About Star Specialties Polymers Private Limited
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Star Specialties Polymers Private Limited is a private limited company based in Daman, Daman And Diu, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 07 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U24100DD2004PTC010019. Its GSTIN is 26AAHCS9786K1ZF (Daman & Diu). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.27 Cr. It is led by directors including Ibrahim Khalilulla Shaik and Abdullah Abdulaziz N Alsorayai.
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 Survey No.52/3 54/6 – D Daman Industrial, Estate Limited Vill – Kadaiya Nani Daman, Daman and Diu, India – 396210.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.66 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹53.88 Lakh (net margin 3.7%) and EBITDA of ₹80.26 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹7 Lakh on record. Court records list 50 cases involving the company, including 44 filed by the company and 6 filed against it; 24 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website star-ind.com.
Company details
CIN history
Star Specialties Polymers has one previous CIN (Corporate Identification Number): U24100MH2004PTC143902. The current CIN is U24100DD2004PTC010019, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100DD2004PTC010019 | Current |
| U24100MH2004PTC143902 | Previous |
Contact details
Star Specialties Polymers Private Limited's registered office is in Daman, Daman And Diu. Its website is star-ind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No.52/3 54/6 – D Daman Industrial, Estate Limited Vill – Kadaiya Nani Daman, Daman and Diu, India – 396210
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Star Specialties Polymers 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 Specialties Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Star Specialties Polymers Private Limited, buy the company report.
Financials of Star Specialties Polymers Private Limited
FY 2024 filings availableStar Specialties Polymers Private Limited reported revenue of ₹14.66 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 130% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹80.26 Lakh | ||||
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| Net Profit (PAT) | ₹53.88 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Star Specialties Polymers Private Limited, buy the company report.
Board of directors of Star Specialties Polymers Private Limited
Star Specialties Polymers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ibrahim Khalilulla Shaik Also directs: Anschem India Private Limited | Director | 29 May 2010 | 16 Years 4 Months | Current |
| Abdullah Abdulaziz N Alsorayai Also directs: Anschem India Private Limited | Director | 02 Sep 2019 | 7 Years 1 Months | Current |
| Gaffar Sayyad Also directs: Anschem India Private Limited | Director | 06 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Star Specialties Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Polymers, 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Star Specialties Polymers Private Limitedthis company | ₹14.66 Cr (FY 2024) | ₹53.88 Lakh | 3.7% | -13.0% | Daman, Daman And Diu, India | |
| Supreme Silicones India Private Limited | ₹14.65 Cr (FY 2025) | 18.0% | Aurangabad, Maharashtra, India | |||
| Ashish Interchem Private Limited | ₹14.61 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Durgapur Chemicals Ltd | ₹14.58 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Star Specialties Polymers Private Limited, buy the company report.
Auditor
Star Specialties Polymers Private Limited is audited by AJAY KUMAR JAIN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY KUMAR JAIN | FY 2023 | 096399 |
Shareholding
The shareholding of Star Specialties Polymers 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Star Specialties Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2025 | 101125973 | Hdfc Bank Limited | ₹7 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Star Specialties Polymers Private Limited has 50 court cases on record: 44 filed by Star Specialties Polymers, 6 filed against it. 24 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 49 | 5 | 24 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Daman, Diu and Daman | Civil suit | Filed by the company against Tech Nova Water Proofing Private Limited and 01 Ors and 1 other | Pending |
| District court, Daman, Diu and Daman | Civil suit | Filed by the company against N. M. Building Solutions Pvt. Ltd. and 1 other | Pending |
| District court, Daman, Diu and Daman | Civil suit | Filed by the company against Vishwaash Waterproofing and Chemical Pvt Ltd. and 01 Ors and 1 other | Disposed |
| District court, South East, Delhi | Court case (T.P. C) | Filed against the company by Paramount Polytreat Chemicals Private Limited | Disposed |
| District court, Daman, Diu and Daman | Civil suit | Filed by the company against Nipes Engitech Pvt. Ltd. and 01 Ors and 1 other | Disposed |
To see the full case history of Star Specialties Polymers 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 Specialties Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Star Specialties Polymers has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAHCS9786K1ZF | Daman & Diu | Active | 01 Aug 2020 |
| 33AAHCS9786K1ZK | Tamil Nadu | Active | 24 Dec 2021 |
| 36AAHCS9786K1ZE | Telangana | Active | 24 Jun 2022 |
| 09AAHCS9786K1ZB | Uttar Pradesh | Active | 05 Jul 2022 |
To see the full GST registrations and return filing status of Star Specialties Polymers Private Limited, buy the company report.
Recent activity
Star Specialties Polymers Private Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Abdulaziz Nasser A Alsoryai ceased to be Director on 09 Mar 2023.
Frequently asked questions
Star Specialties Polymers is an active private limited company based in Daman, Daman And Diu, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 07 January 2004 (22+ years old) and is registered under CIN U24100DD2004PTC010019.
Star Specialties Polymers has 3 current directors:
- Ibrahim Khalilulla Shaik - Director
- Abdullah Abdulaziz N Alsorayai - Director
- Gaffar Sayyad - Director
The latest financial statements of Star Specialties Polymers 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 Specialties Polymers is 26AAHCS9786K1ZF, registered in Daman & Diu. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAHCS9786K1ZK (Tamil Nadu), 36AAHCS9786K1ZE (Telangana), 09AAHCS9786K1ZB (Uttar Pradesh).
The CIN (Corporate Identification Number) of Star Specialties Polymers is U24100DD2004PTC010019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Specialties Polymers has 50 court cases on record: 44 filed by the company and 6 filed against it. 24 are pending. Most are in the district courts.
Star Specialties Polymers was incorporated on 07 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Star Specialties Polymers by revenue are Supreme Silicones India Private Limited, Ashish Interchem Private Limited, Durgapur Chemicals Ltd, all in the Chemicals industry (Polymers, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Abdulaziz Nasser A Alsoryai ceased to be Director on 09 Mar 2023. Abdullah Abdulaziz N Alsorayai ceased to be Additional Director on 31 Dec 2020. Abdullah Abdulaziz N Alsorayai was appointed as Director on 02 Sep 2019. Star Specialties Polymers has 8 board changes on record in total.
Star Specialties Polymers can be reached through the website star-ind.com. Its registered office is in Daman, Daman And Diu, India.
The registered office of Star Specialties Polymers is at Survey No.523 546 – D Daman Industrial, Estate Limited Vill – Kadaiya Nani Daman, Daman and Diu, India – 396210.