Src Ecotex (India) Private Limited

Produces recycled polyester staple and hollow conjugate fiber products.

2017 | Nellore, Andhra Pradesh (India) | Active
Last Updated: January 01, 2025

Src Ecotex (India) Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 63.22 Cr
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 145.90 Cr
  • Revenue Growth -38.92%
  • Profit Growth -3.14%
  • Ebitda -1240.03%
  • Net Worth 146.47%
  • Total Assets 140.01%

About Src Ecotex (India)

Src Ecotex (India) Private Limited (SEIPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 2017 (Seven years and seven months 19 days old ). Its registered office is in Nellore, Andhra Pradesh, India.

The Corporate was formerly known as Srichakra Ecotex (India) Private Limited. 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 70.00 Cr and a paid-up capital of Rs 63.22 Cr.

The company currently has active open charges totaling ₹145.90 Cr.

The Key Managerial Personnel (KMP) at Src Ecotex (India) Private Limited India is Nagendra Sagi as COMPANY SECRETARY. Gadi Reddy, Sanjay Sachdeva, Rajasekhar Yarlagadda, and Four other members serve as directors at the Company.

Company Details

  • Location

    Nellore, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209AP2017PTC106069

  • Company No.

    106069

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2017

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Src Ecotex (India)?

Executive Team (1)

Name Designation Appointment Date Status
Nagendra Sagi Company Secretary 22-Sep-2022 Current

Board Members (7)

Name Designation Appointment Date Status
Srinivas Mikkilineni Country flag representing In Director 01-Jul-2017 Current
Gadi Reddy Country flag representing In Director 14-Jun-2017 Current
Sanjay Sachdeva Country flag representing In Director 01-Jul-2017 Current
Rajasekhar Yarlagadda Country flag representing In Director 14-Jun-2017 Current
Ravindra Paruchuri Country flag representing In Director 14-Jun-2017 Current
Krishnan Ramakrishnan Additional Director 20-Jun-2024 Current

Financial Performance of Src Ecotex (India).

Src Ecotex (India) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 38.92% decrease. The company also saw a slight decrease in profitability, with a 3.14% decrease in profit. The company's net worth Soared by an impressive increase of 146.47%.

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
-38.92%
Revenue from Operations
Total Assets
140.01%
Profit or Loss
-3.14%
Net Worth
146.47%
EBITDA
-1240.03%

What is the Ownership and Shareholding Structure of Src Ecotex (India)?

In 2022, Src Ecotex (India) had a promoter holding of 28.90% and a public holding of 71.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹145.90 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 145.90 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2022 Others ₹145.90 Cr Open

How Many Employees Work at Src Ecotex (India)?

Src Ecotex (India) has a workforce of 0 employees as of May 03, 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 Src Ecotex (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 Src Ecotex (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 Src Ecotex (India)

Recent activity within the organization

  • Annual General Meeting

    Src Ecotex (India) Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Director Appointment

    Krishnan Mani Ramakrishnan was appointed as a Additional Director was appointed as a Additional Director on 20 Jun 2024 & has been associated with this company since 7 months 13 days .

    20 Jun 2024

  • Director Appointment

    Tarun Kumar Jagga was appointed as a Additional Director was appointed as a Additional Director on 20 Jun 2024 & has been associated with this company since 7 months 13 days .

    20 Jun 2024

  • Balance Sheet

    Src Ecotex (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 145.90 Cr registered on 21 Nov 2022 with Charge ID 100662958 was modified on 07 Dec 2022.

    07 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 145.90 Cr with Charge ID 100662958 was registered on 21 Nov 2022.

    21 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Src Ecotex (India) Private Limited was incorporated on 14 Jun 2017.

  • The authorized share capital of Src Ecotex (India) Private Limited is ₹ 70.00 Cr and paid-up capital is ₹ 63.22 Cr.

  • Currently 8 directors are associated with Src Ecotex (India) Private Limited.

    • Gadi Chandra Sekhar Reddy
    • Sanjay Sachdeva
    • Rajasekhar Yarlagadda
    • Ravindra Venkata Paruchuri
    • Srinivas Chakravarthy Mikkilineni
    • Krishnan Mani Ramakrishnan
    • Tarun Kumar Jagga
    • Nagendra Kumar Sagi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Src Ecotex (India) Private Limited is 24-03-699 02Nd Cross Road Prashanthi Nagar, Darga Mitta India, Nellore, Andhra Pradesh, 524003.

  • The corporate identification number (CIN) of Src Ecotex (India) Private Limited is U25209AP2017PTC106069 and the company number is 106069 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Src Ecotex (India) Private Limited is https://www.srichakraecotex.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Src Ecotex (India) Private Limited has fallen by -38.92%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Src Ecotex (India) Private Limited has experienced an upsurge of 146.47%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Src Ecotex (India) Private Limited amount to ₹ 145.90 Cr.

  • The most recent Balance Sheet for Src Ecotex (India) Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Textile & Fabric Production