Sturlite Electric Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Bangalore North, Karnataka, India, established in 2020.
2020 Bangalore North, Karnataka, India Active
Last Updated:
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About Sturlite Electric Private Limited

Sturlite Electric Private Limited, a active private limited company, was established on 01 April 2020 in Bangalore North, Karnataka, India. Engaging in electronics manufacturing within the trade sector, it holds CIN: U74140KA2020PTC133638. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹3.47 Cr and a paid-up capital of ₹3.47 Cr.

Its leadership includes Sandeep Kantilal (Director), Sanjaykumar Jain (Director), Chandanmal Mukesh Jain (Director). It holds ₹244.84 Cr open charges and ₹54.80 Cr settled loans. Its latest AGM occurred on 30 November 2024, with the balance sheet filed on 31 March 2024. It is based at #98, Regency 1St Floor, Railway Paralell Road,, Kumara Park West Bengaluru - 560020, Bangalore North, Karnataka, 560020.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74140KA2020PTC133638

  • Registration Number

    133638

  • Incorporation Date

    01 April 2020

  • Authorized Capital

    ₹3.47 Cr

  • Paid-Up Capital

    ₹3.47 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.47 Cr
  • Paid Up Capital ₹ 3.47 Cr
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 244.84 Cr
  • Satisfied Charges ₹ 54.80 Cr
  • Revenue Growth **** 45.27%
  • Profit Growth **** 23.29%
  • Ebitda **** 27.35%
  • Net Worth 66.12%
  • Total Assets **** 35.52%
Company report

Sturlite Electric Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Sturlite Electric 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 Sturlite Electric Private Limited?
Current Directors
Name Designation Appointment Date Status
Sandeep Kantilal Director 01 Apr 2020 Current
Sanjaykumar Jain Director 01 Apr 2020 Current
Chandanmal Mukesh Jain Director 01 Apr 2020 Current

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Financial Performance of Sturlite Electric.

Sturlite Electric Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.27% increase. The company also saw a substantial improvement in profitability, with a 23.29% increase in profit. The company's net worth Soared by an impressive increase of 66.12%.

Sturlite Electric revenue growth over time
Sturlite Electric 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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 45.27%
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*******
Revenue from Operations
*******
 45.25%
*******
*******
*******
*******
Total Assets
*******
 35.52%
*******
*******
*******
*******
Profit or Loss
*******
 23.29%
*******
*******
*******
*******
Net Worth
*******
 66.12%
*******
*******
*******
*******
EBITDA
*******
 27.35%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sturlite Electric?

In 2023, Sturlite Electric had a promoter holding of 100.00%. The company had 1 Subsidiary. 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

₹2,448,378,000.00

Satisfied Charges

₹548,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 115.76 Cr
  • Hdfc Bank Limited : 63.85 Cr
  • Citi Bank N.A. : 35.00 Cr
  • Axis Bank Limited : 30.24 Cr
Latest Charge Details
Date Lender Amount Status
14 Oct 2025 Axis Bank Limited ₹2.37 M Open
05 Jul 2025 Axis Bank Limited ₹30.00 Cr Open
24 Feb 2025 Others ₹2.60 M Open
01 Oct 2024 Others ₹4.45 M Open
28 Aug 2024 Others ₹49.90 Cr Open

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How Many Employees Work at Sturlite Electric?

Unlock and access historical data on people associated with Sturlite Electric, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Sturlite Electric, 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 Sturlite Electric'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 Sturlite Electric
Recent Activity within the Organization
  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101170538 was registered on 14 Oct 2025. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 30.00 Cr with Charge ID 101131031 was registered on 05 Jul 2025. was documented.

  • Charges

    Progress on A charge with Others of Rs. 30.00 Cr registered on 03 Aug 2023 with Charge ID 100770989 was modified on 27 Mar 2025. was documented.

  • Charges

    A charge with Others of Rs. 49.90 Cr registered on 28 Aug 2024 with Charge ID 100990007 was modified on 17 Mar 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 35.00 Cr registered on 07 Aug 2024 with Charge ID 100968974 was modified on 17 Mar 2025. was completed.

  • Charges

    A charge with Citi Bank N.A. of Rs. 35.00 Cr registered on 22 Sep 2023 with Charge ID 100802497 was modified on 17 Mar 2025. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Sturlite Electric Private Limited?

The CIN of Sturlite Electric Private Limited is U74140KA2020PTC133638.

Where is Sturlite Electric Private Limited headquartered?

Sturlite Electric Private Limited is headquartered at #98, Regency 1St Floor, Railway Paralell Road,, Kumara Park West Bengaluru - 560020, Bangalore North, Karnataka, 560020.

When was Sturlite Electric Private Limited incorporated?

Sturlite Electric Private Limited was incorporated on 01 April 2020.

Who are the current directors of Sturlite Electric Private Limited?

The current directors of Sturlite Electric Private Limited are

What is the primary industry of Sturlite Electric Private Limited?

The primary industry of Sturlite Electric Private Limited is Trade.

Is Sturlite Electric Private Limited a listed company?

Sturlite Electric Private Limited is unlisted.

What is the capital structure of Sturlite Electric Private Limited?

The authorized capital of Sturlite Electric Private Limited is ₹3.47 Cr, and the paid-up capital is ₹3.47 Cr.

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