Istar Skill Development Profile
Key Indicators
- Authorised Capital ₹ 16.84 Cr
- Paid Up Capital ₹ 16.47 Cr
- Company Age 15 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 22.25 Cr
- Revenue Growth 31.62%
- Profit Growth 26.89%
- Ebitda 23.09%
- Net Worth -36.54%
- Total Assets -38.43%
About Istar Skill Development
Istar Skill Development Private Limited (ISDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 December 2009 and has a history of 15 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Education Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 16.84 Cr and a paid-up capital of Rs 16.47 Cr.
The company has closed loans amounting to ₹22.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Istar Skill Development Private Limited India is Sneha Jalan as COMPANY SECRETARY. Sreeraman Vaidyanathan, Surga Ezhavappadi, and Shailesh Lakhani serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74910KA2009PTC051779
- Company No.
051779
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Dec 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Education
Istar Skill Development Private Limited
Explore comprehensive data for Istar Skill Development Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Istar Skill Development?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sneha Jalan | Company Secretary | 24-Apr-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sreeraman Vaidyanathan  | Director | 08-Dec-2009 | Current |
Shailesh Lakhani  | Nominee Director | 31-Jan-2020 | Current |
| Surga Ezhavappadi | Director | 08-Dec-2009 | Current |
Financial Performance of Istar Skill Development.
Istar Skill Development Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.62% increase. The company also saw a substantial improvement in profitability, with a 26.89% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Istar Skill Development?
In 2023, Istar Skill Development had a promoter holding of 96.24% and a public holding of 3.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Peak Xv Partners Advisors Private LimitedShailesh Lakhani is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹22.25 Cr
Charges Breakdown by Lending Institutions
- Others : 20.25 Cr
- Dena Bank : 1.00 Cr
- National Skill Development Corporation : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2021 | Others | ₹10.00 Cr | Satisfied |
| 20 Apr 2021 | Others | ₹7.50 Cr | Satisfied |
| 13 Mar 2019 | Others | ₹1.25 Cr | Satisfied |
| 24 Aug 2018 | Others | ₹1.50 Cr | Satisfied |
| 11 Sep 2017 | Dena Bank | ₹1.00 Cr | Satisfied |
How Many Employees Work at Istar Skill Development?
Istar Skill Development has a workforce of 68 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Istar Skill Development, 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 Istar Skill Development's trajectory.
Rating
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
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.
Latest Updates, News, and FAQs on Istar Skill Development
Recent activity within the organization
- Director Appointment
Sneha Jalan was appointed as a Company Secretary was appointed as a Company Secretary on 24 Apr 2024 & has been associated with this company since 11 months 20 days .
- Charges
A charge registered on 20 Apr 2021 via Charge ID 100440925 with Others was fully satisfied on 07 Feb 2024.
- Charges
A charge registered on 06 Sep 2021 via Charge ID 100508984 with Others was fully satisfied on 19 Jan 2024.
- Annual General Meeting
Istar Skill Development Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Istar Skill Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100508984 was registered on 06 Sep 2021.
Recent News, Updates & Announcement
- Skill-training company iSTAR learns to raise Rs 10 crore.
iStar Skill Development, a skill-training company, has raised Rs 10 crore led by the Michael & Susan Dell Foundation. Unitus Seed Fund, an early investor in iSTAR, also participated in this round..
Frequently asked questions
What is the Incorporation or founding date of Istar Skill Development Private Limited?
Istar Skill Development Private Limited was incorporated on 08 Dec 2009.
What is authorized share capital and paid-up capital of Istar Skill Development Private Limited?
The authorized share capital of Istar Skill Development Private Limited is ₹ 16.84 Cr and paid-up capital is ₹ 16.47 Cr.
Who are the current board members & directors of Istar Skill Development Private Limited?
Currently 4 directors are associated with Istar Skill Development Private Limited.
- Sreeraman Vaidyanathan
- Surga Sudharmma Thilakan Ezhavappadi
- Shailesh Lakhani
- Sneha Jalan
What is the registered address of Istar Skill Development Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Istar Skill Development Private Limited is 63/1 3Rd Main Road 18Th Cross, Malleshwaram India, Bangalore North, Karnataka, 560055.
What is the corporate identification number (CIN) and company number of Istar Skill Development Private Limited?
The corporate identification number (CIN) of Istar Skill Development Private Limited is U74910KA2009PTC051779 and the company number is 051779 as per Ministry of Corporate Affairs (MCA).
What is the official website of Istar Skill Development Private Limited?
The Official website of Istar Skill Development Private Limited is https://www.salesken.ai
What has been the recent revenue trend for Istar Skill Development Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Istar Skill Development Private Limited has risen by 31.62%.
How many employees does Istar Skill Development Private Limited currently have?
As Per 2023 financial reports, 68 employees are currently employed by Istar Skill Development Private Limited.
What change has been observed in the net worth of Istar Skill Development Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Istar Skill Development Private Limited has experienced an downturn of -36.54%.
When was the last Balance Sheet of Istar Skill Development Private Limited filed with the ROC?
The most recent Balance Sheet for Istar Skill Development Private Limited was filed with the ROC on 31 Mar 2023.
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