Starnext Innovations Private Limited

Starnext Innovations Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200PN2021PTC207274 Incorporated 29 December 2021 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology DPIIT Startup
Revenue · FY 2026
₹85.1 Cr
▼ 33% YoY
Net profit · FY 2026
₹5.97 Cr
Net margin 7%
EBITDA · FY 2026
₹9.81 Cr
EBITDA margin 11.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
48
Provident fund records

About Starnext Innovations Private Limited

Data last updated:

Starnext Innovations Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 December 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2021PTC207274. Its GSTIN is 27ABHCS5752N1ZN (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abhishek Nareshkumar Wagh and Rishikesh Shivprasad Oza.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pune, Maharashtra.

As per the financials filed for FY 2026, the company reported a revenue of ₹85.1 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹5.97 Cr (net margin 7%) and EBITDA of ₹9.81 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 297% over three years.

The company has about 48 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Star Next Innovation. 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. The company has 1 deal on record (1 secondary share transfer); the latest was in April 2023.

For more details, the company can be reached via its website starnextinnovations.com.

Company details

CIN U72200PN2021PTC207274
Registration Number 207274
Incorporation Date 29 December 2021
ROC Pune
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Key People
Abhishek Nareshkumar Wagh Director Rishikesh Shivprasad Oza Director Pavan Prasad Hasabnis Director

Recognitions & Rankings of Starnext Innovations

DPIIT recognised startup Government of India

Contact details

Starnext Innovations Private Limited's registered office is in Pune, Maharashtra. Its website is starnextinnovations.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    starnextinnovations.com
  • Registered Address
    Office No. 304 Bavdhan Kh. Fortune Plaza, Plno.43/52 Sno.1/10 Amchi Colony, Pune, Maharashtra, India – 411021
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Starnext Innovations Private Limited, buy the company report.

Comprehensive company report
Starnext Innovations 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

Starnext Innovations operates one associated brand: Star Next Innovation. Each brand links to its own profile.

BrandDescriptionWebsite
Star Next Innovation
Delivers comprehensive solutions in application development, digital marketing, and other IT services.starnextinnovations.com

Business activity

The main business activity of Starnext Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communication62Computer programming, consultancy and related activities

To see the full business activity and turnover split of Starnext Innovations Private Limited, buy the company report.

Financials of Starnext Innovations Private Limited

FY 2026 filings available

Starnext Innovations Private Limited reported revenue of ₹85.1 Cr (down 33% YoY) for FY 2026.

Revenue · FY 2026
₹85.1 Cr ▼ 33%
Net profit · FY 2026
₹5.97 Cr margin 7%
EBITDA · FY 2026
₹9.81 Cr margin 11.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 297%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 501%

Revenue fell 33% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 297%. EBITDA fell 14% 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹85.1 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹9.81 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.97 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin11.5%
Net Profit Margin7%
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 Starnext Innovations Private Limited, buy the company report.

Board of directors of Starnext Innovations Private Limited

Starnext Innovations has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhishek Nareshkumar WaghDirector29 Dec 20214 Years 10 MonthsCurrent
Rishikesh Shivprasad Oza
Also directs: Ameliorate Digital Consultancy Private Limited, Kuber Urban Projects LLP
Director26 Feb 20233 Years 8 MonthsCurrent
Pavan Prasad Hasabnis
Also directs: Claritas One LLP, Ameliorate Digital Consultancy Private Limited
Director26 Feb 20233 Years 8 MonthsCurrent
View all directors

Auditor

Starnext Innovations Private Limited is audited by A R Soni & Co. for the financial year 2026.

Auditor firmFinancial yearFirm registration number
A R Soni & Co.FY 2026128566W

Shareholding

The shareholding of Starnext Innovations Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Starnext Innovations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Dec 2024101029496Others₹5 CrOpen

To see the full charge records of Starnext Innovations Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Starnext Innovations Private Limited has 1 deal on record (1 secondary share transfer); the latest was in April 2023.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Apr 2023Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Starnext Innovations Private Limited has a workforce of 48 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
48
Active EPFO establishments
1
Employee growth
-15.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2748
FY 2025-26
FY 2024-25

To see the full employee and EPFO history of Starnext Innovations Private Limited, buy the company report.

GST

Starnext Innovations has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27ABHCS5752N1ZNMaharashtraActive26 Jan 2022

To see the full GST registrations and return filing status of Starnext Innovations Private Limited, buy the company report.

Recent activity

Starnext Innovations Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Pavan Prasad Hasabnis was appointed as Director on 26 Feb 2023.

Filing
Starnext Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
AGM
Starnext Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 500.00 Lakh registered on 31 Dec 2024 with Charge ID 101029496 was modified on 18 Jan 2025.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101029496 was registered on 31 Dec 2024.
Appointed
Pavan Prasad Hasabnis was appointed as Director.
Appointed
Rishikesh Shivprasad Oza was appointed as Director.
Ceased
Yatin Daulatrao Ghanwat ceased to be Director.
Appointed
Abhishek Nareshkumar Wagh was appointed as Director.
Appointed
Yatin Daulatrao Ghanwat was appointed as Director.
Incorporation
29 Dec 2021
Starnext Innovations Private Limited was registered on 29 Dec 2021 with Roc Pune & aged 4 years 10 months as per MCA records.

Frequently asked questions

Starnext Innovations is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 December 2021 (5+ years old) and is registered under CIN U72200PN2021PTC207274.

Starnext Innovations has 3 current directors:

The latest financial statements of Starnext Innovations on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Starnext Innovations is 27ABHCS5752N1ZN, registered in Maharashtra.

The CIN (Corporate Identification Number) of Starnext Innovations is U72200PN2021PTC207274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Starnext Innovations has 1 court case on record: 1 filed by the company. 1 is pending.

Starnext Innovations was incorporated on 29 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.

Starnext Innovations has 1 deal on record (1 secondary share transfer); the latest was in April 2023.

Pavan Prasad Hasabnis was appointed as Director on 26 Feb 2023. Rishikesh Shivprasad Oza was appointed as Director on 26 Feb 2023. Yatin Daulatrao Ghanwat ceased to be Director on 26 Feb 2023. Starnext Innovations has 5 board changes on record in total.

Yes, Starnext Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).