Star Industries Private Limited - Due diligence report

A 360° intelligence report on Star Industries Private Limited: trust score, financial health, credit view, compliance, directors, growth and…

1981-08-20 Mumbai, Maharashtra Converted To Llp Unlisted Active Compliant
Share
Connect MCP
SI Star Industries Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Star Industries Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
34/100
Trust Score
Caution Indicated

Star Industries Private Limited is assessed as Caution Indicated with a Trust Score of 34/100. Star Industries Private Limited is a private limited indian non-government company incorporated in 1981, operating in the Water Treatment sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 25 Jul 2026 from the latest processed filings. Star Industries Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
34/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
10/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
15/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 25 satisfied (62.83 cr).

Banking relationships (from registered charges)
LenderChargesAmount
The Bank Of Nova Scotia15 48.0 cr
Mashreqbank P.S.C.2 48.0 cr
The Maharashtra State Financial Corporation2 48.0 cr
Bank Of Maharashtra3 48.0 cr
The Bank Of Maharashtra3 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Converted To Llp" - not Active.
  • Balance sheet slightly behind (Mar 2024).
  • Flagged by authority: BANKS.
  • Litigation present in 4 court forum(s).
Legal cases on record (4)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
JUSTIN MARTINS 01234567 Director 01/04/2018 6 yrs Approved
RAOUL AJAI VERMA 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2021 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 15
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Operating for 44+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Negative net worth.
Adverse company status: Converted To Llp.
Compliance score is weak (5/100).
4 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence17/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment27/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view40/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
02 Sep 2024
Last AGM held
Annual general meeting
16 Aug 2024
Director ceased
JIMMY JAL BARIA
31 Mar 2024
Latest balance sheet
Filed with ROC
31 May 2023
Charge satisfied
The Maharashtra State Financial Corporation
26 Apr 2023
Charge satisfied
The Bank Of Maharashtra
30 Dec 2020
Director ceased
RAOUL AJAI VERMA
01 Oct 2020
Director appointed
RAOUL AJAI VERMA (Director)
16 Dec 2019
Charge satisfied
The Bank Of Nova Scotia
10 Oct 2012
Director ceased
AJAI VERMA
29 Sep 2012
Director ceased
JUSTIN MARTINS
03 Sep 2012
Director appointed
JUSTIN MARTINS (Director)
21 Jan 1999
Charge satisfied
The Bank Of Nova Scotia
14 Apr 1997
Charge created
The Bank Of Nova Scotia - 8.90 cr
28 Mar 1996
Charge satisfied
Mashreqbank P.S.C.
20 Jul 1995
Charge created
The Maharashtra State Financial Corporation - 80.00 Lakh
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
2 active director(s) / partner(s); board looks stable and experienced.
All 25 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2021 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Amricha Private Limited U41000HR2017PTC069308 Haryana, Haryana, India
Nirmaya Highrise Private Limited U41001WB2011PTC168011 Kolkata, West Bengal, India
Varnali Greens India Private Limited U41000UP2021PTC145127 Aligarh, Uttar Pradesh, India
Rita Project Private Limited U41000WB2019PTC233979 Kolkata, West Bengal, India
Om Ganesh Infranova Private Limited U41002MH2019PTC327887 Kandivlai West, Maharashtra, India
Marine Shell Appliances Private Limited U41000MH2017PTC302108 Thane, Maharashtra, India
Amv Vyapar Private Limited U41001HP2017PTC006717 Shimla, Himachal Pradesh, India
Grid Water Supply (Opc) Private Limited U41000MH2020OPC346918 Malegaon, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Star Industries Private Limited before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Star Industries Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 70/100, margin trends, ownership structure and peer set for Star Industries Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 34/100, distress signals and MSME payment-delay disclosures - know whether Star Industries Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Star Industries Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Star Industries Private Limited an active company?

Star Industries Private Limited has MCA status “Converted To Llp” with a compliance score of 5/100 (Caution Indicated).

Is Star Industries Private Limited financially healthy?

Star Industries Private Limited has a Financial Health Score of 10/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Star Industries Private Limited?

Its overall Trust Score is 34/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Star Industries Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Star Industries Private Limited have loans or charges against its assets?

No open charges - all 25 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Star Industries Private Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Star Industries Private Limited?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.