Chowdary Spinners Private Limited

Textile company specializing in yarn processing and production of cotton products.

1994 | Godavari, Andhra Pradesh (India) | Active
Last Updated:

Chowdary Spinners Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 31 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 69.31 Cr
  • Satisfied Charges ₹ 56.05 Cr
  • Revenue Growth -1.41%
  • Profit Growth -39.01%
  • Ebitda -15.79%
  • Net Worth 7.31%
  • Total Assets 13.09%

About Chowdary Spinners

Chowdary Spinners Private Limited (CSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 1994 and has a history of 31 years. Its registered office is in Godavari, Andhra Pradesh, India.

The Corporate was formerly known as Chowdary Spinners Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 15.00 Cr.

The company currently has active open charges totaling ₹69.31 Cr. The company has closed loans amounting to ₹56.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chowdary Spinners Private Limited India are Falguni Agarwal as COMPANY SECRETARY and Srirama Nandina as Cfo. Sairam Gaddam, Saritha Chitturi, Nandigam Sudhakar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Godavari, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111AP1994PTC017181

  • Company No.

    017181

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1994

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

What products or services does Chowdary Spinners Private Limited offer?

Chowdary Spinners Private Limited offers a wide range of products and services, including Yarns & Threads, Yarn.

Company report

Chowdary Spinners Private Limited

Explore comprehensive data for Chowdary Spinners Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Chowdary Spinners?

Executive Team (3)

NameDesignationAppointment DateStatus
Chitturi Chowdary Country flag representing In Managing Director28-Aug-2015Current
Falguni Agarwal Company Secretary06-Sep-2022Current
Srirama Nandina Country flag representing In CFO29-Jun-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Sairam Gaddam Country flag representing In Director 29-Sep-2017Current
Saritha Chitturi Country flag representing In Whole-Time Director 29-Aug-2024Current
Nandigam Sudhakar Country flag representing In Director 04-Jul-2006Current

Financial Performance of Chowdary Spinners.

Chowdary Spinners Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.41% decrease. The company also saw a substantial fall in profitability, with a 39.01% decrease in profit. The company's net worth moved up by a moderate rise of 7.31%.

Chowdary Spinners revenue growth over time
Chowdary Spinners 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
-1.41%
Revenue from Operations
-1.61%
Total Assets
13.09%
Profit or Loss
-39.01%
Net Worth
7.31%
EBITDA
-15.79%

What is the Ownership and Shareholding Structure of Chowdary Spinners?

In 2023, Chowdary Spinners had a promoter holding of 38.79% and a public holding of 61.22%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹69.31 Cr

Satisfied Charges

₹56.05 Cr

Charges Breakdown by Lending Institutions

  • Others : 69.06 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2023Others₹8.00 CrOpen
07 Sep 2023Others₹4.00 CrOpen
11 Jul 2022Hdfc Bank Limited₹1.02 MOpen
22 Dec 2021Hdfc Bank Limited₹1.48 MOpen
13 Aug 1994Others₹57.06 CrOpen

How Many Employees Work at Chowdary Spinners?

Chowdary Spinners has a workforce of 177 employees as of Apr 09, 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.

Employee growth trends for Chowdary Spinners Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chowdary Spinners, 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 Chowdary Spinners'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 Chowdary Spinners

Recent activity within the organization

  • Charges

    A charge registered on 13 Aug 1994 via Charge ID 90118487 with Union Bank Of India was fully satisfied on 16 Oct 2024.

  • Annual General Meeting

    Chowdary Spinners Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Director Appointment

    Saritha Chitturi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Aug 2024 & has been associated with this company since 6 months 27 days .

  • Charges

    A charge with Others of Rs. 57.06 Cr registered on 13 Aug 1994 with Charge ID 90115087 was modified on 14 Jun 2024.

  • Balance Sheet

    Chowdary Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100815528 was registered on 23 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Chowdary Spinners Private Limited?

    Chowdary Spinners Private Limited was incorporated on 10 Mar 1994.

  • What is authorized share capital and paid-up capital of Chowdary Spinners Private Limited?

    The authorized share capital of Chowdary Spinners Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 15.00 Cr.

  • Who are the current board members & directors of Chowdary Spinners Private Limited?

    Currently 7 directors are associated with Chowdary Spinners Private Limited.

    • Falguni Agarwal
    • Srirama Krishnarao Nandina
    • Sairam Reddy Gaddam
    • Saritha Chitturi
    • Nandigam Sudhakar
    • Srirama Krishnarao Nandina
    • Chitturi Venkata Vara Prasad Chowdary
  • What is the registered address of Chowdary Spinners Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Chowdary Spinners Private Limited is 1-16881-168/1 Chivatamundrajavaram Mandal Tanuku West Godavari, India, Andhra Pradesh, 534211.

  • What is the corporate identification number (CIN) and company number of Chowdary Spinners Private Limited?

    The corporate identification number (CIN) of Chowdary Spinners Private Limited is U17111AP1994PTC017181 and the company number is 017181 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Chowdary Spinners Private Limited?

    The Official website of Chowdary Spinners Private Limited is https://www.chowdaryspinners.com

  • What has been the recent revenue trend for Chowdary Spinners Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Chowdary Spinners Private Limited has fallen by -1.41%.

  • How many employees does Chowdary Spinners Private Limited currently have?

    As Per 2023 financial reports, 177 employees are currently employed by Chowdary Spinners Private Limited.

  • What change has been observed in the net worth of Chowdary Spinners Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Chowdary Spinners Private Limited has experienced an upsurge of 7.31%.

  • What are the total open charges for Chowdary Spinners Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Chowdary Spinners Private Limited amount to ₹ 69.31 Cr.

  • When was the last Balance Sheet of Chowdary Spinners Private Limited filed with the ROC?

    The most recent Balance Sheet for Chowdary Spinners Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed