Sterling Urban Developments Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
as on 18-07-2024
- Paid Up Capital ₹ 23.98 Cr
as on 18-07-2024
- Company Age 22 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.00 M
as on 18-07-2024
- Satisfied Charges ₹ 430.00 Cr
as on 18-07-2024
- Revenue 688.19%
(FY 2023)
- Profit 180.34%
(FY 2023)
- Ebitda 90.12%
(FY 2023)
- Net Worth 20.10%
(FY 2023)
- Total Assets -43.91%
(FY 2023)
About Sterling Urban Developments
The Company is engaged in the Real Estate And Construction 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 30.00 Cr and a paid-up capital of Rs 23.98 Cr.
The company currently has active open charges totaling ₹3.00 M. The company has closed loans amounting to ₹430.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gowri Sastri, Naresh Nadkarni, Venkat Sastri, and One other member serve as directors at the Company.
- CIN/LLPIN
U07010KA2002PTC030626
- Company No.
030626
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jun 2002
- Date of AGM
10 Nov 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Sterling Urban Developments?
Board Members(4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Gowri Sastri | Whole-Time Director | 10-Oct-2006 | Current |
Naresh Nadkarni | Director | Current | |
Venkat Sastri | Director | 12-Jun-2002 | Current |
Srinivasarao Nagendra | Director | Current |
Financial Performance and Corporate Structure Insights of Sterling Urban Developments.
Sterling Urban Developments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 688.19% increase. The company also saw a substantial improvement in profitability, with a 180.34% increase in profit. The company's net worth Soared by an impressive increase of 20.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
What is the Ownership and Shareholding Structure of Sterling Urban Developments?
In 2023, Sterling Urban Developments 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)
- Infrastructure Development Corporation (Karnataka) LimitedActive 24 years 5 months
Srinivasarao Nagendra is a mutual person
- Sterling Urban Condominiums Private LimitedActive 17 years 7 months
Gowri Sastri and Venkat Sastri are mutual person
- L.D.C. Holdings Private LimitedActive 39 years 10 months
Gowri Sastri and Venkat Sastri are mutual person
- Sterling Habitats Private LimitedActive 9 years 6 months
Gowri Sastri and Venkat Sastri are mutual person
- Sterling Developers Private LimitedActive 37 years 9 months
Gowri Sastri and Venkat Sastri are mutual person
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Hdfc Bank Limited Creation Date: 10 Aug 2023 | ₹3.00 M | Open |
Housing Development Finance Corporation Limited Creation Date: 07 Nov 2014 | ₹30.00 Cr | Satisfied |
Others Creation Date: 21 Mar 2014 | ₹180.00 Cr | Satisfied |
How Many Employees Work at Sterling Urban Developments?
Unlock and access historical data on people associated with Sterling Urban Developments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sterling Urban Developments, 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 Urban Developments'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.