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Galileo Innovations Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.4 Lakh
Latest filing
Net loss · FY 2023
₹1.49 Cr
Latest filing
EBITDA · FY 2023
-₹1.43 Cr
Latest filing
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹4.5 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Galileo Innovations Private Limited
Data last updated:
Galileo Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72501KA2019PTC122310. Its GSTIN is 29AAHCG7263R1ZN (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Murigesh Gavisiddappa Javali and Adetee.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Eg – 02 Ground Floor Sunrise Chambers Ulsoor Road Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.4 Lakh. For the same year it recorded a net loss of ₹1.49 Cr and EBITDA of -₹1.43 Cr.
The company is associated with 1 brand: Gipl India. As per MCA filings, the company has open charges of ₹4.5 Cr on record.
Galileo Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0023965). For more details, the company can be reached via its website gipl-india.com.
Company details
CIN U72501KA2019PTC122310
Registration Number 122310
Incorporation Date 12 March 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0023965
Recognitions & Rankings of Galileo Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0023965
Contact details
Galileo Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is gipl-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEg – 02 Ground Floor Sunrise Chambers Ulsoor Road Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Galileo Innovations Private Limited, buy the company report.
Comprehensive company report
Galileo Innovations 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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Brands
Galileo Innovations operates one associated brand: Gipl India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality, diversified industrial automation products. | gipl-india.com |
Financials of Galileo Innovations Private Limited
FY 2024 filings availableGalileo Innovations Private Limited reported revenue of ₹11.4 Lakh for FY 2023.
Revenue · FY 2023
₹11.4 Lakh
Net loss · FY 2023
₹1.49 Cr
EBITDA · FY 2023
-₹1.43 Cr
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹11.4 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.49 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Galileo Innovations Private Limited, buy the company report.
Board of directors of Galileo Innovations Private Limited
Galileo Innovations has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murigesh Gavisiddappa Javali | Director | 12 Mar 2019 | 7 Years 7 Months | Current |
| Adetee Also directs: G World of Wood Private Limited, G Loukya Global Capital Private Limited, Alphazoid Technologies Private Limited and 1 more | Director | 29 Sep 2024 | 2 Years 1 Months | Current |
| Krishnamurthy Mannju Also directs: G World of Wood Private Limited, G-Manumac Engineering Private Limited, Glarge Hennur 1 Private Limited and 5 more | Director | 12 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Galileo Innovations Private Limited is audited by JIJI MON K V for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIJI MON K V | FY 2023 | 217592 |
Shareholding
The shareholding of Galileo Innovations Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Galileo Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2023 | 100682963 | State Bank of India | ₹4.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Galileo Innovations 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 Galileo Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galileo Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG7263R1ZN | Karnataka | Active | 24 Jul 2019 |
To see the full GST registrations and return filing status of Galileo Innovations Private Limited, buy the company report.
Recent activity
Galileo Innovations Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Adetee was appointed as Director on 29 Sep 2024.
AGM
Galileo Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Adetee was appointed as Director.
Ceased
Adetee ceased to be Additional Director.
Filing
Galileo Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 4.50 Cr with Charge ID 100682963 was registered on 27 Feb 2023.
Ceased
Vaibhav Prakash ceased to be Director.
Appointed
Krishnamurthy Mannju was appointed as Director.
Appointed
Murigesh Gavisiddappa Javali was appointed as Director.
Incorporation
12 Mar 2019
Galileo Innovations Private Limited was registered on 12 Mar 2019 with Roc Bangalore & aged 7 years 8 months as per MCA records.
Frequently asked questions
Galileo Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 March 2019 (7+ years old) and is registered under CIN U72501KA2019PTC122310.
Galileo Innovations has 3 current directors:
- Murigesh Gavisiddappa Javali - Director
- Adetee - Director
- Krishnamurthy Mannju - Director
The latest financial statements of Galileo Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Galileo Innovations is 29AAHCG7263R1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Galileo Innovations is U72501KA2019PTC122310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galileo Innovations was incorporated on 12 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Adetee was appointed as Director on 29 Sep 2024. Adetee ceased to be Additional Director on 29 Sep 2024. Vaibhav Prakash ceased to be Director on 12 Oct 2022. Galileo Innovations has 5 board changes on record in total.
Yes, Galileo Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Galileo Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0023965).
Galileo Innovations can be reached through the website gipl-india.com. Its registered office is in Bangalore, Karnataka, India.
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