Sterling Ornaments Private Limited

Manufacturer and exporter of silver jewelry and accessories, also providing solutions for wholesalers and retailers.

2004 | New Delhi, Delhi (India) | Active
Last Updated: June 15, 2024

Sterling Ornaments Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.54 Cr
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth 6.32%
  • Profit Growth -18.40%
  • Ebitda -8.05%
  • Net Worth 18.99%
  • Total Assets 9.13%

About Sterling Ornaments

Sterling Ornaments Private Limited (SOPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 December 2004 and has a history of 20 years and one month. Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as Divya Jewellers (Noida) Private Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹20.54 Cr. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Vishal Gupta and Prerna Gupta serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36911DL2004PTC131560

  • Company No.

    131560

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods

What products or services does Sterling Ornaments Private Limited offer?

Sterling Ornaments Private Limited offers a wide range of products and services, including Fashion Accessories, Fashion Jewelry.

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

Board Members (2)

Name Designation Appointment Date Status
Vishal Gupta Country flag representing In Director 23-Dec-2005 Current
Prerna Gupta Country flag representing In Director 25-Dec-2018 Current

Financial Performance of Sterling Ornaments.

Sterling Ornaments Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.32% increase. The company also saw a substantial fall in profitability, with a 18.4% decrease in profit. The company's net worth Soared by an impressive increase of 18.99%.

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
6.32%
Revenue from Operations
6.85%
Total Assets
9.13%
Profit or Loss
-18.40%
Net Worth
18.99%
EBITDA
-8.05%

What is the Ownership and Shareholding Structure of Sterling Ornaments?

In 2022, Sterling Ornaments had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹205.44 M

Satisfied Charges

₹0.50 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 20.54 Cr

Latest Charge Details

Date Lender Amount Status
23 May 2023 Canara Bank ₹1.59 M Open
17 Jul 2022 Canara Bank ₹6.00 M Open
04 Aug 2021 Canara Bank ₹3.00 Cr Open
29 Dec 2006 Canara Bank ₹16.79 Cr Open
13 Sep 2018 Canara Bank ₹0.50 M Satisfied

How Many Employees Work at Sterling Ornaments?

Sterling Ornaments has a workforce of 495 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 167.85 M registered on 29 Dec 2006 with Charge ID 10036345 was modified on 19 Jan 2024.

    19 Jan 2024

  • Annual General Meeting

    Sterling Ornaments Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 1.59 M with Charge ID 100754977 was registered on 23 May 2023.

    23 May 2023

  • Balance Sheet

    Sterling Ornaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 6.00 M with Charge ID 100603778 was registered on 17 Jul 2022.

    17 Jul 2022

  • Charges

    A charge registered on 13 Sep 2018 via Charge ID 100208256 with Canara Bank was fully satisfied on 10 Aug 2021.

    10 Aug 2021

Frequently asked questions

  • Sterling Ornaments Private Limited was incorporated on 23 Dec 2004.

  • The authorized share capital of Sterling Ornaments Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Sterling Ornaments Private Limited.

    • Vishal Gupta
    • Prerna Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Ornaments Private Limited is B-3 Chirag Enclave Second Floor, New Delhi, India, 110048.

  • The corporate identification number (CIN) of Sterling Ornaments Private Limited is U36911DL2004PTC131560 and the company number is 131560 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sterling Ornaments Private Limited is https://www.sterlingornaments.info

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Ornaments Private Limited has risen by 6.32%.

  • As Per 2023 financial reports, 495 employees are currently employed by Sterling Ornaments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Ornaments Private Limited has experienced an upsurge of 18.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sterling Ornaments Private Limited amount to ₹ 20.54 Cr.

  • The most recent Balance Sheet for Sterling Ornaments Private Limited was filed with the ROC on 31 Mar 2023.

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