Sturlite Electric Profile
Key Indicators
- Authorised Capital ₹ 3.47 Cr
as on 24-10-2024
- Paid Up Capital ₹ 3.47 Cr
as on 24-10-2024
- Company Age 4 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 168.80 Cr
as on 24-10-2024
- Satisfied Charges ₹ 20.00 Cr
as on 24-10-2024
- Revenue 45.27%
(FY 2023)
- Profit 23.29%
(FY 2023)
- Ebitda 27.35%
(FY 2023)
- Net Worth 66.12%
(FY 2023)
- Total Assets 35.52%
(FY 2023)
About Sturlite Electric
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 2023. It's a company limited by shares with an authorized capital of Rs 3.47 Cr and a paid-up capital of Rs 3.47 Cr.
The company currently has active open charges totaling ₹168.80 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sandeep Kantilal, Chandanmal Jain, and Sanjaykumar Jain serve as directors at the Company.
- CIN/LLPIN
U74140KA2020PTC133638
- Company No.
133638
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Apr 2020
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Sturlite Electric?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Kantilal  | Director | 01-Apr-2020 | Current |
| Chandanmal Jain | Director | 01-Apr-2020 | Current |
| Sanjaykumar Jain | Director | 01-Apr-2020 | Current |
Financial Performance of Sturlite Electric.
Sturlite Electric Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.27% increase. The company also saw a substantial improvement in profitability, with a 23.29% increase in profit. The company's net worth Soared by an impressive increase of 66.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Sturlite Electric?
In 2023, Sturlite Electric had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sturlite Industries Private LimitedActive 2 years 8 monthsSandeep Kantilal, Chandanmal Jain and 1 more are mutual person
- Sturlite Greentech Solutions Private LimitedActive 1 month 23 days
Sandeep Kantilal, Chandanmal Jain and 1 more are mutual person
- Sturlite Voltedge Private LimitedActive 11 months 20 days
Sandeep Kantilal, Chandanmal Jain and 1 more are mutual person
- Sturlite Etrade Private LimitedActive 11 months 20 days
Sandeep Kantilal, Chandanmal Jain and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 07 Aug 2024 | ₹35.00 Cr | Open |
Others Creation Date: 16 May 2024 | ₹1.50 M | Open |
Citi Bank N.A. Creation Date: 22 Sep 2023 | ₹35.00 Cr | Open |
How Many Employees Work at Sturlite Electric?
Unlock and access historical data on people associated with Sturlite Electric, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sturlite Electric, 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 Sturlite Electric'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.
