Galiot Systems Private Limited
About Galiot Systems Private Limited
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Galiot Systems Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Cognito Networks Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC124514. Its GSTIN is 29AAHCG8295K1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dommasandra Mallikarjuna Gowri Shankar and Jagadishchandra Sarnaik.
Its last annual general meeting (AGM) was held on 25 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.394 13th Cross 1st Floor (Above Syndicate Bank) Sadashiva Nagar, Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2021, the company reported a revenue of ₹11.36 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹15.4 Lakh (net margin -135.5%) and EBITDA of -₹15.4 Lakh (EBITDA margin -135.5%).
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- Registered AddressNo.394 13th Cross 1st Floor (Above Syndicate Bank) Sadashiva Nagar, Bangalore, Karnataka, India – 560080
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Galiot Systems Private Limited
The main business activity of Galiot Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Galiot Systems Private Limited FY 2021 filings available
Galiot Systems Private Limited reported revenue of ₹11.36 Lakh (down 44% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Galiot Systems Private Limited
Revenue fell 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Galiot Systems Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| 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 | -₹15.4 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹15.4 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 of Galiot Systems Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -135.5% | •••• |
| Net Profit Margin | -135.5% | •••• |
| 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 Galiot Systems are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Galiot Systems Private Limited
Galiot Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Explico Consulting Private Limited | ₹11.37 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Delhi, India |
| Synomosiya Engineers and Consultants Private Limited | ₹11.37 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Plawal, Haryana, India |
| Vidhata Resource Development Services Private Limited | ₹11.37 Lakh (FY 2022) | •••• | •••• | 35.0% | •••• | Thane, Maharashtra, India |
| Mohan Lal & Sons (1983) Pvt Ltd | ₹11.37 Lakh (FY 2025) | •••• | •••• | 269.0% | •••• | Kolkata, West Bengal, India |
| Flystacks Infotech Private Limited | ₹11.37 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Delhi, India |
| Galiot Systems Private Limited this company | ₹11.36 Lakh (FY 2021) | •••• | •••• | -44.0% | •••• | Bangalore, Karnataka, India |
| Oss Placement Private Limited | ₹11.36 Lakh (FY 2024) | •••• | •••• | •••• | Odisha, India | |
| R V Com and Business Private Limited | ₹11.36 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Ahmedabad, Gujarat, India |
| Primetech Medica Private Limited | ₹11.36 Lakh (FY 2023) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Benedictory Health Care Private Limited | ₹11.36 Lakh (FY 2019) | •••• | •••• | •••• | Ranchi, Jharkhand, India | |
| Kmednet Services Private Limited | ₹11.36 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Galiot Systems by revenue in the same principal business activity (Other professional, scientific and technical activities), 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 Galiot Systems Private Limited
Galiot Systems Private Limited is audited by VISHNU AND ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHNU AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Galiot Systems Private Limited
Galiot Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dommasandra Mallikarjuna Gowri Shankar | Director | 13 Mar 2020 | 6 Years 6 Months | Current |
| Jagadishchandra Sarnaik Also directs: Optaiot Private Limited | Director | 22 May 2019 | 7 Years 4 Months | Current |
| Kittur Venkatanarayana Nagesh | Director | 22 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Galiot Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Galiot Systems Private Limited
Galiot Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Galiot Systems Private Limited
Employment history and EPFO contributions of people linked to Galiot Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Galiot Systems Private Limited
Galiot Systems Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Dommasandra Mallikarjuna Gowri Shankar was appointed as Director on 13 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for Galiot Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Galiot Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Galiot Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Galiot Systems Private Limited
Galiot Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG8295K1ZR | Karnataka | Active | 10 Jun 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Galiot Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Galiot Systems Private Limited
Galiot Systems is an active foreign 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 22 May 2019 (7+ years old) and is registered under CIN U72900KA2019FTC124514.
Galiot Systems reported revenue of ₹11.36 Lakh for FY 2021 (down 44% YoY).
Galiot Systems has 3 current directors:
- Dommasandra Mallikarjuna Gowri Shankar - Director
- Jagadishchandra Sarnaik - Director
- Kittur Venkatanarayana Nagesh - Director
Galiot Systems reported a net loss of ₹15.4 Lakh (net margin -135.5%) and EBITDA of -₹15.4 Lakh (EBITDA margin -135.5%) for FY 2021, as per its filed financial statements.
The GSTIN of Galiot Systems is 29AAHCG8295K1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Galiot Systems is U72900KA2019FTC124514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galiot Systems was incorporated on 22 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Galiot Systems by revenue are Explico Consulting Private Limited, Synomosiya Engineers and Consultants Private Limited, Vidhata Resource Development Services Private Limited, Mohan Lal & Sons (1983) Pvt Ltd, Flystacks Infotech Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Dommasandra Mallikarjuna Gowri Shankar was appointed as Director on 13 Mar 2020. Suman ceased to be Director on 13 Mar 2020. Ragu Raghuram ceased to be Director on 27 Feb 2020. Galiot Systems has 5 board changes on record in total.
The registered office of Galiot Systems is at No.394 13th Cross 1st Floor Above Syndicate Bank Sadashiva Nagar, Bangalore, Karnataka, India – 560080.
Galiot Systems has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.