Hetro Spinners Private Limited
This company manufactures and sells cotton yarn and seeds to spinning mills and traders.
2009 | Guntur, Andhra Pradesh (India) | Active
Hetro Spinners Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
- Paid Up Capital ₹ 13.40 Cr
- Company Age 15 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 41.57 Cr
- Revenue Growth -49.70%
- Profit Growth -147.69%
- Ebitda -37.41%
- Net Worth -137.01%
- Total Assets -70.14%
About Hetro Spinners
Hetro Spinners Private Limited (HSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 2009 and has a history of 15 years and seven months. Its registered office is in Guntur, Andhra Pradesh, India.
The Corporate was formerly known as Hetro Spinners Limited. The Company is engaged in the Agriculture 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 14.00 Cr and a paid-up capital of Rs 13.40 Cr.
The company has closed loans amounting to ₹41.57 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Posani Venkatappaiah and Maram Pitchaiah 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
U17121AP2009PTC064809
- Company No.
064809
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Aug 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Agriculture
Manufacturing
Hetro Spinners Private Limited
Explore comprehensive data for Hetro Spinners Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Hetro Spinners?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Posani Venkatappaiah  | Managing Director | 30-Dec-2015 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Maram Pitchaiah | Director | 30-Dec-2015 | Current |
Financial Performance of Hetro Spinners.
Hetro Spinners Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 49.7% decrease. The company also saw a substantial fall in profitability, with a 147.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 137.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hetro Spinners?
In 2022, Hetro Spinners had a promoter holding of 68.48% and a public holding of 31.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Nitya Exports Private Limited
Posani Venkatappaiah and Maram Pitchaiah are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹41.57 Cr
Charges Breakdown by Lending Institutions
- Others : 41.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2010 | Others | ₹41.57 Cr | Satisfied |
How Many Employees Work at Hetro Spinners?
Hetro Spinners has a workforce of 26 employees as of Apr 06, 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 Hetro 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 Hetro Spinners'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.
Latest Updates, News, and FAQs on Hetro Spinners
Recent activity within the organization
- Annual General Meeting
Hetro Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Hetro Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge registered on 19 Aug 2010 via Charge ID 10237326 with Others was fully satisfied on 05 Jan 2021.
- Charges
A charge with Others of Rs. 41.57 Cr registered on 19 Aug 2010 with Charge ID 10237326 was modified on 25 Nov 2016.
- Director Appointment
Posani Venkatappaiah was appointed as a Managing Director was appointed as a Managing Director on 30 Dec 2015 & has been associated with this company since 9 years 3 months .
- Director Appointment
Maram Pitchaiah was appointed as a Director was appointed as a Director on 30 Dec 2015 & has been associated with this company since 9 years 3 months .
Frequently asked questions
What is the Incorporation or founding date of Hetro Spinners Private Limited?
Hetro Spinners Private Limited was incorporated on 21 Aug 2009.
What is authorized share capital and paid-up capital of Hetro Spinners Private Limited?
The authorized share capital of Hetro Spinners Private Limited is ₹ 14.00 Cr and paid-up capital is ₹ 13.40 Cr.
Who are the current board members & directors of Hetro Spinners Private Limited?
Currently 2 directors are associated with Hetro Spinners Private Limited.
- Posani Venkatappaiah
- Maram Pitchaiah
What is the registered address of Hetro Spinners Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hetro Spinners Private Limited is D.No. 3-28-18/165 5Th Line Rajendra Nagar, India, Guntur, Andhra Pradesh, 522006.
What is the corporate identification number (CIN) and company number of Hetro Spinners Private Limited?
The corporate identification number (CIN) of Hetro Spinners Private Limited is U17121AP2009PTC064809 and the company number is 064809 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Hetro Spinners Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Hetro Spinners Private Limited has fallen by -49.70%.
How many employees does Hetro Spinners Private Limited currently have?
As Per 2022 financial reports, 26 employees are currently employed by Hetro Spinners Private Limited.
What change has been observed in the net worth of Hetro Spinners Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Hetro Spinners Private Limited has experienced an downturn of -137.01%.
When was the last Balance Sheet of Hetro Spinners Private Limited filed with the ROC?
The most recent Balance Sheet for Hetro Spinners Private Limited was filed with the ROC on 31 Mar 2024.
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