Galav Worldtrade Private Limited
About Galav Worldtrade Private Limited
Data last updated:
Galav Worldtrade Private Limited was a private limited company based in Rajkot, Gujarat, 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 online electronics retail segment of the e-commerce sector. It was incorporated on 09 December 2016.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2016PTC094664. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Mehulkumar Niranjankumar Patel and Bharat Ishwarlal Patel.
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 Janki Residency B/H Parijat Party Yagrajnagar – 2 B/H Gokulmathura 150 Feet Ring Road, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2018, the company reported a revenue of ₹60,500. For the same year it recorded a net loss of ₹77,664 (net margin -128.4%) and EBITDA of -₹76,714 (EBITDA margin -126.8%).
Company details
Contact details
Galav Worldtrade Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJanki Residency B/H Parijat Party Yagrajnagar – 2 B/H Gokulmathura 150 Feet Ring Road, Rajkot, Gujarat, India – 360005
- IndustryE-Commerce, Online Electronics Retail
To see the full contact details of Galav Worldtrade 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 Galav Worldtrade 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 Galav Worldtrade Private Limited, buy the company report.
Financials of Galav Worldtrade Private Limited
FY 2018 filings availableGalav Worldtrade Private Limited reported revenue of ₹60,500 for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹60,500 | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹76,714 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹77,664 | |
| 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -126.8% | |
| Net Profit Margin | -128.4% | |
| 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 Galav Worldtrade Private Limited, buy the company report.
Board of directors of Galav Worldtrade Private Limited
Galav Worldtrade has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehulkumar Niranjankumar Patel Also directs: Senthil Seeds Private Limited | Director | 09 Dec 2016 | 9 Years 11 Months | As last reported |
| Bharat Ishwarlal Patel Also directs: Jaymala Spintex LLP | Director | 09 Dec 2016 | 9 Years 11 Months | As last reported |
| Galav Bharatbhai Patel | Director | 09 Dec 2016 | 9 Years 11 Months | As last reported |
| Bhavesh Himmatlal Thakar Also directs: Itishree Tradelink Private Limited | Director | 09 Dec 2016 | 9 Years 11 Months | As last reported |
Auditor
Galav Worldtrade Private Limited is audited by VAGHASIA & LAKHANI LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VAGHASIA & LAKHANI LLP | FY 2018 | 134575W |
Shareholding
The shareholding of Galav Worldtrade Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Galav Worldtrade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Galav Worldtrade 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 Galav Worldtrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galav Worldtrade 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 Galav Worldtrade Private Limited, buy the company report.
Recent activity
Galav Worldtrade Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Bharat Ishwarlal Patel was appointed as Director on 09 Dec 2016.
Frequently asked questions
Galav Worldtrade 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.
Galav Worldtrade was a private limited company based in Rajkot, Gujarat, India. The company worked in online electronics retail, within the e-commerce industry. It was incorporated on 09 December 2016 and is registered under CIN U51909GJ2016PTC094664. The company has been struck off by the Registrar of Companies and is no longer operational.
Galav Worldtrade had 4 directors:
- Mehulkumar Niranjankumar Patel - Director
- Bharat Ishwarlal Patel - Director
- Galav Bharatbhai Patel - Director
- Bhavesh Himmatlal Thakar - Director
The CIN (Corporate Identification Number) of Galav Worldtrade is U51909GJ2016PTC094664. 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 Galav Worldtrade is at Janki Residency BH Parijat Party Yagrajnagar – 2 BH Gokulmathura 150 Feet Ring Road, Rajkot, Gujarat, India – 360005.
Galav Worldtrade was incorporated on 09 December 2016. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Galav Worldtrade 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 FY 2017 are in the company report.
No. Galav Worldtrade has 1 GST registration on record and it is cancelled or inactive.
Galav Worldtrade operated in the e-commerce industry, in the online electronics retail segment. It worked in this industry before it was struck off.
Bharat Ishwarlal Patel was appointed as Director on 09 Dec 2016. Bhavesh Himmatlal Thakar was appointed as Director on 09 Dec 2016. Galav Bharatbhai Patel was appointed as Director on 09 Dec 2016. Galav Worldtrade has 4 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
