Hetro Spinners Private Limited

This company manufactures and sells cotton yarn and seeds to spinning mills and traders.

2009 | Guntur, Andhra Pradesh (India) | Active
Last Updated: December 23, 2024

Hetro Spinners Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 13.40 Cr
  • Company Age 15 Year, 5 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 five 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

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

Executive Team (1)

Name Designation Appointment Date Status
Posani Venkatappaiah Country flag representing In Managing Director 30-Dec-2015 Current

Board Members (1)

Name Designation Appointment Date Status
Maram Pitchaiah Country flag representing In 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%.

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
-49.70%
Revenue from Operations
-80.32%
Total Assets
-70.14%
Profit or Loss
-147.69%
Net Worth
-137.01%
EBITDA
-37.41%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 19 Aug 2010 via Charge ID 10237326 with Others was fully satisfied on 05 Jan 2021.

    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.

    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 1 month .

    30 Dec 2015

  • 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 1 month .

    30 Dec 2015

Frequently asked questions

  • Hetro Spinners Private Limited was incorporated on 21 Aug 2009.

  • The authorized share capital of Hetro Spinners Private Limited is ₹ 14.00 Cr and paid-up capital is ₹ 13.40 Cr.

  • Currently 2 directors are associated with Hetro Spinners Private Limited.

    • Posani Venkatappaiah
    • Maram Pitchaiah
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hetro Spinners Private Limited has fallen by -49.70%.

  • As Per 2022 financial reports, 26 employees are currently employed by Hetro Spinners Private Limited.

  • 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%.

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

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