Starwork Papers Private Limited
About Starwork Papers Private Limited
Data last updated:
Starwork Papers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 04 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17111DL2005PTC135811. Its GSTIN is 09AACCD4691B1ZS (Uttar Pradesh).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.74 Cr. It was formerly known as Devpriya Fibres Private Limited and Kanav Papers Private Limited. It is led by directors including Sunny Gupta (Whole-Time Director) and Ankit Gupta.
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 4 Shankar Viharvikas Marg, New Delhi, Delhi, India – 110032.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.8 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹2.59 Cr (net margin -15.4%) and EBITDA of -₹1.76 Cr (EBITDA margin -10.5%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 28% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹56.53 Cr on record. Court records list 15 cases involving the company, including 14 filed by the company and 1 filed against it; 3 cases are pending. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹5.41 Cr; the latest was in September 2015. Its 10 peer companies in the Manufacturing industry (Paper) are compared by revenue, 5 larger and 5 smaller; the largest is Rastogi Brothers Paper Convertor Private Limited with revenue of ₹17.23 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address4 Shankar Viharvikas Marg, New Delhi, Delhi, India – 110032
- IndustryManufacturing, Paper & Packaging Products
- 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 Starwork Papers Private Limited
The main business activity of Starwork Papers is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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 Starwork Papers Private Limited FY 2025 filings available
Starwork Papers Private Limited reported revenue of ₹16.8 Cr (down 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Starwork Papers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 84% fall in the latest year. EBITDA fell 295% 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 Starwork Papers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.59 Cr | •••• | •••• | •••• | •••• |
| 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 Starwork Papers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.4% | •••• | •••• | •••• | •••• |
| 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 Starwork Papers 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.
Peer Comparison of Starwork Papers Private Limited
Starwork Papers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paper). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rastogi Brothers Paper Convertor Private Limited | ₹17.23 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Lucknow, Uttar Pradesh, India |
| Next Gen Paper Solutions Private Limited | ₹17.1 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| SPC Shree Krishna Foodtech Private Limited | ₹17.07 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Kolkata, West Bengal, India |
| Surya Coats Private Limited | ₹16.94 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Ta Kadi, Gujarat, India |
| Global Packaging Products Private Limited | ₹16.91 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Yavatmal, Maharashtra, India |
| Starwork Papers Private Limited this company | ₹16.8 Cr (FY 2024) | •••• | •••• | -84.0% | •••• | New Delhi, Delhi, India |
| Western Kraft & Paper Private Limited | ₹16.79 Cr (FY 2024) | •••• | •••• | 418.0% | •••• | Alwar, Rajasthan, India |
| Tanya Paper Distributors Private Limited | ₹16.71 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Subhodaya Paper Products Private Limited | ₹16.68 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| K.G. Data Forms Private Limited | ₹16.51 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Ajanta Paper and General Products Limited | ₹16.48 Cr (FY 2021) | •••• | •••• | -19.0% | •••• | Kalyan, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Starwork Papers by revenue in the Manufacturing industry (Paper), 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 Starwork Papers Private Limited
Starwork Papers Private Limited is audited by SHIAM & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIAM & 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 Starwork Papers Private Limited
Starwork Papers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Gupta Also directs: Star Kraft Papers Private Limited, Pashupatinath Fertichem Private Limited, NG Tradexport Private Limited and 2 more | Director | 16 Apr 2021 | 5 Years 6 Months | Current |
| Nitin Gupta Also directs: Star Kraft Papers Private Limited, Shyam Tradeport Private Limited | Director | 05 Sep 2021 | 5 Years 1 Months | Current |
| Sunny Gupta | Whole-Time Director | 04 May 2005 | 21 Years 5 Months | Current |
Ownership and Shareholding of Starwork Papers 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 Starwork Papers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2023 | Canara Bank | ₹31.4 Lakh | Satisfied |
