Sterne India Private Limited

Sterne India Private Limited - e-commerce in Bangalore South, Karnataka, India. FY 2026 financials and compliance.
CIN U74999KA2016PTC097331 Incorporated 24 October 2016 ROC Bangalore HQ Bangalore South, Karnataka, India
Under Insolvency Private Limited Company e-commerce
Data last updated
Revenue · FY 2022
₹1,118.23 Cr
▲ 332.00% YoY
EBITDA · FY 2022
Locked
In full report
Net profit · FY 2022
Locked
In full report
Authorised capital
₹21 Lakh
Registered with MCA
Paid-up capital
₹13.15 Lakh
Issued & subscribed
Open charges
₹115 Cr
Satisfied ₹111.01 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
208
Latest available

About Sterne India Private Limited

Data last updated: 13 February 2026

Sterne India Private Limited is a private limited company based in Bangalore South, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in general e-commerce platforms, a part of the broader e-commerce sector. Incorporated on 24 October 2016, the company has been in operation for over 10 years.

Registered with ROC Bangalore under CIN U74999KA2016PTC097331.

Capital: an authorised share capital of ₹21 Lakh and a paid-up capital of ₹13.15 Lakh. It is led by directors Khushnud Khan and Rishiraj Singh Rathore.

Last AGM: 31 October 2022. Financial statements filed for year ended 31 March 2022. Office: Bangalore South, Karnataka.

As per the financials filed for FY 2022, the company reported a revenue of ₹1,118.23 Cr, reflecting significant growth compared to the previous year.

The company has a workforce of approximately 208 employees as per the latest available data. Its group structure includes 4 subsidiaries.

The company is associated with 1 brand - Arzooo. As per MCA filings, the company has open charges of ₹115 Cr and satisfied charges of ₹111.01 Cr on record.

The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is arzooo.com.

Company Details of Sterne India Private Limited
CIN U74999KA2016PTC097331
Registration Number 097331
Incorporation Date 24 October 2016
ROC Bangalore
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 31 October 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Apps
  • Registered Address
    05Th Floor Salarpuria Sattva Eminence, Amani Bellendur Khane Varthur Hobli Bangalore East Taluk, Bangalore South, Karnataka, India – 560103
  • Industry
    E-Commerce, General E-Commerce Platforms
Company report
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Financials, compliance, directors, charges, ownership and filings for Sterne India Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Sterne India Private Limited

Sterne India Private Limited operates one associated brand: Arzooo. These brands represent Sterne India Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Technology platform for retail management and electronics trading is provided. arzooo.com

Competitors & Alternatives of Sterne India Private Limited

Brands and companies operating in the same space as Sterne India Private Limited include ZopSmart, WOGOM, Fairdeal Market and 4 more.

Competitor Description Location Founded
ZopSmart ZopSmart Omni-channel solutions are provided for offline businesses. Bengaluru, India, India 2011
WOGOM WOGOM AI-driven B2B marketplace for electronics procurement is facilitated. Ahmedabad, India, India 2021
Fairdeal Market Fairdeal Market Omnichannel management software solutions are offered for brand operations. Gurugram, India, India 2022
RDP Workstations RDP Workstations Consumer electronics are distributed online by RDP Workstations. Hyderabad, India, India 2012
Omuni Omuni Software solutions for omnichannel retail are provided by Omuni. Bengaluru, India, India 2004
Omnee Omnee Provider of omnichannel solutions for retail brands Bengaluru, India, India 2022
Mondal Distribution Mondal Distribution Operates an online B2B platform for multi-category consumer electronics products. Murshidabad, India, India 2017

Business Activity of Sterne India Private Limited

Sterne India Private Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J6 Computer programming, consultancy and related activities Locked
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Auditor Details of Sterne India Private Limited

Sterne India Private Limited is audited by M S K A & Associates for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
M S K A & Associates Locked Locked Locked
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Board of Directors of Sterne India Private Limited

Sterne India Private Limited is currently managed by 2 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Khushnud Khan Director 15 Mar 2019 7 Years 5 Months As last reported
Rishiraj Singh Rathore Director 24 Oct 2016 9 Years 9 Months As last reported

Financials of Sterne India Private Limited FY 2022 filings available

Sterne India Private Limited reported revenue of ₹1,118.23 Cr (up 332.00% YoY) for FY 2022.

