About Sterling Meta-Plast India Private Limited
Data last updated:
Sterling Meta-Plast India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 11 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1994PTC079559. Its GSTIN is 27AAKCS2764C1ZB (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.16 Lakh. It is led by directors including Ketan Lalchand Parikh (Whole-Time Director) and Rajesh Lalchand Parikh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E/3 Hiral Mansionbhangwadi Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹143.08 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹10.06 Cr (net margin 7%) and EBITDA of ₹16.32 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹1.9 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹30 Cr; the latest was in September 2014. Its 3 peer companies in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Porcelain Crafts & Components Exim Pvt Ltd with revenue of ₹161.45 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sterlingoptics.com.
Company details
Contact details
Sterling Meta-Plast India Private Limited's registered office is in Mumbai, Maharashtra. Its website is sterlingoptics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE/3 Hiral Mansionbhangwadi Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Sterling Meta-Plast India 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 Meta-Plast India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sterling Meta-Plast India Private Limited, buy the company report.
Financials of Sterling Meta-Plast India Private Limited
FY 2025 filings availableSterling Meta-Plast India Private Limited reported revenue of ₹143.08 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 2% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.32 Cr | ||||
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| Net Profit (PAT) | ₹10.06 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 7% | ||||
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To see the full financial statements and ratios of Sterling Meta-Plast India Private Limited, buy the company report.
Board of directors of Sterling Meta-Plast India Private Limited
Sterling Meta-Plast India has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kong Fan Yim | Nominee Director | 01 Oct 2013 | 13 Years 1 Months | Current |
| Ketan Lalchand Parikh | Whole-Time Director | 11 Jul 1994 | 32 Years 3 Months | Current |
| Rajesh Lalchand Parikh | Whole-Time Director | 11 Jul 1994 | 32 Years 3 Months | Current |
| Amit Lalchand Parikh | Whole-Time Director | 11 Jul 1994 | 32 Years 3 Months | Current |
| Matteo Gaeta | Nominee Director | 20 May 2019 | 7 Years 5 Months | Current |
| Thomas Artur Burkhardt | Nominee Director | 16 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Sterling Meta-Plast India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Porcelain Crafts & Components Exim Pvt Ltd | ₹161.45 Cr (FY 2024) | -18.0% | Kolkata, West Bengal, India | |||
| Sterling Meta-Plast India Private Limitedthis company | ₹143.08 Cr (FY 2025) | ₹10.06 Cr | 7% | 2.0% | 55 | Mumbai, Maharashtra, India |
| Klove Studio Shoes and Accessories Private Limited | ₹139.42 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Kering Eyewear India Private Limited | ₹136.93 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sterling Meta-Plast India Private Limited, buy the company report.
Auditor
Sterling Meta-Plast India Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Sterling Meta-Plast India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sterling Meta-Plast India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2022 | 100573496 | Others | ₹1.75 Cr | Open | |
| 04 Dec 2008 | 10136288 | Abn Amro Bank N. V. | ₹1.85 Cr | Satisfied | |
| 10 May 1997 | 90156582 | Dena Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Sterling Meta-Plast India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Sterling Meta-Plast India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹30 Cr; the latest was in September 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Marchon Mauritius Limited Seller: 4 individuals |
| Oct 2013 | Funding round | ₹30 Cr | Investors: Marchon Mauritius Limited |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sterling Meta-Plast India Private Limited has 3 court cases on record: 1 filed by Sterling Meta-Plast India, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Supreme Court | Court case (0428-Indirect Taxes Matters : Others) | Filed against the company by Commissioner of Customs(Airport and Administration) Commissioner of Customs(Airport and Administration) 15/1, Strand Road, Custom House ,Kolkata , West Bengal | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and 3 Ors. | Disposed |
To see the full case history of Sterling Meta-Plast India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sterling Meta-Plast India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sterling Meta-Plast India Private Limited has a workforce of 55 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Sterling Meta-Plast India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS2764C1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sterling Meta-Plast India Private Limited, buy the company report.
Recent activity
Sterling Meta-Plast India Private Limited has 23 board changes on record since 1994: 15 appointments and 8 cessations. The latest: Ian Ravindra Singh was appointed as Nominee Director on 22 Sep 2025.
20 earlier events are in the company report.
Frequently asked questions
Sterling Meta-Plast India is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 11 July 1994 (32+ years old) and is registered under CIN U25209MH1994PTC079559.
Sterling Meta-Plast India has 7 current directors:
- Ketan Lalchand Parikh - Whole-Time Director
- Rajesh Lalchand Parikh - Whole-Time Director
- Amit Lalchand Parikh - Whole-Time Director
- Kong Fan Yim - Nominee Director
- Matteo Gaeta - Nominee Director
- Thomas Artur Burkhardt - Nominee Director
- Ian Ravindra Singh - Nominee Director
The latest financial statements of Sterling Meta-Plast India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sterling Meta-Plast India is 27AAKCS2764C1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sterling Meta-Plast India is U25209MH1994PTC079559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling Meta-Plast India has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Sterling Meta-Plast India was incorporated on 11 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Sterling Meta-Plast India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹30 Cr; the latest was in September 2014.
The peers of Sterling Meta-Plast India by revenue are Porcelain Crafts & Components Exim Pvt Ltd, Klove Studio Shoes and Accessories Private Limited, Kering Eyewear India Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Ian Ravindra Singh was appointed as Nominee Director on 22 Sep 2025. Kathleen Ann Melita ceased to be Nominee Director on 27 Jun 2025. Thomas Artur Burkhardt was appointed as Nominee Director on 16 Dec 2022. Sterling Meta-Plast India has 23 board changes on record in total.
Sterling Meta-Plast India can be reached through the website sterlingoptics.com. Its registered office is in Mumbai, Maharashtra, India.
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