Galice Laboratories Private Limited

Produces and distributes pharmaceuticals, herbal products, medical instruments, and healthcare products.

2010 | Chandigarh (India) | Active
Last Updated: December 09, 2024

Galice Laboratories Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.58 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 9.50 M
  • Revenue Growth -47.62%
  • Profit Growth -99.61%
  • Ebitda -18.53%
  • Net Worth 0.04%
  • Total Assets -10.79%

About Galice Laboratories

Galice Laboratories Private Limited (GLPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 October 2010 and has a history of 14 years and four months. Its registered office is in Chandigarh, 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 1.00 M and a paid-up capital of Rs 0.58 M.

The company has closed loans amounting to ₹9.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajat Ghai and Shivinder Kaur serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85100CH2010PTC032514

  • Company No.

    032514

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Healthcare

Who are the key members and board of directors at Galice Laboratories?

Board Members (2)

Name Designation Appointment Date Status
Rajat Ghai Country flag representing In Director 18-Oct-2010 Current
Shivinder Kaur Country flag representing In Director 18-Oct-2010 Current

Financial Performance of Galice Laboratories.

Galice Laboratories Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 47.62% decrease. The company also saw a substantial fall in profitability, with a 99.61% decrease in profit. The company's net worth moved up by a moderate rise of 0.04%.

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
-47.62%
Revenue from Operations
-47.62%
Total Assets
-10.79%
Profit or Loss
-99.61%
Net Worth
0.04%
EBITDA
-18.53%

What is the Ownership and Shareholding Structure of Galice Laboratories?

In 2020, Galice Laboratories 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

₹0

Satisfied Charges

₹9.50 M

Charges Breakdown by Lending Institutions

  • Others : 0.83 Cr
  • The Karur Vysya Bank Limited : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
08 Aug 2017 Others ₹5.00 M Satisfied
29 Jul 2013 Others ₹3.30 M Satisfied
04 Jan 2013 The Karur Vysya Bank Limited ₹1.20 M Satisfied

How Many Employees Work at Galice Laboratories?

Unlock and access historical data on people associated with Galice Laboratories, 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 Galice Laboratories, 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 Galice Laboratories'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 Galice Laboratories

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Galice Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 08 Aug 2017 via Charge ID 100160233 with Others was fully satisfied on 08 Mar 2021.

    08 Mar 2021

  • Charges

    A charge registered on 04 Jan 2013 via Charge ID 10405832 with The Karur Vysya Bank Limited was fully satisfied on 13 Apr 2018.

    13 Apr 2018

  • Charges

    A charge registered on 29 Jul 2013 via Charge ID 10447187 with Others was fully satisfied on 11 Jan 2018.

    11 Jan 2018

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100160233 was registered on 08 Aug 2017.

    08 Aug 2017

Frequently asked questions

  • Galice Laboratories Private Limited was incorporated on 18 Oct 2010.

  • The authorized share capital of Galice Laboratories Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.58 M.

  • Currently 2 directors are associated with Galice Laboratories Private Limited.

    • Rajat Ghai
    • Shivinder Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Galice Laboratories Private Limited is Plot No 77 Industrial Area, Phase 1 India, Chandigarh, 160001.

  • The corporate identification number (CIN) of Galice Laboratories Private Limited is U85100CH2010PTC032514 and the company number is 032514 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Galice Laboratories Private Limited has fallen by -47.62%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Galice Laboratories Private Limited has experienced an upsurge of 0.04%.

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