- Udyam number
- UDYAM-GJ-24-0011897

About Starflex Bellows Private Limited
Data last updated:
Starflex Bellows Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 29 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29190GJ2020PTC115961. Its GSTIN is 24ABECS3101J1ZP (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Lalitadevi Dilipbhai Thakur and Dilip Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14 Sanskar Tenament 2 Maneja, Vadodara, Gujarat, India – 390013.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.64 Cr (net margin 9.7%) and EBITDA of ₹3.85 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 554% over three years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.6 Cr on record.
Starflex Bellows Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0011897). For more details, the company can be reached via its website starflexbellows.in.
Company details
Recognitions & Rankings of Starflex Bellows
Contact details
Starflex Bellows Private Limited's registered office is in Vadodara, Gujarat. Its website is starflexbellows.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address14 Sanskar Tenament 2 Maneja, Vadodara, Gujarat, India – 390013
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Starflex Bellows 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 Starflex Bellows is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Starflex Bellows Private Limited, buy the company report.
Financials of Starflex Bellows Private Limited
FY 2025 filings availableStarflex Bellows Private Limited reported revenue of ₹27.13 Cr (up 321% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 554% over three years, including 321% growth in the latest year. EBITDA rose 950% 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 |
|---|---|---|---|---|
| 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 | ₹3.85 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.64 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 14.2% | |||
| Net Profit Margin | 9.7% | |||
| 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 Starflex Bellows Private Limited, buy the company report.
Board of directors of Starflex Bellows Private Limited
Starflex Bellows has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalitadevi Dilipbhai Thakur | Director | 29 Aug 2020 | 6 Years 2 Months | Current |
| Dilip Singh | Director | 29 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Starflex Bellows Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DTK Auto Press Comps. Private Limited | ₹27.29 Cr (FY 2025) | 8.0% | Aurangabad, Maharashtra, India | |||
| Nutech Wind Parts Private Limited | ₹27.28 Cr (FY 2025) | 18.0% | Sriperumbudur, Tamil Nadu, India | |||
| Variety Metals Pvt Ltd | ₹27.14 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Starflex Bellows Private Limitedthis company | ₹27.13 Cr (FY 2024) | ₹2.64 Cr | 9.7% | 321.0% | Vadodara, Gujarat, India | |
| Amko Mining and Drilling Equipments Private Limited | ₹27.07 Cr (FY 2024) | 12.0% | Mumbai, Maharashtra, India | |||
| Sharda Forging and Stamping Pvt Ltd | ₹26.85 Cr (FY 2024) | 46.0% | New Delhi, Delhi, India | |||
| Milan Powder Coatings Private Limited | ₹26.85 Cr (FY 2025) | 81.0% | Pune, Maharashtra, India |
To see the full peer comparison of Starflex Bellows Private Limited, buy the company report.
Auditor
Starflex Bellows Private Limited is audited by B R Pancholi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B R Pancholi & Co. | FY 2023 | 177882 |
Shareholding
The shareholding of Starflex Bellows Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Starflex Bellows Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2024 | 100852706 | Axis Bank Limited | ₹35 Lakh | Open | |
| 30 Dec 2021 | 100530618 | Others | ₹2 Cr | Open | |
| 30 Dec 2021 | 100531163 | Others | ₹25 Lakh | Open |
To see the full charge records of Starflex Bellows Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Starflex Bellows 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
Starflex Bellows Private Limited has 4 MSME Form 1 returns on record between 2021 and 2022, listing 19 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Starflex Bellows Private Limited |
To see the full MSME payment records of Starflex Bellows Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Starflex Bellows has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABECS3101J1ZP | Gujarat | Active | 25 Sep 2020 |
To see the full GST registrations and return filing status of Starflex Bellows Private Limited, buy the company report.
Recent activity
Starflex Bellows Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Dilip Singh was appointed as Director on 29 Aug 2020.
Frequently asked questions
Starflex Bellows is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 29 August 2020 (6+ years old) and is registered under CIN U29190GJ2020PTC115961.
Starflex Bellows has 2 current directors:
- Lalitadevi Dilipbhai Thakur - Director
- Dilip Singh - Director
The latest financial statements of Starflex Bellows on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Starflex Bellows is 24ABECS3101J1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Starflex Bellows is U29190GJ2020PTC115961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starflex Bellows was incorporated on 29 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Starflex Bellows by revenue are DTK Auto Press Comps. Private Limited, Nutech Wind Parts Private Limited, Variety Metals Pvt Ltd, Amko Mining and Drilling Equipments Private Limited, Sharda Forging and Stamping Pvt Ltd and 1 more, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Dilip Singh was appointed as Director on 29 Aug 2020. Lalitadevi Dilipbhai Thakur was appointed as Director on 29 Aug 2020.
Yes, Starflex Bellows is registered as an MSME under Udyam registration (number: UDYAM-GJ-24-0011897).
Starflex Bellows has 4 MSME Form 1 returns on record between 2021 and 2022, listing 19 overdue payments to 10 micro and small suppliers. The latest return was filed on 14 Sep 2023.
Starflex Bellows can be reached through the website starflexbellows.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Starflex Bellows is at 14 Sanskar Tenament 2 Maneja, Vadodara, Gujarat, India – 390013.

