Sree Sreenivasa Textile Processing Private Limited

Textile processing company with suspended operations due to pollution control restrictions.

1970 | Bangalore Rural, Karnataka (India) | Active
Last Updated: June 26, 2022

Sree Sreenivasa Textile Processing Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.76 Cr
  • Company Age 54 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 13.57 Cr
  • Satisfied Charges ₹ 4.15 Cr
  • Revenue Growth 42.21%
  • Profit Growth -0.04%
  • Ebitda -162.29%
  • Net Worth 6.44%
  • Total Assets 8.59%

About Sree Sreenivasa Textile Processing

Sree Sreenivasa Textile Processing Private Limited (SSTPPL) was founded in India on 20 August 1970 and has a glorious history of 54 years and five months.Its registered office is in Bangalore Rural, Karnataka, India.

The Corporate was formerly known as Sree Sreenivasa Textile Processing 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 2021. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.76 Cr.

The company currently has active open charges totaling ₹13.57 Cr. The company has closed loans amounting to ₹4.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manoharmal Bhandari, Vimala Bhandari, Jitendrakumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore Rural, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1970PLC001939

  • Company No.

    001939

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1970

  • Date of AGM

    29 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc-Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Sree Sreenivasa Textile Processing?

Executive Team (1)

Name Designation Appointment Date Status
Manoharmal Bhandari Country flag representing In Managing Director 16-Jan-1992 Current

Board Members (3)

Name Designation Appointment Date Status
Vimala Bhandari Country flag representing In Director 16-Jan-1992 Current
Jitendrakumar Country flag representing In Wholetime Director 01-Oct-2007 Current
Rajendra Bhandari Country flag representing In Wholetime Director 01-Apr-2008 Current

Financial Performance of Sree Sreenivasa Textile Processing.

Sree Sreenivasa Textile Processing Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 42.21% increase. The company also saw a slight decrease in profitability, with a 0.04% decrease in profit. The company's net worth moved up by a moderate rise of 6.44%.

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
42.21%
Revenue from Operations
-15.54%
Total Assets
8.59%
Profit or Loss
-0.04%
Net Worth
6.44%
EBITDA
-162.29%

What is the Ownership and Shareholding Structure of Sree Sreenivasa Textile Processing?

In 2019, Sree Sreenivasa Textile Processing had a promoter holding of 43.05% and a public holding of 56.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.57 Cr

Satisfied Charges

₹4.15 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 13.57 Cr

Latest Charge Details

Date Lender Amount Status
10 May 2022 Axis Bank Limited ₹5.00 Cr Open
31 Dec 2020 Axis Bank Limited ₹4.25 Cr Open
16 Mar 2019 Axis Bank Limited ₹4.32 Cr Open
29 Sep 2006 Vijaya Bank ₹4.15 Cr Satisfied

How Many Employees Work at Sree Sreenivasa Textile Processing?

Sree Sreenivasa Textile Processing has a workforce of 1 employees as of Apr 09, 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 Sreenivasa Textile Processing, 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 Sreenivasa Textile Processing'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 Sreenivasa Textile Processing

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100573675 was registered on 10 May 2022.

    10 May 2022

  • Annual General Meeting

    Sree Sreenivasa Textile Processing Private Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records.

    29 Nov 2021

  • Balance Sheet

    Sree Sreenivasa Textile Processing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with RoC-Bangalore.

    31 Mar 2021

  • Charges

    A charge with Axis Bank Limited of Rs. 4.32 Cr registered on 16 Mar 2019 with Charge ID 100245406 was modified on 27 Jan 2021.

    27 Jan 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.25 Cr with Charge ID 100401936 was registered on 31 Dec 2020.

    31 Dec 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.32 Cr with Charge ID 100245406 was registered on 16 Mar 2019.

    16 Mar 2019

Frequently asked questions

  • Sree Sreenivasa Textile Processing Private Limited was incorporated on 20 Aug 1970.

  • The authorized share capital of Sree Sreenivasa Textile Processing Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.76 Cr.

  • Currently 4 directors are associated with Sree Sreenivasa Textile Processing Private Limited.

    • Manoharmal Thanmal Bhandari
    • Vimala Bhandari
    • Jitendrakumar
    • Rajendra Kumar Bhandari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sree Sreenivasa Textile Processing Private Limited is Dasanapura Bangalore North Taluk, Bangalore., Karnataka, India, 562123.

  • The corporate identification number (CIN) of Sree Sreenivasa Textile Processing Private Limited is U85110KA1970PLC001939 and the company number is 001939 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sree Sreenivasa Textile Processing Private Limited has risen by 42.21%.

  • As Per 2021 financial reports, 1 employees are currently employed by Sree Sreenivasa Textile Processing Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sree Sreenivasa Textile Processing Private Limited has experienced an upsurge of 6.44%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Sree Sreenivasa Textile Processing Private Limited amount to ₹ 13.57 Cr.

  • The most recent Balance Sheet for Sree Sreenivasa Textile Processing Private Limited was filed with the ROC on 31 Mar 2021.

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