About Start Rite Shoes Private Limited
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Start Rite Shoes Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 22 August 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U19200MH1972PTC015960. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ashok Ramchandra Mane (Whole-Time Director) and Shweta Ashok Mane.
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 411 – B Sussex Industrialestate Dk Cross Road Byculla, Mumbai, Maharashtra, India – 400027.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.88 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.16 Lakh (net margin 21.2%) and EBITDA of ₹4.56 Lakh (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹2.64 Cr and satisfied charges of ₹1.64 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website startriteshoes.com.
Company details
Contact details
Start Rite Shoes Private Limited's registered office is in Mumbai, Maharashtra. Its website is startriteshoes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address411 – B Sussex Industrialestate Dk Cross Road Byculla, Mumbai, Maharashtra, India – 400027
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Start Rite Shoes Private Limited, buy the company report.
- 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
Financials of Start Rite Shoes Private Limited
FY 2025 filings availableStart Rite Shoes Private Limited reported revenue of ₹14.88 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 51% 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 |
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| EBITDA | ₹4.56 Lakh | ||||
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| Net Profit (PAT) | ₹3.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 30.6% | ||||
| Net Profit Margin | 21.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Start Rite Shoes Private Limited, buy the company report.
Board of directors of Start Rite Shoes Private Limited
Start Rite Shoes has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Ramchandra Mane | Whole-Time Director | 17 Sep 2003 | 23 Years 1 Months | Current |
| Shweta Ashok Mane | Director | 08 Nov 2005 | 20 Years 11 Months | Current |
Peer comparison
Start Rite Shoes Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Freeway Exports India Private Limited | ₹15.84 Lakh (FY 2025) | -95.0% | Mumbai, Maharashtra, India | |||
| Amit India Footart Private Limited | ₹15.31 Lakh (FY 2024) | -14.0% | New Delhi, Delhi, India | |||
| DBS Polymers Private Limited | ₹15.1 Lakh (FY 2023) | 15.0% | Delhi, India | |||
| Paramount Footwears Private Limited | ₹15.02 Lakh (FY 2025) | 0.0% | Agra, Uttar Pradesh, India | |||
| LDML Sales Private Limited | ₹14.98 Lakh (FY 2025) | -3.0% | Agra, Uttar Pradesh, India | |||
| Start Rite Shoes Private Limitedthis company | ₹14.88 Lakh (FY 2025) | ₹3.16 Lakh | 21.2% | -8.0% | Mumbai, Maharashtra, India | |
| Ganesh Shoe Industries Private Limited | ₹14.04 Lakh (FY 2025) | -77.0% | New Delhi, Delhi, India | |||
| Fawaz Footwear Private Limited | ₹13.7 Lakh (FY 2019) | 98.0% | Road, Kilpauk, Chennai 600010, Tamil Nadu, India | |||
| Jairadha Madhav Footwear Private Limited | ₹13.1 Lakh (FY 2024) | -59.0% | Delhi, India | |||
| Xfinito Biodesigns Private Limited | ₹13.02 Lakh (FY 2023) | 8.0% | Bangalore, Karnataka, India | |||
| Rachna Polyplast Private Limited | ₹12.85 Lakh (FY 2020) | -11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Start Rite Shoes Private Limited, buy the company report.
Auditor
Start Rite Shoes Private Limited is audited by NANDAWAT & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANDAWAT & ASSOCIATES | FY 2021 | 140869W |
Shareholding
The shareholding of Start Rite Shoes Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Start Rite Shoes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2003 | 90164423 | Bank of Maharashtra | ₹10 Lakh | Open | |
| 12 Dec 2003 | 90165513 | Bank of Maharashtra | ₹10 Lakh | Open | |
| 16 Nov 2002 | 90165475 | Bank of Maharashtra | ₹4 Lakh | Open | |
| 25 Feb 2000 | 90163990 | Bank of Maharashtra | ₹17.5 Lakh | Open | |
| 24 Feb 2000 | 90163989 | Bank of Maharashtra | ₹17.5 Lakh | Open |
To see the full charge records of Start Rite Shoes Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Start Rite Shoes Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Start Rite Shoes 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 Start Rite Shoes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Start Rite Shoes has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Start Rite Shoes Private Limited, buy the company report.
Recent activity
Start Rite Shoes Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Anil Ramchandra Mane ceased to be Director on 31 Mar 2011.
21 earlier events are in the company report.
Frequently asked questions
Start Rite Shoes is an active private limited company based in Mumbai, Maharashtra, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 22 August 1972 (54+ years old) and is registered under CIN U19200MH1972PTC015960.
Start Rite Shoes has 2 current directors:
- Ashok Ramchandra Mane - Whole-Time Director
- Shweta Ashok Mane - Director
The latest financial statements of Start Rite Shoes 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.
No. Start Rite Shoes has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Start Rite Shoes is U19200MH1972PTC015960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Start Rite Shoes has 1 court case on record: 1 filed against it.
Start Rite Shoes was incorporated on 22 August 1972, making it 54+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Start Rite Shoes by revenue are Freeway Exports India Private Limited, Amit India Footart Private Limited, DBS Polymers Private Limited, Paramount Footwears Private Limited, LDML Sales Private Limited and 5 more, all in the Consumer Products industry (Footwear Manufacturers).
Anil Ramchandra Mane ceased to be Director on 31 Mar 2011. Shweta Ashok Mane was appointed as Director on 08 Nov 2005. Ashok Ramchandra Mane was appointed as Whole-Time Director on 17 Sep 2003.
Start Rite Shoes can be reached through the website startriteshoes.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Start Rite Shoes is at 411 – B Sussex Industrialestate Dk Cross Road Byculla, Mumbai, Maharashtra, India – 400027.