Galore Networks Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 3.09 Cr
- Company Age 11 Year, 4 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 9.60 Cr
- Revenue Growth 8.10%
- Profit Growth 41.01%
- Ebitda 3.27%
- Net Worth 6.98%
- Total Assets 47.05%
About Galore Networks
Galore Networks Private Limited (GNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 November 2013 and has a history of 11 years and four months. Its registered office is in Bangaluru, Karnataka, India.
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 2022. 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, Balaji Kulothungan, and Vibhuti Shankar serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200KA2013PTC071826
- Company No.
071826
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Nov 2013
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Telecom
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 (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Balaji Kulothungan | Director | 12-Nov-2013 | Current |
| Vibhuti Shankar | Director | 01-Feb-2024 | 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 LimitedMalayappan Raju and Balaji Kulothungan are mutual person
- Yunktee Systems Private Limited
Malayappan Raju, Balaji Kulothungan and 1 more are mutual person
Charges (Loans)
Open Charges
₹9.60 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 8.35 Cr
- Hdfc Bank Limited : 1.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2022 | Hdfc Bank Limited | ₹1.10 Cr | Open |
| 13 Oct 2020 | Hdfc Bank Limited | ₹1.52 M | Open |
| 21 Feb 2017 | Others | ₹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.
Latest Updates, News, and FAQs on Galore Networks
Recent activity within the organization
- Director Appointment
Vibhuti Shankar was appointed as a Director was appointed as a Director on 01 Feb 2024 & has been associated with this company since 1 year 2 months .
- Annual General Meeting
Galore Networks Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Galore Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100545027 was registered on 21 Jan 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100407192 was registered on 13 Oct 2020.
- Charges
A charge with Others of Rs. 8.35 Cr registered on 21 Feb 2017 with Charge ID 100098524 was modified on 25 Mar 2019.
Frequently asked questions
What is the Incorporation or founding date of Galore Networks Private Limited?
Galore Networks Private Limited was incorporated on 12 Nov 2013.
What is authorized share capital and paid-up capital of Galore Networks Private Limited?
The authorized share capital of Galore Networks Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.09 Cr.
Who are the current board members & directors of Galore Networks Private Limited?
Currently 3 directors are associated with Galore Networks Private Limited.
- Malayappan Raju
- Balaji Kulothungan
- Vibhuti Shankar
What is the registered address of Galore Networks Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Galore Networks Private Limited is 57 13Th Cross, Gajendra Nagar Baldwin Road India, Bangalore, Karnataka, 560030.
What is the corporate identification number (CIN) and company number of Galore Networks Private Limited?
The corporate identification number (CIN) of Galore Networks Private Limited is U72200KA2013PTC071826 and the company number is 071826 as per Ministry of Corporate Affairs (MCA).
What is the official website of Galore Networks Private Limited?
The Official website of Galore Networks Private Limited is https://www.ga-lore.com
What has been the recent revenue trend for Galore Networks Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Galore Networks Private Limited has risen by 8.10%.
How many employees does Galore Networks Private Limited currently have?
As Per 2021 financial reports, 156 employees are currently employed by Galore Networks Private Limited.
What change has been observed in the net worth of Galore Networks Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Galore Networks Private Limited has experienced an upsurge of 6.98%.
What are the total open charges for Galore Networks Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Galore Networks Private Limited amount to ₹ 9.60 Cr.
When was the last Balance Sheet of Galore Networks Private Limited filed with the ROC?
The most recent Balance Sheet for Galore Networks Private Limited was filed with the ROC on 31 Mar 2022.