Starax Minerals India Private Limited

Mining company incorporated in 2017 with registered office in Durg, Chattisgarh.

2017 | Durg, Chattisgarh (India) | Active
Last Updated: November 16, 2024

Starax Minerals India Profile

Key Indicators

  • Authorised Capital ₹ 5.10 Cr
  • Paid Up Capital ₹ 4.64 Cr
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 74.21 Cr
  • Satisfied Charges ₹ 25.00 Cr
  • Revenue Growth -1.59%
  • Profit Growth -58.32%
  • Ebitda 35.28%
  • Net Worth 216.49%
  • Total Assets 62.65%

About Starax Minerals India

Starax Minerals India Private Limited (SMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 April 2017 (Seven years and nine months 22 days old ). Its registered office is in Durg, Chattisgarh, India.

The Company is engaged in the Metals And Minerals 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 5.10 Cr and a paid-up capital of Rs 4.64 Cr.

The company currently has active open charges totaling ₹74.21 Cr. The company has closed loans amounting to ₹25.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anil Kumar and Vazir Singh serve as directors at the Company.

Company Details

  • Location

    Durg, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14290CT2017PTC007896

  • Company No.

    007896

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 2017

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Starax Minerals India Private Limited offer?

Starax Minerals India Private Limited offers a wide range of products and services, including Construction Equipment Rentals, Excavator Rental, Building & Real Estate Developers, Construction Service, Architectural & Civil Engineering, Architectural Services.

Who are the key members and board of directors at Starax Minerals India?

Board Members (2)

Name Designation Appointment Date Status
Anil Kumar Country flag representing In Director 16-Jun-2018 Current
Vazir Singh Country flag representing In Director 11-Apr-2017 Current

Financial Performance of Starax Minerals India.

Starax Minerals India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.59% decrease. The company also saw a substantial fall in profitability, with a 58.32% decrease in profit. The company's net worth Soared by an impressive increase of 216.49%.

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
-1.59%
Revenue from Operations
-1.71%
Total Assets
62.65%
Profit or Loss
-58.32%
Net Worth
216.49%
EBITDA
35.28%

What is the Ownership and Shareholding Structure of Starax Minerals India?

In 2023, Starax Minerals India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹74.21 Cr

Satisfied Charges

₹25.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 63.03 Cr
  • Hdb Financial Services Limited : 7.55 Cr
  • Yes Bank Limited : 3.16 Cr
  • Axis Bank Limited : 0.47 Cr

Latest Charge Details

Date Lender Amount Status
10 Sep 2024 Others ₹1.20 M Open
10 Sep 2024 Others ₹1.20 M Open
10 Sep 2024 Others ₹1.26 M Open
27 Jun 2024 Others ₹4.35 M Open
15 Apr 2024 Others ₹2.55 M Open

How Many Employees Work at Starax Minerals India?

Starax Minerals India has a workforce of 227 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Starax Minerals India, 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 Starax Minerals India'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 Starax Minerals India

Recent activity within the organization

  • Annual General Meeting

    Starax Minerals India Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100975554 was registered on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100977512 was registered on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100978736 was registered on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.44 Cr with Charge ID 100941445 was registered on 27 Jun 2024.

    27 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100901139 was registered on 15 Apr 2024.

    15 Apr 2024

Frequently asked questions

  • Starax Minerals India Private Limited was incorporated on 11 Apr 2017.

  • The authorized share capital of Starax Minerals India Private Limited is ₹ 5.10 Cr and paid-up capital is ₹ 4.64 Cr.

  • Currently 2 directors are associated with Starax Minerals India Private Limited.

    • Anil Kumar
    • Vazir Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Starax Minerals India Private Limited is Kh No. 244/1247/2 At Vill: Khapri India, Durg, Chattisgarh, 491001.

  • The corporate identification number (CIN) of Starax Minerals India Private Limited is U14290CT2017PTC007896 and the company number is 007896 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Starax Minerals India Private Limited is https://www.starexminerals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Starax Minerals India Private Limited has fallen by -1.59%.

  • As Per 2023 financial reports, 227 employees are currently employed by Starax Minerals India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Starax Minerals India Private Limited has experienced an upsurge of 216.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Starax Minerals India Private Limited amount to ₹ 74.21 Cr.

  • The most recent Balance Sheet for Starax Minerals India Private Limited was filed with the ROC on 31 Mar 2024.

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