About Sterling Urban Developments Private Limited
Data last updated:
Sterling Urban Developments Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Sterling Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2002PTC030626. Its GSTIN is 29AAACF9183C1ZJ (Karnataka).
The company has 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 (Whole-Time Director) and Venkat Ramani Sastri.
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 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. For the same year it recorded a net profit of ₹4.11 Cr (net margin 4.9%) and EBITDA of ₹4.24 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 88% over five years.
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. Court records list 8 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 3 deals on record (1 secondary share transfer, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹110.8 Cr; the latest was in March 2014. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Godavari Shilpkala Private Limited with revenue of ₹84.36 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 sterlingdevelopers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPrestige Nebula Level 5 No.8 Cubbon Road Opp. Income Tax Office Building, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Sterling Urban Developments Private Limited
The main business activity of Sterling Urban Developments is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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.
Compounded Annual Growth Rate (CAGR) of Sterling Urban Developments Private Limited
Revenue fell 69% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 88%. EBITDA fell 97% 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 of Sterling Urban Developments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.24 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.11 Cr | •••• | •••• | •••• | •••• |
| 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 of Sterling Urban Developments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sterling Urban Developments are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sterling Urban Developments Private Limited
Sterling Urban Developments Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Godavari Shilpkala Private Limited | ₹84.36 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Delhi, India |
| Esnp Property Builders and Developers Private Limited | ₹84.27 Cr (FY 2025) | •••• | •••• | 241.0% | •••• | Bangalore, Karnataka, India |
| Bengal Shristi Infrastructure Development Limited | ₹84.22 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Durgapur, West Bengal, India |
| Shri Aruna Constructions Private Limited | ₹84.07 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Aastha Contracts India Private Limited | ₹84.04 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Delhi, India |
| Sterling Urban Developments Private Limited this company | ₹83.93 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Bangalore, Karnataka, India |
| Lloyds Realty Developers Limited | ₹83.88 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
| Pragya Trade Hub Private Limited | ₹83.81 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| B Chopda Construction Private Limited | ₹83.76 Cr (FY 2023) | •••• | •••• | 113.0% | •••• | Mumbai, Maharashtra, India |
| SRV Automotives Private Limited | ₹83.72 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Delhi, India |
| Sonam Spark Infra Limited | ₹83.7 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Sterling Urban Developments by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
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.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S VENKATACHALAPATHY & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sterling Urban Developments Private Limited
Sterling Urban Developments has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gowri Shankar Sastri Also directs: Sterling Urban Condominiums Private Limited, Sterling Gated Community Private Limited, L.D.C. Holdings Private Limited and 4 more | Whole-Time Director | 10 Oct 2006 | 19 Years 11 Months | Current |
| Venkat Ramani Sastri Also directs: Sterling Urban Condominiums Private Limited, Sterling Gated Community Private Limited, L.D.C. Holdings Private Limited and 5 more | Director | 12 Jun 2002 | 24 Years 3 Months | Current |
| Naresh Manohar Nadkarni Also directs: Nilefin Advisors Private Limited | Director | 12 Dec 2005 | 20 Years 9 Months | Current |
| Srinivasarao Nagabhushana Rao Nagendra Also directs: Prestige Sterling Infraprojects Private Limited, Four Bricks Infra-Ventures LLP, Prestige Estates Projects Limited and 5 more | Director | 12 Dec 2005 | 20 Years 9 Months | Current |
Ownership and Shareholding of Sterling Urban Developments Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
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
Deals & Funding of Sterling Urban Developments Private Limited
Sterling Urban Developments Private Limited has 3 deals on record (1 secondary share transfer, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹110.8 Cr; the latest was in March 2014.
Deals on record (1 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Sterling Developers Private Limited Seller: Savoir Trustee Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sterling Urban Developments Private Limited
Sterling Urban Developments Private Limited has 8 court cases on record: 3 filed by Sterling Urban Developments, 2 filed against it, 3 where it is another party. 1 case is pending and 7 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 3 | 0 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Company is another party | Pending |
| High Court of Karnataka | Court case (RERA.A) | Filed by the company against Devki Nandan HUF | Disposed |
| District court, BENGALURU RURAL, Karnataka | Interim or miscellaneous application | Company is another party | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner of Income Tax | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Sterling Urban Developments Private Limited
Sterling Urban Developments operates one associated brand: Sterling Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential properties are developed in Bengaluru, India, since 1983. | sterlingdevelopers.com |
Employees and EPFO Compliance at Sterling Urban Developments Private Limited
Employment history and EPFO contributions of people linked to Sterling Urban Developments.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Sterling Urban Developments Private Limited
Recent Activity on Sterling Urban Developments Private Limited
Sterling Urban Developments Private Limited has 10 board changes on record since 2002: 4 appointments and 6 cessations. The latest: Naresh Manohar Nadkarni ceased to be Director on 14 Jan 2020.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sterling Urban Developments Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Urban Developments Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 Urban Developments Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sterling Urban Developments Private Limited
Sterling Urban Developments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF9183C1ZJ | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sterling Urban Developments Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sterling Urban Developments Private Limited
Sterling Urban Developments is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 June 2002 (24+ years old) and is registered under CIN U07010KA2002PTC030626.
Sterling Urban Developments reported revenue of ₹83.93 Cr for FY 2025 (down 69% YoY).
Sterling Urban Developments has 4 current directors:
- Gowri Shankar Sastri - Whole-Time Director
- Venkat Ramani Sastri - Director
- Naresh Manohar Nadkarni - Director
- Srinivasarao Nagabhushana Rao Nagendra - Director
Sterling Urban Developments reported a net profit of ₹4.11 Cr (net margin 4.9%) and EBITDA of ₹4.24 Cr (EBITDA margin 5.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sterling Urban Developments is 67% over three years and 88% over five years. In the latest year (FY 2025) revenue fell 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sterling Urban Developments is 29AAACF9183C1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Sterling Urban Developments is U07010KA2002PTC030626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling Urban Developments has 8 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Sterling Urban Developments was incorporated on 12 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Sterling Urban Developments has 3 deals on record (1 secondary share transfer, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹110.8 Cr; the latest was in March 2014.
The peers of Sterling Urban Developments by revenue are Godavari Shilpkala Private Limited, Esnp Property Builders and Developers Private Limited, Bengal Shristi Infrastructure Development Limited, Shri Aruna Constructions Private Limited, Aastha Contracts India Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).