its office registered at Ahmedabad, Gujarat, India and has been running since 22 Year, 1 Month with a paid up capital of 10.00 Cr. According to MCA records, 4 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    galastationery.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36991GJ2003PLC041873

  • Company No.

    041873

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 2003

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Education

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

Executive Team (1)

NameDesignationAppointment DateStatus
Neelam Gurbaxani Country flag representing In Company Secretary25-Mar-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Akash Shah Country flag representing In Director 15-Feb-2014Current
Vishal Gala Country flag representing In Director 16-Oct-2003Current
Mihir Shah Country flag representing In Director 22-Aug-2014Current
Harshadray Trivedi Country flag representing In Director 22-Aug-2014Current

Financial Performance of Gala Products.

Gala Products Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 53.52% increase. The company also saw a substantial improvement in profitability, with a 112.87% increase in profit. The company's net worth Soared by an impressive increase of 29.26%.

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
53.52%
Revenue from Operations
53.79%
Total Assets
0.26%
Profit or Loss
112.87%
Net Worth
29.26%
EBITDA
77.69%

What is the Ownership and Shareholding Structure of Gala Products?

In 2016, Gala Products had a promoter holding of 91.70% and a public holding of 8.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5.78 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 5.18 Cr
  • The Kalupur Commercial Co Op Bank Ltd. : 0.30 Cr
  • The Kalupur Commercial Co Operative Bank Ltd : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2011Bank Of India₹3.29 CrSatisfied
25 Jan 2011Bank Of India₹1.89 CrSatisfied
01 Jul 2008The Kalupur Commercial Co Op Bank Ltd.₹3.00 MSatisfied
30 Jun 2008The Kalupur Commercial Co Operative Bank Ltd₹3.00 MSatisfied

How Many Employees Work at Gala Products?

Unlock and access historical data on people associated with Gala Products, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gala Products, 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 Products'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 Products

Recent activity within the organization

  • Director Appointment

    Neelam Mohanlal Gurbaxani was appointed as a Company Secretary was appointed as a Company Secretary on 25 Mar 2017 & has been associated with this company since 7 years 11 months .

    25 Mar 2017

  • Annual General Meeting

    Gala Products Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Balance Sheet

    Gala Products Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Ahmedabad.

    31 Mar 2016

  • Director Appointment

    Mihir Maheshbhai Shah was appointed as a Director was appointed as a Director on 22 Aug 2014 & has been associated with this company since 10 years 6 months .

    22 Aug 2014

  • Director Appointment

    Harshadray Mahashankar Trivedi was appointed as a Director was appointed as a Director on 22 Aug 2014 & has been associated with this company since 10 years 6 months .

    22 Aug 2014

  • Director Appointment

    Akash Shrenik Shah was appointed as a Director was appointed as a Director on 15 Feb 2014 & has been associated with this company since 11 years 11 days .

    15 Feb 2014

Frequently asked questions

  • Gala Products Limited was incorporated on 22 Jan 2003.

  • The authorized share capital of Gala Products Limited is ₹ 21.50 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 5 directors are associated with Gala Products Limited.

    • Vishal Mulchandbhai Gala
    • Akash Shrenik Shah
    • Mihir Maheshbhai Shah
    • Harshadray Mahashankar Trivedi
    • Neelam Mohanlal Gurbaxani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gala Products Limited is B-8 9 10 Laxmi Co-Op. Estate Old Navneet Press Compound Ajod Dairy Road Sukhramnagar, India, Ahmedabad, Gujarat, 380026.

  • The corporate identification number (CIN) of Gala Products Limited is U36991GJ2003PLC041873 and the company number is 041873 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gala Products Limited is https://www.galastationery.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Gala Products Limited has risen by 53.52%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Gala Products Limited has experienced an upsurge of 29.26%.

  • The most recent Balance Sheet for Gala Products Limited was filed with the ROC on 31 Mar 2016.

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