Galaxy Machinery Private Limited

Manufacturer of CNC machines and lathe machines with a global sales and service network.

1991 | Belgaum, Karnataka (India) | Active
Last Updated: October 24, 2024

Galaxy Machinery Profile

Key Indicators

  • Authorised Capital ₹ 3.99 Cr
  • Paid Up Capital ₹ 3.91 Cr
  • Company Age 34 Year, 23 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.51 Cr
  • Satisfied Charges ₹ 3.41 Cr
  • Revenue Growth -47.16%
  • Profit Growth 39.67%
  • Ebitda -19.96%
  • Net Worth -78.51%
  • Total Assets -8.63%

About Galaxy Machinery

Galaxy Machinery Private Limited (GMPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 January 1991 and has a history of 34 years. Its registered office is in Belgaum, Karnataka, 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 3.99 Cr and a paid-up capital of Rs 3.91 Cr.

The company currently has active open charges totaling ₹20.51 Cr. The company has closed loans amounting to ₹3.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Elango Subramanian and Vijayalakshmi Balasubramanian serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U71200KA1991PTC011559

  • Company No.

    011559

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Galaxy Machinery Private Limited offer?

Galaxy Machinery Private Limited offers a wide range of products and services, including CNC Machines & Lathe Machine, CNC Vertical Machining Centers, CNC Turning Centers, CNC Turning Machine, Lathe Machine, Horizontal Lathe.

Who are the key members and board of directors at Galaxy Machinery?

Executive Team (1)

Name Designation Appointment Date Status
Elango Subramanian Country flag representing In Managing Director 09-Jan-1991 Current

Board Members (1)

Name Designation Appointment Date Status
Vijayalakshmi Balasubramanian Country flag representing In Director 15-Apr-2015 Current

Financial Performance of Galaxy Machinery.

Galaxy Machinery Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.16% decrease. The company also saw a substantial improvement in profitability, with a 39.67% increase in profit. The company's net worth observed a substantial decline by a decrease of 78.51%.

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
-47.16%
Revenue from Operations
-41.43%
Total Assets
-8.63%
Profit or Loss
39.67%
Net Worth
-78.51%
EBITDA
-19.96%

What is the Ownership and Shareholding Structure of Galaxy Machinery?

In 2023, Galaxy Machinery had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.51 Cr

Satisfied Charges

₹3.41 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 20.51 Cr

Latest Charge Details

Date Lender Amount Status
01 Dec 2015 Canara Bank ₹0.87 M Open
31 Mar 2006 Canara Bank ₹20.42 Cr Open
23 Apr 2011 Canara Bank ₹1.50 Cr Satisfied
27 Jul 2010 Canara Bank ₹0.49 M Satisfied
26 Jul 2010 Canara Bank ₹1.00 Cr Satisfied

How Many Employees Work at Galaxy Machinery?

Galaxy Machinery has a workforce of 1 employees as of Apr 04, 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 Galaxy Machinery, 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 Machinery'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 Galaxy Machinery

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Galaxy Machinery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 20.42 Cr registered on 31 Mar 2006 with Charge ID 80006594 was modified on 22 Nov 2019.

    22 Nov 2019

  • Charges

    A charge with Canara Bank amounted to Rs. 0.09 Cr with Charge ID 10626104 was registered on 01 Dec 2015.

    01 Dec 2015

  • Director Appointment

    Vijayalakshmi Balasubramanian was appointed as a Director was appointed as a Director on 15 Apr 2015 & has been associated with this company since 9 years 9 months .

    15 Apr 2015

  • Charges

    A charge registered on 23 Apr 2011 via Charge ID 10283599 with Canara Bank was fully satisfied on 01 Sep 2014.

    01 Sep 2014

Frequently asked questions

  • Galaxy Machinery Private Limited was incorporated on 09 Jan 1991.

  • The authorized share capital of Galaxy Machinery Private Limited is ₹ 3.99 Cr and paid-up capital is ₹ 3.91 Cr.

  • Currently 2 directors are associated with Galaxy Machinery Private Limited.

    • Elango Subramanian
    • Vijayalakshmi Balasubramanian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Galaxy Machinery Private Limited is Plot No.29A Survey No.336/1 Udyambag, India, Belgaum, Karnataka, 590008.

  • The corporate identification number (CIN) of Galaxy Machinery Private Limited is U71200KA1991PTC011559 and the company number is 011559 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Galaxy Machinery Private Limited is https://www.galaxymachinery.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Galaxy Machinery Private Limited has fallen by -47.16%.

  • As Per 2023 financial reports, 1 employees are currently employed by Galaxy Machinery Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Galaxy Machinery Private Limited has experienced an downturn of -78.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Galaxy Machinery Private Limited amount to ₹ 20.51 Cr.

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

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