MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-09-0008937
Startubes (India) Limited
Startubes (India) Limited - steel in Dehgam, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2025
₹211.3 Cr
▲ 483% YoY
Net profit · FY 2025
₹17.22 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹1.46 Cr
EBITDA margin 0.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹14 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
About Startubes (India) Limited
Data last updated:
Startubes (India) Limited is a public limited company based in Dehgam, Gujarat, India. It operates in the iron and steel segment of the steel sector. It was incorporated on 17 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2021PLC122659.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Startubes (India) Private Limited. It is led by directors including Kalpeshbhai Jamanlal Viroja and Bhautik Jamanadas Viroja.
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 Dehgam, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹211.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.22 Lakh (net margin 0.1%) and EBITDA of ₹1.46 Cr (EBITDA margin 0.7%).
As per MCA filings, the company has open charges of ₹14 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
Startubes (India) Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0008937).
Company details
CIN U27100GJ2021PLC122659
Registration Number 122659
Incorporation Date 17 May 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-GJ-09-0008937
CIN history
Startubes (India) has one previous CIN (Corporate Identification Number): U27100GJ2021PTC122659. The current CIN is U27100GJ2021PLC122659, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ2021PLC122659 | Current |
| U27100GJ2021PTC122659 | Previous |
Key People
Kalpeshbhai Jamanlal Viroja Director Bhautik Jamanadas Viroja Director Nital Kalpeshbhai Viroja Director Recognitions & Rankings of Startubes (India)
Contact details
Startubes (India) Limited's registered office is in Dehgam, Gujarat.
- Registered AddressBlock No. 225 Vehlal Bahiyal Road, Nr. Ramnagar Chokdi Kadadara, Dehgam, Gujarat, India – 382305
- IndustrySteel, Iron & Steel, Manufacturing
Comprehensive company report
Startubes (India) 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
Business activity
The main business activity of Startubes (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Startubes (India) Limited, buy the company report.
Financials of Startubes (India) Limited
FY 2025 filings availableStartubes (India) Limited reported revenue of ₹211.3 Cr (up 483% YoY) for FY 2025.
Revenue · FY 2025
₹211.3 Cr ▲ 483%
Net profit · FY 2025
₹17.22 Lakh margin 0.1%
EBITDA · FY 2025
₹1.46 Cr margin 0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 483%
EBITDA CAGR growth
1 year
▼ 9%
Revenue rose 483% in the latest year. EBITDA fell 9% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.46 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹17.22 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 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.7% | |||
| Net Profit Margin | 0.1% | |||
| 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 | ||||
To see the full financial statements and ratios of Startubes (India) Limited, buy the company report.
Board of directors of Startubes (India) Limited
Startubes (India) has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpeshbhai Jamanlal Viroja Also directs: Sarwani Metal Private Limited, Naksh Steel Limited | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Bhautik Jamanadas Viroja Also directs: Naksh Steel Limited | Director | 10 Aug 2023 | 3 Years 2 Months | Current |
| Nital Kalpeshbhai Viroja Also directs: Naksh Steel Limited | Director | 30 Dec 2024 | 1 Years 9 Months | Current |
| Shital Bhautikkumar Viroja Also directs: Naksh Steel Limited | Director | 30 Dec 2024 | 1 Years 9 Months | Current |
Peer comparison
Startubes (India) Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Other Minerals, Wood, MDF, Particle Board and Plywood), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SMS Smelters Limited | ₹226.53 Cr (FY 2025) | 2.0% | Naharlagun, Arunachal Pradesh, India | |||
| SK Minerals & Additives Limited | ₹212.15 Cr (FY 2025) | 95.0% | Khanna, Punjab, India | |||
| Startubes (India) Limitedthis company | ₹211.3 Cr (FY 2025) | ₹17.22 Lakh | 0.1% | 483.0% | Dehgam, Gujarat, India | |
| Euro Pratik Ispat (India) Private Limited | ₹208.57 Cr (FY 2024) | -69.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Startubes (India) Limited, buy the company report.
Charges & borrowings
Open charges
₹14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2022 | 100594124 | Indian Bank | ₹7 Cr | Open | |
| 12 Jul 2022 | 100594139 | Indian Bank | ₹7 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Startubes (India) Limited has 4 court cases on record: 1 filed by Startubes (India), 3 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Criminal miscellaneous application | Filed against the company by Indian Bank Through Sanjeev Kumar Thakor | Disposed |
| District court, RAJKOT, Gujarat | Criminal miscellaneous application | Filed against the company by Indian Bank | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 5 others | Disposed |
To see the full case history of Startubes (India) 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 Startubes (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Startubes (India) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Startubes (India) Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Nital Kalpeshbhai Viroja was appointed as Director on 30 Dec 2024.
AGM
Startubes (India) Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Startubes (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Nital Kalpeshbhai Viroja was appointed as Director.
Appointed
Shital Bhautikkumar Viroja was appointed as Director.
Appointed
Bhautik Jamanadas Viroja was appointed as Director.
Ceased
Sureshkumar Mansukhlal Kavathia ceased to be Director.
Charges
A charge with Indian Bank amounted to Rs. 7.00 Cr with Charge ID 100594124 was registered on 12 Jul 2022.
Charges
A charge with Indian Bank amounted to Rs. 7.00 Cr with Charge ID 100594139 was registered on 12 Jul 2022.
Appointed
Kalpeshbhai Jamanlal Viroja was appointed as Director.
Incorporation
17 May 2021
Startubes (India) Limited was registered on 17 May 2021 with Roc Ahmedabad & aged 5 years 5 months as per MCA records.
Frequently asked questions
Startubes (India) is an active public limited company based in Dehgam, Gujarat, India. The company works in iron and steel, within the steel industry. It was incorporated on 17 May 2021 (5+ years old) and is registered under CIN U27100GJ2021PLC122659.
Startubes (India) has 4 current directors:
- Kalpeshbhai Jamanlal Viroja - Director
- Bhautik Jamanadas Viroja - Director
- Nital Kalpeshbhai Viroja - Director
- Shital Bhautikkumar Viroja - Director
The latest financial statements of Startubes (India) 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 FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Startubes (India) is U27100GJ2021PLC122659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Startubes (India) has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Startubes (India) was incorporated on 17 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Startubes (India) by revenue are SMS Smelters Limited, SK Minerals & Additives Limited, Euro Pratik Ispat (India) Private Limited, all in the Metals and Minerals industry (Other Minerals, Wood, MDF, Particle Board and Plywood), with the same principal business activity (wholesale trading).
Nital Kalpeshbhai Viroja was appointed as Director on 30 Dec 2024. Shital Bhautikkumar Viroja was appointed as Director on 30 Dec 2024. Bhautik Jamanadas Viroja was appointed as Director on 10 Aug 2023. Startubes (India) has 5 board changes on record in total.
Yes, Startubes (India) is registered as an MSME under Udyam registration (number: UDYAM-GJ-09-0008937).
The registered office of Startubes (India) is at Block No. 225 Vehlal Bahiyal Road, Nr. Ramnagar Chokdi Kadadara, Dehgam, Gujarat, India – 382305.
Startubes (India) operates in the steel industry, in the iron and steel segment.