Star Oxochem Private Limited

Star Oxochem Private Limited - chemicals and materials in Jhagadiya, Gujarat, India. FY 2026 financials & compliance.
CIN U74140GJ1997PTC094177 Incorporated 21 April 1997 ROC Ahmedabad HQ Jhagadiya, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2024
₹64.42 Cr
▲ 9% YoY
Net profit · FY 2024
₹2.79 Cr
Net margin 4.3%
EBITDA · FY 2024
₹7.36 Cr
EBITDA margin 11.4%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹4.82 Cr
Issued & subscribed
Open charges
₹12.8 Cr
Satisfied ₹21.87 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
82
Provident fund records

About Star Oxochem Private Limited

Data last updated:

Star Oxochem Private Limited is a private limited company based in Jhagadiya, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 21 April 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ1997PTC094177. Its GSTIN is 24AACCS5540G1ZL (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹4.82 Cr. It is led by directors including Satish Danchand Ghodawat (Whole-Time Director) and Darshan Satish Ghodawat (Whole-Time Director).

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 Plot No. 756/10A & 756/10B GIDC Estate, Jhagadiya, Gujarat, India – 393110.

As per the financials filed for FY 2024, the company reported a revenue of ₹64.42 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.79 Cr (net margin 4.3%) and EBITDA of ₹7.36 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 9% over five years.

The company has about 82 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Star Oxochem Pvt Ltd. As per MCA filings, the company has open charges of ₹12.8 Cr and satisfied charges of ₹21.87 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it; 1 case is pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹96.6 Lakh; the latest was in March 2017. Its 7 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is Dynarx Technology (India) Limited with revenue of ₹65.35 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 5 overdue payments to 2 micro and small suppliers.

Star Oxochem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0000600). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website staroxochem.com.

Company details

CIN U74140GJ1997PTC094177
Registration Number 094177
Incorporation Date 21 April 1997
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-06-0000600

CIN history

Star Oxochem has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140GJ1997PTC094177, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74140GJ1997PTC094177Current
U74140MH1997PTC107418Previous
U24119MH1997PTC107418Previous
Key People
Satish Danchand Ghodawat Whole-Time Director Darshan Satish Ghodawat Whole-Time Director Pushpraj Sawailal Jain Whole-Time Director

Recognitions & Rankings of Star Oxochem

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-06-0000600

Contact details

Star Oxochem Private Limited's registered office is in Jhagadiya, Gujarat. Its website is staroxochem.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    staroxochem.com
  • Social Media
  • Registered Address
    Plot No. 756/10A & 756/10B GIDC Estate, Jhagadiya, Gujarat, India – 393110
  • Industry
    Chemicals and Materials, Specialty Chemicals

To see the full contact details of Star Oxochem Private Limited, buy the company report.

Comprehensive company report
Star Oxochem 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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Brands

Star Oxochem operates one associated brand: STAR OXOCHEM PVT LTD. Each brand links to its own profile.

BrandDescriptionWebsite
STAR OXOCHEM PVT LTD
Manufacturer of industrial chemicals, including Oxalic Acid and Potassium Permanganate, based in Gujarat, India.staroxochem.com

Business activity

The main business activity of Star Oxochem is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Star Oxochem Private Limited, buy the company report.

Financials of Star Oxochem Private Limited

FY 2024 filings available

Star Oxochem Private Limited reported revenue of ₹64.42 Cr (up 9% YoY) for FY 2024.

Revenue · FY 2024
₹64.42 Cr ▲ 9%
Net profit · FY 2024
₹2.79 Cr margin 4.3%
EBITDA · FY 2024
₹7.36 Cr margin 11.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 25%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 55%
5 years · compounded
▲ 2%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 9% growth in the latest year. EBITDA fell 43% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹7.36 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.79 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.4%
Net Profit Margin4.3%
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 Oxochem Private Limited, buy the company report.

Board of directors of Star Oxochem Private Limited

Star Oxochem has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Satish Danchand Ghodawat
Also directs: Five Wonders Garments LLP
Whole-Time Director21 Apr 199729 Years 6 MonthsCurrent
Darshan Satish Ghodawat
Also directs: Univ Infra LLP, Riyume Ventures LLP, Stonevantage Ventures LLP and 5 more
Whole-Time Director10 Dec 201114 Years 10 MonthsCurrent
Prabhatchandra Sawailal Jain
Also directs: Prashasti Infratech LLP, Prashasti Homes LLP, Pragati Aroma Oil Distillers P Ltd and 5 more
Director24 Apr 199729 Years 6 MonthsCurrent
Pushpraj Sawailal Jain
Also directs: Prashasti Infratech LLP, Prashasti Homes LLP, Super A Square Steel LLP and 5 more
Whole-Time Director20 May 199729 Years 5 MonthsCurrent
Pankaj Sawailal Jain
Also directs: Pragati Aroma Oil Distillers P Ltd, Prashasti Realtors Private Limited, Prashasti Developers Private Limited and 5 more
Whole-Time Director20 May 199729 Years 5 MonthsCurrent
Atulkumar Sawailal Jain
Also directs: Prashasti Infratech LLP, Super A Square Steel LLP, Prashasti Agro Farms Private Limited and 5 more
Whole-Time Director20 May 199729 Years 5 MonthsCurrent
View all directors

