Galaxy Bearings Limited Company Logo

Galaxy Bearings Limited - Company Profile

It is a machinery and equipment public limited company based in Ahmedabad, Gujarat, India, established in 1990.

1990 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Galaxy Bearings Limited

Galaxy Bearings Limited, a active public limited company, was established on 19 September 1990 in Ahmedabad, Gujarat, India. Engaging in industrial machine tools within the manufacturing sector, it holds CIN: L29120GJ1990PLC014385. Registered under ROC Roc Ahmedabad. it is listed on BSE: 526073. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.18 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹121.38 Cr and a net worth of ₹74.46 Cr. Employing 215 professional, Its leadership includes Deepa Shah (Director), Kartik Kumar Vinodchandra Patel (Director), Devang Mahesh Gor (Director). Past directors included Deepa Shah, Kartik Kumar Vinodchandra Patel, Navinchandra Mohanlal Patel. It holds ₹62.00 Cr open charges and ₹15.58 Cr settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at A-53/54, 5Th Floor, Pariseema Complex, C.G. Road, Ellisbridge,, Ahmedabad, Gujarat, 380006.

Company Details

  • CIN/LLPIN

    L29120GJ1990PLC014385

  • Registration Number

    014385

  • Incorporation Date

    19 September 1990

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.18 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 526073)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.18 Cr
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 62.00 Cr
  • Satisfied Charges ₹ 15.58 Cr
  • Revenue Growth 14.84%
  • Profit Growth 20.03%
  • Ebitda 14.11%
  • Net Worth 27.03%
  • Total Assets 29.72%
Company report

Galaxy Bearings Limited

Company Report FY 2025-2026

Explore comprehensive insights into Galaxy Bearings Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Galaxy Bearings Limited?

Current Directors

NameDesignationAppointment DateStatus
Deepa ShahDirector10 Aug 2023Current
Kartik Kumar Vinodchandra PatelDirector10 Aug 2023Current
Devang Mahesh GorDirector10 Aug 2019Current
Bera Tuhina RimalDirector08 Jan 2015Current
Shetal Devang GorDirector08 Jan 2015Current
Bharatkumar Keshavji GhodasaraWhole-Time Director28 Mar 1994Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director25 Sep 2023Past
Pramod AbcsddAdditional Director25 Sep 2023Past
Pramod AbcsddDirector24 Sep 2022Past
Pramod AbcsddDirector01 Nov 2023Past
Pramod AbcsddDirector25 Sep 2019Past
Pramod AbcsddCompany Secretary-Past

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Financial Performance of Galaxy Bearings.

Galaxy Bearings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.84% increase. The company also saw a substantial improvement in profitability, with a 20.03% increase in profit. The company's net worth Soared by an impressive increase of 27.03%.

Galaxy Bearings revenue growth over time
Galaxy Bearings profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.84%
Revenue from Operations
14.02%
Total Assets
29.72%
Profit or Loss
20.03%
Net Worth
27.03%
EBITDA
14.11%

What is the Ownership and Shareholding Structure of Galaxy Bearings?

In 2023, Galaxy Bearings had a promoter holding of 53.96% and a public holding of 46.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹620,000,000.00

Satisfied Charges

₹155,800,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 42.00 Cr
  • Others : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Nov 2024Others₹20.00 CrOpen
02 Aug 2010State Bank Of India₹21.00 CrOpen
27 Jul 2010State Bank Of India₹21.00 CrOpen
07 Jun 2006Bank Of Baroda₹7.27 CrSatisfied
21 Apr 1999Bank Of Baroda₹7.00 MSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Galaxy Bearings?

Galaxy Bearings has a workforce of 215 employees as of Apr 11, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Galaxy Bearings Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Galaxy Bearings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Galaxy Bearings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Galaxy Bearings

Recent Activity within the Organization

  • Charges

    The activity A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101064678 was registered on 26 Nov 2024. was completed.

  • Annual General Meeting

    The activity Galaxy Bearings Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Galaxy Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Director Appointment

    Deepa Shah was appointed as a Director was appointed as a Director on 10 Aug 2023 & has been associated with this company since 2 years 3 months . was recorded as a recent event.

  • Director Appointment

    Kartik Kumar Vinodchandra Patel was appointed as a Director was appointed as a Director on 10 Aug 2023 & has been associated with this company since 2 years 3 months . was recorded as a recent event.

  • Director Appointment

    The activity Devang Mahesh Gor was appointed as a Director was appointed as a Director on 10 Aug 2019 & has been associated with this company since 6 years 3 months . was completed.

Recent News, Updates & Announcement

  • Galaxy Bearings news update on market trends
    Galaxy Bearings: Outcome of board meeting.

    Submission of Unaudited Financial Results (Standalone) for the quarter ended on 31st December, 2016. We wish to inform you that at its meeting held on today the Board of Directors of the Company approved the Unaudited Financial Results (standalone) for the Quarter ended on 31st December, 2016..

    Moneycontrol

Frequently Asked Questions

  • What is the CIN of Galaxy Bearings Limited?

    The CIN of Galaxy Bearings Limited is L29120GJ1990PLC014385.

  • Where is Galaxy Bearings Limited headquartered?

    Galaxy Bearings Limited is headquartered at A-53/54, 5Th Floor, Pariseema Complex, C.G. Road, Ellisbridge,, Ahmedabad, Gujarat, 380006.

  • When was Galaxy Bearings Limited incorporated?

    Galaxy Bearings Limited was incorporated on 19 September 1990.

  • Who are the current directors of Galaxy Bearings Limited?

    The current directors of Galaxy Bearings Limited are

  • What is the primary industry of Galaxy Bearings Limited?

    The primary industry of Galaxy Bearings Limited is Manufacturing.

  • Is Galaxy Bearings Limited a listed company?

    Galaxy Bearings Limited is listed. It is listed on BSE: 526073.

  • What is the capital structure of Galaxy Bearings Limited?

    The authorized capital of Galaxy Bearings Limited is ₹5.00 Cr, and the paid-up capital is ₹3.18 Cr.

  • What is the compliance status of Galaxy Bearings Limited?

    The compliance status of Galaxy Bearings Limited is Compliant.

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