Galaxy Specs Pvt Ltd - consumer goods in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U25200MH1986PTC041553 Incorporated 12 November 1986 ROC Mumbai HQ Mumbai, Maharashtra, India
Struck Off Private Limited Company consumer goods
Data last updated
Revenue · FY 2019
₹2.19 Lakh
▼ 71% YoY
Net loss · FY 2019
₹2,133
Net margin -1%
EBITDA · FY 2019
-₹2,133
EBITDA margin -1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.5 Lakh
Secured borrowings
Company age
40 yrs
Est. 1986
Directors on board
3
As per MCA filings

About Galaxy Specs Pvt Ltd

Data last updated:

Galaxy Specs Pvt Ltd was a private limited company based in Mumbai, Maharashtra, 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 accessories retail and distribution segment of the consumer goods sector. It was incorporated on 12 November 1986.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1986PTC041553. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Hemal Viral Shah and Devyani Poojara Bharat.

Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 24B Yusuf Building 41/43 M G Road Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2019, the company reported a revenue of ₹2.19 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹2,133 (net margin -1%) and EBITDA of -₹2,133 (EBITDA margin -1%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years.

As per MCA filings, the company had open charges of ₹7.5 Lakh on record.

Company Details of Galaxy Specs Pvt Ltd
CIN U25200MH1986PTC041553
Registration Number 041553
Incorporation Date 12 November 1986
ROC Mumbai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 28 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    24B Yusuf Building 41/43 M G Road Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Consumer Goods, Accessories Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Galaxy Specs Pvt Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Galaxy Specs Pvt Ltd

The main business activity of Galaxy Specs is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Galaxy Specs Pvt Ltd FY 2019 filings available

Galaxy Specs Pvt Ltd reported revenue of ₹2.19 Lakh (down 71% YoY) for FY 2019.

Revenue · FY 2019
₹2.19 Lakh ▼ 71%
Net loss · FY 2019
₹2,133 margin -1%
EBITDA · FY 2019
-₹2,133 margin -1%

Compounded Annual Growth Rate (CAGR) of Galaxy Specs Pvt Ltd

Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 46%
EBITDA CAGR growth
1 year
▼ 117%
3 years · compounded
▲ 49%

Revenue has declined at a compounded annual rate (CAGR) of 46% over three years, including a 71% fall in the latest year. EBITDA fell 117% 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 of Galaxy Specs Pvt Ltd

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹2,133••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹2,133••••••••••••••••
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 of Galaxy Specs Pvt Ltd

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-1%••••••••••••••••
Net Profit Margin-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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Galaxy Specs are in the company report.

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Financial statements from 2015

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Peer Comparison of Galaxy Specs Pvt Ltd

Galaxy Specs Pvt Ltd is compared with the companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rhythm Merchandise Private Limited₹2.28 Lakh (FY 2025)••••••••2178.0%••••Mumbai, Maharashtra, India
Alameth Direct Selling Private Limited₹2.28 Lakh (FY 2025)••••••••-97.0%••••Delhi, India
Aastha Opticals Private Limited₹2.27 Lakh (FY 2025)••••••••••••New Delhi, Delhi, India
Vijaya Concepts Private Limited₹2.27 Lakh (FY 2024)••••••••5.0%••••Karnal, Haryana, India
Sethukarai Kalasam Farmers Producer Company Limited₹2.23 Lakh (FY 2025)••••••••-72.0%••••Ramanathapuram, Tamil Nadu, India
Galaxy Specs Pvt Ltd this company₹2.19 Lakh (FY 2019)••••••••-71.0%••••Mumbai, Maharashtra, India
Ivr Institute of Vision and Research Private Limited₹2.18 Lakh (FY 2022)••••••••199.0%••••Hyderabad, Telangana, India
Dynamic Creation (India) Private Limited₹2.17 Lakh (FY 2019)••••••••-98.0%••••New Delhi, Delhi, India
Ratan Exports and Industries Limited₹2.09 Lakh (FY 2025)••••••••6.0%••••New Delhi, Delhi, India
Ima Enterprises Private Limited₹2.07 Lakh (FY 2016)••••••••-97.0%••••Delhi, India
Suryoday Umbrella Private Limited₹2.07 Lakh (FY 2018)••••••••-28.0%••••Kolkata, West Bengal, India

