Patchala Spintex Private Limited logo

Patchala Spintex Private Limited

Manufactures cotton yarn with 39,168 ring spindles in Andhra Pradesh since 2010.
2010 | Guntur, Andhra Pradesh (India) | Active

Last Updated:

October 23, 2024
HomeCompanyPatchala Spintex Private Limited

Who are the key members and board of directors at Patchala Spintex?

Executive Team (2)

NameDesignationAppointment DateStatus
Chalapathi Patchala InManaging Director02-Jul-2010Current
Monika Gattani InCompany Secretary01-Jul-2022Current

Board Members(3)

NameDesignationAppointment DateStatus
Siva Patchala In Director 28-May-2010Current
Patchala Lakshmi In Director 28-May-2010Current
Krishna Patchala In Director 19-Dec-2011Current

Financial Performance and Corporate Structure Insights of Patchala Spintex.

Patchala Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.98% decrease. The company also saw a substantial fall in profitability, with a 48.27% decrease in profit. The company's net worth moved up by a moderate rise of 4.65%.

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
-33.98%
Revenue from Operations
-32.31%
Total Assets
2.31%
Profit or Loss
-48.27%
Net Worth
4.65%
EBITDA
12.72%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹158.28 Cr

LenderAmountStatus

Indian Overseas Bank

Creation Date: 07 Dec 2023
₹10.00 CrOpen

Indian Overseas Bank

Creation Date: 27 Jun 2023
₹2.75 CrOpen

Indian Overseas Bank

Creation Date: 17 Jan 2023
₹2.47 MOpen

How Many Employees Work at Patchala Spintex?

Patchala Spintex has a workforce of 237 employees as of Mar 30, 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.

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Latest Updates, News, and FAQs on Patchala Spintex

Recent activity within the organization

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 10.00 Cr with Charge ID 100836008 was registered on 07 Dec 2023.

    07 Dec 2023

  • Annual General Meeting

    Patchala Spintex 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 Indian Overseas Bank amounted to Rs. 2.75 Cr with Charge ID 100748837 was registered on 27 Jun 2023.

    27 Jun 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 82.50 Cr registered on 27 Jul 2015 with Charge ID 10583927 was modified on 29 Apr 2023.

    29 Apr 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 21.51 Cr registered on 07 Mar 2011 with Charge ID 10284893 was modified on 29 Apr 2023.

    29 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Patchala Spintex Private Limited was incorporated on 28 May 2010.

  • The authorized share capital of Patchala Spintex Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.99 Cr.

  • Currently 5 directors are associated with Patchala Spintex Private Limited.

    • Siva Sankara Rao Patchala
    • Patchala Vijaya Lakshmi
    • Chalapathi Rao Patchala
    • Krishna Kishore Patchala
    • Monika Nishant Gattani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patchala Spintex Private Limited is D.No.23 B-2 Venkatesam 2Nd Line Main Road Brundavan Gardens, India, Guntur, Andhra Pradesh, 522007.

  • The corporate identification number (CIN) of Patchala Spintex Private Limited is U17121AP2010PTC068614 and the company number is 068614 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patchala Spintex Private Limited is https://www.patchalaspintex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Patchala Spintex Private Limited has fallen by -33.98%.

  • As Per 2023 financial reports, 237 employees are currently employed by Patchala Spintex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Patchala Spintex Private Limited has experienced an upsurge of 4.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Patchala Spintex Private Limited amount to ₹ 158.28 Cr.

  • The most recent Balance Sheet for Patchala Spintex Private Limited was filed with the ROC on 31 Mar 2023.

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