About Startell Bioceuticals Private Limited
Data last updated:
Startell Bioceuticals Private Limited is a private limited company based in Majiwada, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 25 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52394MH2016PTC280155. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Nilesh Ramesh Sarode and Bijal Kalpesh Desai.
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 Office No.1 Ground Floor New Hill View Chsl Behind Sachinam Tower., Majiwada, Maharashtra, India – 400601.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.08 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹8.14 Lakh (net margin 1.1%) and EBITDA of ₹17.06 Lakh (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 1% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Startell Bioceuticals. As per MCA filings, the company has open charges of ₹67 Lakh on record. Court records list 2 cases involving the company, including 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website startellbio.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No.1 Ground Floor New Hill View Chsl Behind Sachinam Tower., Majiwada, Maharashtra, India – 400601
- IndustryPharma, Drug Formulation & Development
- 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
Associated Brands with Startell Bioceuticals Private Limited
Startell Bioceuticals operates one associated brand: Startell Bioceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and distributing innovative pharmaceutical medicines in India and the USA. | startellbio.com |
Business Activity of Startell Bioceuticals Private Limited
The main business activity of Startell Bioceuticals is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | 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.
Auditor Details of Startell Bioceuticals Private Limited
Startell Bioceuticals Private Limited is audited by JELVIS HENRIQUES & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JELVIS HENRIQUES & CO | 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.
Board of Directors of Startell Bioceuticals Private Limited
Startell Bioceuticals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Ramesh Sarode Also directs: Startell Medical Management Services LLP, Sani Multitrades Private Limited, Inways Multitrade Private Limited and 1 more | Director | 05 May 2025 | 1 Years 5 Months | Current |
| Bijal Kalpesh Desai Also directs: Startell Medical Management Services LLP | Director | 25 Apr 2016 | 10 Years 5 Months | Current |
Financials of Startell Bioceuticals Private Limited FY 2025 filings available
Startell Bioceuticals Private Limited reported revenue of ₹7.08 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Startell Bioceuticals Private Limited
Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 137% 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 Startell Bioceuticals Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹17.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.14 Lakh | •••• | •••• | •••• | •••• |
| 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 Startell Bioceuticals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 Startell Bioceuticals are in the company report.
Financial statements from FY 2017
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.
Ownership and Shareholding of Startell Bioceuticals Private Limited
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 Startell Bioceuticals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2019 | Others | ₹67 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Startell Bioceuticals Private Limited
Startell Bioceuticals Private Limited has a workforce of 58 employees as of Mar 28, 2024.
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.
GST Compliance of Startell Bioceuticals Private Limited
Startell Bioceuticals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
Legal Cases of Startell Bioceuticals Private Limited
Startell Bioceuticals Private Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. All cases are pending. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Company is another party | Pending |
| District court, SURAT, Gujarat | Court case (SMCST) | Filed against the company by an individual | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Startell Bioceuticals Private Limited
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 Startell Bioceuticals Private Limited
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 Startell Bioceuticals Private Limited
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.
MCA Filings & Documents of Startell Bioceuticals Private Limited
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.
Recent Activity on Startell Bioceuticals Private Limited
Frequently Asked Questions about Startell Bioceuticals Private Limited
Startell Bioceuticals is an active private limited company based in Majiwada, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 25 April 2016 (10+ years old) and is registered under CIN U52394MH2016PTC280155.
Startell Bioceuticals reported revenue of ₹7.08 Cr for FY 2025 (up 30% YoY).
Startell Bioceuticals has 2 current directors:
- Nilesh Ramesh Sarode - Director
- Bijal Kalpesh Desai - Director
Startell Bioceuticals reported a net profit of ₹8.14 Lakh (net margin 1.1%) and EBITDA of ₹17.06 Lakh (EBITDA margin 2.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Startell Bioceuticals is 18% over three years and -1% over five years. In the latest year (FY 2025) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
No. Startell Bioceuticals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Startell Bioceuticals is U52394MH2016PTC280155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Startell Bioceuticals has 2 court cases on record: 1 filed against it. 2 are pending.
Startell Bioceuticals was incorporated on 25 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.