Sanstar Limited

Manufacturer of starch-based products with processing unit in Maharashtra, established in 1982.

1982 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Sanstar Profile

Key Indicators

  • Authorised Capital ₹ 38.00 Cr
  • Paid Up Capital ₹ 36.45 Cr
  • Company Age 43 Year, 14 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 408.86 Cr
  • Satisfied Charges ₹ 35.07 Cr
  • Revenue Growth 63.72%
  • Profit Growth 16.24%
  • Ebitda 7.68%
  • Net Worth 23.34%
  • Total Assets 8.12%

About Sanstar

Sanstar Limited (SL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 February 1982 and has a history of 43 years. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Continental Papers Ltd. The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 38.00 Cr and a paid-up capital of Rs 36.45 Cr.

The company currently has active open charges totaling ₹408.86 Cr. The company has closed loans amounting to ₹35.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sanstar Limited India are Harishkumar Maheshwary as CFO and Fagun Hiteshbhai as Company Secretary. Aniket Talati, Sejal Agrawal, Atul Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15400GJ1982PLC072555

  • Company No.

    072555

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 1982

  • Date of AGM

    11 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

Who are the key members and board of directors at Sanstar?

Executive Team (5)

NameDesignationAppointment DateStatus
Harishkumar Maheshwary Country flag representing In CFO31-Mar-2015Current
Fagun Hiteshbhai Company Secretary15-Jun-2020Current
Shreyans Chowdary Country flag representing In Managing Director22-Feb-2012Current
Sambhav Chowdhary Country flag representing In Managing Director22-Feb-2012Current
Gouthamchand Chowdhary Country flag representing In Managing Director22-Feb-2012Current

Board Members (3)

NameDesignationAppointment DateStatus
Aniket Talati Country flag representing In Director 01-Nov-2023Current
Sejal Agrawal Country flag representing In Director 01-Nov-2023Current
Atul Agarwal Director 01-Nov-2023Current

Financial Performance of Sanstar.

Sanstar Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 63.72% increase. The company also saw a substantial improvement in profitability, with a 16.24% increase in profit. The company's net worth Soared by an impressive increase of 23.34%.

Sanstar revenue growth over time
Sanstar 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
63.72%
Revenue from Operations
63.76%
Total Assets
8.12%
Profit or Loss
16.24%
Net Worth
23.34%
EBITDA
7.68%

What is the Ownership and Shareholding Structure of Sanstar?

In 2023, Sanstar had a promoter holding of 99.87% and a public holding of 0.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹408.86 Cr

Satisfied Charges

₹35.07 Cr

Charges Breakdown by Lending Institutions

  • Others : 384.04 Cr
  • The Karur Vysya Bank Ltd. : 24.75 Cr
  • Hdfc Bank Limited : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
17 Sep 2024Others₹150.00 CrOpen
19 Jul 2023Others₹100.00 CrOpen
27 Oct 2021Hdfc Bank Limited₹0.74 MOpen
19 Jun 2014Others₹77.79 CrOpen
06 Apr 2004Others₹56.25 CrOpen

How Many Employees Work at Sanstar?

Sanstar has a workforce of 0 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Sanstar Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sanstar, 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 Sanstar'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 Sanstar

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 77.79 Cr registered on 19 Jun 2014 with Charge ID 10509027 was modified on 18 Nov 2024.

  • Charges

    A charge with Others of Rs. 56.25 Cr registered on 06 Apr 2004 with Charge ID 80008933 was modified on 18 Nov 2024.

  • Charges

    A charge registered on 15 Sep 2020 via Charge ID 100376373 with Others was fully satisfied on 24 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100984130 was registered on 17 Sep 2024.

  • Charges

    A charge registered on 20 Feb 2023 via Charge ID 100684510 with Hdfc Bank Limited was fully satisfied on 20 Aug 2024.

  • Annual General Meeting

    Sanstar Limited last Annual general meeting of members was held on 11 Jun 2024 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Sanstar Limited?

    Sanstar Limited was incorporated on 26 Feb 1982.

  • What is authorized share capital and paid-up capital of Sanstar Limited?

    The authorized share capital of Sanstar Limited is ₹ 38.00 Cr and paid-up capital is ₹ 36.45 Cr.

  • Who are the current board members & directors of Sanstar Limited?

    Currently 8 directors are associated with Sanstar Limited.

    • Aniket Sunil Talati
    • Sejal Ronak Agrawal
    • Atul Agarwal
    • Harishkumar Shisupaldas Maheshwary
    • Fagun Shah Hiteshbhai
    • Shreyans Gautamchand Chowdary
    • Sambhav Gautamchand Chowdhary
    • Gouthamchand Sohanlal Chowdhary
  • What is the registered address of Sanstar Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sanstar Limited is Sanstarhousenr.-Parimalunderbridge Opp.-Suvidhashoppingcentre Paldi, India, Ahmedabad, Gujarat, 380007.

  • What is the corporate identification number (CIN) and company number of Sanstar Limited?

    The corporate identification number (CIN) of Sanstar Limited is U15400GJ1982PLC072555 and the company number is 072555 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sanstar Limited?

    The Official website of Sanstar Limited is https://www.sanstar.in

  • What has been the recent revenue trend for Sanstar Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sanstar Limited has risen by 63.72%.

  • What change has been observed in the net worth of Sanstar Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sanstar Limited has experienced an upsurge of 23.34%.

  • What are the total open charges for Sanstar Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sanstar Limited amount to ₹ 408.86 Cr.

  • When was the last Balance Sheet of Sanstar Limited filed with the ROC?

    The most recent Balance Sheet for Sanstar Limited was filed with the ROC on 31 Mar 2024.