Star Flex Laminators Private Limited

Star Flex Laminators Private Limited - packaging in Mangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U02422KA2001PTC029361 Incorporated 03 August 2001 ROC Bangalore HQ Mangalore, Karnataka, India
Active Private Limited Company packaging MSME
Data last updated
Revenue · FY 2020
₹30.85 Cr
▲ 3% YoY
Net profit · FY 2020
₹28 Lakh
Net margin 0.9%
EBITDA · FY 2020
₹1.09 Cr
EBITDA margin 3.5%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Satisfied charges
₹26.7 Cr
No open charges
Company age
25 yrs
Est. 2001
Employees · EPFO
18
Provident fund records

About Star Flex Laminators Private Limited

Data last updated:

Star Flex Laminators Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the paper segment of the packaging sector. It was incorporated on 03 August 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02422KA2001PTC029361. Its GSTIN is 29AAFCS6684J1ZM (Karnataka).

The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors Nitesh Vinod Kotyan (Whole-Time Director) and Vitesh Vinod Kotian (Whole-Time Director).

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at B – 155 Industrial Areabaikampadi Mangalore, Karnataka, India – 575001.

As per the financials filed for FY 2020, the company reported a revenue of ₹30.85 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹28 Lakh (net margin 0.9%) and EBITDA of ₹1.09 Cr (EBITDA margin 3.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.

The company has about 18 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹26.7 Cr on record. Court records list 42 cases involving the company, including 9 filed by the company and 33 filed against it; 16 cases are pending.

Star Flex Laminators Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-11-0005300). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starflexmangalore.business.site.

Company details

CIN U02422KA2001PTC029361
Registration Number 029361
Incorporation Date 03 August 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-11-0005300

Recognitions & Rankings of Star Flex Laminators

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-11-0005300

Contact details

Star Flex Laminators Private Limited's registered office is in Mangalore, Karnataka. Its website is starflexmangalore.business.site. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B – 155 Industrial Areabaikampadi Mangalore, Karnataka, India – 575001
  • Industry
    Packaging, Paper, Laminated & Corrugated Packaging

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

Comprehensive company report
Star Flex Laminators 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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Business activity

The main business activity of Star Flex Laminators is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

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

Financials of Star Flex Laminators Private Limited

FY 2020 filings available

Star Flex Laminators Private Limited reported revenue of ₹30.85 Cr (up 3% YoY) for FY 2020.

Revenue · FY 2020
₹30.85 Cr ▲ 3%
Net profit · FY 2020
₹28 Lakh margin 0.9%
EBITDA · FY 2020
₹1.09 Cr margin 3.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 9%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 2%
5 years · compounded
▼ 6%

Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 2% 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 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹30.85 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹28 Lakh
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 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin3.5%
Net Profit Margin0.9%
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 Flex Laminators Private Limited, buy the company report.

Board of directors of Star Flex Laminators Private Limited

Star Flex Laminators has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitesh Vinod KotyanWhole-Time Director02 Jul 20197 Years 3 MonthsCurrent
Vitesh Vinod KotianWhole-Time Director26 Aug 201115 Years 1 MonthsCurrent

Shareholding

The shareholding of Star Flex Laminators Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
None
Satisfied charges
₹26.7 Cr
Breakdown by lending institutions
Others₹13.32 Cr
The South Indian Bank Limited₹6.64 Cr
Karnataka Bank Ltd.₹5.26 Cr
The South Indian Bank Ltd.₹1.48 Cr
Corporation Bank₹0.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Mar 2022100556149Others₹7.86 CrSatisfied
19 Aug 2020100372721Others₹5.46 CrSatisfied
23 Aug 2019100287837Karnataka Bank Ltd.₹5.26 CrSatisfied
24 Aug 201510590772The South Indian Bank Limited₹5.5 LakhSatisfied
06 Dec 201310467571The South Indian Bank Limited₹5 LakhSatisfied

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

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Star Flex Laminators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Star Flex Laminators Private Limited has a workforce of 18 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
18
Active EPFO establishments
1
Employee growth
-35.71%

GST

Star Flex Laminators has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCS6684J1ZMKarnatakaActive01 Jul 2017

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

Recent activity

Star Flex Laminators Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Balachandra M Kunder ceased to be Whole-Time Director on 29 Nov 2019.

Charges
A charge registered on 19 Aug 2020 via Charge ID 100372721 with Others was fully satisfied on 18 May 2023.
Charges
A charge registered on 24 Mar 2022 via Charge ID 100556149 with Others was fully satisfied on 17 May 2023.
Charges
A charge registered on 23 Aug 2019 via Charge ID 100287837 with Karnataka Bank Ltd. was fully satisfied on 26 Apr 2023.
Charges
A charge with Others amounted to Rs. 786.40 Lakh with Charge ID 100556149 was registered on 24 Mar 2022.
AGM
Star Flex Laminators Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with Others of Rs. 546.00 Lakh registered on 19 Aug 2020 with Charge ID 100372721 was modified on 22 Sep 2020.
Charges
A charge with Others amounted to Rs. 546.00 Lakh with Charge ID 100372721 was registered on 19 Aug 2020.
Filing
Star Flex Laminators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Ceased
Balachandra M Kunder ceased to be Whole-Time Director.
Ceased
Joseph Lobo Xavier ceased to be Whole-Time Director.
Charges
A charge with Karnataka Bank Ltd. of Rs. 526.00 Lakh registered on 23 Aug 2019 with Charge ID 100287837 was modified on 21 Nov 2019.
Ceased
Nitesh Vinod Kotyan ceased to be Additional Director.

19 earlier events are in the company report.

Frequently asked questions

Star Flex Laminators is an active private limited company based in Mangalore, Karnataka, India. The company works in paper, within the packaging industry. It was incorporated on 03 August 2001 (25+ years old) and is registered under CIN U02422KA2001PTC029361.

Star Flex Laminators has 2 current directors:

The latest financial statements of Star Flex Laminators on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.

The GSTIN of Star Flex Laminators is 29AAFCS6684J1ZM, registered in Karnataka.

The CIN (Corporate Identification Number) of Star Flex Laminators is U02422KA2001PTC029361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Star Flex Laminators has 42 court cases on record: 9 filed by the company and 33 filed against it. 16 are pending. Most are in the district courts.

Star Flex Laminators was incorporated on 03 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.

Balachandra M Kunder ceased to be Whole-Time Director on 29 Nov 2019. Joseph Lobo Xavier ceased to be Whole-Time Director on 29 Nov 2019. Nitesh Vinod Kotyan ceased to be Additional Director on 30 Sep 2019. Star Flex Laminators has 7 board changes on record in total.

Yes, Star Flex Laminators is registered as an MSME under Udyam registration (number: UDYAM-KR-11-0005300).

Star Flex Laminators can be reached through the website starflexmangalore.business.site. Its registered office is in Mangalore, Karnataka, India.