Sitara Developers Private Limited

Real estate development and construction of residential and commercial properties in Bangalore.

2012 | Bangaluru, Karnataka (India) | Active
Last Updated: January 02, 2025

Sitara Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 60.30 Cr
  • Revenue Growth 73014.10%
  • Profit Growth 155.55%
  • Ebitda 347.14%
  • Net Worth 38.24%
  • Total Assets -9.78%

About Sitara Developers

Sitara Developers Private Limited (SDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 2012 and has a history of 12 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹60.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kumbala Praveen and Kumbala Laxmi 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

    U70109KA2012PTC065353

  • Company No.

    065353

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 2012

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Sitara Developers?

Board Members (2)

NameDesignationAppointment DateStatus
Kumbala Praveen Country flag representing In Director 19-Mar-2014Current
Kumbala Laxmi Country flag representing In Director 13-Jul-2015Current

Financial Performance of Sitara Developers.

Sitara Developers Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 73014.1% increase. The company also saw a substantial improvement in profitability, with a 155.55% increase in profit. The company's net worth Soared by an impressive increase of 38.24%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
73014.10%
Revenue from Operations
Total Assets
-9.78%
Profit or Loss
155.55%
Net Worth
38.24%
EBITDA
347.14%

What is the Ownership and Shareholding Structure of Sitara Developers?

In 2021, Sitara Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹603.05 M

Charges Breakdown by Lending Institutions

  • Others : 60.30 Cr

Latest Charge Details

DateLenderAmountStatus
27 Apr 2022Others₹15.30 CrSatisfied
13 Mar 2018Others₹45.00 CrSatisfied

How Many Employees Work at Sitara Developers?

Unlock and access historical data on people associated with Sitara Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sitara Developers, 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 Sitara Developers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Sitara Developers

Recent activity within the organization

  • Charges

    A charge registered on 27 Apr 2022 via Charge ID 100574598 with Others was fully satisfied on 20 Jun 2024.

    20 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 153.05 M with Charge ID 100574598 was registered on 27 Apr 2022.

    27 Apr 2022

  • Charges

    A charge registered on 13 Mar 2018 via Charge ID 100162792 with Others was fully satisfied on 27 Apr 2022.

    27 Apr 2022

  • Annual General Meeting

    Sitara Developers Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Sitara Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Charges

    A charge with Others of Rs. 450.00 M registered on 13 Mar 2018 with Charge ID 100162792 was modified on 11 Nov 2020.

    11 Nov 2020

Frequently asked questions

  • Sitara Developers Private Limited was incorporated on 14 Aug 2012.

  • The authorized share capital of Sitara Developers Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Sitara Developers Private Limited.

    • Kumbala Praveen
    • Kumbala Bhagya Laxmi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sitara Developers Private Limited is No. 133/1 2Nd Floor, The Residency Road India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Sitara Developers Private Limited is U70109KA2012PTC065353 and the company number is 065353 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Sitara Developers Private Limited has risen by 73014.10%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Sitara Developers Private Limited has experienced an upsurge of 38.24%.

  • The most recent Balance Sheet for Sitara Developers Private Limited was filed with the ROC on 31 Mar 2021.

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