Sree Lalitha Parameswari Spinning Mills Private Limited

Produces cotton yarn and has solar and wind energy plants.

2005 | Guntur, Andhra Pradesh (India) | Active
Last Updated: July 30, 2024

Sree Lalitha Parameswari Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 23.54 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 182.54 Cr
  • Satisfied Charges ₹ 13.10 Cr
  • Revenue Growth -16.37%
  • Profit Growth -66.71%
  • Ebitda -47.34%
  • Net Worth 3.90%
  • Total Assets -2.52%

About Sree Lalitha Parameswari Spinning Mills

Sree Lalitha Parameswari Spinning Mills Private Limited (SLPSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 April 2005 and has a history of 19 years and nine months. Its registered office is in Guntur, 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 24.00 Cr and a paid-up capital of Rs 23.54 Cr.

The company currently has active open charges totaling ₹182.54 Cr. The company has closed loans amounting to ₹13.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sree Lalitha Parameswari Spinning Mills Private Limited India is Preeti Jain as COMPANY SECRETARY. Siva Karumuri, Surya Desu, Ambareesh Tripuramallu, and Six other members serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    slpspinningmills.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110AP2005PTC045993

  • Company No.

    045993

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

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

Executive Team (2)

NameDesignationAppointment DateStatus
Surya Desu Country flag representing In Managing Director26-Apr-2005Current
Preeti Jain Country flag representing In Company Secretary23-Apr-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Siva Karumuri Country flag representing In Director 26-Apr-2005Current
Ambareesh Tripuramallu Country flag representing In Whole-Time Director 26-Apr-2005Current
Venkatadurga Tripuramallu Country flag representing In Director 26-Apr-2005Current
Venkata Kunala Country flag representing In Whole-Time Director 26-Apr-2005Current
Venkataramana Sikhakolanu Country flag representing In Director 26-Apr-2005Current
Ashok Kothuri Country flag representing In Director 12-Mar-2022Current

Financial Performance of Sree Lalitha Parameswari Spinning Mills.

Sree Lalitha Parameswari Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.37% decrease. The company also saw a substantial fall in profitability, with a 66.71% decrease in profit. The company's net worth moved up by a moderate rise of 3.9%.

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
-16.37%
Revenue from Operations
-16.53%
Total Assets
-2.52%
Profit or Loss
-66.71%
Net Worth
3.90%
EBITDA
-47.34%

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

In 2023, Sree Lalitha Parameswari Spinning Mills had a promoter holding of 25.89% and a public holding of 74.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹182.54 Cr

Satisfied Charges

₹13.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 108.90 Cr
  • State Bank Of India : 73.64 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2022Others₹7.50 CrOpen
14 Dec 2021Others₹25.00 CrOpen
26 Nov 2021Others₹2.90 CrOpen
02 Jan 2021Others₹15.00 CrOpen
10 Mar 2020State Bank Of India₹23.57 CrOpen

How Many Employees Work at Sree Lalitha Parameswari Spinning Mills?

Sree Lalitha Parameswari Spinning Mills has a workforce of 247 employees as of Apr 01, 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 Sree Lalitha Parameswari 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 Lalitha Parameswari 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 Lalitha Parameswari Spinning Mills

Recent activity within the organization

  • Director Appointment

    Preeti Jain was appointed as a Company Secretary was appointed as a Company Secretary on 23 Apr 2024 & has been associated with this company since 10 months .

    23 Apr 2024

  • Charges

    A charge with State Bank Of India of Rs. 23.57 Cr registered on 10 Mar 2020 with Charge ID 100334961 was modified on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 50.07 Cr registered on 27 Oct 2005 with Charge ID 80002621 was modified on 21 Feb 2024.

    21 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100543949 was registered on 11 Mar 2022.

    11 Mar 2022

Frequently asked questions

  • Sree Lalitha Parameswari Spinning Mills Private Limited was incorporated on 26 Apr 2005.

  • The authorized share capital of Sree Lalitha Parameswari Spinning Mills Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 23.54 Cr.

  • Currently 10 directors are associated with Sree Lalitha Parameswari Spinning Mills Private Limited.

    • Siva Sankara Rao Karumuri
    • Surya Prakasa Rao Desu
    • Ambareesh Tripuramallu
    • Venkatadurga Malleswararao Tripuramallu
    • Venkata Bhaskararao Kunala
    • Venkataramana Sikhakolanu
    • Ashok Kumar Kothuri
    • Venkata Harish Tripuramallu
    • Lakshmi Sowjanya Tadikamalla
    • Preeti Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Lalitha Parameswari Spinning Mills Private Limited is Tirumala Complex1St Floor 4/2 Brodipet, Guntur, Andhra Pradesh, India.

  • The corporate identification number (CIN) of Sree Lalitha Parameswari Spinning Mills Private Limited is U17110AP2005PTC045993 and the company number is 045993 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sree Lalitha Parameswari Spinning Mills Private Limited is https://www.slpspinningmills.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sree Lalitha Parameswari Spinning Mills Private Limited has fallen by -16.37%.

  • As Per 2023 financial reports, 247 employees are currently employed by Sree Lalitha Parameswari Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sree Lalitha Parameswari Spinning Mills Private Limited has experienced an upsurge of 3.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sree Lalitha Parameswari Spinning Mills Private Limited amount to ₹ 182.54 Cr.

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

Similar Companies Based on Textile & Fabric Production