Galaxy Associates Pvt Ltd
About Galaxy Associates Pvt Ltd
Data last updated:
Galaxy Associates Pvt Ltd was a private limited company based in New Delhi, Delhi, 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 construction materials distribution segment of the metals and mining sector. It was incorporated on 22 May 1987.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1987PTC028079. The company has 1 GST registration on record, which is no longer active.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 ₹9.45 Lakh. It was led by directors Amit Garg and Shivani Garg.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at D – 186 Okhla Indl. Area Phase – 1, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.71 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹40.23 Lakh (net margin 23.5%) and EBITDA of ₹53.41 Lakh (EBITDA margin 31.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 6% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.44 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Company details
Contact details
Galaxy Associates Pvt Ltd's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 186 Okhla Indl. Area Phase – 1, New Delhi, Delhi, India – 110020
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Galaxy Associates Pvt Ltd, 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 Associates 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 Associates Pvt Ltd, buy the company report.
Financials of Galaxy Associates Pvt Ltd
FY 2023 filings availableGalaxy Associates Pvt Ltd reported revenue of ₹1.71 Cr (down 43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 43% fall in the latest year. EBITDA rose 11% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.71 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹53.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.23 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.2% | ||||
| Net Profit Margin | 23.5% | ||||
| 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 Associates Pvt Ltd, buy the company report.
Board of directors of Galaxy Associates Pvt Ltd
Galaxy Associates 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 |
|---|---|---|---|---|
| Amit Garg Also directs: Edgepoint Infra Developers LLP, Akg Infraprojects LLP, A K G Construction LLP and 5 more | Director | 02 Apr 2001 | 25 Years 6 Months | As last reported |
| Shivani Garg Also directs: Edgepoint Infra Developers LLP, Akg Infraprojects LLP, A K G Construction LLP and 5 more | Director | 01 Apr 2021 | 5 Years 6 Months | As last reported |
Peer comparison
Galaxy Associates Pvt Ltd is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| BBS Infra Bharat Private Limited | ₹1.72 Cr (FY 2025) | 2900.0% | Surat, Gujarat, India | |||
| Avinash Techno Solutions Private Limited | ₹1.71 Cr (FY 2025) | 64.0% | Vadodara, Gujarat, India | |||
| Galaxy Associates Pvt Ltdthis company | ₹1.71 Cr (FY 2023) | ₹40.23 Lakh | 23.5% | -43.0% | New Delhi, Delhi, India | |
| B.M.Ceramics Private Limited | ₹1.71 Cr (FY 2025) | -25.0% | Chennai, Tamil Nadu, India | |||
| Duree Designs Private Limited | ₹1.7 Cr (FY 2024) | 193.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Galaxy Associates Pvt Ltd, buy the company report.
Auditor
Galaxy Associates Pvt Ltd is audited by G R BANSAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R BANSAL & CO. | FY 2023 | 003840N |
Shareholding
The shareholding of Galaxy Associates Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Galaxy Associates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2011 | 10267254 | Citibank N.A | ₹2.35 Cr | Satisfied | |
| 19 Mar 1999 | 90035127 | The Bank of Rajasthan Ltd. | ₹8.5 Lakh | Satisfied |
To see the full charge records of Galaxy Associates Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Galaxy Associates Pvt Ltd has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Pending |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
To see the full case history of Galaxy Associates Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Galaxy Associates Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galaxy Associates 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 Associates Pvt Ltd, buy the company report.
Recent activity
Galaxy Associates Pvt Ltd has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Jai Kishan Garg ceased to be Director on 25 Apr 2021.
Frequently asked questions
Galaxy Associates 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.
Galaxy Associates was a private limited company based in New Delhi, Delhi, India. The company worked in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 22 May 1987 and is registered under CIN U74899DL1987PTC028079. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Galaxy Associates is U74899DL1987PTC028079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galaxy Associates had 2 directors:
- Amit Garg - Director
- Shivani Garg - Director
Galaxy Associates was incorporated on 22 May 1987. It is registered with the Registrar of Companies, Delhi.
The registered office of Galaxy Associates is at D – 186 Okhla Indl. Area Phase – 1, New Delhi, Delhi, India – 110020.
The latest financial statements of Galaxy Associates on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Galaxy Associates has 1 GST registration on record and it is cancelled or inactive.
Galaxy Associates operated in the metals and minerals industry, in the construction materials retail and distribution segment.
The peers of Galaxy Associates by revenue are BBS Infra Bharat Private Limited, Avinash Techno Solutions Private Limited, B.M.Ceramics Private Limited, Duree Designs Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Galaxy Associates has 3 court cases on record: 3 filed against it. 2 are pending.