MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0027105
Sunstar Apparels Private Limited - fashion and textile in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.92 Cr
▲ 7% YoY
Net loss · FY 2025
₹45.37 Lakh
Net margin -2.7%
EBITDA · FY 2025
₹14.47 Lakh
EBITDA margin 0.9%
Authorised capital
₹3.75 Cr
Registered with MCA
Paid-up capital
₹3.7 Cr
Issued & subscribed
Open charges
₹10 Lakh
Satisfied ₹5.11 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
13
Provident fund records
About Sunstar Apparels Private Limited
Data last updated:
Sunstar Apparels Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the casual and branded wear segment of the fashion and textiles sector. It was incorporated on 03 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18101GJ2005PTC068011. Its GSTIN is 24AAJCS0725N1Z6 (Gujarat). The company holds 13 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹3.7 Cr. It is led by directors including Shakuntala Joshi and Munesh Joshi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 Sg Mall Opp. Home Town Thaltej, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.92 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹45.37 Lakh (net margin -2.7%) and EBITDA of ₹14.47 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Lakh and satisfied charges of ₹5.11 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Sunstar Apparels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0027105). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunstartshirts.com.
Company details
CIN U18101GJ2005PTC068011
Registration Number 068011
Incorporation Date 03 March 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0027105
CIN history
Sunstar Apparels has one previous CIN (Corporate Identification Number): U18101RJ2005PTC020383. The current CIN is U18101GJ2005PTC068011, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101GJ2005PTC068011 | Current |
| U18101RJ2005PTC020383 | Previous |
Recognitions & Rankings of Sunstar Apparels
Contact details
Sunstar Apparels Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sunstartshirts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address201 Sg Mall Opp. Home Town Thaltej, Ahmedabad, Gujarat, India – 380054
- IndustryFashion and Textile, Casual & Branded Wear
To see the full contact details of Sunstar Apparels Private Limited, buy the company report.
Comprehensive company report
Sunstar Apparels Private 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
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Business activity
The main business activity of Sunstar Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Sunstar Apparels Private Limited, buy the company report.
Financials of Sunstar Apparels Private Limited
FY 2025 filings availableSunstar Apparels Private Limited reported revenue of ₹16.92 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹16.92 Cr ▲ 7%
Net loss · FY 2025
₹45.37 Lakh margin -2.7%
EBITDA · FY 2025
₹14.47 Lakh margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 38%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 7% growth in the latest year. EBITDA fell 82% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹14.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹45.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 0.9% | ||||
| Net Profit Margin | -2.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Sunstar Apparels Private Limited, buy the company report.
Board of directors of Sunstar Apparels Private Limited
Sunstar Apparels has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shakuntala Joshi Also directs: Eco Village Farms LLP | Director | 03 Mar 2005 | 21 Years 7 Months | Current |
| Munesh Joshi Also directs: Groundberry LLP, Appletree Retail Private Limited | Director | 05 Jan 2007 | 19 Years 9 Months | Current |
| Radhey Shyam Joshi | Director | 03 Mar 2005 | 21 Years 7 Months | Current |
| Shipha Joshi Also directs: Appletree Retail Private Limited | Director | 30 Mar 2016 | 10 Years 6 Months | Current |
Peer comparison
Sunstar Apparels Private Limited is compared with the 8 companies closest to it by revenue in the Apparel industry (Casual Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shaswat Textiles Private Limited | ₹92.13 Cr (FY 2025) | 30.0% | Ahmedabad, Gujarat, India | |||
| Woolways (India) Limited | ₹54.72 Cr (FY 2017) | -60.0% | New Delhi, Delhi, India | |||
| Agwani Fashions Private Limited | ₹35.26 Cr (FY 2025) | -2.0% | Howrah, West Bengal, India | |||
| Annapurna Apparels Limited | ₹35.15 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Peridot Knitwears Pvt Ltd | ₹21.07 Cr (FY 2025) | 0.0% | Ludhiana, Punjab, India | |||
| Sunstar Apparels Private Limitedthis company | ₹16.92 Cr (FY 2025) | -₹45.37 Lakh | -2.7% | 7.0% | 13 | Ahmedabad, Gujarat, India |
| Jogur Apparel and Clothing Private Limited | ₹15.65 Cr (FY 2016) | 3.0% | New Delhi, Delhi, India | |||
| Jupiter Clothing Company Private Limited | ₹14.76 Cr (FY 2024) | -64.0% | Tirupur, Tamil Nadu, India | |||
| Asopalav Creations Private Limited | ₹11.51 Cr (FY 2024) | 0.0% | Surat, Gujarat, India |
To see the full peer comparison of Sunstar Apparels Private Limited, buy the company report.
