MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0002187
Galaxy Sivtek Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹82.54 Cr
▲ 16% YoY
Net profit · FY 2025
₹3.8 Cr
Net margin 4.6%
EBITDA · FY 2025
₹9.45 Cr
EBITDA margin 11.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.99 Cr
Issued & subscribed
Open charges
₹19.65 Cr
Satisfied ₹1.95 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
145
Provident fund records
About Galaxy Sivtek Private Limited
Data last updated:
Galaxy Sivtek Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Russell Finex Ltd. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29199MH2006PTC163096. Its GSTIN is 27AACCG6170G2ZM (Maharashtra). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It was formerly known as Gala Screening Solutions Pvt. Ltd. It is led by directors including Richard Anthony Kay and Ian Charles Wardlaw.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 410 Yusuf Building Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.54 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.8 Cr (net margin 4.6%) and EBITDA of ₹9.45 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 15% over five years.
The company has about 145 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.65 Cr and satisfied charges of ₹1.95 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 2 cases are pending. The company has 6 deals on record (6 funding rounds), with disclosed funding of ₹6.41 Cr; the latest was in August 2013. The company has 20 MSME Form 1 returns on record between 2019 and 2024, listing 1,366 overdue payments to 93 micro and small suppliers.
Galaxy Sivtek Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0002187). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website galaxysivtek.com.
Company details
CIN U29199MH2006PTC163096
Registration Number 163096
Incorporation Date 14 July 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Russell Finex Ltd
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0002187
Recognitions & Rankings of Galaxy Sivtek
Contact details
Galaxy Sivtek Private Limited's registered office is in Mumbai, Maharashtra. Its website is galaxysivtek.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address410 Yusuf Building Veer Nariman Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Galaxy Sivtek Private Limited, buy the company report.
Comprehensive company report
Galaxy Sivtek Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Galaxy Sivtek is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Galaxy Sivtek Private Limited, buy the company report.
Financials of Galaxy Sivtek Private Limited
FY 2025 filings availableGalaxy Sivtek Private Limited reported revenue of ₹82.54 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹82.54 Cr ▲ 16%
Net profit · FY 2025
₹3.8 Cr margin 4.6%
EBITDA · FY 2025
₹9.45 Cr margin 11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 13%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 111%
3 years · compounded
▲ 46%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 16% growth in the latest year. EBITDA rose 111% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.8 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Galaxy Sivtek Private Limited, buy the company report.
Board of directors of Galaxy Sivtek Private Limited
Galaxy Sivtek has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richard Anthony Kay Also directs: Russell Finex Sieves and Filters Private Limited | Director | 07 Sep 2023 | 3 Years 1 Months | Current |
| Ian Charles Wardlaw Also directs: Russell Finex Sieves and Filters Private Limited | Director | 18 Sep 2020 | 6 Years 1 Months | Current |
| Hema Akshay Vani | Director | 14 Oct 2020 | 6 Years 0 Months | Current |
| Akshay Motilal Vani | Director | 01 Apr 2014 | 12 Years 6 Months | Current |
| Kenneth John Armour Also directs: Russell Finex Sieves and Filters Private Limited | Director | 28 Jun 2013 | 13 Years 3 Months | Current |
| Robert Joseph O Connell Also directs: Russell Finex Sieves and Filters Private Limited | Director | 01 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Galaxy Sivtek Private Limited is audited by RMJ & ASSOCIATES LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RMJ & ASSOCIATES LLP | FY 2024 | W100281 |
Shareholding
The shareholding of Galaxy Sivtek Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Galaxy Sivtek Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.65 Cr
Satisfied charges
₹1.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2023 | 100799098 | Hdfc Bank Limited | ₹47.34 Lakh | Open | |
| 26 Sep 2023 | 100799105 | Hdfc Bank Limited | ₹7.89 Lakh | Open | |
| 29 Jun 2022 | 100595662 | Others | ₹19.1 Cr | Open | |
| 27 Sep 2019 | 100290897 | Others | ₹26.59 Lakh | Satisfied | |
| 06 Dec 2010 | 10259405 | The Honkong and Shanghai Banking Corporation Limited | ₹1.68 Cr | Satisfied |
To see the full charge records of Galaxy Sivtek Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Galaxy Sivtek Private Limited has 6 deals on record (6 funding rounds), with disclosed funding of ₹6.41 Cr; the latest was in August 2013.
