Saiglobal Yarntex (India) Private Limited

Founded in 2005 and headquartered in Andhra Pradesh, India.

2005 | Prakasam, Andhra Pradesh (India) | Active
Last Updated: October 24, 2024

Saiglobal Yarntex (India) Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.62 Cr
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 34.12 Cr
  • Satisfied Charges ₹ 24.03 Cr
  • Revenue Growth -11.84%
  • Profit Growth -2540.80%
  • Ebitda -122.85%
  • Net Worth -52.58%
  • Total Assets 4.35%

About Saiglobal Yarntex (India)

Saiglobal Yarntex (India) Private Limited (SYIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 December 2005 and has a history of 19 years and one month. Its registered office is in Prakasam, 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 12.00 Cr and a paid-up capital of Rs 11.62 Cr.

The company currently has active open charges totaling ₹34.12 Cr. The company has closed loans amounting to ₹24.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saiglobal Yarntex (India) Private Limited India is Raj Bala as COMPANY SECRETARY. Srinivasa Malepati, Kasiviswanatham Desu, Chakrapani Motakatla, and Two other members serve as directors at the Company.

Company Details

  • Location

    Prakasam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18100AP2005PTC048622

  • Company No.

    048622

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 2005

  • 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 Saiglobal Yarntex (India)?

Executive Team (1)

Name Designation Appointment Date Status
Raj Bala Country flag representing In Company Secretary 01-Aug-2022 Current

Board Members (5)

Name Designation Appointment Date Status
Teja Desu Country flag representing In Director 27-Oct-2021 Current
Srinivasa Malepati Country flag representing In Whole-Time Director 29-Dec-2005 Current
Kasiviswanatham Desu Country flag representing In Whole-Time Director 29-Dec-2005 Current
Chakrapani Motakatla Country flag representing In Whole-Time Director 29-Dec-2005 Current
Venu Ganta Country flag representing In Director 29-Dec-2005 Current

Financial Performance of Saiglobal Yarntex (India).

Saiglobal Yarntex (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.84% decrease. The company also saw a substantial fall in profitability, with a 2540.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 52.58%.

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
-11.84%
Revenue from Operations
-12.08%
Total Assets
4.35%
Profit or Loss
-2540.80%
Net Worth
-52.58%
EBITDA
-122.85%

What is the Ownership and Shareholding Structure of Saiglobal Yarntex (India)?

In 2023, Saiglobal Yarntex (India) 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

₹34.12 Cr

Satisfied Charges

₹24.03 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 34.12 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2006 State Bank Of India ₹34.12 Cr Open
23 Jan 2012 State Bank Of Hyderabad ₹22.13 Cr Satisfied
30 Mar 2009 State Bank Of Hyderabad ₹1.40 Cr Satisfied
29 Feb 2008 Indian Bank ₹5.00 M Satisfied

How Many Employees Work at Saiglobal Yarntex (India)?

Unlock and access historical data on people associated with Saiglobal Yarntex (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saiglobal Yarntex (India), 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 Saiglobal Yarntex (India)'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 Saiglobal Yarntex (India)

Recent activity within the organization

  • Annual General Meeting

    Saiglobal Yarntex (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Saiglobal Yarntex (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 34.12 Cr registered on 25 Aug 2006 with Charge ID 10017896 was modified on 08 Mar 2022.

    08 Mar 2022

  • Director Appointment

    Teja Desu was appointed as a Director was appointed as a Director on 27 Oct 2021 & has been associated with this company since 3 years 3 months .

    27 Oct 2021

  • Charges

    A charge registered on 23 Jan 2012 via Charge ID 10342229 with State Bank Of Hyderabad was fully satisfied on 28 Mar 2017.

    28 Mar 2017

  • Charges

    A charge registered on 30 Mar 2009 via Charge ID 10158367 with State Bank Of Hyderabad was fully satisfied on 31 Mar 2015.

    31 Mar 2015

Frequently asked questions

  • Saiglobal Yarntex (India) Private Limited was incorporated on 29 Dec 2005.

  • The authorized share capital of Saiglobal Yarntex (India) Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.62 Cr.

  • Currently 6 directors are associated with Saiglobal Yarntex (India) Private Limited.

    • Srinivasa Rao Mohana Venkata Malepati
    • Kasiviswanatham Desu
    • Chakrapani Reddy Motakatla
    • Venu Gopal Reddy Ganta
    • Teja Desu
    • Raj Bala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saiglobal Yarntex (India) Private Limited is National Highway - 5 India, Vellampalli, Andhra Pradesh, 523211.

  • The corporate identification number (CIN) of Saiglobal Yarntex (India) Private Limited is U18100AP2005PTC048622 and the company number is 048622 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saiglobal Yarntex (India) Private Limited has fallen by -11.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saiglobal Yarntex (India) Private Limited has experienced an downturn of -52.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saiglobal Yarntex (India) Private Limited amount to ₹ 34.12 Cr.

  • The most recent Balance Sheet for Saiglobal Yarntex (India) Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Textile & Fabric Production