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Sterling Tree Magnum review: About teak tree investment 106

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5:16 am EDT
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I have purchased teak trees about 15 years back.
Recently, i tried to contact the company on phone but no any gave us positive reply or even a reply to any of our correspondence.
Please help us get in touch with the right people for the same as all my investments are held with them.

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106 comments
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Jennifer Graham
, US
Feb 07, 2013 12:27 pm EST

Jennifer Graham
I had invested in the year 1993 for two teak trees for Rs. 975/- each in favour of my daughters, Ruth Cheryl Graham and Nicola Sharon Graham for a period of 20 years. I am out of Chennai at the moment but will be returning shortly. My
address is : Plot No. 72, 5th street, Palaniappa Nagar, Madhavaram, Chennai 600 060
Please tell me whom I should contact ?

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G.R.Krishna
, IN
Jan 28, 2013 12:11 pm EST

Yes, this is the status of private investiments in india, govt should do something to the middle class people who invest their hard money.

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Alok Sood
, IN
Jan 26, 2013 3:41 am EST

my application number is G155824 dated 27 feb 1995 for 15 trees with Rs 1475/- per tree. please let me know if there is a way to get returns for this investment. my email is alok1007@yahoo.com and mobile number [protected]

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roop saxena
, IN
Jan 16, 2013 10:11 am EST

My application no. is g 123326 and my certificate no. is a6526 and purchase 20 trees 2 of rs 1475/- per tree. kindly let me know how can I contact the authorized person of the company. my alternative mobile no. is [protected]

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roop saxena
, IN
Jan 16, 2013 10:07 am EST

I have invested in 20 trees in 26/12/1994 and date of expiry is 25/12/2014. I want to know the present status. kindly inform your address where can we contact the firm. my contact no. is [protected]. email address is roop_29@rediff.com

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K.Sridhar
, IN
Sep 03, 2012 5:28 am EDT
Verified customer This comment was posted by a verified customer. Learn more

I have invested in 4 trees in 17/2/1993. date of expiry is 2013. I want to know the status. we stay in banglore. our cantact no. [protected]. email address: maithrysridhar@yahoo.com

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Usha Bhatt
, IN
Aug 18, 2012 12:56 am EDT

I have invested in five trees in 1992. I never received any communication from STM thereafter. Now i have been searching their office for the last 3-4 years and do not know where they are. If any body can help kindly contact me at ushabhatt7@gmail.com 044--[protected] [protected].

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avinash poddar
, IN
Jan 28, 2012 3:07 pm EST
Verified customer This comment was posted by a verified customer. Learn more

In 1992, i have invested Rs.2400. at that time Rs.2400 is my one month salary... he made us believe in their company by creating eagerness to join it and have sucked our true hard work... still now there is no response from that company... not even a single letter after our investment.. anp725862@gmail.com

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sowkya
, IN
Dec 27, 2011 6:32 am EST
Verified customer This comment was posted by a verified customer. Learn more

Hi i have invested in 1992. my expiry date is 2012. can someone help me please? i just want to know that my current amount. My contact details [protected]. My Certificate No. T8288.

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Rajeshk
, IN
Dec 11, 2011 4:29 pm EST

Hi, If anybody has certificate for the location ganesapuram, Theni District, Tamil Nadu..I can help you to get good money for your plot having...since the trees are already cut and rooted by politicans..i can support to sell the land

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Ranjith kota
, US
Oct 02, 2020 12:22 am EDT
Replying to comment of Rajeshk

Hi Mr. Rajesh, can you please help me, I have certificate from Teynampet Madhan

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SUNDAR EMPEROR
, IN
Sep 07, 2011 12:06 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

I got my 40 tree investment back through a powerful advocate from chennai within 47 days and my circle here in bangalore(25 + persons) also got their investments back.

Sundar
sundaremperor@gmail.com

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Ranjith kota
, US
Oct 02, 2020 12:23 am EDT

Hi Mr.Sundar

Am from Bangalore and only now my dad showed me certificate. Can you please help me with refunds ?

