About
Basic Data Updated:
11 days agoSterling Biotech Limited is a company that is involved in the production of API (Active Pharmaceutical Ingredients). The manufacturing of fermentation API and oncology products is the main focus of SBL. Additionally, the company is responsible for the production of gelatin, coenzyme Q10, and di-calcium phosphate. The products manufactured by the company are exported to various countries such as the US, Europe, Asia, and Japan. One of the notable products of the company is co-enzyme Q10, which is widely used in the treatment of heart-related ailments, thyroid issues, Alzheimer's disease, Parkinson's disease, AIDS, cancer, dental problems, and skin diseases. The manufacturing facility of the company is located in Masar, Gujarat.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | 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 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Mumbai |
Financials of Sterling Biotech Limited
Sterling Biotech Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 24.01% decrease. The company also saw a substantial improvement in profitability, with a 12% increase in profit. The company's net worth observed a substantial decline by a decrease of 47.09%.
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Corporate Structure
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People in Sterling Biotech Limited
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Executive Team (2)
HP
Heenaben Pankhania Company SecretaryAppointment Date: 18-Jul-2023
Status: Current
PM
Philip Mundanilkunnathil
Managing DirectorAppointment Date: 15-Jun-2023
Status: Current
Board Members(3)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 28 Nov 2023 | ₹22.50 Cr | Open |
Hdfc Bank Limited Creation Date: 19 Oct 2023 | ₹14.40 Cr | Open |
Others Creation Date: 03 Oct 2023 | ₹24.00 Cr | Open |
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
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Alert
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Related Corporates (Common Directorship)
Perfect Day India Private Limited
Active
4 years 5 months Narayan Mahadeva and Perumal Gandhi are mutual person
Recent activity within the organization
Charges
A charge with State Bank Of India of Rs. 22.50 cr registered on 28 Nov 2023 with Charge ID 100821949 was modified on 20 Mar 2024.
20 Mar 2024Charges
A charge with Others of Rs. 24.00 cr registered on 03 Oct 2023 with Charge ID 100802004 was modified on 11 Mar 2024.
11 Mar 2024Charges
A charge with State Bank Of India amounted to Rs. 22.50 cr with Charge ID 100821949 was registered on 28 Nov 2023.
28 Nov 2023Charges
A charge registered on 06 Mar 2017 via Charge ID 100087911 with Sbicap Trustee Company Limited was fully satisfied on 17 Nov 2023.
17 Nov 2023Charges
A charge registered on 19 Jan 2017 via Charge ID 100078297 with Sbicap Trustee Company Limited was fully satisfied on 17 Nov 2023.
17 Nov 2023
Recent News, Updates & Announcement
NCLT rebukes Sterling Biotech resolution professional demands explanation.Business Standard 15 Apr 2019
- ED Targets Sterling Biotech Owners for Rs 8100Crore Bank Fraud Under New Fugitive Economic Offenders Law.
ED wants to declare Sterling Biotech owners as fugitives for Rs 8100crore bank fraud New law new drama FugitiveEconomicOffenders BankFraud Gujarat ED.
Zee News 26 Oct 2018
- NCLT admits insolvency plea against Sterling Biotech.
Senior officials from banking circles said that Andhra Bank which is the lead bank in this case has called a meeting of lenders on Tuesday to discuss the loan account and ways to resolve it.
Economic Times 12 Jun 2018
- One of EDs biggest attachment of assets under PMLA Rs 4701 cr assets of Sterling Biotech attached for bank fraud.
Financial Express 01 Jun 2018
- Andhra Bank files insolvency proceedings against Sterling Biotech Mint.
Shyam Kapadia representing the joint lender forum led by Andhra Bank says Sterling Biotech is still running and hence they have decided to go ahead with the insolvency proceedings.
mint 12 May 2018
Frequently asked questions
What is the Incorporation or founding date of Sterling Biotech Limited?
