Sterling Abrasives Limited - Company Profile

It is a machinery and equipment public limited company based in Prantij, Gujarat, India, established in 1979.
1979 Prantij, Gujarat, India Active
Last Updated:
Access Report
About Sterling Abrasives Limited

Sterling Abrasives Limited, a active public limited company, was established on 27 July 1979 in Prantij, Gujarat, India. Engaging in industrial machine tools within the manufacturing sector, it holds CIN: U29259GJ1979PLC003467. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.00 M.

Formerly known as Sterling Abrasives P Limited. It upholds a compliant status. Employing 461 professional, Its leadership includes Nirav Nitin Parikh (Managing Director), Dorairaj Deepak (Director), Srikanth Chandhar (Director). Past directors included Ramesh V, Murugappan Murugappan Muthiah, Nirav Nitin Parikh. It holds ₹76.72 Cr open charges and ₹21.80 Cr settled loans. Its latest AGM occurred on 09 June 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No. 57/58/59/64,, Galesara Village,, Prantij, Gujarat, 383205.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U29259GJ1979PLC003467

  • Registration Number

    003467

  • Incorporation Date

    27 July 1979

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹9.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 46 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 76.72 Cr
  • Satisfied Charges ₹ 21.80 Cr
  • Revenue Growth **** 23.27%
  • Profit Growth **** 36.09%
  • Ebitda **** 34.63%
  • Net Worth 14.81%
  • Total Assets **** 38.85%
Company report

Sterling Abrasives Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sterling Abrasives Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Sterling Abrasives Limited?
Current Directors
Name Designation Appointment Date Status
Nirav Nitin Parikh Managing Director 01 Jul 2005 Current
Dorairaj Deepak Director 01 Mar 2024 Current
Srikanth Chandhar Director 16 Oct 2024 Current
Srinivasan Rangarajan Director 22 Apr 2009 Current
Ashish Surendrabhai Patel Director 30 May 2025 Current
Sridharan Rangarajan Director 05 Jan 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 04 Jun 2009 Past
Pramod Abcsdd Director 22 Apr 2009 Past
Pramod Abcsdd Director 01 Jul 2008 Past
Pramod Abcsdd Director 12 Jul 2014 Past
Pramod Abcsdd Additional Director 20 May 2014 Past
Pramod Abcsdd Director 30 May 2025 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Sterling Abrasives.

Sterling Abrasives Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.27% increase. The company also saw a substantial improvement in profitability, with a 36.09% increase in profit. The company's net worth Soared by an impressive increase of 14.81%.

Sterling Abrasives revenue growth over time
Sterling Abrasives profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 23.27%
*******
*******
*******
*******
Revenue from Operations
*******
 23.56%
*******
*******
*******
*******
Total Assets
*******
 38.85%
*******
*******
*******
*******
Profit or Loss
*******
 36.09%
*******
*******
*******
*******
Net Worth
*******
 14.81%
*******
*******
*******
*******
EBITDA
*******
 34.63%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Sterling Abrasives?

In 2023, Sterling Abrasives 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹767,200,000.00

Satisfied Charges

₹218,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 76.00 Cr
  • Bank Of Baroda : 0.72 Cr
Latest Charge Details
Date Lender Amount Status
23 Aug 2022 Others ₹45.00 Cr Open
30 Jul 2019 Others ₹31.00 Cr Open
22 Sep 1989 Bank Of Baroda ₹7.20 M Open
20 Sep 1997 State Bank Of India ₹21.80 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Sterling Abrasives?

Sterling Abrasives has a workforce of 461 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sterling Abrasives, 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 Abrasives'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Sterling Abrasives
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Sterling Abrasives Limited last Annual general meeting of members was held on 09 Jun 2025 as per latest MCA records. was documented.

  • Director Appointment

    The activity Ashish Surendrabhai Patel was appointed as a Director was appointed as a Director on 30 May 2025 & has been associated with this company since 8 months 26 days . was completed.

  • Director Appointment

    Progress on Aditya Nirav Parikh was appointed as a Whole-time director was appointed as a Whole-time director on 30 May 2025 & has been associated with this company since 8 months 26 days . was documented.

  • Charges

    The activity A charge with Others of Rs. 31.00 Cr registered on 30 Jul 2019 with Charge ID 100282576 was modified on 15 Apr 2025. was completed.

  • Balance Sheet

    Sterling Abrasives Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    The activity Srikanth Chandhar was appointed as a Director was appointed as a Director on 16 Oct 2024 & has been associated with this company since 1 year 4 months . was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Sterling Abrasives Limited?

The CIN of Sterling Abrasives Limited is U29259GJ1979PLC003467.

Where is Sterling Abrasives Limited headquartered?

Sterling Abrasives Limited is headquartered at Plot No. 57/58/59/64,, Galesara Village,, Prantij, Gujarat, 383205.

When was Sterling Abrasives Limited incorporated?

Sterling Abrasives Limited was incorporated on 27 July 1979.

Who are the current directors of Sterling Abrasives Limited?

The current directors of Sterling Abrasives Limited are

What is the primary industry of Sterling Abrasives Limited?

The primary industry of Sterling Abrasives Limited is Manufacturing.

Is Sterling Abrasives Limited a listed company?

Sterling Abrasives Limited is unlisted.

What is the capital structure of Sterling Abrasives Limited?

The authorized capital of Sterling Abrasives Limited is ₹1.00 Cr, and the paid-up capital is ₹9.00 M.

What is the compliance status of Sterling Abrasives Limited?

The compliance status of Sterling Abrasives Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available