Galvano Track Solutions Private Limited

Manufactures excavator products and parts, including trucks, earth moving equipment, and machined components.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: January 10, 2025

Galvano Track Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.22 M
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.54 Cr
  • Satisfied Charges ₹ 7.80 Cr
  • Revenue Growth 20.74%
  • Profit Growth 112.63%
  • Ebitda 87.11%
  • Net Worth 7.72%
  • Total Assets 22.26%

About Galvano Track Solutions

Galvano Track Solutions Private Limited (GTSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 2008 and has a history of 16 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.22 M.

The company currently has active open charges totaling ₹19.54 Cr. The company has closed loans amounting to ₹7.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kudarikoti Swami, Chitra Krishnasamy, Sridhar Balaram, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    galvano.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27320KA2008PTC046278

  • Company No.

    046278

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Galvano Track Solutions Private Limited offer?

Galvano Track Solutions Private Limited offers a wide range of products and services, including Testing & Measuring Equipments, Hardness Tester, Excavator and Earth Moving Machinery, Excavator Parts, Automobile Fittings & Components, Automotive Spare Parts, Metallurgical & Lab Microscopes, Industrial Microscope, Bushings & Bushing Parts, Industrial Bushes.

Who are the key members and board of directors at Galvano Track Solutions?

Board Members (4)

NameDesignationAppointment DateStatus
Sridhar Balaram Country flag representing In Director 02-May-2008Current
Kudarikoti Swami Country flag representing In Director 02-May-2008Current
Chitra Krishnasamy Country flag representing In Director 02-May-2008Current
Sanjeev Nadkarni Country flag representing In Director 02-May-2008Current

Financial Performance of Galvano Track Solutions.

Galvano Track Solutions Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 20.74% increase. The company also saw a substantial improvement in profitability, with a 112.63% increase in profit. The company's net worth moved up by a moderate rise of 7.72%.

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
20.74%
Revenue from Operations
20.77%
Total Assets
22.26%
Profit or Loss
112.63%
Net Worth
7.72%
EBITDA
87.11%

What is the Ownership and Shareholding Structure of Galvano Track Solutions?

In 2021, Galvano Track Solutions had a promoter holding of 99.91% and a public holding of 0.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.54 Cr

Satisfied Charges

₹7.80 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 16.28 Cr
  • Others : 2.19 Cr
  • Axis Bank Limited : 1.08 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2024Canara Bank₹3.92 CrOpen
29 May 2024Axis Bank Limited₹4.87 MOpen
16 Nov 2023Canara Bank₹1.06 CrOpen
22 May 2023Axis Bank Limited₹5.90 MOpen
12 Apr 2019Others₹2.80 MOpen

How Many Employees Work at Galvano Track Solutions?

Galvano Track Solutions has a workforce of 80 employees as of Apr 09, 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 Galvano Track Solutions, 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 Galvano Track Solutions'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 Galvano Track Solutions

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 3.92 Cr with Charge ID 101017522 was registered on 30 Nov 2024.

    30 Nov 2024

  • Annual General Meeting

    Galvano Track Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.49 Cr with Charge ID 100936223 was registered on 29 May 2024.

    29 May 2024

  • Balance Sheet

    Galvano Track Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 1.06 Cr with Charge ID 100826773 was registered on 16 Nov 2023.

    16 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.59 Cr with Charge ID 100826446 was registered on 22 May 2023.

    22 May 2023

Frequently asked questions

  • Galvano Track Solutions Private Limited was incorporated on 02 May 2008.

  • The authorized share capital of Galvano Track Solutions Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.22 M.

  • Currently 4 directors are associated with Galvano Track Solutions Private Limited.

    • Kudarikoti Siddalingeshwar Swami
    • Chitra Krishnasamy
    • Sridhar Balaram
    • Sanjeev Suresh Nadkarni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Galvano Track Solutions Private Limited is 148/A Industrial Suburb 1St Stage, Yeshwanthpur India, Bangalore, Karnataka, 560022.

  • The corporate identification number (CIN) of Galvano Track Solutions Private Limited is U27320KA2008PTC046278 and the company number is 046278 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Galvano Track Solutions Private Limited is https://www.galvano.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Galvano Track Solutions Private Limited has risen by 20.74%.

  • As Per 2021 financial reports, 80 employees are currently employed by Galvano Track Solutions Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Galvano Track Solutions Private Limited has experienced an upsurge of 7.72%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Galvano Track Solutions Private Limited amount to ₹ 19.54 Cr.

  • The most recent Balance Sheet for Galvano Track Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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