Istar Skill Development Profile
Key Indicators
- Authorised Capital ₹ 16.84 Cr
as on 16-11-2024
- Paid Up Capital ₹ 16.47 Cr
as on 16-11-2024
- Company Age 15 Year, 17 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 22.25 Cr
as on 16-11-2024
- Revenue 31.62%
(FY 2023)
- Profit 26.89%
(FY 2023)
- Ebitda 23.09%
(FY 2023)
- Net Worth -36.54%
(FY 2023)
- Total Assets -38.43%
(FY 2023)
About Istar Skill Development
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
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
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Zetwerk Manufacturing Businesses Private LimitedActive 7 years 19 daysShailesh Lakhani is a mutual person
A&A Dukaan Financial Services Private LimitedActive 16 years 10 monthsShailesh Lakhani is a mutual person
Peak Xv Partners Advisors Private LimitedActive 24 years 6 monthsShailesh Lakhani is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 06 Sep 2021 | ₹10.00 Cr | Satisfied |
Others Creation Date: 20 Apr 2021 | ₹7.50 Cr | Satisfied |
Others Creation Date: 13 Mar 2019 | ₹1.25 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.
