Redstar Infra Private Limited
About Redstar Infra Private Limited
Data last updated:
Redstar Infra Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate financing segment of the financial services sector. It was incorporated on 11 July 1983.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1983PTC030388.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Redstar Investment and Finance Private Limited. It was led by directors including Hargovind Karsandas Vithalani and Jalpa Hargovind Vithalani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Sherbanoo111 Maharshi Karve Road, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.8 Lakh. For the same year it recorded a net profit of ₹20,338 (net margin 11.3%) and EBITDA of ₹22,437 (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over five years.
As per MCA filings, the company has satisfied charges of ₹12.31 Cr on record.
Company details
CIN history
Redstar Infra has one previous CIN (Corporate Identification Number): U65990MH1983PTC030388. The current CIN is U70101MH1983PTC030388, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101MH1983PTC030388 | Current |
| U65990MH1983PTC030388 | Previous |
Contact details
Redstar Infra Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressSherbanoo111 Maharshi Karve Road, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Redstar Infra Private 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
Business activity
The main business activity of Redstar Infra is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Redstar Infra Private Limited, buy the company report.
Financials of Redstar Infra Private Limited
FY 2022 filings availableRedstar Infra Private Limited reported revenue of ₹1.8 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years. EBITDA fell 71% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.8 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22,437 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20,338 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 11.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Redstar Infra Private Limited, buy the company report.
Board of directors of Redstar Infra Private Limited
Redstar Infra has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hargovind Karsandas Vithalani Also directs: Jupiter Assets Advisors LLP, Global Aviation Services Private Limited, JTB Jupiter Express Services Private Limited and 2 more | Director | 23 Apr 2015 | 11 Years 6 Months | As last reported |
| Jalpa Hargovind Vithalani | Director | 15 Jul 2016 | 10 Years 3 Months | As last reported |
| Indira Hargovind Vithalani Also directs: Jupiter Assets Advisors LLP, Quintus Mercantile and Advisories LLP, Global Aviation Services Private Limited and 4 more | Director | 10 May 2021 | 5 Years 5 Months | As last reported |
Auditor
Redstar Infra Private Limited is audited by BANSI S MEHTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSI S MEHTA & CO | FY 2021 | 100991W |
Shareholding
The shareholding of Redstar Infra Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Redstar Infra Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2006 | 10014037 | Bnp Paribas | ₹11.81 Cr | Satisfied | |
| 26 Mar 2003 | 90184186 | New India Co-Op. Bank Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Redstar Infra Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Redstar Infra 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 Redstar Infra Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Redstar Infra Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Redstar Infra Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Indira Hargovind Vithalani ceased to be Additional Director on 03 Aug 2021.
3 earlier events are in the company report.
Frequently asked questions
Redstar Infra has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Redstar Infra was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 11 July 1983 and is registered under CIN U70101MH1983PTC030388. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Redstar Infra is U70101MH1983PTC030388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redstar Infra had 3 directors:
- Hargovind Karsandas Vithalani - Director
- Jalpa Hargovind Vithalani - Director
- Indira Hargovind Vithalani - Director
Redstar Infra was incorporated on 11 July 1983. It is registered with the Registrar of Companies, Mumbai.
The registered office of Redstar Infra is at Sherbanoo111 Maharshi Karve Road, Mumbai, Maharashtra, India – 400020.
The latest financial statements of Redstar Infra on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Redstar Infra operated in the financial services industry, in the real estate financing segment.
Indira Hargovind Vithalani ceased to be Additional Director on 03 Aug 2021. Indira Hargovind Vithalani was appointed as Director on 10 May 2021. Latesh Manharlal Parekh ceased to be Director on 16 Nov 2020. Redstar Infra has 7 board changes on record in total.
Redstar Infra has no open charges and satisfied charges of ₹12.31 Cr as per latest MCA filings.