Sunstar Precision Forge Limited

Manufacturer of forged and machined components for automotive, defense, marine, oil and gas, and railways.

2004 | Delhi (India) | Active
Last Updated: November 16, 2024

Sunstar Precision Forge Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 43.70 Cr
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 300.75 Cr
  • Satisfied Charges ₹ 173.40 Cr
  • Revenue Growth 35.58%
  • Profit Growth 79.38%
  • Ebitda 54.93%
  • Net Worth 22.40%
  • Total Assets 16.10%

About Sunstar Precision Forge

Sunstar Precision Forge Limited (SPFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 September 2004 and has a history of 20 years and four months. Its registered office is in Delhi, India.

The Company is engaged in the Automotive 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 45.00 Cr and a paid-up capital of Rs 43.70 Cr.

The company currently has active open charges totaling ₹300.75 Cr. The company has closed loans amounting to ₹173.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sunstar Precision Forge Limited India are Anuj Garg as Ceo, Raghav Goel as Cfo, and Himani Rana as Company Secretary. Ginny Garg, Prerna Garg, Dharam Garg, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sunstarforge.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28910DL2004PLC129444

  • Company No.

    129444

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Sunstar Precision Forge?

Executive Team (3)

NameDesignationAppointment DateStatus
Anuj Garg Country flag representing In Managing Director27-Sep-2004Current
Raghav Goel CFO01-Dec-2022Current
Himani Rana Country flag representing In Company Secretary20-Mar-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Ginny Garg Country flag representing In Director 10-Jul-2020Current
Prerna Garg Country flag representing In Director 10-Jul-2020Current
Dharam Garg Country flag representing In Director 01-Apr-2020Current
Sanjay Goyal Country flag representing In Director 30-Jun-2019Current
Raghav Goel Country flag representing In Whole-Time Director 01-Dec-2022Current

Financial Performance of Sunstar Precision Forge.

Sunstar Precision Forge Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.58% increase. The company also saw a substantial improvement in profitability, with a 79.38% increase in profit. The company's net worth Soared by an impressive increase of 22.4%.

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
35.58%
Revenue from Operations
35.84%
Total Assets
16.10%
Profit or Loss
79.38%
Net Worth
22.40%
EBITDA
54.93%

What is the Ownership and Shareholding Structure of Sunstar Precision Forge?

In 2023, Sunstar Precision Forge 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

₹300.75 Cr

Satisfied Charges

₹173.40 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 250.75 Cr
  • Citi Bank N.A. : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jul 2024Citi Bank N.A.₹50.00 CrOpen
12 Oct 2023Hdfc Bank Limited₹1.00 MOpen
12 May 2022Hdfc Bank Limited₹1.49 MOpen
30 Jan 2017Hdfc Bank Limited₹250.50 CrOpen
25 Oct 2012The Hongkong & Shanghai Banking Corporation Limited₹10.00 CrSatisfied

How Many Employees Work at Sunstar Precision Forge?

Sunstar Precision Forge has a workforce of 320 employees as of Apr 09, 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 Sunstar Precision Forge, 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 Sunstar Precision Forge'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 Sunstar Precision Forge

Recent activity within the organization

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 50.00 Cr with Charge ID 100964970 was registered on 12 Jul 2024.

    12 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 250.50 Cr registered on 30 Jan 2017 with Charge ID 100083275 was modified on 30 Jan 2024.

    30 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100825468 was registered on 12 Oct 2023.

    12 Oct 2023

  • Annual General Meeting

    Sunstar Precision Forge Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sunstar Precision Forge Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100592287 was registered on 12 May 2022.

    12 May 2022

Frequently asked questions

  • Sunstar Precision Forge Limited was incorporated on 27 Sep 2004.

  • The authorized share capital of Sunstar Precision Forge Limited is ₹ 45.00 Cr and paid-up capital is ₹ 43.70 Cr.

  • Currently 9 directors are associated with Sunstar Precision Forge Limited.

    • Ginny Garg
    • Prerna Garg
    • Dharam Pal Garg
    • Anuj Garg
    • Sanjay Goyal
    • Raghav Goel
    • Anuj Garg
    • Raghav Goel
    • Himani Rana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sunstar Precision Forge Limited is D-59 Third Floor Defence Colony, India, New Delhi, 110024.

  • The corporate identification number (CIN) of Sunstar Precision Forge Limited is U28910DL2004PLC129444 and the company number is 129444 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sunstar Precision Forge Limited is https://www.sunstarforge.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sunstar Precision Forge Limited has risen by 35.58%.

  • As Per 2023 financial reports, 320 employees are currently employed by Sunstar Precision Forge Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sunstar Precision Forge Limited has experienced an upsurge of 22.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sunstar Precision Forge Limited amount to ₹ 300.75 Cr.

  • The most recent Balance Sheet for Sunstar Precision Forge Limited was filed with the ROC on 31 Mar 2023.

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