DPIIT recognised startup Government of India
Startup India
Star Eq Private Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹45.42 Lakh
▲ 56% YoY
Net loss · FY 2025
₹1.74 Cr
Net margin -383.3%
EBITDA · FY 2025
-₹41.26 Lakh
EBITDA margin -90.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Star Eq Private Limited
Data last updated:
Star Eq Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the rubber and products segment of the manufacturing sector. It was incorporated on 14 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29230PN2019PTC187221. Its GSTIN is 27ABCCS7599G1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Starpoint Engineers Private Limited. It is led by directors Kishorilal Ramraika and Divya Kishorilal Ramraika.
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 54/2 D – 2 Block MIDC Chinchwad, Pune, Maharashtra, India – 411019.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.42 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹1.74 Cr (net margin -383.3%) and EBITDA of -₹41.26 Lakh (EBITDA margin -90.8%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years.
As per MCA filings, the company has open charges of ₹10 Cr on record. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2022. Its 4 peer companies in the Manufacturing industry (Plastic Based Products, Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Neostyle India Private Limited with revenue of ₹45.69 Lakh.
Star Eq Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0012645). For more details, the company can be reached via its website stareq.in.
Company details
CIN U29230PN2019PTC187221
Registration Number 187221
Incorporation Date 14 October 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0012645
Recognitions & Rankings of Star Eq
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0012645
Contact details
Star Eq Private Limited's registered office is in Pune, Maharashtra. Its website is stareq.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address54/2 D – 2 Block MIDC Chinchwad, Pune, Maharashtra, India – 411019
- IndustryManufacturing, Rubber & Products, Plastic-Based Products
To see the full contact details of Star Eq Private Limited, buy the company report.
Comprehensive company report
Star Eq 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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Business activity
The main business activity of Star Eq is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Star Eq Private Limited, buy the company report.
Financials of Star Eq Private Limited
FY 2025 filings availableStar Eq Private Limited reported revenue of ₹45.42 Lakh (up 56% YoY) for FY 2025.
Revenue · FY 2025
₹45.42 Lakh ▲ 56%
Net loss · FY 2025
₹1.74 Cr margin -383.3%
EBITDA · FY 2025
-₹41.26 Lakh margin -90.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▼ 276%
3 years · compounded
▼ 134%
5 years · compounded
▼ 59%
Revenue has grown at a compounded annual rate (CAGR) of 71% over three years, including 56% growth in the latest year. EBITDA fell 276% 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 | |||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹41.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.74 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | -90.8% | ||||
| Net Profit Margin | -383.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Star Eq Private Limited, buy the company report.
Board of directors of Star Eq Private Limited
Star Eq has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishorilal Ramraika Also directs: Starconnectm LLP, Kritarth Innotech LLP, Star Engineers (India) Private Limited and 3 more | Director | 14 Oct 2019 | 7 Years 0 Months | Current |
| Divya Kishorilal Ramraika Also directs: Starconnectm LLP, Kritarth Innotech LLP, Star Engineers (India) Private Limited and 5 more | Director | 14 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Star Eq Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neostyle India Private Limited | ₹45.69 Lakh (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Akash Laminators Private Limited | ₹45.51 Lakh (FY 2018) | -10.0% | Rajaldesar, Rajasthan, India | |||
| Star Eq Private Limitedthis company | ₹45.42 Lakh (FY 2025) | -₹1.74 Cr | -383.3% | 56.0% | Pune, Maharashtra, India | |
| Shri Ganesh Polychem Private Limited | ₹45.03 Lakh (FY 2025) | 72.0% | Rajasthan, India | |||
| Lord Buddha Food Products Private Limited | ₹44.74 Lakh (FY 2025) | -67.0% | Patna, Bihar, India |
To see the full peer comparison of Star Eq Private Limited, buy the company report.
Auditor
Star Eq Private Limited is audited by KISHOR GUJAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KISHOR GUJAR & ASSOCIATES | FY 2023 | 116747W |
Shareholding
The shareholding of Star Eq Private Limited is on record for 4 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 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Star Eq Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101149084 | Others | ₹5 Cr | Open | |
| 04 Sep 2020 | 100393489 | Tata Capital Financial Services Limited | ₹5 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Star Eq Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Star Engineers (India) Private Limited Seller: 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Star Engineers (India) Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Star Eq 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 Star Eq Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Star Eq has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCCS7599G1ZQ | Maharashtra | Active | 04 Jan 2020 |
To see the full GST registrations and return filing status of Star Eq Private Limited, buy the company report.
Recent activity
Star Eq Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Divya Kishorilal Ramraika was appointed as Director on 14 Oct 2019.
AGM
Star Eq Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101149084 was registered on 31 Jul 2025.
Filing
Star Eq Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 5.00 Cr with Charge ID 100393489 was registered on 04 Sep 2020.
Appointed
Divya Kishorilal Ramraika was appointed as Director.
Appointed
Kishorilal Ramraika was appointed as Director.
Incorporation
14 Oct 2019
Star Eq Private Limited was registered on 14 Oct 2019 with Roc Pune & aged 7 years 9 days as per MCA records.
Frequently asked questions
Star Eq is an active private limited company based in Pune, Maharashtra, India. The company works in rubber and products, within the manufacturing industry. It was incorporated on 14 October 2019 (7+ years old) and is registered under CIN U29230PN2019PTC187221.
Star Eq has 2 current directors:
- Kishorilal Ramraika - Director
- Divya Kishorilal Ramraika - Director
The latest financial statements of Star Eq 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 FY 2020 are in the company report.
The GSTIN of Star Eq is 27ABCCS7599G1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Star Eq is U29230PN2019PTC187221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Eq was incorporated on 14 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Star Eq has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
The peers of Star Eq by revenue are Neostyle India Private Limited, Akash Laminators Private Limited, Shri Ganesh Polychem Private Limited, Lord Buddha Food Products Private Limited, all in the Manufacturing industry (Plastic Based Products, Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Divya Kishorilal Ramraika was appointed as Director on 14 Oct 2019. Kishorilal Ramraika was appointed as Director on 14 Oct 2019.
Yes, Star Eq is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Star Eq is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0012645).