About Sunstar Realty Development Limited
Data last updated:
Sunstar Realty Development Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L70102MH2008PLC184142. Its GSTIN is 27AAMCS4495C1Z1 (Maharashtra). It is recorded as listed by MCA, but its shares were delisted from BSE on 20 Jun 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹23.62 Cr. It was formerly known as Sunstar Realty Development Private Limited. It is led by directors including Jay Jagdishkumar Shah and Bhavesh Kumardev Khatri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. 422 Level 4 Dynasty A Wing Andheri – Kurla Road, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.07 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹21.05 Lakh (net margin -4.2%) and EBITDA of ₹9.94 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 149% over three years and 134% over five years.
The company is associated with 1 brand: Sunstar Realty. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 11 deals on record (7 market trades, 2 secondary share transfers, 1 ipo); the latest was in February 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunstarrealtors.com.
Company details
CIN history
Sunstar Realty Development has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70102MH2008PLC184142, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70102MH2008PLC184142 | Current |
| U70102MH2008PLC184142 | Previous |
| U70102MH2008PTC184142 | Previous |
Contact details
Sunstar Realty Development Limited's registered office is in Mumbai, Maharashtra. Its website is sunstarrealtors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 422 Level 4 Dynasty A Wing Andheri – Kurla Road, Mumbai, Maharashtra, India – 400059
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sunstar Realty Development Limited, buy the company report.
- 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
Brands
Sunstar Realty Development operates one associated brand: Sunstar Realty. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial buildings are developed in Mumbai. | sunstarrealtors.com |
Financials of Sunstar Realty Development Limited
FY 2024 filings availableSunstar Realty Development Limited reported revenue of ₹5.07 Cr (up 181% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 134% over five years, including 181% growth in the latest year. EBITDA rose 110% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.05 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | -4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sunstar Realty Development Limited, buy the company report.
Board of directors of Sunstar Realty Development Limited
Sunstar Realty Development has 3 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Jagdishkumar Shah Also directs: Xedigital IT Solutions (OPC) Private Limited | Additional Director | 05 Apr 2025 | 1 Years 7 Months | Current |
| Bhavesh Kumardev Khatri | Additional Director | 19 Jul 2025 | 1 Years 3 Months | Current |
| Poojaben Navinbhai Dhameliya | Additional Director | 19 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Sunstar Realty Development Limited is audited by BMGS & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BMGS & ASSOCIATES | FY 2022 | 026886N |
Shareholding
The shareholding of Sunstar Realty Development Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunstar Realty Development Limited, buy the company report.
Deals & funding
Sunstar Realty Development Limited has 11 deals on record (7 market trades, 2 secondary share transfers, 1 ipo); the latest was in February 2018.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Market trade | ₹1.97 Cr | Buyer: an individual Seller: Ratnanidhi Advisory Services LLP |
| Dec 2013 | QIP | ₹18.23 Cr | Investors: Radhey Mohan Properties LLP , 3 individuals |
| Mar 2013 | Market trade | ₹35.6 Lakh | Seller: Guiness Securities Limited |
| Mar 2013 | Market trade | ₹27 Lakh | Seller: Guiness Securities Limited |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: Heaven Petrochem Private Limited Seller: Pollard Vintrade Private Limited , Tremendous Commodeal Private Limited , Prism Fincom Private Limited |
To see the full deal history of Sunstar Realty Development Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sunstar Realty Development Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Registrar of Companies | Pending |
To see the full case history of Sunstar Realty Development Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunstar Realty Development Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sunstar Realty Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS4495C1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunstar Realty Development Limited, buy the company report.
Recent activity
Sunstar Realty Development Limited has 45 board changes on record since 2008: 24 appointments and 21 cessations. The latest: Bhavesh Kumardev Khatri was appointed as Additional Director on 19 Jul 2025.
36 earlier events are in the company report.
Frequently asked questions
Sunstar Realty Development is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 June 2008 (18+ years old) and is registered under CIN L70102MH2008PLC184142.
Sunstar Realty Development has 3 current directors:
- Jay Jagdishkumar Shah - Additional Director
- Bhavesh Kumardev Khatri - Additional Director
- Poojaben Navinbhai Dhameliya - Additional Director
The latest financial statements of Sunstar Realty Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunstar Realty Development is 27AAMCS4495C1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sunstar Realty Development is L70102MH2008PLC184142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunstar Realty Development is recorded as a listed company by MCA, but its shares were delisted from BSE on 20 Jun 2023 · compulsory delisting, and no longer trade on a stock exchange.
Sunstar Realty Development has 1 court case on record: 1 filed against it. 1 is pending.
Sunstar Realty Development was incorporated on 30 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunstar Realty Development has 11 deals on record (7 market trades, 2 secondary share transfers, 1 ipo); the latest was in February 2018.
Bhavesh Kumardev Khatri was appointed as Additional Director on 19 Jul 2025. Mayank Bhandari ceased to be Director on 19 Jul 2025. Poojaben Navinbhai Dhameliya was appointed as Additional Director on 19 Jul 2025. Sunstar Realty Development has 45 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