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R.manoharan
, IN
Aug 12, 2011 3:30 pm EDT

Dear mr. g. subramaniam if you want sell the 4.17cents pl contact me r. manoharan @ [protected] or at manohar59k@gmail.com

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h n jha
, IN
Aug 06, 2011 4:35 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

i have also invested in the said plantation but could not get a single penny from the investment. pse advise the means and ways to get that.

h n jha
harinarayan61@yahoo.com

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Abhisek hota
, IN
Jul 19, 2011 8:55 am EDT

I have also invested in sterling magnum tree, I do not know the status of my investment.
Could any one of you please let me know their contact details : ph no., address, etc.
My mobile no. : 0-[protected]
Please help

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G Subrahmanyam
, IN
Jul 16, 2011 9:07 am EDT

I had invested rs.22500 for 15 teak units during 1995 into pottipuram plantation.
Application no. g132596
certificate no. b6198.
the fate of this investment is not known and no communication from the promoters atleast.
the promoters also gave me a xerox sale deed for 4.17 cents of land at pottipuram, tamilnadu. I do not know where the original deed is lying.
I believe their other venture sterling holidays is doing very well.
what should be my next course of action on this. can somebody help me.
G. subrahmanyam
No.1.10.153, ashoknagar, hyderabad.500020.
Subgunturu@gmail.com;

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DIPIKA SUDHIR VERMA
, IN
May 26, 2011 11:27 am EDT
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I had future assurance teakquity certificate given by sterling tree magnum (india) ltd
Date of joining -04/04/1995
Application no - k 428931
Certificate no-f13152
No of trees 7@ rs 1475
No interim returns paid till date
Please help
Dipikasy@gmail.com
Mb no [protected]

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tarun baijal
, IN
May 10, 2011 8:18 am EDT
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I had purchased 6 trees under STM scheme vide Application no> R24727, Certificate number: K 16411 in 1996. No interim dividend has been paid to me till yet.
Kindly revert on the status and future course of action.

Regards
Tarun Baijal
[protected]
89 C Pocket 4
Mayur Vihar
Delhi-9

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rajk.sarawgi
, IN
Apr 23, 2011 9:03 am EDT

April 23, 2011

To,
Sterling tree magnum (india) limited
Registered office : 154, eldams road,
Teynampet, chennai – 600018.

Reference : application no. g-169647 certificate no. b3859 issued in the name of deepak jain, no. 503, 11-a, siddharth nagar, western express highway, borivali (e), mumbai-400093, for the no. of 15 (fifteen teak trees value rs. 22, 125.00 (rs. twenty two thousand one hundred & twenty five only).

Date of joining: 20/05/1995, date of maturity: 19/05/2015

Dear sir,

This is to inform you that I had invested rs. 22, 125.00 against the cost of 15 (fifteen) teak trees planted at bandhgaon plantation in koraput registration district, koraput district

As per the extended instalment plan teakquity certificate given by you the first interim returns rs. 18375/- due on after end of six years and second interim returns rs. 82, 500/-due after end of 12th years & after maturity value end of 20th year rs. 10, 80, 000/-

I am very sorry to inform you that we could not get the first & second interim returns / payment. please confirm the interim returns / payment details if you had sent on the due dates, otherwise arrange to send me the first & second interim returns / payment immediately.

Your early action is highly appreciated.

Yours faithfully,

Deepak jain
No. 503, 11-a, siddharth nagar,
Western express highway,
Borivali (e), mumbai-400093
M. no. [protected], [protected]

C. c : 1) head office : 5, murray’s gate road, alwarpet, chennai, 600018.
2) stm management services ltd., guna buildings, ii floor, annex ii, 304/305
Anna salai, teynampet, chennai – 600018.
3) “divyaa” 8 a, murray’s gate road, alwarpet, chennai, 600018

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NITIN GOYAL HMG
, IN
Sep 11, 2010 2:05 am EDT

i have also invest in sterling tree magnum (india) ltd. and now i want to proper address and contact no of the company officials, Please inform me about this company

Nitin Goyal
1/67 RHB Colony
Hanuman Garh Jn.
Mob-[protected]

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g.p.singh
, IN
Jul 09, 2010 12:16 pm EDT

i have invested lots of hard earned my money in stm if any body help

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utapl
, IN
Jan 21, 2010 7:39 pm EST

Hi, Plz join sterling tree magnum group @ orkut.com

This group is created to assemble all STM investor in one place ; for effective action.

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Rajesh P kumar
, US
Mar 19, 2018 5:09 am EDT
Verified customer This comment was posted by a verified customer. Learn more
Replying to comment of utapl

Myself P.Rajesh kumar from Bangalore had invested in Sterling tree Magnum (india) Ltd, 20 trees @ rs 1475 per tree, certificate no A1999 on 29.09.1994 in Andipatti plantation, maturity being 28.9.2014.
I had visited there office about 3 yrs ago in chennai they said it is court case . Can anyone update on case as on today. Any chances of getting back money.
[protected]