Sterling Guaranty & Finance Ltd
STER

Sterling Guaranty & Finance Ltd (508963)

₹3.33--

Key Stats

₹3.33
Day's Price Range
₹3.33
₹2.3
52-Week Price Range
₹10.84
1 Month Return-15.06 %
3 Month Return-47.32 %
1 Year Return-46.72 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 242
EPS
Rank 255
BVPS
Rank 296
Dividend Yield
Rank 74
ROE
Rank 427
Price To Book Ratio
Rank 195
Debt To Asset
Rank 296

Company Information

Sterling Guaranty Finance Ltd was incorporated in the year November 21 1983. The Company is in the process of revival of NBFC business. The Company accepted unsecured interest free borrowing from the promoter companies Sterling Investments India Ltd. of Rs. 66.40 Lacs as on date and from Indistock Financial Services Pvt. Ltd. Rs. 2.75 lacs. During the year 2014 NBFI Business was not carried out since Net Owned Funds NOF of the Company has fallen below the minimum prescribed limit. Fortunes of the Company will improve if it is merged with Sterling Investments India Ltd.The Company is a defunct company. During the year 2016 Company had no business activity. It suffered Net Loss of Rs 6.45 lacs due to nil operating income and minimum statutory compliance expenses. One of its promoters Company advanced during the year interest free funds of Rs. 6.40 lacs to meet the statutory liabilities from Sterling Investments India Ltd.The Reserve Bank of India by its letter dated 17 June 2016 advised the company to come up with a concrete time bound action plan to increase NOF to Rs. 200 lacs or to surrender the COR. The company has not done any NBFI business as per the direction issued by the RBI because of lack of NOF.
OrganisationSterling Guaranty & Finance Ltd
HeadquartersMumbai
IndustryFinance