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

Goldstar Power, incorporated in 1999, is engaged in Manufacturing of Batteries and Battery Product. The company is located at Hapa, Jamnagar, Gujarat with an integrated plant wherein Battery Scrap and Discarded Batteries procured from dealers and retailers are converted to finished product. The company was incorporated on July 12, 1999. The company has India’s only fully integrated unit having all production facility at a single place under single control.

The company’s product range covers various types of batteries including Fully Automotive Batteries for Car, Tractor and Heavy-Duty Trucks, Tubular Batteries for Inverter and Solar Application, SLI and Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead and Alloy batteries.

The company’s manufacturing facility is equipped with requisite infrastructure including machinery, other handling equipment to facilitate smooth manufacturing process. The company Endeavors to maintain safety in its premises by adhering to key safety norms. Its manufacturing process is integrated from procurement of raw materials to final testing. 

The company is dedicated towards safe supply and hygiene of its products by controlling the procurement of standard raw material, monitoring the process parameters, maintaining appropriate sanitation and personal hygiene and to comply with applicable statutory and regulatory requirements of its products. Currently, the company caters to all three segments of market viz. exports, domestic/after sales market and OEM.

Business area of the company 

The company is mainly engaged in the business of Manufacturing of Inverter Battery, battery Parts, Plates & processing of Lead. The company is also engaged in trading activity of Batteries and Nonferrous metals.

Products

  • Automotive Battery
  • Tubular Battery
  • VRLA Battery
  • E-Rickshaw Battery

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.
  • 2018: Renewed ISO with ISO 9001:2015 Certification from BVQI
  • 2018: Launched Wide Range of Automotive, Tubular, E-Rickshaw, VRLA And Motorcycle Batteries with New Look, Latest Technology and Entirely New Design. This is Catering to the Ever Increasing Indian And Overseas Market.
  • 2018: New corporate office inaugurated at a factory premises.
  • 2023: Undertook capital adjustments, completing a stock split (reducing the equity face value from Rs 10 to Rs 1)
  • 2025: Goldstar Power diversified into the electric vehicle (EV) ecosystem through a strategic equity investment of Rs 210.35 lakh into Retro EV LLP.