About Gallium Industries Limited
Data last updated:
Gallium Industries Limited was a public limited company based in New Delhi, Delhi, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 July 1985.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1985PLC021377. Its GSTIN is 06AAACG0108J1Z4 (Haryana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹5.65 Cr and a paid-up capital of ₹4.11 Cr. It was led by directors including Yogesh Kumar Bhatia (Managing Director) and Rajesh Meena.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 3488 Gali No. 81 Block E – 2 Molar Band Ext. Badarpur, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2016, the company reported a revenue of ₹110.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹43.81 Lakh (net margin -0.4%) and EBITDA of ₹9.02 Cr (EBITDA margin 8.2%).
The company had about 49 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹79.63 Cr and satisfied charges of ₹189 Cr on record. Court records list 51 cases involving the company, including 5 filed by the company and 46 filed against it; 4 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2016.
The last known website on record is galliumindia.com.
Company details
CIN history
Gallium Industries has one previous CIN (Corporate Identification Number): L74899DL1985PLC021377. The current CIN is U74899DL1985PLC021377, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1985PLC021377 | Current |
| L74899DL1985PLC021377 | Previous |
Contact details
Gallium Industries Limited's registered office is in New Delhi, Delhi. Its website is galliumindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3488 Gali No. 81 Block E – 2 Molar Band Ext. Badarpur, New Delhi, Delhi, India – 110044
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Gallium Industries 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
Business activity
The main business activity of Gallium Industries is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Gallium Industries Limited, buy the company report.
Financials of Gallium Industries Limited
FY 2016 filings availableGallium Industries Limited reported revenue of ₹110.51 Cr (up 168% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 168% in the latest year. EBITDA fell 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹110.51 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹9.02 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹43.81 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 8.2% | |
| Net Profit Margin | -0.4% | |
| 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 Gallium Industries Limited, buy the company report.
Board of directors of Gallium Industries Limited
Gallium Industries has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Kumar Bhatia | Managing Director | 01 Jul 1985 | 41 Years 3 Months | As last reported |
| Rajesh Meena | Director | 23 May 2014 | 12 Years 5 Months | As last reported |
| Morihiro Kusakabe Also directs: Kusakabe India Private Limited | Director | 28 Jul 2001 | 25 Years 2 Months | As last reported |
| Antara Dutta | Director | 22 Jun 2007 | 19 Years 4 Months | As last reported |
| Angshuman Dutta | Director | 06 Jul 2011 | 15 Years 3 Months | As last reported |
Auditor
Gallium Industries Limited is audited by NATHWANI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATHWANI & CO | FY 2016 | 016427N |
Shareholding
The shareholding of Gallium Industries Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gallium Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2015 | 10597903 | Others | ₹90 Lakh | Open | |
| 23 Feb 2015 | 10596932 | Yes Bank Limited | ₹90 Lakh | Open | |
| 23 Feb 2015 | 10581456 | Yes Bank Limited | ₹5 Cr | Open | |
| 13 Feb 2015 | 10554740 | Indusind Bank Ltd. | ₹7.19 Cr | Open | |
| 16 Jan 2012 | 10332755 | Small Industries Development Bank of India (Sidbi) | ₹10 Cr | Open |
To see the full charge records of Gallium Industries Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Gallium Industries Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gallium Industries Limited has 51 court cases on record: 5 filed by Gallium Industries, 46 filed against it. 4 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 39 | 3 |
| High courts | 7 | 5 | 1 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Execution petition | Filed against the company by M/S Yuken India Ltd | Pending |
| District court, West, Delhi | Court case (RCA DJ) | Filed against the company by Om Logistics Ltd.Through Its Authorized Representative Mr Vinay Kumar | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Indusind Bank Limited | Disposed |
| District court, South East, Delhi | Interim or miscellaneous application | Filed against the company by Shalimar Paints Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Pepperl and Fuchs India Pvt Ltd | Disposed |
To see the full case history of Gallium Industries 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 Gallium Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gallium Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACG0108J1Z4 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gallium Industries Limited, buy the company report.
Recent activity
Gallium Industries Limited has 20 board changes on record since 1985: 5 appointments and 15 cessations. The latest: Kiran Arora ceased to be Director on 01 Sep 2016.
62 earlier events are in the company report.
Frequently asked questions
Gallium Industries has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Gallium Industries was a public limited company based in New Delhi, Delhi, India. The company worked in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 01 July 1985 and is registered under CIN U74899DL1985PLC021377. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Gallium Industries was incorporated on 01 July 1985. It is registered with the Registrar of Companies, Delhi.
Gallium Industries had 5 directors:
- Yogesh Kumar Bhatia - Managing Director
- Rajesh Meena - Director
- Morihiro Kusakabe - Director
- Antara Dutta - Director
- Angshuman Dutta - Director
The CIN (Corporate Identification Number) of Gallium Industries is U74899DL1985PLC021377. 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 Gallium Industries is at 3488 Gali No. 81 Block E – 2 Molar Band Ext. Badarpur, New Delhi, Delhi, India – 110044.
Gallium Industries can be reached through the website galliumindia.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Gallium Industries on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Gallium Industries is 06AAACG0108J1Z4, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Gallium Industries operated in the machinery and equipment industry, in the process machinery and industrial equipment segment.