Galaxy Medicare Ltd

Manufacturer of medical products such as dressings, plasters, and bandages, with partnerships and ISO certification.

1992 | Khorda, Odisha (India) | Active
Last Updated:

Galaxy Medicare Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 11.86 Cr
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.34 Cr
  • Satisfied Charges ₹ 15.32 Cr
  • Revenue Growth 4.20%
  • Profit Growth 837.05%
  • Ebitda -8.36%
  • Net Worth 8.65%
  • Total Assets 6.08%

About Galaxy Medicare

Galaxy Medicare Ltd (GML) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 July 1992 and has a history of 32 years and nine months. Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 11.86 Cr.

The company currently has active open charges totaling ₹14.34 Cr. The company has closed loans amounting to ₹15.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Galaxy Medicare Ltd India is Pralaaju Naik as COMPANY SECRETARY. Dillip Das, Subhasish Das, Kiran Das, and One other member serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24232OR1992PLC003113

  • Company No.

    003113

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Healthcare

What products or services does Galaxy Medicare Ltd offer?

Galaxy Medicare Ltd offers a wide range of products and services, including Orthopedic Equipment & Supplies, Plaster Room Equipment, Bandages & Dressing Disposables, Bandages, Hospital Dressings, Physiotherapy & Rehab Aids, Rehabilitation Equipment, Medical Tapes, Medical Gauze, Cotton Pad.

Company report

Galaxy Medicare Ltd

Explore comprehensive data for Galaxy Medicare Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Dillip Das Country flag representing In Managing Director23-Jul-1992Current
Pralaaju Naik Country flag representing In Company Secretary05-Nov-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Subhasish Das Country flag representing In Whole-Time Director 10-Nov-2004Current
Kiran Das Country flag representing In Whole-Time Director 09-Mar-2017Current
Shaswat Rout Country flag representing In Director 24-Apr-2024Current

Financial Performance of Galaxy Medicare.

Galaxy Medicare Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 4.2% increase. The company also saw a substantial improvement in profitability, with a 837.05% increase in profit. The company's net worth moved up by a moderate rise of 8.65%.

Galaxy Medicare revenue growth over time
Galaxy Medicare 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
4.20%
Revenue from Operations
4.44%
Total Assets
6.08%
Profit or Loss
837.05%
Net Worth
8.65%
EBITDA
-8.36%

What is the Ownership and Shareholding Structure of Galaxy Medicare?

In 2023, Galaxy Medicare 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

₹14.34 Cr

Satisfied Charges

₹15.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.34 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2024Others₹2.00 MOpen
26 May 2022Others₹2.01 MOpen
17 Mar 2022Others₹1.04 CrOpen
18 Feb 2022Others₹12.90 CrOpen
05 Oct 2019Axis Bank Limited₹0.70 MSatisfied

How Many Employees Work at Galaxy Medicare?

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

Employee growth trends for Galaxy Medicare Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Galaxy Medicare, 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 Medicare'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 Medicare

Recent activity within the organization

  • Director Appointment

    Pralaaju Naik was appointed as a Company Secretary was appointed as a Company Secretary on 05 Nov 2024 & has been associated with this company since 6 months 9 days .

  • Annual General Meeting

    Galaxy Medicare Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Shaswat Kumar Rout was appointed as a Director was appointed as a Director on 24 Apr 2024 & has been associated with this company since 1 year 20 days .

  • Balance Sheet

    Galaxy Medicare Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100902444 was registered on 17 Feb 2024.

  • Charges

    A charge registered on 05 Oct 2019 via Charge ID 100295887 with Axis Bank Limited was fully satisfied on 15 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Galaxy Medicare Ltd?

    Galaxy Medicare Ltd was incorporated on 23 Jul 1992.

  • What is authorized share capital and paid-up capital of Galaxy Medicare Ltd?

    The authorized share capital of Galaxy Medicare Ltd is ₹ 18.00 Cr and paid-up capital is ₹ 11.86 Cr.

  • Who are the current board members & directors of Galaxy Medicare Ltd?

    Currently 5 directors are associated with Galaxy Medicare Ltd.

    • Dillip Kumar Das
    • Subhasish Das
    • Kiran Das
    • Shaswat Kumar Rout
    • Pralaaju Naik

  • What is the registered address of Galaxy Medicare Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Galaxy Medicare Ltd is Plot No. 2 Zone D Mancheswar Industrial Estate, India, Bhubaneswar, Orissa, 751010.

  • What is the corporate identification number (CIN) and company number of Galaxy Medicare Ltd?

    The corporate identification number (CIN) of Galaxy Medicare Ltd is U24232OR1992PLC003113 and the company number is 003113 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Galaxy Medicare Ltd?

    The Official website of Galaxy Medicare Ltd is https://www.galaxy.in

  • What has been the recent revenue trend for Galaxy Medicare Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Galaxy Medicare Ltd has risen by 4.20%.

  • What change has been observed in the net worth of Galaxy Medicare Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Galaxy Medicare Ltd has experienced an upsurge of 8.65%.

  • What are the total open charges for Galaxy Medicare Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Galaxy Medicare Ltd amount to ₹ 14.34 Cr.

  • When was the last Balance Sheet of Galaxy Medicare Ltd filed with the ROC?

    The most recent Balance Sheet for Galaxy Medicare Ltd was filed with the ROC on 31 Mar 2024.

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