Revenue · FY 2022
₹1,118.23 Cr ▲ 332.00%
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Ten-year financial statements for Sterne India Private Limited

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Ownership and Shareholding of Sterne India Private Limited

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Shareholding and ownership data for Sterne India Private Limited

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Group Structure of Sterne India Private Limited

Sterne India Private Limited has 4 subsidiary companies. This group structure data is as of FY 2022. The corporate group structure reflects Sterne India Private Limited's business expansion strategy and organizational complexity.

4
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Fastmile Express Private Limited U63030KA2021PTC150225 Locked
Sharkfin Tech Private Limited U72900KA2021PTC149237 Locked
Gamma Internet Private Limited U74999KA2021PTC154307 Locked
Falcon Internet Private Limited U74999KA2021PTC154325 Locked

Showing major subsidiaries. Total: 4.

Charges & Borrowings of Sterne India Private Limited

Open charges
₹115 Cr
Satisfied charges
₹111.01 Cr
Breakdown by lending institutions
Others₹115.00 Cr
Latest charge details
DateLenderAmountStatus
25 Oct 2023 Others ₹8 Cr Open
28 Sep 2023 Others ₹7 Cr Open
20 Jul 2023 Others ₹20 Cr Open
04 Jul 2023 Others ₹20 Cr Open
17 Aug 2022 Others ₹15 Cr Open

Total charge records: 15 View all charges

Employees and EPFO Compliance at Sterne India Private Limited

Sterne India Private Limited has a workforce of 208 employees as of Oct 10, 2025.

Employee count
208
Active EPFO establishments
1
Employee growth
-34.59%
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Employee and EPFO history for Sterne India Private Limited

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GST Compliance of Sterne India Private Limited

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GST registrations and filing compliance for Sterne India Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Sterne India Private Limited

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Credit ratings, litigation, and regulatory alerts for Sterne India Private Limited

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MSME Payment Delays by Sterne India Private Limited

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MSME payment history for Sterne India Private Limited

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Subsidiaries & Group Companies of Sterne India Private Limited

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Corporate group structure for Sterne India Private Limited

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MCA Filings & Documents of Sterne India Private Limited

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MCA filings and documents for Sterne India Private Limited

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Recent Activity on Sterne India Private Limited

Charges
07 Mar 2024
A charge registered on 30 May 2023 via Charge ID 100734911 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Mar 2024.
Charges
07 Mar 2024
A charge registered on 19 May 2023 via Charge ID 100730558 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Mar 2024.
Charges
07 Mar 2024
A charge registered on 06 Jul 2022 via Charge ID 100604004 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Mar 2024.
Charges
25 Oct 2023
A charge with Others amounted to Rs. 800.00 Lakh with Charge ID 100819790 was registered on 25 Oct 2023.
Charges
28 Sep 2023
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100798715 was registered on 28 Sep 2023.
Charges
25 Aug 2023
A charge with Others of Rs. 2,000.00 Lakh registered on 20 Jul 2023 with Charge ID 100782610 was modified on 25 Aug 2023.

Frequently Asked Questions about Sterne India Private Limited

Sterne India Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Sterne India Private Limited is a company under insolvency, formerly operating as a private limited company in the e-commerce sector based in Bangalore South, Karnataka, India. It was incorporated on 24 October 2016 and is registered under CIN U74999KA2016PTC097331. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Sterne India Private Limited reported revenue of ₹1,118.23 Cr for FY 2022 (up 332.00% YoY).

The current directors of Sterne India Private Limited are:

The CIN (Corporate Identification Number) of Sterne India Private Limited is U74999KA2016PTC097331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sterne India Private Limited has open charges of ₹115 Cr and satisfied charges of ₹111.01 Cr as per latest MCA filings.

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