Peer comparison

Star Oxochem Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dynarx Technology (India) Limited₹65.35 Cr (FY 2024)10.0%Bangalore, Karnataka, India
Nano Tech Chemical Brothers Private Limited₹65.07 Cr (FY 2024)-14.0%Ludhiana, Punjab, India
Apple Chemie India Private Limited₹64.75 Cr (FY 2025)23.0%Nagpur, Maharashtra, India
Swastik Plasticizer and PVC Pipes Indore Private Limited₹64.44 Cr (FY 2024)9.0%Indore, Madhya Pradesh, India
Star Oxochem Private Limitedthis company₹64.42 Cr (FY 2024)₹2.79 Cr4.3%9.0%82Jhagadiya, Gujarat, India
New Alliance Fine Chem Private Limited₹63.38 Cr (FY 2025)15.0%Mumbai, Maharashtra, India
Dhanuka Udyog Private Limited₹62.67 Cr (FY 2024)-1.0%Kolkata, West Bengal, India
The Bhor Chemicals and Plastics Private Limited₹62.57 Cr (FY 2025)-8.0%Mumbai, Maharashtra, India

To see the full peer comparison of Star Oxochem Private Limited, buy the company report.

Auditor

Star Oxochem Private Limited is audited by AmitTJain& Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AmitTJain& CoFY 2023134333W

Shareholding

The shareholding of Star Oxochem 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Star Oxochem Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12.8 Cr
Satisfied charges
₹21.87 Cr
Breakdown by lending institutions
Others₹12.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Sep 2023100808137Others₹1.4 CrOpen
24 Aug 2023100798831Others₹1.4 CrOpen
15 Dec 2022100659548Others₹5 CrOpen
09 Dec 2022100659333Others₹5 CrOpen
03 Jun 2017100103025Hdfc Bank Limited₹2.7 CrSatisfied

To see the full charge records of Star Oxochem Private Limited, buy the company report.

Total charge records: 14 View all charges

Deals & funding

Star Oxochem Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹96.6 Lakh; the latest was in March 2017.

Total deals
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹96.6 Lakh

Deals on record (4 of 5)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Feb 2016Secondary share transferUndisclosedBuyer: an individual
Seller: Ghodawat Industries (India) Private Limited , 2 individuals
Dec 2015Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Dec 2015Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Star Oxochem Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Star Oxochem Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Techtonic Engineering Works
an individual supplier

To see the full MSME payment records of Star Oxochem Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Star Oxochem Private Limited has a workforce of 82 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
82
Active EPFO establishments
1
Employee growth
22.39%

GST

Star Oxochem has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AACCS5540G1ZLGujaratActive01 Jul 2017
27AACCS5540G1ZFMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Star Oxochem Private Limited, buy the company report.

Recent activity

Star Oxochem Private Limited has 18 board changes on record since 1997: 6 appointments and 12 cessations. The latest: Prabhatchandra Sawailal Jain ceased to be Whole-Time Director on 12 Oct 2020.

AGM
Star Oxochem Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Star Oxochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.40 Cr with Charge ID 100808137 was registered on 29 Sep 2023.
Charges
A charge with Others amounted to Rs. 1.40 Cr with Charge ID 100798831 was registered on 24 Aug 2023.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100659548 was registered on 15 Dec 2022.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100659333 was registered on 09 Dec 2022.
Charges
A charge registered on 03 Jun 2017 via Charge ID 100103025 with Hdfc Bank Limited was fully satisfied on 11 Jan 2022.
Charges
A charge registered on 04 Jan 2017 via Charge ID 100076981 with Hdfc Bank Limited was fully satisfied on 11 Jan 2022.
Charges
A charge registered on 02 Nov 2016 via Charge ID 100066985 with Hdfc Bank Limited was fully satisfied on 11 Jan 2022.
Charges
A charge registered on 29 Oct 2016 via Charge ID 100066987 with Hdfc Bank Limited was fully satisfied on 11 Jan 2022.
Ceased
Prabhatchandra Sawailal Jain ceased to be Whole-Time Director.
Ceased
Mahesh Subhash Patil ceased to be Managing Director.

33 earlier events are in the company report.

News

Frequently asked questions

Star Oxochem is an active private limited company based in Jhagadiya, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 21 April 1997 (29+ years old) and is registered under CIN U74140GJ1997PTC094177.

Star Oxochem has 6 current directors:

The latest financial statements of Star Oxochem 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 Star Oxochem is 24AACCS5540G1ZL, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCS5540G1ZF (Maharashtra).

The CIN (Corporate Identification Number) of Star Oxochem is U74140GJ1997PTC094177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Star Oxochem has 14 court cases on record: 9 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.

Star Oxochem was incorporated on 21 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Star Oxochem has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹96.6 Lakh; the latest was in March 2017.

The peers of Star Oxochem by revenue are Dynarx Technology (India) Limited, Nano Tech Chemical Brothers Private Limited, Apple Chemie India Private Limited, Swastik Plasticizer and PVC Pipes Indore Private Limited, New Alliance Fine Chem Private Limited and 2 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Prabhatchandra Sawailal Jain ceased to be Whole-Time Director on 12 Oct 2020. Mahesh Subhash Patil ceased to be Managing Director on 03 Jun 2019. Sanjay Danchand Ghodawat ceased to be Whole-Time Director on 17 Feb 2016. Star Oxochem has 18 board changes on record in total.

Yes, Star Oxochem is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-06-0000600).

Star Oxochem has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 Apr 2023.