Sree Prashant Spinners Limited

Sree Prashant Spinners Limited

Manufacturer and trader of cotton yarn, man-made fiber, viscous and synthetic yarn.
1983 | Chennai, Tamil Nadu (India) | Active

Last Updated:

July 11, 2024
HomeCompanySree Prashant Spinners Limited

Who are the key members and board of directors at Sree Prashant Spinners?

Executive Team (1)

NameDesignationAppointment DateStatus
Prabhakar Chetty InManaging Director16-Sep-1983Current

Board Members(2)

NameDesignationAppointment DateStatus
Prabhakar Jayashree In Director 25-Apr-1991Current
Vachani Ravi In Whole-Time Director 29-Sep-2012Current

Financial Performance and Corporate Structure Insights of Sree Prashant Spinners.

Sree Prashant Spinners Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 69.36% decrease. The company also saw a substantial improvement in profitability, with a 52.89% increase in profit. The company's net worth observed a substantial decline by a decrease of 69.85%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-69.36%
Revenue from Operations
-69.57%
Total Assets
-48.96%
Profit or Loss
52.89%
Net Worth
-69.85%
EBITDA
31.03%

Charges (Loans)

Open Charges Satisfied Charges

₹2.69 Cr

₹9.22 Cr

LenderAmountStatus

Icici Limited

Creation Date: 23 Mar 1994
₹2.00 CrOpen

Nagarjuna Finance Ltd.

Creation Date: 26 Nov 1992
₹4.62 MOpen

Nagarjuna Finance Ltd.

Creation Date: 25 Jul 1991
₹0.30 MOpen

How Many Employees Work at Sree Prashant Spinners?

Sree Prashant Spinners has a workforce of 20 employees as of Mar 29, 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.

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Latest Updates, News, and FAQs on Sree Prashant Spinners

Recent activity within the organization

  • Charges

    A charge registered on 02 May 1998 via Charge ID 90303703 with Indian Overseas Bank was fully satisfied on 13 Dec 2018.

    13 Dec 2018

  • Charges

    A charge registered on 22 Apr 1995 via Charge ID 90287358 with Indian Overseas Bank was fully satisfied on 13 Dec 2018.

    13 Dec 2018

  • Annual General Meeting

    Sree Prashant Spinners Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Balance Sheet

    Sree Prashant Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chennai.

    31 Mar 2016

  • Charges

    A charge with Indian Overseas Bank of Rs. 7.72 Cr registered on 22 Apr 1995 with Charge ID 90287358 was modified on 18 Sep 2013.

    18 Sep 2013

  • Director Appointment

    Vachani Palaniyandi Ravi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Sep 2012 & has been associated with this company since 12 years 7 days .

    29 Sep 2012

Frequently asked questions

  • Sree Prashant Spinners Limited was incorporated on 16 Sep 1983.

  • The authorized share capital of Sree Prashant Spinners Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.80 Cr.

  • Currently 3 directors are associated with Sree Prashant Spinners Limited.

    • Prabhakar Palayam Rangaiah Chetty
    • Prabhakar Jayashree
    • Vachani Palaniyandi Ravi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Prashant Spinners Limited is Flat No.6 Second Floor88 4Th Main Road, Abhiramapuram, Chennai-600 018, Tamil Nadu, India, 600018.

  • The corporate identification number (CIN) of Sree Prashant Spinners Limited is U17111TN1983PLC010320 and the company number is 010320 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Sree Prashant Spinners Limited has fallen by -69.36%.

  • As Per 2016 financial reports, 20 employees are currently employed by Sree Prashant Spinners Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Sree Prashant Spinners Limited has experienced an downturn of -69.85%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Sree Prashant Spinners Limited amount to ₹ 2.69 Cr.

  • The most recent Balance Sheet for Sree Prashant Spinners Limited was filed with the ROC on 31 Mar 2016.

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