Sterling Sez And Infrastructure Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 198.31 Cr
- Company Age 18 Year, 10 Months
- Last Filing with ROC 31 Mar 2016
- Open Charges ₹ 11,948.01 Cr
- Satisfied Charges ₹ 150.00 Cr
- Revenue Growth 37.06%
- Profit Growth 116.28%
- Ebitda -163.88%
- Net Worth 1.26%
- Total Assets -3.57%
About Sterling Sez And Infrastructure
Sterling Sez And Infrastructure Limited (SSAIL) is Under Liquidation company established on 22 Jun 2006 with its office registered at Mumbai, Maharashtra, India and has been running since 18 Year, 10 Months with a paid up capital of 198.31 Cr. According to MCA records, 4 Directors are linked to this company as of 14 May 2024.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45201MH2006PLC162784
- Company No.
162784
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Jun 2006
- Date of AGM
28 Sep 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Infrastructure and Utilities
Sterling Sez And Infrastructure Limited
Explore comprehensive data for Sterling Sez And Infrastructure Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sterling Sez And Infrastructure?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Sandesara  | Director | 22-Jun-2006 | Current |
| Chetan Sandesara | Director | 22-Jun-2006 | Current |
| Priyadarshanbhai Bhimbhai | Director | 28-Sep-2007 | Current |
| Mayuriben Patel | Director | 20-Jul-2015 | Current |
Financial Performance of Sterling Sez And Infrastructure.
Sterling Sez And Infrastructure Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 37.06% increase. The company also saw a substantial improvement in profitability, with a 116.28% increase in profit. The company's net worth moved up by a moderate rise of 1.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sterling Sez And Infrastructure?
In 2016, Sterling Sez And Infrastructure had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tubestar Oil And Gas Services Private LimitedPriyadarshanbhai Bhimbhai is a mutual person
Sterling Port LimitedNitin Sandesara, Chetan Sandesara and 1 more are mutual person
- Sealord Erections Private Limited
Nitin Sandesara is a mutual person
- Charismatic Trading Llp
Chetan Sandesara is a mutual person
- Sterling Gelatin Limited
Chetan Sandesara is a mutual person
- Maa Infrastructure Company Limited
Chetan Sandesara is a mutual person
Charges (Loans)
Open Charges
₹11,948.01 Cr
Satisfied Charges
₹150.00 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 10410.36 Cr
- Others : 992.00 Cr
- Srei Infrastructure Finance Limited : 425.00 Cr
- Indian Overseas Bank : 67.18 Cr
- Allahabad Bank : 53.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2017 | Sbicap Trustee Company Limited | ₹5,205.18 Cr | Open |
| 23 Feb 2017 | Sbicap Trustee Company Limited | ₹5,205.18 Cr | Open |
| 04 Jul 2015 | Srei Infrastructure Finance Limited | ₹275.00 Cr | Open |
| 03 Nov 2012 | Indian Overseas Bank | ₹67.18 Cr | Open |
| 29 Jun 2012 | Allahabad Bank | ₹53.47 Cr | Open |
How Many Employees Work at Sterling Sez And Infrastructure?
Sterling Sez And Infrastructure has a workforce of 14 employees as of Apr 08, 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 Sez And Infrastructure, 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 Sez And Infrastructure'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 Sez And Infrastructure
Recent activity within the organization
- Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 5,205.18 Cr with Charge ID 100087936 was registered on 15 Mar 2017.
- Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 5,205.18 Cr with Charge ID 100083088 was registered on 23 Feb 2017.
- Charges
A charge with Others of Rs. 992.00 Cr registered on 19 Dec 2008 with Charge ID 10136097 was modified on 28 Sep 2016.
- Annual General Meeting
Sterling Sez And Infrastructure Limited last Annual general meeting of members was held on 28 Sep 2016 as per latest MCA records.
- Balance Sheet
Sterling Sez And Infrastructure Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.
- Director Appointment
Mayuriben Hiteshbhai Patel was appointed as a Director was appointed as a Director on 20 Jul 2015 & has been associated with this company since 9 years 9 months .
Recent News, Updates & Announcement
"Bankruptcy Filed for Rs 337 Crore Debt, Owners on the Run and Creditors Let Off the Hook: Court Appoints Administrator for Company".When you try to file for bankruptcy but your creditors are fugitives and the court lets them off the hook because most of the lenders agreed to it. But since the owners are on the run, the court appoints an administrator for the company. The bankruptcy was filed in 2018 for a debt of Rs 337 crore, but now the owners are willing to pay only half of the total amount..
- Company Owners Fugitives, Court Appoints New Management Amidst Lawsuit Over Unpaid Debts.
When you try to sue a company for not paying you back, but they have no money because their owners are fugitives and hiding abroad. But then the court says it's okay to withdraw the case because most of the lenders agreed. But the owners are still missing, so the court appoints someone else to take care of the company. The company owes a lot of money and the person who originally sued them sold their debt to someone else. And now the owners are willing to pay only half of what they owe..
- Sterling RP moves NCLT for possession of assets | Mint.
Vishal Jain, the resolution professional for Sterling SEZ and Sterling International, has told the NCLT that it would be impossible to proceed with the resolution process without the assets.
Frequently asked questions
What is the Incorporation or founding date of Sterling Sez And Infrastructure Limited?
Sterling Sez And Infrastructure Limited was incorporated on 22 Jun 2006.
What is authorized share capital and paid-up capital of Sterling Sez And Infrastructure Limited?
The authorized share capital of Sterling Sez And Infrastructure Limited is ₹ 200.00 Cr and paid-up capital is ₹ 198.31 Cr.
Who are the current board members & directors of Sterling Sez And Infrastructure Limited?
Currently 4 directors are associated with Sterling Sez And Infrastructure Limited.
- Nitin Jayantilal Sandesara
- Chetan Jayantilal Sandesara
- Priyadarshanbhai Mehta Bhimbhai
- Mayuriben Hiteshbhai Patel
What is the registered address of Sterling Sez And Infrastructure Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Sez And Infrastructure Limited is C-25 Laxmi Tower A -601 6Th Floor, Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India, 400051.
What is the corporate identification number (CIN) and company number of Sterling Sez And Infrastructure Limited?
The corporate identification number (CIN) of Sterling Sez And Infrastructure Limited is U45201MH2006PLC162784 and the company number is 162784 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sterling Sez And Infrastructure Limited?
The Official website of Sterling Sez And Infrastructure Limited is https://www.sterlingsez.com
What has been the recent revenue trend for Sterling Sez And Infrastructure Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Sterling Sez And Infrastructure Limited has risen by 37.06%.
How many employees does Sterling Sez And Infrastructure Limited currently have?
As Per 2016 financial reports, 14 employees are currently employed by Sterling Sez And Infrastructure Limited.
What change has been observed in the net worth of Sterling Sez And Infrastructure Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Sterling Sez And Infrastructure Limited has experienced an upsurge of 1.26%.
What are the total open charges for Sterling Sez And Infrastructure Limited?
As per the financial statements for fiscal Year 2016, The total open charges for Sterling Sez And Infrastructure Limited amount to ₹ 11,948.01 Cr.
When was the last Balance Sheet of Sterling Sez And Infrastructure Limited filed with the ROC?
The most recent Balance Sheet for Sterling Sez And Infrastructure Limited was filed with the ROC on 31 Mar 2016.
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