About
Basic Data Updated:
26 days agoSterling Tools Limited has been involved in the manufacturing and marketing of high tensile cold forged fasteners, with a primary focus on the automobile industry. The fasteners produced by the company are utilized in both automotive and non-automotive sectors. The company's operations are spread across three manufacturing plants situated in Faridabad, Ballabhgarh, and Palwal, all located in Haryana. With a total installed capacity of nearly 45,000 MT per annum, STL stands as one of the largest fastener manufacturers in India. It caters to renowned automotive companies in India and also supplies to Tier-1 auto component manufacturers in Europe. The company's stocks are listed on the BSE (Bombay Stock Exchange) and the NSE (National Stock Exchange).
Industry
Company Details
- Location
South Delhi, Delhi, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Sterling Tools Limited
Automotive Nuts
Studs
Automobile Fasteners
Standard Fastener
Financials of Sterling Tools Limited
Sterling Tools Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32.53% increase. The company also saw a substantial improvement in profitability, with a 21.75% increase in profit. The company's net worth moved up by a moderate rise of 8.51%.
Corporate Structure
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People in Sterling Tools Limited
Unlock and access historical data on people associated with Sterling Tools, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
AA
Anil Aggarwal
Managing DirectorAppointment Date: 30-Sep-1994
Status: Current
PG
Pankaj Gupta CFOAppointment Date: 12-Jun-2021
Status: Current
AC
Abhishek Chawla Company SecretaryAppointment Date: 08-May-2023
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 03 Nov 2023 | ₹53.83 Cr | Open |
Hdfc Bank Limited Creation Date: 15 Mar 2023 | ₹13.50 Cr | Open |
Others Creation Date: 01 Sep 2021 | ₹30.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Sterling Automobiles Private Limited
Active
18 years 7 months Atul Aggarwal, Akhill Aggarwal and 1 more are mutual person
Recent activity within the organization
Director Appointment
Vijay Madhav Paradkar was appointed as a Additional Director was appointed as a Additional Director on 08 Apr 2024 & has been associated with this company since 1 month 8 days .
08 Apr 2024Charges
A charge with State Bank Of India of Rs. 53.83 cr registered on 03 Nov 2023 with Charge ID 100818494 was modified on 28 Mar 2024.
28 Mar 2024Charges
A charge with State Bank Of India of Rs. 56.39 cr registered on 23 Jan 2013 with Charge ID 10405326 was modified on 11 Mar 2024.
11 Mar 2024Director Appointment
Anish Agarwal was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2024 & has been associated with this company since 2 months 18 days .
01 Mar 2024Director Appointment
Rashmi Hemant Urdhwareshe was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2024 & has been associated with this company since 2 months 18 days .
01 Mar 2024
Recent News, Updates & Announcement
IDFC Mutual Fund buys 480 lakh shares of Sterling Tools Moneycontrolcom.Moneycontrol 21 Jul 2017
Frequently asked questions
What is the Incorporation or founding date of Sterling Tools Limited?
