MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-26-0020533
Galaxycolors India Private Limited
Galaxycolors India Private Limited - manufacturing in Manipal, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.76 Cr
▲ 662% YoY
Net profit · FY 2024
₹29.24 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹58.94 Lakh
EBITDA margin 4.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
30
Provident fund records
About Galaxycolors India Private Limited
Data last updated:
Galaxycolors India Private Limited is a private limited company based in Manipal, Karnataka, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 06 September 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24290KA2022PTC165751. Its GSTIN is 29AAKCG0260H1ZM (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Brahmavar Raviprakash Achar and Nitin Raviprakash.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5C – 1 Shivally Industrial Area, Manipal, Karnataka, India – 576104.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.24 Lakh (net margin 2.3%) and EBITDA of ₹58.94 Lakh (EBITDA margin 4.6%).
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr on record.
Galaxycolors India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-26-0020533).
Company details
CIN U24290KA2022PTC165751
Registration Number 165751
Incorporation Date 06 September 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-KR-26-0020533
Recognitions & Rankings of Galaxycolors India
Contact details
Galaxycolors India Private Limited's registered office is in Manipal, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address5C – 1 Shivally Industrial Area, Manipal, Karnataka, India – 576104
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Galaxycolors India Private Limited, buy the company report.
Comprehensive company report
Galaxycolors India 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 Galaxycolors India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Galaxycolors India Private Limited, buy the company report.
Financials of Galaxycolors India Private Limited
FY 2025 filings availableGalaxycolors India Private Limited reported revenue of ₹12.76 Cr (up 662% YoY) for FY 2024.
Revenue · FY 2024
₹12.76 Cr ▲ 662%
Net profit · FY 2024
₹29.24 Lakh margin 2.3%
EBITDA · FY 2024
₹58.94 Lakh margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 662%
Revenue rose 662% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹58.94 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹29.24 Lakh | |
| 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.6% | |
| Net Profit Margin | 2.3% | |
| 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 | ||
To see the full financial statements and ratios of Galaxycolors India Private Limited, buy the company report.
Board of directors of Galaxycolors India Private Limited
Galaxycolors India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brahmavar Raviprakash Achar | Director | 06 Sep 2022 | 4 Years 1 Months | Current |
| Nitin Raviprakash | Director | 06 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Galaxycolors India Private Limited is audited by Venkataraja Acharya for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Venkataraja Acharya | FY 2023 | 235328 |
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100868776 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Galaxycolors India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Galaxycolors India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Galaxycolors India Private Limited has a workforce of 30 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
275%
GST
Galaxycolors India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCG0260H1ZM | Karnataka | Active | 19 Oct 2022 |
| 30AAKCG0260H1Z3 | Goa | Active | 16 Dec 2022 |
To see the full GST registrations and return filing status of Galaxycolors India Private Limited, buy the company report.
Recent activity
Galaxycolors India Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Nihal Raviprakash ceased to be Director on 28 Oct 2022.
AGM
Galaxycolors India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Galaxycolors India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100868776 was registered on 31 Oct 2023.
Ceased
Nihal Raviprakash ceased to be Director.
Appointed
Brahmavar Raviprakash Achar was appointed as Director.
Appointed
Nitin Raviprakash was appointed as Director.
Incorporation
06 Sep 2022
Galaxycolors India Private Limited was registered on 06 Sep 2022 with Roc Bangalore & aged 4 years 2 months as per MCA records.
Frequently asked questions
Galaxycolors India is an active private limited company based in Manipal, Karnataka, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 06 September 2022 (4+ years old) and is registered under CIN U24290KA2022PTC165751.
Galaxycolors India has 2 current directors:
- Brahmavar Raviprakash Achar - Director
- Nitin Raviprakash - Director
The latest financial statements of Galaxycolors India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Galaxycolors India is 29AAKCG0260H1ZM, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AAKCG0260H1Z3 (Goa).
The CIN (Corporate Identification Number) of Galaxycolors India is U24290KA2022PTC165751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galaxycolors India was incorporated on 06 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Nihal Raviprakash ceased to be Director on 28 Oct 2022. Brahmavar Raviprakash Achar was appointed as Director on 06 Sep 2022. Nitin Raviprakash was appointed as Director on 06 Sep 2022.
Yes, Galaxycolors India is registered as an MSME under Udyam registration (number: UDYAM-KR-26-0020533).
The registered office of Galaxycolors India is at 5C – 1 Shivally Industrial Area, Manipal, Karnataka, India – 576104.
Galaxycolors India operates in the manufacturing industry, in the paint and coatings segment.
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