MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0037434
Galaxy Iec India Private Limited - construction in Dombivli East, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹51.84 Cr
▲ 54% YoY
Net profit · FY 2024
₹2.01 Cr
Net margin 3.9%
EBITDA · FY 2024
₹4.27 Cr
EBITDA margin 8.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹10.34 Cr
Satisfied ₹70 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
606
Provident fund records
About Galaxy Iec India Private Limited
Data last updated:
Galaxy Iec India Private Limited is a private limited company based in Dombivli East, Maharashtra, India. It operates in the demolition and construction services segment of the construction sector. It was incorporated on 10 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2010PTC206456. Its GSTIN is 27AAECG0079L1ZE (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Vishakha Vijay Avhad and Vijay Pandharinath Avhad.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Rp 14 Road No.5 Galaxy House Sudama Nagar, Dombivli East, Maharashtra, India – 421201.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.84 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Cr (net margin 3.9%) and EBITDA of ₹4.27 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 24% over five years.
The company has about 606 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Galaxy IEC. As per MCA filings, the company has open charges of ₹10.34 Cr and satisfied charges of ₹70 Lakh on record. Court records list 54 cases involving the company, including 9 filed by the company and 45 filed against it; 14 cases are pending.
Galaxy Iec India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0037434). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website galaxyiec.com.
Company details
CIN U74140MH2010PTC206456
Registration Number 206456
Incorporation Date 10 August 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0037434
Recognitions & Rankings of Galaxy Iec India
Contact details
Galaxy Iec India Private Limited's registered office is in Dombivli East, Maharashtra. Its website is galaxyiec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRp 14 Road No.5 Galaxy House Sudama Nagar, Dombivli East, Maharashtra, India – 421201
- IndustryConstruction, Demolition & Construction Services, Electrical Services, Plumbing Services & Construction Specialties
To see the full contact details of Galaxy Iec India Private Limited, buy the company report.
Comprehensive company report
Galaxy Iec India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Galaxy Iec India operates one associated brand: Galaxy IEC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EPC services for instrumentation and electrical systems in process plants. | galaxyiec.com |
Business activity
The main business activity of Galaxy Iec India is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Galaxy Iec India Private Limited, buy the company report.
Financials of Galaxy Iec India Private Limited
FY 2024 filings availableGalaxy Iec India Private Limited reported revenue of ₹51.84 Cr (up 54% YoY) for FY 2024.
Revenue · FY 2024
₹51.84 Cr ▲ 54%
Net profit · FY 2024
₹2.01 Cr margin 3.9%
EBITDA · FY 2024
₹4.27 Cr margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 61%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 32%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 54% growth in the latest year. EBITDA fell 3% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.01 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 8.2% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Galaxy Iec India Private Limited, buy the company report.
Board of directors of Galaxy Iec India Private Limited
Galaxy Iec India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishakha Vijay Avhad | Director | 10 Aug 2010 | 16 Years 2 Months | Current |
| Vijay Pandharinath Avhad Also directs: Iec-The Earth LLP | Director | 10 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Galaxy Iec India Private Limited is audited by MOHANSHANKARMOHITE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHANSHANKARMOHITE | FY 2023 | 042865 |
Shareholding
The shareholding of Galaxy Iec India 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 Galaxy Iec India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.34 Cr
Satisfied charges
₹70 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2020 | 100357334 | Others | ₹53.95 Lakh | Open | |
| 06 May 2020 | 100335936 | Others | ₹35 Lakh | Open | |
| 29 Jun 2013 | 10441133 | Others | ₹9.45 Cr | Open | |
| 19 Dec 2011 | 10329927 | Punjab National Bank | ₹70 Lakh | Satisfied |
To see the full charge records of Galaxy Iec India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Galaxy Iec India Private Limited has 54 court cases on record: 9 filed by Galaxy Iec India, 45 filed against it. 14 cases are pending and 40 are disposed.
Total cases
54
Filed by the company
9
Filed against the company
45
Pending
14
Disposed
40
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 44 | 12 |
| High courts | 5 | 0 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Hilti India Pvt Ltd | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Elcon Cable Trays Pvt Ltd Through Its Director | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed against the company by Newtech Power Industries Pvt Ltd Through Its Representative Nayan Kanaiyalal Shukla | Pending |
| District court, Thane, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Ms Micro Pneumatics Pvt Ltd | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Gujarat Alkalies and Chemicals Ltd. | Pending |
To see the full case history of Galaxy Iec India Private 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
Galaxy Iec India Private Limited has 6 MSME Form 1 returns on record between 2017 and 2021, listing 31 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Profab Engineers Private Limited | |||
| an individual supplier | |||
| Ex-Protecta | |||
| an individual supplier | |||
| Essen Electrical Enterprise |
To see the full MSME payment records of Galaxy Iec India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Galaxy Iec India Private Limited has a workforce of 606 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
606
Active EPFO establishments
1
Employee growth
153.56%
GST
Galaxy Iec India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG0079L1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Galaxy Iec India Private Limited, buy the company report.
Recent activity
Galaxy Iec India Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Vijay Pandharinath Avhad was appointed as Director on 10 Aug 2010.
AGM
Galaxy Iec India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Galaxy Iec India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 9.45 Cr registered on 29 Jun 2013 with Charge ID 10441133 was modified on 01 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.54 Cr with Charge ID 100357334 was registered on 19 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100335936 was registered on 06 May 2020.
Charges
A charge registered on 19 Dec 2011 via Charge ID 10329927 with Punjab National Bank was fully satisfied on 23 Nov 2015.
Charges
A charge with Others amounted to Rs. 9.45 Cr with Charge ID 10441133 was registered on 29 Jun 2013.
Charges
A charge with Punjab National Bank of Rs. 0.70 Cr registered on 19 Dec 2011 with Charge ID 10329927 was modified on 11 Jan 2013.
Charges
A charge with Punjab National Bank amounted to Rs. 0.70 Cr with Charge ID 10329927 was registered on 19 Dec 2011.
Appointed
Vijay Pandharinath Avhad was appointed as Director.
Appointed
Vishakha Vijay Avhad was appointed as Director.
Incorporation
10 Aug 2010
Galaxy Iec India Private Limited was registered on 10 Aug 2010 with Roc Mumbai & aged 16 years 2 months as per MCA records.
Frequently asked questions
Galaxy Iec India is an active private limited company based in Dombivli East, Maharashtra, India. The company works in demolition and construction services, within the construction industry. It was incorporated on 10 August 2010 (16+ years old) and is registered under CIN U74140MH2010PTC206456.
Galaxy Iec India has 2 current directors:
- Vishakha Vijay Avhad - Director
- Vijay Pandharinath Avhad - Director
The latest financial statements of Galaxy Iec India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Galaxy Iec India is 27AAECG0079L1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Galaxy Iec India is U74140MH2010PTC206456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galaxy Iec India has 54 court cases on record: 9 filed by the company and 45 filed against it. 14 are pending. Most are in the district courts.
Galaxy Iec India was incorporated on 10 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Vijay Pandharinath Avhad was appointed as Director on 10 Aug 2010. Vishakha Vijay Avhad was appointed as Director on 10 Aug 2010.
Yes, Galaxy Iec India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0037434).
Galaxy Iec India has 6 MSME Form 1 returns on record between 2017 and 2021, listing 31 overdue payments to 11 micro and small suppliers. The latest return was filed on 13 May 2021.
Galaxy Iec India can be reached through the website galaxyiec.com. Its registered office is in Dombivli East, Maharashtra, India.