Starlite Spintech Limited

Company specializes in trading yarn and raw cotton, and developing residential properties with amenities.

1994 | Hyderabad, Telangana (India) | Active
Last Updated: January 10, 2025

Starlite Spintech Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.46 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33.86 Cr
  • Satisfied Charges ₹ 4.63 Cr
  • Revenue Growth 10.84%
  • Profit Growth 39.37%
  • Ebitda -32.34%
  • Net Worth 15.64%
  • Total Assets 29.05%

About Starlite Spintech

Starlite Spintech Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 July 1994 and has a history of 30 years and six months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Home & Lifestyle 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 3.00 Cr and a paid-up capital of Rs 1.46 Cr.

The company currently has active open charges totaling ₹33.86 Cr. The company has closed loans amounting to ₹4.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sandeep Patwari, Sanjay Patwari, Prachi Patwari, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    starhomes.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18100TG1994PLC018016

  • Company No.

    018016

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Home & Lifestyle
Real Estate and Construction

What products or services does Starlite Spintech Limited offer?

Starlite Spintech Limited offers a wide range of products and services, including Real Estate Services, Real Estate Developer.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sandeep Patwari Country flag representing In Managing Director01-Oct-2006Current

Board Members (3)

NameDesignationAppointment DateStatus
Sanjay Patwari Country flag representing In Director 01-Apr-2006Current
Prachi Patwari Country flag representing In Whole-Time Director 01-Apr-2003Current
Chanda Patwari Country flag representing In Director 09-Feb-2009Current

Financial Performance of Starlite Spintech.

Starlite Spintech Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.84% increase. The company also saw a substantial improvement in profitability, with a 39.37% increase in profit. The company's net worth Soared by an impressive increase of 15.64%.

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
10.84%
Revenue from Operations
9.54%
Total Assets
29.05%
Profit or Loss
39.37%
Net Worth
15.64%
EBITDA
-32.34%

What is the Ownership and Shareholding Structure of Starlite Spintech?

In 2022, Starlite Spintech had a promoter holding of 51.86% and a public holding of 48.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.86 Cr

Satisfied Charges

₹4.63 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 21.38 Cr
  • Others : 10.03 Cr
  • Sidbi : 1.60 Cr
  • Axis Bank Limited : 0.47 Cr
  • Hdfc Bank Limited : 0.38 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2024Others₹1.54 CrOpen
22 Dec 2023Bank Of India₹7.50 MOpen
30 Jul 2022Others₹8.49 CrOpen
30 Apr 2022Hdfc Bank Limited₹3.85 MOpen
31 Jul 2021Bank Of India₹5.80 MOpen

How Many Employees Work at Starlite Spintech?

Starlite Spintech has a workforce of 10 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 1.54 Cr with Charge ID 100991717 was registered on 28 Aug 2024.

    28 Aug 2024

  • Balance Sheet

    Starlite Spintech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 0.75 Cr with Charge ID 100832252 was registered on 22 Dec 2023.

    22 Dec 2023

  • Charges

    A charge with Bank Of India of Rs. 19.85 Cr registered on 18 Jan 1995 with Charge ID 90119558 was modified on 10 Jul 2023.

    10 Jul 2023

  • Charges

    A charge with Others of Rs. 8.49 Cr registered on 30 Jul 2022 with Charge ID 100601957 was modified on 29 Sep 2022.

    29 Sep 2022

Frequently asked questions

  • Starlite Spintech Limited was incorporated on 29 Jul 1994.

  • The authorized share capital of Starlite Spintech Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.46 Cr.

  • Currently 4 directors are associated with Starlite Spintech Limited.

    • Sandeep Patwari
    • Sanjay Patwari
    • Prachi Patwari
    • Chanda Patwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Starlite Spintech Limited is 601 Shangrila Plaza Plot No.14 Road No.2, Banjara Hills India, Hyderabad, Telangana, 500034.

  • The corporate identification number (CIN) of Starlite Spintech Limited is U18100TG1994PLC018016 and the company number is 018016 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Starlite Spintech Limited is https://www.starhomes.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Starlite Spintech Limited has risen by 10.84%.

  • As Per 2022 financial reports, 10 employees are currently employed by Starlite Spintech Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Starlite Spintech Limited has experienced an upsurge of 15.64%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Starlite Spintech Limited amount to ₹ 33.86 Cr.

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