Starol Petroleum Limited

Starol Petroleum Limited

This company manufactures and trades refined petroleum products, including engine oils, gear oils, and greases.
1997 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 31, 2024
HomeCompanyStarol Petroleum Limited

Who are the key members and board of directors at Starol Petroleum?

Board Members(3)

NameDesignationAppointment DateStatus
Lata Jain In Director 19-Jul-2009Current
Mangilal Jain In Director Appointed In Casual Vacancy 12-Mar-2024Current
Mahendra Jain In Director 20-Nov-1998Current

Financial Performance of Starol Petroleum.

Starol Petroleum Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.52% increase. The company also saw a substantial improvement in profitability, with a 126.71% increase in profit. The company's net worth moved up by a moderate rise of 4.52%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
10.52%
Revenue from Operations
17.88%
Total Assets
18.77%
Profit or Loss
126.71%
Net Worth
4.52%
EBITDA
-0.97%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹35.24 M

₹52.00 M

LenderAmountStatus

Others

Creation Date: 31 Oct 2017
₹3.52 CrOpen

Tata Capital Financial Services Limited

Creation Date: 13 Aug 2015
₹3.00 CrSatisfied

Oriental Bank Of Commerce

Creation Date: 17 Feb 2012
₹1.40 CrSatisfied

How Many Employees Work at Starol Petroleum?

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

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Starol Petroleum

Recent activity within the organization

  • Director Appointment

    Mangilal Khimraj Jain was appointed as a Director Appointed In Casual Vacancy was appointed as a Director Appointed In Casual Vacancy on 12 Mar 2024 & has been associated with this company since 9 months 11 days .

    12 Mar 2024

  • Annual General Meeting

    Starol Petroleum Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Starol Petroleum Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 13 Aug 2015 via Charge ID 10590341 with Tata Capital Financial Services Limited was fully satisfied on 21 Dec 2017.

    21 Dec 2017

  • Charges

    A charge with Others amounted to Rs. 35.24 M with Charge ID 100173572 was registered on 31 Oct 2017.

    31 Oct 2017

  • Charges

    A charge registered on 17 Feb 2012 via Charge ID 10341517 with Oriental Bank Of Commerce was fully satisfied on 03 Sep 2015.

    03 Sep 2015

Frequently asked questions

  • Starol Petroleum Limited was incorporated on 12 Aug 1997.

  • The authorized share capital of Starol Petroleum Limited is ₹ 5.00 M and paid-up capital is ₹ 4.63 M.

  • Currently 3 directors are associated with Starol Petroleum Limited.

    • Lata Hemant Jain
    • Mangilal Khimraj Jain
    • Mahendra Mangilal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Starol Petroleum Limited is 431 B-Wing Orchard Road MallSurvey No 169 Royal Palm Aarey Milk Colony Goregoan, East, Mumbai, Maharashtra, India, 400065.

  • The corporate identification number (CIN) of Starol Petroleum Limited is U23200MH1997PLC110030 and the company number is 110030 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Starol Petroleum Limited is https://www.starolpetroleum.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Starol Petroleum Limited has risen by 10.52%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Starol Petroleum Limited has experienced an upsurge of 4.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Starol Petroleum Limited amount to ₹ 3.52 Cr.

  • The most recent Balance Sheet for Starol Petroleum Limited was filed with the ROC on 31 Mar 2023.

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