Sterling Premises Private Limited
About Sterling Premises Private Limited
Data last updated:
Sterling Premises Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 May 2004.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U45201PN2004PTC019297. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Nitin Dhawale Vijay and Farookh Khan Noormohammad.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at S. No. 191A/2A/1/2 Tech Park One Tower E Yerwada, Pune, Maharashtra, India – 411006.
As per the financials filed for FY 2020, the company reported a revenue of ₹65,152. For the same year it recorded a net loss of ₹1.71 Lakh (net margin -262.1%) and EBITDA of -₹1.68 Lakh (EBITDA margin -257.7%). Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 38% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
Company details
Contact details
Sterling Premises Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS. No. 191A/2A/1/2 Tech Park One Tower E Yerwada, Pune, Maharashtra, India – 411006
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sterling Premises Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Sterling Premises Private Limited
FY 2021 filings availableSterling Premises Private Limited reported revenue of ₹65,152 for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹65,152 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.71 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -257.7% | ||||
| Net Profit Margin | -262.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sterling Premises Private Limited, buy the company report.
Board of directors of Sterling Premises Private Limited
Sterling Premises has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Dhawale Vijay Also directs: VJ Housing Private Limited, A2g Realty LLP, Pune Express Infrastructure Private Limited and 2 more | Director | 25 Aug 2017 | 9 Years 2 Months | As last reported |
| Farookh Khan Noormohammad | Director | 24 Apr 2019 | 7 Years 6 Months | As last reported |
Auditor
Sterling Premises Private Limited is audited by G K D J & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G K D J & ASSOCIATES | FY 2019 | 134509W |
Shareholding
The shareholding of Sterling Premises Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sterling Premises Private Limited, buy the company report.
Legal cases
Sterling Premises Private Limited has 5 court cases on record: 3 filed by Sterling Premises, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Sobha Ltd.And 5 Ors. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Sobha Developers Ltd. Etc 2 | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by individuals | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Pride Purple Infrastructure Etc 2 and 2 others | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against individuals | Disposed |
To see the full case history of Sterling Premises Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sterling Premises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sterling Premises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sterling Premises Private Limited, buy the company report.
Recent activity
Sterling Premises Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Farookh Khan Noormohammad ceased to be Additional Director on 23 Sep 2019.
Frequently asked questions
Sterling Premises has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sterling Premises was a private limited company based in Pune, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 May 2004 and is registered under CIN U45201PN2004PTC019297. The company has been struck off by the Registrar of Companies and is no longer operational.
Sterling Premises had 2 directors:
- Nitin Dhawale Vijay - Director
- Farookh Khan Noormohammad - Director
The CIN (Corporate Identification Number) of Sterling Premises is U45201PN2004PTC019297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sterling Premises is at S. No. 191A2A12 Tech Park One Tower E Yerwada, Pune, Maharashtra, India – 411006.
Sterling Premises was incorporated on 21 May 2004. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Sterling Premises on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Sterling Premises has 1 GST registration on record and it is cancelled or inactive.
Sterling Premises operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
Sterling Premises has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.