Sterling Port Limited

Develops and operates a multi-purpose port for handling various cargoes, serving industries in Gujarat.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: December 10, 2024

Sterling Port Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 179.63 Cr
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 1,922.06 Cr
  • Revenue Growth -69.21%
  • Profit Growth 73.40%
  • Ebitda 81.27%
  • Net Worth 11.49%
  • Total Assets 6.89%

About Sterling Port

Sterling Port Limited (SPL) is a Public Limited Indian Non-Government Company incorporated in India on 29 September 2006 and has a history of 18 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sterling Port Private Limited. The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2016. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 179.63 Cr.

The company currently has active open charges totaling ₹1,922.06 Cr.

Nitin Sandesara, Chetan Sandesara, Vilas Joshi, and One other member 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

    U93090MH2006PLC165003

  • Company No.

    165003

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 2006

  • Date of AGM

    26 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

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

Board Members (4)

NameDesignationAppointment DateStatus
Nitin Sandesara Country flag representing In Director 29-Sep-2006Current
Chetan Sandesara Country flag representing In Director 29-Sep-2006Current
Vilas Joshi Country flag representing In Additional Director 29-Jan-2015Current
Mayuriben Patel Country flag representing In Director 11-Feb-2015Current

Financial Performance of Sterling Port.

Sterling Port Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 69.21% decrease. The company also saw a substantial improvement in profitability, with a 73.4% increase in profit. The company's net worth Soared by an impressive increase of 11.49%.

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
-69.21%
Revenue from Operations
Total Assets
6.89%
Profit or Loss
73.40%
Net Worth
11.49%
EBITDA
81.27%

What is the Ownership and Shareholding Structure of Sterling Port?

In 2016, Sterling Port had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,922.06 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 490.00 Cr
  • Srei Infrastructure Finance Limited : 375.00 Cr
  • Uco Bank : 250.00 Cr
  • Bank Of India : 180.00 Cr
  • Sbicap Trustee Company Limited : 167.06 Cr
  • Others : 460.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Feb 2017Sbicap Trustee Company Limited₹167.06 CrOpen
04 Jul 2015Srei Infrastructure Finance Limited₹275.00 CrOpen
20 Jun 2012Uco Bank₹250.00 CrOpen
21 Apr 2012State Bank Of India₹320.00 CrOpen
15 Dec 2011Srei Infrastructure Finance Limited₹100.00 CrOpen

How Many Employees Work at Sterling Port?

Sterling Port has a workforce of 2 employees as of Mar 28, 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 Port, 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 Port'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 Port

Recent activity within the organization

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 167.06 Cr with Charge ID 100083084 was registered on 23 Feb 2017.

    23 Feb 2017

  • Annual General Meeting

    Sterling Port Limited last Annual general meeting of members was held on 26 Sep 2016 as per latest MCA records.

    26 Sep 2016

  • Balance Sheet

    Sterling Port Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.

    31 Mar 2016

  • Charges

    A charge with Srei Infrastructure Finance Limited amounted to Rs. 275.00 Cr with Charge ID 10578036 was registered on 04 Jul 2015.

    04 Jul 2015

  • Director Appointment

    Mayuriben Hiteshbhai Patel was appointed as a Director was appointed as a Director on 11 Feb 2015 & has been associated with this company since 9 years 11 months .

    11 Feb 2015

  • Director Appointment

    Vilas Dattatray Joshi was appointed as a Additional Director was appointed as a Additional Director on 29 Jan 2015 & has been associated with this company since 10 years 1 day .

    29 Jan 2015

Frequently asked questions

  • Sterling Port Limited was incorporated on 29 Sep 2006.

  • The authorized share capital of Sterling Port Limited is ₹ 200.00 Cr and paid-up capital is ₹ 179.63 Cr.

  • Currently 4 directors are associated with Sterling Port Limited.

    • Nitin Jayantilal Sandesara
    • Chetan Jayantilal Sandesara
    • Vilas Dattatray Joshi
    • Mayuriben Hiteshbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Port Limited is 43 Atlanta Nariman Point, India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Sterling Port Limited is U93090MH2006PLC165003 and the company number is 165003 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Sterling Port Limited has fallen by -69.21%.

  • As Per 2016 financial reports, 2 employees are currently employed by Sterling Port Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Sterling Port Limited has experienced an upsurge of 11.49%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Sterling Port Limited amount to ₹ 1,922.06 Cr.

  • The most recent Balance Sheet for Sterling Port Limited was filed with the ROC on 31 Mar 2016.

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