Sterling Urban Developments Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 1.90 Cr
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- 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 nine months. Its registered office is in Bangaluru, 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 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 1.90 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.
Srinivasarao Nagendra, Venkat Sastri, Naresh Nadkarni, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
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
30 Oct 2024
- Date of Balance Sheet
31 Mar 2024
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasarao Nagendra  | Director | 12-Dec-2005 | Current |
| Venkat Sastri | Director | 12-Jun-2002 | Current |
| Naresh Nadkarni | Director | 12-Dec-2005 | Current |
| Gowri Sastri | Whole-Time Director | 10-Oct-2006 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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)
_LIMITED.webp)
- Sterling Urban Condominiums Private Limited
Venkat Sastri and Gowri Sastri are mutual person
- L.D.C. Holdings Private Limited
Venkat Sastri and Gowri Sastri are mutual person
- Sterling Habitats Private Limited
Venkat Sastri and Gowri Sastri are mutual person
- Sterling Developers Private Limited
Venkat Sastri and Gowri Sastri are mutual person
- Sterling Urban Ventures Private Limited
Gowri Sastri is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2023 | Hdfc Bank Limited | ₹3.00 M | Open |
| 07 Nov 2014 | Housing Development Finance Corporation Limited | ₹30.00 Cr | Satisfied |
| 21 Mar 2014 | Others | ₹180.00 Cr | Satisfied |
| 30 Mar 2013 | Housing Development Finance Corporation Limited | ₹30.00 Cr | Satisfied |
| 15 Jun 2010 | Housing Development Finance Corporation Limited | ₹80.00 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.
Latest Updates, News, and FAQs on Sterling Urban Developments
Recent activity within the organization
- Annual General Meeting
Sterling Urban Developments Private Limited last Annual general meeting of members was held on 30 Oct 2024 as per latest MCA records.
- Balance Sheet
Sterling Urban Developments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 21 Mar 2014 via Charge ID 10537956 with Others was fully satisfied on 29 Feb 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100827964 was registered on 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.
- 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.
Recent News, Updates & Announcement
- Prestige Group Acquires Majority Stake in Sterling Urban Infraprojects for Rs336 Crore, Plans Massive Office Space in Bengaluru; Prestige Estates Projects Ltd Shares Dip by 0.60%.
Prestige Group buys 80% of Sterling Urban Infraprojects for Rs336 crore. They plan to build a huge office space in Bengaluru. Shares of Prestige Estates Projects Ltd went down by 0.60%..
Frequently asked questions
What is the Incorporation or founding date of Sterling Urban Developments Private Limited?
Sterling Urban Developments Private Limited was incorporated on 12 Jun 2002.
What is authorized share capital and paid-up capital of Sterling Urban Developments Private Limited?
The authorized share capital of Sterling Urban Developments Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 1.90 Cr.
Who are the current board members & directors of Sterling Urban Developments Private Limited?
Currently 4 directors are associated with Sterling Urban Developments Private Limited.
- Srinivasarao Nagabhushana Rao Nagendra
- Venkat Ramani Sastri
- Naresh Manohar Nadkarni
- Gowri Shankar Sastri
What is the registered address of Sterling Urban Developments Private Limited?
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, India, Bangalore, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Sterling Urban Developments Private Limited?
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).
What is the official website of Sterling Urban Developments Private Limited?
The Official website of Sterling Urban Developments Private Limited is https://www.sterlingdevelopers.com
What has been the recent revenue trend for Sterling Urban Developments Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Urban Developments Private Limited has risen by 688.19%.
What change has been observed in the net worth of Sterling Urban Developments Private Limited, and by what percentage?
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%.
What are the total open charges for Sterling Urban Developments Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sterling Urban Developments Private Limited amount to ₹ 3.00 M.
When was the last Balance Sheet of Sterling Urban Developments Private Limited filed with the ROC?
The most recent Balance Sheet for Sterling Urban Developments Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Prasanna KasturiNominee Director
Kothandaraman GaneshNominee DirectorHA
Hariharan AiyarDirector