Sterling Commerce Solutions India Private Limited

Software development services for export, acquired by IBM in 2012.

2000 | Bangaluru, Karnataka (India) | Active
Last Updated: December 31, 2024

Sterling Commerce Solutions India Profile

Key Indicators

  • Authorised Capital ₹ 73.01 Cr
  • Paid Up Capital ₹ 1.86 Cr
  • Company Age 24 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 899.42%
  • Profit Growth 326.68%
  • Ebitda 92.35%
  • Net Worth 7.67%
  • Total Assets -20.38%

About Sterling Commerce Solutions India

Sterling Commerce Solutions India Private Limited (SCSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 November 2000 and has a history of 24 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Yantra Solutions Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 73.01 Cr and a paid-up capital of Rs 1.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raghavendra Udupi, Raghavendra Pai, and Bipin Ponnengada serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sterlingcommerce.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2000PTC028101

  • Company No.

    028101

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2000

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Sterling Commerce Solutions India?

Board Members (3)

NameDesignationAppointment DateStatus
Raghavendra Udupi Country flag representing In Director 04-Oct-2019Current
Raghavendra Pai Country flag representing In Director 30-Aug-2021Current
Bipin Ponnengada Country flag representing In Director 24-May-2024Current

Financial Performance of Sterling Commerce Solutions India.

Sterling Commerce Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 899.42% increase. The company also saw a substantial improvement in profitability, with a 326.68% increase in profit. The company's net worth moved up by a moderate rise of 7.67%.

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
899.42%
Revenue from Operations
Total Assets
-20.38%
Profit or Loss
326.68%
Net Worth
7.67%
EBITDA
92.35%

What is the Ownership and Shareholding Structure of Sterling Commerce Solutions India?

In 2023, Sterling Commerce Solutions India had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Sterling Commerce Solutions India?

Unlock and access historical data on people associated with Sterling Commerce Solutions India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sterling Commerce Solutions India, 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 Commerce Solutions India'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 Sterling Commerce Solutions India

Recent activity within the organization

  • Annual General Meeting

    Sterling Commerce Solutions India Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

    18 Sep 2024

  • Director Appointment

    Bipin Poonacha Ponnengada was appointed as a Director was appointed as a Director on 24 May 2024 & has been associated with this company since 9 months 1 day .

    24 May 2024

  • Balance Sheet

    Sterling Commerce Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Raghavendra Malpe Pai was appointed as a Director was appointed as a Director on 30 Aug 2021 & has been associated with this company since 3 years 5 months .

    30 Aug 2021

  • Director Appointment

    Raghavendra Ramachandra Udupi was appointed as a Director was appointed as a Director on 04 Oct 2019 & has been associated with this company since 5 years 4 months .

    04 Oct 2019

  • Company Incorporation

    Sterling Commerce Solutions India Private Limited was registered on 10 Nov 2000 with Roc Bangalore & aged 24 years 3 months as per MCA records.

    10 Nov 2000

Recent News, Updates & Announcement

Frequently asked questions

  • Sterling Commerce Solutions India Private Limited was incorporated on 10 Nov 2000.

  • The authorized share capital of Sterling Commerce Solutions India Private Limited is ₹ 73.01 Cr and paid-up capital is ₹ 1.86 Cr.

  • Currently 3 directors are associated with Sterling Commerce Solutions India Private Limited.

    • Raghavendra Ramachandra Udupi
    • Raghavendra Malpe Pai
    • Bipin Poonacha Ponnengada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Commerce Solutions India Private Limited is No.12 Subramanya Arcade Bannerghatta Main Road, India, Banglaore, Karnataka, 560029.

  • The corporate identification number (CIN) of Sterling Commerce Solutions India Private Limited is U72200KA2000PTC028101 and the company number is 028101 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sterling Commerce Solutions India Private Limited is https://www.sterlingcommerce.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Commerce Solutions India Private Limited has risen by 899.42%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Commerce Solutions India Private Limited has experienced an upsurge of 7.67%.

  • The most recent Balance Sheet for Sterling Commerce Solutions India Private Limited was filed with the ROC on 31 Mar 2024.

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