MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0003511
Goldstar Knits Private Limited
Goldstar Knits Private Limited - fashion and textile in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹27.43 Cr
▼ 17% YoY
Net profit · FY 2024
₹16.34 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹3.25 Cr
EBITDA margin 11.9%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.61 Cr
Issued & subscribed
Open charges
₹67.88 Cr
Satisfied ₹9.28 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
32
Provident fund records
About Goldstar Knits Private Limited
Data last updated:
Goldstar Knits Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 01 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18101PB1996PTC017494. Its GSTIN is 03AAACG5946L1ZI (Punjab).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.61 Cr. It is led by directors including Rajnesh Kumar Jain (Whole-Time Director) and Jaininder Jain (Whole-Time Director).
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 B – Xxiv/2768/1 Sunder Nagar, Ludhiana, Punjab, India – 141007.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.43 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹16.34 Lakh (net margin 0.6%) and EBITDA of ₹3.25 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹67.88 Cr and satisfied charges of ₹9.28 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Goldstar Knits Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0003511). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18101PB1996PTC017494
Registration Number 017494
Incorporation Date 01 January 1996
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0003511
Key People
Rajnesh Kumar Jain Whole-Time Director Jaininder Jain Whole-Time Director Mamta Jain Director Recognitions & Rankings of Goldstar Knits
Contact details
Goldstar Knits Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – Xxiv/2768/1 Sunder Nagar, Ludhiana, Punjab, India – 141007
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Goldstar Knits Private Limited, buy the company report.
Comprehensive company report
Goldstar Knits 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Goldstar Knits is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Goldstar Knits Private Limited, buy the company report.
Financials of Goldstar Knits Private Limited
FY 2024 filings availableGoldstar Knits Private Limited reported revenue of ₹27.43 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹27.43 Cr ▼ 17%
Net profit · FY 2024
₹16.34 Lakh margin 0.6%
EBITDA · FY 2024
₹3.25 Cr margin 11.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 14%
5 years · compounded
▲ 1%
Revenue fell 17% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.34 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Goldstar Knits Private Limited, buy the company report.
Board of directors of Goldstar Knits Private Limited
Goldstar Knits has 7 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 |
|---|---|---|---|---|
| Mamta Jain | Director | 16 Sep 2020 | 6 Years 1 Months | Current |
| Mrinal Jain | Director | 01 Jul 2022 | 4 Years 4 Months | Current |
| Sarvesh Jain | Director | 01 Dec 2014 | 11 Years 11 Months | Current |
| Rajnesh Kumar Jain Also directs: Goldstar Fashions Private Limited | Whole-Time Director | 01 Jan 1996 | 30 Years 10 Months | Current |
| Jaininder Jain Also directs: Goldstar Fashions Private Limited | Whole-Time Director | 01 Jan 1996 | 30 Years 10 Months | Current |
| Sudha Jain | Director | 07 Nov 2005 | 21 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Goldstar Knits Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri N.P.P. Textiles Private Limited | ₹27.48 Cr (FY 2025) | 9.0% | Virudhunagar, Tamil Nadu, India | |||
| Shree Umiya Cotton Ginning and Pressing Private Limited | ₹27.47 Cr (FY 2020) | 2.0% | Amreli, Gujarat, India | |||
| B.R.Elastics (India) Private Limited | ₹27.46 Cr (FY 2024) | -30.0% | Tirupur, Tamil Nadu, India | |||
| Hannu Knitters Private Limited | ₹27.45 Cr (FY 2024) | -5.0% | Tirupur, Tamil Nadu, India | |||
| Prathvi Textiles (India) Private Limited | ₹27.44 Cr (FY 2024) | -14.0% | Salem, Tamil Nadu, India | |||
| Goldstar Knits Private Limitedthis company | ₹27.43 Cr (FY 2024) | ₹16.34 Lakh | 0.6% | -17.0% | 32 | Ludhiana, Punjab, India |
| J S Yarn Tex Private Limited | ₹27.4 Cr (FY 2025) | -12.0% | Uttar Pradesh, India | |||
| Kajol Dresses Pvt Ltd | ₹27.4 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Seasons Textiles Limited | ₹27.4 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Mohak Woollens Private Limited | ₹27.39 Cr (FY 2025) | -23.0% | Delhi, India |
To see the full peer comparison of Goldstar Knits Private Limited, buy the company report.
