Galileo Innovations Private Limited

Provides product and document authentication solutions for various industries such as automobile, dairy, and pharma.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated:

Galileo Innovations Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.50 Cr
  • Revenue Growth %
  • Profit Growth -22.08%
  • Ebitda -23.09%
  • Net Worth -45.36%
  • Total Assets 216.64%

About Galileo Innovations

Galileo Innovations Private Limited (GIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 12 March 2019 (Five years and 11 months 24 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 4.00 Cr and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹4.50 Cr.

Murigesh Javali, Krishnamurthy Mannju, and Adetee serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gipl-india.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72501KA2019PTC122310

  • Company No.

    122310

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Galileo Innovations?

Board Members (3)

NameDesignationAppointment DateStatus
Krishnamurthy Mannju Country flag representing In Director 12-Mar-2019Current
Murigesh Javali Country flag representing In Director 12-Mar-2019Current
Adetee Country flag representing In Director 29-Oct-2024Current

Financial Performance of Galileo Innovations.

Galileo Innovations Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 22.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 45.36%.

Galileo Innovations revenue growth over time
Galileo Innovations 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
Revenue from Operations
Total Assets
216.64%
Profit or Loss
-22.08%
Net Worth
-45.36%
EBITDA
-23.09%

What is the Ownership and Shareholding Structure of Galileo Innovations?

Unlock access to Galileo Innovations's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2023State Bank Of India₹4.50 CrOpen

How Many Employees Work at Galileo Innovations?

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

Employee growth trends for Galileo Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Galileo Innovations, 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 Galileo Innovations'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 Galileo Innovations

Recent activity within the organization

  • Director Appointment

    Adetee was appointed as a Director was appointed as a Director on 29 Oct 2024 & has been associated with this company since 4 months 6 days .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.50 Cr with Charge ID 100682963 was registered on 27 Feb 2023.

  • Director Appointment

    Murigesh Gavisiddappa Javali was appointed as a Director was appointed as a Director on 12 Mar 2019 & has been associated with this company since 5 years 11 months .

  • Director Appointment

    Krishnamurthy Mannju was appointed as a Director was appointed as a Director on 12 Mar 2019 & has been associated with this company since 5 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Galileo Innovations Private Limited?

    Galileo Innovations Private Limited was incorporated on 12 Mar 2019.

  • What is authorized share capital and paid-up capital of Galileo Innovations Private Limited?

    The authorized share capital of Galileo Innovations Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Galileo Innovations Private Limited?

    Currently 3 directors are associated with Galileo Innovations Private Limited.

    • Murigesh Gavisiddappa Javali
    • Krishnamurthy Mannju
    • Adetee
  • What is the registered address of Galileo Innovations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Galileo Innovations Private Limited is Eg-02 Ground Floor, Sunrise Chambers Ulsoor Road India, Bangalore, Karnataka, 560008.

  • What is the corporate identification number (CIN) and company number of Galileo Innovations Private Limited?

    The corporate identification number (CIN) of Galileo Innovations Private Limited is U72501KA2019PTC122310 and the company number is 122310 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Galileo Innovations Private Limited?

    The Official website of Galileo Innovations Private Limited is https://www.gipl-india.com

  • What change has been observed in the net worth of Galileo Innovations Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Galileo Innovations Private Limited has experienced an downturn of -45.36%.

  • What are the total open charges for Galileo Innovations Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Galileo Innovations Private Limited amount to ₹ 4.50 Cr.

  • When was the last Balance Sheet of Galileo Innovations Private Limited filed with the ROC?

    The most recent Balance Sheet for Galileo Innovations Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on IT Consulting & Support Services