- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0029477

Multistar Holdings Private Limited
About Multistar Holdings Private Limited
Data last updated:
Multistar Holdings Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 27 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51504KA2006PTC107408. Its GSTIN is 29AAJCS7588R1ZX (Karnataka).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹28.35 Lakh. It was formerly known as Suman Toolins Pvt Ltd. It is led by directors including Pushpraj Kothari and Sneha Kothari.
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 Ground Floor J.B Centre Point Dodda Mavalli Road 1st Cross R V Road Near Minerva Circle, Bengaluru, Karnataka, India – 560004.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.29 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹61.3 Lakh (net margin 5.4%) and EBITDA of ₹1.34 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 5% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3 Cr on record.
Multistar Holdings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0029477). The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Multistar Holdings Private Limited
Multistar Holdings has one previous CIN (Corporate Identification Number): U51504WB2006PTC108722. The current CIN is U51504KA2006PTC107408, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51504KA2006PTC107408 | Current |
| U51504WB2006PTC108722 | Previous |
Recognitions & Rankings of Multistar Holdings
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGround Floor J.B Centre Point Dodda Mavalli Road 1st Cross R V Road Near Minerva Circle, Bengaluru, Karnataka, India – 560004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Multistar Holdings Private Limited
The main business activities of Multistar Holdings are wholesale and retail trade; repair of motor vehicles and motorcycles and administrative and support service activities. In detail, this covers retail trade, except of motor vehicles and motorcycles and office administrative, office support and other business support activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | Locked |
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Multistar Holdings Private Limited FY 2024 filings available
Multistar Holdings Private Limited reported revenue of ₹11.29 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Multistar Holdings Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 18% growth in the latest year. EBITDA rose 65% 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 of Multistar Holdings Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹61.3 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 of Multistar Holdings Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Multistar Holdings are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Multistar Holdings Private Limited
Multistar Holdings has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpraj Kothari | Director | 20 May 2008 | 18 Years 5 Months | Current |
| Sneha Kothari | Additional Director | 07 Sep 2015 | 11 Years 1 Months | Current |
| Shanta Devi Kothari | Additional Director | 07 Sep 2015 | 11 Years 1 Months | Current |
| Asha Kothari | Additional Director | 29 Oct 2021 | 4 Years 11 Months | Current |
Peer Comparison of Multistar Holdings Private Limited
Multistar Holdings Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Electronic Appliances Retail and Distribution, Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanjali Diamond Private Limited | ₹11.31 Cr (FY 2025) | •••• | •••• | 334.0% | •••• | Mumbai, Maharashtra, India |
| G N Hallmarking & Refinery Private Limited | ₹11.3 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Kolkata, West Bengal, India |
| Vision Hire Entertainments Private Limited | ₹11.3 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Chennai, Tamil Nadu, India |
| Govindlila Marketing Private Limited | ₹11.3 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Kolkata, West Bengal, India |
| Puran Lal Sarraf Private Limited | ₹11.29 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Palwal, Haryana, India |
| Multistar Holdings Private Limited this company | ₹11.29 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bengaluru, Karnataka, India |
| CL Electronics Private Limited | ₹11.29 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Punjab, India |
| DT Enterprise Private Limited | ₹11.29 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Newshri Jewellers Private Limited | ₹11.28 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Santok Electricals Pvt Ltd | ₹11.27 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Coolon (India) Private Limited | ₹11.26 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Multistar Holdings by revenue in the Consumer Products industry (Electronic Appliances Retail and Distribution, Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Multistar Holdings Private Limited
Multistar Holdings Private Limited is audited by Vivek H G & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vivek H G & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Multistar Holdings Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Multistar Holdings Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2019 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
| 11 Aug 2011 | Others | ₹1 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Multistar Holdings Private Limited
Multistar Holdings Private Limited has a workforce of 22 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Multistar Holdings Private Limited
Multistar Holdings Private Limited has 8 board changes on record since 2008: 4 appointments and 4 cessations. The latest: Asha Kothari was appointed as Additional Director on 29 Oct 2021.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Multistar Holdings Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Multistar Holdings Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Multistar Holdings Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Multistar Holdings Private Limited
Multistar Holdings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS7588R1ZX | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Multistar Holdings Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Multistar Holdings Private Limited
Multistar Holdings is an active private limited company based in Bengaluru, Karnataka, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 27 March 2006 (20+ years old) and is registered under CIN U51504KA2006PTC107408.
Multistar Holdings reported revenue of ₹11.29 Cr for FY 2025 (up 18% YoY).
Multistar Holdings has 4 current directors:
- Pushpraj Kothari - Director
- Sneha Kothari - Additional Director
- Shanta Devi Kothari - Additional Director
- Asha Kothari - Additional Director
Multistar Holdings reported a net profit of ₹61.3 Lakh (net margin 5.4%) and EBITDA of ₹1.34 Cr (EBITDA margin 11.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multistar Holdings is 26% over three years and 5% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multistar Holdings is 29AAJCS7588R1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Multistar Holdings is U51504KA2006PTC107408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multistar Holdings was incorporated on 27 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Multistar Holdings by revenue are Sanjali Diamond Private Limited, G N Hallmarking & Refinery Private Limited, Vision Hire Entertainments Private Limited, Govindlila Marketing Private Limited, Puran Lal Sarraf Private Limited and 5 more, all in the Consumer Products industry (Electronic Appliances Retail and Distribution, Jewellery and Gems Retail and Distribution).
Asha Kothari was appointed as Additional Director on 29 Oct 2021. Sunil Harlalka ceased to be Director on 26 Mar 2016. Anil Harlalka ceased to be Director on 23 Mar 2016. Multistar Holdings has 8 board changes on record in total.
Yes, Multistar Holdings is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0029477).