MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0008605
Galvano Track Solutions Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹44.2 Cr
▼ 17% YoY
Net profit · FY 2024
₹3.3 Cr
Net margin 7.5%
EBITDA · FY 2024
₹7.22 Cr
EBITDA margin 16.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹22.2 Lakh
Issued & subscribed
Open charges
₹19.54 Cr
Satisfied ₹7.8 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
80
Provident fund records
About Galvano Track Solutions Private Limited
Data last updated:
Galvano Track Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 02 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27320KA2008PTC046278. Its GSTIN is 29AADCG1681P1Z1 (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹22.2 Lakh. It is led by directors including Kudarikoti Siddalingeshwar Swami and Sridhar Balaram.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at # 148/A Industrial Suburb 1st Stage Yeshwanthpur, Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.2 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹3.3 Cr (net margin 7.5%) and EBITDA of ₹7.22 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 4% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.54 Cr and satisfied charges of ₹7.8 Cr on record.
Galvano Track Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0008605). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website galvano.in.
Company details
CIN U27320KA2008PTC046278
Registration Number 046278
Incorporation Date 02 May 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0008605
Key People
Kudarikoti Siddalingeshwar Swami Director Sridhar Balaram Director Chitra Krishnasamy Director Recognitions & Rankings of Galvano Track Solutions
Contact details
Galvano Track Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is galvano.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 148/A Industrial Suburb 1st Stage Yeshwanthpur, Bangalore, Karnataka, India – 560022
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Galvano Track Solutions Private Limited, buy the company report.
Comprehensive company report
Galvano Track Solutions 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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Business activity
The main business activity of Galvano Track Solutions 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 Galvano Track Solutions Private Limited, buy the company report.
Financials of Galvano Track Solutions Private Limited
FY 2025 filings availableGalvano Track Solutions Private Limited reported revenue of ₹44.2 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹44.2 Cr ▼ 17%
Net profit · FY 2024
₹3.3 Cr margin 7.5%
EBITDA · FY 2024
₹7.22 Cr margin 16.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 22%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 45%
5 years · compounded
▲ 23%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.3 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | 7.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Galvano Track Solutions Private Limited, buy the company report.
Board of directors of Galvano Track Solutions Private Limited
Galvano Track Solutions has 4 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 |
|---|---|---|---|---|
| Kudarikoti Siddalingeshwar Swami Also directs: Cast Craft Private Limited, Galvano Centricast Private Limited, Pratavas Engineering Solutions LLP and 2 more | Director | 02 May 2008 | 18 Years 5 Months | Current |
| Sridhar Balaram Also directs: Alliage Metal Castings Private Limited, Cast Craft Private Limited, Galvano Centricast Private Limited and 5 more | Director | 02 May 2008 | 18 Years 5 Months | Current |
| Chitra Krishnasamy | Director | 02 May 2008 | 18 Years 5 Months | Current |
| Sanjeev Suresh Nadkarni Also directs: Alliage Metal Castings Private Limited, Cast Craft Private Limited, Galvano Centricast Private Limited and 1 more | Director | 02 May 2008 | 18 Years 5 Months | Current |
Auditor
Galvano Track Solutions Private Limited is audited by Balakrishna and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Balakrishna and Co | FY 2023 | 004835S |
Shareholding
The shareholding of Galvano Track Solutions Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Galvano Track Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.54 Cr
Satisfied charges
₹7.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2024 | 101017522 | Canara Bank | ₹3.92 Cr | Open | |
| 29 May 2024 | 100936223 | Axis Bank Limited | ₹48.72 Lakh | Open | |
| 16 Nov 2023 | 100826773 | Canara Bank | ₹1.06 Cr | Open | |
| 22 May 2023 | 100826446 | Axis Bank Limited | ₹58.96 Lakh | Open | |
| 12 Apr 2019 | 100257978 | Others | ₹28 Lakh | Open |
To see the full charge records of Galvano Track Solutions Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
No court or tribunal cases involving Galvano Track Solutions 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 Galvano Track Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Galvano Track Solutions Private Limited has a workforce of 80 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
80
Active EPFO establishments
1
Employee growth
-2.44%
GST
Galvano Track Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCG1681P1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Galvano Track Solutions Private Limited, buy the company report.
Recent activity
Galvano Track Solutions Private Limited has 6 board changes on record since 2008: 4 appointments and 2 cessations. The latest: Shivanandaiah Basavanakatti Math ceased to be Director on 26 Aug 2019.
AGM
Galvano Track Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Galvano Track Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 3.92 Cr with Charge ID 101017522 was registered on 30 Nov 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.49 Cr with Charge ID 100936223 was registered on 29 May 2024.
Charges
A charge with Canara Bank amounted to Rs. 1.06 Cr with Charge ID 100826773 was registered on 16 Nov 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.59 Cr with Charge ID 100826446 was registered on 22 May 2023.
Charges
A charge with Canara Bank of Rs. 11.30 Cr registered on 30 Jun 2015 with Charge ID 10579340 was modified on 23 Mar 2022.
Ceased
Shivanandaiah Basavanakatti Math ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100257978 was registered on 12 Apr 2019.
Charges
A charge with Others amounted to Rs. 1.28 Cr with Charge ID 100246462 was registered on 01 Mar 2019.
Charges
A charge with Others amounted to Rs. 0.63 Cr with Charge ID 100238825 was registered on 25 Jan 2019.
Charges
A charge registered on 17 Jun 2011 via Charge ID 10300817 with The Karnataka State Cooperative Apex Bank Ltd. was fully satisfied on 28 Jun 2018.
14 earlier events are in the company report.
Frequently asked questions
Galvano Track Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 02 May 2008 (18+ years old) and is registered under CIN U27320KA2008PTC046278.
Galvano Track Solutions has 4 current directors:
- Kudarikoti Siddalingeshwar Swami - Director
- Sridhar Balaram - Director
- Chitra Krishnasamy - Director
- Sanjeev Suresh Nadkarni - Director
The latest financial statements of Galvano Track Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Galvano Track Solutions is 29AADCG1681P1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Galvano Track Solutions is U27320KA2008PTC046278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galvano Track Solutions was incorporated on 02 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Shivanandaiah Basavanakatti Math ceased to be Director on 26 Aug 2019. Basavanakatti Math Kalpana ceased to be Director on 16 Jun 2008. Chitra Krishnasamy was appointed as Director on 02 May 2008. Galvano Track Solutions has 6 board changes on record in total.
Yes, Galvano Track Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0008605).
Galvano Track Solutions can be reached through the website galvano.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Galvano Track Solutions is at # 148A Industrial Suburb 1st Stage Yeshwanthpur, Bangalore, Karnataka, India – 560022.
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