About Galt Entertainment Private Limited
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Galt Entertainment Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the entertainment sector. It was incorporated on 14 July 2010.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U92412KA2010PTC054481. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Swathi Padmanabhan and Sucharitha.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.818 80 Feet Road 8th Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2017, the company reported a revenue of ₹12.88 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹7.97 Lakh (net margin 61.8%) and EBITDA of ₹7.97 Lakh (EBITDA margin 61.9%).
The last known website on record is iamgame.in.
Company details
Contact details
Galt Entertainment Private Limited's registered office is in Bangalore, Karnataka. Its website is iamgame.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.818 80 Feet Road 8th Block Koramangala, Bangalore, Karnataka, India – 560095
- IndustryEntertainment, Entertainment
To see the full contact details of Galt Entertainment 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
Business activity
The main business activity of Galt Entertainment is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
Financials of Galt Entertainment Private Limited
FY 2017 filings availableGalt Entertainment Private Limited reported revenue of ₹12.88 Lakh (down 80% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 80% in the latest year. EBITDA fell 55% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹12.88 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹7.97 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹7.97 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 61.9% | ||
| Net Profit Margin | 61.8% | ||
| 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 Galt Entertainment Private Limited, buy the company report.
Board of directors of Galt Entertainment Private Limited
Galt Entertainment 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 |
|---|---|---|---|---|
| Swathi Padmanabhan | Director | 14 Jul 2010 | 16 Years 3 Months | As last reported |
| Sucharitha | Director | 20 Sep 2016 | 10 Years 1 Months | As last reported |
Auditor
Galt Entertainment Private Limited is audited by Ashraf Sharmila & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashraf Sharmila & Associates | FY 2017 | 009847S |
Shareholding
The shareholding of Galt Entertainment Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Galt Entertainment Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Galt Entertainment 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 Galt Entertainment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Galt Entertainment has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Galt Entertainment Private Limited, buy the company report.
Recent activity
Galt Entertainment Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Sucharitha ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Galt Entertainment has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Galt Entertainment was a private limited company based in Bangalore, Karnataka, India. The company worked in the entertainment industry. It was incorporated on 14 July 2010 and is registered under CIN U92412KA2010PTC054481. The company has been struck off by the Registrar of Companies and is no longer operational.
Galt Entertainment had 2 directors:
- Swathi Padmanabhan - Director
- Sucharitha - Director
The CIN (Corporate Identification Number) of Galt Entertainment is U92412KA2010PTC054481. 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 Galt Entertainment is at No.818 80 Feet Road 8th Block Koramangala, Bangalore, Karnataka, India – 560095.
Galt Entertainment was incorporated on 14 July 2010. It is registered with the Registrar of Companies, Bangalore.
Galt Entertainment can be reached through the website iamgame.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Galt Entertainment on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Galt Entertainment has 2 GST registrations on record and all of them are cancelled or inactive.
Galt Entertainment operated in the entertainment industry. It worked in this industry before it was struck off.
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