Starol Petroleum Limited Company Logo

Starol Petroleum Limited - Company Profile

It is a chemicals and materials public limited company based in Mumbai, Maharashtra, India, established in 1997.

1997 | Mumbai, Maharashtra, India | Active
Last Updated:

About Starol Petroleum Limited

Starol Petroleum Limited, a active public limited company, was established on 12 August 1997 in Mumbai, Maharashtra, India. Engaging in petrochemicals & derivatives within the trade sector, it holds CIN: U23200MH1997PLC110030. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹4.63 M.

It upholds a compliant status. Its leadership includes Mahendra Mangilal Jain (Director), Mangilal Khimraj Jain (Director Appointed In Casual Vacancy), Lata Hemant Jain (Director). Past directors included Ramniklal Jain, Hemant Mangilal Jain. It holds ₹3.52 Cr open charges and ₹5.20 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 431 B-Wing, Orchard Road Mall,Survey No 169 Royal Palm, Aarey Milk Colony, Goregoan, East, Mumbai, Maharashtra, 400065.

Company Details

  • CIN/LLPIN

    U23200MH1997PLC110030

  • Registration Number

    110030

  • Incorporation Date

    12 August 1997

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹4.63 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.63 M
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.52 Cr
  • Satisfied Charges ₹ 5.20 Cr
  • Revenue Growth 10.52%
  • Profit Growth 126.71%
  • Ebitda 0.16%
  • Net Worth 4.52%
  • Total Assets 18.77%
Company report

Starol Petroleum Limited

Company Report FY 2025-2026

Explore comprehensive insights into Starol Petroleum Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Starol Petroleum Limited?

Current Directors

NameDesignationAppointment DateStatus
Mahendra Mangilal JainDirector20 Nov 1998Current
Mangilal Khimraj JainDirector Appointed In Casual Vacancy05 Mar 2024Current
Lata Hemant JainDirector19 Jul 2009Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector19 Jul 2009Past
Pramod AbcsddDirector17 Feb 2024Past

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Financial Performance of Starol Petroleum.

Starol Petroleum Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.52% increase. The company also saw a substantial improvement in profitability, with a 126.71% increase in profit. The company's net worth moved up by a moderate rise of 4.52%.

Starol Petroleum revenue growth over time
Starol Petroleum profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
10.52%
Revenue from Operations
17.88%
Total Assets
18.77%
Profit or Loss
126.71%
Net Worth
4.52%
EBITDA
0.16%

What is the Ownership and Shareholding Structure of Starol Petroleum?

In 2023, Starol Petroleum had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹35,244,818.00

Satisfied Charges

₹52,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 3.52 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2017Others₹3.52 CrOpen
13 Aug 2015Tata Capital Financial Services Limited₹3.00 CrSatisfied
17 Feb 2012Oriental Bank Of Commerce₹1.40 CrSatisfied
30 Jan 2004Indian Overseas Bank₹8.00 MSatisfied

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How Many Employees Work at Starol Petroleum?

Unlock and access historical data on people associated with Starol Petroleum, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Starol Petroleum Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Starol Petroleum, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Starol Petroleum's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Starol Petroleum

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Starol Petroleum Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Starol Petroleum Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Director Appointment

    Mangilal Khimraj Jain was appointed as a Director appointed in casual vacancy was appointed as a Director appointed in casual vacancy on 05 Mar 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.

  • Charges

    A charge registered on 13 Aug 2015 via Charge ID 10590341 with Tata Capital Financial Services Limited was fully satisfied on 21 Dec 2017. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 35.24 M with Charge ID 100173572 was registered on 31 Oct 2017. was completed.

  • Charges

    Progress on A charge registered on 17 Feb 2012 via Charge ID 10341517 with Oriental Bank Of Commerce was fully satisfied on 03 Sep 2015. was documented.

Frequently Asked Questions

  • What is the CIN of Starol Petroleum Limited?

    The CIN of Starol Petroleum Limited is U23200MH1997PLC110030.

  • Where is Starol Petroleum Limited headquartered?

    Starol Petroleum Limited is headquartered at 431 B-Wing, Orchard Road Mall,Survey No 169 Royal Palm, Aarey Milk Colony, Goregoan, East, Mumbai, Maharashtra, 400065.

  • When was Starol Petroleum Limited incorporated?

    Starol Petroleum Limited was incorporated on 12 August 1997.

  • Who are the current directors of Starol Petroleum Limited?

    The current directors of Starol Petroleum Limited are

  • What is the primary industry of Starol Petroleum Limited?

    The primary industry of Starol Petroleum Limited is Trade.

  • Is Starol Petroleum Limited a listed company?

    Starol Petroleum Limited is unlisted.

  • What is the capital structure of Starol Petroleum Limited?

    The authorized capital of Starol Petroleum Limited is ₹5.00 M, and the paid-up capital is ₹4.63 M.

  • What is the compliance status of Starol Petroleum Limited?

    The compliance status of Starol Petroleum Limited is Compliant.

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