Sterling Estates And Properties Limited

Constructs residential buildings and flats, established in 1986, based in Chennai.

1986 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 29, 2024

Sterling Estates And Properties Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.30 Cr
  • Company Age 38 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 28.90 Cr
  • Satisfied Charges ₹ 30.55 Cr
  • Revenue Growth -57.14%
  • Profit Growth -2939.98%
  • Ebitda 1.31%
  • Net Worth -3.26%
  • Total Assets 5.86%

About Sterling Estates And Properties

Sterling Estates And Properties Limited (SEAPL) is a Public Limited Indian Non-Government Company incorporated in India on 25 April 1986 and has a history of 38 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

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 2019. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.30 Cr.

The company currently has active open charges totaling ₹28.90 Cr. The company has closed loans amounting to ₹30.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Visweswara Malepati, Rama Venkata, and Balavenkata Perumala serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191TN1986PLC012946

  • Company No.

    012946

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Apr 1986

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Sterling Estates And Properties?

Executive Team (1)

Name Designation Appointment Date Status
Rama Venkata Country flag representing In Managing Director 01-Apr-2007 Current

Board Members (2)

Name Designation Appointment Date Status
Visweswara Malepati Country flag representing In Director 16-Nov-1992 Current
Balavenkata Perumala Country flag representing In Additional Director 21-Mar-2018 Current

Financial Performance of Sterling Estates And Properties.

Sterling Estates And Properties Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 57.14% decrease. The company also saw a substantial fall in profitability, with a 2939.98% decrease in profit. The company's net worth dipped by a decrease of 3.26%.

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
-57.14%
Revenue from Operations
-56.13%
Total Assets
5.86%
Profit or Loss
-2939.98%
Net Worth
-3.26%
EBITDA
1.31%

What is the Ownership and Shareholding Structure of Sterling Estates And Properties?

In 2019, Sterling Estates And Properties had a promoter holding of 62.17% and a public holding of 37.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.90 Cr

Satisfied Charges

₹30.55 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 24.00 Cr
  • State Bank Of India : 4.90 Cr

Latest Charge Details

Date Lender Amount Status
21 Jan 2015 Indian Overseas Bank ₹24.00 Cr Open
29 Mar 2014 State Bank Of India ₹4.90 Cr Open
14 Jan 2011 State Bank Of India ₹10.00 Cr Satisfied
24 Oct 2005 State Bank Of India ₹17.80 Cr Satisfied
06 Jul 2005 Urare Khushi Textiles (P) Limited ₹5.35 M Satisfied

How Many Employees Work at Sterling Estates And Properties?

Unlock and access historical data on people associated with Sterling Estates And Properties, 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 Estates And Properties, 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 Estates And Properties'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 Estates And Properties

Recent activity within the organization

  • Annual General Meeting

    Sterling Estates And Properties Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Sterling Estates And Properties Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

  • Director Appointment

    Balavenkata Sureshbabu Perumala was appointed as a Additional Director was appointed as a Additional Director on 21 Mar 2018 & has been associated with this company since 6 years 10 months .

    21 Mar 2018

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 24.00 Cr with Charge ID 10548538 was registered on 21 Jan 2015.

    21 Jan 2015

  • Charges

    A charge registered on 25 May 2005 via Charge ID 80061601 with Bank Of Rajasthan was fully satisfied on 15 Nov 2014.

    15 Nov 2014

  • Charges

    A charge registered on 25 May 2005 via Charge ID 80061602 with Bank Of Rajasthan was fully satisfied on 15 Nov 2014.

    15 Nov 2014

Frequently asked questions

  • Sterling Estates And Properties Limited was incorporated on 25 Apr 1986.

  • The authorized share capital of Sterling Estates And Properties Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.30 Cr.

  • Currently 3 directors are associated with Sterling Estates And Properties Limited.

    • Visweswara Rao Malepati
    • Rama Rao Kanduri Lakshmi Venkata
    • Balavenkata Sureshbabu Perumala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Estates And Properties Limited is Streling Poiont No.124 G.N. Chetty Road T.Nagar, Chennai-600 017. India, Tamilnadu, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Sterling Estates And Properties Limited is U65191TN1986PLC012946 and the company number is 012946 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sterling Estates And Properties Limited is https://www.sterlingestatesindia.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Sterling Estates And Properties Limited has fallen by -57.14%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Sterling Estates And Properties Limited has experienced an downturn of -3.26%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Sterling Estates And Properties Limited amount to ₹ 28.90 Cr.

  • The most recent Balance Sheet for Sterling Estates And Properties Limited was filed with the ROC on 31 Mar 2019.

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