MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-KL-02-0008398
V Star Creations Private Limited - fashion and textile in Thrikkakara, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹159.12 Cr
▲ 10% YoY
Net loss · FY 2025
₹1.88 Cr
Net margin -1.2%
EBITDA · FY 2025
₹4.27 Cr
EBITDA margin 2.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹56.75 Cr
Satisfied ₹34.48 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
220
Provident fund records
About V Star Creations Private Limited
Data last updated:
V Star Creations Private Limited is a private limited company based in Thrikkakara, Kerala, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 16 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U92113KL1996PTC010386. Its GSTIN is 32AAACV7968D1Z9 (Kerala). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Sheela Grace Kochouseph (Managing Director) and Mithun Kochouseph Chittilappilly.
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 Thrikkakara, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹159.12 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹1.88 Cr (net margin -1.2%) and EBITDA of ₹4.27 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 8% over five years.
The company has about 220 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: V-Star. As per MCA filings, the company has open charges of ₹56.75 Cr and satisfied charges of ₹34.48 Cr on record. Court records list 39 cases involving the company, including 37 filed by the company and 2 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1.8 Cr; the latest was in December 2008. Its 6 peer companies in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 3 smaller; the largest is Gokaldas Intimatewear Private Limited with revenue of ₹193.83 Cr. The company has 16 MSME Form 1 returns on record between 2017 and 2023, listing 419 overdue payments to 71 micro and small suppliers.
V Star Creations Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0008398). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vstar.in.
Company details
CIN U92113KL1996PTC010386
Registration Number 010386
Incorporation Date 16 May 1996
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-02-0008398
Key People
Sheela Grace Kochouseph Managing Director Mithun Kochouseph Chittilappilly Director Arun Chittilappilly Kochouseph Director Recognitions & Rankings of V Star Creations
Contact details
V Star Creations Private Limited's registered office is in Thrikkakara, Kerala. Its website is vstar.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No.VI/963 Ab V – Star Tower Near Thrikkara Temple Model Engineering, College Rd, Thrikkakara, Kerala, India – 682021
- IndustryFashion and Textile, Innerwear
To see the full contact details of V Star Creations Private Limited, buy the company report.
Comprehensive company report
V Star Creations 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 V Star Creations 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 V Star Creations Private Limited, buy the company report.
Financials of V Star Creations Private Limited
FY 2025 filings availableV Star Creations Private Limited reported revenue of ₹159.12 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹159.12 Cr ▲ 10%
Net loss · FY 2025
₹1.88 Cr margin -1.2%
EBITDA · FY 2025
₹4.27 Cr margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 3%
5 years · compounded
▲ 8%
EBITDA CAGR growth
3 years · compounded
▼ 32%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 10% growth 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.88 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | -1.2% | ||||
| 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 V Star Creations Private Limited, buy the company report.
Board of directors of V Star Creations Private Limited
V Star Creations has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mithun Kochouseph Chittilappilly Also directs: V Guard Industries Limited, V-Guard Consumer Products Limited, Sunflame Enterprises Private Limited and 1 more | Director | 05 May 2008 | 18 Years 6 Months | Current |
| Sheela Grace Kochouseph Also directs: K Chittilappilly Foundation | Managing Director | 01 Jun 2015 | 11 Years 5 Months | Current |
| Arun Chittilappilly Kochouseph Also directs: Wonderla Holidays Limited | Director | 29 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
V Star Creations Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Inner 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 |
|---|---|---|---|---|---|---|
| Gokaldas Intimatewear Private Limited | ₹193.83 Cr (FY 2019) | 21.0% | Bangalore, Karnataka, India | |||
| Best Tech Clothing Private Limited | ₹187.79 Cr (FY 2025) | 26.0% | Tirupur, Tamil Nadu, India | |||
| Shera Hosiery Private Limited | ₹183.6 Cr (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| V Star Creations Private Limitedthis company | ₹159.12 Cr (FY 2025) | -₹1.88 Cr | -1.2% | 10.0% | 220 | Thrikkakara, Kerala, India |
| Momai Apparels Limited | ₹138.51 Cr (FY 2016) | 12.0% | Mumbai, Maharashtra, India | |||
| Sri Balaji Knitwear Private Limited | ₹137.88 Cr (FY 2025) | 67.0% | Tiruppur, Tamil Nadu, India | |||
| Best Lifestyle Apparel Private Limited | ₹128.97 Cr (FY 2025) | 577.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of V Star Creations Private Limited, buy the company report.
Auditor
V Star Creations Private Limited is audited by VARMA & VARMA for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARMA & VARMA | FY 2024 | 004532S |
Shareholding
The shareholding of V Star Creations Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V Star Creations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹56.75 Cr
Satisfied charges
₹34.48 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2024 | 100941708 | Axis Bank Limited | ₹10.35 Cr | Open | |
| 26 Jul 2023 | 100757446 | Citi Bank N.A. | ₹20 Cr | Open | |
| 14 Jul 2021 | 100460689 | Others | ₹6.4 Cr | Open | |
| 04 Aug 2016 | 100050966 | Others | ₹15 Cr | Open | |
| 17 Jul 2013 | 10447088 | Hdfc Bank Limited | ₹5 Cr | Open |
To see the full charge records of V Star Creations Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
V Star Creations Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1.8 Cr; the latest was in December 2008.
