About Galiakotwala Technologies Private Limited
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Galiakotwala Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 06 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1996PTC103804. Its GSTIN is 27AABCG2147A1Z7 (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹7.3 Lakh. It is led by directors Payal Sushant Sheth and Sushant Narendra Sheth.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 66 Maker Chamber 111 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.34 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net loss of ₹24.74 Lakh (net margin -18.5%) and EBITDA of -₹22.31 Lakh (EBITDA margin -16.7%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 21% over five years.
The company is associated with 1 brand: Galiakotwala. As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website galiakotwala.co.in.
Company details
Contact details
Galiakotwala Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is galiakotwala.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address66 Maker Chamber 111 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Galiakotwala Technologies Private Limited, buy the company report.
- 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
Brands
Galiakotwala Technologies operates one associated brand: Galiakotwala. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Telecom, information technology, and multimedia services in India. | galiakotwala.co.in |
Business activity
The main business activity of Galiakotwala Technologies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Galiakotwala Technologies Private Limited, buy the company report.
Financials of Galiakotwala Technologies Private Limited
FY 2020 filings availableGaliakotwala Technologies Private Limited reported revenue of ₹1.34 Cr (up 44% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 44% growth in the latest year. EBITDA rose 60% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹1.34 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹22.31 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹24.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.7% | ||||
| Net Profit Margin | -18.5% | ||||
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To see the full financial statements and ratios of Galiakotwala Technologies Private Limited, buy the company report.
Board of directors of Galiakotwala Technologies Private Limited
Galiakotwala Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Sushant Sheth Also directs: Sundeep Technologies Private Limited | Director | 07 Sep 2015 | 11 Years 1 Months | Current |
| Sushant Narendra Sheth | Director | 06 Nov 1996 | 29 Years 11 Months | Current |
Auditor
Galiakotwala Technologies Private Limited is audited by S H N & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S H N & ASSOCIATES | FY 2020 | 143769W |
Shareholding
The shareholding of Galiakotwala Technologies Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Galiakotwala Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2007 | 10049903 | Kotak Mahindra Bank Limited | ₹2 Cr | Open | |
| 07 Oct 2004 | 90145445 | Bank of Punjab Ltd. | ₹50 Lakh | Open |
To see the full charge records of Galiakotwala Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Galiakotwala Technologies Private Limited has 1 court case on record: 1 filed by Galiakotwala Technologies. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Ms. Foresight Impex Pvt. Ltd. Ors. | Disposed |
To see the full case history of Galiakotwala Technologies 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 Galiakotwala Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galiakotwala Technologies has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG2147A1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Galiakotwala Technologies Private Limited, buy the company report.
Recent activity
Galiakotwala Technologies Private Limited has 4 board changes on record since 1996: 2 appointments and 2 cessations. The latest: Payal Sushant Sheth ceased to be Additional Director on 09 Sep 2015.
Frequently asked questions
Galiakotwala Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 06 November 1996 (30+ years old) and is registered under CIN U74210MH1996PTC103804.
Galiakotwala Technologies has 2 current directors:
- Payal Sushant Sheth - Director
- Sushant Narendra Sheth - Director
The latest financial statements of Galiakotwala Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Galiakotwala Technologies is 27AABCG2147A1Z7, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Galiakotwala Technologies is U74210MH1996PTC103804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galiakotwala Technologies has 1 court case on record: 1 filed by the company.
Galiakotwala Technologies was incorporated on 06 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Payal Sushant Sheth ceased to be Additional Director on 09 Sep 2015. Manish Narendra Sheth ceased to be Director on 07 Sep 2015. Payal Sushant Sheth was appointed as Director on 07 Sep 2015. Galiakotwala Technologies has 4 board changes on record in total.
Galiakotwala Technologies can be reached through the website galiakotwala.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Galiakotwala Technologies is at 66 Maker Chamber 111 Nariman Point, Mumbai, Maharashtra, India – 400021.