Hetro Spinners Private Limited

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:

July 17, 2024
HomeCompanyHetro Spinners Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Posani Venkatappaiah InManaging Director30-Dec-2015Current

Board Members(1)

NameDesignationAppointment DateStatus
Maram Pitchaiah In Director 30-Dec-2015Current

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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹41.57 Cr

LenderAmountStatus

Others

Creation Date: 19 Aug 2010
₹41.57 CrSatisfied

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.

Employee Graph

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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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hetro Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • 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

    Maram Pitchaiah was appointed as a Director was appointed as a Director on 30 Dec 2015 & has been associated with this company since 8 years 11 months .

    30 Dec 2015

  • 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 8 years 11 months .

    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.

    • Maram Pitchaiah
    • Posani Venkatappaiah
  • 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, Guntur, Andhra Pradesh, India, 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 2023.

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