Sterling Stonex Private Limited

Provides mining and quarrying services for various industries.

1995 | Hyderabad, Telangana (India) | Active
Last Updated: January 11, 2025

Sterling Stonex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.52 Cr
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 126.02 Cr
  • Satisfied Charges ₹ 15.04 Cr
  • Revenue Growth -12.00%
  • Profit Growth -8.50%
  • Ebitda 5.86%
  • Net Worth 8.37%
  • Total Assets 5.44%

About Sterling Stonex

Sterling Stonex Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 September 1995 and has a history of 29 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Metals And Minerals 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 5.00 Cr and a paid-up capital of Rs 4.52 Cr.

The company currently has active open charges totaling ₹126.02 Cr. The company has closed loans amounting to ₹15.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Koneru Rao, Koneru Rao, and Koneru Rao serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sterlingstonex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14101TG1995PTC021590

  • Company No.

    021590

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Sep 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

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

Executive Team (1)

NameDesignationAppointment DateStatus
Koneru Rao Country flag representing In Managing Director04-Sep-1995Current

Board Members (2)

NameDesignationAppointment DateStatus
Koneru Rao Country flag representing In Director 04-Sep-1995Current
Koneru Rao Country flag representing In Director 04-Sep-1995Current

Financial Performance of Sterling Stonex.

Sterling Stonex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12% decrease. The company also saw a slight decrease in profitability, with a 8.5% decrease in profit. The company's net worth moved up by a moderate rise of 8.37%.

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
-12.00%
Revenue from Operations
-11.14%
Total Assets
5.44%
Profit or Loss
-8.50%
Net Worth
8.37%
EBITDA
5.86%

What is the Ownership and Shareholding Structure of Sterling Stonex?

In 2023, Sterling Stonex 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

₹126.02 Cr

Satisfied Charges

₹15.04 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 91.95 Cr
  • Others : 30.55 Cr
  • Lakshmi General Finance Limited : 1.51 Cr
  • Axis Bank Limited : 1.16 Cr
  • Icici Bank Limited : 0.39 Cr
  • Others : 0.46 Cr

Latest Charge Details

DateLenderAmountStatus
20 Oct 2023Others₹20.00 CrOpen
20 Oct 2023Others₹5.00 CrOpen
26 Oct 2022Yes Bank Limited₹0.94 MOpen
30 Jun 2022Others₹1.00 CrOpen
30 May 2022Others₹1.00 CrOpen

How Many Employees Work at Sterling Stonex?

Sterling Stonex has a workforce of 31 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 Stonex, 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 Stonex'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 Stonex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 83.20 Cr registered on 25 Sep 2019 with Charge ID 100297962 was modified on 28 Jun 2024.

    28 Jun 2024

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 20 Oct 2023 with Charge ID 100811024 was modified on 04 Apr 2024.

    04 Apr 2024

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 20 Oct 2023 with Charge ID 100811026 was modified on 04 Apr 2024.

    04 Apr 2024

  • Balance Sheet

    Sterling Stonex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100811024 was registered on 20 Oct 2023.

    20 Oct 2023

Frequently asked questions

  • Sterling Stonex Private Limited was incorporated on 04 Sep 1995.

  • The authorized share capital of Sterling Stonex Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.52 Cr.

  • Currently 3 directors are associated with Sterling Stonex Private Limited.

    • Koneru Venkateswara Rao
    • Koneru Srinivas Rao
    • Koneru Tirumala Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Stonex Private Limited is 2-98/3 10-B Kakatiya Nagar Habsiguda, Hyderabad. India, Andhra Pradesh, Telangana, 500007.

  • The corporate identification number (CIN) of Sterling Stonex Private Limited is U14101TG1995PTC021590 and the company number is 021590 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sterling Stonex Private Limited is https://www.sterlingstonex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Stonex Private Limited has fallen by -12.00%.

  • As Per 2023 financial reports, 31 employees are currently employed by Sterling Stonex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Stonex Private Limited has experienced an upsurge of 8.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sterling Stonex Private Limited amount to ₹ 126.02 Cr.

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