Sterling Investment Corporation Private Limited

Investment company specializing in stocks and securities, established in 1943 and based in Mumbai.

1943 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sterling Investment Corporation Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 67.68 Cr
  • Company Age 81 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 63,445.05 Cr
  • Satisfied Charges ₹ 920.00 Cr
  • Revenue Growth -18.01%
  • Profit Growth -98.48%
  • Ebitda -70.44%
  • Net Worth 0.30%
  • Total Assets -1.42%

About Sterling Investment Corporation

Sterling Investment Corporation Private Limited (SICPL) was founded in India on 03 June 1943 and has a glorious history of 81 years and nine months. Its registered office is in Mumbai, Maharashtra.

The Company is engaged in the Financial Services 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 75.00 Cr and a paid-up capital of Rs 67.68 Cr.

The company currently has active open charges totaling ₹63,445.05 Cr. The company has closed loans amounting to ₹920.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sterling Investment Corporation Private Limited India is Juhi Jain as COMPANY SECRETARY. Shapoorji Mistry, Pallon Mistry, Zahan Mistry, and Two other members serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70100MH1943PTC003997

  • Company No.

    003997

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jun 1943

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Juhi Jain Country flag representing In Company Secretary19-Apr-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Shapoorji Mistry Country flag representing Ie Director 17-Nov-1995Current
Pallon Mistry Country flag representing Ie Director 01-Jul-2023Current
Zahan Mistry Country flag representing Ie Director 10-May-2023Current
Roshen Nentin Country flag representing In Director 17-Nov-1995Current
Firoze Bhathena Country flag representing In Director 03-Aug-2005Current

Financial Performance of Sterling Investment Corporation.

Sterling Investment Corporation Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 18.01% decrease. The company also saw a substantial fall in profitability, with a 98.48% decrease in profit. The company's net worth moved up by a moderate rise of 0.3%.

Sterling Investment Corporation revenue growth over time
Sterling Investment Corporation 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
-18.01%
Revenue from Operations
-24.11%
Total Assets
-1.42%
Profit or Loss
-98.48%
Net Worth
0.30%
EBITDA
-70.44%

What is the Ownership and Shareholding Structure of Sterling Investment Corporation?

In 2022, Sterling Investment Corporation had a promoter holding of 100.00%. The company had 1 Subsidiary and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63,445.05 Cr

Satisfied Charges

₹920.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 53940.00 Cr
  • Sbicap Trustee Company Limited : 9505.00 Cr
  • State Bank Of India : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2023Others₹13,270.00 CrOpen
03 Sep 2021Others₹14,020.00 CrOpen
03 Sep 2021Others₹14,020.00 CrOpen
31 Mar 2021Sbicap Trustee Company Limited₹9,505.00 CrOpen
31 Mar 2021Others₹12,630.00 CrOpen

How Many Employees Work at Sterling Investment Corporation?

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

Employee growth trends for Sterling Investment Corporation Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 13,270.00 Cr registered on 20 Dec 2023 with Charge ID 100845275 was modified on 25 Oct 2024.

  • Charges

    A charge with Others of Rs. 14,020.00 Cr registered on 03 Sep 2021 with Charge ID 100474667 was modified on 25 Oct 2024.

  • Charges

    A charge with Others of Rs. 14,020.00 Cr registered on 03 Sep 2021 with Charge ID 100474668 was modified on 25 Oct 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Others of Rs. 12,630.00 Cr registered on 31 Mar 2021 with Charge ID 100449400 was modified on 23 Sep 2024.

  • Balance Sheet

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

Frequently asked questions

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

    Sterling Investment Corporation Private Limited was incorporated on 03 Jun 1943.

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

    The authorized share capital of Sterling Investment Corporation Private Limited is ₹ 75.00 Cr and paid-up capital is ₹ 67.68 Cr.

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

    Currently 6 directors are associated with Sterling Investment Corporation Private Limited.

    • Shapoorji Pallonji Mistry
    • Pallon Shapoorji Mistry
    • Zahan Cyrus Mistry
    • Juhi Prakash Jain
    • Roshen Minocher Nentin
    • Firoze Kavshah Bhathena

  • What is the registered address of Sterling Investment Corporation Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Investment Corporation Private Limited is 70 Nagindas Master Road, Fort India, Mumbai, Maharashtra, 400023.

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

    The corporate identification number (CIN) of Sterling Investment Corporation Private Limited is U70100MH1943PTC003997 and the company number is 003997 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Sterling Investment Corporation Private Limited has fallen by -18.01%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Sterling Investment Corporation Private Limited has experienced an upsurge of 0.30%.

  • What are the total open charges for Sterling Investment Corporation Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sterling Investment Corporation Private Limited amount to ₹ 63,445.05 Cr.

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

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

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