About Galaxy Avenue Private Limited
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Galaxy Avenue Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 June 2004.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2004PTC044255. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹13 Cr and a paid-up capital of ₹2.54 Cr.
Its last annual general meeting (AGM) was held on 16 May 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at F – 14 Galaxy Complex Opp. Galaxy Cinema N. H. No. 8 Naroda, Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.53 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹46,795 (net margin -0.1%) and EBITDA of ₹11.33 Lakh (EBITDA margin 2.5%).
As per MCA filings, the company has satisfied charges of ₹21.15 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
The last known website on record is galaxygroup.com.
Company details
Contact details
Galaxy Avenue Private Limited's registered office is in Ahmedabad, Gujarat. Its website is galaxygroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressF – 14 Galaxy Complex Opp. Galaxy Cinema N. H. No. 8 Naroda, Ahmedabad, Gujarat, India – 382330
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Galaxy Avenue 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 Avenue is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Galaxy Avenue Private Limited, buy the company report.
Financials of Galaxy Avenue Private Limited
FY 2017 filings availableGalaxy Avenue Private Limited reported revenue of ₹4.53 Cr (down 75% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% in the latest year. EBITDA fell 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4.53 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹11.33 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹46,795 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.5% | ||
| Net Profit Margin | -0.1% | ||
| 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 Avenue Private Limited, buy the company report.
Board of directors of Galaxy Avenue Private Limited
Galaxy Avenue has 9 former directors on record and no current directors listed.
Peer comparison
Galaxy Avenue Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Galaxy Avenue Private Limitedthis company | ₹4.53 Cr (FY 2017) | -₹46,795 | -0.1% | -75.0% | Ahmedabad, Gujarat, India | |
| Sai Infradesign Private Limited | ₹4.53 Cr (FY 2025) | -27.0% | Kanpur, Uttar Pradesh, India | |||
| Melton Infrabuild Private Limited | ₹4.53 Cr (FY 2024) | 893.0% | Hosakote, Karnataka, India | |||
| Shirsath Engineering Services Private Limited | ₹4.52 Cr (FY 2025) | 2168.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Galaxy Avenue Private Limited, buy the company report.
Auditor
Galaxy Avenue Private Limited is audited by Jaimin deliwala & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jaimin deliwala & Co. | FY 2017 | 103861W |
Shareholding
The shareholding of Galaxy Avenue 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 Avenue Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2013 | 10413200 | State Bank of India | ₹3.57 Cr | Satisfied | |
| 11 Feb 2010 | 10209704 | State Bank of India | ₹7.51 Cr | Satisfied | |
| 31 Jan 2009 | 10145583 | The Naroda Nagrik Co-Op Bank Limited | ₹13 Lakh | Satisfied | |
| 12 Jul 2008 | 10119238 | State Bank of India | ₹4.97 Cr | Satisfied | |
| 12 Jul 2008 | 10119236 | State Bank of India | ₹4.97 Cr | Satisfied |
To see the full charge records of Galaxy Avenue Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Galaxy Avenue Private Limited has 2 court cases on record: 1 filed by Galaxy Avenue, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Uttar Gujarat Vij Company Ltd | Pending |
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed by the company against individuals | Pending |
To see the full case history of Galaxy Avenue Private Limited, 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 Avenue Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galaxy Avenue 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 Avenue Private Limited, buy the company report.
Recent activity
Galaxy Avenue Private Limited has 9 board changes on record since 2008: 0 appointments and 9 cessations. The latest: Bhatt Nilesh Dineshchandra ceased to be Director on 19 Jun 2017.
12 earlier events are in the company report.
Frequently asked questions
Galaxy Avenue 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 Avenue was a private limited company based in Ahmedabad, Gujarat, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 June 2004 and is registered under CIN U45201GJ2004PTC044255. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Galaxy Avenue is U45201GJ2004PTC044255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galaxy Avenue was incorporated on 04 June 2004. It is registered with the Registrar of Companies, Ahmedabad.
Galaxy Avenue can be reached through the website galaxygroup.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Galaxy Avenue is at F – 14 Galaxy Complex Opp. Galaxy Cinema N. H. No. 8 Naroda, Ahmedabad, Gujarat, India – 382330.
The latest financial statements of Galaxy Avenue on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 16 May 2017. Year-wise statements from 2015 are in the company report.
No. Galaxy Avenue has 1 GST registration on record and it is cancelled or inactive.
Galaxy Avenue operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Galaxy Avenue by revenue are Sai Infradesign Private Limited, Melton Infrabuild Private Limited, Shirsath Engineering Services Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Galaxy Avenue has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.