About S T P Ltd
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S T P Ltd is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Berger Paints India Limited. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 07 November 1935 and has been in existence for over 91 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U23109WB1935PLC008423. Its GSTIN is 19AAECS6339M1ZQ (West Bengal). The company holds 24 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.75 Cr. It was formerly known as Shalimar Tar Products (1935) Limited. It is led by directors including Rajesh Kanhaiyalal Joshi (Managing Director) and Sandeep Chowfla.
Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Berger House 129 Park Street, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹396.03 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹21.61 Cr (net margin 5.5%) and EBITDA of ₹39.88 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 18% over five years.
The company has about 314 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: STP Ltd. As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹145.7 Cr on record. Court records list 278 cases involving the company, including 188 filed by the company and 90 filed against it; 20 cases are pending. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.7 Cr; the latest was in November 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stpltd.com.
Company details
CIN history
S T P has one previous CIN (Corporate Identification Number): U23109WB1935PTC008423. The current CIN is U23109WB1935PLC008423, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23109WB1935PLC008423 | Current |
| U23109WB1935PTC008423 | Previous |
Contact details
S T P Ltd's registered office is in Kolkata, West Bengal. Its website is stpltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBerger House 129 Park Street, Kolkata, West Bengal, India – 700017
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of S T P Ltd, 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
Brands
S T P operates one associated brand: STP Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction chemicals, flooring, and coal tar products are manufactured. | stpltd.com |
Business activity
The main business activity of S T P is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of S T P Ltd, buy the company report.
Financials of S T P Ltd
FY 2025 filings availableS T P Ltd reported revenue of ₹396.03 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 8% growth in the latest year. EBITDA fell 12% 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 | ₹39.88 Cr | ||||
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| Net Profit (PAT) | ₹21.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of S T P Ltd, buy the company report.
Board of directors of S T P Ltd
S T P has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kanhaiyalal Joshi | Managing Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Sandeep Chowfla | Director | 29 Nov 2019 | 6 Years 10 Months | Current |
| Krishna Sai Kilambi Also directs: Berger Rock Paints Private Limited | Director | 01 Nov 2019 | 6 Years 11 Months | Current |
| Anil Kumar Mehrotra Also directs: SBL Specialty Coatings Private Limited | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
| Jai Prakash Kukreja | Nodal Officer | 20 Dec 2019 | 6 Years 10 Months | Current |
| Kanwardip Dhingra Singh Also directs: Berger Paints India Limited, U K Paints (India) Private Limited, SBL Specialty Coatings Private Limited and 5 more | Director | 19 Jan 2022 | 4 Years 9 Months | Current |
Auditor
S T P Ltd is audited by L B Jha & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L B Jha & Co | FY 2024 | 301088E |
Shareholding
The shareholding of S T P Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of S T P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2024 | 100881223 | State Bank of India | ₹50 Cr | Open | |
| 20 Aug 2019 | 100282103 | Others | ₹3 Cr | Satisfied | |
| 21 May 2019 | 100268998 | Karnataka Bank Ltd. | ₹5 Cr | Satisfied | |
| 25 Mar 2019 | 100257674 | Axis Bank Limited | ₹12.6 Cr | Satisfied | |
| 05 Jan 2015 | 10544508 | State Bank of Hyderabad | ₹2 Cr | Satisfied |
To see the full charge records of S T P Ltd, buy the company report.
Total charge records: 21 View all charges
Deals & funding
S T P Ltd has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.7 Cr; the latest was in November 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: Berger Paints India Limited Seller: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: Berger Paints India Limited Seller: Turner Morrison Ltd , Bodhi Art Limited, Vasundhara Holdings Ltd |
| Jul 2013 | Rights issue | ₹6.97 Cr | Investors: Turner Morrison Ltd , 3 individuals |
| Mar 2011 | Funding round | ₹3.7 Cr | Investors: Homage Estates Limited , Tuareg Properties and Securities Services Limited , Grahams Investments Ltd |
| Aug 2007 | Funding round | ₹8 Cr | Investors: Usc Trades Pvt Ltd , Mohindra Finvest Private Limited , Chaplet Tracon Pvt Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
S T P Ltd has 278 court cases on record: 188 filed by S T P, 90 filed against it. 20 cases are pending and 258 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 142 | 50 | 3 |
| District courts | 123 | 36 | 17 |
| Supreme Court | 13 | 4 | 0 |
Cases on record (5 of 278)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Dia 33 Enterprises India LLP and Others | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Dakshin Gujarat Vij Company Limited and 2 others | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Tarmat Ltd. | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against BGR Energy Systems Ltd | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Advance Ventilation Pvt. Ltd and Others | Disposed |
To see the full case history of S T P Ltd, 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.
Credit ratings & regulatory alerts
S T P Ltd was last rated by Icra on 29 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Dec 2021 |
To see the full credit ratings and regulatory alerts of S T P Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for S T P Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
S T P Ltd has a workforce of 314 employees on its EPFO records as of Apr 05, 2024, across 7 active EPFO establishments.
GST
S T P has 24 GST registrations: 13 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECS6339M1ZQ | West Bengal | Active | 01 Jul 2017 |
| 07AAECS6339M1ZV | Delhi | Active | 01 Jul 2017 |
| 09AAECS6339M1ZR | Uttar Pradesh | Active | 01 Jul 2017 |
| 20AAECS6339M1Z7 | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S T P Ltd, buy the company report.
Recent activity
S T P Ltd has 23 board changes on record since 2007: 8 appointments and 15 cessations. The latest: Anil Kumar Mehrotra ceased to be Additional Director on 03 Aug 2023.
60 earlier events are in the company report.
Frequently asked questions
S T P is an active public limited company based in Kolkata, West Bengal, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 07 November 1935 (91+ years old) and is registered under CIN U23109WB1935PLC008423.
S T P has 8 current directors:
- Rajesh Kanhaiyalal Joshi - Managing Director
- Sandeep Chowfla - Director
- Krishna Sai Kilambi - Director
- Anil Kumar Mehrotra - Director
- Kanwardip Dhingra Singh - Director
- Aniruddha Sen - Director
- Rishma Kaur - Director
- Jai Prakash Kukreja - Nodal Officer
The latest financial statements of S T P on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of S T P is 19AAECS6339M1ZQ, registered in West Bengal. The company has 24 GST registrations in all, of which 13 are active and 11 are cancelled or inactive. Other active GSTINs include 07AAECS6339M1ZV (Delhi), 09AAECS6339M1ZR (Uttar Pradesh), 20AAECS6339M1Z7 (Jharkhand).
The CIN (Corporate Identification Number) of S T P is U23109WB1935PLC008423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S T P has 278 court cases on record: 188 filed by the company and 90 filed against it. 20 are pending. Most are in the high courts.
S T P was incorporated on 07 November 1935, making it 91+ years old. It is registered with the Registrar of Companies, Kolkata.
S T P has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.7 Cr; the latest was in November 2019.
Anil Kumar Mehrotra ceased to be Additional Director on 03 Aug 2023. Anil Kumar Mehrotra was appointed as Director on 19 Apr 2023. Kanwardip Dhingra Singh ceased to be Additional Director on 25 Aug 2022. S T P has 23 board changes on record in total.
S T P can be reached through the website stpltd.com. Its registered office is in Kolkata, West Bengal, India.