Waystar Heritage

A Legacy of Integrity,
Innovation & Impact

Waystar Holdings is the holding company of the Momin family, shaping businesses across generations with discipline, vision and responsibility.

Waystar Modern

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OUR JOURNEY

A Legacy Shaped by Vision

For over 139 years, we have evolved with purpose — expanding capabilities, entering new frontiers, and building businesses that create lasting impact.

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OUR FOUNDER

Abdul Latif Saheb Mohammad Saheb Momin

Mr. Abdul Latif Saheb Mohammad Saheb Momin laid the foundation of the family's entrepreneurial journey by establishing L.M.Momin & sons, a hardware and utensils trading firm in Kolhapur, then a Princely State under British India. This marked the beginning of a business legacy rooted in trust, trade, and community.

Guided by foresight and an unwavering entrepreneurial spirit, each generation expanded the Group's horizons—adapting to change, embracing opportunity, and creating enduring value across industries and regions. From early industrial partnerships during pre-independence India to modern, professionally managed enterprises operating at scale, our group has consistently aligned tradition with transformation.

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Abdul Latif Saheb Mohammad Saheb Momin
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Foundations of Enterprise

Foundations of Enterprise

Mr. Abdul Latif Kadarsaheb Momin laid the foundation of the family's entrepreneurial journey by establishing K.L. Momin & Sons, a hardware and utensils trading firm in Kolhapur, then a Princely State under British paramountcy. This marked the beginning of a business legacy rooted in trust, trade, and community.

ABOUT US

A Legacy of Integrity, Innovation & Impact Since 1886

Waystar Holdings is the corporate holding entity of the Momin family — a name synonymous with sincerity, enterprise, and social contribution for nearly a century. Founded in 1886 in Kolhapur, Maharashtra, by the visionary Mr. Abdul Latif Saheb Mohammad Saheb Momin, our journey began with modest roots and an unwavering commitment to hard work and honesty.

What started as a small utensil repair business and hardware store soon evolved into L.M.Momin & sons, a pioneering manufacturer of powder-based and industrial paints. The launch of the iconic "CHAKAKI" distemper revolutionized the market, laying the foundation for one of Maharashtra's earliest industrial success stories.

Founded in 1886, The group traces its origins to a modest trading enterprise in Kolhapur—built on integrity, resilience, and trust. Over generations, that single firm evolved into a diversified group across manufacturing, mining, chemicals, agriculture, real estate, infrastructure, and global trade, aligning tradition with transformation.

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Who We Are Today

Waystar Holdings is now a multi-sector holdings company with active investments in real estate development across Maharashtra and Goa, renewable energy and ethanol manufacturing, life sciences, advanced materials, and strategic land & infrastructure assets across Kolhapur, Solapur, Bijapur, and Goa.

Our Ethos: Legacy Meets Leadership

At Waystar Holdings, we don't just build businesses — we carry forward a legacy. With each generation, the torch of our founder's principles shines brighter, guiding us to grow with purpose, deliver with integrity, and give back generously to the society that shaped us.

Our Core Sectors of Strength

Real Estate Development

Residential, commercial, and mixed-use developments across Maharashtra and Goa, focused on long-term value creation.

Renewable Energy & Ethanol

Investments in sustainable energy, ethanol production, and green technologies for a resilient tomorrow.

Life Sciences & Advanced Materials

High-precision reagents, specialty chemicals, and materials enabling innovation in modern industries.

Strategic Land & Infrastructure

Long-term holdings across Kolhapur, Solapur, Bijapur, and Goa supporting industrial and commercial growth.

Principles That Guide Our Legacy

Integrity

Integrity

The foundation of every decision — honesty, ethics, and trust.

Innovation

Innovation

Constantly evolving with new ideas, technologies, and perspectives.

Responsibility

Responsibility

Uplifting communities and ensuring long-term societal impact.

Sustainability

Sustainability

Building for future generations with mindful stewardship.

139 Years of Growth & Contribution

139+

Years of Legacy

4+

Business Sectors

4

Regions of Operation

4

Generations of Leadership

Commitment to Community, Environment & Progress

Education

Supporting schools, scholarships, and community learning initiatives that uplift future generations.

Community Development

Empowering local communities through healthcare access, social welfare programs, and rural development.

Environmental Responsibility

Advancing renewable energy, sustainable industry practices, and stewardship of natural resources.

Building on 139 Years of Responsible Growth

As we look ahead, Waystar Holdings is committed to shaping industries with purpose — expanding into high-growth sectors, strengthening sustainable operations, and creating enduring value for communities and future generations.

Rooted in our heritage yet driven by innovation, we envision a future where our businesses lead with integrity, embrace technology, and contribute to a more equitable and resilient world.

Shaping Tomorrow, Honoring Our Legacy

Explore our businesses, values, and long-term vision as we continue building meaningful, responsible and future-ready enterprises.

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