Galore Networks Private Limited - Company Profile

It is a telecom private limited company based in Bangalore, Karnataka, India, established in 2013.
2013 Bangalore, Karnataka, India Active
Last Updated:
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About Galore Networks Private Limited

Galore Networks Private Limited, a active private limited company, was established on 12 November 2013 in Bangalore, Karnataka, India. Engaging in telecom network support within the information and communication sector, it holds CIN: U72200KA2013PTC071826. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹3.09 Cr.

Formerly known as Galore Networks India Private Limited. It upholds a compliant status. Employing 156 professional, Its leadership includes Malayappan Raju (Managing Director), Balaji Kulothungan (Director), Vibhuti Shankar (Director). Past directors included Malayappan Raju, Balaji Kulothungan. It holds ₹9.60 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at #57 13Th Cross,Gajendra Nagar Baldwin Road, Bangalore, Karnataka, 560030.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200KA2013PTC071826

  • Registration Number

    071826

  • Incorporation Date

    12 November 2013

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹3.09 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.09 Cr
  • Company Age 12 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.60 Cr
  • Revenue Growth **** 8.10%
  • Profit Growth **** 41.01%
  • Ebitda **** 3.27%
  • Net Worth 6.98%
  • Total Assets **** 47.05%
Company report

Galore Networks Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Galore Networks Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Galore Networks Private Limited?
Current Directors
Name Designation Appointment Date Status
Malayappan Raju Managing Director 12 Nov 2013 Current
Balaji Kulothungan Director 12 Nov 2013 Current
Vibhuti Shankar Director 01 Feb 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 17 Jan 2022 Past
Pramod Abcsdd Managing Director 17 Jan 2022 Past

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Financial Performance of Galore Networks.

Galore Networks Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 8.1% increase. The company also saw a substantial improvement in profitability, with a 41.01% increase in profit. The company's net worth moved up by a moderate rise of 6.98%.

Galore Networks revenue growth over time
Galore Networks profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 8.10%
*******
*******
*******
*******
Revenue from Operations
*******
 8.10%
*******
*******
*******
*******
Total Assets
*******
 47.05%
*******
*******
*******
*******
Profit or Loss
*******
 41.01%
*******
*******
*******
*******
Net Worth
*******
 6.98%
*******
*******
*******
*******
EBITDA
*******
 3.27%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Galore Networks?

In 2021, Galore Networks had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹96,020,950.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 8.35 Cr
  • Hdfc Bank Limited : 1.25 Cr
Latest Charge Details
Date Lender Amount Status
21 Jan 2022 Hdfc Bank Limited ₹1.10 Cr Open
13 Oct 2020 Hdfc Bank Limited ₹1.52 M Open
21 Feb 2017 Others ₹8.35 Cr Open

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How Many Employees Work at Galore Networks?

Galore Networks has a workforce of 156 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Galore Networks, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Galore Networks's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Galore Networks
Recent Activity within the Organization
  • Director Appointment

    Progress on Vibhuti Shankar was appointed as a Director was appointed as a Director on 01 Feb 2024 & has been associated with this company since 2 years 11 days . was documented.

  • Annual General Meeting

    The activity Galore Networks Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Galore Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100545027 was registered on 21 Jan 2022. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100407192 was registered on 13 Oct 2020. was completed.

  • Charges

    A charge with Others of Rs. 8.35 Cr registered on 21 Feb 2017 with Charge ID 100098524 was modified on 25 Mar 2019. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Galore Networks Private Limited?

The CIN of Galore Networks Private Limited is U72200KA2013PTC071826.

Where is Galore Networks Private Limited headquartered?

Galore Networks Private Limited is headquartered at #57 13Th Cross,Gajendra Nagar Baldwin Road, Bangalore, Karnataka, 560030.

When was Galore Networks Private Limited incorporated?

Galore Networks Private Limited was incorporated on 12 November 2013.

Who are the current directors of Galore Networks Private Limited?

The current directors of Galore Networks Private Limited are

What is the primary industry of Galore Networks Private Limited?

The primary industry of Galore Networks Private Limited is Information And Communication.

Is Galore Networks Private Limited a listed company?

Galore Networks Private Limited is unlisted.

What is the capital structure of Galore Networks Private Limited?

The authorized capital of Galore Networks Private Limited is ₹10.00 Cr, and the paid-up capital is ₹3.09 Cr.

What is the compliance status of Galore Networks Private Limited?

The compliance status of Galore Networks Private Limited is Compliant.

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