Krishnaganga Spinning Mills Private Limited

Textile company producing synthetic blended yarns with manufacturing unit in Andhra Pradesh.

1983 | Guntur, Andhra Pradesh (India) | Active
Last Updated: October 24, 2024

Krishnaganga Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 8.40 Cr
  • Paid Up Capital ₹ 7.92 Cr
  • Company Age 41 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.72 Cr
  • Satisfied Charges ₹ 61.28 Cr
  • Revenue Growth -4.62%
  • Profit Growth 732.71%
  • Ebitda -19.91%
  • Net Worth 7.80%
  • Total Assets 26.02%

About Krishnaganga Spinning Mills

Krishnaganga Spinning Mills Private Limited (KSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 September 1983 and has a history of 41 years and five months. Its registered office is in Guntur, Andhra Pradesh, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 8.40 Cr and a paid-up capital of Rs 7.92 Cr.

The company currently has active open charges totaling ₹38.72 Cr. The company has closed loans amounting to ₹61.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gorantla Prudhvi and Rajasekhar Ambati serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    krishnaganga.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18100AP1983PTC004121

  • Company No.

    004121

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Krishnaganga Spinning Mills?

Board Members (2)

NameDesignationAppointment DateStatus
Gorantla Prudhvi Country flag representing In Director 26-Aug-2007Current
Rajasekhar Ambati Country flag representing In Director 02-May-2019Current

Financial Performance of Krishnaganga Spinning Mills.

Krishnaganga Spinning Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.62% decrease. The company also saw a substantial improvement in profitability, with a 732.71% increase in profit. The company's net worth moved up by a moderate rise of 7.8%.

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
-4.62%
Revenue from Operations
-5.07%
Total Assets
26.02%
Profit or Loss
732.71%
Net Worth
7.80%
EBITDA
-19.91%

What is the Ownership and Shareholding Structure of Krishnaganga Spinning Mills?

In 2023, Krishnaganga 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.72 Cr

Satisfied Charges

₹61.28 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 38.72 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2021Axis Bank Limited₹38.72 CrOpen
22 Aug 2017Hdfc Bank Limited₹34.71 CrSatisfied
15 Mar 2005Others₹23.10 CrSatisfied
25 Jun 1997M/S Sundaram Finance Services Ltd₹1.06 CrSatisfied
28 Dec 1994M/S Sundaram Finance Ltd₹2.10 MSatisfied

How Many Employees Work at Krishnaganga Spinning Mills?

Krishnaganga Spinning Mills has a workforce of 0 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 Krishnaganga 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 Krishnaganga Spinning Mills'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 Krishnaganga Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Krishnaganga Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 38.72 Cr registered on 18 Dec 2021 with Charge ID 100531998 was modified on 16 Sep 2023.

    16 Sep 2023

  • Balance Sheet

    Krishnaganga Spinning Mills 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 22 Aug 2017 via Charge ID 100134865 with Hdfc Bank Limited was fully satisfied on 07 Jul 2022.

    07 Jul 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 38.72 Cr with Charge ID 100531998 was registered on 18 Dec 2021.

    18 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited of Rs. 34.71 Cr registered on 22 Aug 2017 with Charge ID 100134865 was modified on 28 Oct 2021.

    28 Oct 2021

Frequently asked questions

  • Krishnaganga Spinning Mills Private Limited was incorporated on 06 Sep 1983.

  • The authorized share capital of Krishnaganga Spinning Mills Private Limited is ₹ 8.40 Cr and paid-up capital is ₹ 7.92 Cr.

  • Currently 2 directors are associated with Krishnaganga Spinning Mills Private Limited.

    • Gorantla Prudhvi
    • Rajasekhar Ambati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Krishnaganga Spinning Mills Private Limited is G T Road Thimmuram, Guntur India, Ap, Andhra Pradesh, 522233.

  • The corporate identification number (CIN) of Krishnaganga Spinning Mills Private Limited is U18100AP1983PTC004121 and the company number is 004121 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Krishnaganga Spinning Mills Private Limited is https://www.krishnaganga.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Krishnaganga Spinning Mills Private Limited has fallen by -4.62%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Krishnaganga Spinning Mills Private Limited has experienced an upsurge of 7.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Krishnaganga Spinning Mills Private Limited amount to ₹ 38.72 Cr.

  • The most recent Balance Sheet for Krishnaganga Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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