Starwing Developers Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.50 Cr
- Company Age 30 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 188.12 Cr
- Satisfied Charges ₹ 163.68 Cr
- Revenue Growth -26.25%
- Profit Growth -27.20%
- Ebitda -9.66%
- Net Worth 15.66%
- Total Assets -7.03%
About Starwing Developers
Starwing Developers Private Limited (SDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 April 1994 and has a history of 30 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Elect Finance & Investments Company Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 4.50 Cr.
The company currently has active open charges totaling ₹188.12 Cr. The company has closed loans amounting to ₹163.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajeev Dube and Jitendra Vora serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65990MH1994PTC077850
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Company No.
077850
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Apr 1994
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Starwing Developers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeev Dube
|
Managing Director | 10-May-1994 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Jitendra Vora
|
Director | 06-Dec-2006 | Current |
Financial Performance of Starwing Developers.
Starwing Developers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.25% decrease. The company also saw a substantial fall in profitability, with a 27.2% decrease in profit. The company's net worth Soared by an impressive increase of 15.66%.
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What is the Ownership and Shareholding Structure of Starwing Developers?
In 2023, Starwing Developers had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Starwing Infrastructure Private LimitedRajeev Dube and Jitendra Vora are mutual person
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Starwing Build-Con Private LimitedRajeev Dube and Jitendra Vora are mutual person
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Cricket Millionaire Private LimitedRajeev Dube and Jitendra Vora are mutual person
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Starwing Vibe Realty LlpRajeev Dube is a mutual person
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Electrx Motors Private Limited
Rajeev Dube and Jitendra Vora are mutual person
Charges (Loans)
₹188.12 Cr
₹163.68 Cr
Charges Breakdown by Lending Institutions
- Tata Capital Housing Finance Limited : 160.00 Cr
- Others : 25.00 Cr
- Hdfc Bank Limited : 3.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2023 | Others | ₹25.00 Cr | Open |
| 04 Feb 2023 | Hdfc Bank Limited | ₹3.12 Cr | Open |
| 08 Jul 2019 | Tata Capital Housing Finance Limited | ₹160.00 Cr | Open |
| 21 Oct 2017 | Others | ₹65.00 Cr | Satisfied |
| 22 Jun 2016 | Others | ₹20.00 Cr | Satisfied |
How Many Employees Work at Starwing Developers?
Starwing Developers has a workforce of 26 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Starwing 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 Starwing Developers'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.
