Guntur Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.43 Cr
- Company Age 19 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 31.07 Cr
- Satisfied Charges ₹ 1.60 Cr
- Revenue Growth -13.79%
- Profit Growth -63.54%
- Ebitda -64.39%
- Net Worth 7.14%
- Total Assets -18.75%
About Guntur Spinning Mills
Guntur Spinning Mills Private Limited (GSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 August 2005 and has a history of 19 years and six months. Its registered office is in Guntur, Andhra Pradesh, India.
The Corporate was formerly known as Gutnur Spinning Mills Private 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 3.00 Cr and a paid-up capital of Rs 2.43 Cr.
The company currently has active open charges totaling ₹31.07 Cr. The company has closed loans amounting to ₹1.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venkata Mamidipaka, Sarvani Mamidipaka, Venkata Mamidipaka, and Two other members serve as directors at the Company.
Company Details
- Location
Guntur, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U18100AP2005PTC047287
- Company No.
047287
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Aug 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Manufacturing
Who are the key members and board of directors at Guntur Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkata Mamidipaka  | Managing Director | 30-Aug-2005 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Telaprolu Karthik | Director | 30-Nov-2017 | Current |
| Sarvani Mamidipaka | Director | 30-Aug-2005 | Current |
| Venkata Mamidipaka | Director | 30-Aug-2005 | Current |
| Mamidipaka Maneesha | Director | 30-Nov-2017 | Current |
Financial Performance of Guntur Spinning Mills.
Guntur Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.79% decrease. The company also saw a substantial fall in profitability, with a 63.54% decrease in profit. The company's net worth moved up by a moderate rise of 7.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Guntur Spinning Mills?
In 2023, Guntur 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.
Related Corporates (Common Directorship)
Andhra Pradesh Textile Mills AssociationVenkata Mamidipaka is a mutual person
- Jaya Textiles Pvt Ltd
Telaprolu Karthik is a mutual person
Charges (Loans)
Open Charges
₹31.07 Cr
Satisfied Charges
₹1.60 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 21.44 Cr
- Others : 9.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jul 2018 | Others | ₹9.63 Cr | Open |
| 18 Aug 2006 | State Bank Of India | ₹21.44 Cr | Open |
| 28 May 2020 | Others | ₹1.60 Cr | Satisfied |
How Many Employees Work at Guntur Spinning Mills?
Guntur Spinning Mills has a workforce of 189 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Guntur 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 Guntur Spinning Mills's trajectory.
Rating
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
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.
