- 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.
Company details
CIN history
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
Contact details
Multistar Holdings Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Multistar Holdings 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 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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | |
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Multistar Holdings Private Limited, buy the company report.
Financials of Multistar Holdings Private Limited
FY 2024 filings availableMultistar Holdings Private Limited reported revenue of ₹11.29 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.34 Cr | ||||
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| Net Profit (PAT) | ₹61.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 5.4% | ||||
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To see the full financial statements and ratios of Multistar Holdings Private Limited, buy the company report.
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 |
Auditor
Multistar Holdings Private Limited is audited by Vivek H G & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vivek H G & Associates | FY 2023 | 241352 |
Shareholding
The shareholding of Multistar Holdings Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Multistar Holdings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2019 | 100274307 | Hdfc Bank Limited | ₹2 Cr | Satisfied | |
| 11 Aug 2011 | 10304268 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Multistar Holdings Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Multistar Holdings 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 Multistar Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Multistar Holdings Private Limited has a workforce of 22 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Multistar Holdings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS7588R1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multistar Holdings Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 4 current directors:
- Pushpraj Kothari - Director
- Sneha Kothari - Additional Director
- Shanta Devi Kothari - Additional Director
- Asha Kothari - Additional Director
The latest financial statements of Multistar Holdings 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 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.
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).
The registered office of Multistar Holdings is at Ground Floor J.B Centre Point Dodda Mavalli Road 1st Cross R V Road Near Minerva Circle, Bengaluru, Karnataka, India – 560004.
Multistar Holdings operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.