About Galaxy Global Infotech Limited
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Galaxy Global Infotech Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 24 November 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72100MH2005PLC157771. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It was led by directors including Mohammed Sadique Mehmood Bhaji and Amin Ibrahim Sirguroh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 120 3rd Floor Centre L T Marg, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2016, the company reported a revenue of ₹80,250, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹38,148 (net margin -47.5%) and EBITDA of ₹20,574 (EBITDA margin 25.6%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 37% over five years.
The last known website on record is aceglobal.co.in.
Company details
CIN history
Galaxy Global Infotech has one previous CIN (Corporate Identification Number): U72100MH2005PTC157771. The current CIN is U72100MH2005PLC157771, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100MH2005PLC157771 | Current |
| U72100MH2005PTC157771 | Previous |
Contact details
Galaxy Global Infotech Limited's registered office is in Mumbai, Maharashtra. Its website is aceglobal.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address120 3rd Floor Centre L T Marg, Mumbai, Maharashtra, India – 400001
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Galaxy Global Infotech 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
Financials of Galaxy Global Infotech Limited
FY 2018 filings availableGalaxy Global Infotech Limited reported revenue of ₹80,250 (down 23% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 23% fall in the latest year. EBITDA fell 70% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last 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 | ₹80,250 | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹20,574 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹38,148 | |
| 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 | 25.6% | |
| Net Profit Margin | -47.5% | |
| 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 Galaxy Global Infotech Limited, buy the company report.
Board of directors of Galaxy Global Infotech Limited
Galaxy Global Infotech has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Sadique Mehmood Bhaji Also directs: Ace Global Aircon Services Limited | Director | 24 Nov 2005 | 20 Years 10 Months | As last reported |
| Amin Ibrahim Sirguroh Also directs: Ace Global Aircon Services Limited | Director | 24 Nov 2005 | 20 Years 10 Months | As last reported |
| Shweta Sandeep Ubale | Additional Director | 01 Jul 2011 | 15 Years 3 Months | As last reported |
| Sandeep Gulab Ubale Also directs: Ace Global Aircon Services Limited | Additional Director | 01 Jul 2011 | 15 Years 3 Months | As last reported |
Auditor
Galaxy Global Infotech Limited is audited by D. N. Kapadia & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. N. Kapadia & Co. | FY 2016 |
Shareholding
The shareholding of Galaxy Global Infotech Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Galaxy Global Infotech Limited, buy the company report.
Legal cases
No court or tribunal cases involving Galaxy Global Infotech Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Galaxy Global Infotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galaxy Global Infotech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Galaxy Global Infotech Limited, buy the company report.
Recent activity
Galaxy Global Infotech Limited has 7 board changes on record since 2005: 4 appointments and 3 cessations. The latest: Salim Hashmat Sirguroh ceased to be Director on 19 Jan 2012.
Frequently asked questions
Galaxy Global Infotech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Galaxy Global Infotech was a public limited company based in Mumbai, Maharashtra, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 24 November 2005 and is registered under CIN U72100MH2005PLC157771. The company has been struck off by the Registrar of Companies and is no longer operational.
Galaxy Global Infotech had 4 directors:
- Mohammed Sadique Mehmood Bhaji - Director
- Amin Ibrahim Sirguroh - Director
- Shweta Sandeep Ubale - Additional Director
- Sandeep Gulab Ubale - Additional Director
The CIN (Corporate Identification Number) of Galaxy Global Infotech is U72100MH2005PLC157771. 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 Galaxy Global Infotech is at 120 3rd Floor Centre L T Marg, Mumbai, Maharashtra, India – 400001.
Galaxy Global Infotech was incorporated on 24 November 2005. It is registered with the Registrar of Companies, Mumbai.
Galaxy Global Infotech can be reached through the website aceglobal.co.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Galaxy Global Infotech on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Galaxy Global Infotech has 2 GST registrations on record and all of them are cancelled or inactive.
Galaxy Global Infotech operated in the information technology industry, in the IT products retail and distribution segment. It worked in this industry before it was struck off.