Auditor
Goldstar Knits Private Limited is audited by Dass Khanna & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dass Khanna & Company | FY 2022 | 000402N |
Shareholding
The shareholding of Goldstar Knits Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goldstar Knits Private Limited, buy the company report.
Charges & borrowings
Open charges
₹67.88 Cr
Satisfied charges
₹9.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2025 | 101091686 | Hdfc Bank Limited | ₹26 Lakh | Open | |
| 05 Apr 2025 | 101083814 | Hdfc Bank Limited | ₹26 Lakh | Open | |
| 12 Dec 2024 | 101022081 | Sidbi | ₹7.48 Cr | Open | |
| 05 Oct 2024 | 101005794 | Hdfc Bank Limited | ₹19.12 Lakh | Open | |
| 20 May 2024 | 100945781 | Hdfc Bank Limited | ₹29.77 Cr | Open |
To see the full charge records of Goldstar Knits Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Goldstar Knits Private Limited has 2 court cases on record: 1 filed by Goldstar Knits, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S S.S. Vardhman Knitwears Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Ashish Knitwear and 1 other | Disposed |
To see the full case history of Goldstar Knits Private Limited, 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
Goldstar Knits Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 139 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Decent Finishers Ludhiana | |||
| an individual supplier | |||
| Navneet Synthetics Limited | |||
| Marjara Plastic & Machinery Corp. Ludhiana | |||
| Ceasefire Industries Private Limited |
To see the full MSME payment records of Goldstar Knits Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Goldstar Knits Private Limited has a workforce of 32 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
3.23%
GST
Goldstar Knits has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACG5946L1ZI | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goldstar Knits Private Limited, buy the company report.
Recent activity
Goldstar Knits Private Limited has 13 board changes on record since 1996: 7 appointments and 6 cessations. The latest: Manan Jain was appointed as Additional Director on 16 Jun 2025.
Appointed
Manan Jain was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 101091686 was registered on 05 Apr 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 101083814 was registered on 05 Apr 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 29.77 Cr registered on 20 May 2024 with Charge ID 100945781 was modified on 01 Feb 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 29.77 Cr registered on 28 Apr 2014 with Charge ID 10505097 was modified on 31 Dec 2024.
Charges
A charge with Sidbi amounted to Rs. 7.48 Cr with Charge ID 101022081 was registered on 12 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 101005794 was registered on 05 Oct 2024.
AGM
Goldstar Knits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 29.77 Cr with Charge ID 100945781 was registered on 20 May 2024.
Filing
Goldstar Knits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Ceased
Mrinal Jain ceased to be Additional Director.
Appointed
Mrinal Jain was appointed as Director.
28 earlier events are in the company report.
Frequently asked questions
Goldstar Knits is an active private limited company based in Ludhiana, Punjab, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 01 January 1996 (30+ years old) and is registered under CIN U18101PB1996PTC017494.
Goldstar Knits has 7 current directors:
- Rajnesh Kumar Jain - Whole-Time Director
- Jaininder Jain - Whole-Time Director
- Mamta Jain - Director
- Mrinal Jain - Director
- Sarvesh Jain - Director
- Sudha Jain - Director
- Manan Jain - Additional Director
The latest financial statements of Goldstar Knits 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.
The GSTIN of Goldstar Knits is 03AAACG5946L1ZI, registered in Punjab.
The CIN (Corporate Identification Number) of Goldstar Knits is U18101PB1996PTC017494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goldstar Knits has 2 court cases on record: 1 filed by the company and 1 filed against it.
Goldstar Knits was incorporated on 01 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Goldstar Knits by revenue are Shri N.P.P. Textiles Private Limited, Shree Umiya Cotton Ginning and Pressing Private Limited, B.R.Elastics (India) Private Limited, Hannu Knitters Private Limited, Prathvi Textiles (India) Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Manan Jain was appointed as Additional Director on 16 Jun 2025. Mrinal Jain ceased to be Additional Director on 30 Sep 2022. Mrinal Jain was appointed as Director on 01 Jul 2022. Goldstar Knits has 13 board changes on record in total.
Yes, Goldstar Knits is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0003511).
Goldstar Knits has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 139 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 May 2019.
The registered office of Goldstar Knits is at B – Xxiv27681 Sunder Nagar, Ludhiana, Punjab, India – 141007.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages