Sanghi Spinners India Limited

Cotton processing and leasing of related facilities since 1992.

1992 | Rangareddy, Telangana (India) | Active
Last Updated:

Sanghi Spinners India Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 80.00 Cr
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 142.50 Cr
  • Satisfied Charges ₹ 203.50 Cr
  • Revenue Growth -15.96%
  • Profit Growth -147.38%
  • Ebitda -130.94%
  • Net Worth -47.42%
  • Total Assets -3.70%

About Sanghi Spinners India

Sanghi Spinners India Limited (SSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 January 1992 and has a history of 33 years and two months. Its registered office is in Rangareddy, Telangana, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 80.00 Cr.

The company currently has active open charges totaling ₹142.50 Cr. The company has closed loans amounting to ₹203.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sanghi Spinners India Limited India are Archana Varma as COMPANY SECRETARY and Samireddipalle Kumar as Cfo. Amit Sanghi, Sangana Reddy, Swati Sanghi, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110TG1992PLC013686

  • Company No.

    013686

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 1992

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Transport and Logistics
Financial Services
Manufacturing

Who are the key members and board of directors at Sanghi Spinners India?

Executive Team (4)

NameDesignationAppointment DateStatus
Swati Sanghi Country flag representing In Managing Director10-May-2019Current
Amit Sanghi Country flag representing In Managing Director10-May-2019Current
Archana Varma Country flag representing In Company Secretary29-Feb-2024Current
Samireddipalle Kumar CFO23-Mar-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Pramod Reddy Country flag representing In Director 11-Mar-2024Current
Pavan Samireddipalle Country flag representing In Director 11-Mar-2024Current
Sangana Reddy Country flag representing In Director 11-Mar-2024Current
Anjana Sanghi Country flag representing In Director 16-Mar-2015Current
Mohammed Zameer Country flag representing In Director 29-Sep-2023Current
Kavaipatti Govindarajan Country flag representing In Director 11-Mar-2024Current

Financial Performance of Sanghi Spinners India.

Sanghi Spinners India Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.96% decrease. The company also saw a substantial fall in profitability, with a 147.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 47.42%.

Sanghi Spinners India revenue growth over time
Sanghi Spinners India 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
-15.96%
Revenue from Operations
-35.00%
Total Assets
-3.70%
Profit or Loss
-147.38%
Net Worth
-47.42%
EBITDA
-130.94%

What is the Ownership and Shareholding Structure of Sanghi Spinners India?

In 2022, Sanghi Spinners India had a promoter holding of 60.01% and a public holding of 39.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹142.50 Cr

Satisfied Charges

₹203.50 Cr

Charges Breakdown by Lending Institutions

  • Commenwealth Development Corporation : 41.70 Cr
  • Commonwealth Development Corporation : 37.60 Cr
  • Punjab National Bank : 30.15 Cr
  • State Bank Of India : 27.20 Cr
  • The Lakshmi Vilas Bank Ltd. : 5.00 Cr
  • Others : 0.85 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2001State Bank Of India₹10.00 CrOpen
20 Mar 2000Punjab National Bank₹15.00 CrOpen
10 Sep 1999The Lakshmi Vilas Bank Ltd.₹5.00 CrOpen
28 Sep 1995Punjab National Bank₹15.15 CrOpen
22 May 1995Commonwealth Development Corporation₹37.60 CrOpen

How Many Employees Work at Sanghi Spinners India?

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

Employee growth trends for Sanghi Spinners India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sanghi Spinners 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 Sanghi Spinners 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 Sanghi Spinners India

Recent activity within the organization

  • Annual General Meeting

    Sanghi Spinners India Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sanghi Spinners India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Director Appointment

    Samireddipalle Pavan Kumar was appointed as a Cfo was appointed as a Cfo on 23 Mar 2024 & has been associated with this company since 1 year 3 days .

  • Director Appointment

    Sangana Veera Raghava Reddy was appointed as a Director was appointed as a Director on 11 Mar 2024 & has been associated with this company since 1 year 15 days .

  • Director Appointment

    Pavan Kumar Samireddipalle was appointed as a Director was appointed as a Director on 11 Mar 2024 & has been associated with this company since 1 year 15 days .

  • Director Appointment

    Kavaipatti Ramasubramaniyam Govindarajan was appointed as a Director was appointed as a Director on 11 Mar 2024 & has been associated with this company since 1 year 15 days .

Frequently asked questions

  • What is the Incorporation or founding date of Sanghi Spinners India Limited?

    Sanghi Spinners India Limited was incorporated on 09 Jan 1992.

  • What is authorized share capital and paid-up capital of Sanghi Spinners India Limited?

    The authorized share capital of Sanghi Spinners India Limited is ₹ 80.00 Cr and paid-up capital is ₹ 80.00 Cr.

  • Who are the current board members & directors of Sanghi Spinners India Limited?

    Currently 14 directors are associated with Sanghi Spinners India Limited.

    • Amit Sanghi
    • Sangana Veera Raghava Reddy
    • Swati Sanghi
    • Anjana Sanghi
    • Pavan Kumar Samireddipalle
    • Mohammed Abdul Zameer
    • Kavaipatti Ramasubramaniyam Govindarajan
    • Sarangapani Madipeddi
    • Jamalpuri Kiran
    • Pramod Kumar Mamidi Reddy
    • Moyyala Bhaskar Rao
    • Santhosh Kumar
    • Archana Varma
    • Samireddipalle Pavan Kumar

  • What is the registered address of Sanghi Spinners India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sanghi Spinners India Limited is Sanghi Nagar Koheda Village, Abdullapurmet Mandal India, Rangareddy, Telangana, 501511.

  • What is the corporate identification number (CIN) and company number of Sanghi Spinners India Limited?

    The corporate identification number (CIN) of Sanghi Spinners India Limited is U74110TG1992PLC013686 and the company number is 013686 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sanghi Spinners India Limited?

    The Official website of Sanghi Spinners India Limited is https://www.sanghigroup.com

  • What has been the recent revenue trend for Sanghi Spinners India Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sanghi Spinners India Limited has fallen by -15.96%.

  • What change has been observed in the net worth of Sanghi Spinners India Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sanghi Spinners India Limited has experienced an downturn of -47.42%.

  • What are the total open charges for Sanghi Spinners India Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sanghi Spinners India Limited amount to ₹ 142.50 Cr.

  • When was the last Balance Sheet of Sanghi Spinners India Limited filed with the ROC?

    The most recent Balance Sheet for Sanghi Spinners India Limited was filed with the ROC on 31 Mar 2024.

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