Auditor
Sunstar Apparels Private Limited is audited by KPSJ & ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPSJ & ASSOCIATES LLP | FY 2022 | 124845W/W100209 |
Shareholding
The shareholding of Sunstar Apparels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunstar Apparels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Lakh
Satisfied charges
₹5.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2022 | 100649280 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 13 Sep 2017 | 100124332 | Hdfc Bank Limited | ₹4.11 Cr | Satisfied | |
| 13 Apr 2006 | 10003626 | Uco Bank | ₹1 Cr | Satisfied | |
| 27 Oct 2005 | 80002067 | Uco Bank | ₹- | Satisfied |
To see the full charge records of Sunstar Apparels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sunstar Apparels Private Limited has 1 court case on record: 1 filed by Sunstar Apparels. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
To see the full case history of Sunstar Apparels 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 Sunstar Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sunstar Apparels Private Limited has a workforce of 13 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-13.33%
GST
Sunstar Apparels has 13 GST registrations: 11 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
11
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCS0725N1Z6 | Gujarat | Active | 01 Jul 2017 |
| 06AAJCS0725N1Z4 | Haryana | Active | 01 Jul 2017 |
| 33AAJCS0725N1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
| 08AAJCS0725N1Z0 | Rajasthan | Active | 04 Aug 2017 |
To see the full GST registrations and return filing status of Sunstar Apparels Private Limited, buy the company report.
Recent activity
Sunstar Apparels Private Limited has 6 board changes on record since 2005: 4 appointments and 2 cessations. The latest: Munesh Joshi ceased to be Managing Director on 16 Mar 2022.
AGM
Sunstar Apparels Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Sunstar Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100649280 was registered on 28 Nov 2022.
Ceased
Munesh Joshi ceased to be Managing Director.
Charges
A charge registered on 13 Sep 2017 via Charge ID 100124332 with Hdfc Bank Limited was fully satisfied on 10 Aug 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 4.11 Cr registered on 13 Sep 2017 with Charge ID 100124332 was modified on 16 Sep 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.11 Cr with Charge ID 100124332 was registered on 13 Sep 2017.
Charges
A charge registered on 13 Apr 2006 via Charge ID 10003626 with Uco Bank was fully satisfied on 13 Sep 2017.
Appointed
Shipha Joshi was appointed as Director.
Ceased
Vijaylaxmi Joshi ceased to be Director.
Appointed
Munesh Joshi was appointed as Director.
Charges
A charge with Uco Bank amounted to Rs. 1.00 Cr with Charge ID 10003626 was registered on 13 Apr 2006.
5 earlier events are in the company report.
Frequently asked questions
Sunstar Apparels is an active private limited company based in Ahmedabad, Gujarat, India. The company works in casual and branded wear, within the fashion and textile industry. It was incorporated on 03 March 2005 (21+ years old) and is registered under CIN U18101GJ2005PTC068011.
Sunstar Apparels has 4 current directors:
- Shakuntala Joshi - Director
- Munesh Joshi - Director
- Radhey Shyam Joshi - Director
- Shipha Joshi - Director
The latest financial statements of Sunstar Apparels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunstar Apparels is 24AAJCS0725N1Z6, registered in Gujarat. The company has 13 GST registrations in all, of which 11 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAJCS0725N1Z4 (Haryana), 33AAJCS0725N1Z7 (Tamil Nadu), 08AAJCS0725N1Z0 (Rajasthan).
The CIN (Corporate Identification Number) of Sunstar Apparels is U18101GJ2005PTC068011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunstar Apparels has 1 court case on record: 1 filed by the company.
Sunstar Apparels was incorporated on 03 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sunstar Apparels by revenue are Shaswat Textiles Private Limited, Woolways (India) Limited, Agwani Fashions Private Limited, Annapurna Apparels Limited, Peridot Knitwears Pvt Ltd and 3 more, all in the Apparel industry (Casual Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Munesh Joshi ceased to be Managing Director on 16 Mar 2022. Shipha Joshi was appointed as Director on 30 Mar 2016. Vijaylaxmi Joshi ceased to be Director on 27 Dec 2013. Sunstar Apparels has 6 board changes on record in total.
Yes, Sunstar Apparels is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0027105).
Sunstar Apparels can be reached through the website sunstartshirts.com. Its registered office is in Ahmedabad, Gujarat, India.