Starol Petroleum Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.63 M
- Company Age 27 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.52 Cr
- Satisfied Charges ₹ 5.20 Cr
- Revenue Growth 10.52%
- Profit Growth 126.71%
- Ebitda -0.97%
- Net Worth 4.52%
- Total Assets 18.77%
About Starol Petroleum
Starol Petroleum Limited (SPL) is a Public Limited Indian Non-Government Company incorporated in India on 12 August 1997 and has a history of 27 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Chemicals And Materials 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 5.00 M and a paid-up capital of Rs 4.63 M.
The company currently has active open charges totaling ₹3.52 Cr. The company has closed loans amounting to ₹5.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Lata Jain, Mangilal Jain, and Mahendra Jain serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U23200MH1997PLC110030
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Company No.
110030
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
12 Aug 1997
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Starol Petroleum Limited offer?
Starol Petroleum Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Turbine Oils, Synthetic Oils, Grease, Cutting Oils, Automotive Grease, Machine Oils, Textile, Dyeing & Finishing Chemical, Thread Lubricant, Lubricants.
Who are the key members and board of directors at Starol Petroleum?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lata Jain
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Director | 19-Jul-2009 | Current |
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Mangilal Jain
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Director Appointed In Casual Vacancy | 12-Mar-2024 | Current |
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Mahendra Jain
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Director | 20-Nov-1998 | Current |
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%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Starol Petroleum?
In 2023, Starol Petroleum had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Starol Marketing Private LimitedLata Jain and Mahendra Jain are mutual person
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Shree Vardaria Synthetics Pvt Ltd
Mangilal Jain and Mahendra Jain are mutual person
Charges (Loans)
₹35.24 M
₹52.00 M
Charges Breakdown by Lending Institutions
- Others : 3.52 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2017 | Others | ₹3.52 Cr | Open |
| 13 Aug 2015 | Tata Capital Financial Services Limited | ₹3.00 Cr | Satisfied |
| 17 Feb 2012 | Oriental Bank Of Commerce | ₹1.40 Cr | Satisfied |
| 30 Jan 2004 | Indian Overseas Bank | ₹8.00 M | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Starol Petroleum, 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 Starol Petroleum's trajectory.
Rating
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
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.
