Gurram Venkateshwarlu Textiles Private Limited

Textile trading company specializing in textiles.

1990 | Khammam (Urban), Telangana (India) | Active
Last Updated: June 27, 2024

Gurram Venkateshwarlu Textiles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 70.17 Cr
  • Satisfied Charges ₹ 11.42 Cr
  • Revenue Growth 28.18%
  • Profit Growth 97.23%
  • Ebitda 371.40%
  • Net Worth 30.03%
  • Total Assets 18.08%

About Gurram Venkateshwarlu Textiles

Gurram Venkateshwarlu Textiles Private Limited (GVTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 December 1990 and has a history of 34 years and one month. Its registered office is in Khammam (Urban), Telangana, India.

The Company is engaged in the Home & Lifestyle 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹70.17 Cr. The company has closed loans amounting to ₹11.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Revanth Gurram, Murali Gurram, Srinivasa Gurram, and Six other members serve as directors at the Company.

Company Details

  • Location

    Khammam (Urban), Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18100TG1990PTC012066

  • Company No.

    012066

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Dec 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Gurram Venkateshwarlu Textiles?

Executive Team (1)

Name Designation Appointment Date Status
Umamaheswar Gurram Country flag representing In Managing Director 05-Dec-1990 Current

Board Members (8)

Name Designation Appointment Date Status
Suman Gurram Country flag representing In Director 18-Dec-2014 Current
Revanth Gurram Country flag representing In Additional Director 15-May-2023 Current
Murali Gurram Country flag representing In Director 01-Jun-2000 Current
Srinivasa Gurram Country flag representing In Director 01-Jun-2000 Current
Ashok Gurram Country flag representing In Director 05-Dec-1990 Current
Narasimha Gurram Country flag representing In Director 05-Dec-1990 Current

Financial Performance of Gurram Venkateshwarlu Textiles.

Gurram Venkateshwarlu Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.18% increase. The company also saw a substantial improvement in profitability, with a 97.23% increase in profit. The company's net worth Soared by an impressive increase of 30.03%.

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
28.18%
Revenue from Operations
30.05%
Total Assets
18.08%
Profit or Loss
97.23%
Net Worth
30.03%
EBITDA
371.40%

What is the Ownership and Shareholding Structure of Gurram Venkateshwarlu Textiles?

In 2023, Gurram Venkateshwarlu Textiles had a promoter holding of 36.00% and a public holding of 64.00%. 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

₹701.65 M

Satisfied Charges

₹114.20 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 64.78 Cr
  • Others : 5.39 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2024 City Union Bank Limited ₹3.00 Cr Open
17 Jan 2024 Others ₹5.00 Cr Open
09 Jan 2024 City Union Bank Limited ₹2.00 Cr Open
26 Sep 2023 City Union Bank Limited ₹3.00 Cr Open
26 Sep 2023 City Union Bank Limited ₹4.00 Cr Open

How Many Employees Work at Gurram Venkateshwarlu Textiles?

Unlock and access historical data on people associated with Gurram Venkateshwarlu Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gurram Venkateshwarlu Textiles, 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 Gurram Venkateshwarlu Textiles'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 Gurram Venkateshwarlu Textiles

Recent activity within the organization

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 30.00 M with Charge ID 100903499 was registered on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100854434 was registered on 17 Jan 2024.

    17 Jan 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 20.00 M with Charge ID 100847265 was registered on 09 Jan 2024.

    09 Jan 2024

  • Charges

    A charge with City Union Bank Limited of Rs. 117.70 M registered on 30 Dec 2021 with Charge ID 100523628 was modified on 09 Jan 2024.

    09 Jan 2024

  • Charges

    A charge registered on 30 Aug 2022 via Charge ID 100611514 with Others was fully satisfied on 23 Nov 2023.

    23 Nov 2023

  • Annual General Meeting

    Gurram Venkateshwarlu Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Gurram Venkateshwarlu Textiles Private Limited was incorporated on 05 Dec 1990.

  • The authorized share capital of Gurram Venkateshwarlu Textiles Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 9 directors are associated with Gurram Venkateshwarlu Textiles Private Limited.

    • Revanth Gurram
    • Murali Krishna Gurram
    • Srinivasa Rao Gurram
    • Ashok Kumar Gurram
    • Narasimha Rao Gurram
    • Sathish Gurram Kumar
    • Umamaheswar Rao Gurram
    • Suman Kumar Gurram
    • Narendar Kumar Gurram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gurram Venkateshwarlu Textiles Private Limited is 10-4-131 And 10-4-132, Mamillagudem Khammam, Khammam (Urban), Telangana, India, 507001.

  • The corporate identification number (CIN) of Gurram Venkateshwarlu Textiles Private Limited is U18100TG1990PTC012066 and the company number is 012066 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gurram Venkateshwarlu Textiles Private Limited is https://www.gvtpvtltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gurram Venkateshwarlu Textiles Private Limited has risen by 28.18%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gurram Venkateshwarlu Textiles Private Limited has experienced an upsurge of 30.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gurram Venkateshwarlu Textiles Private Limited amount to ₹ 70.17 Cr.

  • The most recent Balance Sheet for Gurram Venkateshwarlu Textiles Private Limited was filed with the ROC on 31 Mar 2023.

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