Sree Astalaxmi Spinning Mills Private Limited

Textile company specializing in cotton yarn processing and trading, established in 2001.

2001 | Adilabad, Telangana (India) | Active
Last Updated: June 15, 2024

Sree Astalaxmi Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 9.89 Cr
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 94.40 Cr
  • Satisfied Charges ₹ 79.89 Cr
  • Revenue Growth -4.11%
  • Profit Growth -121.83%
  • Ebitda -55.90%
  • Net Worth -4.74%
  • Total Assets 29.99%

About Sree Astalaxmi Spinning Mills

Sree Astalaxmi Spinning Mills Private Limited (SASMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 July 2001 and has a history of 23 years and seven months. Its registered office is in Adilabad, Telangana, 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 15.00 Cr and a paid-up capital of Rs 9.89 Cr.

The company currently has active open charges totaling ₹94.40 Cr. The company has closed loans amounting to ₹79.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kirti Khetan, Manju Khetan, Vikrant Khetan, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17111TG2001PTC037019

  • Company No.

    037019

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jul 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

Who are the key members and board of directors at Sree Astalaxmi Spinning Mills?

Board Members (6)

NameDesignationAppointment DateStatus
Vikrant Khetan Country flag representing In Director 01-Apr-2016Current
Kirti Khetan Country flag representing In Director 15-Jun-2016Current
Manju Khetan Country flag representing In Director 15-Jun-2016Current
Dhirajkumar Khetan Country flag representing In Director 18-Oct-2014Current
Mahesh Khetan Country flag representing In Director 13-Jul-2001Current
Vidyadevi Khetan Country flag representing In Director 01-Apr-2016Current

Financial Performance of Sree Astalaxmi Spinning Mills.

Sree Astalaxmi Spinning Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.11% decrease. The company also saw a substantial fall in profitability, with a 121.83% decrease in profit. The company's net worth dipped by a decrease of 4.74%.

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
-4.11%
Revenue from Operations
-3.88%
Total Assets
29.99%
Profit or Loss
-121.83%
Net Worth
-4.74%
EBITDA
-55.90%

What is the Ownership and Shareholding Structure of Sree Astalaxmi Spinning Mills?

In 2023, Sree Astalaxmi Spinning Mills had a promoter holding of 91.84% and a public holding of 8.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹94.40 Cr

Satisfied Charges

₹79.89 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 87.32 Cr
  • Others : 5.55 Cr
  • State Bank Of India : 1.53 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2022Others₹5.55 CrOpen
13 Jul 2021Hdfc Bank Limited₹4.65 MOpen
10 Dec 2020Hdfc Bank Limited₹76.85 CrOpen
12 Mar 2019State Bank Of India₹1.53 CrOpen
10 Mar 2019Hdfc Bank Limited₹10.00 CrOpen

How Many Employees Work at Sree Astalaxmi Spinning Mills?

Unlock and access historical data on people associated with Sree Astalaxmi Spinning Mills, 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 Sree Astalaxmi Spinning Mills, 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 Sree Astalaxmi Spinning Mills'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 Sree Astalaxmi Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Sree Astalaxmi Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 76.85 Cr registered on 10 Dec 2020 with Charge ID 100396654 was modified on 10 May 2023.

    10 May 2023

  • Balance Sheet

    Sree Astalaxmi Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.55 Cr with Charge ID 100677366 was registered on 29 Dec 2022.

    29 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.47 Cr with Charge ID 100490028 was registered on 13 Jul 2021.

    13 Jul 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 76.85 Cr with Charge ID 100396654 was registered on 10 Dec 2020.

    10 Dec 2020

Frequently asked questions

  • Sree Astalaxmi Spinning Mills Private Limited was incorporated on 13 Jul 2001.

  • The authorized share capital of Sree Astalaxmi Spinning Mills Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.89 Cr.

  • Currently 6 directors are associated with Sree Astalaxmi Spinning Mills Private Limited.

    • Kirti Khetan
    • Manju Khetan
    • Vikrant Kumar Khetan
    • Dhirajkumar Khetan
    • Mahesh Kumar Khetan
    • Vidyadevi Khetan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Astalaxmi Spinning Mills Private Limited is Factory PremisesSy.No.38Light Industrial Area Bhaattisavergaon Road, Adilabad, Telangana, India, 504001.

  • The corporate identification number (CIN) of Sree Astalaxmi Spinning Mills Private Limited is U17111TG2001PTC037019 and the company number is 037019 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sree Astalaxmi Spinning Mills Private Limited is https://www.astalaxmispinning.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sree Astalaxmi Spinning Mills Private Limited has fallen by -4.11%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sree Astalaxmi Spinning Mills Private Limited has experienced an downturn of -4.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sree Astalaxmi Spinning Mills Private Limited amount to ₹ 94.40 Cr.

  • The most recent Balance Sheet for Sree Astalaxmi Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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