Galaxy Medicare Ltd

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

1992 | Khurda, Orissa (India) | Active
Last Updated: June 15, 2024

Galaxy Medicare Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.86 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.14 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 seven months. Its registered office is in Khurda, Orissa, 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 2023. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 11.86 Cr.

The company currently has active open charges totaling ₹14.14 Cr. The company has closed loans amounting to ₹15.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Birendrakumar Sahoo, Ajit Ray, Dillip Das, and Three other members serve as directors at the Company.

Company Details

  • Location

    Khurda, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    galaxy.in

  • 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

    05 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Dillip Das Country flag representing In Managing Director23-Jul-1992Current

Board Members (5)

NameDesignationAppointment DateStatus
Birendrakumar Sahoo Country flag representing In Director 01-Apr-2023Current
Ajit Ray Country flag representing In Director 07-Apr-2001Current
Kiran Das Country flag representing In Whole-Time Director 09-Mar-2017Current
Sujita Patnaik Country flag representing In Director 10-Nov-2004Current
Subhasish Das Country flag representing In Whole-Time Director 10-Nov-2004Current

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%.

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
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

₹14.14 Cr

Satisfied Charges

₹15.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.14 Cr

Latest Charge Details

DateLenderAmountStatus
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
01 Apr 2017Axis Bank Limited₹0.52 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.

Graph showing employee growth trends

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

  • Charges

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

    15 Dec 2023

  • Annual General Meeting

    Galaxy Medicare Ltd last Annual general meeting of members was held on 05 Aug 2023 as per latest MCA records.

    05 Aug 2023

  • Balance Sheet

    Galaxy Medicare Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge registered on 01 Apr 2017 via Charge ID 100101871 with Axis Bank Limited was fully satisfied on 28 Mar 2023.

    28 Mar 2023

  • Charges

    A charge with Others of Rs. 1.04 Cr registered on 17 Mar 2022 with Charge ID 100570848 was modified on 07 Nov 2022.

    07 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100605238 was registered on 26 May 2022.

    26 May 2022

Frequently asked questions

  • Galaxy Medicare Ltd was incorporated on 23 Jul 1992.

  • The authorized share capital of Galaxy Medicare Ltd is ₹ 12.00 Cr and paid-up capital is ₹ 11.86 Cr.

  • Currently 6 directors are associated with Galaxy Medicare Ltd.

    • Birendrakumar Sahoo
    • Ajit Kumar Ray
    • Dillip Kumar Das
    • Kiran Das
    • Sujita Patnaik
    • Subhasish Das
  • As per Ministry of Corporate Affairs (Mca), the registered address of Galaxy Medicare Ltd is Plot No 2 Zone Dmancheswar Industrial Estate Bhubaneswar, Khurda, Orissa, India.

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

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

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

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

  • As per the financial statements for fiscal Year 2023, The total open charges for Galaxy Medicare Ltd amount to ₹ 14.14 Cr.

  • The most recent Balance Sheet for Galaxy Medicare Ltd was filed with the ROC on 31 Mar 2023.

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