MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-GA-02-0002481
Starflex Sealing India Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹32.91 Cr
▲ 41% YoY
Net profit · FY 2025
₹60.38 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹5.53 Cr
EBITDA margin 16.8%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.46 Cr
Issued & subscribed
Open charges
₹3.78 Cr
Satisfied ₹8.4 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
40
Provident fund records
About Starflex Sealing India Private Limited
Data last updated:
Starflex Sealing India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 07 April 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1984PTC032609. Its GSTIN is 27AAACN1994R1ZP (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.46 Cr. It was formerly known as Flexitallic India Private Limited and N. Mohanlal (Engineering) Private Limited. It is led by directors including Shail Shailesh Shah and Shailesh Mohanlal Shah.
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 124 Nagdevi Street Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.91 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹60.38 Lakh (net margin 1.8%) and EBITDA of ₹5.53 Cr (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 24% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.78 Cr and satisfied charges of ₹8.4 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 1 case is pending.
Starflex Sealing India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0002481). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starflex.net.
Company details
CIN U99999MH1984PTC032609
Registration Number 032609
Incorporation Date 07 April 1984
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GA-02-0002481
Name history
Starflex Sealing India has undergone 2 name changes throughout its history. The company was previously known as Flexitallic India Private Limited, and N. Mohanlal (Engineering) Private Limited. The current legal name is Starflex Sealing India Private Limited.
| Company Name | Status |
|---|---|
| Starflex Sealing India Private Limited | Current |
| Flexitallic India Private Limited | Previous |
| N. Mohanlal (Engineering) Private Limited | Previous |
Recognitions & Rankings of Starflex Sealing India
Contact details
Starflex Sealing India Private Limited's registered office is in Mumbai, Maharashtra. Its website is starflex.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address124 Nagdevi Street Mumbai, Maharashtra, India – 400003
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Starflex Sealing India Private Limited, buy the company report.
Comprehensive company report
Starflex Sealing India 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 Starflex Sealing India is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Starflex Sealing India Private Limited, buy the company report.
Financials of Starflex Sealing India Private Limited
FY 2025 filings availableStarflex Sealing India Private Limited reported revenue of ₹32.91 Cr (up 41% YoY) for FY 2025.
Revenue · FY 2025
₹32.91 Cr ▲ 41%
Net profit · FY 2025
₹60.38 Lakh margin 1.8%
EBITDA · FY 2025
₹5.53 Cr margin 16.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 43%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 291%
3 years · compounded
▲ 256%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 41% growth in the latest year. EBITDA rose 291% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹60.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 16.8% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Sealing India Private Limited, buy the company report.
Board of directors of Starflex Sealing India Private Limited
Starflex Sealing India has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shail Shailesh Shah Also directs: Starflex Seals Private Limited, Starflex Gaskets Private Limited | Director | 01 Dec 2000 | 25 Years 11 Months | Current |
| Shailesh Mohanlal Shah Also directs: Starflex Seals Private Limited, Starflex Gaskets Private Limited | Director | 07 Apr 1984 | 42 Years 6 Months | Current |
| Sham Shailesh Shah | Director | 18 May 2015 | 11 Years 5 Months | Current |
Auditor
Starflex Sealing India Private Limited is audited by KARNAVAT & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARNAVAT & CO. | FY 2024 | 104863W |
Shareholding
The shareholding of Starflex Sealing India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Starflex Sealing India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.78 Cr
Satisfied charges
₹8.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2025 | 101112588 | Sidbi | ₹83 Lakh | Open | |
| 07 Feb 2013 | 10403080 | Small Industries Development Bank of India | ₹45 Lakh | Open | |
| 05 Oct 2011 | 10314721 | The Shamrao Vithal Co-Operative Bank Ltd | ₹1.5 Cr | Open | |
| 13 May 2008 | 10106070 | Small Industries Development Bank of India | ₹1 Cr | Open | |
| 16 Nov 2007 | 10080286 | Sicom Limited | ₹2 Cr | Satisfied |
To see the full charge records of Starflex Sealing India Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Starflex Sealing India Private Limited has 9 court cases on record: 4 filed by Starflex Sealing India, 5 filed against it. 1 case is pending and 8 are disposed.
