Starworth Infrastructure & Construction Limited

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

2008 | Bangalore, Karnataka (India) | Active
Last Updated: July 31, 2024

Starworth Infrastructure & Construction Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.00 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 238.20 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 six months. Its registered office is in Bangalore, 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 2023. 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 ₹238.20 Cr. The company has closed loans amounting to ₹56.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

Porus Irani, Ashish Puravankara, Nani Choksey, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    starworthinfra.com

  • 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

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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?

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 30-Dec-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%.

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
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

₹238.20 Cr

Satisfied Charges

₹56.67 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 82.20 Cr
  • Hdfc Bank Limited : 55.00 Cr
  • Axis Bank Limited : 52.18 Cr
  • Others : 35.51 Cr
  • Tata Capital Financial Services Limited : 13.32 Cr

Latest Charge Details

DateLenderAmountStatus
06 May 2024Axis Bank Limited₹1.94 MOpen
06 May 2024Axis Bank Limited₹3.38 MOpen
15 Mar 2024Axis Bank Limited₹2.06 CrOpen
06 Mar 2024Axis Bank Limited₹45.00 CrOpen
30 Nov 2023Axis Bank Limited₹1.79 CrOpen

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.

Graph showing employee growth trends

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

    06 May 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100927914 was registered on 06 May 2024.

    06 May 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.06 Cr with Charge ID 100899158 was registered on 15 Mar 2024.

    15 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 45.00 Cr with Charge ID 100898820 was registered on 06 Mar 2024.

    06 Mar 2024

  • Director Appointment

    Shailaja Jha was appointed as a Director was appointed as a Director on 30 Dec 2023 & has been associated with this company since 1 year 1 month .

    30 Dec 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.79 Cr with Charge ID 100914101 was registered on 30 Nov 2023.

    30 Nov 2023

Recent News, Updates & Announcement

Frequently asked questions

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

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

  • Currently 4 directors are associated with Starworth Infrastructure & Construction Limited.

    • Porus Behram Irani
    • Ashish Ravi Puravankara
    • Nani Rusi Choksey
    • Shailaja Jha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Starworth Infrastructure & Construction Limited is 130/1 Ulsoor Road, Bangalore, Karnataka, India, 560042.

  • 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).

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

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

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

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Starworth Infrastructure & Construction Limited amount to ₹ 238.20 Cr.

  • The most recent Balance Sheet for Starworth Infrastructure & Construction Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Real Estate Builders & Developers