About Starlite Lighting Limited
Data last updated:
Starlite Lighting Limited was a public limited company based in Wadivarhe, 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 electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 04 July 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31300MH1995PLC090213. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹102.5 Cr and a paid-up capital of ₹102.5 Cr. It was formerly known as Starlite Lighting Private Limited and Starlite Caps Private Limited. It was led by directors including Amit Bhalla and Meeta Jaisingh Khalsa.
Its last annual general meeting (AGM) was held on 11 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Gat Nos 423 To 426 Wadivarhe Tal: Igatpuri Agra – Mumbai Highway Opp. Rothe Erde Ind, Ia Pvt Ltd, Maharashtra, India – 422403.
As per the financials filed for FY 2022, the company reported a revenue of ₹198.39 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹39.83 Cr (net margin -20.1%) and EBITDA of ₹24.92 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company had about 864 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Starlite Lighting. As per MCA filings, the company had satisfied charges of ₹675.67 Cr on record. Court records list 19 cases involving the company, including 14 filed by the company and 5 filed against it; 1 case is pending. The company has 15 deals on record (6 funding rounds, 6 secondary share transfers, 3 debt financings), with disclosed funding of ₹292.5 Cr; the latest was in May 2021. The company has 10 MSME Form 1 returns on record between 2019 and 2022, listing 3,130 overdue payments to 111 micro and small suppliers.
The last known website on record is starlitelighting.com.
Company details
Name history
Starlite Lighting has undergone 2 name changes throughout its history. The company was previously known as Starlite Lighting Private Limited, and Starlite Caps Private Limited. The current legal name is Starlite Lighting Limited.
| Company Name | Status |
|---|---|
| Starlite Lighting Limited | Current |
| Starlite Lighting Private Limited | Previous |
| Starlite Caps Private Limited | Previous |
CIN history
Starlite Lighting has one previous CIN (Corporate Identification Number): U31300MH1995PTC090213. The current CIN is U31300MH1995PLC090213, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31300MH1995PLC090213 | Current |
| U31300MH1995PTC090213 | Previous |
Contact details
Starlite Lighting Limited's registered office is in Wadivarhe, Maharashtra. Its website is starlitelighting.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat Nos 423 To 426 Wadivarhe Tal: Igatpuri Agra – Mumbai Highway Opp. Rothe Erde Ind, Ia Pvt Ltd, Maharashtra, India – 422403
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Starlite Lighting 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
Starlite Lighting operates one associated brand: Starlite Lighting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LED lighting systems are manufactured by Starlite Lighting. | starlitelighting.com |
Business activity
The main business activity of Starlite Lighting is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Starlite Lighting Limited, buy the company report.
Financials of Starlite Lighting Limited
FY 2022 filings availableStarlite Lighting Limited reported revenue of ₹198.39 Cr (up 6% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 6% growth in the latest year. EBITDA rose 106% 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 | ₹198.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39.83 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | -20.1% | ||||
| 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 Starlite Lighting Limited, buy the company report.
