Patchala Spintex Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 10.99 Cr
- Company Age 14 Year, 8 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 eight 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
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Location
Guntur, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17121AP2010PTC068614
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Company No.
068614
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 May 2010
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Patchala Spintex?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chalapathi Patchala
|
Managing Director | 02-Jul-2010 | Current |
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Monika Gattani
|
Company Secretary | 01-Jul-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Siva Patchala
|
Director | 28-May-2010 | Current |
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Patchala Lakshmi
|
Director | 28-May-2010 | Current |
|
Krishna Patchala
|
Director | 19-Dec-2011 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Kabra Drugs LimitedMonika Gattani is a mutual person
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Sri Lakshmi Ganapathi Poultry's Private LimitedSiva Patchala and Patchala Lakshmi are mutual person
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Agrocorpex India Limited
Siva Patchala is a mutual person
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Andhra Pradesh Textile Mills Association
Chalapathi Patchala is a mutual person
Charges (Loans)
₹158.28 Cr
₹0
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 117.01 Cr
- Others : 41.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2023 | Indian Overseas Bank | ₹10.00 Cr | Open |
| 27 Jun 2023 | Indian Overseas Bank | ₹2.75 Cr | Open |
| 17 Jan 2023 | Indian Overseas Bank | ₹2.47 M | Open |
| 11 May 2022 | Others | ₹12.30 Cr | Open |
| 08 Dec 2021 | Others | ₹7.41 Cr | Open |
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.
Deals i
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
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
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.