Galaxy Renewable Energy Private Limited
About Galaxy Renewable Energy Private Limited
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Galaxy Renewable Energy Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 07 July 2009.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U40109TN2009PTC072217. The company has 1 GST registration on record, which is no longer active.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 Rajamurugan and Satish Rao Chennamaneni.
Its last annual general meeting (AGM) was held on 25 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No.7 Velder Street Anna Salai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2016, the company reported a revenue of ₹89.45 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹63,898 (net margin 0.7%) and EBITDA of ₹79,059 (EBITDA margin 0.9%).
Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it.
Company details
Contact details
Galaxy Renewable Energy Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo.7 Velder Street Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment, Electrical Equipment
- 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 Renewable Energy is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Galaxy Renewable Energy Private Limited, buy the company report.
Financials of Galaxy Renewable Energy Private Limited
FY 2016 filings availableGalaxy Renewable Energy Private Limited reported revenue of ₹89.45 Lakh (up 3578% YoY) for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹79,059 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹63,898 | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.9% | |
| Net Profit Margin | 0.7% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Galaxy Renewable Energy Private Limited, buy the company report.
Board of directors of Galaxy Renewable Energy Private Limited
Galaxy Renewable Energy 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 |
|---|---|---|---|---|
| Satish Rao Chennamaneni Also directs: Newgen Utility Solutions Private Limited, Chogen Powers Private Limited, PVCR JV Private Limited and 2 more | Additional Director | 15 Nov 2013 | 12 Years 11 Months | As last reported |
| Rajamurugan | Director | 07 Jul 2009 | 17 Years 4 Months | As last reported |
Legal cases
Galaxy Renewable Energy Private Limited has 10 court cases on record: 5 filed by Galaxy Renewable Energy, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 0 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by Satish Rao Chennamaneni Director M/S. J. Pothiraj, N.Raja,M.Jaurudeen | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by Satish Rao Chennamaneni Director M/S. J. Pothiraj, N.Raja,M.Jaurudeen | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Galaxy Renewable Energy 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 Renewable Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galaxy Renewable Energy 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 Renewable Energy Private Limited, buy the company report.
Recent activity
Galaxy Renewable Energy Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Satish Rao Chennamaneni was appointed as Additional Director on 15 Nov 2013.
Frequently asked questions
Galaxy Renewable Energy 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.
Galaxy Renewable Energy was a private limited company based in Chennai, Tamil Nadu, India. The company worked in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 07 July 2009 and is registered under CIN U40109TN2009PTC072217. The company has been struck off by the Registrar of Companies and is no longer operational.
Galaxy Renewable Energy had 2 directors:
- Satish Rao Chennamaneni - Additional Director
- Rajamurugan - Director
The CIN (Corporate Identification Number) of Galaxy Renewable Energy is U40109TN2009PTC072217. 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 Galaxy Renewable Energy is at No.7 Velder Street Anna Salai, Chennai, Tamil Nadu, India – 600002.
Galaxy Renewable Energy was incorporated on 07 July 2009. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Galaxy Renewable Energy on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 25 September 2016. Year-wise statements from 2015 are in the company report.
No. Galaxy Renewable Energy has 1 GST registration on record and it is cancelled or inactive.
Galaxy Renewable Energy operated in the electrical industry, in the general purpose and special purpose machinery and equipment segment. It worked in this industry before it was struck off.
Galaxy Renewable Energy has 10 court cases on record: 5 filed by the company and 5 filed against it. Most are in the district courts.
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