Sterling Polyweaves Private Limited
About Sterling Polyweaves Private Limited
Data last updated:
Sterling Polyweaves Private Limited is a private limited company based in Palsana, Gujarat, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 18 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2012PTC071198. Its GSTIN is 27AARCS7964H1ZI (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Jitendrakumar Babubhai Mangukiya and Paresh Babubhai Mangukiya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 82 – 83 Trishul Ind Bagumara Village – Tantithaiya, Palsana, Gujarat, India – 394327.
As per the financials filed for FY 2017, the company reported a revenue of ₹23,498. For the same year it recorded a net loss of ₹11,793 (net margin -50.2%) and EBITDA of -₹30,798 (EBITDA margin -131.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sterling Polyweaves Private Limited's registered office is in Palsana, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address82 – 83 Trishul Ind Bagumara Village – Tantithaiya, Palsana, Gujarat, India – 394327
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Sterling Polyweaves 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 Polyweaves 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 Polyweaves Private Limited, buy the company report.
Financials of Sterling Polyweaves Private Limited
FY 2025 filings availableSterling Polyweaves Private Limited reported revenue of ₹23,498 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹23,498 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹30,798 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹11,793 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -131.1% | ||
| Net Profit Margin | -50.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Sterling Polyweaves Private Limited, buy the company report.
Board of directors of Sterling Polyweaves Private Limited
Sterling Polyweaves has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendrakumar Babubhai Mangukiya | Director | 29 May 2013 | 13 Years 4 Months | Current |
| Paresh Babubhai Mangukiya | Director | 29 May 2013 | 13 Years 4 Months | Current |
Auditor
Sterling Polyweaves Private Limited is audited by RADHAKRISHNANMENON for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RADHAKRISHNANMENON | FY 2017 | 049448 |
Shareholding
The shareholding of Sterling Polyweaves Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sterling Polyweaves Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sterling Polyweaves 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 Polyweaves Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sterling Polyweaves has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCS7964H1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sterling Polyweaves Private Limited, buy the company report.
Recent activity
Sterling Polyweaves Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Manish Lunkaran Goyal ceased to be Director on 24 Jul 2013.
Frequently asked questions
Sterling Polyweaves is an active private limited company based in Palsana, Gujarat, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 18 July 2012 (14+ years old) and is registered under CIN U17200GJ2012PTC071198.
Sterling Polyweaves has 2 current directors:
- Jitendrakumar Babubhai Mangukiya - Director
- Paresh Babubhai Mangukiya - Director
The latest financial statements of Sterling Polyweaves on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sterling Polyweaves is 27AARCS7964H1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sterling Polyweaves is U17200GJ2012PTC071198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling Polyweaves was incorporated on 18 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manish Lunkaran Goyal ceased to be Director on 24 Jul 2013. Shushilkumar Lunkaran Goyal ceased to be Director on 24 Jul 2013. Jitendrakumar Babubhai Mangukiya was appointed as Director on 29 May 2013. Sterling Polyweaves has 5 board changes on record in total.
The registered office of Sterling Polyweaves is at 82 – 83 Trishul Ind Bagumara Village – Tantithaiya, Palsana, Gujarat, India – 394327.
Sterling Polyweaves operates in the apparel and fashion industry, in the leather segment.
The compliance status of Sterling Polyweaves is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.