Balarama Krishna Spinning Mills Private Limited

Manufactures cotton yarn, founded in 2004, based in Andhra Pradesh.

2004 | Guntur.Andhra Pradesh, Andhra Pradesh (India) | Active
Last Updated: July 05, 2024

Balarama Krishna Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 7.80 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 64.91 Cr
  • Satisfied Charges ₹ 140.21 Cr
  • Revenue Growth -12.37%
  • Profit Growth -73.61%
  • Ebitda -44.25%
  • Net Worth -13.13%
  • Total Assets -20.27%

About Balarama Krishna Spinning Mills

Balarama Krishna Spinning Mills Private Limited (BKSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 May 2004 and has a history of 20 years and nine months. Its registered office is in Guntur.Andhra Pradesh, Andhra Pradesh, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.80 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹64.91 Cr. The company has closed loans amounting to ₹140.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mallikharjuna Rayidi, Seetharavamma Vankayalapati, Rayankula Prasanna, and One other member serve as directors at the Company.

Company Details

  • Location

    Guntur.Andhra Pradesh, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17116AP2004PTC043228

  • Company No.

    043228

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Balarama Krishna Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Balarama Vankayalapati Country flag representing In Managing Director10-May-2004Current

Board Members (3)

NameDesignationAppointment DateStatus
Mallikharjuna Rayidi Country flag representing In Director 13-Sep-2016Current
Seetharavamma Vankayalapati Country flag representing In Director 13-Sep-2016Current
Rayankula Prasanna Country flag representing In Director 01-Aug-2016Current

Financial Performance of Balarama Krishna Spinning Mills.

Balarama Krishna Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.37% decrease. The company also saw a substantial fall in profitability, with a 73.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.13%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-12.37%
Revenue from Operations
-12.49%
Total Assets
-20.27%
Profit or Loss
-73.61%
Net Worth
-13.13%
EBITDA
-44.25%

What is the Ownership and Shareholding Structure of Balarama Krishna Spinning Mills?

In 2023, Balarama Krishna Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.91 Cr

Satisfied Charges

₹140.21 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 64.91 Cr

Latest Charge Details

DateLenderAmountStatus
11 Apr 2023Hdfc Bank Limited₹6.79 CrOpen
11 Apr 2023Hdfc Bank Limited₹9.00 CrOpen
29 Jan 2023Hdfc Bank Limited₹49.12 CrOpen
25 Nov 2021Others₹3.59 CrSatisfied
30 Sep 2021Others₹9.00 CrSatisfied

How Many Employees Work at Balarama Krishna Spinning Mills?

Balarama Krishna Spinning Mills has a workforce of 52 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balarama Krishna Spinning Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Balarama Krishna Spinning Mills's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Balarama Krishna Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Balarama Krishna Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.79 Cr with Charge ID 100714876 was registered on 11 Apr 2023.

    11 Apr 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100714877 was registered on 11 Apr 2023.

    11 Apr 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 49.12 Cr registered on 29 Jan 2023 with Charge ID 100686773 was modified on 11 Apr 2023.

    11 Apr 2023

  • Balance Sheet

    Balarama Krishna Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge registered on 25 Nov 2021 via Charge ID 100524682 with Others was fully satisfied on 23 Mar 2023.

    23 Mar 2023

Frequently asked questions

  • Balarama Krishna Spinning Mills Private Limited was incorporated on 10 May 2004.

  • The authorized share capital of Balarama Krishna Spinning Mills Private Limited is ₹ 7.80 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 4 directors are associated with Balarama Krishna Spinning Mills Private Limited.

    • Mallikharjuna Rao Rayidi
    • Seetharavamma Vankayalapati
    • Rayankula Lakshmi Prasanna
    • Balarama Krishnaiah Vankayalapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balarama Krishna Spinning Mills Private Limited is Room No.2 1 St Floor A.P.Cotton Association Buildings Main R, Oad Lakshmipuram, Guntur.Andhra Pradesh, India, 522007.

  • The corporate identification number (CIN) of Balarama Krishna Spinning Mills Private Limited is U17116AP2004PTC043228 and the company number is 043228 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Balarama Krishna Spinning Mills Private Limited has fallen by -12.37%.

  • As Per 2023 financial reports, 52 employees are currently employed by Balarama Krishna Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Balarama Krishna Spinning Mills Private Limited has experienced an downturn of -13.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Balarama Krishna Spinning Mills Private Limited amount to ₹ 64.91 Cr.

  • The most recent Balance Sheet for Balarama Krishna Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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