| 27 Mar 2023 | Canara Bank | ₹12.95 Lakh | Satisfied |
| 30 Oct 2021 | Canara Bank | ₹1.49 Cr | Satisfied |
| 23 Dec 2020 | Canara Bank | ₹2 Cr | Satisfied |
| 01 Dec 2020 | Hdfc Bank Limited | ₹19.8 Cr | Satisfied |
Total charge records: 14 View all charges
Deals & Funding of Starwork Papers Private Limited
Starwork Papers Private Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹5.41 Cr; the latest was in September 2015.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Funding round | ₹1.89 Cr | Investors: S D R Trading Private Limited , SMG Tradelink Private Limited , Muskan Papers Private Limited |
| Mar 2014 | Funding round | ₹69.9 Lakh | Investors: Devashray Properties Private Limited , Muskan Papers Private Limited , S D R Trading Private Limited |
| Mar 2011 | Funding round | ₹86 Lakh | Investors: N.G Tradexports Private Limited, Shyam Tradeport Private Limited , Akshay Trademart Private Limited , an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Abhiruchi Consultants Private Limited , Rajeev Gupta & Sons (Huf), 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Abhiruchi Consultants Private Limited , an individual Seller: A.K. Gupta & Sons (Huf), S.C. Gupta & Sons (Huf), 2 individuals |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Starwork Papers Private Limited
Starwork Papers Private Limited has 15 court cases on record: 14 filed by Starwork Papers, 1 filed against it. 3 cases are pending and 12 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 2 |
| High courts | 7 | 0 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed by the company against U. P. Power Corporation Limited | Pending |
| District court, Meerut, Uttar Pradesh | Civil suit | Filed by the company against an individual | Pending |
| District court, Meerut, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P | Disposed |
| District court, Udham Singh Nagar, Uttarakhand | Court case (Original Civil Suits) | Filed against the company by Hydrochem Special Chemicals Pvt Ltd | Disposed |
Full case history
All 15 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.
Employees and EPFO Compliance at Starwork Papers Private Limited
Starwork Papers Private Limited has a workforce of 8 employees as of Mar 30, 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.
Name History of Starwork Papers Private Limited
Starwork Papers has undergone 4 name changes throughout its history. The current legal name is Starwork Papers Private Limited.
| Company Name | Status |
|---|---|
| Starwork Papers Private Limited | Current |
| Devpriya Fibres Private Limited | Previous |
| Kanav Papers Private Limited | Previous |
| New Star Kraft Papers Private Limited | Previous |
| New Star Papers Private Limited | Previous |
Recent Activity on Starwork Papers Private Limited
Starwork Papers Private Limited has 10 board changes on record since 2005: 3 appointments and 7 cessations. The latest: Ajay Goel ceased to be Director on 23 Dec 2021.
32 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Starwork Papers 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 Starwork Papers 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 Starwork Papers 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.
GST Compliance of Starwork Papers Private Limited
Starwork Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCD4691B1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
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 Starwork Papers 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.
Frequently Asked Questions about Starwork Papers Private Limited
Starwork Papers is an active private limited company based in New Delhi, Delhi, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 04 May 2005 (21+ years old) and is registered under CIN U17111DL2005PTC135811.
Starwork Papers reported revenue of ₹16.8 Cr for FY 2024 (down 84% YoY).
Starwork Papers has 3 current directors:
- Sunny Gupta - Whole-Time Director
- Ankit Gupta - Director
- Nitin Gupta - Director
Starwork Papers reported a net loss of ₹2.59 Cr (net margin -15.4%) and EBITDA of -₹1.76 Cr (EBITDA margin -10.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Starwork Papers is -32% over three years and -28% over five years. In the latest year (FY 2024) revenue fell 84%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Starwork Papers is 09AACCD4691B1ZS, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Starwork Papers is U17111DL2005PTC135811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starwork Papers has 15 court cases on record: 14 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Starwork Papers was incorporated on 04 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Starwork Papers has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹5.41 Cr; the latest was in September 2015.
The peers of Starwork Papers by revenue are Rastogi Brothers Paper Convertor Private Limited, Next Gen Paper Solutions Private Limited, SPC Shree Krishna Foodtech Private Limited, Surya Coats Private Limited, Global Packaging Products Private Limited and 5 more, all in the Manufacturing industry (Paper).