Sterling Oil Resources Limited
About Sterling Oil Resources Limited
Data last updated: 25 July 2025
Sterling Oil Resources Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in oil and gas exploration and production, a part of the broader energy and power sector. Incorporated on 10 July 2006, the company has been in operation for over 20 years.
Registered with ROC Mumbai under CIN U23209MH2006PLC163026.
Capital: an authorised share capital of ₹150 Cr and a paid-up capital of ₹146.01 Cr. Formerly known as Sterling Oil Resources Private Limited and Sterling Oil Management Pvt Ltd. It is led by directors including Sanjay Gupta and Nitin Jayantilal Sandesara.
Last AGM: 28 September 2016. Financial statements filed for year ended 31 March 2016. Office: 329 Sandesara House Jawahar Nagar Goregaon (West), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2015, the company reported a revenue of ₹404.36 Cr, a growth of 62% compared to the previous year.
As per MCA filings, the company has open charges of ₹1,783.04 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments.
-
EmailLocked
-
TelephoneLocked
-
WebsiteLocked
-
Social MediaLocked
-
Registered Address329 Sandesara House Jawahar Nagar Goregaon (West), Mumbai, Maharashtra, India – 400062
-
IndustryEnergy and Power, Oil & Gas Exploration & Production
- 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
Name History of Sterling Oil Resources Limited
Sterling Oil Resources Limited has undergone 2 name changes throughout its history. The company was previously known as Sterling Oil Resources Private Limited, and Sterling Oil Management Pvt Ltd. The current legal name is Sterling Oil Resources Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Sterling Oil Resources Limited | Current |
| Sterling Oil Resources Private Limited | Previous |
| Sterling Oil Management Pvt Ltd | Previous |
CIN History of Sterling Oil Resources Limited
Sterling Oil Resources Limited has one previous CIN (Corporate Identification Number): U23209MH2006PTC163026. The current CIN is U23209MH2006PLC163026, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23209MH2006PLC163026 | Current |
| U23209MH2006PTC163026 | Previous |
Business Activity of Sterling Oil Resources Limited
Sterling Oil Resources Limited is engaged in the principal business activity of mining and quarrying, with detailed activities including extraction of crude petroleum & natural gas.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B2 | Extraction of Crude Petroleum & Natural gas | Locked |
Business activity turnover details for Sterling Oil Resources Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Sterling Oil Resources Limited
Sterling Oil Resources Limited is audited by H S HATHI & CO for the financial year 2015. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H S HATHI & CO | Locked | Locked | Locked |
Complete auditor history for Sterling Oil Resources Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sterling Oil Resources Limited
Sterling Oil Resources Limited is currently managed by 6 directors, with 8 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 |
|---|---|---|---|---|
|
Sanjay Gupta
Also directs:
Primus Insolvency Resolution & Valuation Private Limited
|
Irp/Rp/Liquidator | 10 Nov 2023 | 2 Years 9 Months | As last reported |
|
Nitin Jayantilal Sandesara
Also directs:
Sterling Port Limited, Sealord Erections Private Limited
|
Director | 01 Nov 2007 | 18 Years 9 Months | As last reported |
| Mayuriben Hiteshbhai Patel | Director | 20 Mar 2015 | 11 Years 4 Months | As last reported |
|
Chetan Jayantilal Sandesara
Also directs:
Charismatic Trading Llp, Maa Infrastructure Company Limited, Sterling Port Limited and 5 more
|
Director | 01 Nov 2007 | 18 Years 9 Months | As last reported |
| Hiteshkumar Narendrabhai Patel | Director | 20 Mar 2015 | 11 Years 4 Months | As last reported |
|
Dipti Chetan Sandesara
Also directs:
Charismatic Trading Llp, Maa Infrastructure Company Limited, Ensa Exports Industries Limited and 1 more
|
Director | 01 Nov 2007 | 18 Years 9 Months | As last reported |
Financials of Sterling Oil Resources Limited FY 2016 filings available
Sterling Oil Resources Limited reported revenue of ₹404.36 Cr (up 62.00% YoY) for FY 2015.
Ten-year financial statements for Sterling Oil Resources Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sterling Oil Resources Limited
Shareholding and ownership data for Sterling Oil Resources Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sterling Oil Resources Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2012 | Bank of Baroda | ₹360.04 Cr | Open |
| 06 Apr 2012 | Allahabad Bank | ₹48 Cr | Open |
| 18 Dec 2009 | Axis Bank Limited | ₹1,375 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Sterling Oil Resources Limited
View historical data on people associated with Sterling Oil Resources Limited, including employment history and EPFO contributions.
Employee and EPFO history for Sterling Oil Resources Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Sterling Oil Resources Limited
GST registrations and filing compliance for Sterling Oil Resources Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Sterling Oil Resources Limited
Credit ratings, litigation, and regulatory alerts for Sterling Oil Resources Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sterling Oil Resources Limited
MSME payment history for Sterling Oil Resources Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sterling Oil Resources Limited
Corporate group structure for Sterling Oil Resources Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sterling Oil Resources Limited
MCA filings and documents for Sterling Oil Resources Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Sterling Oil Resources Limited
Frequently Asked Questions about Sterling Oil Resources Limited
Sterling Oil Resources Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sterling Oil Resources Limited is a company under insolvency, formerly operating as a public limited company in the energy and power sector based in Mumbai, Maharashtra, India. It was incorporated on 10 July 2006 and is registered under CIN U23209MH2006PLC163026. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sterling Oil Resources Limited reported revenue of ₹404.36 Cr for FY 2015 (up 62.00% YoY).
The current directors of Sterling Oil Resources Limited are:
- Sanjay Gupta - Irp/Rp/Liquidator
- Nitin Jayantilal Sandesara - Director
- Mayuriben Hiteshbhai Patel - Director
- Chetan Jayantilal Sandesara - Director
- Hiteshkumar Narendrabhai Patel - Director
- Dipti Chetan Sandesara - Director
The CIN (Corporate Identification Number) of Sterling Oil Resources Limited is U23209MH2006PLC163026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling Oil Resources Limited has open charges of ₹1,783.04 Cr and no satisfied charges on record as per latest MCA filings.