Sterling Freights Private Limited

Global logistics and freight forwarding company with expertise in customs clearance and warehousing.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sterling Freights Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 15.91%
  • Profit Growth 107.66%
  • Ebitda 153.50%
  • Net Worth 20.93%
  • Total Assets 10.35%

About Sterling Freights

Sterling Freights Private Limited (SFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 October 1994 and has a history of 30 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 0.50 M and a paid-up capital of Rs 0.15 M, as per Ministry of Corporate Affairs (MCA) records.

Hitesh Kanakia, Nilesh Kanakia, and Jashwantlal Kanakia serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28910MH1994PTC082346

  • Company No.

    082346

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Sterling Freights Private Limited offer?

Sterling Freights Private Limited offers a wide range of products and services, including Clearing & Forwarding Services, Freight Forwarding Services.

Company report

Sterling Freights Private Limited

Explore comprehensive data for Sterling Freights Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sterling Freights?

Board Members (3)

NameDesignationAppointment DateStatus
Hitesh Kanakia Country flag representing In Director 19-Sep-1995Current
Nilesh Kanakia Country flag representing In Director 27-Dec-1994Current
Jashwantlal Kanakia Country flag representing In Director 01-Jan-1996Current

Financial Performance of Sterling Freights.

Sterling Freights Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.91% increase. The company also saw a substantial improvement in profitability, with a 107.66% increase in profit. The company's net worth Soared by an impressive increase of 20.93%.

Sterling Freights revenue growth over time
Sterling Freights 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
15.91%
Revenue from Operations
16.12%
Total Assets
10.35%
Profit or Loss
107.66%
Net Worth
20.93%
EBITDA
153.50%

What is the Ownership and Shareholding Structure of Sterling Freights?

In 2023, Sterling Freights had a promoter holding of 30.00% and a public holding of 70.00%. 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 Freights?

Sterling Freights has a workforce of 42 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Sterling Freights Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sterling Freights, 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 Freights'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 Freights

Recent activity within the organization

  • Annual General Meeting

    Sterling Freights Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sterling Freights Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Jashwantlal Uttamlal Kanakia was appointed as a Director was appointed as a Director on 01 Jan 1996 & has been associated with this company since 29 years 4 months .

  • Director Appointment

    Hitesh Jashwantlal Kanakia was appointed as a Director was appointed as a Director on 19 Sep 1995 & has been associated with this company since 29 years 7 months .

  • Director Appointment

    Nilesh Jashwantlal Kanakia was appointed as a Director was appointed as a Director on 27 Dec 1994 & has been associated with this company since 30 years 4 months .

  • Company Incorporation

    Sterling Freights Private Limited was registered on 25 Oct 1994 with Roc Mumbai & aged 30 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Sterling Freights Private Limited?

    Sterling Freights Private Limited was incorporated on 25 Oct 1994.

  • What is authorized share capital and paid-up capital of Sterling Freights Private Limited?

    The authorized share capital of Sterling Freights Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.15 M.

  • Who are the current board members & directors of Sterling Freights Private Limited?

    Currently 3 directors are associated with Sterling Freights Private Limited.

    • Hitesh Jashwantlal Kanakia
    • Nilesh Jashwantlal Kanakia
    • Jashwantlal Uttamlal Kanakia

  • What is the registered address of Sterling Freights Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Freights Private Limited is Wakefield House 2Nd Flrsprott Road Ballard Estate India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Sterling Freights Private Limited?

    The corporate identification number (CIN) of Sterling Freights Private Limited is U28910MH1994PTC082346 and the company number is 082346 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sterling Freights Private Limited?

    The Official website of Sterling Freights Private Limited is https://www.sfcargo.com

  • What has been the recent revenue trend for Sterling Freights Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Freights Private Limited has risen by 15.91%.

  • How many employees does Sterling Freights Private Limited currently have?

    As Per 2023 financial reports, 42 employees are currently employed by Sterling Freights Private Limited.

  • What change has been observed in the net worth of Sterling Freights Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Freights Private Limited has experienced an upsurge of 20.93%.

  • When was the last Balance Sheet of Sterling Freights Private Limited filed with the ROC?

    The most recent Balance Sheet for Sterling Freights Private Limited was filed with the ROC on 31 Mar 2024.

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