Sterling Holidays (Ooty) Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 35 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 141.08%
- Profit Growth 705.16%
- Ebitda 602.81%
- Net Worth 99.73%
- Total Assets 44.28%
About Sterling Holidays (Ooty)
Sterling Holidays (Ooty) Ltd (SHOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 November 1989 and has a history of 35 years and six months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Company is engaged in the Travel And Hospitality 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 0.50 M, as per Ministry of Corporate Affairs (MCA) records.
Vikram Lalvani, Ramesh Shanmugam, and L Kumar serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55102TN1989PLC018344
- Company No.
018344
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Nov 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Travel and Hospitality
Sterling Holidays (Ooty) Ltd
Explore comprehensive data for Sterling Holidays (Ooty) Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sterling Holidays (Ooty)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikram Lalvani  | Director | 16-May-2018 | Current |
| Ramesh Shanmugam | Director | 21-Aug-2013 | Current |
| L Kumar | Director | 26-Jul-2022 | Current |
Financial Performance of Sterling Holidays (Ooty).
Sterling Holidays (Ooty) Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 141.08% increase. The company also saw a substantial improvement in profitability, with a 705.16% increase in profit. The company's net worth Soared by an impressive increase of 99.73%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Sterling Holidays (Ooty)?
In 2023, Sterling Holidays (Ooty) had a promoter holding of 98.00% and a public holding of 2.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sterling Holiday Resorts (Kodaikanal) Ltd
Vikram Lalvani, Ramesh Shanmugam and 1 more are mutual person
- Sterling Holiday Resorts Limited
Vikram Lalvani is a mutual person
Nature Trails Resorts Private LimitedVikram Lalvani, Ramesh Shanmugam and 1 more are mutual person
Hospolis Global Solutions LlpVikram Lalvani is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Sterling Holidays (Ooty)?
Sterling Holidays (Ooty) has a workforce of 0 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sterling Holidays (Ooty), 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 Holidays (Ooty)'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.
Latest Updates, News, and FAQs on Sterling Holidays (Ooty)
Recent activity within the organization
- Annual General Meeting
Sterling Holidays (Ooty) Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Sterling Holidays (Ooty) Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
L Krishna Kumar was appointed as a Director was appointed as a Director on 26 Jul 2022 & has been associated with this company since 2 years 9 months .
- Director Appointment
Vikram Dayal Lalvani was appointed as a Director was appointed as a Director on 16 May 2018 & has been associated with this company since 7 years 3 days .
- Director Appointment
Ramesh Shanmugam was appointed as a Director was appointed as a Director on 21 Aug 2013 & has been associated with this company since 11 years 8 months .
- Company Incorporation
Sterling Holidays (Ooty) Ltd was registered on 16 Nov 1989 with Roc Chennai & aged 35 years 6 months as per MCA records.
Recent News, Updates & Announcement
Sterling Holiday Resorts announces its Best Ever First Quarter in Q1 FY 2024.Sterling Holiday Resorts Ltd., one of the country’s leading leisure hospitality brands, recorded its best ever first Quarter performance in Q1 FY 2024. The first quarter is traditionally the strongest quarter for leisure hospitality and Sterling has .
- Sterling Holiday relies on hybrid model in slowdown.
The company's business is split equally between vacation ownership (timeshare memberships) and non-member leisure travellers..
- Sterling Holiday Resorts Ltd. Expands to Guruvayur, Kerala with New Hotel as Part of India-wide Growth Plan.
Sterling Holiday Resorts Ltd. is opening a new hotel in Guruvayur, Kerala, which will be their first property in the temple city. This is part of their plan to expand to six resorts across India. The company's chairman said they want to establish themselves in holiday, heritage, pilgrim, and drive-to destinations. Sterling currently has 36 resorts in India and is owned by Thomas Cook (India) Ltd..
- Sterling Holidays plans doubling portfolio through asset light model | Mint.
At present, around 50% of the company's revenue comes from its membership business.The asset light model was adopted to bring scale and expand into new holiday destinations and markets.
- Sterling Holidays appoints Ramesh Ramanathan as chairman and managing director.
Ramanathan has over 43 years of experience across diverse consumer industries such as hospitality, retail, paints, consumer internet, tyres and building materials.
Frequently asked questions
What is the Incorporation or founding date of Sterling Holidays (Ooty) Ltd?
Sterling Holidays (Ooty) Ltd was incorporated on 16 Nov 1989.
What is authorized share capital and paid-up capital of Sterling Holidays (Ooty) Ltd?
The authorized share capital of Sterling Holidays (Ooty) Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Sterling Holidays (Ooty) Ltd?
Currently 3 directors are associated with Sterling Holidays (Ooty) Ltd.
- Vikram Dayal Lalvani
- Ramesh Shanmugam
- L Krishna Kumar
What is the registered address of Sterling Holidays (Ooty) Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Holidays (Ooty) Ltd is Purva Primus 4Th Floor 236 Okihiyampettai Old Mahabalipurem Road, Th Oraipakkam India, Thoraipakkam, Tamil Nadu, 600097.
What is the corporate identification number (CIN) and company number of Sterling Holidays (Ooty) Ltd?
The corporate identification number (CIN) of Sterling Holidays (Ooty) Ltd is U55102TN1989PLC018344 and the company number is 018344 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sterling Holidays (Ooty) Ltd?
The Official website of Sterling Holidays (Ooty) Ltd is https://www.sterlingholidays.com
What has been the recent revenue trend for Sterling Holidays (Ooty) Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Holidays (Ooty) Ltd has risen by 141.08%.
What change has been observed in the net worth of Sterling Holidays (Ooty) Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Holidays (Ooty) Ltd has experienced an upsurge of 99.73%.
When was the last Balance Sheet of Sterling Holidays (Ooty) Ltd filed with the ROC?
The most recent Balance Sheet for Sterling Holidays (Ooty) Ltd was filed with the ROC on 31 Mar 2024.
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