Galactic Electric Private Limited

Manufactures switches and other electrical components for automobiles and industries.

2006 | Khandala, Maharashtra (India) | Active
Last Updated: June 16, 2024

Galactic Electric Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.20 Cr
  • Satisfied Charges ₹ 4.87 Cr
  • Revenue Growth 8.53%
  • Profit Growth 93.17%
  • Ebitda 280.70%
  • Net Worth -5.07%
  • Total Assets 5.94%

About Galactic Electric

Galactic Electric Private Limited (GEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 October 2006 and has a history of 18 years and four months. Its registered office is in Khandala, Maharashtra, India.

The Company is engaged in the Energy And Power 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 6.00 M and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹2.20 Cr. The company has closed loans amounting to ₹4.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinaykumar Kuzhiparambil, Swati Mahesh, and Shamita Kumar serve as directors at the Company.

Company Details

  • Location

    Khandala, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    galacticelectric.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299PN2006PTC129156

  • Company No.

    129156

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Energy and Power

What products or services does Galactic Electric Private Limited offer?

Galactic Electric Private Limited offers a wide range of products and services, including Switches & Switch Boxes, Industrial Switches, Automobile Electrical Components, Automotive Switches, Automotive Lights and Lighting Parts, Auto Lighting Parts, Power Switches, Air Blower Parts, Blower Accessories, Safety Switches.

Who are the key members and board of directors at Galactic Electric?

Board Members (3)

NameDesignationAppointment DateStatus
Vinaykumar Kuzhiparambil Country flag representing In Director 17-Oct-2006Current
Swati Mahesh Country flag representing In Director 17-Oct-2006Current
Shamita Kumar Country flag representing In Director 17-Oct-2006Current

Financial Performance of Galactic Electric.

Galactic Electric Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.53% increase. The company also saw a substantial improvement in profitability, with a 93.17% increase in profit. The company's net worth dipped by a decrease of 5.07%.

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
8.53%
Revenue from Operations
9.09%
Total Assets
5.94%
Profit or Loss
93.17%
Net Worth
-5.07%
EBITDA
280.70%

What is the Ownership and Shareholding Structure of Galactic Electric?

In 2023, Galactic Electric had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.00 M

Satisfied Charges

₹48.68 M

Charges Breakdown by Lending Institutions

  • Others : 2.20 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 2023Others₹2.20 CrOpen
23 Aug 2013Hdfc Bank Limited₹1.96 CrSatisfied
12 Aug 2011Bank Of India₹2.35 MSatisfied
11 Aug 2011Bank Of India₹3.80 MSatisfied
10 Nov 2010Bank Of India₹1.05 CrSatisfied

How Many Employees Work at Galactic Electric?

Galactic Electric has a workforce of 39 employees as of Apr 06, 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 Galactic Electric, 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 Galactic Electric'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 Galactic Electric

Recent activity within the organization

  • Annual General Meeting

    Galactic Electric Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 22.00 M with Charge ID 100807954 was registered on 18 Jul 2023.

    18 Jul 2023

  • Charges

    A charge registered on 23 Aug 2013 via Charge ID 10448150 with Hdfc Bank Limited was fully satisfied on 13 Jul 2023.

    13 Jul 2023

  • Balance Sheet

    Galactic Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 19.65 M registered on 23 Aug 2013 with Charge ID 10448150 was modified on 30 Apr 2022.

    30 Apr 2022

  • Charges

    A charge registered on 12 Aug 2011 via Charge ID 10306119 with Bank Of India was fully satisfied on 03 Oct 2013.

    03 Oct 2013

Frequently asked questions

  • Galactic Electric Private Limited was incorporated on 17 Oct 2006.

  • The authorized share capital of Galactic Electric Private Limited is ₹ 6.00 M and paid-up capital is ₹ 6.00 M.

  • Currently 3 directors are associated with Galactic Electric Private Limited.

    • Vinaykumar Chidambaran Kuzhiparambil
    • Swati Kulkarni Mahesh
    • Shamita Vinay Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Galactic Electric Private Limited is Gat No. 1143 Shindewadi Palshi Road Shirwal Tal - Khandala Dist - Satara, Maharashtra, India, 412801.

  • The corporate identification number (CIN) of Galactic Electric Private Limited is U29299PN2006PTC129156 and the company number is 129156 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Galactic Electric Private Limited is https://www.galacticelectric.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Galactic Electric Private Limited has risen by 8.53%.

  • As Per 2023 financial reports, 39 employees are currently employed by Galactic Electric Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Galactic Electric Private Limited has experienced an downturn of -5.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Galactic Electric Private Limited amount to ₹ 2.20 Cr.

  • The most recent Balance Sheet for Galactic Electric Private Limited was filed with the ROC on 31 Mar 2023.

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