Sree Satyanarayana Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 62 Year, 8 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 eight 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
Manufacturing
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.
Sree Satyanarayana Spinning Mills Ltd
Explore comprehensive data for Sree Satyanarayana Spinning Mills Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹16.34 Cr
Satisfied Charges
₹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
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Alerts
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 Satyanarayana Spinning Mills
Recent activity within the organization
- Annual General Meeting
Sree Satyanarayana Spinning Mills Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Director Appointment
Joga Rao Chintha was appointed as a Director was appointed as a Director on 26 Apr 2023 & has been associated with this company since 1 year 11 months .
- Balance Sheet
Sree Satyanarayana Spinning Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Director Appointment
Rajeswari was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 2 years 13 days .
- Charges
A charge with State Bank Of India of Rs. 16.33 Cr registered on 08 Mar 2001 with Charge ID 80025634 was modified on 16 Feb 2021.
- Charges
A charge registered on 17 Sep 1985 via Charge ID 90259422 with Andhra Bank was fully satisfied on 30 Sep 2015.
Frequently asked questions
What is the Incorporation or founding date of Sree Satyanarayana Spinning Mills Ltd?
Sree Satyanarayana Spinning Mills Ltd was incorporated on 23 Jul 1962.
What is authorized share capital and paid-up capital of Sree Satyanarayana Spinning Mills Ltd?
The authorized share capital of Sree Satyanarayana Spinning Mills Ltd is ₹ 11.00 Cr and paid-up capital is ₹ 1.05 Cr.
Who are the current board members & directors of Sree Satyanarayana Spinning Mills Ltd?
Currently 3 directors are associated with Sree Satyanarayana Spinning Mills Ltd.
- Ethirajulu Sathyanarayana
- Rajeswari
- Joga Rao Chintha
What is the registered address of Sree Satyanarayana Spinning Mills Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Sree Satyanarayana Spinning Mills Ltd is Venkata Rayapuram Tanuku, West Godavari Dist India, Na, Andhra Pradesh, 534215.
What is the corporate identification number (CIN) and company number of Sree Satyanarayana Spinning Mills Ltd?
The corporate identification number (CIN) of Sree Satyanarayana Spinning Mills Ltd is U18101AP1962PLC000919 and the company number is 000919 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sree Satyanarayana Spinning Mills Ltd?
The Official website of Sree Satyanarayana Spinning Mills Ltd is https://www.sssmills.com
What has been the recent revenue trend for Sree Satyanarayana Spinning Mills Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Sree Satyanarayana Spinning Mills Ltd has fallen by -41.30%.
How many employees does Sree Satyanarayana Spinning Mills Ltd currently have?
As Per 2023 financial reports, 342 employees are currently employed by Sree Satyanarayana Spinning Mills Ltd.
What change has been observed in the net worth of Sree Satyanarayana Spinning Mills Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sree Satyanarayana Spinning Mills Ltd has experienced an downturn of -15.49%.
What are the total open charges for Sree Satyanarayana Spinning Mills Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Sree Satyanarayana Spinning Mills Ltd amount to ₹ 16.34 Cr.
When was the last Balance Sheet of Sree Satyanarayana Spinning Mills Ltd filed with the ROC?
The most recent Balance Sheet for Sree Satyanarayana Spinning Mills Ltd was filed with the ROC on 31 Mar 2023.
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