Starworth Infrastructure & Construction Limited

This company specializes in construction and development services for residential and commercial projects.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated:

Starworth Infrastructure & Construction Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.00 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 288.53 Cr
  • Satisfied Charges ₹ 56.67 Cr
  • Revenue Growth 104.95%
  • Profit Growth 65.24%
  • Ebitda 160.89%
  • Net Worth 28.65%
  • Total Assets 50.01%

About Starworth Infrastructure & Construction

Starworth Infrastructure & Construction Limited (SICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 August 2008 and has a history of 16 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Provident Housing And Infrastructure 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.00 Cr.

The company currently has active open charges totaling ₹288.53 Cr. The company has closed loans amounting to ₹56.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narasa Reddy, Porus Irani, Ashish Puravankara, and Two other members 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

    U45201KA2008PLC047441

  • Company No.

    047441

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 2008

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

What products or services does Starworth Infrastructure & Construction Limited offer?

Starworth Infrastructure & Construction Limited offers a wide range of products and services, including Real Estate Services, Real Estate Agent & Property Dealers, Commercial Property.

Who are the key members and board of directors at Starworth Infrastructure & Construction?

Executive Team (1)

NameDesignationAppointment DateStatus
Narasa Reddy Country flag representing In Managing Director16-Aug-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Ashish Puravankara Country flag representing In Director 13-Aug-2008Current
Porus Irani Country flag representing In Director 31-Mar-2015Current
Nani Choksey Country flag representing In Director 13-Aug-2008Current
Shailaja Jha Country flag representing In Director 24-May-2023Current

Financial Performance of Starworth Infrastructure & Construction.

Starworth Infrastructure & Construction Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 104.95% increase. The company also saw a substantial improvement in profitability, with a 65.24% increase in profit. The company's net worth Soared by an impressive increase of 28.65%.

Starworth Infrastructure & Construction revenue growth over time
Starworth Infrastructure & Construction 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
104.95%
Revenue from Operations
112.68%
Total Assets
50.01%
Profit or Loss
65.24%
Net Worth
28.65%
EBITDA
160.89%

What is the Ownership and Shareholding Structure of Starworth Infrastructure & Construction?

In 2023, Starworth Infrastructure & Construction 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

₹288.53 Cr

Satisfied Charges

₹56.67 Cr

Charges Breakdown by Lending Institutions

  • Others : 85.51 Cr
  • Standard Chartered Bank : 82.20 Cr
  • Hdfc Bank Limited : 55.00 Cr
  • Axis Bank Limited : 52.51 Cr
  • Tata Capital Financial Services Limited : 13.32 Cr

Latest Charge Details

DateLenderAmountStatus
07 Dec 2024Others₹20.00 CrOpen
07 Dec 2024Others₹30.00 CrOpen
21 Aug 2024Axis Bank Limited₹3.34 MOpen
06 May 2024Axis Bank Limited₹1.94 MOpen
06 May 2024Axis Bank Limited₹3.38 MOpen

How Many Employees Work at Starworth Infrastructure & Construction?

Starworth Infrastructure & Construction has a workforce of 1953 employees as of Apr 01, 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 Starworth Infrastructure & Construction Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Starworth Infrastructure & Construction, 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 Starworth Infrastructure & Construction'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 Starworth Infrastructure & Construction

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101025491 was registered on 07 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101025496 was registered on 07 Dec 2024.

  • Annual General Meeting

    Starworth Infrastructure & Construction Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100968860 was registered on 21 Aug 2024.

  • Director Appointment

    Narasa Reddy Donti Reddy was appointed as a Managing Director was appointed as a Managing Director on 16 Aug 2024 & has been associated with this company since 7 months 13 days .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100926775 was registered on 06 May 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Starworth Infrastructure & Construction Limited?

    Starworth Infrastructure & Construction Limited was incorporated on 13 Aug 2008.

  • What is authorized share capital and paid-up capital of Starworth Infrastructure & Construction Limited?

    The authorized share capital of Starworth Infrastructure & Construction Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.00 Cr.

  • Who are the current board members & directors of Starworth Infrastructure & Construction Limited?

    Currently 5 directors are associated with Starworth Infrastructure & Construction Limited.

    • Narasa Reddy Donti Reddy
    • Porus Behram Irani
    • Ashish Ravi Puravankara
    • Nani Rusi Choksey
    • Shailaja Jha

  • What is the registered address of Starworth Infrastructure & Construction Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Starworth Infrastructure & Construction Limited is 130/1 Ulsoor Road India, Bangalore, Karnataka, 560042.

  • What is the corporate identification number (CIN) and company number of Starworth Infrastructure & Construction Limited?

    The corporate identification number (CIN) of Starworth Infrastructure & Construction Limited is U45201KA2008PLC047441 and the company number is 047441 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Starworth Infrastructure & Construction Limited?

    The Official website of Starworth Infrastructure & Construction Limited is https://www.starworthinfra.com

  • What has been the recent revenue trend for Starworth Infrastructure & Construction Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Starworth Infrastructure & Construction Limited has risen by 104.95%.

  • How many employees does Starworth Infrastructure & Construction Limited currently have?

    As Per 2023 financial reports, 1953 employees are currently employed by Starworth Infrastructure & Construction Limited.

  • What change has been observed in the net worth of Starworth Infrastructure & Construction Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Starworth Infrastructure & Construction Limited has experienced an upsurge of 28.65%.

  • What are the total open charges for Starworth Infrastructure & Construction Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Starworth Infrastructure & Construction Limited amount to ₹ 288.53 Cr.

  • When was the last Balance Sheet of Starworth Infrastructure & Construction Limited filed with the ROC?

    The most recent Balance Sheet for Starworth Infrastructure & Construction Limited was filed with the ROC on 31 Mar 2024.

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