Starwing Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Mumbai, Maharashtra, India, established in 1994.
1994 Mumbai, Maharashtra, India Active
Last Updated:
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About Starwing Developers Private Limited

Starwing Developers Private Limited, a active private limited company, was established on 20 April 1994 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U65990MH1994PTC077850. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹4.50 Cr.

Formerly known as Elect Finance & Investments Company Private Limited. It upholds a compliant status. Employing 26 professional, Its leadership includes Rajeev Rameshkumar Dube (Managing Director), Jitendra Nathuram Vora (Director). Past directors included Karan Rajeev Dube, Rajeev Rameshkumar Dube, Rohan Rajeev Dube. It holds ₹220.62 Cr open charges and ₹163.68 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 501 - Kaatyayni Business Center, Off Mahakali Caves Road, M.I.D.C. Marol Bus Depot, An, Dheri (E), Mumbai, Maharashtra, 400093.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65990MH1994PTC077850

  • Registration Number

    077850

  • Incorporation Date

    20 April 1994

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹4.50 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 220.62 Cr
  • Satisfied Charges ₹ 163.68 Cr
  • Revenue Growth **** -26.25%
  • Profit Growth **** -27.20%
  • Ebitda **** -9.37%
  • Net Worth 15.66%
  • Total Assets -7.03%
Company report

Starwing Developers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Starwing Developers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Starwing Developers Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajeev Rameshkumar Dube Managing Director 10 May 1994 Current
Jitendra Nathuram Vora Director 06 Dec 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 14 Dec 2016 Past
Pramod Abcsdd Director 01 Apr 2011 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Additional Director 21 Aug 2013 Past

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Financial Performance of Starwing Developers.

Starwing Developers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.25% decrease. The company also saw a substantial fall in profitability, with a 27.2% decrease in profit. The company's net worth Soared by an impressive increase of 15.66%.

Starwing Developers revenue growth over time
Starwing Developers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -26.25%
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Revenue from Operations
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 -26.36%
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Total Assets
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 -7.03%
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*******
*******
Profit or Loss
*******
 -27.20%
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Net Worth
*******
 15.66%
*******
*******
*******
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EBITDA
*******
 -9.37%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Starwing Developers?

In 2023, Starwing Developers had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,206,199,950.00

Satisfied Charges

₹1,636,750,000.00

Charges Breakdown by Lending Institutions
  • Tata Capital Housing Finance Limited : 160.00 Cr
  • Others : 57.50 Cr
  • Hdfc Bank Limited : 3.12 Cr
Latest Charge Details
Date Lender Amount Status
11 Sep 2025 Others ₹32.50 Cr Open
30 Mar 2023 Others ₹25.00 Cr Open
04 Feb 2023 Hdfc Bank Limited ₹3.12 Cr Open
08 Jul 2019 Tata Capital Housing Finance Limited ₹160.00 Cr Open
21 Oct 2017 Others ₹65.00 Cr Satisfied

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How Many Employees Work at Starwing Developers?

Starwing Developers has a workforce of 26 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Starwing Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Starwing Developers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Starwing Developers
Recent Activity within the Organization
  • Charges

    The activity A charge with Others amounted to Rs. 32.50 Cr with Charge ID 101166243 was registered on 11 Sep 2025. was completed.

  • Annual General Meeting

    Progress on Starwing Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    Progress on A charge registered on 31 Jul 2013 via Charge ID 10440732 with Icici Bank Limited was fully satisfied on 06 May 2024. was documented.

  • Balance Sheet

    The activity Starwing Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge registered on 19 Apr 2014 via Charge ID 10496444 with Others was fully satisfied on 01 Sep 2023. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100740791 was registered on 30 Mar 2023. was documented.

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Frequently Asked Questions
What is the CIN of Starwing Developers Private Limited?

The CIN of Starwing Developers Private Limited is U65990MH1994PTC077850.

Where is Starwing Developers Private Limited headquartered?

Starwing Developers Private Limited is headquartered at 501 - Kaatyayni Business Center, Off Mahakali Caves Road, M.I.D.C. Marol Bus Depot, An, Dheri (E), Mumbai, Maharashtra, 400093.

When was Starwing Developers Private Limited incorporated?

Starwing Developers Private Limited was incorporated on 20 April 1994.

Who are the current directors of Starwing Developers Private Limited?

The current directors of Starwing Developers Private Limited are

What is the primary industry of Starwing Developers Private Limited?

The primary industry of Starwing Developers Private Limited is Construction.

Is Starwing Developers Private Limited a listed company?

Starwing Developers Private Limited is unlisted.

What is the capital structure of Starwing Developers Private Limited?

The authorized capital of Starwing Developers Private Limited is ₹10.00 Cr, and the paid-up capital is ₹4.50 Cr.

What is the compliance status of Starwing Developers Private Limited?

The compliance status of Starwing Developers Private Limited is Compliant.

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