About Star Itech Private Limited
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Star Itech Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 23 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PTC125164.
The company has an authorised share capital of ₹1.8 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors Prashant Babasaheb Wasade (Managing Director) and Naved Sajid Ali.
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 5 Software Technology Park Link Road Sadar, Nagpur, Maharashtra, India – 440001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr. For the same year it recorded a net loss of ₹8.17 Lakh (net margin -7.1%) and EBITDA of -₹7.32 Lakh (EBITDA margin -6.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Lakh and satisfied charges of ₹1.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website staritech.com.
Company details
Contact details
Star Itech Private Limited's registered office is in Nagpur, Maharashtra. Its website is staritech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5 Software Technology Park Link Road Sadar, Nagpur, Maharashtra, India – 440001
- IndustryBusiness Outsourcing, Medical Transcription
To see the full contact details of Star Itech 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 activity of Star Itech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Star Itech Private Limited, buy the company report.
Financials of Star Itech Private Limited
FY 2024 filings availableStar Itech Private Limited reported revenue of ₹1.16 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years. EBITDA fell 203% 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 | -₹7.32 Lakh | ||||
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| Net Profit (PAT) | -₹8.17 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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| EBITDA Margin | -6.3% | ||||
| Net Profit Margin | -7.1% | ||||
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To see the full financial statements and ratios of Star Itech Private Limited, buy the company report.
Board of directors of Star Itech Private Limited
Star Itech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naved Sajid Ali Also directs: Varun Aluminium (India) Private Limited | Director | 23 Mar 2000 | 26 Years 7 Months | Current |
| Prashant Babasaheb Wasade Also directs: Varun Aluminium (India) Private Limited, Tarangan Developers Private Limited, Tarangan Leisure Private Limited and 2 more | Managing Director | 29 Sep 2001 | 25 Years 0 Months | Current |
Auditor
Star Itech Private Limited is audited by SAJJAD RASUL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAJJAD RASUL & CO | FY 2019 | 120594W |
Shareholding
The shareholding of Star Itech Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Itech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2002 | 90144024 | Oriental Bank of Commerce | ₹15 Lakh | Open | |
| 07 May 2002 | 80044948 | Sicom Limited | ₹1.3 Cr | Satisfied |
To see the full charge records of Star Itech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Star Itech 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 Itech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Star Itech Private Limited has a workforce of 21 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Star Itech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Star Itech Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Sudhir Tulsiram Thakre ceased to be Director on 25 Jul 2011.
Frequently asked questions
Star Itech is an active private limited company based in Nagpur, Maharashtra, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 23 March 2000 (26+ years old) and is registered under CIN U72200MH2000PTC125164.
Star Itech has 2 current directors:
- Prashant Babasaheb Wasade - Managing Director
- Naved Sajid Ali - Director
The latest financial statements of Star Itech 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 CIN (Corporate Identification Number) of Star Itech is U72200MH2000PTC125164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Itech was incorporated on 23 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Sudhir Tulsiram Thakre ceased to be Director on 25 Jul 2011. Prashant Babasaheb Wasade was appointed as Managing Director on 29 Sep 2001. Naved Sajid Ali was appointed as Director on 23 Mar 2000.
Star Itech can be reached through the website staritech.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Star Itech is at 5 Software Technology Park Link Road Sadar, Nagpur, Maharashtra, India – 440001.
Star Itech operates in the business outsourcing industry, in the medical transcription segment.
Star Itech has open charges of ₹15 Lakh and satisfied charges of ₹1.3 Cr as per latest MCA filings.