Star Industries Private Limited
About Star Industries Private Limited
Data last updated:
Star Industries Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the water collection and management segment of the water treatment and management sector. It was incorporated on 20 August 1981.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U41001MH1981PTC025046. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹67.5 Lakh. It was led by directors Justin Martins and Raoul Ajai Verma.
Its last annual general meeting (AGM) was held on 02 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 7 – B Trust House 7th Floor 35 Hospital Avenue Dr. E Borges Road Parel, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.1 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹5.03 Lakh (net margin -82.4%) and EBITDA of -₹7.96 Lakh (EBITDA margin -130.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹62.83 Cr on record. Court records list 22 cases involving the company, including 2 filed by the company and 20 filed against it; 1 case is pending.
Company details
CIN history
Star Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U41001MH1981PTC025046, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U41001MH1981PTC025046 | Current |
| U24100MH1981PTC025046 | Previous |
| U24100MH1981PLC025046 | Previous |
Contact details
Star Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address7 – B Trust House 7th Floor 35 Hospital Avenue Dr. E Borges Road Parel, Mumbai, Maharashtra, India – 400018
- IndustryWater Treatment, Water Collection, Purification & Distribution
To see the full contact details of Star Industries 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
Financials of Star Industries Private Limited
FY 2024 filings availableStar Industries Private Limited reported revenue of ₹6.1 Lakh (down 49% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 49% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.1 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.03 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -130.4% | ||||
| Net Profit Margin | -82.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Star Industries Private Limited, buy the company report.
Board of directors of Star Industries Private Limited
Star Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Justin Martins | Director | 03 Sep 2012 | 14 Years 2 Months | As last reported |
| Raoul Ajai Verma | Director | 01 Oct 2020 | 6 Years 1 Months | As last reported |
Auditor
Star Industries Private Limited is audited by PATKAR & PENDSE for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATKAR & PENDSE | FY 2021 | 107824W |
Shareholding
The shareholding of Star Industries 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 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Star Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Apr 1997 | 90373772 | The Bank of Nova Scotia | ₹8.9 Cr | Satisfied | |
| 20 Jul 1995 | 90372813 | The Maharashtra State Financial Corporation | ₹80 Lakh | Satisfied | |
| 30 Jan 1995 | 90373651 | Mashreqbank P.S.C. | ₹4.35 Cr | Satisfied | |
| 18 Jun 1994 | 90372812 | The Bank of Nova Scotia | ₹5.4 Cr | Satisfied | |
| 09 Jun 1994 | 90373621 | The Bank of Nova Scotia | ₹8.9 Cr | Satisfied |
To see the full charge records of Star Industries Private Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Star Industries Private Limited has 22 court cases on record: 2 filed by Star Industries, 20 filed against it. 1 case is pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 19 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Commercial suit | Filed against the company by M/S Koso India Pvt Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ms. Fortis Financial Services Ltd. and 2 others | Disposed |
| District court, Yamunanagar, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against V G Enterprises | Disposed |
To see the full case history of Star Industries 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
No delayed payments to MSME suppliers are on our record for Star Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Star Industries Private Limited has a workforce of 18 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Star Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Star Industries Private Limited, buy the company report.
Recent activity
Star Industries Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Jimmy Jal Baria ceased to be Director on 16 Aug 2024.
56 earlier events are in the company report.
Frequently asked questions
Star Industries has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Star Industries was a private limited company based in Mumbai, Maharashtra, India. The company worked in water collection, within the water treatment industry. It was incorporated on 20 August 1981 and is registered under CIN U41001MH1981PTC025046. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Star Industries is U41001MH1981PTC025046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Industries had 2 directors:
- Justin Martins - Director
- Raoul Ajai Verma - Director
Star Industries was incorporated on 20 August 1981. It is registered with the Registrar of Companies, Mumbai.
The registered office of Star Industries is at 7 – B Trust House 7th Floor 35 Hospital Avenue Dr. E Borges Road Parel, Mumbai, Maharashtra, India – 400018.
The latest financial statements of Star Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 02 September 2024. Year-wise statements from 2015 are in the company report.
No. Star Industries has 2 GST registrations on record and all of them are cancelled or inactive.
Star Industries operated in the water treatment industry, in the water collection segment.
Star Industries has 22 court cases on record: 2 filed by the company and 20 filed against it. 1 is pending. Most are in the district courts.
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