Sterling Switchgears Controls Private Limited

Provides consulting services and manufactures lamps and lighting fittings.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated: July 26, 2024

Sterling Switchgears Controls Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 0.95 M
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.28 M
  • Satisfied Charges ₹ 2.26 Cr
  • Revenue Growth -9.97%
  • Profit Growth -80.02%
  • Ebitda -82.92%
  • Net Worth 3.36%
  • Total Assets -10.51%

About Sterling Switchgears Controls

Sterling Switchgears Controls Private Limited (SSCPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 March 1983 and has a history of 41 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.40 M and a paid-up capital of Rs 0.95 M.

The company currently has active open charges totaling ₹3.28 M. The company has closed loans amounting to ₹2.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

Umesh Gandhi, Yogesh Gandhi, Chirag Umesh, and Four other members 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

    U31202MH1983PTC029692

  • Company No.

    029692

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables
Engineering

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

Executive Team (1)

NameDesignationAppointment DateStatus
Umesh Gandhi Country flag representing In Managing Director31-Mar-1983Current

Board Members (6)

NameDesignationAppointment DateStatus
Pallavi Gandhi Country flag representing In Director 01-Mar-2013Current
Chirag Umesh Country flag representing In Director 01-Mar-2013Current
Yogesh Gandhi Country flag representing In Director 31-Mar-1983Current
Kalpana Gandhi Country flag representing In Director 25-Sep-2013Current
Amrish Clerk Country flag representing In Director 27-May-2019Current
Shailesh Bagla Country flag representing In Director 27-May-2019Current

Financial Performance of Sterling Switchgears Controls.

Sterling Switchgears Controls Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.97% decrease. The company also saw a substantial fall in profitability, with a 80.02% decrease in profit. The company's net worth moved up by a moderate rise of 3.36%.

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
-9.97%
Revenue from Operations
-11.19%
Total Assets
-10.51%
Profit or Loss
-80.02%
Net Worth
3.36%
EBITDA
-82.92%

What is the Ownership and Shareholding Structure of Sterling Switchgears Controls?

In 2023, Sterling Switchgears Controls 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

₹3.28 M

Satisfied Charges

₹22.57 M

Charges Breakdown by Lending Institutions

  • Gsfc : 0.27 Cr
  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
11 Dec 2017Hdfc Bank Limited₹0.56 MOpen
07 May 1987Gsfc₹2.72 MOpen
14 Sep 2000Canara Bank₹3.00 MSatisfied
14 Sep 2000Canara Bank₹1.50 MSatisfied
12 Oct 1998Canara Bank₹1.00 MSatisfied

How Many Employees Work at Sterling Switchgears Controls?

Unlock and access historical data on people associated with Sterling Switchgears Controls, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sterling Switchgears Controls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 14 Sep 2000 via Charge ID 90164072 with Canara Bank was fully satisfied on 11 Jun 2019.

    11 Jun 2019

  • Charges

    A charge registered on 14 Sep 2000 via Charge ID 90165380 with Canara Bank was fully satisfied on 11 Jun 2019.

    11 Jun 2019

  • Charges

    A charge registered on 12 Oct 1998 via Charge ID 90163778 with Canara Bank was fully satisfied on 11 Jun 2019.

    11 Jun 2019

  • Charges

    A charge registered on 18 Dec 1997 via Charge ID 90160938 with Canara Bank was fully satisfied on 11 Jun 2019.

    11 Jun 2019

Frequently asked questions

  • Sterling Switchgears Controls Private Limited was incorporated on 31 Mar 1983.

  • The authorized share capital of Sterling Switchgears Controls Private Limited is ₹ 2.40 M and paid-up capital is ₹ 0.95 M.

  • Currently 7 directors are associated with Sterling Switchgears Controls Private Limited.

    • Umesh Popatlal Gandhi
    • Yogesh Popatlal Gandhi
    • Chirag Gandhi Umesh
    • Pallavi Chirag Gandhi
    • Kalpana Umesh Gandhi
    • Amrish Harikant Clerk
    • Shailesh Purushottamdasji Bagla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Switchgears Controls Private Limited is Sterling Houseradium Appartment Shreyas Colany Goregaon E, Mumbai, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Sterling Switchgears Controls Private Limited is U31202MH1983PTC029692 and the company number is 029692 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Switchgears Controls Private Limited has fallen by -9.97%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Switchgears Controls Private Limited has experienced an upsurge of 3.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sterling Switchgears Controls Private Limited amount to ₹ 3.28 M.

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

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