Starcity Entertainment Private Limited
About Starcity Entertainment Private Limited
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Starcity Entertainment Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 December 1991.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1991PTC064484. Its GSTIN is 27AAACS8292D1Z8 (Maharashtra).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹50.5 Lakh. It was formerly known as Sungold Developers Bombay Private Limited. It was led by directors including Sudhir Kanji Thakker and Chetan Balvantrai Valia.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 4th Floor Raheja Centre Point294 Vidya Nagri Marg Cst Road Kalina Santacruz (E), Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2021, the company reported a revenue of ₹78.75 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹52.63 Lakh (net margin 66.8%) and EBITDA of ₹70.5 Lakh (EBITDA margin 89.5%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 2% over five years.
As per MCA filings, the company had satisfied charges of ₹280.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Company details
Contact details
Starcity Entertainment Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address4th Floor Raheja Centre Point294 Vidya Nagri Marg Cst Road Kalina Santacruz (E), Mumbai, Maharashtra, India – 400098
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Starcity Entertainment 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 Starcity Entertainment 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 Starcity Entertainment Private Limited, buy the company report.
Financials of Starcity Entertainment Private Limited
FY 2021 filings availableStarcity Entertainment Private Limited reported revenue of ₹78.75 Lakh (down 10% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 10% fall in the latest year. EBITDA fell 4% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹70.5 Lakh | ||||
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| Net Profit (PAT) | ₹52.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 89.5% | ||||
| Net Profit Margin | 66.8% | ||||
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To see the full financial statements and ratios of Starcity Entertainment Private Limited, buy the company report.
Board of directors of Starcity Entertainment Private Limited
Starcity Entertainment has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Kanji Thakker Also directs: Raheja Life Styles Private Limited, Raheja Living Private Limited, Ambrosia Properties Private Limited and 5 more | Director | 06 Apr 2018 | 8 Years 7 Months | As last reported |
| Chetan Balvantrai Valia Also directs: Kartik Properties Private Limited, Mars Properties Pvt Ltd, K Raheja Developers Pvt Ltd and 5 more | Director | 11 Jan 2016 | 10 Years 9 Months | As last reported |
| Hariram Khemchand Ahuja | Director | 06 Apr 2018 | 8 Years 7 Months | As last reported |
Auditor
Starcity Entertainment Private Limited is audited by K N GANDHI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N GANDHI & CO | FY 2018 | 124129W |
Shareholding
The shareholding of Starcity Entertainment Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Starcity Entertainment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2016 | 100031461 | Lakshmi Vilas Bank Limited | ₹8 Cr | Satisfied | |
| 25 Feb 2008 | 10104023 | Kotak Mahindra Prime Limited | ₹99.72 Lakh | Satisfied | |
| 05 Jan 2007 | 10040573 | Housing Development Finance Corporation Limited | ₹131.5 Cr | Satisfied | |
| 18 Aug 2006 | 10052129 | Housing Development Finance Corporation Limited | ₹70 Cr | Satisfied | |
| 04 May 2006 | 10011522 | Housing Development Finance Corporation Limited | ₹10 Cr | Satisfied |
To see the full charge records of Starcity Entertainment Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Starcity Entertainment Private Limited has 1 court case on record: 1 filed by Starcity Entertainment. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2402-Indirect Taxation : Central Excise Act, Central Excise Tariff Act) | Filed by the company against Commissioner of Service Tax, Mumbai Commissioner of Service Tax, Mumbai 5Th Floor, New Central Excise Building, MK Road, Churchgate , District: . ,Mumbai , Maharashtra | Pending |
To see the full case history of Starcity Entertainment Private 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 Starcity Entertainment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Starcity Entertainment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS8292D1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Starcity Entertainment Private Limited, buy the company report.
Recent activity
Starcity Entertainment Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Hariram Khemchand Ahuja was appointed as Director on 06 Apr 2018.
20 earlier events are in the company report.
Frequently asked questions
Starcity Entertainment has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Starcity Entertainment was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 December 1991 and is registered under CIN U70100MH1991PTC064484. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Starcity Entertainment was incorporated on 16 December 1991. It is registered with the Registrar of Companies, Mumbai.
Starcity Entertainment had 3 directors:
- Sudhir Kanji Thakker - Director
- Chetan Balvantrai Valia - Director
- Hariram Khemchand Ahuja - Director
The CIN (Corporate Identification Number) of Starcity Entertainment is U70100MH1991PTC064484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Starcity Entertainment is at 4th Floor Raheja Centre Point294 Vidya Nagri Marg Cst Road Kalina Santacruz E, Mumbai, Maharashtra, India – 400098.
The latest financial statements of Starcity Entertainment on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Starcity Entertainment is 27AAACS8292D1Z8, registered in Maharashtra.
Starcity Entertainment operated in the real estate and construction industry, in the real estate builders and developers segment.
Starcity Entertainment has 1 court case on record: 1 filed by the company. 1 is pending.
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