
Star Forging Pvt Ltd
About Star Forging Pvt Ltd
Data last updated:
Star Forging Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 29 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ1988PTC011569. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Ishwarlal Jadavbhai Jagani and Rajnikant Mohanlal Bhalodia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No 98 Pgidc Indusrial Estate Bamanbore, Rajkot, Gujarat, India – 363520.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.25 Cr (net margin 84.1%) and EBITDA of ₹3.84 Cr (EBITDA margin 99.5%). Revenue has grown at a compounded annual rate (CAGR) of 588% over three years and 288% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Star Forging Pvt Ltd's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressSurvey No 98 Pgidc Indusrial Estate Bamanbore, Rajkot, Gujarat, India – 363520
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Star Forging Pvt Ltd, 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
Financials of Star Forging Pvt Ltd
FY 2024 filings availableStar Forging Pvt Ltd reported revenue of ₹3.86 Cr (up 18735% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 288% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.84 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.25 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.5% | ||||
| Net Profit Margin | 84.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Star Forging Pvt Ltd, buy the company report.
Board of directors of Star Forging Pvt Ltd
Star Forging has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishwarlal Jadavbhai Jagani | Director | 29 Nov 1988 | 37 Years 11 Months | Current |
| Rajnikant Mohanlal Bhalodia | Director | 13 Feb 2015 | 11 Years 8 Months | Current |
| Jaykumar Rajeshkumar Patel Also directs: Anantara Management LLP, Galaxy Cinema (Rajkot) Private Limited | Director | 21 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Star Forging Pvt Ltd is compared with the 7 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NSM Body Works Private Limited | ₹3.91 Cr (FY 2025) | 82.0% | Delhi, India | |||
| Anhalten Fab Engineers Private Limited | ₹3.9 Cr (FY 2025) | -5.0% | Savli, Gujarat, India | |||
| Shreeji Coaters Private Limited | ₹3.88 Cr (FY 2025) | 6.0% | Nashik, Maharashtra, India | |||
| Cad N C Fabricat Private Limited | ₹3.87 Cr (FY 2025) | -2.0% | Pune, Maharashtra, India | |||
| Star Forging Pvt Ltdthis company | ₹3.86 Cr (FY 2025) | ₹3.25 Cr | 84.1% | 18735.0% | 1 | Rajkot, Gujarat, India |
| Raybon Metals Private Limited | ₹3.84 Cr (FY 2025) | -56.0% | Kolkata, West Bengal, India | |||
| Brown's Hi-Tech Structures Pvt Ltd | ₹3.82 Cr (FY 2025) | -12.0% | Telangana, India | |||
| Aikon Engineering India Private Limited | ₹3.82 Cr (FY 2024) | 314.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Star Forging Pvt Ltd, buy the company report.
Auditor
Star Forging Pvt Ltd is audited by SANGHAVI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANGHAVI & CO. | FY 2023 | 109099W |
Shareholding
The shareholding of Star Forging Pvt Ltd 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 Star Forging Pvt Ltd, buy the company report.
Legal cases
Star Forging Pvt Ltd has 5 court cases on record: 1 filed by Star Forging, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Surendranagar, Gujarat | Court case (RCA) | Filed against the company by Gujarat Electricity Board Baroda and 1 other | Disposed |
| District court, Surendranagar, Gujarat | Court case (EXE R) | Filed against the company by Gujarat Electricity Board Baroda and 1 other | Disposed |
| District court, RAJKOT, Gujarat | Court case (SMCST) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by individuals | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Dy Collector of Stamps Valauation | Disposed |
To see the full case history of Star Forging Pvt Ltd, 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 Star Forging Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Star Forging Pvt Ltd has a workforce of 1 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Star Forging has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Star Forging Pvt Ltd, buy the company report.
Recent activity
Star Forging Pvt Ltd has 5 board changes on record since 1988: 3 appointments and 2 cessations. The latest: Jaykumar Rajeshkumar Patel was appointed as Director on 21 Aug 2018.
Frequently asked questions
Star Forging is an active private limited company based in Rajkot, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 29 November 1988 (38+ years old) and is registered under CIN U27109GJ1988PTC011569.
Star Forging has 3 current directors:
- Ishwarlal Jadavbhai Jagani - Director
- Rajnikant Mohanlal Bhalodia - Director
- Jaykumar Rajeshkumar Patel - Director
The latest financial statements of Star Forging on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Star Forging has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Star Forging is U27109GJ1988PTC011569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Forging has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the district courts.
Star Forging was incorporated on 29 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Star Forging by revenue are NSM Body Works Private Limited, Anhalten Fab Engineers Private Limited, Shreeji Coaters Private Limited, Cad N C Fabricat Private Limited, Raybon Metals Private Limited and 2 more, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Jaykumar Rajeshkumar Patel was appointed as Director on 21 Aug 2018. Gopaldas Gordhanbhai Govani ceased to be Director on 31 Jul 2018. Rajeshkumar Govindlal Patel ceased to be Director on 23 Feb 2015. Star Forging has 5 board changes on record in total.
The registered office of Star Forging is at Survey No 98 Pgidc Indusrial Estate Bamanbore, Rajkot, Gujarat, India – 363520.
Star Forging operates in the engineering industry, in the metal foundry and fabrication services segment.

