Goldstar Power
GOLDSTAR · Consumer Durables > Batteries · Chairman: Mulji Pansara · MD: Navneet Pansara · Listing date: Oct. 11, 2017

Goldstar Power was originally incorporated as ‘Goldstar Battery Private Limited’ at Jamnagar, Gujarat as a Private Limited Company under the provision of Companies Act, 1956 vide Certificate of Incorporation dated July 12, 1999 issued by the Registrar of Companies, Gujarat. The name of the Company was changed to ‘Goldstar Power Private Limited’ pursuant to a Fresh Certificate of Incorporation Consequent on Change of Name, dated July 21, 2017, issued by the Registrar of Companies, Gujarat. Subsequently, the Company was converted into a public limited company pursuant to shareholders resolution passed at Extraordinary General Meeting of the Company held on July 15, 2017 and the name of the Company was changed to ‘Goldstar Power Limited’ and a Fresh Certificate of Incorporation consequent upon Conversion of Company to Public Limited, dated July 21, 2017 was issued by Registrar of Companies, Ahmedabad.

They are a battery manufacturing Company, manufacturing and marketing the products under their flagship brand ‘Star Gold’. The Company is located at Hapa, Jamnagar on Jamnagar-Rajkot Highway, Gujarat with an integrated plant wherein battery scrap and discarded batteries procured from dealers and retailers are converted to finished product. The Company procures battery scrap and discarded batteries from dealers/retailers and converts into finished product. Company’s product range covers various types of batteries including automotive batteries, tubular batteries, SMF series batteries, VRLA batteries, Solar batteries, Pure Lead and Alloy batteries.

Business area of the Company

The batteries are generally used in cars manufactured by Tata, Maruti and Mahindra. However, the batteries are used as a replacement by car owners and not as stock batteries by car manufacturers. Currently Company caters to all three segments of market viz. exports, domestic/after sales market and OEM. They have a widespread customer base with their domestic customer base situated in various regions of the country and international customers situated across varied countries like Uganda, Nepal, Lebanon, etc.

Major Events & Milestones:

  • 1999: Incorporated as a private limited company in the name and style of ‘Goldstar Battery Private Limited’ by Mulji Pansara and Amratlal Pansara.
  • 2001: Registered in Ministry of Defence & Certified Coal Type Test.
  • 2004: Registered with DGS & D.
  • 2005: Awarded with Rashtriya Vikas Ratan Gold Award from International Integration and Growth Society, New Delhi.
  • 2006: Certified with ISO 9001:2000 from BVGOI.
  • 2012: Certified by MNRE for Solar Application.
  • 2017: Change of name from Goldstar Batteries Private Limited to Goldstar Power Private Limited.
  • 2017: Conversion of company from Private Company to Public Limited Company.