MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0046791
North Star Electricals Private Limited
North Star Electricals Private Limited - energy in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.03 Cr
▲ 100% YoY
Net profit · FY 2025
₹13.58 Lakh
Net margin 13.1%
EBITDA · FY 2025
₹18.5 Lakh
EBITDA margin 17.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About North Star Electricals Private Limited
Data last updated:
North Star Electricals Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the electric power generation segment of the energy sector. It was incorporated on 29 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U40106MP2021PTC056872. Its GSTIN is 23AAHCN7268H1Z8 (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Naveen Khanwalkar and Rajeev Shevgaonkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Lokmanya Nagar Soping Complex Shop 7, Indore, Madhya Pradesh, India – 452009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.03 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹13.58 Lakh (net margin 13.1%) and EBITDA of ₹18.5 Lakh (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 146% over three years.
The company has 1 deal on record (1 secondary share transfer); the latest was in August 2024. Its 10 peer companies in the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Flax Hydro Energy Private Limited with revenue of ₹1.04 Cr.
North Star Electricals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0046791).
Company details
CIN U40106MP2021PTC056872
Registration Number 056872
Incorporation Date 29 July 2021
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0046791
Key People
Naveen Khanwalkar Director Rajeev Shevgaonkar Director Sanyukta Shevgaonkar Additional Director Recognitions & Rankings of North Star Electricals
Contact details
North Star Electricals Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressLokmanya Nagar Soping Complex Shop 7, Indore, Madhya Pradesh, India – 452009
- IndustryEnergy, Electric Power Generation
To see the full contact details of North Star Electricals Private Limited, buy the company report.
Comprehensive company report
North Star Electricals Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Business activity
The main business activity of North Star Electricals is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of North Star Electricals Private Limited, buy the company report.
Financials of North Star Electricals Private Limited
FY 2025 filings availableNorth Star Electricals Private Limited reported revenue of ₹1.03 Cr (up 100% YoY) for FY 2025.
Revenue · FY 2025
₹1.03 Cr ▲ 100%
Net profit · FY 2025
₹13.58 Lakh margin 13.1%
EBITDA · FY 2025
₹18.5 Lakh margin 17.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 100%
3 years · compounded
▲ 146%
EBITDA CAGR growth
1 year
▲ 98%
3 years · compounded
▲ 344%
Revenue has grown at a compounded annual rate (CAGR) of 146% over three years, including 100% growth in the latest year. EBITDA rose 98% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Expenses | ||||
| EBITDA | ₹18.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹13.58 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17.9% | |||
| Net Profit Margin | 13.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of North Star Electricals Private Limited, buy the company report.
Board of directors of North Star Electricals Private Limited
North Star Electricals has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Khanwalkar | Director | 29 Jul 2021 | 5 Years 2 Months | Current |
| Rajeev Shevgaonkar Also directs: SGM Synergy LLP | Director | 29 Jul 2021 | 5 Years 2 Months | Current |
| Sanyukta Shevgaonkar Also directs: SGM Synergy LLP | Additional Director | 01 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
North Star Electricals Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flax Hydro Energy Private Limited | ₹1.04 Cr (FY 2025) | 860.0% | Hyderabad, Telangana, India | |||
| JSSK Energy Private Limited | ₹1.04 Cr (FY 2024) | -4.0% | Muktsar, Punjab, India | |||
| TKM Mills Private Limited | ₹1.04 Cr (FY 2025) | -7.0% | Erode, Tamil Nadu, India | |||
| FP Sun Solar Private Limited | ₹1.04 Cr (FY 2025) | -1.0% | Hyderabad, Telangana, India | |||
| Sunvault Powertech Private Limited | ₹1.04 Cr (FY 2022) | Badlapur, Maharashtra, India | ||||
| North Star Electricals Private Limitedthis company | ₹1.03 Cr (FY 2025) | ₹13.58 Lakh | 13.1% | 100.0% | Indore, Madhya Pradesh, India | |
| Oxben Solar Solutions Private Limited | ₹1.03 Cr (FY 2023) | 22.0% | West Yakkara, Kerala, India | |||
| Illustrious Technologies India Private Limited | ₹1.03 Cr (FY 2024) | 17.0% | Gurgaon, Haryana, India | |||
| Ashlyn Solar SPV Private Limited | ₹1.03 Cr (FY 2024) | 25.0% | Noida, Uttar Pradesh, India | |||
| Suryavizhudhugal Energy Solutions Private Limited | ₹1.03 Cr (FY 2024) | 10.0% | Puducherry, India | |||
| Rajeswari Renewresources Private Limited | ₹1.03 Cr (FY 2025) | 5.0% | Minjur, Tamil Nadu, India |
To see the full peer comparison of North Star Electricals Private Limited, buy the company report.
Deals & funding
North Star Electricals Private Limited has 1 deal on record (1 secondary share transfer); the latest was in August 2024.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving North Star Electricals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for North Star Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
North Star Electricals Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
North Star Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCN7268H1Z8 | Madhya Pradesh | Active | 21 Sep 2021 |
To see the full GST registrations and return filing status of North Star Electricals Private Limited, buy the company report.
Recent activity
North Star Electricals Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Sanyukta Shevgaonkar was appointed as Additional Director on 01 Sep 2024.
AGM
North Star Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
North Star Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Sanyukta Shevgaonkar was appointed as Additional Director.
Appointed
Naveen Khanwalkar was appointed as Director.
Appointed
Rajeev Shevgaonkar was appointed as Director.
Incorporation
29 Jul 2021
North Star Electricals Private Limited was registered on 29 Jul 2021 with Roc Gwalior & aged 5 years 2 months as per MCA records.
Frequently asked questions
North Star Electricals is an active private limited company based in Indore, Madhya Pradesh, India. The company works in electric power generation, within the energy industry. It was incorporated on 29 July 2021 (5+ years old) and is registered under CIN U40106MP2021PTC056872.
North Star Electricals has 3 current directors:
- Naveen Khanwalkar - Director
- Rajeev Shevgaonkar - Director
- Sanyukta Shevgaonkar - Additional Director
The latest financial statements of North Star Electricals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of North Star Electricals is 23AAHCN7268H1Z8, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of North Star Electricals is U40106MP2021PTC056872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
North Star Electricals was incorporated on 29 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Gwalior.
North Star Electricals has 1 deal on record (1 secondary share transfer); the latest was in August 2024.
The peers of North Star Electricals by revenue are Flax Hydro Energy Private Limited, JSSK Energy Private Limited, TKM Mills Private Limited, FP Sun Solar Private Limited, Sunvault Powertech Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Sanyukta Shevgaonkar was appointed as Additional Director on 01 Sep 2024. Naveen Khanwalkar was appointed as Director on 29 Jul 2021. Rajeev Shevgaonkar was appointed as Director on 29 Jul 2021.
Yes, North Star Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0046791).
The registered office of North Star Electricals is at Lokmanya Nagar Soping Complex Shop 7, Indore, Madhya Pradesh, India – 452009.