About Shinestar
Shinestar is an Industrial Goods & Manufacturing company based in Coimbatore (India) founded in 1990. Shinestar is engaged in manufacturing and distributing wire products. It operates on a Reseller / Distribution and Direct-to-Consumer (D2C) model. The company has 69 employees. Its Indian entity Evershine Dynamic Corporation Limited reported revenue of ₹43.85 Cr. Shinestar offers products and services including Wire Mesh Fencing, Hardware Products, and Barbed Wire. Its focus areas include Manufacturing, Industrial Goods and Wire and Hardware.
Company details
Shinestar, operated by Evershine Dynamic Corporation Limited, is involved in the manufacture and distribution of wire, wirenetting, and hardware products across India. A wide range of over 100 products, including wire meshes, fencing solutions, and hardware items, are offered. The company serves various sectors such as construction and security with high-quality materials. Operations are managed from the headquarters in Coimbatore, Tamil Nadu, with branches in multiple cities nationwide.
- Headquarters Coimbatore, India
- Employees 69
- SectorsIndustrial Goods & Manufacturing
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- Legal Name Evershine Dynamic Corporation Limited
- Date of Incorporation 29 Nov, 1990
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹43.85 Cr
FY 2024 · -33% YoY
- Net Profit₹63,930
FY 2024 · 0% margin
- EBITDA₹1.03 Cr
FY 2024 · 2% margin
- Employee Count69
Associated legal entities of Shinestar
Shinestar operates through Evershine Dynamic Corporation Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Evershine Dynamic Corporation Limited CIN U31902TZ1990PLC002956 | Active | 29 Nov 1990 | Coimbatore, Tamil Nadu | ₹43.9 Cr | 69 | 4 | View details |
Products & Services of Shinestar
Shinestar offers a comprehensive portfolio of products and services, including Wire Mesh Fencing, Hardware Products, and Barbed Wire.
Various wire mesh products are manufactured for fencing.
Hardware items like bolts are produced for construction.
Barbed wire is supplied for security fencing purposes.
Board of directors of Evershine Dynamic Corporation Limited (Shinestar)
Evershine Dynamic Corporation Limited is the primary company behind Shinestar. The board of Evershine Dynamic Corporation Limited currently have 3 directors; the longest-serving is Madhu Banthia, appointed in 2004. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Madhu Banthia DIN 02078486 | Director | 01 Apr 2004 | 22 yrs 6 mo | Evershine Dynamic Corporation Limited |
| Sourabh Banthia DIN 08277749 | Managing Director | 13 Nov 2018 | 7 yrs 11 mo | Evershine Dynamic Corporation Limited |
| Kunal Banthia DIN 03581785 | CEO | 01 Apr 2024 | 2 yrs 6 mo | Evershine Dynamic Corporation Limited |
Financials of Shinestar
Figures of Evershine Dynamic Corporation Limited, the primary company behind Shinestar, for FY 2024. Revenue was ₹43.85 Cr (-33% year on year). Net profit was ₹63,930 (0% margin). EBITDA was ₹1.03 Cr (2% margin). Revenue has grown at a compounded annual rate of -21% over three years and -13% over five years.
- ₹43.85 CrRevenue · FY 2024 · -33% YoY
- ₹63,930Net profit · 0% margin
- ₹1.03 CrEBITDA · 2% margin
- ₹98 LakhPaid-up capital
- 69Employees (provident fund records)
- -21%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Evershine Dynamic Corporation Limited are on its company page.
Detailed financial statements for Shinestar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Metals & Minerals
3 companies that operate in the same segment as Shinestar (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 20.78 B | 78,760 |
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Frequently Asked Questions about Shinestar
Shinestar was founded in 1990.
Shinestar is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Shinestar has 69 employees.
The primary company behind Shinestar, Evershine Dynamic Corporation Limited, reported revenue of ₹43.85 Cr for FY 2024, down 33% year on year.
Shinestar, operated by Evershine Dynamic Corporation Limited, is involved in the manufacture and distribution of wire, wirenetting, and hardware products across India. A wide range of over 100 products, including wire meshes, fencing solutions, and hardware items, are offered. The company serves various sectors such as construction and security with high-quality materials. Operations are managed from the headquarters in Coimbatore, Tamil Nadu, with branches in multiple cities nationwide.
Shinestar offers Wire Mesh Fencing, Hardware Products, and Barbed Wire.
Shinestar operates through Evershine Dynamic Corporation Limited.
The legal entities of Shinestar currently have 3 directors, including Kunal Banthia, Sourabh Banthia, Madhu Banthia.