Peers are the five companies nearest above and the five nearest below Galaxy Specs by revenue in the Consumer Products industry (Accessories Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Galaxy Specs Pvt Ltd

Galaxy Specs Pvt Ltd is audited by M.A. Parikh & Co. for the financial year 2017.

NameStatusAppointment DateCessation Date
M.A. Parikh & Co.LockedLockedLocked
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Board of Directors of Galaxy Specs Pvt Ltd

Galaxy Specs has 3 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Hemal Viral ShahDirector12 Nov 198639 Years 10 MonthsAs last reported
Devyani Poojara BharatDirector12 Nov 198639 Years 10 MonthsAs last reported
Bharat Poojara ShantilalDirector12 Nov 198639 Years 10 MonthsAs last reported

Ownership and Shareholding of Galaxy Specs Pvt Ltd

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Charges & Borrowings of Galaxy Specs Pvt Ltd

Open charges
₹7.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Bank of Baroda₹0.08 Cr
Latest charge details
DateLenderAmountStatus
21 Jul 1982Bank of Baroda₹7.5 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Galaxy Specs Pvt Ltd

Employment history and EPFO contributions of people linked to Galaxy Specs.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Galaxy Specs Pvt Ltd

Galaxy Specs Pvt Ltd has 3 board changes on record since 1986: 3 appointments. The latest: Bharat Poojara Shantilal was appointed as Director on 12 Nov 1986.

AGM
Galaxy Specs Pvt Ltd last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.
Filing
Galaxy Specs Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Appointed
Bharat Poojara Shantilal was appointed as Director.
Appointed
Devyani Poojara Bharat was appointed as Director.
Appointed
Hemal Viral Shah was appointed as Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 7.50 Lakh with Charge ID 90220972 was registered on 21 Jul 1982.
Incorporation
12 Nov 1986
Galaxy Specs Pvt Ltd was registered on 12 Nov 1986 with Roc Mumbai & aged 39 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Galaxy Specs Pvt Ltd

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MSME Payment Delays by Galaxy Specs Pvt Ltd

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Subsidiaries & Group Companies of Galaxy Specs Pvt Ltd

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GST Compliance of Galaxy Specs Pvt Ltd

Galaxy Specs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Galaxy Specs Pvt Ltd

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Frequently Asked Questions about Galaxy Specs Pvt Ltd

Galaxy Specs 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 Specs was a private limited company based in Mumbai, Maharashtra, India. The company worked in accessories retail and distribution, within the consumer goods industry. It was incorporated on 12 November 1986 and is registered under CIN U25200MH1986PTC041553. The company has been struck off by the Registrar of Companies and is no longer operational.

Galaxy Specs had 3 directors:

The CIN (Corporate Identification Number) of Galaxy Specs is U25200MH1986PTC041553. 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 Specs is at 24B Yusuf Building 4143 M G Road Fort, Mumbai, Maharashtra, India – 400001.

Galaxy Specs was incorporated on 12 November 1986. It is registered with the Registrar of Companies, Mumbai.

Galaxy Specs reported revenue of ₹2.19 Lakh for FY 2019 (down 71% YoY).

Galaxy Specs has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.

Galaxy Specs reported a net loss of ₹2,133 (net margin -1%) and EBITDA of -₹2,133 (EBITDA margin -1%) for FY 2019, as per its filed financial statements.

No. Galaxy Specs has 1 GST registration on record and it is cancelled or inactive.

Galaxy Specs operated in the consumer goods industry, in the accessories retail and distribution segment. It worked in this industry before it was struck off.

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