Starrag India Private Limited

Manufactures high-performance machine tools and provides technical consultancy services in India.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Starrag India Profile

Key Indicators

  • Authorised Capital ₹ 90.00 Cr
  • Paid Up Capital ₹ 84.84 Cr
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 85.09%
  • Profit Growth 152.49%
  • Ebitda 92.72%
  • Net Worth 13.66%
  • Total Assets -3.12%

About Starrag India

Starrag India Private Limited (SIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 October 2008 and has a history of 16 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Starragheckert Machine Tools Private Limited. The Company is engaged in the Machinery And Equipment 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 90.00 Cr and a paid-up capital of Rs 84.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Starrag India Private Limited India is Indumathi R as COMPANY SECRETARY. Kishore Kumar, Kameshwar Rai, and Christian Kurtenbach serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    starrag.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29220KA2008PTC048140

  • Company No.

    048140

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment
Business Services

What products or services does Starrag India Private Limited offer?

Starrag India Private Limited offers a wide range of products and services, including CNC Machines & Lathe Machine, CNC Lathe Machine, CNC Vertical Machining Centers, Machine & Precision Tools, Workholding Fixtures.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Kishore Kumar Country flag representing In Managing Director26-Sep-2017Current
Indumathi R Country flag representing In Company Secretary01-Apr-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Kameshwar Rai Country flag representing In Director 30-Nov-2021Current
Christian Kurtenbach Country flag representing De Additional Director 27-Mar-2024Current

Financial Performance of Starrag India.

Starrag India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 85.09% increase. The company also saw a substantial improvement in profitability, with a 152.49% increase in profit. The company's net worth Soared by an impressive increase of 13.66%.

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
85.09%
Revenue from Operations
126.58%
Total Assets
-3.12%
Profit or Loss
152.49%
Net Worth
13.66%
EBITDA
92.72%

What is the Ownership and Shareholding Structure of Starrag India?

In 2023, Starrag 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Starrag India?

Starrag India has a workforce of 26 employees as of Mar 29, 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 Starrag 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 Starrag 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 Starrag India

Recent activity within the organization

  • Director Appointment

    Christian Kurtenbach was appointed as a Additional Director was appointed as a Additional Director on 27 Mar 2024 & has been associated with this company since 11 months .

    27 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Starrag India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Kameshwar Nath Rai was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 2 months .

    30 Nov 2021

  • Director Appointment

    Indumathi R was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

  • Director Appointment

    Kishore S Kumar was appointed as a Managing Director was appointed as a Managing Director on 26 Sep 2017 & has been associated with this company since 7 years 5 months .

    26 Sep 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Starrag India Private Limited was incorporated on 30 Oct 2008.

  • The authorized share capital of Starrag India Private Limited is ₹ 90.00 Cr and paid-up capital is ₹ 84.84 Cr.

  • Currently 4 directors are associated with Starrag India Private Limited.

    • Kishore S Kumar
    • Kameshwar Nath Rai
    • Christian Kurtenbach
    • Indumathi R
  • As per Ministry of Corporate Affairs (Mca), the registered address of Starrag India Private Limited is No.66 Kiadb Bengaluru Aerospace Park Singahalli Village Budigere Po, North Tk India, Bangalore, Karnataka, 562129.

  • The corporate identification number (CIN) of Starrag India Private Limited is U29220KA2008PTC048140 and the company number is 048140 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Starrag India Private Limited is https://www.starrag.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Starrag India Private Limited has risen by 85.09%.

  • As Per 2023 financial reports, 26 employees are currently employed by Starrag India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Starrag India Private Limited has experienced an upsurge of 13.66%.

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

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