Sturlite Electric Profile
Key Indicators
- Authorised Capital ₹ 3.47 Cr
- Paid Up Capital ₹ 3.47 Cr
- Company Age 4 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 168.80 Cr
- Satisfied Charges ₹ 20.00 Cr
- Revenue Growth 45.27%
- Profit Growth 23.29%
- Ebitda 27.35%
- Net Worth 66.12%
- Total Assets 35.52%
About Sturlite Electric
Sturlite Electric Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 April 2020 (Four years and 11 months 18 days old ). Its registered office is in Bangaluru, Karnataka, India.
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.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Consumer Electronics & Durables
Sturlite Electric Private Limited
Explore comprehensive data for Sturlite Electric Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
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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 LimitedSandeep Kantilal, Chandanmal Jain and 1 more are mutual person
- Sturlite Voltedge Private Limited
Sandeep Kantilal, Chandanmal Jain and 1 more are mutual person
- Sturlite Etrade Private Limited
Sandeep Kantilal, Chandanmal Jain and 1 more are mutual person
- Sweaf Networks Private Limited
Sandeep Kantilal is a mutual person
Charges (Loans)
Open Charges
₹168.80 Cr
Satisfied Charges
₹20.00 Cr
Charges Breakdown by Lending Institutions
- Others : 65.15 Cr
- Citi Bank N.A. : 35.00 Cr
- Yes Bank Limited : 34.80 Cr
- Hdfc Bank Limited : 33.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2024 | Others | ₹35.00 Cr | Open |
| 16 May 2024 | Others | ₹1.50 M | Open |
| 22 Sep 2023 | Citi Bank N.A. | ₹35.00 Cr | Open |
| 03 Aug 2023 | Others | ₹30.00 Cr | Open |
| 24 May 2022 | Yes Bank Limited | ₹34.80 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.
Latest Updates, News, and FAQs on Sturlite Electric
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100968974 was registered on 07 Aug 2024.
- Charges
A charge with Others of Rs. 30.00 Cr registered on 03 Aug 2023 with Charge ID 100770989 was modified on 20 Jul 2024.
- Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100936614 was registered on 16 May 2024.
- Charges
A charge with Citi Bank N.A. of Rs. 35.00 Cr registered on 22 Sep 2023 with Charge ID 100802497 was modified on 02 Feb 2024.
- Charges
A charge with Yes Bank Limited of Rs. 34.80 Cr registered on 24 May 2022 with Charge ID 100585986 was modified on 04 Nov 2023.
- Annual General Meeting
Sturlite Electric Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Frequently asked questions
What is the Incorporation or founding date of Sturlite Electric Private Limited?
Sturlite Electric Private Limited was incorporated on 01 Apr 2020.
What is authorized share capital and paid-up capital of Sturlite Electric Private Limited?
The authorized share capital of Sturlite Electric Private Limited is ₹ 3.47 Cr and paid-up capital is ₹ 3.47 Cr.
Who are the current board members & directors of Sturlite Electric Private Limited?
Currently 3 directors are associated with Sturlite Electric Private Limited.
- Sandeep Kantilal
- Chandanmal Mukesh Jain
- Sanjaykumar Jain
What is the registered address of Sturlite Electric Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sturlite Electric Private Limited is Nelson 111, M Krishnappa Layout Lal Bagh Main Road India, Bengaluru, Karnataka, 560027.
What is the corporate identification number (CIN) and company number of Sturlite Electric Private Limited?
The corporate identification number (CIN) of Sturlite Electric Private Limited is U74140KA2020PTC133638 and the company number is 133638 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sturlite Electric Private Limited?
The Official website of Sturlite Electric Private Limited is https://www.sturlite.com
What has been the recent revenue trend for Sturlite Electric Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sturlite Electric Private Limited has risen by 45.27%.
What change has been observed in the net worth of Sturlite Electric Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sturlite Electric Private Limited has experienced an upsurge of 66.12%.
What are the total open charges for Sturlite Electric Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sturlite Electric Private Limited amount to ₹ 168.80 Cr.
When was the last Balance Sheet of Sturlite Electric Private Limited filed with the ROC?
The most recent Balance Sheet for Sturlite Electric Private Limited was filed with the ROC on 31 Mar 2023.
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