Starnel Consulting & Engineering Private Limited

Starnel Consulting & Engineering Private Limited - information technology in Mysore, Karnataka, India. FY 2026 financials & compliance.
CIN U74140KA2013PTC069880 Incorporated 28 June 2013 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2017
₹10.92 Lakh
▲ 217% YoY
Net profit · FY 2017
₹9,067
Net margin 0.8%
EBITDA · FY 2017
₹35,329
EBITDA margin 3.2%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹9.81 Lakh
Issued & subscribed
Open charges
₹32.6 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings

About Starnel Consulting & Engineering Private Limited

Data last updated:

Starnel Consulting & Engineering Private Limited is a private limited company based in Mysore, Karnataka, India, recognised as a startup by DPIIT. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 28 June 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2013PTC069880. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9.81 Lakh. It is led by directors Bojanna Nellamakkada Somaiah and Nallamakkala Muthanna Somaiah.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at #Mig 935 20th Cross D Block 1st Stage J. P. Nagar, Mysore, Karnataka, India – 570008.

As per the financials filed for FY 2017, the company reported a revenue of ₹10.92 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9,067 (net margin 0.8%) and EBITDA of ₹35,329 (EBITDA margin 3.2%).

The company is associated with 1 brand: StarNel. As per MCA filings, the company has open charges of ₹32.6 Lakh on record.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website starnel.com.

Company Details of Starnel Consulting & Engineering Private Limited
CIN U74140KA2013PTC069880
Registration Number 069880
Incorporation Date 28 June 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    #Mig 935 20th Cross D Block 1st Stage J. P. Nagar, Mysore, Karnataka, India – 570008
  • Industry
    Information Technology, Consultancy, Computer Programming
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Financials, compliance, directors, charges, ownership and filings for Starnel Consulting & Engineering Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Starnel Consulting & Engineering Private Limited

Starnel Consulting & Engineering operates one associated brand: StarNel. Each brand links to its own profile.

BrandDescriptionWebsite
Offers IT consulting, cloud solutions, AI services, and strategic support to businesses.starnel.com

Competitors & Alternatives of Starnel Consulting & Engineering Private Limited

Brands and companies operating in the same space as Starnel Consulting & Engineering Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.

CompetitorDescriptionLocationFounded
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines.Bengaluru, India2011
Mavenir Mavenir Multi-access edge networking computing platform is provided for mobile services.Richardson, United States2005
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS.Chesterbrook, United States1988
Datamatics Datamatics Cloud-based text analytics and cognitive automation services are provided.Mumbai, India1975
Genpact Genpact Provider of end-to-end business process outsourcing servicesNew York, United States1997
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided.Koto City, Japan1967
Endava Endava Endava is engaged in digital transformation and AI-driven solutions.London, United Kingdom2000
Accenture Accenture IT and management consultancy services are provided globally.Dublin, Ireland1989
UST UST High-quality office furniture is provided by UST for various needs.Taiwan1998

Business Activity of Starnel Consulting & Engineering Private Limited

The main business activity of Starnel Consulting & Engineering is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Auditor Details of Starnel Consulting & Engineering Private Limited

Starnel Consulting & Engineering Private Limited is audited by SHARATH UDUPI & CO. for the financial year 2017.

NameStatusAppointment DateCessation Date
SHARATH UDUPI & CO.LockedLockedLocked
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Board of Directors of Starnel Consulting & Engineering Private Limited

Starnel Consulting & Engineering has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Bojanna Nellamakkada SomaiahDirector28 Jun 201313 Years 3 MonthsCurrent
Nallamakkala Muthanna SomaiahDirector28 Jun 201313 Years 3 MonthsCurrent

Financials of Starnel Consulting & Engineering Private Limited FY 2017 filings available

Starnel Consulting & Engineering Private Limited reported revenue of ₹10.92 Lakh (up 217% YoY) for FY 2017.

Revenue · FY 2017
₹10.92 Lakh ▲ 217%
Net profit · FY 2017
₹9,067 margin 0.8%
EBITDA · FY 2017
₹35,329 margin 3.2%

Compounded Annual Growth Rate (CAGR) of Starnel Consulting & Engineering Private Limited

Revenue CAGR growth
1 year
▲ 217%
EBITDA CAGR growth
1 year
▲ 24%

Revenue rose 217% in the latest year. EBITDA rose 24% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Starnel Consulting & Engineering Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹10.92 Lakh••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA₹35,329••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹9,067••••••••
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 of Starnel Consulting & Engineering Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin3.2%••••••••
Net Profit Margin0.8%••••••••
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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Starnel Consulting & Engineering are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Starnel Consulting & Engineering Private Limited

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Charges & Borrowings of Starnel Consulting & Engineering Private Limited

Open charges
₹32.6 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.33 Cr
Latest charge details
DateLenderAmountStatus
15 Feb 2018Others₹32.6 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Starnel Consulting & Engineering Private Limited

Employment history and EPFO contributions of people linked to Starnel Consulting & Engineering.

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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Starnel Consulting & Engineering Private Limited

Starnel Consulting & Engineering has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

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Credit Ratings, Litigation & Regulatory Alerts for Starnel Consulting & Engineering Private Limited

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MSME Payment Delays by Starnel Consulting & Engineering Private Limited

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Subsidiaries & Group Companies of Starnel Consulting & Engineering Private Limited

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MCA Filings & Documents of Starnel Consulting & Engineering Private Limited

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Recent Activity on Starnel Consulting & Engineering Private Limited

Charges
15 Feb 2018
A charge with Others amounted to Rs. 32.60 Lakh with Charge ID 100166944 was registered on 15 Feb 2018.
Activity
30 Sep 2017
Starnel Consulting & Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Activity
31 Mar 2017
Starnel Consulting & Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.
Directors
28 Jun 2013
Bojanna Nellamakkada Somaiah was appointed as a Director on 28 Jun 2013 & has been associated with this company since 13 years 3 months.
Directors
28 Jun 2013
Nallamakkala Muthanna Somaiah was appointed as a Director on 28 Jun 2013 & has been associated with this company since 13 years 3 months.
Activity
28 Jun 2013
Starnel Consulting & Engineering Private Limited was registered on 28 Jun 2013 with Roc Bangalore & aged 13 years 3 months as per MCA records.

Frequently Asked Questions about Starnel Consulting & Engineering Private Limited

Starnel Consulting & Engineering is an active private limited company based in Mysore, Karnataka, India. The company works in consultancy, within the information technology industry. It was incorporated on 28 June 2013 (13+ years old) and is registered under CIN U74140KA2013PTC069880.

Starnel Consulting & Engineering reported revenue of ₹10.92 Lakh for FY 2017 (up 217% YoY).

Starnel Consulting & Engineering has 2 current directors:

Starnel Consulting & Engineering reported a net profit of ₹9,067 (net margin 0.8%) and EBITDA of ₹35,329 (EBITDA margin 3.2%) for FY 2017, as per its filed financial statements.

No. Starnel Consulting & Engineering has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Starnel Consulting & Engineering is U74140KA2013PTC069880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Starnel Consulting & Engineering was incorporated on 28 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.

Yes, Starnel Consulting & Engineering is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Starnel Consulting & Engineering can be reached through the website starnel.com. Its registered office is in Mysore, Karnataka, India.

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