Sterling Avenues Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 07-07-2024
- Paid Up Capital ₹ 0.10 M
as on 07-07-2024
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 101.00 Cr
as on 07-07-2024
- Satisfied Charges ₹ 119.00 Cr
as on 07-07-2024
- Revenue 13.89%
(FY 2022)
- Profit 27.64%
(FY 2022)
- Ebitda 161.01%
(FY 2022)
- Net Worth 33.93%
(FY 2022)
- Total Assets -1.69%
(FY 2022)
About Sterling Avenues
The Company is engaged in the Real Estate And Construction 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹101.00 Cr. The company has closed loans amounting to ₹119.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sourabh Modi, Pranjali Modi, Ashok Ramasubraminian, and One other member serve as directors at the Company.
- CIN/LLPIN
U70100TG2007PTC055332
- Company No.
055332
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Aug 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Sterling Avenues?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sourabh Modi  | Managing Director | 30-Aug-2007 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pranjali Modi | Director | 30-Aug-2007 | Current |
| Ashok Ramasubraminian | Director | 07-Nov-2022 | Current |
| Tanvi Modi | Director | 15-Dec-2022 | Current |
Financial Performance and Corporate Structure Insights of Sterling Avenues.
Sterling Avenues Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.89% increase. The company also saw a substantial improvement in profitability, with a 27.64% increase in profit. The company's net worth Soared by an impressive increase of 33.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Sterling Avenues?
In 2021, Sterling Avenues had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Suburbia Homes Private LimitedActive 17 years 7 monthsSourabh Modi, Pranjali Modi and 2 more are mutual person
Rose Structures Private LimitedActive 17 years 8 monthsSourabh Modi, Pranjali Modi and 1 more are mutual person
Pinnacle Minerals & Ores Private LimitedActive 17 years 8 monthsSourabh Modi and Ashok Ramasubraminian are mutual person
Pinewood Homes Private LimitedActive 18 years 4 monthsSourabh Modi, Pranjali Modi and 1 more are mutual person
Paradise Villas Private LimitedActive 17 years 3 monthsSourabh Modi, Pranjali Modi and 1 more are mutual person
Modi Shelters Private LimitedActive 21 years 2 monthsSourabh Modi, Pranjali Modi and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 06 Jul 2023 | ₹10.00 Cr | Open |
Others Creation Date: 13 Jun 2023 | ₹40.00 Cr | Open |
Others Creation Date: 06 Apr 2022 | ₹16.00 Cr | Open |
How Many Employees Work at Sterling Avenues?
Unlock and access historical data on people associated with Sterling Avenues, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sterling Avenues, 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 Sterling Avenues's trajectory.
Rating
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
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.
