Sarita Synthetics And Industries Limited

Synthetics business since 1993, based in Andhra Pradesh.

1993 | Vizianagaram, Andhra Pradesh (India) | Active
Last Updated: December 16, 2024

Sarita Synthetics And Industries Profile

Key Indicators

  • Authorised Capital ₹ 40.10 Cr
  • Paid Up Capital ₹ 18.09 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 87.78 Cr
  • Satisfied Charges ₹ 99.69 Cr
  • Revenue Growth 150.84%
  • Profit Growth 89.48%
  • Ebitda 85.68%
  • Net Worth -0.35%
  • Total Assets -3.52%

About Sarita Synthetics And Industries

Sarita Synthetics And Industries Limited (SSAIL) is a Public Limited Indian Non-Government Company incorporated in India on 13 October 1993 and has a history of 31 years and three months. Its registered office is in Vizianagaram, 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 40.10 Cr and a paid-up capital of Rs 18.09 Cr.

The company currently has active open charges totaling ₹87.78 Cr. The company has closed loans amounting to ₹99.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sarita Synthetics And Industries Limited India are Chivukula Prasad as COMPANY SECRETARY and Venkata Murari as Cfo. Butchi Yadavalli, Bommidala Ratnam, Raghupathi Bhavirisetty, and One other member serve as directors at the Company.

Company Details

  • Location

    Vizianagaram, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17116AP1993PLC016428

  • Company No.

    016428

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Sarita Synthetics And Industries?

Executive Team (2)

Name Designation Appointment Date Status
Chivukula Prasad Company Secretary 15-Jul-2024 Current
Venkata Murari CFO 15-Feb-2023 Current

Board Members (4)

Name Designation Appointment Date Status
Butchi Yadavalli Country flag representing In Director 02-Aug-2011 Current
Bommidala Ratnam Country flag representing In Additional Director 15-Feb-2023 Current
Raghupathi Bhavirisetty Country flag representing In Additional Director 15-Feb-2023 Current
Bommidala Padmanabhan Country flag representing In Whole-Time Director 10-Jul-2023 Current

Financial Performance of Sarita Synthetics And Industries.

Sarita Synthetics And Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 150.84% increase. The company also saw a substantial improvement in profitability, with a 89.48% increase in profit. The company's net worth dipped by a decrease of 0.35%.

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
150.84%
Revenue from Operations
Total Assets
-3.52%
Profit or Loss
89.48%
Net Worth
-0.35%
EBITDA
85.68%

What is the Ownership and Shareholding Structure of Sarita Synthetics And Industries?

In 2019, Sarita Synthetics And Industries had a promoter holding of 40.39% and a public holding of 59.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹87.78 Cr

Satisfied Charges

₹99.69 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 72.05 Cr
  • Times Bank Ltd. : 8.40 Cr
  • Indian Renewable Energy Development Agency Limited : 4.72 Cr
  • Export-Import Bank Of India : 2.56 Cr
  • The Vysya Bank Ltd. : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
24 Aug 2000 State Bank Of India ₹9.75 Cr Open
30 Jun 1999 Indian Renewable Energy Development Agency Limited ₹4.72 Cr Open
03 Sep 1998 State Bank Of India ₹13.40 Cr Open
20 Aug 1998 Times Bank Ltd. ₹8.40 Cr Open
30 Jun 1998 State Bank Of India ₹13.00 Cr Open

How Many Employees Work at Sarita Synthetics And Industries?

Sarita Synthetics And Industries has a workforce of 0 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sarita Synthetics And Industries, 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 Sarita Synthetics And Industries'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 Sarita Synthetics And Industries

Recent activity within the organization

  • Director Appointment

    Chivukula Venkata Subrahmanya Vara Prasad was appointed as a Company Secretary was appointed as a Company Secretary on 15 Jul 2024 & has been associated with this company since 6 months 19 days .

    15 Jul 2024

  • Charges

    A charge registered on 28 May 2001 via Charge ID 90138285 with Industrial Development Bank Of India was fully satisfied on 09 Jul 2024.

    09 Jul 2024

  • Charges

    A charge registered on 27 Mar 2001 via Charge ID 90138272 with Industrial Development Bank Of India was fully satisfied on 09 Jul 2024.

    09 Jul 2024

  • Charges

    A charge registered on 13 Jul 2000 via Charge ID 90138227 with Industrial Development Bank Of India was fully satisfied on 09 Jul 2024.

    09 Jul 2024

  • Charges

    A charge registered on 28 Jun 2000 via Charge ID 90138222 with Industrial Development Bank Of India was fully satisfied on 09 Jul 2024.

    09 Jul 2024

  • Charges

    A charge registered on 17 Oct 1999 via Charge ID 90138160 with Industrial Development Bank Of India was fully satisfied on 09 Jul 2024.

    09 Jul 2024

Frequently asked questions

  • Sarita Synthetics And Industries Limited was incorporated on 13 Oct 1993.

  • The authorized share capital of Sarita Synthetics And Industries Limited is ₹ 40.10 Cr and paid-up capital is ₹ 18.09 Cr.

  • Currently 6 directors are associated with Sarita Synthetics And Industries Limited.

    • Butchi Venkata Ramana Murthy Yadavalli
    • Bommidala Venkata Srikoti Ratnam
    • Raghupathi Rao Bhavirisetty
    • Bommidala Pooja Padmanabhan
    • Chivukula Venkata Subrahmanya Vara Prasad
    • Venkata Ramana Rao Murari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sarita Synthetics And Industries Limited is Anthakapalli Village India, Rajam, Andhra Pradesh, 532127.

  • The corporate identification number (CIN) of Sarita Synthetics And Industries Limited is L17116AP1993PLC016428 and the company number is 016428 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sarita Synthetics And Industries Limited has risen by 150.84%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sarita Synthetics And Industries Limited has experienced an downturn of -0.35%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sarita Synthetics And Industries Limited amount to ₹ 87.78 Cr.

  • The most recent Balance Sheet for Sarita Synthetics And Industries Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Textile & Fabric Production