Galstar Engineering Private Limited

Provides installation and maintenance of air conditioning systems for various sectors.

2016 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 07, 2024

Galstar Engineering Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.75 Cr
  • Satisfied Charges ₹ 1.85 Cr
  • Revenue Growth 20.92%
  • Profit Growth 11.87%
  • Ebitda 32.90%
  • Net Worth 40.39%
  • Total Assets 1.81%

About Galstar Engineering

Galstar Engineering Private Limited (GEPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 November 2016 (Eight years and three months 8 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Engineering 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 6.00 M and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹4.75 Cr. The company has closed loans amounting to ₹1.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnasamy Dillibabu, Dillibabu Kumar, and Loganathan Anandkumar serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    galstar.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2016PTC113264

  • Company No.

    113264

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Engineering

Who are the key members and board of directors at Galstar Engineering?

Board Members (3)

Name Designation Appointment Date Status
Dillibabu Kumar Country flag representing In Director 09-Nov-2016 Current
Krishnasamy Dillibabu Country flag representing In Director 22-Jan-2018 Current
Loganathan Anandkumar Country flag representing In Director 09-Nov-2016 Current

Financial Performance of Galstar Engineering.

Galstar Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.92% increase. The company also saw a substantial improvement in profitability, with a 11.87% increase in profit. The company's net worth Soared by an impressive increase of 40.39%.

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
20.92%
Revenue from Operations
20.16%
Total Assets
1.81%
Profit or Loss
11.87%
Net Worth
40.39%
EBITDA
32.90%

What is the Ownership and Shareholding Structure of Galstar Engineering?

In 2023, Galstar Engineering 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

₹47.47 M

Satisfied Charges

₹18.50 M

Charges Breakdown by Lending Institutions

  • Others : 4.75 Cr

Latest Charge Details

Date Lender Amount Status
05 Jul 2023 Others ₹2.60 Cr Open
29 Sep 2021 Others ₹2.15 Cr Open
28 Feb 2022 City Union Bank Limited ₹1.25 Cr Satisfied
27 Oct 2021 Idbi Bank Limited ₹6.00 M Satisfied

How Many Employees Work at Galstar Engineering?

Galstar Engineering has a workforce of 22 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Galstar Engineering, 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 Galstar Engineering'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 Galstar Engineering

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 26.00 M with Charge ID 100762379 was registered on 05 Jul 2023.

    05 Jul 2023

  • Charges

    A charge registered on 28 Feb 2022 via Charge ID 100578261 with City Union Bank Limited was fully satisfied on 25 May 2023.

    25 May 2023

  • Balance Sheet

    Galstar Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 27 Oct 2021 via Charge ID 100493544 with Idbi Bank Limited was fully satisfied on 06 Apr 2022.

    06 Apr 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 12.50 M with Charge ID 100578261 was registered on 28 Feb 2022.

    28 Feb 2022

Frequently asked questions

  • Galstar Engineering Private Limited was incorporated on 09 Nov 2016.

  • The authorized share capital of Galstar Engineering Private Limited is ₹ 6.00 M and paid-up capital is ₹ 6.00 M.

  • Currently 3 directors are associated with Galstar Engineering Private Limited.

    • Krishnasamy Dillibabu
    • Dillibabu Ajay Kumar
    • Loganathan Anandkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Galstar Engineering Private Limited is Old No. 74/84 4Th Avenue Ashok Nagar, Chennai, Tamil Nadu, India, 600083.

  • The corporate identification number (CIN) of Galstar Engineering Private Limited is U74999TN2016PTC113264 and the company number is 113264 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Galstar Engineering Private Limited is https://www.galstar.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Galstar Engineering Private Limited has risen by 20.92%.

  • As Per 2023 financial reports, 22 employees are currently employed by Galstar Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Galstar Engineering Private Limited has experienced an upsurge of 40.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Galstar Engineering Private Limited amount to ₹ 4.75 Cr.

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