MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-01-0017624
Starbic Business Solutions Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.32 Cr
▲ 16% YoY
Net profit · FY 2025
₹1.42 Cr
Net margin 13.8%
EBITDA · FY 2025
₹2.76 Cr
EBITDA margin 26.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
24 yrs
Est. 2002
Employees · EPFO
54
Provident fund records
About Starbic Business Solutions Private Limited
Data last updated:
Starbic Business Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 04 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2002PTC114832. Its GSTIN is 06AAGCS3486H1Z4 (Haryana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sahil Mithal and Atul Mithal.
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 Ashoka Chambers 5 – B Rajindra Park, New Delhi, Delhi, India – 110060.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.32 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 13.8%) and EBITDA of ₹2.76 Cr (EBITDA margin 26.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 20% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Starbic. As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Starbic Business Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0017624). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starbic.com.
Company details
CIN U72200DL2002PTC114832
Registration Number 114832
Incorporation Date 04 April 2002
ROC Delhi
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 Small
Udyam Registration UDYAM-DL-01-0017624
Key People
Sahil Mithal Director Atul Mithal Director Recognitions & Rankings of Starbic Business Solutions
Contact details
Starbic Business Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is starbic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5 Ashoka Chambers 5 – B Rajindra Park, New Delhi, Delhi, India – 110060
- IndustryInformation Technology, Database Management & Solutions
To see the full contact details of Starbic Business Solutions Private Limited, buy the company report.
Comprehensive company report
Starbic Business Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Starbic Business Solutions operates one associated brand: Starbic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers records management, digitization, shredding, and consultancy services to businesses. | starbic.com |
Business activity
The main business activity of Starbic Business Solutions is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Starbic Business Solutions Private Limited, buy the company report.
Financials of Starbic Business Solutions Private Limited
FY 2024 filings availableStarbic Business Solutions Private Limited reported revenue of ₹10.32 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹10.32 Cr ▲ 16%
Net profit · FY 2025
₹1.42 Cr margin 13.8%
EBITDA · FY 2025
₹2.76 Cr margin 26.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 20%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 35%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 16% growth in the latest year. EBITDA rose 34% 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 | ₹2.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.42 Cr | ||||
| Balance Sheet | |||||
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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 | 26.8% | ||||
| Net Profit Margin | 13.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Starbic Business Solutions Private Limited, buy the company report.
Board of directors of Starbic Business Solutions Private Limited
Starbic Business Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Mithal Also directs: Star Worldwide Group Private Limited, Trilasoft Solutions Private Limited, Waytech Network Private Limited and 1 more | Director | 29 Oct 2009 | 17 Years 0 Months | Current |
| Atul Mithal | Director | 04 Apr 2002 | 24 Years 6 Months | Current |
Auditor
Starbic Business Solutions Private Limited is audited by NATH AHUJA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATH AHUJA & CO. | FY 2023 | 080178 |
Shareholding
The shareholding of Starbic Business Solutions 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Starbic Business Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2022 | 100720203 | Hdfc Bank Limited | ₹5 Cr | Open |
To see the full charge records of Starbic Business Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Starbic Business Solutions Private Limited has 1 court case on record: 1 filed by Starbic Business Solutions. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Court case (TS (Com)) | Filed by the company against an individual | Pending |
To see the full case history of Starbic Business Solutions 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
Starbic Business Solutions Private Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 95 overdue payments to 18 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 (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Scientific Security Management Services Private Limited | |||
| SBR Telecom Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Gurgaon Packaging Private Limited |
To see the full MSME payment records of Starbic Business Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Starbic Business Solutions Private Limited has a workforce of 54 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
54
Active EPFO establishments
1
Employee growth
17.39%
GST
Starbic Business Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCS3486H1Z4 | Haryana | Active | 01 Jul 2017 |
| 27AAGCS3486H1Z0 | Maharashtra | Active | 10 Nov 2021 |
To see the full GST registrations and return filing status of Starbic Business Solutions Private Limited, buy the company report.
Recent activity
Starbic Business Solutions Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Sahil Mithal ceased to be Additional Director on 21 Sep 2010.
Charges
A charge with Hdfc Bank Limited of Rs. 500.00 Lakh registered on 18 Jun 2022 with Charge ID 100720203 was modified on 08 Mar 2025.
AGM
Starbic Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Starbic Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 100720203 was registered on 18 Jun 2022.
Ceased
Sahil Mithal ceased to be Additional Director.
Ceased
Chandandeep Bhandari ceased to be Director.
Appointed
Sahil Mithal was appointed as Director.
Appointed
Atul Mithal was appointed as Director.
Incorporation
04 Apr 2002
Starbic Business Solutions Private Limited was registered on 04 Apr 2002 with Roc Delhi & aged 24 years 6 months as per MCA records.
Frequently asked questions
Starbic Business Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 04 April 2002 (24+ years old) and is registered under CIN U72200DL2002PTC114832.
Starbic Business Solutions has 2 current directors:
- Sahil Mithal - Director
- Atul Mithal - Director
The latest financial statements of Starbic Business Solutions 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 Starbic Business Solutions is 06AAGCS3486H1Z4, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCS3486H1Z0 (Maharashtra).
The CIN (Corporate Identification Number) of Starbic Business Solutions is U72200DL2002PTC114832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starbic Business Solutions has 1 court case on record: 1 filed by the company. 1 is pending.
Starbic Business Solutions was incorporated on 04 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Sahil Mithal ceased to be Additional Director on 21 Sep 2010. Chandandeep Bhandari ceased to be Director on 30 Oct 2009. Sahil Mithal was appointed as Director on 29 Oct 2009. Starbic Business Solutions has 4 board changes on record in total.
Yes, Starbic Business Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-DL-01-0017624).
Starbic Business Solutions has 9 MSME Form 1 returns on record between 2019 and 2022, listing 95 overdue payments to 18 micro and small suppliers. The latest return was filed on 17 Sep 2023.
Starbic Business Solutions can be reached through the website starbic.com. Its registered office is in New Delhi, Delhi, India.