Galaxy Solar Systems Private Limited
About Galaxy Solar Systems Private Limited
Data last updated:
Galaxy Solar Systems Private Limited was a private 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 retail trade segment of the trading and commerce sector. It was incorporated on 28 June 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31900MH2007PTC172054. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rita Jain and Vipin Kumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 72 4th Floor Near Ramwadi Post Office 366 – 68 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2018, the company reported a revenue of ₹23,900, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹261 (net margin -1.1%) and EBITDA of ₹10,796 (EBITDA margin 45.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
Company details
Contact details
Galaxy Solar Systems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address72 4th Floor Near Ramwadi Post Office 366 – 68 Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Galaxy Solar Systems 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 Galaxy Solar Systems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Galaxy Solar Systems Private Limited, buy the company report.
Financials of Galaxy Solar Systems Private Limited
FY 2018 filings availableGalaxy Solar Systems Private Limited reported revenue of ₹23,900 (up 21% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 14% 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 2017-18 | FY 2016-17 | 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 | ₹10,796 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹261 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 45.2% | |||
| Net Profit Margin | -1.1% | |||
| 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 Solar Systems Private Limited, buy the company report.
Board of directors of Galaxy Solar Systems Private Limited
Galaxy Solar Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rita Jain | Director | 21 Jul 2010 | 16 Years 3 Months | As last reported |
| Vipin Kumar Jain | Director | 28 Jun 2007 | 19 Years 3 Months | As last reported |
Peer comparison
Galaxy Solar Systems Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MG Exim India Private Limited | ₹24,000 (FY 2025) | Hisar, Haryana, India | ||||
| Shefali Agrotech Private Limited | ₹24,000 (FY 2018) | -69.0% | Katni, Madhya Pradesh, India | |||
| Silversmith Trading Services Private Limited | ₹24,000 (FY 2016) | Ajmeri Gate, Delhi, India | ||||
| Camswin Pharmaceuticals Private Limited | ₹23,986 (FY 2024) | 10329.0% | Cuttack, Odisha, India | |||
| Ralli Hygiene Private Limited | ₹23,967 (FY 2025) | Delhi, India | ||||
| Galaxy Solar Systems Private Limitedthis company | ₹23,900 (FY 2018) | -₹261 | -1.1% | 21.0% | Mumbai, Maharashtra, India | |
| Goldenary Diamond Jewellers Private Limited | ₹23,810 (FY 2025) | -7.0% | Burdwan, West Bengal, India | |||
| D B India Distribution Services Private Limited | ₹23,800 (FY 2024) | -88.0% | Lucknow, Uttar Pradesh, India | |||
| Idealers B2b Private Limited | ₹23,770 (FY 2024) | -42.0% | Kharghar, Maharashtra, India | |||
| Accretion Biotech India Private Limited | ₹23,759 (FY 2018) | -93.0% | Hamirpiur, Himachal Pradesh, India | |||
| Ipr Atmospheric Solutions Private Limited | ₹23,754 (FY 2024) | 146.0% | Pune, Maharashtra, India |
To see the full peer comparison of Galaxy Solar Systems Private Limited, buy the company report.
Auditor
Galaxy Solar Systems Private Limited is audited by GIRIRAJ SHRIMAL & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRIRAJ SHRIMAL & COMPANY | FY 2017 | 147041 |
Shareholding
The shareholding of Galaxy Solar Systems Private 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 Solar Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Galaxy Solar Systems Private 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 Solar Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galaxy Solar Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Galaxy Solar Systems Private Limited, buy the company report.
Recent activity
Galaxy Solar Systems Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Anand Kumar Jain ceased to be Director on 17 Aug 2010.
Frequently asked questions
Galaxy Solar Systems 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 Solar Systems was a private limited company based in Mumbai, Maharashtra, India. The company worked in retailers, within the trading industry. It was incorporated on 28 June 2007 and is registered under CIN U31900MH2007PTC172054. The company has been struck off by the Registrar of Companies and is no longer operational.
Galaxy Solar Systems had 2 directors:
- Rita Jain - Director
- Vipin Kumar Jain - Director
The CIN (Corporate Identification Number) of Galaxy Solar Systems is U31900MH2007PTC172054. 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 Solar Systems is at 72 4th Floor Near Ramwadi Post Office 366 – 68 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Galaxy Solar Systems was incorporated on 28 June 2007. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Galaxy Solar Systems on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Galaxy Solar Systems has 1 GST registration on record and it is cancelled or inactive.
Galaxy Solar Systems operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of Galaxy Solar Systems by revenue are MG Exim India Private Limited, Shefali Agrotech Private Limited, Silversmith Trading Services Private Limited, Camswin Pharmaceuticals Private Limited, Ralli Hygiene Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Anand Kumar Jain ceased to be Director on 17 Aug 2010. Rita Jain was appointed as Director on 21 Jul 2010. Vipin Kumar Jain was appointed as Director on 28 Jun 2007.