Sterling Port Limited
About Sterling Port Limited
Data last updated:
Sterling Port Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Sterling Biotech Limited. It operates in the port infrastructure and development segment of the infrastructure and utilities sector. It was incorporated on 29 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2006PLC165003. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹179.63 Cr. It was formerly known as Sterling Port Private Limited. It is led by directors including Nitin Jayantilal Sandesara and Mayuriben Hiteshbhai Patel.
Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 43 Atlanta Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2016, the company reported a revenue of ₹35,869. For the same year it recorded a net loss of ₹1.47 Lakh (net margin -410.2%) and EBITDA of ₹30,251 (EBITDA margin 84.3%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,922.06 Cr on record. Court records list 85 cases involving the company, including 17 filed by the company and 68 filed against it; 27 cases are pending. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹2,524.75 Cr; the latest was in November 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Sterling Port has one previous CIN (Corporate Identification Number): U93090MH2006PTC165003. The current CIN is U93090MH2006PLC165003, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93090MH2006PLC165003 | Current |
| U93090MH2006PTC165003 | Previous |
Contact details
Sterling Port Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address43 Atlanta Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryInfrastructure and Utilities, Port Infrastructure & Development
To see the full contact details of Sterling Port 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 Port is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
Financials of Sterling Port Limited
FY 2016 filings availableSterling Port Limited reported revenue of ₹35,869 for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹35,869 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹30,251 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.47 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 84.3% | |
| Net Profit Margin | -410.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| 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 Port Limited, buy the company report.
Board of directors of Sterling Port Limited
Sterling Port has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Jayantilal Sandesara Also directs: Sealord Erections Private Limited | Director | 29 Sep 2006 | 20 Years 1 Months | Current |
| Vilas Dattatray Joshi | Additional Director | 29 Jan 2015 | 11 Years 9 Months | Current |
| Mayuriben Hiteshbhai Patel | Director | 11 Feb 2015 | 11 Years 8 Months | Current |
| Chetan Jayantilal Sandesara Also directs: Charismatic Trading LLP, Sterling Gelatin Limited, Maa Infrastructure Company Limited and 4 more | Director | 29 Sep 2006 | 20 Years 1 Months | Current |
Auditor
Sterling Port Limited is audited by H S HATHI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H S HATHI & CO | FY 2016 | 103596W |
Shareholding
The shareholding of Sterling Port Limited is on record for 3 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sterling Port Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2017 | 100083084 | Sbicap Trustee Company Limited | ₹167.06 Cr | Open | |
| 04 Jul 2015 | 10578036 | Srei Infrastructure Finance Limited | ₹275 Cr | Open | |
| 20 Jun 2012 | 10367146 | Uco Bank | ₹250 Cr | Open | |
| 21 Apr 2012 | 10356767 | State Bank of India | ₹320 Cr | Open | |
| 15 Dec 2011 | 10328956 | Srei Infrastructure Finance Limited | ₹100 Cr | Open |
Total charge records: 10 View all charges
Deals & funding
Sterling Port Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹2,524.75 Cr; the latest was in November 2016.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Funding round | ₹16.26 Cr | Investors: Niche Investment Holdings Private Limited |
| Jul 2015 | Funding round | ₹278.6 Cr | Investors: Niche Investment Holdings Private Limited, Ncy Equity Growth Investment |
| Apr 2014 | Funding round | ₹2,129.95 Cr | Investors: Ncy Equity Growth Investment, Niche Investment Holdings Private Limited, Prabal Investrade Private Limited |
| Jul 2013 | Funding round | ₹98.64 Cr | Investors: Sterling Biotech Limited |
| Feb 2009 | Funding round | ₹1.31 Cr | Investors: Sterling Biotech Limited , Doral Trading Private Limited , Blue-Mark Mercantile Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sterling Port Limited has 85 court cases on record: 17 filed by Sterling Port, 68 filed against it. 27 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 78 | 62 | 27 |
| High courts | 6 | 5 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Infrastructure Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S. Srei Equipment Finance Ltd. | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Srei Infrastructure Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Infrastructure Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Srei Equipment Finance Pvt. Ltd. | Disposed |
To see the full case history of Sterling Port 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.
Credit ratings & regulatory alerts
Sterling Port Limited was last rated by Care on 29 Dec 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Dec 2025 |
To see the full credit ratings and regulatory alerts of Sterling Port Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sterling Port Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sterling Port Limited has a workforce of 2 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Sterling Port has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sterling Port Limited, buy the company report.
Recent activity
Sterling Port Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Vilas Dattatray Joshi ceased to be Additional Director on 28 Sep 2017.
8 earlier events are in the company report.
Frequently asked questions
Sterling Port is an active public limited company based in Mumbai, Maharashtra, India. The company works in port infrastructure and development, within the infrastructure and utilities industry. It was incorporated on 29 September 2006 (20+ years old) and is registered under CIN U93090MH2006PLC165003.
Sterling Port has 4 current directors:
- Nitin Jayantilal Sandesara - Director
- Vilas Dattatray Joshi - Additional Director
- Mayuriben Hiteshbhai Patel - Director
- Chetan Jayantilal Sandesara - Director
The latest financial statements of Sterling Port on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 September 2016. Year-wise statements from 2015 are in the company report.
No. Sterling Port has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sterling Port is U93090MH2006PLC165003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling Port has 85 court cases on record: 17 filed by the company and 68 filed against it. 27 are pending. Most are in the district courts.
Sterling Port was incorporated on 29 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Sterling Port has 5 deals on record (5 funding rounds), with disclosed funding of ₹2,524.75 Cr; the latest was in November 2016.
Vilas Dattatray Joshi ceased to be Additional Director on 28 Sep 2017. Mayuriben Hiteshbhai Patel ceased to be Additional Director on 31 Dec 2015. Narendrabhai Bulakhidas Patel ceased to be Director on 18 Feb 2015. Sterling Port has 7 board changes on record in total.
The registered office of Sterling Port is at 43 Atlanta Nariman Point, Mumbai, Maharashtra, India – 400021.
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