About Star Trace Private Limited
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Star Trace Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 September 1998.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51103TN1998PTC041085. Its GSTIN is 33AAGCS1572A1ZU (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.95 Cr. It is led by directors including Parthiban Maheswaran (Managing Director) and Kathirvel Nadar Parthiban Rasu (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at New No : 5 Old No : 7 Jeevanandham Street Redhills, Chennai, Tamil Nadu, India – 600052.
As per the financials filed for FY 2020, the company reported a revenue of ₹13.99 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹14.59 Lakh (net margin 1%) and EBITDA of ₹3.99 Cr (EBITDA margin 28.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 13% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.13 Cr and satisfied charges of ₹20 Lakh on record. Court records list 15 cases involving the company, including 2 filed by the company and 13 filed against it; 3 cases are pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in October 2019.
The last known website on record is startrace.co.in.
Company details
Contact details
Star Trace Private Limited's registered office is in Chennai, Tamil Nadu. Its website is startrace.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNew No : 5 Old No : 7 Jeevanandham Street Redhills, Chennai, Tamil Nadu, India – 600052
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Star Trace Private Limited, 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
Business activity
The main business activities of Star Trace are construction and professional, scientific and technical. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Star Trace Private Limited, buy the company report.
Financials of Star Trace Private Limited
FY 2020 filings availableStar Trace Private Limited reported revenue of ₹13.99 Cr (down 91% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 64% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.99 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.59 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.5% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Star Trace Private Limited, buy the company report.
Board of directors of Star Trace Private Limited
Star Trace has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kathirvel Nadar Parthiban Rasu | Whole-Time Director | 03 Sep 1998 | 28 Years 1 Months | As last reported |
| Ramakrishnan Venkatakrishnan Also directs: Guindy Machine Tools Limited, Designer Home Steds Private Limited, Carpal Automotive Private Limited and 5 more | Irp/Rp/Liquidator | 19 Dec 2024 | 1 Years 10 Months | As last reported |
| Parthiban Maheswaran | Managing Director | 03 Sep 1998 | 28 Years 1 Months | As last reported |
Auditor
Star Trace Private Limited is audited by L MUKUNDAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L MUKUNDAN & ASSOCIATES | FY 2020 | 010283S |
Shareholding
The shareholding of Star Trace Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Star Trace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2010 | 10258877 | State Bank of India | ₹28.13 Cr | Open | |
| 17 Aug 2006 | 10015813 | State Bank of India | ₹20 Lakh | Satisfied |
To see the full charge records of Star Trace Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Star Trace Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in October 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Rights issue | ₹2.95 Cr | Investors: 4 individuals |
| Mar 2012 | Funding round | ₹90 Lakh | Investors: 4 individuals |
| Mar 2010 | Funding round | ₹9 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Star Trace Private Limited has 15 court cases on record: 2 filed by Star Trace, 13 filed against it. 3 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 3 |
| High courts | 5 | 3 | 0 |
| NCLAT | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Adarsha Control and Automation Pvt Ltd | Disposed |
| District court, Jabalpur, Madhya Pradesh | Court case (SC CBI) | Filed against the company | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Premier Engineers | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| NCLT, Chennai | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Star Trace 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.
Credit ratings & regulatory alerts
Star Trace Private Limited was last rated by Crisil on 30 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Nov 2020 |
To see the full credit ratings and regulatory alerts of Star Trace Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Star Trace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Star Trace Private Limited has a workforce of 9 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Star Trace has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCS1572A1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 08AAGCS1572A1ZN | Rajasthan | Active | 01 Jul 2017 |
| 23AAGCS1572A1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Star Trace Private Limited, buy the company report.
Recent activity
Star Trace Private Limited has 3 board changes on record since 1998: 3 appointments. The latest: Ramakrishnan Venkatakrishnan was appointed as Irp/Rp/Liquidator on 19 Dec 2024.
Frequently asked questions
Star Trace is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Star Trace is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 03 September 1998 and is registered under CIN U51103TN1998PTC041085. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Star Trace has 3 current directors:
- Parthiban Maheswaran - Managing Director
- Kathirvel Nadar Parthiban Rasu - Whole-Time Director
- Ramakrishnan Venkatakrishnan - Irp/Rp/Liquidator
The latest financial statements of Star Trace on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Star Trace is U51103TN1998PTC041085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Trace has open charges of ₹28.13 Cr and satisfied charges of ₹20 Lakh as per latest MCA filings.
Star Trace has 15 court cases on record: 2 filed by the company and 13 filed against it. 3 are pending. Most are in the district courts.
Star Trace was incorporated on 03 September 1998. It is registered with the Registrar of Companies, Chennai.
Star Trace has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in October 2019.
Ramakrishnan Venkatakrishnan was appointed as Irp/Rp/Liquidator on 19 Dec 2024. Kathirvel Nadar Parthiban Rasu was appointed as Whole-Time Director on 03 Sep 1998. Parthiban Maheswaran was appointed as Managing Director on 03 Sep 1998.