About Sterling Urban Developments Private Limited
Data last updated: 22 December 2025
Sterling Urban Developments Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Sterling Developers Private Limited. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 12 June 2002, the company has been in operation for over 24 years.
Registered with ROC Bangalore under CIN U07010KA2002PTC030626.
Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹23.98 Cr. It is led by directors including Gowri Shankar Sastri and Venkat Ramani Sastri.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Prestige Nebula Level 5 No.8 Cubbon Road Opp. Income Tax Office Building, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.93 Cr, a decline of 69% compared to the previous year.
It operates as a subsidiary of Sterling Developers Private Limited.
The company is associated with 1 brand - Sterling Developers. As per MCA filings, the company has open charges of ₹30 Lakh and satisfied charges of ₹430 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sterlingdevelopers.com.
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Email*****@*****.com
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Telephone**************
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Website
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Social Media
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Registered AddressPrestige Nebula Level 5 No.8 Cubbon Road Opp. Income Tax Office Building, Bangalore, Karnataka, India – 560001
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Associated Brands with Sterling Urban Developments Private Limited
Sterling Urban Developments Private Limited operates one associated brand: Sterling Developers. These brands represent Sterling Urban Developments Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Residential properties are developed in Bengaluru, India, since 1983. | sterlingdevelopers.com |
Competitors & Alternatives of Sterling Urban Developments Private Limited
Brands and companies operating in the same space as Sterling Urban Developments Private Limited include Arkade, Puravankara, Shriram Properties and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Residential properties are developed by Arkade in Mumbai, India. | Mumbai, India, India | 1984 |
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Residential and commercial properties are developed across various segments. | Bengaluru, India, India | 1975 |
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Residential properties are developed in mid-market and affordable segments. | Bengaluru, India, India | 1995 |
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Provider of real estate and infrastructure developer services | Pune, India, India | 1993 |
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Residential buildings are developed by Panchshil in Pune, India. | Pune, India, India | 2002 |
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Residential properties are developed for aspirational home ownership. | Bengaluru, India, India | 2008 |
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Residential real estate properties are developed by Alliance Infrastructure. | Chennai, India, India | 2004 |
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Developer of residential real estate projects | Bengaluru, India, India | 2009 |
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Diversified operations across multiple industries are managed by Jaypee Group. | Noida, India, India | 1958 |
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Leading real estate developer in India, offering lifestyle homes for sale. | Mumbai, India, India | 1984 |
Business Activity of Sterling Urban Developments Private Limited
Sterling Urban Developments Private Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | ********* |
Auditor Details of Sterling Urban Developments Private Limited
Sterling Urban Developments Private Limited is audited by B S VENKATACHALAPATHY & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S VENKATACHALAPATHY & CO | blur-value | blur-value | blur-value |
Board of Directors of Sterling Urban Developments Private Limited
Sterling Urban Developments Private Limited is currently managed by 4 directors, with 6 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 |
|---|---|---|---|---|
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Gowri Shankar Sastri
Also directs:
Sterling Urban Condominiums Private Limited, Sterling Gated Community Private Limited, L.D.C. Holdings Private Limited and 4 more
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Whole-Time Director | 10 Oct 2006 | 19 Years 9 Months | Current |
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Venkat Ramani Sastri
Also directs:
Sterling Urban Condominiums Private Limited, Sterling Gated Community Private Limited, L.D.C. Holdings Private Limited and 5 more
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Director | 12 Jun 2002 | 24 Years 0 Months | Current |
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Naresh Manohar Nadkarni
Also directs:
Nilefin Advisors Private Limited
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Director | 12 Dec 2005 | 20 Years 6 Months | Current |
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Srinivasarao Nagabhushana Rao Nagendra
Also directs:
Prestige Sterling Infraprojects Private Limited, Four Bricks Infra-Ventures Llp, Prestige Estates Projects Limited and 5 more
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Director | 12 Dec 2005 | 20 Years 6 Months | Current |
Financials of Sterling Urban Developments Private Limited FY 2025 filings available
Sterling Urban Developments Private Limited reported revenue of ₹83.93 Cr (down 69% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
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| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
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| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
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| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
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| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
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| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
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| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
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| Current Investments | ***** | ***** | ***** | ***** | ***** |
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| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
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| Total Assets | ***** | ***** | ***** | ***** | ***** |
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
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| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
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| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
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| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
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| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
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| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
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| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
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| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
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| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
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| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
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| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Sterling Urban Developments Private Limited
As of FY 2023, Sterling Urban Developments Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Sterling Urban Developments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2023 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 07 Nov 2014 | Housing Development Finance Corporation Limited | ₹30 Cr | Satisfied |
| 21 Mar 2014 | Others | ₹180 Cr | Satisfied |
| 30 Mar 2013 | Housing Development Finance Corporation Limited | ₹30 Cr | Satisfied |
| 15 Jun 2010 | Housing Development Finance Corporation Limited | ₹80 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Sterling Urban Developments Private Limited
View historical data on people associated with Sterling Urban Developments Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Sterling Urban Developments Private Limited
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GST Compliance of Sterling Urban Developments Private Limited
GSTIN & GST Filing Data of Sterling Urban Developments Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Sterling Urban Developments Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Sterling Urban Developments Private Limited
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MSME Payment Delays by Sterling Urban Developments Private Limited
MSME Payment Delays by Sterling Urban Developments Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Sterling Urban Developments Private Limited
Subsidiaries & Group Companies of Sterling Urban Developments Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Sterling Urban Developments Private Limited with ownership details.
MCA Filings & Documents of Sterling Urban Developments Private Limited
MCA Filings & Documents of Sterling Urban Developments Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Sterling Urban Developments Private Limited
Recent News on Sterling Urban Developments Private Limited
Frequently Asked Questions about Sterling Urban Developments Private Limited
Sterling Urban Developments Private Limited is an active private limited company in the real estate and construction sector based in Bangalore, Karnataka, India. It was incorporated on 12 June 2002 (24+ years old) and is registered under CIN U07010KA2002PTC030626.
Sterling Urban Developments Private Limited reported revenue of ₹83.93 Cr for FY 2025 (down 69.00% YoY).
The current directors of Sterling Urban Developments Private Limited are:
The primary industry of Sterling Urban Developments Private Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Sterling Urban Developments Private Limited can be reached at the registered office: Prestige Nebula Level 5 No.8 Cubbon Road Opp. Income Tax Office Building, Bangalore, Karnataka, India – 560001, or through the website sterlingdevelopers.com.
The authorised capital is ₹30 Cr, and the paid-up capital is ₹23.98 Cr.