Total cases
9
Filed by the company
4
Filed against the company
5
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 1 |
| District courts | 4 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Tci Express Limited, Through Piush Chachan | Disposed |
| District court, South Goa, Goa | Original application | Filed by the company against Gemini Engi Fab Limited and 2 others | Disposed |
| Bombay High Court | Appeal | Filed against the company by an individual | Pending |
| Bombay High Court | Tax appeal | Filed against the company by The Principal Commissioner of Income Tax-8 | Disposed |
| District court, South Goa, Goa | Court case (RCA) | Filed by the company against M/S. Aps Cosultant | Disposed |
To see the full case history of Starflex Sealing India 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 Starflex Sealing India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Starflex Sealing India Private Limited has a workforce of 40 employees on its EPFO records as of Feb 15, 2026, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
8.11%
GST
Starflex Sealing India has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1994R1ZP | Maharashtra | Active | 07 Mar 2018 |
| 30AAACN1679B1Z1 | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Starflex Sealing India Private Limited, buy the company report.
Recent activity
Starflex Sealing India Private Limited has 3 board changes on record since 1984: 3 appointments. The latest: Sham Shailesh Shah was appointed as Director on 18 May 2015.
AGM
Starflex Sealing India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 0.83 Cr with Charge ID 101112588 was registered on 17 Jun 2025.
Filing
Starflex Sealing India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Sham Shailesh Shah was appointed as Director.
Charges
A charge with The Shamrao Vithal Co-Operative Bank Ltd of Rs. 1.50 Cr registered on 05 Oct 2011 with Charge ID 10314721 was modified on 22 Mar 2013.
Charges
A charge registered on 16 Nov 2007 via Charge ID 10080286 with Sicom Limited was fully satisfied on 14 Feb 2013.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 0.45 Cr with Charge ID 10403080 was registered on 07 Feb 2013.
Charges
A charge with Small Industries Development Bank Of India of Rs. 1.00 Cr registered on 13 May 2008 with Charge ID 10106070 was modified on 02 Feb 2012.
Charges
A charge with The Shamrao Vithal Co-Operative Bank Ltd amounted to Rs. 1.50 Cr with Charge ID 10314721 was registered on 05 Oct 2011.
Charges
A charge with Sicom Limited of Rs. 2.00 Cr registered on 16 Nov 2007 with Charge ID 10080286 was modified on 06 Aug 2008.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 1.00 Cr with Charge ID 10106070 was registered on 13 May 2008.
Charges
A charge registered on 23 Apr 1997 via Charge ID 80040042 with Economic Development Corporation Of Goa Daman Deu Limited was fully satisfied on 27 Nov 2007.
8 earlier events are in the company report.
Frequently asked questions
Starflex Sealing India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 07 April 1984 (42+ years old) and is registered under CIN U99999MH1984PTC032609.
Starflex Sealing India has 3 current directors:
- Shail Shailesh Shah - Director
- Shailesh Mohanlal Shah - Director
- Sham Shailesh Shah - Director
The latest financial statements of Starflex Sealing India 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 2015 are in the company report.
The GSTIN of Starflex Sealing India is 27AAACN1994R1ZP, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AAACN1679B1Z1 (Goa).
The CIN (Corporate Identification Number) of Starflex Sealing India is U99999MH1984PTC032609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starflex Sealing India has 9 court cases on record: 4 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Starflex Sealing India was incorporated on 07 April 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Sham Shailesh Shah was appointed as Director on 18 May 2015. Shail Shailesh Shah was appointed as Director on 01 Dec 2000. Shailesh Mohanlal Shah was appointed as Director on 07 Apr 1984.
Yes, Starflex Sealing India is registered as a small enterprise under Udyam registration (number: UDYAM-GA-02-0002481).
Starflex Sealing India can be reached through the website starflex.net. Its registered office is in Mumbai, Maharashtra, India.
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