About Sterling Developers Private Limited
Data last updated: 20 December 2025
Sterling Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 18 March 1987, the company has been in operation for over 39 years.
Registered with ROC Bangalore under CIN U70102KA1987PTC008245.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹5.39 Lakh. It is led by directors including Gowri Shankar Sastri and Venkat Ramani Sastri.
Last AGM: 15 November 2024. Financial statements filed for year ended 31 March 2024. Office: Prestige Nebula Level 5 No.8 Cubbon Road Opp. Income Tax Office Building, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹172.63 Cr, a decline of 49% compared to the previous year.
The company has a workforce of approximately 55 employees as per the latest available data. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand - Sterling Developers. As per MCA filings, the company has open charges of ₹15 Lakh and satisfied charges of ₹646 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sterlingdevelopers.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressPrestige Nebula Level 5 No.8 Cubbon Road Opp. Income Tax Office Building, Bangalore, Karnataka, India – 560001
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Sterling Developers Private Limited
Sterling Developers Private Limited operates one associated brand: Sterling Developers. These brands represent Sterling Developers Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Residential properties are developed in Bengaluru, India, since 1983. | sterlingdevelopers.com |
Competitors & Alternatives of Sterling Developers Private Limited
Brands and companies operating in the same space as Sterling Developers Private Limited include Arkade, Puravankara, Shriram Properties and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Arkade
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Residential properties are developed by Arkade in Mumbai, India. | Mumbai, India, India | 1984 |
Puravankara
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Residential and commercial properties are developed across various segments. | Bengaluru, India, India | 1975 |
Shriram Properties
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Residential properties are developed in mid-market and affordable segments. | Bengaluru, India, India | 1995 |
Rohan Builders
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Provider of real estate and infrastructure developer services | Pune, India, India | 1993 |
Panchshil
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Residential buildings are developed by Panchshil in Pune, India. | Pune, India, India | 2002 |
Provident Housing
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Residential properties are developed for aspirational home ownership. | Bengaluru, India, India | 2008 |
Alliance Infrastructure
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Residential real estate properties are developed by Alliance Infrastructure. | Chennai, India, India | 2004 |
VBHC
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Developer of residential real estate projects | Bengaluru, India, India | 2009 |
Jaypee Group
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Diversified operations across multiple industries are managed by Jaypee Group. | Noida, India, India | 1958 |
Tata Housing
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Leading real estate developer in India, offering lifestyle homes for sale. | Mumbai, India, India | 1984 |
Business Activity of Sterling Developers Private Limited
Sterling Developers Private Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | ********* |
Auditor Details of Sterling Developers Private Limited
Sterling Developers Private Limited is audited by B S VENKATACHALAPATHY & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S VENKATACHALAPATHY & CO. | blur-value | blur-value | blur-value |
Board of Directors of Sterling Developers Private Limited
Sterling Developers Private Limited is currently managed by 4 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gowri Shankar Sastri | Managing Director | 18 Mar 1987 | 39 Years 3 Months | Current |
| Venkat Ramani Sastri | Managing Director | 18 Mar 1987 | 39 Years 3 Months | Current |
|
Shweta Ramani Sastri
Also directs:
Sterling Gated Community Private Limited, Sterling Habitats Private Limited, Sterling Urban Ventures Private Limited and 1 more
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Director | 02 Apr 2007 | 19 Years 3 Months | Current |
| Anjana Ramani Sastri | Director | 05 Oct 2020 | 5 Years 9 Months | Current |
Financials of Sterling Developers Private Limited FY 2024 filings available
Sterling Developers Private Limited reported revenue of ₹172.63 Cr (down 49% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Sterling Developers Private Limited
As of FY 2023, Sterling Developers Private Limited's shareholding pattern shows 99.63% by promoters, 0.37% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Sterling Developers Private Limited
Sterling Developers Private Limited has 4 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Sterling Developers Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Sterling Urban Developments Private Limited | U07010KA2002PTC030626 |
**.**%
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| Sterling Gated Community Private Limited | U45201KA2007PTC042693 |
**.**%
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| Sterling Habitats Private Limited | U70100KA2015PTC080678 |
**.**%
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| Sterling Urban Ventures Private Limited | U70102KA2016PTC086159 |
**.**%
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Showing major subsidiaries. Total: 4.
Charges & Borrowings of Sterling Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2023 | Hdfc Bank Limited | ₹15 Lakh | Open |
| 09 Dec 2020 | Others | ₹75 Cr | Satisfied |
| 07 Oct 2019 | Others | ₹91 Cr | Satisfied |
| 07 Oct 2019 | Others | ₹101 Cr | Satisfied |
| 19 Feb 2018 | Others | ₹80 Cr | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Sterling Developers Private Limited
Sterling Developers Private Limited has a workforce of 55 employees as of Apr 09, 2024.
Employee Count & EPFO Data of Sterling Developers Private Limited
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GST Compliance of Sterling Developers Private Limited
GSTIN & GST Filing Data of Sterling Developers Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Sterling Developers Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Sterling Developers Private Limited
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MSME Payment Delays by Sterling Developers Private Limited
MSME Payment Delays by Sterling Developers Private Limited
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Subsidiaries & Group Companies of Sterling Developers Private Limited
Subsidiaries & Group Companies of Sterling Developers Private Limited
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MCA Filings & Documents of Sterling Developers Private Limited
MCA Filings & Documents of Sterling Developers Private Limited
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Recent Activity on Sterling Developers Private Limited
Recent News on Sterling Developers Private Limited
Frequently Asked Questions about Sterling Developers Private Limited
Sterling Developers Private Limited is an active private limited company in the real estate and construction sector based in Bangalore, Karnataka, India. It was incorporated on 18 March 1987 (39+ years old) and is registered under CIN U70102KA1987PTC008245. The company has 55 employees.
Sterling Developers Private Limited reported revenue of ₹172.63 Cr for FY 2025 (down 49.00% YoY).
The current directors of Sterling Developers Private Limited are:
The primary industry of Sterling Developers Private Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Sterling Developers Private Limited can be reached at the registered office: Prestige Nebula Level 5 No.8 Cubbon Road Opp. Income Tax Office Building, Bangalore, Karnataka, India – 560001, or through the website sterlingdevelopers.com.
The authorised capital is ₹5 Cr, and the paid-up capital is ₹5.39 Lakh.