About Starconn Mobility Private Limited
Data last updated:
Starconn Mobility Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Swipe Innovations Pte Ltd. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 15 January 2013.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2013PTC146015. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.08 Cr. It was formerly known as Pranshu Financial Consultants Private Limited and Swipe Technologies Private Limited. It is led by directors Aman Nandlal Gupta and Shripal Chandrakant Gandhi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Pl No 37/B Rajvilas Socy Koregaon Park, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2018, the company reported a revenue of ₹184.39 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹21.88 Cr (net margin -11.9%) and EBITDA of -₹20.65 Cr (EBITDA margin -11.2%). Revenue has grown at a compounded annual rate (CAGR) of 128% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Swipe Technologies. As per MCA filings, the company has satisfied charges of ₹14.14 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 3 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.08 Cr; the latest was in May 2017.
The last known website on record is justswipe.com.
Company details
Name history
Starconn Mobility has undergone 2 name changes throughout its history. The company was previously known as Pranshu Financial Consultants Private Limited, and Swipe Technologies Private Limited. The current legal name is Starconn Mobility Private Limited.
| Company Name | Status |
|---|---|
| Starconn Mobility Private Limited | Current |
| Pranshu Financial Consultants Private Limited | Previous |
| Swipe Technologies Private Limited | Previous |
CIN history
Starconn Mobility has one previous CIN (Corporate Identification Number): U67190PN2013PTC146015. The current CIN is U72200PN2013PTC146015, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200PN2013PTC146015 | Current |
| U67190PN2013PTC146015 | Previous |
Contact details
Starconn Mobility Private Limited's registered office is in Pune, Maharashtra. Its website is justswipe.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPl No 37/B Rajvilas Socy Koregaon Park, Pune, Maharashtra, India – 411001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Starconn Mobility 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
Brands
Starconn Mobility operates one associated brand: Swipe Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile phones and accessories are manufactured for budget segments. | justswipe.com |
Business activity
The main business activity of Starconn Mobility is information and communication. In detail, this covers computer programming, consultancy and related activities and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Starconn Mobility Private Limited, buy the company report.
Financials of Starconn Mobility Private Limited
FY 2018 filings availableStarconn Mobility Private Limited reported revenue of ₹184.39 Cr (up 40% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 128% over three years, including 40% growth 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹184.39 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹20.65 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹21.88 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -11.2% | |||
| Net Profit Margin | -11.9% | |||
| 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 Starconn Mobility Private Limited, buy the company report.
Board of directors of Starconn Mobility Private Limited
Starconn Mobility has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aman Nandlal Gupta Also directs: Cosmos Mobility LLP, Vihit Dwellings Private Limited, Fortuity Infrabuildtech Private Limited and 5 more | Director | 20 Aug 2014 | 12 Years 2 Months | As last reported |
| Shripal Chandrakant Gandhi Also directs: Cosmos Mobility LLP, Gandhi Ventures LLP | Director | 20 Aug 2014 | 12 Years 2 Months | As last reported |
Auditor
Starconn Mobility Private Limited is audited by S A N S & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A N S & ASSOCIATES | FY 2018 | 118558W |
Shareholding
The shareholding of Starconn Mobility 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 Starconn Mobility Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2015 | 10587066 | State Bank of India | ₹14.14 Cr | Satisfied |
To see the full charge records of Starconn Mobility Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Starconn Mobility Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.08 Cr; the latest was in May 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Funding round | ₹5.4 Cr | Investors: Swipe Innovations Pte Limited |
| Dec 2016 | Funding round | ₹68.3 Lakh | Investors: Swipe Innovations Pte Limited |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2014 | Funding round | ₹99 Lakh | Investors: Swipe Innovations Pte Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Starconn Mobility Private 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
Starconn Mobility Private Limited has 7 court cases on record: 1 filed by Starconn Mobility, 6 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 3 | 2 | 0 |
| District courts | 2 | 2 | 1 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Drive India Enterprise Solutions Ltd. | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Drive India Enterprise Solutions Limited Through Its Authorized Representative 7, Kamla Executive Park, Off Andheri Kurla Road, Andheri (East) ,Mumbai , Maharashtra and 4 others | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Drive India Enterprise Solutions Ltdthrough Its Authorised Signatory Mr Rajnish Dugar | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (2808-Mercantile Laws, Commercial Transactions Including Banking : Others) | Filed against the company by Swipe Innovations Pte Ltd. Through Its Authorized Signatory Mr. Nitesh Harish Agarwal Office at: 9, Raffels Place, No 27-00, Republic Plaza, Singapore-04861 | Disposed |
To see the full case history of Starconn Mobility 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 Starconn Mobility Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Starconn Mobility Private Limited has a workforce of 13 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Starconn Mobility has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Starconn Mobility Private Limited, buy the company report.
Recent activity
Starconn Mobility Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Sumit Roshanlal Bansal ceased to be Director on 10 Jan 2015.
1 earlier event is in the company report.
News
Frequently asked questions
Starconn Mobility is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Starconn Mobility is a company under liquidation, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 15 January 2013 and is registered under CIN U72200PN2013PTC146015. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Starconn Mobility has 2 current directors:
- Aman Nandlal Gupta - Director
- Shripal Chandrakant Gandhi - Director
The latest financial statements of Starconn Mobility on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Starconn Mobility is U72200PN2013PTC146015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starconn Mobility has no open charges and satisfied charges of ₹14.14 Cr as per latest MCA filings.
Starconn Mobility has 7 court cases on record: 1 filed by the company and 6 filed against it. 3 are pending. Most are in the supreme court.
Starconn Mobility was incorporated on 15 January 2013. It is registered with the Registrar of Companies, Pune.
Starconn Mobility has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹7.08 Cr; the latest was in May 2017.
Sumit Roshanlal Bansal ceased to be Director on 10 Jan 2015. Aman Nandlal Gupta ceased to be Additional Director on 30 Sep 2014. Shripal Chandrakant Gandhi ceased to be Additional Director on 30 Sep 2014. Starconn Mobility has 7 board changes on record in total.