Board of directors of Starlite Lighting Limited
Starlite Lighting has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Bhalla | Director | 26 Oct 2018 | 8 Years 0 Months | As last reported |
| Meeta Jaisingh Khalsa | Director | 28 Apr 2021 | 5 Years 6 Months | As last reported |
| Shekhar Bajaj | Director | 25 Jun 2007 | 19 Years 4 Months | As last reported |
| Praveen Singh | Director | 28 Jan 2022 | 4 Years 9 Months | As last reported |
| Samir Dhirajlal Shrimankar Also directs: Hind Lamps Private Limited, Bajaj International Private Limited, Rapidkart Online Private Limited and 3 more | Director | 05 Nov 2015 | 11 Years 0 Months | As last reported |
Auditor
Starlite Lighting Limited is audited by SRBC & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBC & CO LLP | FY 2022 | 324982E/E300003 |
Shareholding
The shareholding of Starlite Lighting Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Starlite Lighting Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2019 | 100292383 | Tata Capital Financial Services Limited | ₹25 Cr | Satisfied | |
| 24 Oct 2018 | 100239347 | Others | ₹25 Cr | Satisfied | |
| 24 Oct 2018 | 100239346 | Others | ₹35 Cr | Satisfied | |
| 01 Sep 2017 | 100136572 | Others | ₹40 Cr | Satisfied | |
| 26 Jul 2016 | 100051607 | Tata Capital Financial Services Limited | ₹70 Cr | Satisfied |
To see the full charge records of Starlite Lighting Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Starlite Lighting Limited has 15 deals on record (6 funding rounds, 6 secondary share transfers, 3 debt financings), with disclosed funding of ₹292.5 Cr; the latest was in May 2021.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2021 | Funding round | ₹45 Cr | Investors: Bajaj Electricals Limited , 3 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Banshi Agro and Marine Farm Private Limited , Laxmidhan Trade & Invstmnt Co Private Limited, an individual |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Bajaj Electricals Limited Seller: Reprolite Papers (I) Private Limited, Starlite Components Limited , 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Jamnalal Sons Private Limited Seller: Bajaj Electricals Limited |
| Mar 2007 | Funding round | ₹7.5 Cr | Investors: Bajaj Electricals Limited |
To see the full deal history of Starlite Lighting 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
Starlite Lighting Limited has 19 court cases on record: 14 filed by Starlite Lighting, 5 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 1 | 1 |
| High courts | 8 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against The Shipping Corporation of India Limited (Govt of India Enterprise) | Disposed |
| Bombay High Court | Company petition | Filed against the company by The Shipping Corporation of India Limited | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against The Shipping Corporation of India Ltd. | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against The Shipping Corporation of India Ltd. | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
To see the full case history of Starlite Lighting 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.
Credit ratings & regulatory alerts
Starlite Lighting Limited was last rated by Icra on 07 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Apr 2022 |
To see the full credit ratings and regulatory alerts of Starlite Lighting Limited, buy the company report.
MSME payment delays
Starlite Lighting Limited has 10 MSME Form 1 returns on record between 2019 and 2022, listing 3,130 overdue payments to 111 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 111)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ramesh Industries | |||
| Shree Insupac | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Starlite Lighting Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Starlite Lighting Limited has a workforce of 864 employees on its EPFO records as of Sep 2022, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 864 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Starlite Lighting Limited, buy the company report.
GST
Starlite Lighting 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 Starlite Lighting Limited, buy the company report.
Recent activity
Starlite Lighting Limited has 21 board changes on record since 2007: 5 appointments and 16 cessations. The latest: Praveen Singh ceased to be Additional Director on 11 Aug 2022.
65 earlier events are in the company report.
Frequently asked questions
Starlite Lighting 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.
Starlite Lighting was a public limited company based in Wadivarhe, Maharashtra, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 04 July 1995 and is registered under CIN U31300MH1995PLC090213. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Starlite Lighting was incorporated on 04 July 1995. It is registered with the Registrar of Companies, Mumbai.
Starlite Lighting had 5 directors:
- Amit Bhalla - Director
- Meeta Jaisingh Khalsa - Director
- Shekhar Bajaj - Director
- Praveen Singh - Director
- Samir Dhirajlal Shrimankar - Director
The CIN (Corporate Identification Number) of Starlite Lighting is U31300MH1995PLC090213. 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 Starlite Lighting is at Gat Nos 423 To 426 Wadivarhe Tal: Igatpuri Agra – Mumbai Highway Opp. Rothe Erde Ind, Ia Pvt Ltd, Maharashtra, India – 422403.
Starlite Lighting can be reached through the website starlitelighting.com. Its registered office is in Wadivarhe, Maharashtra, India.
The latest financial statements of Starlite Lighting on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 11 August 2022. Year-wise statements from 2015 are in the company report.
No. Starlite Lighting has 4 GST registrations on record and all of them are cancelled or inactive.
Starlite Lighting operated in the consumer electronics and durables industry, in the electronics manufacturing segment.
Starlite Lighting has 15 deals on record (6 funding rounds, 6 secondary share transfers, 3 debt financings), with disclosed funding of ₹292.5 Cr; the latest was in May 2021.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
