
About Sti Products India Limited
Data last updated:
Sti Products India Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 05 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L85110KA1987PLC008089. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 05 Sep 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Kailash Chandra Garg (Managing Director) and Vivek Loiwal.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per MCA filings, the company has satisfied charges of ₹15 Cr on record. Court records list 39 cases involving the company, including 5 filed by the company and 34 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stiproducts.com.
Company details
CIN history
Sti Products India has one previous CIN (Corporate Identification Number): L85110KA1987PTC008089. The current CIN is L85110KA1987PLC008089, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L85110KA1987PLC008089 | Current |
| L85110KA1987PTC008089 | Previous |
Contact details
Sti Products India Limited's registered office is in Bangalore, Karnataka. Its website is stiproducts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVilla No 6 Prestige Regent Palace 28/2 Varthur Main Road, Thubrahalli Ramagondanhalli, Bangalore, Karnataka, India – 560066
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Sti Products India 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
Financials of Sti Products India Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Sti Products India Limited, buy the company report.
Board of directors of Sti Products India Limited
Sti Products India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Loiwal Also directs: Steel Tubes of India Ltd, Sti Fabricraft Private Limited | Director | 25 Mar 2010 | 16 Years 7 Months | Current |
| Kailash Chandra Garg Also directs: Global Stone India Limited, Sti Power India Private Limited | Managing Director | 22 Mar 1994 | 32 Years 7 Months | Current |
| Hiba Shaikh | Director | 31 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Sti Products India Limited is audited by A K P S & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K P S & CO. | FY 2022 | 009710C |
Shareholding
The shareholding of Sti Products India Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sti Products India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2001 | 80020184 | Ifci Limited | ₹15 Cr | Satisfied |
To see the full charge records of Sti Products India Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sti Products India Limited has 39 court cases on record: 5 filed by Sti Products India, 34 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 26 | 0 |
| High courts | 8 | 6 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed against the company by M/S Applied Electro- Magnetics Pvt. Ltd. | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Ifci Ltd and 1 other | Disposed |
| District court, UDUPI, Karnataka | Execution petition | Filed against the company by Ms Manipal Finance Corporation Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Century Galaxy Developers Ltd | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by M S Canara Bank | Disposed |
To see the full case history of Sti Products India 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 Sti Products India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sti Products India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sti Products India Limited, buy the company report.
Recent activity
Sti Products India Limited has 8 board changes on record since 1994: 6 appointments and 2 cessations. The latest: Lalit Kumar Shroff was appointed as Additional Director on 05 Dec 2025.
1 earlier event is in the company report.
Frequently asked questions
Sti Products India is an active public limited company based in Bangalore, Karnataka, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 05 January 1987 (39+ years old) and is registered under CIN L85110KA1987PLC008089.
Sti Products India has 3 current directors:
- Kailash Chandra Garg - Managing Director
- Vivek Loiwal - Director
- Hiba Shaikh - Director
The latest financial statements of Sti Products India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from 2015 are in the company report.
No. Sti Products India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sti Products India is L85110KA1987PLC008089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sti Products India is recorded as a listed company by MCA, but its shares were delisted from BSE on 05 Sep 2023 · compulsory delisting, and no longer trade on a stock exchange.
Sti Products India has 39 court cases on record: 5 filed by the company and 34 filed against it. Most are in the district courts.
Sti Products India was incorporated on 05 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
Lalit Kumar Shroff was appointed as Additional Director on 05 Dec 2025. Nirmal Singh ceased to be Director on 30 May 2019. Hiba Shaikh was appointed as Director on 31 Oct 2015. Sti Products India has 8 board changes on record in total.
Sti Products India can be reached through the website stiproducts.com. Its registered office is in Bangalore, Karnataka, India.

