About Star Estates Management Limited.
Data last updated:
Star Estates Management Limited. is a public limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 May 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL1980PLC010425. Its GSTIN is 09AAACS0594E1ZF (Uttar Pradesh). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹66 Cr and a paid-up capital of ₹55 Lakh. It is led by directors including Ravi Kumar and Deepanker Bhalla.
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 Half Mezzanine No. 1 Sandhya Deep Building 15 East Of Kailash Near Community Centr, E, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.38 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹78.31 Lakh (net margin -176.4%) and EBITDA of -₹45.29 Lakh (EBITDA margin -102%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 30% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹333.4 Cr on record. Court records list 15 cases involving the company, including 6 filed by the company and 9 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starestatemanagement.com.
Company details
Contact details
Star Estates Management Limited.'s registered office is in New Delhi, Delhi. Its website is starestatemanagement.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressHalf Mezzanine No. 1 Sandhya Deep Building 15 East Of Kailash Near Community Centr, E, New Delhi, Delhi, India – 110065
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Star Estates Management 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 Star Estates Management Limited is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Star Estates Management Limited., buy the company report.
Financials of Star Estates Management Limited.
FY 2024 filings availableStar Estates Management Limited. reported revenue of ₹44.38 Lakh (down 65% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 65% fall in the latest year. EBITDA fell 213% 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 |
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| EBITDA | -₹45.29 Lakh | ||||
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| Net Profit (PAT) | -₹78.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -102% | ||||
| Net Profit Margin | -176.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Star Estates Management Limited., buy the company report.
Board of directors of Star Estates Management Limited.
Star Estates Management Limited has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kumar Also directs: Sarvottam Realtors Private Limited, Ansal Infrastructure Projects Limited, Chamunda Properties Private Limited and 5 more | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Deepanker Bhalla | Director | 12 Jun 2024 | 2 Years 4 Months | Current |
| Rajesh Kumar Rana | Director | 20 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Star Estates Management Limited. is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TKP Properties Private Limited | ₹44.4 Lakh (FY 2024) | 0.0% | Kolkata, West Bengal, India | |||
| Virtue Land Developers Private Limited | ₹44.39 Lakh (FY 2018) | -39.0% | Mohali, Punjab, India | |||
| Star Estates Management Limited.this company | ₹44.38 Lakh (FY 2024) | -₹78.31 Lakh | -176.4% | -65.0% | New Delhi, Delhi, India | |
| Arora Farms Pvt Ltd | ₹44.35 Lakh (FY 2025) | -6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Star Estates Management Limited., buy the company report.
Auditor
Star Estates Management Limited. is audited by JAIN PRAMOD JAIN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN PRAMOD JAIN & CO | FY 2021 | 016746N |
Shareholding
The shareholding of Star Estates Management Limited. is on record for 5 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Star Estates Management Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2015 | 10563089 | Indian Bank | ₹50 Cr | Open | |
| 11 Jun 2007 | 10061323 | Housing Development Finance Corporation Limited | ₹200 Cr | Satisfied | |
| 14 Nov 2006 | 10031062 | Housing Development Finance Corporation Limited | ₹115 Cr | Satisfied | |
| 20 Jan 2005 | 80038908 | The Jammu & Kashmir Bank Limited | ₹10 Cr | Satisfied | |
| 04 Feb 2002 | 90043316 | Icici Limited | ₹8.4 Cr | Satisfied |
To see the full charge records of Star Estates Management Limited., buy the company report.
Total charge records: 5 View all charges
Legal cases
Star Estates Management Limited. has 15 court cases on record: 6 filed by Star Estates Management Limited, 9 filed against it. 3 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 7 | 2 |
| High courts | 4 | 2 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S Shiva Protection Force Private Limited | Pending |
| Allahabad High Court | Writ petition | Filed against the company | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Disposed |
To see the full case history of Star Estates Management 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 Star Estates Management Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Star Estates Management Limited has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACS0594E1ZF | Uttar Pradesh | Active | 24 Mar 2018 |
To see the full GST registrations and return filing status of Star Estates Management Limited., buy the company report.
Recent activity
Star Estates Management Limited. has 26 board changes on record since 2007: 3 appointments and 23 cessations. The latest: Deepanker Bhalla ceased to be Additional Director on 29 Sep 2024.
27 earlier events are in the company report.
Frequently asked questions
Star Estates Management Limited is an active public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 May 1980 (46+ years old) and is registered under CIN U70101DL1980PLC010425.
Star Estates Management Limited has 3 current directors:
- Ravi Kumar - Director
- Deepanker Bhalla - Director
- Rajesh Kumar Rana - Director
The latest financial statements of Star Estates Management Limited 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 Star Estates Management Limited is 09AAACS0594E1ZF, registered in Uttar Pradesh. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Star Estates Management Limited is U70101DL1980PLC010425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Estates Management Limited has 15 court cases on record: 6 filed by the company and 9 filed against it. 3 are pending. Most are in the district courts.
Star Estates Management Limited was incorporated on 09 May 1980, making it 46+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Star Estates Management Limited by revenue are TKP Properties Private Limited, Virtue Land Developers Private Limited, Arora Farms Pvt Ltd, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Deepanker Bhalla ceased to be Additional Director on 29 Sep 2024. Ravi Kumar ceased to be Additional Director on 29 Sep 2024. Deepanker Bhalla was appointed as Director on 12 Jun 2024. Star Estates Management Limited has 26 board changes on record in total.
Star Estates Management Limited can be reached through the website starestatemanagement.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Star Estates Management Limited is at Half Mezzanine No. 1 Sandhya Deep Building 15 East Of Kailash Near Community Centr, E, New Delhi, Delhi, India – 110065.
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