MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-06-0001435
Goldstar Chemicals Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.69 Cr
▼ 90% YoY
Net loss · FY 2025
₹31.12 Lakh
Net margin -18.4%
EBITDA · FY 2025
₹4.16 Lakh
EBITDA margin 2.5%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.02 Cr
Issued & subscribed
Satisfied charges
₹2.25 Cr
No open charges
Company age
39 yrs
Est. 1987
Employees · EPFO
9
Provident fund records
About Goldstar Chemicals Private Limited
Data last updated:
Goldstar Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 27 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1987PTC045101. Its GSTIN is 24AAACG2267J1ZQ (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.02 Cr. It is led by directors including Arun Sehgal and Sakshi Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pushpawati Bldg. No. 1 1st Floor 568 Chira Bazar Girgaon Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.69 Cr, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹31.12 Lakh (net margin -18.4%) and EBITDA of ₹4.16 Lakh (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 38% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Prolife Industries and Prolife Biochemical Industries. As per MCA filings, the company has satisfied charges of ₹2.25 Cr on record.
Goldstar Chemicals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0001435). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prolifebiochem.com.
Company details
CIN U24230MH1987PTC045101
Registration Number 045101
Incorporation Date 27 October 1987
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-06-0001435
Recognitions & Rankings of Goldstar Chemicals
Contact details
Goldstar Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is prolifebiochem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPushpawati Bldg. No. 1 1st Floor 568 Chira Bazar Girgaon Road, Mumbai, Maharashtra, India – 400002
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of Goldstar Chemicals Private Limited, buy the company report.
Comprehensive company report
Goldstar Chemicals Private Limited - one report that includes everything
- 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
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Brands
Goldstar Chemicals operates two associated brands: Prolife Industries and Prolife Biochemical Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Special intermediates for dyes, pigments, pharmaceuticals, and agrochemicals are manufactured. | prolifeindustries.in | |
| Manufactures and exports bulk drugs and specialty chemicals internationally with R&D support. | prolifebiochem.com |
Business activity
The main business activity of Goldstar Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Goldstar Chemicals Private Limited, buy the company report.
Financials of Goldstar Chemicals Private Limited
FY 2025 filings availableGoldstar Chemicals Private Limited reported revenue of ₹1.69 Cr (down 90% YoY) for FY 2025.
Revenue · FY 2025
₹1.69 Cr ▼ 90%
Net loss · FY 2025
₹31.12 Lakh margin -18.4%
EBITDA · FY 2025
₹4.16 Lakh margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 56%
5 years · compounded
▼ 38%
EBITDA CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 79%
5 years · compounded
▼ 61%
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 90% fall in the latest year. EBITDA fell 99% in the latest year. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.12 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 2.5% | ||||
| Net Profit Margin | -18.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Goldstar Chemicals Private Limited, buy the company report.
Board of directors of Goldstar Chemicals Private Limited
Goldstar Chemicals has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Sehgal | Director | 03 Apr 2006 | 20 Years 7 Months | Current |
| Sakshi Kumar | Director | 29 Apr 2024 | 2 Years 6 Months | Current |
| Vijay Shyamsunder Agarwal | Director | 03 Apr 2006 | 20 Years 7 Months | Current |
| Karan Manindersingh Jolly Also directs: Prolife Chemopharma Private Limited, Prolife Bio-Chemical Industries Private Limited, Prolife Echo Infrastructure LLP and 5 more | Director | 20 May 2021 | 5 Years 5 Months | Current |
| Chetan Kapasi Chandrakant | Director | 15 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Goldstar Chemicals Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ambica Orgo-Chem Private Limited | ₹1.7 Cr (FY 2025) | -6.0% | Surat, Gujarat, India | |||
| Mandex Coatings Private Limited | ₹1.69 Cr (FY 2024) | -9.0% | Ernakulam, Kerala, India | |||
| Goldstar Chemicals Private Limitedthis company | ₹1.69 Cr (FY 2025) | -₹31.12 Lakh | -18.4% | -90.0% | Mumbai, Maharashtra, India | |
| Centriexpert Engineers Private Limited | ₹1.68 Cr (FY 2024) | -38.0% | Pune, Maharashtra, India |
To see the full peer comparison of Goldstar Chemicals Private Limited, buy the company report.
Auditor
Goldstar Chemicals Private Limited is audited by D C CHOKSI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D C CHOKSI & CO | FY 2022 | 130735W |
Shareholding
The shareholding of Goldstar Chemicals Private Limited 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 Goldstar Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2010 | 10211835 | Axis Bank Limited | ₹2.25 Cr | Satisfied |
To see the full charge records of Goldstar Chemicals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Goldstar Chemicals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Goldstar Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Goldstar Chemicals has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG2267J1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goldstar Chemicals Private Limited, buy the company report.
Recent activity
Goldstar Chemicals Private Limited has 11 board changes on record since 2006: 5 appointments and 6 cessations. The latest: Sakshi Kumar ceased to be Additional Director on 29 Sep 2024.
AGM
Goldstar Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Goldstar Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Sakshi Kumar ceased to be Additional Director.
Appointed
Sakshi Kumar was appointed as Director.
Ceased
Vijay Shyamsunder Agarwal ceased to be Managing Director.
Charges
A charge registered on 20 Mar 2010 via Charge ID 10211835 with Axis Bank Limited was fully satisfied on 05 Jan 2022.
Ceased
Karan Manindersingh Jolly ceased to be Additional Director.
Appointed
Karan Manindersingh Jolly was appointed as Director.
Ceased
Manindersingh Satnamsingh Jolly ceased to be Director.
Ceased
Chetan Kapasi Chandrakant ceased to be Additional Director.
Appointed
Chetan Kapasi Chandrakant was appointed as Director.
Ceased
Ashok Phoolchand Jain ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Goldstar Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 27 October 1987 (39+ years old) and is registered under CIN U24230MH1987PTC045101.
Goldstar Chemicals has 5 current directors:
- Arun Sehgal - Director
- Sakshi Kumar - Director
- Vijay Shyamsunder Agarwal - Director
- Karan Manindersingh Jolly - Director
- Chetan Kapasi Chandrakant - Director
The latest financial statements of Goldstar Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Goldstar Chemicals is 24AAACG2267J1ZQ, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Goldstar Chemicals is U24230MH1987PTC045101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goldstar Chemicals was incorporated on 27 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Goldstar Chemicals by revenue are Ambica Orgo-Chem Private Limited, Mandex Coatings Private Limited, Centriexpert Engineers Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sakshi Kumar ceased to be Additional Director on 29 Sep 2024. Sakshi Kumar was appointed as Director on 29 Apr 2024. Vijay Shyamsunder Agarwal ceased to be Managing Director on 20 Mar 2024. Goldstar Chemicals has 11 board changes on record in total.
Yes, Goldstar Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-06-0001435).
Goldstar Chemicals can be reached through the website prolifebiochem.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Goldstar Chemicals is at Pushpawati Bldg. No. 1 1st Floor 568 Chira Bazar Girgaon Road, Mumbai, Maharashtra, India – 400002.
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