About Gala Springs Private Limited
Data last updated:
Gala Springs Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 14 April 1988.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1988PTC047020.
The company had an authorised share capital of ₹12.5 Lakh and a paid-up capital of ₹12.46 Lakh. It was led by directors Vishanji Harshi Gala and Kirit Vishanji Gala.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at A B 1B Nandanvan Ind Estate173 L B.S Marg, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.41 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33,966 (net margin 24.1%) and EBITDA of -₹14,719 (EBITDA margin -10.5%).
As per MCA filings, the company has satisfied charges of ₹12.96 Lakh on record.
The last known website on record is galagroup.com.
Company details
Contact details
Gala Springs Private Limited's registered office is in Thane, Maharashtra. Its website is galagroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressA B 1B Nandanvan Ind Estate173 L B.S Marg, Thane, Maharashtra, India – 400604
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Gala Springs 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
Financials of Gala Springs Private Limited
FY 2015 filings availableGala Springs Private Limited reported revenue of ₹1.41 Lakh (up 3061% YoY) for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1.41 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹14,719 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹33,966 |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -10.5% |
| Net Profit Margin | 24.1% |
| 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 Gala Springs Private Limited, buy the company report.
Board of directors of Gala Springs Private Limited
Gala Springs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishanji Harshi Gala | Director | 14 Apr 1988 | 38 Years 6 Months | As last reported |
| Kirit Vishanji Gala | Director | 14 Apr 1988 | 38 Years 6 Months | As last reported |
Auditor
Gala Springs Private Limited is audited by UDAY PASAD & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UDAY PASAD & ASSOCIATES | FY 2015 | 113230W |
Shareholding
The shareholding of Gala Springs Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gala Springs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 1994 | 90151833 | The Saraswat Co-Operative Bank Ltd | ₹1.9 Lakh | Satisfied | |
| 20 May 1994 | 90151820 | The Saraswat Co-Operative Bank Ltd | ₹56,000 | Satisfied | |
| 07 Feb 1994 | 90151811 | The Saraswat Co-Operative Bank Ltd | ₹5.5 Lakh | Satisfied | |
| 05 Feb 1993 | 90151795 | The Saraswat Co-Operative Bank Ltd | ₹5 Lakh | Satisfied |
To see the full charge records of Gala Springs Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Gala Springs 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 Gala Springs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gala Springs has 1 associated company. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Gala Springs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gala Springs Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Kirit Vishanji Gala was appointed as Director on 14 Apr 1988.
2 earlier events are in the company report.
News
Frequently asked questions
Gala Springs has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Gala Springs was a private limited company based in Thane, Maharashtra, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 14 April 1988 and is registered under CIN U99999MH1988PTC047020. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Gala Springs is U99999MH1988PTC047020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gala Springs had 2 directors:
- Vishanji Harshi Gala - Director
- Kirit Vishanji Gala - Director
Gala Springs was incorporated on 14 April 1988. It is registered with the Registrar of Companies, Mumbai.
Gala Springs can be reached through the website galagroup.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Gala Springs is at A B 1B Nandanvan Ind Estate173 L B.S Marg, Thane, Maharashtra, India – 400604.
The latest financial statements of Gala Springs on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
Gala Springs operated in the machinery and equipment industry, in the industrial tools and components segment.
Kirit Vishanji Gala was appointed as Director on 14 Apr 1988. Vishanji Harshi Gala was appointed as Director on 14 Apr 1988.
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