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:

Patchala Spintex Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.99 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 158.28 Cr
  • Revenue Growth -33.98%
  • Profit Growth -48.27%
  • Ebitda 12.72%
  • Net Worth 4.65%
  • Total Assets 2.31%

About Patchala Spintex

Patchala Spintex Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 2010 and has a history of 14 years and nine 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 15.00 Cr and a paid-up capital of Rs 10.99 Cr.

The company currently has active open charges totaling ₹158.28 Cr.

The Key Managerial Personnel (KMP) at Patchala Spintex Private Limited India is Monika Gattani as COMPANY SECRETARY. Siva Patchala, Patchala Lakshmi, Chalapathi Patchala, and One other member serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    patchalaspintex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17121AP2010PTC068614

  • Company No.

    068614

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 May 2010

  • 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 Patchala Spintex?

Executive Team (2)

NameDesignationAppointment DateStatus
Chalapathi Patchala Country flag representing In Managing Director02-Jul-2010Current
Monika Gattani Country flag representing In Company Secretary01-Jul-2022Current

Board Members (3)

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

Financial Performance 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%.

Patchala Spintex revenue growth over time
Patchala Spintex 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
-33.98%
Revenue from Operations
-32.31%
Total Assets
2.31%
Profit or Loss
-48.27%
Net Worth
4.65%
EBITDA
12.72%

What is the Ownership and Shareholding Structure of Patchala Spintex?

In 2023, Patchala Spintex 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

₹158.28 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 117.01 Cr
  • Others : 41.27 Cr

Latest Charge Details

DateLenderAmountStatus
07 Dec 2023Indian Overseas Bank₹10.00 CrOpen
27 Jun 2023Indian Overseas Bank₹2.75 CrOpen
17 Jan 2023Indian Overseas Bank₹2.47 MOpen
11 May 2022Others₹12.30 CrOpen
08 Dec 2021Others₹7.41 CrOpen

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.

Employee growth trends for Patchala Spintex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patchala Spintex, 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 Patchala Spintex'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 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.

  • Annual General Meeting

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

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 2.75 Cr with Charge ID 100748837 was registered on 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.

  • 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.

  • Balance Sheet

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

Frequently asked questions

  • What is the Incorporation or founding date of Patchala Spintex Private Limited?

    Patchala Spintex Private Limited was incorporated on 28 May 2010.

  • What is authorized share capital and paid-up capital of Patchala Spintex Private Limited?

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

  • Who are the current board members & directors of Patchala Spintex Private Limited?

    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

  • What is the registered address of Patchala Spintex Private Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Patchala Spintex Private Limited?

    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).

  • What is the official website of Patchala Spintex Private Limited?

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

  • What has been the recent revenue trend for Patchala Spintex Private Limited?

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

  • How many employees does Patchala Spintex Private Limited currently have?

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

  • What change has been observed in the net worth of Patchala Spintex Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Patchala Spintex Private Limited?

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

  • When was the last Balance Sheet of Patchala Spintex Private Limited filed with the ROC?

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