Galore Networks Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 01-07-2024
- Paid Up Capital ₹ 3.09 Cr
as on 01-07-2024
- Company Age 11 Year, 1 Month
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 9.60 Cr
as on 01-07-2024
- Revenue 8.10%
(FY 2021)
- Profit 41.01%
(FY 2021)
- Ebitda 3.27%
(FY 2021)
- Net Worth 6.98%
(FY 2021)
- Total Assets 47.05%
(FY 2021)
About Galore Networks
The Corporate was formerly known as Galore Networks India Private Limited. The Company is engaged in the Telecom Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 3.09 Cr.
The company currently has active open charges totaling ₹9.60 Cr.
Malayappan Raju and Balaji Kulothungan serve as directors at the Company.
- CIN/LLPIN
U72200KA2013PTC071826
- Company No.
071826
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Nov 2013
- Date of AGM
30 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Galore Networks?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Malayappan Raju  | Managing Director | 12-Nov-2013 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balaji Kulothungan | Director | 12-Nov-2013 | Current |
Financial Performance of Galore Networks.
Galore Networks Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 8.1% increase. The company also saw a substantial improvement in profitability, with a 41.01% increase in profit. The company's net worth moved up by a moderate rise of 6.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Galore Networks?
In 2021, Galore Networks had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Oregalo Systems Private LimitedActive 4 years 7 monthsMalayappan Raju and Balaji Kulothungan are mutual person
- Yunktee Systems Private LimitedActive 6 years 10 months
Malayappan Raju and Balaji Kulothungan are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 21 Jan 2022 | ₹1.10 Cr | Open |
Hdfc Bank Limited Creation Date: 13 Oct 2020 | ₹1.52 M | Open |
Others Creation Date: 21 Feb 2017 | ₹8.35 Cr | Open |
How Many Employees Work at Galore Networks?
Galore Networks has a workforce of 156 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Galore Networks, 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 Galore Networks's trajectory.
Rating
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
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.
