Starplus Credits Pvt. Ltd.
About Starplus Credits Pvt. Ltd.
Data last updated:
Starplus Credits Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 25 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1993PTC059900.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹39.52 Lakh. It is led by directors including Rupsen Virsen Shah and Priyasen Rupsen Shah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 129/1 Bakul Bagan Road 4th Floor, Kolkata, West Bengal, India – 700025.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.6 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14,531 (net margin -5.6%) and EBITDA of -₹13,013 (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address129/1 Bakul Bagan Road 4th Floor, Kolkata, West Bengal, India – 700025
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Business Activity of Starplus Credits Pvt. Ltd.
The main business activity of Starplus Credits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Starplus Credits Pvt. Ltd. FY 2022 filings available
Starplus Credits Pvt. Ltd. reported revenue of ₹2.6 Lakh (up 208% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Starplus Credits Pvt. Ltd.
Revenue rose 208% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. EBITDA fell 754% 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 of Starplus Credits Pvt. Ltd.
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹13,013 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14,531 | •••• | •••• | •••• | •••• |
| 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 of Starplus Credits Pvt. Ltd.
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Starplus Credits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Starplus Credits Pvt. Ltd.
Starplus Credits has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupsen Virsen Shah Also directs: Genesis Dia Abrasives Private Limited | Director | 12 Oct 2009 | 17 Years 0 Months | Current |
| Priyasen Rupsen Shah Also directs: Genesis Dia Abrasives Private Limited | Director | 12 Oct 2009 | 17 Years 0 Months | Current |
| Nishit Dhirajlal Vora | Director | 22 Sep 2015 | 11 Years 0 Months | Current |
Peer Comparison of Starplus Credits Pvt. Ltd.
Starplus Credits Pvt. Ltd. is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Halcyon Trading Private Limited | ₹2.63 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Satellite Township Private Limited | ₹2.62 Lakh (FY 2024) | •••• | •••• | -14.0% | •••• | Kolkata, West Bengal, India |
| Olympia Securities Limited | ₹2.61 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Alliance Finstock Limited. | ₹2.61 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Pune, Maharashtra, India |
| Etinsure Insurance Web Aggregator Limited | ₹2.6 Lakh (FY 2025) | •••• | •••• | 58.0% | •••• | New Delhi, Delhi, India |
| Starplus Credits Pvt. Ltd. this company | ₹2.6 Lakh (FY 2022) | •••• | •••• | 208.0% | •••• | Kolkata, West Bengal, India |
| Yashrang Holdings Private Limited | ₹2.59 Lakh (FY 2022) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Dhawaleshwar Trading Private Limited | ₹2.59 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | East Mumbai, Maharashtra, India |
| Sripad Equities Private Limited | ₹2.58 Lakh (FY 2016) | •••• | •••• | -88.0% | •••• | Hyderabad, Telangana, India |
| Kaycee Commodity Services Private Limited | ₹2.58 Lakh (FY 2025) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| RSPK Consulting Services Private Limited | ₹2.58 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Starplus Credits by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Starplus Credits Pvt. Ltd.
Starplus Credits Pvt. Ltd. is audited by S G BAVISHI ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S G BAVISHI ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Starplus Credits Pvt. Ltd.
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Starplus Credits Pvt. Ltd.
Starplus Credits Pvt. Ltd. does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Starplus Credits Pvt. Ltd.
Employment history and EPFO contributions of people linked to Starplus Credits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Starplus Credits Pvt. Ltd.
Starplus Credits Pvt. Ltd. has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Nishit Dhirajlal Vora was appointed as Director on 22 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Starplus Credits Pvt. Ltd.
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Starplus Credits Pvt. Ltd.
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Starplus Credits Pvt. Ltd.
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Starplus Credits Pvt. Ltd.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Starplus Credits Pvt. Ltd.
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Starplus Credits Pvt. Ltd.
Starplus Credits is an active private limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 25 August 1993 (33+ years old) and is registered under CIN U51909WB1993PTC059900.
Starplus Credits reported revenue of ₹2.6 Lakh for FY 2022 (up 208% YoY).
Starplus Credits has 3 current directors:
- Rupsen Virsen Shah - Director
- Priyasen Rupsen Shah - Director
- Nishit Dhirajlal Vora - Director
Starplus Credits reported a net loss of ₹14,531 (net margin -5.6%) and EBITDA of -₹13,013 (EBITDA margin -5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Starplus Credits is -36% over three years and -28% over five years. In the latest year (FY 2022) revenue rose 208%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Starplus Credits is U51909WB1993PTC059900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starplus Credits was incorporated on 25 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Starplus Credits by revenue are Halcyon Trading Private Limited, Satellite Township Private Limited, Olympia Securities Limited, Alliance Finstock Limited, Etinsure Insurance Web Aggregator Limited and 5 more, all in the BFSI industry (Broking Services).
Nishit Dhirajlal Vora was appointed as Director on 22 Sep 2015. Pushpsen Virsen Shah ceased to be Director on 16 Feb 2015. Somnath Mukherjee ceased to be Director on 14 Nov 2009. Starplus Credits has 6 board changes on record in total.
The registered office of Starplus Credits is at 1291 Bakul Bagan Road 4th Floor, Kolkata, West Bengal, India – 700025.
Starplus Credits has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹39.52 Lakh.