Sreenidhi Spintex Private Limited
Founded in 2011 and headquartered in Telangana, India.
2011 | Hyderabad, Telangana (India) | Active
Sreenidhi Spintex Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.77 Cr
- Company Age 13 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.13 Cr
- Satisfied Charges ₹ 31.88 Cr
- Revenue Growth -12.46%
- Profit Growth -80.77%
- Ebitda 2.85%
- Net Worth 0.73%
- Total Assets -2.62%
About Sreenidhi Spintex
Sreenidhi Spintex Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 April 2011 and has a history of 13 years and ten months. Its registered office is in Hyderabad, Telangana, 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 8.00 Cr and a paid-up capital of Rs 7.77 Cr.
The company currently has active open charges totaling ₹30.13 Cr. The company has closed loans amounting to ₹31.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vishnu Pothireddy, Rama Pothireddy, Pothureddy Reddy, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17200TG2011PTC074164
- Company No.
074164
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Apr 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Manufacturing
What products or services does Sreenidhi Spintex Private Limited offer?
Sreenidhi Spintex Private Limited offers a wide range of products and services, including Yarns & Threads, Cotton Yarn.
Who are the key members and board of directors at Sreenidhi Spintex?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishnu Pothireddy  | Managing Director | 28-Apr-2011 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rama Pothireddy | Director | 28-Apr-2011 | Current |
| Pothureddy Reddy | Director | 28-Apr-2011 | Current |
| Pothula Laxmikanthamma | Director | 28-Apr-2011 | Current |
Financial Performance of Sreenidhi Spintex.
Sreenidhi Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.46% decrease. The company also saw a substantial fall in profitability, with a 80.77% decrease in profit. The company's net worth moved up by a moderate rise of 0.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sreenidhi Spintex?
In 2023, Sreenidhi Spintex had a promoter holding of 79.72% and a public holding of 20.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹30.13 Cr
Satisfied Charges
₹31.88 Cr
Charges Breakdown by Lending Institutions
- Others : 27.73 Cr
- Andhra Pradesh State Financial Corporation : 2.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 2023 | Others | ₹8.00 Cr | Open |
| 08 Mar 2022 | Others | ₹19.73 Cr | Open |
| 11 Sep 2013 | Andhra Pradesh State Financial Corporation | ₹2.40 Cr | Open |
| 19 Apr 2021 | Others | ₹5.00 Cr | Satisfied |
| 28 Aug 2020 | Others | ₹8.45 M | Satisfied |
How Many Employees Work at Sreenidhi Spintex?
Sreenidhi Spintex has a workforce of 93 employees as of Apr 06, 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 Sreenidhi Spintex, 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 Sreenidhi Spintex'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
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.
