Sitaram Spinners Profile
Key Indicators
- Authorised Capital ₹ 8.55 Cr
as on 07-01-2025
- Paid Up Capital ₹ 7.61 Cr
as on 07-01-2025
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 586.06 Cr
as on 07-01-2025
- Satisfied Charges ₹ 231.99 Cr
as on 07-01-2025
- Revenue -25.00%
(FY 2024)
- Profit -30.88%
(FY 2024)
- Ebitda -20.71%
(FY 2024)
- Net Worth 10.92%
(FY 2024)
- Total Assets -29.29%
(FY 2024)
About Sitaram Spinners
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 2024. It's a company limited by shares with an authorized capital of Rs 8.55 Cr and a paid-up capital of Rs 7.61 Cr.
The company currently has active open charges totaling ₹586.06 Cr. The company has closed loans amounting to ₹231.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pramod Kumar and Siddharth Bhardwaj serve as directors at the Company.
- CIN/LLPIN
U74999TG2005PTC048459
- Company No.
048459
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Dec 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Sitaram Spinners?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pramod Kumar  | Director | 15-Dec-2005 | Current |
| Siddharth Bhardwaj | Director | 29-Jan-2018 | Current |
Financial Performance of Sitaram Spinners.
Sitaram Spinners Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 25% decrease. The company also saw a substantial fall in profitability, with a 30.88% decrease in profit. The company's net worth Soared by an impressive increase of 10.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sitaram Spinners?
In 2023, Sitaram Spinners had a promoter holding of 45.70% and a public holding of 54.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹586.06 Cr
₹231.99 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 264.55 Cr
- Others : 211.74 Cr
- Yes Bank Limited : 108.00 Cr
- State Bank Of India : 1.77 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2024 | Yes Bank Limited | ₹63.00 Cr | Open |
| 04 Oct 2024 | Others | ₹75.00 Cr | Open |
| 23 Jul 2024 | Others | ₹15.00 Cr | Open |
| 30 Jan 2024 | Hdfc Bank Limited | ₹2.01 M | Open |
| 19 Dec 2023 | Hdfc Bank Limited | ₹3.03 M | Open |
How Many Employees Work at Sitaram Spinners?
Sitaram Spinners has a workforce of 367 employees as of Jan 07, 2025. 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 Sitaram Spinners, 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 Sitaram Spinners'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.
