Galaxy Bearings Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.18 Cr
- Company Age 34 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 42.00 Cr
- Satisfied Charges ₹ 15.58 Cr
- Revenue Growth 14.84%
- Profit Growth 20.03%
- Ebitda 14.11%
- Net Worth 27.03%
- Total Assets 29.72%
About Galaxy Bearings
Galaxy Bearings Limited (GBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 September 1990 and has a history of 34 years and five months. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526073.
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 5.00 Cr and a paid-up capital of Rs 3.18 Cr.
The company currently has active open charges totaling ₹42.00 Cr. The company has closed loans amounting to ₹15.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Galaxy Bearings Limited India is Dixit Patel as CFO. Bharatkumar Ghodasara, Shetal Gor, Bera Rimal, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L29120GJ1990PLC014385
- Company No.
014385
- Stock Symbol
BSE : 526073
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Sep 1990
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Galaxy Bearings Limited offer?
Galaxy Bearings Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Spare Parts, Ball Bearings and Bearing Assemblies, Cylindrical Roller Bearing, Ball Bearings, Roller Bearings, Tapered Roller Bearings.
Who are the key members and board of directors at Galaxy Bearings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dixit Patel  | CFO | 01-Oct-2014 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bharatkumar Ghodasara | Whole-Time Director | 28-Mar-1994 | Current |
Shetal Gor  | Director | 08-Jan-2015 | Current |
| Bera Rimal | Director | 08-Jan-2015 | Current |
| Devang Gor | Director | 10-Aug-2019 | Current |
| Kartik Patel | Director | 10-Aug-2023 | Current |
| Deepa Shah | Director | 10-Aug-2023 | Current |
Financial Performance of Galaxy Bearings.
Galaxy Bearings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.84% increase. The company also saw a substantial improvement in profitability, with a 20.03% increase in profit. The company's net worth Soared by an impressive increase of 27.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Galaxy Bearings?
In 2023, Galaxy Bearings had a promoter holding of 53.96% and a public holding of 46.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Avni Dealings Private LimitedBharatkumar Ghodasara is a mutual person
Charges (Loans)
₹42.00 Cr
₹15.58 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 42.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2010 | State Bank Of India | ₹21.00 Cr | Open |
| 27 Jul 2010 | State Bank Of India | ₹21.00 Cr | Open |
| 07 Jun 2006 | Bank Of Baroda | ₹7.27 Cr | Satisfied |
| 21 Apr 1999 | Bank Of Baroda | ₹7.00 M | Satisfied |
| 03 Nov 1993 | Bank Of Baroda | ₹7.27 Cr | Satisfied |
How Many Employees Work at Galaxy Bearings?
Galaxy Bearings has a workforce of 215 employees as of Apr 11, 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 Galaxy Bearings, 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 Galaxy Bearings'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.
