Sterling Biotech Profile
Key Indicators
- Authorised Capital ₹ 2,800.00 Cr
- Paid Up Capital ₹ 643.35 Cr
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 36.90 Cr
- Satisfied Charges ₹ 21,758.44 Cr
- Revenue Growth 7.51%
- Profit Growth -100.32%
- Ebitda 12.73%
- Net Worth -2.14%
- Total Assets 0.46%
About Sterling Biotech
Sterling Biotech Limited (SBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 March 1985 and has a history of 40 years and one month. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512299.
The Corporate was formerly known as Sterling Tea & Indutries Limited. The Company is engaged in the Pharma 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 2,800.00 Cr and a paid-up capital of Rs 643.35 Cr.
The company currently has active open charges totaling ₹36.90 Cr. The company has closed loans amounting to ₹21,758.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sterling Biotech Limited India are Devesh Choudhari as CFO and Heenaben Pankhania as Company Secretary. Aftab Mathur, Vishal Gor, Keyur Parekh, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L51900MH1985PLC035738
- Company No.
035738
- Stock Symbol
BSE : 512299
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Mar 1985
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Pharma
Sterling Biotech Limited
Explore comprehensive data for Sterling Biotech Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sterling Biotech?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Devesh Choudhari | CFO | 27-May-2024 | Current |
| Heenaben Pankhania | Company Secretary | 17-Aug-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aftab Mathur  | Nominee Director | 29-Aug-2024 | Current |
| Vishal Gor | Nominee Director | 29-Aug-2024 | Current |
| Keyur Parekh | Nominee Director | 29-Aug-2024 | Current |
| Alok Garg | Nominee Director | 29-Aug-2024 | Current |
Financial Performance of Sterling Biotech.
Sterling Biotech Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 7.51% increase. The company also saw a substantial fall in profitability, with a 100.32% decrease in profit. The company's net worth dipped by a decrease of 2.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sterling Biotech?
In 2024, Sterling Biotech 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)
Zydus Vtec LimitedVishal Gor and Keyur Parekh are mutual person
Visit Health Private LimitedAlok Garg is a mutual person
Zydus Strategic Investments LimitedVishal Gor is a mutual person
Evolutionx Debt Capital Advisors India Private LimitedAftab Mathur is a mutual person
- Lm Manufacturing India Private Limited
Vishal Gor is a mutual person
- Zydus Medtech Private Limited
Keyur Parekh is a mutual person
Charges (Loans)
Open Charges
₹36.90 Cr
Satisfied Charges
₹21,758.44 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 22.50 Cr
- Hdfc Bank Limited : 14.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2023 | State Bank Of India | ₹22.50 Cr | Open |
| 19 Oct 2023 | Hdfc Bank Limited | ₹14.40 Cr | Open |
| 03 Oct 2023 | Others | ₹24.00 Cr | Satisfied |
| 06 Mar 2017 | Sbicap Trustee Company Limited | ₹5,205.18 Cr | Satisfied |
| 19 Jan 2017 | Sbicap Trustee Company Limited | ₹5,205.18 Cr | Satisfied |
How Many Employees Work at Sterling Biotech?
Sterling Biotech has a workforce of 249 employees as of Mar 27, 2025. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sterling Biotech, 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 Biotech'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 Biotech
Recent activity within the organization
- Charges
A charge registered on 03 Oct 2023 via Charge ID 100802004 with Others was fully satisfied on 21 Dec 2024.
- Annual General Meeting
Sterling Biotech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Aftab Mathur was appointed as a Nominee Director was appointed as a Nominee Director on 29 Aug 2024 & has been associated with this company since 7 months 26 days .
- Director Appointment
Vishal Jyotindra Gor was appointed as a Nominee Director was appointed as a Nominee Director on 29 Aug 2024 & has been associated with this company since 7 months 26 days .
- Director Appointment
Keyur Anilkumar Parekh was appointed as a Nominee Director was appointed as a Nominee Director on 29 Aug 2024 & has been associated with this company since 7 months 26 days .
- Director Appointment
Alok Kumar Garg was appointed as a Nominee Director was appointed as a Nominee Director on 29 Aug 2024 & has been associated with this company since 7 months 26 days .
Recent News, Updates & Announcement
- Sterling Biotech Promoters Granted Opportunity to Reclaim Company by Paying Debt in Full, NCLAT Ruling Sets Precedent for Insolvent Companies.
Sterling Biotech, a debt-ridden company, can now be taken back by its promoters if they pay the full amount owed to lenders. This ruling may set a precedent for other companies in insolvency. The NCLAT has allowed the withdrawal of a petition filed under the Insolvency and Bankruptcy Code. The promoters must pay the lenders directly, not through the company's assets. The Sterling group owes a total of Rs 15,000 crore to creditors. The promoters are currently absconding and facing investigations..
Frequently asked questions
What is the Incorporation or founding date of Sterling Biotech Limited?
Sterling Biotech Limited was incorporated on 23 Mar 1985.
What is authorized share capital and paid-up capital of Sterling Biotech Limited?
The authorized share capital of Sterling Biotech Limited is ₹ 2,800.00 Cr and paid-up capital is ₹ 643.35 Cr.
Who are the current board members & directors of Sterling Biotech Limited?
Currently 6 directors are associated with Sterling Biotech Limited.
- Aftab Mathur
- Vishal Jyotindra Gor
- Keyur Anilkumar Parekh
- Alok Kumar Garg
- Devesh Choudhari
- Heenaben Devjibhai Pankhania
What is the registered address of Sterling Biotech Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Biotech Limited is Office No. 601 Windfall Building Sahar Plaza Complex Near Hotel Kohinoor, (Andheri East) India, Mumbai, Maharashtra, 400059.
What is the corporate identification number (CIN) and company number of Sterling Biotech Limited?
The corporate identification number (CIN) of Sterling Biotech Limited is L51900MH1985PLC035738 and the company number is 035738 as per Ministry of Corporate Affairs (MCA).
Is Sterling Biotech Limited registered with any stock exchange in India?
Yes, Sterling Biotech Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Sterling Biotech Limited?
The Official website of Sterling Biotech Limited is https://www.sterlingbiotech.in
What has been the recent revenue trend for Sterling Biotech Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Sterling Biotech Limited has risen by 7.51%.
How many employees does Sterling Biotech Limited currently have?
As Per 2024 financial reports, 249 employees are currently employed by Sterling Biotech Limited.
What change has been observed in the net worth of Sterling Biotech Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Sterling Biotech Limited has experienced an downturn of -2.14%.
What are the total open charges for Sterling Biotech Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Sterling Biotech Limited amount to ₹ 36.90 Cr.
When was the last Balance Sheet of Sterling Biotech Limited filed with the ROC?
The most recent Balance Sheet for Sterling Biotech Limited was filed with the ROC on 31 Mar 2024.
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