About
Basic Data Updated:
4 months agoGalaxy Bearings Limited is involved in the production of tapered roller bearings and cylindrical roller bearings. Additionally, axle spare parts are also manufactured by the company and are exported to multiple countries. The manufacturing facility of GBL is situated in Rajkot (Gujarat) and has a capacity to produce 21 lac bearings every year. The company serves various sectors such as automotive original equipment manufacturers, industrial, defense, state transport, and after market segments.
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | L29120GJ1990PLC014385 |
| Company No. | 014385 |
| Stock Symbol | BSE : 526073 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 19 Sep 1990 |
| Date of AGM | 26 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Ahmedabad |
Products or Services related to Galaxy Bearings Limited
Automotive Spare Parts
Cylindrical Roller Bearing
Ball Bearings
Tapered Roller Bearings
Financials of Galaxy Bearings Limited
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%.
Enhance accessibility to Galaxy Bearings's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Galaxy Bearings's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Galaxy Bearings Limited
Unlock and access historical data on people associated with Galaxy Bearings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
DP
Dixit Patel
CFOAppointment Date: 01-Oct-2014
Status: Current
JP
Jeel Poshiya Company SecretaryAppointment Date: 13-Aug-2022
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 02 Aug 2010 | ₹21.00 Cr | Open |
State Bank Of India Creation Date: 27 Jul 2010 | ₹21.00 Cr | Open |
Bank Of Baroda Creation Date: 07 Jun 2006 | ₹7.27 Cr | Satisfied |
Deals i
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
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.
Alert
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.
Related Corporates (Common Directorship)
28 years 17 days Recent activity within the organization
Annual General Meeting
Galaxy Bearings Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.
26 Sep 2023Balance Sheet
Galaxy Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
31 Mar 2023Director Appointment
Devang Mahesh Gor was appointed as a Director was appointed as a Director on 10 Aug 2019 & has been associated with this company since 4 years 8 months .
10 Aug 2019Charges
A charge with State Bank Of India of Rs. 21.00 cr registered on 02 Aug 2010 with Charge ID 10234795 was modified on 06 May 2015.
06 May 2015Charges
A charge with State Bank Of India of Rs. 21.00 cr registered on 27 Jul 2010 with Charge ID 10234791 was modified on 06 May 2015.
06 May 2015
Recent News, Updates & Announcement
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 02 Mar 2017
Frequently asked questions
What is the Incorporation or founding date of Galaxy Bearings Limited?