Sterling E&P Solutions Private Limited
About Sterling E&P Solutions Private Limited
Data last updated:
Sterling E&P Solutions Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 June 2015.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2015PTC083623.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Madhavkant Kulshreshth Chandanlal and Shivrambhai Shankarbhai Chaudhari.
Its last annual general meeting (AGM) was held on 25 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹21,715, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹30,310 (net margin -139.6%) and EBITDA of -₹24,605 (EBITDA margin -113.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 41% over five years.
Company details
Contact details
Sterling E&P Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1001 Sangath Diamond Nr. Balaji Residency Sabarmati Motera N, R. Balaji, Ahmedabad, Gujarat, India – 380005
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Sterling E&P Solutions 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
Business activity
The main business activity of Sterling E&P Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Sterling E&P Solutions Private Limited, buy the company report.
Financials of Sterling E&P Solutions Private Limited
FY 2021 filings availableSterling E&P Solutions Private Limited reported revenue of ₹21,715 (down 19% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 19% fall in the latest year. EBITDA fell 10% in the latest year. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹21,715 | ||||
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| EBITDA | -₹24,605 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹30,310 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -113.3% | ||||
| Net Profit Margin | -139.6% | ||||
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To see the full financial statements and ratios of Sterling E&P Solutions Private Limited, buy the company report.
Board of directors of Sterling E&P Solutions Private Limited
Sterling E&P Solutions has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhavkant Kulshreshth Chandanlal Also directs: Mforu Consultancy Services (OPC) Private Limited | Director | 22 Jun 2015 | 11 Years 4 Months | As last reported |
| Shivrambhai Shankarbhai Chaudhari Also directs: BSCC Offshore Private Limited, BSCC Oil Field Equipment Private Limited, BSCC Infrastructure Private Limited and 1 more | Director | 22 Jun 2015 | 11 Years 4 Months | As last reported |
| Ashokkumar Gajanand Gupta | Director | 22 Jun 2015 | 11 Years 4 Months | As last reported |
| Jai Lohiya Prakash | Director | 22 Jun 2015 | 11 Years 4 Months | As last reported |
Auditor
Sterling E&P Solutions Private Limited is audited by RINKESH SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RINKESH SHAH & CO | FY 2020 | 129690W |
Shareholding
The shareholding of Sterling E&P Solutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | 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 E&P Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sterling E&P Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sterling E&P Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sterling E&P Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sterling E&P Solutions Private Limited has 4 board changes on record since 2015: 4 appointments. The latest: Ashokkumar Gajanand Gupta was appointed as Director on 22 Jun 2015.
Frequently asked questions
Sterling E&P Solutions 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 E&P Solutions was a private limited company based in Ahmedabad, Gujarat, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 June 2015 and is registered under CIN U74900GJ2015PTC083623. The company has been struck off by the Registrar of Companies and is no longer operational.
Sterling E&P Solutions had 4 directors:
- Madhavkant Kulshreshth Chandanlal - Director
- Shivrambhai Shankarbhai Chaudhari - Director
- Ashokkumar Gajanand Gupta - Director
- Jai Lohiya Prakash - Director
The CIN (Corporate Identification Number) of Sterling E&P Solutions is U74900GJ2015PTC083623. 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 E&P Solutions is at 1001 Sangath Diamond Nr. Balaji Residency Sabarmati Motera N, R. Balaji, Ahmedabad, Gujarat, India – 380005.
Sterling E&P Solutions was incorporated on 22 June 2015. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Sterling E&P Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 September 2021. Year-wise statements from FY 2016 are in the company report.
Sterling E&P Solutions operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.
Ashokkumar Gajanand Gupta was appointed as Director on 22 Jun 2015. Jai Lohiya Prakash was appointed as Director on 22 Jun 2015. Madhavkant Kulshreshth Chandanlal was appointed as Director on 22 Jun 2015. Sterling E&P Solutions has 4 board changes on record in total.
The compliance status of Sterling E&P Solutions is compliant as of 09 August 2026.