Total deals
6
Funding rounds
6
Disclosed funding
₹6.41 Cr
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2013 | Funding round | ₹1.8 Cr | Investors: Russell Finex Limited |
| Nov 2010 | Funding round | ₹70.9 Lakh | Investors: Russell Finex Limited |
| Jul 2010 | Funding round | ₹70.9 Lakh | Investors: Russell Finex Limited |
| Jul 2008 | Funding round | ₹1 Cr | Investors: Russell Finex Limited |
To see the full deal history of Galaxy Sivtek Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Galaxy Sivtek Private Limited has 11 court cases on record: 9 filed by Galaxy Sivtek, 2 filed against it. 2 cases are pending and 9 are disposed.
Total cases
11
Filed by the company
9
Filed against the company
2
Pending
2
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Future Consumer Limited | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Satya Laxmi Mud-Chem Pvt.Ltd. | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Speciality Papers Limited | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against K.R.Pulp and Papers Limited | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Mr. Suresh Raja Shanmugapariya Proprietor M R Traders | Pending |
To see the full case history of Galaxy Sivtek 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
Galaxy Sivtek Private Limited has 20 MSME Form 1 returns on record between 2019 and 2024, listing 1,366 overdue payments to 93 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 93)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| As Attached | |||
| an individual supplier | |||
| an individual supplier | |||
| Satyanarayan Rubber and Plastic Ind |
To see the full MSME payment records of Galaxy Sivtek Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Galaxy Sivtek Private Limited has a workforce of 145 employees on its EPFO records as of Jan 07, 2026, across 1 active EPFO establishment.
Employee count
145
Active EPFO establishments
1
Employee growth
-1.36%
GST
Galaxy Sivtek has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG6170G2ZM | Maharashtra | Active | 09 Jun 2022 |
| 24AACCG6170G1ZT | Gujarat | Active | 01 Jul 2017 |
| 33AACCG6170G1ZU | Tamil Nadu | Active | 01 Jun 2020 |
| 09AACCG6170G1ZL | Uttar Pradesh | Active | 31 Jul 2021 |
To see the full GST registrations and return filing status of Galaxy Sivtek Private Limited, buy the company report.
Recent activity
Galaxy Sivtek Private Limited has 17 board changes on record since 2010: 6 appointments and 11 cessations. The latest: Richard Anthony Kay ceased to be Additional Director on 09 Nov 2023.
AGM
Galaxy Sivtek Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Galaxy Sivtek Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 19.10 Cr registered on 29 Jun 2022 with Charge ID 100595662 was modified on 28 Feb 2024.
Ceased
Richard Anthony Kay ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.47 Cr with Charge ID 100799098 was registered on 26 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100799105 was registered on 26 Sep 2023.
Appointed
Richard Anthony Kay was appointed as Director.
Ceased
Resham Singh ceased to be Director.
Charges
A charge with Others amounted to Rs. 19.10 Cr with Charge ID 100595662 was registered on 29 Jun 2022.
Charges
A charge registered on 27 Sep 2019 via Charge ID 100290897 with Others was fully satisfied on 24 Dec 2021.
Ceased
Hema Akshay Vani ceased to be Additional Director.
Ceased
Ian Charles Wardlaw ceased to be Additional Director.
16 earlier events are in the company report.
Frequently asked questions
Galaxy Sivtek is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 July 2006 (20+ years old) and is registered under CIN U29199MH2006PTC163096.
Galaxy Sivtek has 6 current directors:
- Richard Anthony Kay - Director
- Ian Charles Wardlaw - Director
- Hema Akshay Vani - Director
- Akshay Motilal Vani - Director
- Kenneth John Armour - Director
- Robert Joseph O Connell - Director
The latest financial statements of Galaxy Sivtek on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Galaxy Sivtek is 27AACCG6170G2ZM, registered in Maharashtra. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCG6170G1ZT (Gujarat), 33AACCG6170G1ZU (Tamil Nadu), 09AACCG6170G1ZL (Uttar Pradesh).
The CIN (Corporate Identification Number) of Galaxy Sivtek is U29199MH2006PTC163096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galaxy Sivtek has 11 court cases on record: 9 filed by the company and 2 filed against it. 2 are pending.
Galaxy Sivtek was incorporated on 14 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Galaxy Sivtek has 6 deals on record (6 funding rounds), with disclosed funding of ₹6.41 Cr; the latest was in August 2013.
Richard Anthony Kay ceased to be Additional Director on 09 Nov 2023. Richard Anthony Kay was appointed as Director on 07 Sep 2023. Resham Singh ceased to be Director on 31 May 2023. Galaxy Sivtek has 17 board changes on record in total.
Yes, Galaxy Sivtek is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0002187).
Galaxy Sivtek has 20 MSME Form 1 returns on record between 2019 and 2024, listing 1,366 overdue payments to 93 micro and small suppliers. The latest return was filed on 30 Apr 2024.