Galaxy X Innovations Private Limited
About Galaxy X Innovations Private Limited
Data last updated:
Galaxy X Innovations Private Limited was a private limited company based in Mysore, Karnataka, 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 computer and IT-related services segment of the technology and IT services sector. It was incorporated on 21 December 2020.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC142425.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹30,000. It was led by directors Ganesan Anbaruvi and Bhaskar Ramakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Ka No 631 Hinakal, Mysore, Karnataka, India – 570030.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.16 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6,391 (net margin 0.9%) and EBITDA of ₹12,145 (EBITDA margin 1.7%).
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- Registered AddressKa No 631 Hinakal, Mysore, Karnataka, India – 570030
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Galaxy X Innovations Private Limited
The main business activity of Galaxy X Innovations is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Galaxy X Innovations Private Limited FY 2022 filings available
Galaxy X Innovations Private Limited reported revenue of ₹7.16 Lakh (up 440% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Galaxy X Innovations Private Limited
Revenue rose 440% in the latest year. EBITDA rose 49% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Galaxy X Innovations Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| 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 | ₹12,145 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹6,391 | •••• |
| 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 of Galaxy X Innovations Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.7% | •••• |
| Net Profit Margin | 0.9% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Galaxy X Innovations are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Galaxy X Innovations Private Limited
Galaxy X Innovations Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Scientific research and development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zygene Biotechnologies Private Limited | ₹7.33 Lakh (FY 2024) | •••• | •••• | 51.0% | •••• | Kanayannur, Kerala, India |
| Adhrysa Industries Private Limited | ₹7.29 Lakh (FY 2025) | •••• | •••• | 2478.0% | •••• | Jaipur, Rajasthan, India |
| Transintegra Biomedica Private Limited | ₹7.28 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Bhubaneswar, Odisha, India |
| Kaivalya Renewable Energy Solution Private Limited | ₹7.26 Lakh (FY 2019) | •••• | •••• | 29.0% | •••• | Jalgaon, Maharashtra, India |
| Aisiri Ingenious Solutions Private Limited | ₹7.19 Lakh (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Galaxy X Innovations Private Limited this company | ₹7.16 Lakh (FY 2022) | •••• | •••• | 440.0% | •••• | Mysore, Karnataka, India |
| Oeesha Solutions Private Limited | ₹7.13 Lakh (FY 2025) | •••• | •••• | 51.0% | •••• | Pune, Maharashtra, India |
| Norcal IT Private Limited | ₹7.11 Lakh (FY 2020) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Sunlic Green Energy Private Limited | ₹7.08 Lakh (FY 2023) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Bio Impel Research Private Limited | ₹7.08 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Anand, Gujarat, India |
| Genica Biosciences (OPC) Private Limited | ₹7 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Galaxy X Innovations by revenue in the same principal business activity (Scientific research and development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Galaxy X Innovations Private Limited
Galaxy X Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesan Anbaruvi | Director | 21 Dec 2020 | 5 Years 9 Months | As last reported |
| Bhaskar Ramakrishnan | Director | 21 Dec 2020 | 5 Years 9 Months | As last reported |
Charges & Borrowings of Galaxy X Innovations Private Limited
Galaxy X Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Galaxy X Innovations Private Limited
Employment history and EPFO contributions of people linked to Galaxy X Innovations.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Galaxy X Innovations Private Limited
Galaxy X Innovations Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Bhaskar Ramakrishnan was appointed as Director on 21 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Galaxy X Innovations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Galaxy X Innovations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Galaxy X Innovations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Galaxy X Innovations Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Galaxy X Innovations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Galaxy X Innovations Private Limited
Galaxy X Innovations 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 X Innovations was a private limited company based in Mysore, Karnataka, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 21 December 2020 and is registered under CIN U72900KA2020PTC142425. The company has been struck off by the Registrar of Companies and is no longer operational.
Galaxy X Innovations had 2 directors:
- Ganesan Anbaruvi - Director
- Bhaskar Ramakrishnan - Director
The CIN (Corporate Identification Number) of Galaxy X Innovations is U72900KA2020PTC142425. 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 X Innovations is at Ka No 631 Hinakal, Mysore, Karnataka, India – 570030.
Galaxy X Innovations was incorporated on 21 December 2020. It is registered with the Registrar of Companies, Bangalore.
Galaxy X Innovations reported revenue of ₹7.16 Lakh for FY 2022 (up 440% YoY).
Galaxy X Innovations has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹30,000.
Galaxy X Innovations reported a net profit of ₹6,391 (net margin 0.9%) and EBITDA of ₹12,145 (EBITDA margin 1.7%) for FY 2022, as per its filed financial statements.
Galaxy X Innovations operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.
No. Galaxy X Innovations is not listed on any stock exchange. It is an unlisted company.