Starlite Electrodrives Private Limited

Manufactures and deals with a wide range of electrical goods, machinery, and equipment for various purposes.

2020 | Nashik, Maharashtra (India) | Active
Last Updated:

Starlite Electrodrives Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.52 Cr
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 65.00 Cr
  • Revenue Growth 328.54%
  • Profit Growth 5042.57%
  • Ebitda 252.26%
  • Net Worth 97.59%
  • Total Assets 116.55%

About Starlite Electrodrives

Starlite Electrodrives Private Limited (SEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 November 2020 (Four years and four months 17 days old ). Its registered office is in Nashik, Maharashtra, India.

The Corporate was formerly known as Starlite Electrodrive Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.52 Cr.

The company currently has active open charges totaling ₹65.00 Cr.

Ravindra Bharati, Marco Tamburini, and Arvind Didwania serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31900MH2020PTC350745

  • Company No.

    350745

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables
Machinery and Equipment
Company report

Starlite Electrodrives Private Limited

Explore comprehensive data for Starlite Electrodrives Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Starlite Electrodrives?

Board Members (3)

NameDesignationAppointment DateStatus
Arvind Didwania Country flag representing In Director 01-Mar-2021Current
Ravindra Bharati Country flag representing In Director 26-Nov-2020Current
Marco Tamburini Country flag representing It Director 21-Feb-2022Current

Financial Performance of Starlite Electrodrives.

Starlite Electrodrives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 328.54% increase. The company also saw a substantial improvement in profitability, with a 5042.57% increase in profit. The company's net worth Soared by an impressive increase of 97.59%.

Starlite Electrodrives revenue growth over time
Starlite Electrodrives 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
328.54%
Revenue from Operations
315.93%
Total Assets
116.55%
Profit or Loss
5042.57%
Net Worth
97.59%
EBITDA
252.26%

What is the Ownership and Shareholding Structure of Starlite Electrodrives?

In 2023, Starlite Electrodrives 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

₹65.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 35.00 Cr
  • Others : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jun 2023Others₹30.00 CrOpen
01 Oct 2021State Bank Of India₹35.00 CrOpen

How Many Employees Work at Starlite Electrodrives?

Starlite Electrodrives has a workforce of 70 employees as of Apr 09, 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 Starlite Electrodrives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Starlite Electrodrives, 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 Starlite Electrodrives'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 Starlite Electrodrives

Recent activity within the organization

  • Annual General Meeting

    Starlite Electrodrives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 21 Jun 2023 with Charge ID 100741167 was modified on 15 May 2024.

  • Balance Sheet

    Starlite Electrodrives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with State Bank Of India of Rs. 35.00 Cr registered on 01 Oct 2021 with Charge ID 100492842 was modified on 04 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100741167 was registered on 21 Jun 2023.

  • Director Appointment

    Marco Tamburini was appointed as a Director was appointed as a Director on 21 Feb 2022 & has been associated with this company since 3 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Starlite Electrodrives Private Limited?

    Starlite Electrodrives Private Limited was incorporated on 26 Nov 2020.

  • What is authorized share capital and paid-up capital of Starlite Electrodrives Private Limited?

    The authorized share capital of Starlite Electrodrives Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.52 Cr.

  • Who are the current board members & directors of Starlite Electrodrives Private Limited?

    Currently 3 directors are associated with Starlite Electrodrives Private Limited.

    • Ravindra Subhashchandra Bharati
    • Marco Tamburini
    • Arvind Kumar Didwania

  • What is the registered address of Starlite Electrodrives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Starlite Electrodrives Private Limited is 6 Midc Satpur Trimbak Road India, Nashik, Maharashtra, 422007.

  • What is the corporate identification number (CIN) and company number of Starlite Electrodrives Private Limited?

    The corporate identification number (CIN) of Starlite Electrodrives Private Limited is U31900MH2020PTC350745 and the company number is 350745 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Starlite Electrodrives Private Limited?

    The Official website of Starlite Electrodrives Private Limited is https://www.sedpl.com

  • What has been the recent revenue trend for Starlite Electrodrives Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Starlite Electrodrives Private Limited has risen by 328.54%.

  • How many employees does Starlite Electrodrives Private Limited currently have?

    As Per 2023 financial reports, 70 employees are currently employed by Starlite Electrodrives Private Limited.

  • What change has been observed in the net worth of Starlite Electrodrives Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Starlite Electrodrives Private Limited has experienced an upsurge of 97.59%.

  • What are the total open charges for Starlite Electrodrives Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Starlite Electrodrives Private Limited amount to ₹ 65.00 Cr.

  • When was the last Balance Sheet of Starlite Electrodrives Private Limited filed with the ROC?

    The most recent Balance Sheet for Starlite Electrodrives Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Industrial Tools & Components