Gala Trading Private Limited
About Gala Trading Private Limited
Data last updated:
Gala Trading Private Limited was a private limited company based in Faridabad, Haryana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 13 January 1999.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51900HR1999PTC064544.
The company had an authorised share capital of ₹45 Lakh and a paid-up capital of ₹40.02 Lakh. It was led by directors Mukul Harmilapi and Vishnu Jit Singh.
Its last annual general meeting (AGM) was held on 27 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Shop No. 118 Tikona Park N.I.T. Faridabad Haryana, Haryana, India – 121001.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.46 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹2.42 Cr (net margin -98.5%) and EBITDA of -₹39.57 Lakh (EBITDA margin -16.1%).
Court records list 1 case involving the company, including 1 filed against it.
Company details
CIN history
Gala Trading has one previous CIN (Corporate Identification Number): U51900MH1999PTC117847. The current CIN is U51900HR1999PTC064544, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900HR1999PTC064544 | Current |
| U51900MH1999PTC117847 | Previous |
Contact details
Gala Trading Private Limited's registered office is in Faridabad, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 118 Tikona Park N.I.T. Faridabad Haryana, Haryana, India – 121001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Gala Trading Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Gala Trading is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Gala Trading Private Limited, buy the company report.
Financials of Gala Trading Private Limited
FY 2016 filings availableGala Trading Private Limited reported revenue of ₹2.46 Cr (down 30% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA rose 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹39.57 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.42 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -16.1% | |
| Net Profit Margin | -98.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Gala Trading Private Limited, buy the company report.
Board of directors of Gala Trading Private Limited
Gala Trading has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukul Harmilapi Also directs: Capitalogy Ventures LLP, Bhartiya International Sez Limited | Director | 12 Mar 2016 | 10 Years 7 Months | As last reported |
| Vishnu Jit Singh Also directs: Chandan Merchandise Private Limited | Director | 12 Jun 2009 | 17 Years 4 Months | As last reported |
Shareholding
The shareholding of Gala Trading Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gala Trading Private Limited, buy the company report.
Legal cases
Gala Trading Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -1 Mumbai | Disposed |
To see the full case history of Gala Trading Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gala Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gala Trading has 2 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Gala Trading Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gala Trading Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Mukul Harmilapi ceased to be Additional Director on 27 Aug 2016.
2 earlier events are in the company report.
Frequently asked questions
Gala Trading has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Gala Trading was a private limited company based in Faridabad, Haryana, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 13 January 1999 and is registered under CIN U51900HR1999PTC064544. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Gala Trading was incorporated on 13 January 1999. It is registered with the Registrar of Companies, Delhi.
Gala Trading had 2 directors:
- Mukul Harmilapi - Director
- Vishnu Jit Singh - Director
The CIN (Corporate Identification Number) of Gala Trading is U51900HR1999PTC064544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gala Trading is at Shop No. 118 Tikona Park N.I.T. Faridabad Haryana, Haryana, India – 121001.
The latest financial statements of Gala Trading on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 27 August 2016. Year-wise statements from 2015 are in the company report.
Gala Trading operated in the financial services industry, in the brokerage and trading services segment.
Gala Trading has 1 court case on record: 1 filed against it.
Mukul Harmilapi ceased to be Additional Director on 27 Aug 2016. Aviral Gupta ceased to be Additional Director on 13 Mar 2016. Mukul Harmilapi was appointed as Director on 12 Mar 2016. Gala Trading has 11 board changes on record in total.
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