MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0009882
Win Star Industries Private Limited
Win Star Industries Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹94.78 Cr
▲ 11% YoY
Net profit · FY 2025
₹93.61 Lakh
Net margin 1%
EBITDA · FY 2025
₹2.47 Cr
EBITDA margin 2.6%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹48 Lakh
Issued & subscribed
Open charges
₹24.55 Cr
Satisfied ₹54.33 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
23
Provident fund records
About Win Star Industries Private Limited
Data last updated:
Win Star Industries Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1990PTC013982. Its GSTIN is 24AAACV7894G1ZZ (Gujarat).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹48 Lakh. It was formerly known as Vardhman Fashions Pvt Ltd. It is led by directors including Punamchand Lalchand Rathod and Dhanesh Punamchand Rathod.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 501 World Trade Centre Near Udhna Darwaja Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.78 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹93.61 Lakh (net margin 1%) and EBITDA of ₹2.47 Cr (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.55 Cr and satisfied charges of ₹54.33 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Win Star Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0009882). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17119GJ1990PTC013982
Registration Number 013982
Incorporation Date 03 July 1990
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0009882
Key People
Punamchand Lalchand Rathod Director Dhanesh Punamchand Rathod Director Shailesh Punamchand Rathod Director Recognitions & Rankings of Win Star Industries
Contact details
Win Star Industries Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address501 World Trade Centre Near Udhna Darwaja Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Win Star Industries Private Limited, buy the company report.
Comprehensive company report
Win Star Industries 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 Win Star Industries 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 Win Star Industries Private Limited, buy the company report.
Financials of Win Star Industries Private Limited
FY 2024 filings availableWin Star Industries Private Limited reported revenue of ₹94.78 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹94.78 Cr ▲ 11%
Net profit · FY 2025
₹93.61 Lakh margin 1%
EBITDA · FY 2025
₹2.47 Cr margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 5%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 17%
5 years · compounded
▼ 7%
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 13% 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 | ₹2.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹93.61 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 | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 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 Win Star Industries Private Limited, buy the company report.
Board of directors of Win Star Industries Private Limited
Win Star Industries has 3 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 |
|---|---|---|---|---|
| Punamchand Lalchand Rathod Also directs: Sayam Township LLP | Director | 02 Mar 2015 | 11 Years 8 Months | Current |
| Dhanesh Punamchand Rathod Also directs: Aura Signature LLP, Ultra Poly-Films Private Limited | Director | 03 Jan 2006 | 20 Years 10 Months | Current |
| Shailesh Punamchand Rathod Also directs: Aura Signature LLP | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Win Star Industries Private Limited is audited by Natvarlal Vepari & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Natvarlal Vepari & Company | FY 2022 | 123626W |
Shareholding
The shareholding of Win Star Industries Private Limited 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 Win Star Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.55 Cr
Satisfied charges
₹54.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2024 | 100982151 | Axis Bank Limited | ₹10 Cr | Open | |
| 20 Mar 2024 | 100913685 | Axis Bank Limited | ₹10 Cr | Open | |
| 02 Aug 2023 | 100773872 | Others | ₹4.55 Cr | Open | |
| 10 Sep 2020 | 100373767 | Others | ₹1.36 Cr | Satisfied | |
| 02 Aug 2018 | 100195571 | Others | ₹13 Lakh | Satisfied |
To see the full charge records of Win Star Industries Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Win Star Industries Private Limited has 3 court cases on record: 2 filed by Win Star Industries, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against The Asstt. Commissioner of Income Tax Circle 2( | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner Incometax, Surat-2 | Disposed |
To see the full case history of Win Star Industries 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
Win Star Industries Private Limited was last rated by Care on 21 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 21 Feb 2022 |
To see the full credit ratings and regulatory alerts of Win Star Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Win Star Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Win Star Industries Private Limited has a workforce of 23 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
-8%
GST
Win Star Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV7894G1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Win Star Industries Private Limited, buy the company report.
Recent activity
Win Star Industries Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Shailesh Punamchand Rathod was appointed as Director on 30 Mar 2015.
AGM
Win Star Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100982151 was registered on 18 Sep 2024.
Charges
A charge registered on 02 Aug 2018 via Charge ID 100195571 with Others was fully satisfied on 23 Jul 2024.
Charges
A charge registered on 21 Aug 2017 via Charge ID 100151236 with Others was fully satisfied on 23 Jul 2024.
Charges
A charge registered on 10 Sep 2020 via Charge ID 100373767 with Others was fully satisfied on 16 May 2024.
Filing
Win Star Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100913685 was registered on 20 Mar 2024.
Charges
A charge with Others amounted to Rs. 4.55 Cr with Charge ID 100773872 was registered on 02 Aug 2023.
Charges
A charge registered on 15 Jul 2016 via Charge ID 100041692 with Others was fully satisfied on 19 Jul 2022.
Charges
A charge with Others of Rs. 10.00 Cr registered on 21 Aug 2017 with Charge ID 100151236 was modified on 11 Jul 2022.
Charges
A charge with Others of Rs. 1.36 Cr registered on 10 Sep 2020 with Charge ID 100373767 was modified on 02 Feb 2021.
Charges
A charge with Others amounted to Rs. 1.36 Cr with Charge ID 100373767 was registered on 10 Sep 2020.
25 earlier events are in the company report.
Frequently asked questions
Win Star Industries is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 July 1990 (36+ years old) and is registered under CIN U17119GJ1990PTC013982.
Win Star Industries has 3 current directors:
- Punamchand Lalchand Rathod - Director
- Dhanesh Punamchand Rathod - Director
- Shailesh Punamchand Rathod - Director
The latest financial statements of Win Star Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Win Star Industries is 24AAACV7894G1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Win Star Industries is U17119GJ1990PTC013982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Win Star Industries has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Win Star Industries was incorporated on 03 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shailesh Punamchand Rathod was appointed as Director on 30 Mar 2015. Fulchand Lalchand Rathod ceased to be Director on 21 Mar 2015. Rajiv Sohalal Rathod ceased to be Director on 21 Mar 2015. Win Star Industries has 5 board changes on record in total.
Yes, Win Star Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0009882).
The registered office of Win Star Industries is at 501 World Trade Centre Near Udhna Darwaja Ring Road, Surat, Gujarat, India – 395002.
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