Sree Satyanarayana Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 62 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.34 Cr
- Satisfied Charges ₹ 3.54 Cr
- Revenue Growth -41.30%
- Profit Growth -128.79%
- Ebitda -121.00%
- Net Worth -15.49%
- Total Assets -15.33%
About Sree Satyanarayana Spinning Mills
Sree Satyanarayana Spinning Mills Ltd (SSSML) was founded in India on 23 July 1962 and has a glorious history of 62 years and seven months. Its registered office is in Godavari, Andhra Pradesh, India.
The Corporate was formerly known as Sree Satyanarayana Spinning Mills 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 2023. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 1.05 Cr.
The company currently has active open charges totaling ₹16.34 Cr. The company has closed loans amounting to ₹3.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ethirajulu Sathyanarayana, Rajeswari, and Joga Chintha serve as directors at the Company.
Company Details
- Location
Godavari, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101AP1962PLC000919
- Company No.
000919
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Jul 1962
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
What products or services does Sree Satyanarayana Spinning Mills Ltd offer?
Sree Satyanarayana Spinning Mills Ltd offers a wide range of products and services, including Internet Marketing & Promotion, SEO Consultation Service, Yarns & Threads, Yarn, Cotton Yarn, Grey Cotton Yarn, Spun Yarn, Combed Ring Spun Yarn.
Who are the key members and board of directors at Sree Satyanarayana Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ethirajulu Sathyanarayana  | Managing Director | 01-Oct-2009 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeswari | Director | 31-Mar-2023 | Current |
| Joga Chintha | Director | 26-Apr-2023 | Current |
Financial Performance of Sree Satyanarayana Spinning Mills.
Sree Satyanarayana Spinning Mills Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.3% decrease. The company also saw a substantial fall in profitability, with a 128.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.49%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Sree Satyanarayana Spinning Mills?
In 2023, Sree Satyanarayana Spinning Mills had a promoter holding of 34.26% and a public holding of 65.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sidhaarth Exports Private LimitedEthirajulu Sathyanarayana and Rajeswari are mutual person
- Sree Dinakar Fabrics Private Limited
Ethirajulu Sathyanarayana and Rajeswari are mutual person
- Sidhaarth Cotton Yarn Processors Private Limited
Ethirajulu Sathyanarayana and Rajeswari are mutual person
- Sree Sathyanarayana Textiles Private Limited
Rajeswari is a mutual person
Charges (Loans)
₹16.34 Cr
₹3.54 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 16.33 Cr
- Andhra State Financial Corp. : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2001 | State Bank Of India | ₹16.33 Cr | Open |
| 14 Feb 1977 | Andhra State Financial Corp. | ₹0.12 M | Open |
| 05 Jun 1991 | Industrial Development Baak Of India | ₹4.80 M | Satisfied |
| 25 Feb 1991 | Industrial Development Baak Of India | ₹1.47 Cr | Satisfied |
| 27 Nov 1987 | Industrial Development Baak Of India | ₹3.60 M | Satisfied |
How Many Employees Work at Sree Satyanarayana Spinning Mills?
Sree Satyanarayana Spinning Mills has a workforce of 342 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sree Satyanarayana 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 Satyanarayana Spinning Mills'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
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