Total deals
1
Funding round
1
Disclosed funding
₹1.8 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2008 | Funding round | ₹1.8 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
V Star Creations Private Limited has 39 court cases on record: 37 filed by V Star Creations, 2 filed against it. 2 cases are pending and 37 are disposed.
Total cases
39
Filed by the company
37
Filed against the company
2
Pending
2
Disposed
37
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 1 | 2 |
| High courts | 16 | 1 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against M/S. Novo Health & Hygiene Pvt. Ltd. | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against M S. Novo Health and Hygiene Pvt. Ltd | Disposed |
| District court, Ernakulam, Kerala | Court case (LP) | Filed by the company against M/S. Fallah Collections | Pending |
| District court, Ernakulam, Kerala | Court case (LP) | Filed by the company against M/S Womens,Rep.By Its Proprietor | Pending |
| District court, Kottayam, Kerala | Court case (OP MV) | Filed against the company by individuals | Disposed |
To see the full case history of V Star Creations 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.
Credit ratings & regulatory alerts
V Star Creations Private Limited was last rated by Icra on 26 Apr 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 Apr 2018 |
To see the full credit ratings and regulatory alerts of V Star Creations Private Limited, buy the company report.
MSME payment delays
V Star Creations Private Limited has 16 MSME Form 1 returns on record between 2017 and 2023, listing 419 overdue payments to 71 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 71)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Savvy Industries | |||
| Sachinam Fabrics Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of V Star Creations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
V Star Creations Private Limited has a workforce of 220 employees on its EPFO records as of Dec 09, 2024, across 1 active EPFO establishment.
Employee count
220
Active EPFO establishments
1
Employee growth
4.76%
GST
V Star Creations has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACV7968D1Z9 | Kerala | Active | 01 Jul 2017 |
| 29AAACV7968D1ZW | Karnataka | Active | 01 Jul 2017 |
| 33AAACV7968D1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
| 36AAACV7968D1Z1 | Telangana | Active | 07 Oct 2021 |
To see the full GST registrations and return filing status of V Star Creations Private Limited, buy the company report.
Recent activity
V Star Creations Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Arun Chittilappilly Kochouseph was appointed as Director on 29 Jul 2025.
AGM
V Star Creations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Arun Chittilappilly Kochouseph was appointed as Director.
Filing
V Star Creations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Axis Bank Limited of Rs. 10.35 Cr registered on 29 Jun 2024 with Charge ID 100941708 was modified on 02 Nov 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 17 Jul 2013 with Charge ID 10447088 was modified on 17 Oct 2024.
Charges
A charge registered on 19 Jun 2023 via Charge ID 100741018 with Citi Bank N.A. was fully satisfied on 15 Jul 2024.
Charges
A charge with Citi Bank N.A. of Rs. 20.00 Cr registered on 26 Jul 2023 with Charge ID 100757446 was modified on 03 Jul 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.35 Cr with Charge ID 100941708 was registered on 29 Jun 2024.
Charges
A charge with Others of Rs. 15.00 Cr registered on 04 Aug 2016 with Charge ID 100050966 was modified on 11 Mar 2024.
Charges
A charge with Citi Bank N.A. amounted to Rs. 20.00 Cr with Charge ID 100757446 was registered on 26 Jul 2023.
Charges
A charge with Citi Bank N.A. amounted to Rs. 20.00 Cr with Charge ID 100741018 was registered on 19 Jun 2023.
Charges
A charge with Others amounted to Rs. 6.40 Cr with Charge ID 100460689 was registered on 14 Jul 2021.
28 earlier events are in the company report.
Frequently asked questions
V Star Creations is an active private limited company based in Thrikkakara, Kerala, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 16 May 1996 (30+ years old) and is registered under CIN U92113KL1996PTC010386.
V Star Creations has 3 current directors:
- Sheela Grace Kochouseph - Managing Director
- Mithun Kochouseph Chittilappilly - Director
- Arun Chittilappilly Kochouseph - Director
The latest financial statements of V Star Creations 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 2015 are in the company report.
The GSTIN of V Star Creations is 32AAACV7968D1Z9, registered in Kerala. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 29AAACV7968D1ZW (Karnataka), 33AAACV7968D1Z7 (Tamil Nadu), 36AAACV7968D1Z1 (Telangana).
The CIN (Corporate Identification Number) of V Star Creations is U92113KL1996PTC010386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V Star Creations has 39 court cases on record: 37 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
V Star Creations was incorporated on 16 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ernakulam.
V Star Creations has 1 deal on record (1 funding round), with disclosed funding of ₹1.8 Cr; the latest was in December 2008.
The peers of V Star Creations by revenue are Gokaldas Intimatewear Private Limited, Best Tech Clothing Private Limited, Shera Hosiery Private Limited, Momai Apparels Limited, Sri Balaji Knitwear Private Limited and 1 more, all in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products).
Arun Chittilappilly Kochouseph was appointed as Director on 29 Jul 2025. Abraham Thariyan ceased to be Director on 01 Jun 2021. Vinu C Verghese ceased to be Additional Director on 01 Sep 2020. V Star Creations has 8 board changes on record in total.
Yes, V Star Creations is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-02-0008398).
V Star Creations has 16 MSME Form 1 returns on record between 2017 and 2023, listing 419 overdue payments to 71 micro and small suppliers. The latest return was filed on 18 Dec 2023.
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