Sterling Urban Developments Private Limited

Develops and manages properties, including residential and commercial buildings, in Bangalore, Karnataka.

2002 | Bangalore, Karnataka (India) | Active
Last Updated: July 18, 2024

Sterling Urban Developments Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 23.98 Cr
  • Company Age 22 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.00 M
  • Satisfied Charges ₹ 430.00 Cr
  • Revenue Growth 688.19%
  • Profit Growth 180.34%
  • Ebitda 90.12%
  • Net Worth 20.10%
  • Total Assets -43.91%

About Sterling Urban Developments

Sterling Urban Developments Private Limited (SUDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 2002 and has a history of 22 years and eight months. Its registered office is in Bangalore, Karnataka, India.

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.

Company Details

Corporate Identity Details

  • 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

Real Estate and Construction

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

Board Members (4)

NameDesignationAppointment DateStatus
Gowri Sastri Country flag representing In Whole-Time Director 10-Oct-2006Current
Naresh Nadkarni Country flag representing In Director Current
Venkat Sastri Country flag representing In Director 12-Jun-2002Current
Srinivasarao Nagendra Country flag representing In Director Current

Financial Performance 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%.

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
688.19%
Revenue from Operations
387.94%
Total Assets
-43.91%
Profit or Loss
180.34%
Net Worth
20.10%
EBITDA
90.12%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.30 Cr

Satisfied Charges

₹430.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2023Hdfc Bank Limited₹3.00 MOpen
07 Nov 2014Housing Development Finance Corporation Limited₹30.00 CrSatisfied
21 Mar 2014Others₹180.00 CrSatisfied
30 Mar 2013Housing Development Finance Corporation Limited₹30.00 CrSatisfied
15 Jun 2010Housing Development Finance Corporation Limited₹80.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Urban Developments

Recent activity within the organization

  • Charges

    A charge registered on 21 Mar 2014 via Charge ID 10537956 with Others was fully satisfied on 29 Feb 2024.

    29 Feb 2024

  • Annual General Meeting

    Sterling Urban Developments Private Limited last Annual general meeting of members was held on 10 Nov 2023 as per latest MCA records.

    10 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100827964 was registered on 10 Aug 2023.

    10 Aug 2023

  • Charges

    A charge registered on 30 May 2008 via Charge ID 10482752 with Housing Development Finance Corporation Limited was fully satisfied on 29 Jun 2023.

    29 Jun 2023

  • Charges

    A charge registered on 07 Nov 2014 via Charge ID 10588879 with Housing Development Finance Corporation Limited was fully satisfied on 19 Apr 2023.

    19 Apr 2023

  • Charges

    A charge registered on 30 Mar 2013 via Charge ID 10428420 with Housing Development Finance Corporation Limited was fully satisfied on 19 Apr 2023.

    19 Apr 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Sterling Urban Developments Private Limited was incorporated on 12 Jun 2002.

  • The authorized share capital of Sterling Urban Developments Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 23.98 Cr.

  • Currently 4 directors are associated with Sterling Urban Developments Private Limited.

    • Gowri Shankar Sastri
    • Naresh Manohar Nadkarni
    • Venkat Ramani Sastri
    • Srinivasarao Nagabhushana Rao Nagendra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Urban Developments Private Limited is Prestige Nebula Level 5 No.8 Cubbon Road Opp. Income Tax Office Building, Bangalore, Karnataka, India, 560001.

  • The corporate identification number (CIN) of Sterling Urban Developments Private Limited is U07010KA2002PTC030626 and the company number is 030626 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sterling Urban Developments Private Limited is https://www.sterlingdevelopers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Urban Developments Private Limited has risen by 688.19%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Urban Developments Private Limited has experienced an upsurge of 20.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sterling Urban Developments Private Limited amount to ₹ 3.00 M.

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

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