Multistar Retail Private Limited

Operates exclusive stores for popular brands in multiple cities across India.

1999 | Nagpur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Multistar Retail Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 26.25 Cr
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 60.24 Cr
  • Revenue Growth 82394.11%
  • Profit Growth 22.15%
  • Ebitda -32.26%
  • Net Worth 57.70%
  • Total Assets -93.10%

About Multistar Retail

Multistar Retail Private Limited (MRPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 July 1999 and has a history of 25 years and seven months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Tristar Management Consultants Private Limited. The Company is engaged in the Consumer Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 26.25 Cr.

The company has closed loans amounting to ₹60.24 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kamal Kothari, Ashok Urkude, Pravin Choudhari, and One other member serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tristar-retail.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140MH1999PTC120649

  • Company No.

    120649

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Services

What products or services does Multistar Retail Private Limited offer?

Multistar Retail Private Limited offers a wide range of products and services, including Crushing Machines & Plants, Cone Crusher, Grinding Mill, Ball Mills, Vibrating Screens.

Who are the key members and board of directors at Multistar Retail?

Executive Team (1)

NameDesignationAppointment DateStatus
Kamal Kothari Country flag representing In Managing Director19-Jul-2005Current

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Urkude Country flag representing In Director 25-Sep-2014Current
Pravin Choudhari Country flag representing In Additional Director 02-Oct-2024Current
Manoj Mohurle Additional Director 02-Oct-2024Current

Financial Performance of Multistar Retail.

Tristar Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82394.11% increase. The company also saw a substantial improvement in profitability, with a 22.15% increase in profit. The company's net worth Soared by an impressive increase of 57.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
82394.11%
Revenue from Operations
Total Assets
-93.10%
Profit or Loss
22.15%
Net Worth
57.70%
EBITDA
-32.26%

What is the Ownership and Shareholding Structure of Multistar Retail?

In 2023, Multistar Retail had a promoter holding of 73.94% and a public holding of 26.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹60.24 Cr

Charges Breakdown by Lending Institutions

  • Others : 33.43 Cr
  • Reliance Capital Ltd : 10.00 Cr
  • Idbi Bank Limited : 6.00 Cr
  • Indian Overseas Bank : 5.50 Cr
  • Icici Bank Limited : 2.86 Cr
  • Others : 2.45 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2011Reliance Capital Ltd₹10.00 CrSatisfied
17 Dec 2008Idbi Bank Limited₹6.00 CrSatisfied
06 Jun 2008Icici Bank₹2.00 CrSatisfied
11 Oct 2007Others₹33.43 CrSatisfied
17 May 2007Icici Bank Limited₹1.50 CrSatisfied

How Many Employees Work at Multistar Retail?

Unlock and access historical data on people associated with Multistar Retail, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Multistar Retail, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Multistar Retail's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Multistar Retail

Recent activity within the organization

  • Director Appointment

    Pravin Natthuji Choudhari was appointed as a Additional Director was appointed as a Additional Director on 02 Oct 2024 & has been associated with this company since 4 months 24 days .

    02 Oct 2024

  • Director Appointment

    Manoj Maroti Mohurle was appointed as a Additional Director was appointed as a Additional Director on 02 Oct 2024 & has been associated with this company since 4 months 24 days .

    02 Oct 2024

  • Annual General Meeting

    Multistar Retail Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 11 Oct 2007 via Charge ID 10076510 with Others was fully satisfied on 08 Jun 2023.

    08 Jun 2023

  • Balance Sheet

    Multistar Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 33.43 Cr registered on 11 Oct 2007 with Charge ID 10076510 was modified on 07 May 2021.

    07 May 2021

Frequently asked questions

  • Multistar Retail Private Limited was incorporated on 02 Jul 1999.

  • The authorized share capital of Multistar Retail Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 26.25 Cr.

  • Currently 4 directors are associated with Multistar Retail Private Limited.

    • Kamal Shantilal Kothari
    • Ashok Surybhan Urkude
    • Pravin Natthuji Choudhari
    • Manoj Maroti Mohurle
  • As per Ministry of Corporate Affairs (Mca), the registered address of Multistar Retail Private Limited is Flat No. 101/102 First Floor Tulsi Park Venuvan Society Hazaripadah Katol Road, India, Nagpur, Maharashtra, 440013.

  • The corporate identification number (CIN) of Multistar Retail Private Limited is U74140MH1999PTC120649 and the company number is 120649 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Multistar Retail Private Limited is https://www.tristar-retail.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Multistar Retail Private Limited has risen by 82394.11%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Multistar Retail Private Limited has experienced an upsurge of 57.70%.

  • The most recent Balance Sheet for Multistar Retail Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Hypermarkets & Large Retail Chains