Firestar International Limited - Company Profile

It is a consumer goods public limited company based in Mumbai, Maharashtra, India, established in 2004.

2004 Mumbai, Maharashtra, India Under Liquidation

Last Updated: July 26, 2025

About Firestar International Limited

Firestar International Limited, a under liquidation public limited company, was established on 01 April 2004 in Mumbai, Maharashtra, India. Engaging in watches & jewelry manufacturing within the manufacturing sector, it holds CIN: U51909MH2004PLC145478. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1,000.00 Cr and a paid-up capital of ₹194.65 Cr.

Formerly known as Firestar International Private Limited, Firestone International Private Limited. It upholds a active non-compliant status. Employing 819 professional, Its leadership includes Nirav Deepak Modi (Director), Haresh Vrajlal Shah (Whole-Time Director), Angelina Nguyen (Director). Past directors included Prakash Mallya, Sanjay Rishi, Hemant Dahyalal Bhatt. It holds ₹3,726.00 Cr open charges and ₹4,393.21 Cr settled loans. Its latest AGM occurred on 30 September 2017, with the balance sheet filed on 31 March 2017. It is based at 2001 & 2002, 20Th Floor, Peninsula Business Park, Tower B, Ganpatrao Kadam Marg, Lower Par, El,, Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
U51909MH2004PLC145478
Registration Number
145478
Incorporation Date
01 April 2004
Authorized Capital
₹1,000.00 Cr
Paid-Up Capital
₹194.65 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Under Liquidation

Key Metrics

Authorised Capital ₹ 1,000.00 Cr as on 26-07-2025
Paid Up Capital ₹ 194.65 Cr as on 26-07-2025
Company Age 21 Year, 11 Months
Last Filing with ROC 31 Mar 2017
Open Charges ₹ 3,726.00 Cr as on 26-07-2025
Satisfied Charges ₹ 4,393.21 Cr as on 26-07-2025
Revenue Growth **** 10.32% (FY 2016)
Profit Growth **** 46.46% (FY 2016)
Ebitda **** 27.29% (FY 2016)
Net Worth 23.50% (FY 2016)
Total Assets **** 37.64% (FY 2016)

Comprehensive Company Insights

Explore comprehensive insights into Firestar International 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 Firestar International Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nirav Deepak Modi	Director	01 Apr 2004	Current
Haresh Vrajlal Shah	Whole-Time Director	01 Apr 2015	Current
Angelina Nguyen	Director	06 Jan 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Nov 2009	Past
Pramod Abcsdd	Director	07 Feb 2018	Past
Pramod Abcsdd	Director	31 Mar 2008	Past
Pramod Abcsdd	Director	20 Mar 2009	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	31 Dec 2008	Past

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Financial Performance of Firestar International.

Firestar International Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 10.32% increase. The company also saw a substantial improvement in profitability, with a 46.46% increase in profit. The company's net worth Soared by an impressive increase of 23.5%.

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

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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

********

10.32%

*******

Revenue from Operations

*******

10.26%

*******

Total Assets

*******

37.64%

*******

Profit or Loss

*******

46.46%

*******

Net Worth

*******

23.50%

*******

EBITDA

*******

27.29%

*******

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What is the Ownership and Shareholding Structure of Firestar International?

In 2017, Firestar International had a promoter holding of 94.56% and a public holding of 5.44%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹37,260,000,000.00

Satisfied Charges

₹43,932,100,000.00

Charges Breakdown by Lending Institutions

Others : 2480.00 Cr
Pnb Investment Services Limited : 846.00 Cr
Punjab National Bank : 400.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
11 Sep 2015	Punjab National Bank	₹400.00 Cr	Open
04 Feb 2015	Pnb Investment Services Limited	₹846.00 Cr	Open
08 Aug 2012	Others	₹2,480.00 Cr	Open
19 Jul 2014	Allahabad Bank	₹100.00 Cr	Satisfied
22 Mar 2014	Bank Of Maharashtra	₹95.00 Cr	Satisfied

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How Many Employees Work at Firestar International?

Firestar International has a workforce of 819 employees as of Mar 23, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Firestar International, 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 Firestar International's trajectory.

Rating

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

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 Firestar International

Recent Activity within the Organization

Charges

A charge with Others of Rs. 2,480.00 Cr registered on 08 Aug 2012 with Charge ID 10372605 was modified on 11 Dec 2017. was recorded as a recent event.
11 Dec 2017
Annual General Meeting

The activity Firestar International Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was completed.
30 Sep 2017
Balance Sheet

Firestar International Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai. was recorded as a recent event.
31 Mar 2017
Director Appointment

Angelina Nguyen was appointed as a Director was appointed as a Director on 06 Jan 2017 & has been associated with this company since 9 years 1 month . was recorded as a recent event.
06 Jan 2017
Charges

A charge registered on 01 Apr 2004 via Charge ID 90145103 with Canara Bank (Lead Bank) And 10 Others was fully satisfied on 05 Feb 2016. was recorded as a recent event.
05 Feb 2016
Charges

Progress on A charge registered on 01 Mar 2013 via Charge ID 10413245 with Vijaya Bank was fully satisfied on 14 Jan 2016. was documented.
14 Jan 2016

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