Sterling Solid Tyres Private Ltd

Manufactures and sells solid cushion tires, certified for quality, since 1996 in Tamil Nadu.

1996 | Pudukkottai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Sterling Solid Tyres Profile

Key Indicators

  • Authorised Capital ₹ 2.80 M
  • Paid Up Capital ₹ 2.80 M
  • Company Age 29 Year, 18 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.31 M
  • Revenue Growth 2.44%
  • Profit Growth 17.67%
  • Ebitda -27.35%
  • Net Worth 2.82%
  • Total Assets -0.07%

About Sterling Solid Tyres

Sterling Solid Tyres Private Ltd (SSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 February 1996 and has a history of 29 years. Its registered office is in Pudukkottai, Tamil Nadu, India.

The Company is engaged in the Automotive 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 2.80 M and a paid-up capital of Rs 2.80 M.

The company has closed loans amounting to ₹4.31 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ramalingam Vijayakumar, Somasundaram Panneerselvam, Babu Umapathi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pudukkottai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sterlingsolidtyres.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25111TN1996PTC034349

  • Company No.

    034349

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Sterling Solid Tyres Private Ltd offer?

Sterling Solid Tyres Private Ltd offers a wide range of products and services, including Tyre, Tube & Flaps, Solid Tyres, Commercial Vehicle Tyres, Off Road Tyres, Forklift Tyres, Solid Rubber Tyre, Solid Cushion Tyres, Skid Steer Tyre, Truck Tyres, Heavy Duty Truck Tyre.

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

Board Members (5)

NameDesignationAppointment DateStatus
Ramalingam Vijayakumar Country flag representing In Director 02-Feb-1996Current
Somasundaram Panneerselvam Country flag representing In Director 15-Jul-1996Current
Babu Umapathi Country flag representing In Director 15-Jul-1996Current
Lingaswamy Kumar Country flag representing In Director 15-Jul-1996Current
Viswanatha Karnati Country flag representing In Director 11-Oct-2019Current

Financial Performance of Sterling Solid Tyres.

Sterling Solid Tyres Private Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 2.44% increase. The company also saw a substantial improvement in profitability, with a 17.67% increase in profit. The company's net worth moved up by a moderate rise of 2.82%.

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
2.44%
Revenue from Operations
1.93%
Total Assets
-0.07%
Profit or Loss
17.67%
Net Worth
2.82%
EBITDA
-27.35%

What is the Ownership and Shareholding Structure of Sterling Solid Tyres?

In 2023, Sterling Solid Tyres had a promoter holding of 89.44% and a public holding of 10.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4.31 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 0.43 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2000Punjab National Bank₹0.21 MSatisfied
09 Apr 1998Punjab National Bank₹1.00 MSatisfied
21 Apr 1997Punjab National Bank₹3.10 MSatisfied

How Many Employees Work at Sterling Solid Tyres?

Sterling Solid Tyres has a workforce of 25 employees as of Mar 24, 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 Solid Tyres, 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 Solid Tyres'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 Solid Tyres

Recent activity within the organization

  • Charges

    A charge registered on 19 Apr 2000 via Charge ID 90282262 with Punjab National Bank was fully satisfied on 16 Nov 2023.

    16 Nov 2023

  • Charges

    A charge registered on 09 Apr 1998 via Charge ID 90282135 with Punjab National Bank was fully satisfied on 16 Nov 2023.

    16 Nov 2023

  • Charges

    A charge registered on 21 Apr 1997 via Charge ID 90282062 with Punjab National Bank was fully satisfied on 16 Nov 2023.

    16 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sterling Solid Tyres Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Viswanatha Prabhakar Reddy Karnati was appointed as a Director was appointed as a Director on 11 Oct 2019 & has been associated with this company since 5 years 4 months .

    11 Oct 2019

Frequently asked questions

  • Sterling Solid Tyres Private Ltd was incorporated on 02 Feb 1996.

  • The authorized share capital of Sterling Solid Tyres Private Ltd is ₹ 2.80 M and paid-up capital is ₹ 2.80 M.

  • Currently 5 directors are associated with Sterling Solid Tyres Private Ltd.

    • Ramalingam Vijayakumar
    • Somasundaram Panneerselvam
    • Babu Umapathi
    • Lingaswamy Ramesh Kumar
    • Viswanatha Prabhakar Reddy Karnati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Solid Tyres Private Ltd is 10E, Sipcot Industrial India, ComplexePudukkottai622002, Tamil Nadu.

  • The corporate identification number (CIN) of Sterling Solid Tyres Private Ltd is U25111TN1996PTC034349 and the company number is 034349 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sterling Solid Tyres Private Ltd is https://www.sterlingsolidtyres.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Solid Tyres Private Ltd has risen by 2.44%.

  • As Per 2023 financial reports, 25 employees are currently employed by Sterling Solid Tyres Private Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Solid Tyres Private Ltd has experienced an upsurge of 2.82%.

  • The most recent Balance Sheet for Sterling Solid Tyres Private Ltd was filed with the ROC on 31 Mar 2023.

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