Starion India Pvt. Ltd.

Manufactures and sells refrigerator, VM, AC parts and coolers since 2001 in New Delhi.

2001 | Delhi (India) | Active
Last Updated:

Starion India Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 30.49 Cr
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,022.61 Cr
  • Satisfied Charges ₹ 18.30 Cr
  • Revenue Growth 25.65%
  • Profit Growth -102.78%
  • Ebitda -41.42%
  • Net Worth -12.34%
  • Total Assets 78.23%

About Starion India

Starion India Pvt. Ltd. (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 July 2001 and has a history of 23 years and ten months. Its registered office is in Delhi, India.

The Company is engaged in the Consumer Electronics & Durables 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 35.00 Cr and a paid-up capital of Rs 30.49 Cr.

The company currently has active open charges totaling ₹1,022.61 Cr. The company has closed loans amounting to ₹18.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Starion India Pvt. Ltd. India is Shamsher Singh as COMPANY SECRETARY. Jungha Lee and Dongsik Jung serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909DL2001PTC111632

  • Company No.

    111632

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Starion India Pvt. Ltd. offer?

Starion India Pvt. Ltd. offers a wide range of products and services, including Home Appliances & Kitchen Appliances, Kitchen Appliance, Freezers, Refrigerators & Chillers, Commercial Refrigerator, Warehouses and Warehousing Agents, Freezers, Room Heaters, Fan Heater, Electric Fans, Pedestal Fan.

Company report

Starion India Pvt. Ltd.

Explore comprehensive data for Starion India Pvt. Ltd., including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Starion India?

Executive Team (1)

NameDesignationAppointment DateStatus
Shamsher Singh Country flag representing In Company Secretary08-Aug-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Jungha Lee Country flag representing Kr Director 21-Feb-2020Current
Dongsik Jung Country flag representing Kr Director 12-Jul-2021Current

Financial Performance of Starion India.

Starion India Pvt. Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 25.65% increase. The company also saw a substantial fall in profitability, with a 102.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.34%.

Starion India revenue growth over time
Starion India 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
25.65%
Revenue from Operations
25.77%
Total Assets
78.23%
Profit or Loss
-102.78%
Net Worth
-12.34%
EBITDA
-41.42%

What is the Ownership and Shareholding Structure of Starion India?

In 2023, Starion India 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

₹1,022.61 Cr

Satisfied Charges

₹18.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 1018.48 Cr
  • L G Electronics India Private Limited : 4.00 Cr
  • General Manager : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 2022Others₹111.21 CrOpen
19 May 2022Others₹111.21 CrOpen
17 Dec 2021Others₹199.02 CrOpen
23 Feb 2012Others₹199.02 CrOpen
24 Nov 2010Others₹199.02 CrOpen

How Many Employees Work at Starion India?

Starion India has a workforce of 567 employees as of Oct 11, 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.

Employee growth trends for Starion India Pvt. Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Starion India, 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 Starion India'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 Starion India

Recent activity within the organization

  • Director Appointment

    Shamsher Singh was appointed as a Company Secretary was appointed as a Company Secretary on 08 Aug 2024 & has been associated with this company since 9 months 17 days .

  • Charges

    A charge with Others of Rs. 199.02 Cr registered on 17 Dec 2021 with Charge ID 100512608 was modified on 23 Dec 2023.

  • Charges

    A charge with Others of Rs. 199.02 Cr registered on 23 Feb 2012 with Charge ID 10343441 was modified on 23 Dec 2023.

  • Charges

    A charge with Others of Rs. 199.02 Cr registered on 24 Nov 2010 with Charge ID 10255427 was modified on 23 Dec 2023.

  • Charges

    A charge with Others of Rs. 199.02 Cr registered on 23 Nov 2010 with Charge ID 10251767 was modified on 22 Dec 2023.

  • Annual General Meeting

    Starion India Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Starion India Pvt. Ltd.?

    Starion India Pvt. Ltd. was incorporated on 11 Jul 2001.

  • What is authorized share capital and paid-up capital of Starion India Pvt. Ltd.?

    The authorized share capital of Starion India Pvt. Ltd. is ₹ 35.00 Cr and paid-up capital is ₹ 30.49 Cr.

  • Who are the current board members & directors of Starion India Pvt. Ltd.?

    Currently 3 directors are associated with Starion India Pvt. Ltd..

    • Jungha Lee
    • Dongsik Jung
    • Shamsher Singh
  • What is the registered address of Starion India Pvt. Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Starion India Pvt. Ltd. is Flat No.-417 4Th Floor Jaina Tower-1 District Centre Janakpuri, New India, New Delhi, 110058.

  • What is the corporate identification number (CIN) and company number of Starion India Pvt. Ltd.?

    The corporate identification number (CIN) of Starion India Pvt. Ltd. is U31909DL2001PTC111632 and the company number is 111632 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Starion India Pvt. Ltd.?

    The Official website of Starion India Pvt. Ltd. is https://www.starion.co.kr

  • What has been the recent revenue trend for Starion India Pvt. Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Starion India Pvt. Ltd. has risen by 25.65%.

  • How many employees does Starion India Pvt. Ltd. currently have?

    As Per 2023 financial reports, 567 employees are currently employed by Starion India Pvt. Ltd..

  • What change has been observed in the net worth of Starion India Pvt. Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Starion India Pvt. Ltd. has experienced an downturn of -12.34%.

  • What are the total open charges for Starion India Pvt. Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Starion India Pvt. Ltd. amount to ₹ 1,022.61 Cr.

  • When was the last Balance Sheet of Starion India Pvt. Ltd. filed with the ROC?

    The most recent Balance Sheet for Starion India Pvt. Ltd. was filed with the ROC on 31 Mar 2023.

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