Sterlotech Private Limited
About Sterlotech Private Limited
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Sterlotech Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Infibeam Avenues Limited. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 22 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63090GJ2013PTC074135. Its GSTIN is 24AADCI2033F1Z6 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹37.51 Cr and a paid-up capital of ₹37.51 Cr. It is led by directors Sudhir Jagdishchandra Trivedi and Vishal Ajitbhai Mehta.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹96,000, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹42.4 Lakh and EBITDA of -₹4.46 Lakh (EBITDA margin -464.6%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 78% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 2 brands: Shipdroid and Infibeam Avenues. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 8 deals on record (4 secondary share transfers, 2 acquisitions, 1 rights issue), with disclosed funding of ₹15 Cr; the latest was in October 2020. Its 5 peer companies in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities) are compared by revenue, 3 larger and 2 smaller; the largest is Mshipper India Private Limited with revenue of ₹1.06 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sterlotech Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address909 9th Floor Shitiratna Complex Near Panchwati Circle Off C.G. Road El, Lisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Sterlotech 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
Brands
Sterlotech operates two associated brands: Shipdroid and Infibeam Avenues. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital payment solutions and enterprise software platforms are provided. | ia.ooo | |
| Serves as a logistics aggregation platform for e-commerce merchants. | shipdroid.com |
Business activity
The main business activity of Sterlotech is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
Financials of Sterlotech Private Limited
FY 2025 filings availableSterlotech Private Limited reported revenue of ₹96,000 (down 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over five years, including a 80% fall in the latest year. EBITDA rose 12% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹4.46 Lakh | ||||
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| Net Profit (PAT) | -₹42.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -464.6% | ||||
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To see the full financial statements and ratios of Sterlotech Private Limited, buy the company report.
Board of directors of Sterlotech Private Limited
Sterlotech 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 |
|---|---|---|---|---|
| Sudhir Jagdishchandra Trivedi Also directs: Infinium Financial Services Limited, Infi M and M Developers LLP, Advanced Energy Resources & Management Private Limited and 3 more | Director | 28 Aug 2020 | 6 Years 2 Months | Current |
| Vishal Ajitbhai Mehta | Director | 22 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Sterlotech Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mshipper India Private Limited | ₹1.06 Lakh (FY 2017) | 60.0% | New Delhi, Delhi, India | |||
| Services24 Express Private Limited | ₹1.01 Lakh (FY 2021) | Jaipur, Rajasthan, India | ||||
| Hotline Dox and Duts Services Private Limited | ₹97,913 (FY 2022) | 432.0% | Mumbai, Maharashtra, India | |||
| Sterlotech Private Limitedthis company | ₹96,000 (FY 2025) | -₹42.4 Lakh | -80.0% | 1 | Ahmedabad, Gujarat, India | |
| New Age Super Express Private Limited | ₹78,845 (FY 2025) | -93.0% | Mumbai, Maharashtra, India | |||
| Ritman Tradelink Private Limited | ₹74,835 (FY 2019) | -98.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sterlotech Private Limited, buy the company report.
Auditor
Sterlotech Private Limited is audited by RAJPARA ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJPARA ASSOCIATES | FY 2021 | 113428W |
Shareholding
The shareholding of Sterlotech Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sterlotech Private Limited, buy the company report.
Deals & funding
Sterlotech Private Limited has 8 deals on record (4 secondary share transfers, 2 acquisitions, 1 rights issue), with disclosed funding of ₹15 Cr; the latest was in October 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Acquisition | ₹18.93 Cr | Buyer: Osia Hyper Retail Limited Seller: Avenuesai Limited |
| Dec 2018 | Rights issue | ₹22.5 Cr | Investors: Avenuesai Limited, Infibeam Avenues Limited & Vishal Mehta, Infibeam Avenues Limited & Malav Ajitbhai Mehta |
| Dec 2018 | Funding round | ₹15 Cr | Investors: Avenuesai Limited, Infibeam Avenues Limited & Vishal Mehta, Infibeam Avenues Limited & Malav Ajitbhai Mehta |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Infibeam Avenues Limited & Vishal Mehta, Infibeam Avenues Limited & Malav Ajitbhai Mehta |
| Jun 2014 | Acquisition | Undisclosed | Buyer: Avenuesai Limited Seller: an individual |
To see the full deal history of Sterlotech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sterlotech Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (EXE R) | Filed against the company by M/S. V Express Authorized Signatory Dilipkumar Shivcharan Yadav | Pending |
To see the full case history of Sterlotech Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sterlotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sterlotech Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sterlotech has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCI2033F1Z6 | Gujarat | Active | 01 Jul 2017 |
| 06AADCI2033F1Z4 | Haryana | Active | 25 Jan 2019 |
To see the full GST registrations and return filing status of Sterlotech Private Limited, buy the company report.
Recent activity
Sterlotech Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Sudhir Jagdishchandra Trivedi ceased to be Additional Director on 26 Sep 2020.
Frequently asked questions
Sterlotech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 22 March 2013 (13+ years old) and is registered under CIN U63090GJ2013PTC074135.
Sterlotech has 2 current directors:
- Sudhir Jagdishchandra Trivedi - Director
- Vishal Ajitbhai Mehta - Director
The latest financial statements of Sterlotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sterlotech is 24AADCI2033F1Z6, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AADCI2033F1Z4 (Haryana).
The CIN (Corporate Identification Number) of Sterlotech is U63090GJ2013PTC074135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterlotech has 1 court case on record: 1 filed against it. 1 is pending.
Sterlotech was incorporated on 22 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sterlotech has 8 deals on record (4 secondary share transfers, 2 acquisitions, 1 rights issue), with disclosed funding of ₹15 Cr; the latest was in October 2020.
The peers of Sterlotech by revenue are Mshipper India Private Limited, Services24 Express Private Limited, Hotline Dox and Duts Services Private Limited, New Age Super Express Private Limited, Ritman Tradelink Private Limited, all in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities).
Sudhir Jagdishchandra Trivedi ceased to be Additional Director on 26 Sep 2020. Malav Mehta Ajitbhai ceased to be Director on 28 Aug 2020. Sudhir Jagdishchandra Trivedi was appointed as Director on 28 Aug 2020. Sterlotech has 4 board changes on record in total.
The registered office of Sterlotech is at 909 9th Floor Shitiratna Complex Near Panchwati Circle Off C.G. Road El, Lisbridge, Ahmedabad, Gujarat, India – 380006.