Star Synthetics Pvt Ltd
About Star Synthetics Pvt Ltd
Data last updated:
Star Synthetics Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 09 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1986PTC041175. Its GSTIN is 27AABCS4266Q1ZQ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.82 Cr. It is led by directors Kumar Anil Agarwal and Sanjay Kumar Agarwal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.32 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹39.02 Lakh (net margin 1.6%) and EBITDA of ₹71.09 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹1.03 Cr and satisfied charges of ₹4 Cr on record. Court records list 29 cases involving the company, including 26 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Star Synthetics Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 5 1st Floor Dimple Apartment Chs, Jerbai Wadia Road Nr Kidwai Road Police Stn Parel, Mumbai, Maharashtra, India – 400012
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Star Synthetics Pvt Ltd, 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 Synthetics is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Star Synthetics Pvt Ltd, buy the company report.
Financials of Star Synthetics Pvt Ltd
FY 2024 filings availableStar Synthetics Pvt Ltd reported revenue of ₹24.32 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 66% 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 | ₹71.09 Lakh | ||||
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| Net Profit (PAT) | ₹39.02 Lakh | ||||
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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 | 2.9% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Star Synthetics Pvt Ltd, buy the company report.
Board of directors of Star Synthetics Pvt Ltd
Star Synthetics 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 |
|---|---|---|---|---|
| Kumar Anil Agarwal Also directs: Krisha Texpro Private Limited, Regal Garments Private Limited, Krisha Buildcon Private Limited and 5 more | Director | 14 Apr 2003 | 23 Years 6 Months | Current |
| Sanjay Kumar Agarwal Also directs: Krisha Texpro Private Limited, Regal Garments Private Limited, Krisha Buildcon Private Limited and 4 more | Director | 09 Oct 1986 | 40 Years 0 Months | Current |
Auditor
Star Synthetics Pvt Ltd is audited by P. D. SARAF & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. D. SARAF & CO | FY 2023 | 109241W |
Shareholding
The shareholding of Star Synthetics Pvt Ltd 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 Synthetics Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2020 | 100389695 | Tamilnad Mercantile Bank Limited | ₹1.03 Cr | Open | |
| 09 Dec 2010 | 10258393 | Citi Bank N.A. | ₹4 Cr | Satisfied |
To see the full charge records of Star Synthetics Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Star Synthetics Pvt Ltd has 29 court cases on record: 26 filed by Star Synthetics, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 0 | 0 |
| High courts | 13 | 3 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (TD) | Filed by the company against Hi Choice Exports Pvt. Ltd. and 2 Ors. | Disposed |
| District court, Central, Delhi | Criminal case | Filed by the company against Petals Apparels OPC Pvt Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Ridhima Overseas Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Ridhima Overseas Pvt. Ltd. | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Ridhima Overseas Pvt. Ltd. | Disposed |
To see the full case history of Star Synthetics Pvt Ltd, 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
Star Synthetics Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sri Desikanathar Textiles Private Limited |
To see the full MSME payment records of Star Synthetics Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Star Synthetics has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS4266Q1ZQ | Maharashtra | Active | 01 Jul 2017 |
| 07AABCS4266Q1ZS | Delhi | Active | 06 Jul 2017 |
To see the full GST registrations and return filing status of Star Synthetics Pvt Ltd, buy the company report.
Recent activity
Star Synthetics Pvt Ltd has 3 board changes on record since 1986: 2 appointments and 1 cessation. The latest: Manish Laduram Agarwal ceased to be Director on 12 Oct 2020.
Frequently asked questions
Star Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 09 October 1986 (40+ years old) and is registered under CIN U17100MH1986PTC041175.
Star Synthetics has 2 current directors:
- Kumar Anil Agarwal - Director
- Sanjay Kumar Agarwal - Director
The latest financial statements of Star Synthetics 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 Synthetics is 27AABCS4266Q1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AABCS4266Q1ZS (Delhi).
The CIN (Corporate Identification Number) of Star Synthetics is U17100MH1986PTC041175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Synthetics has 29 court cases on record: 26 filed by the company and 3 filed against it. Most are in the district courts.
Star Synthetics was incorporated on 09 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Manish Laduram Agarwal ceased to be Director on 12 Oct 2020. Kumar Anil Agarwal was appointed as Director on 14 Apr 2003. Sanjay Kumar Agarwal was appointed as Director on 09 Oct 1986.
Star Synthetics has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 1 micro and small supplier. The latest return was filed on 31 May 2019.
The registered office of Star Synthetics is at A – 5 1st Floor Dimple Apartment Chs, Jerbai Wadia Road Nr Kidwai Road Police Stn Parel, Mumbai, Maharashtra, India – 400012.
Star Synthetics operates in the home and lifestyle industry, in the textile retail and distribution segment.
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