Sreevasa Spinners Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
- Paid Up Capital ₹ 23.16 Cr
- Company Age 14 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 55.51 Cr
- Revenue Growth 356.89%
- Profit Growth 149.15%
- Ebitda 550.28%
- Net Worth 4.48%
- Total Assets -10.27%
About Sreevasa Spinners
Sreevasa Spinners Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 September 2010 and has a history of 14 years and four months. Its registered office is in Mahabub Nagar, 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 24.00 Cr and a paid-up capital of Rs 23.16 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹55.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sreevasa Spinners Private Limited India is Yeswanth Yeluri as CFO. Venkataveerasubba Kummitha and Padmanabha Vankadari serve as directors at the Company.
Company Details
- Location
Mahabub Nagar, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17120TG2010PTC070638
- Company No.
070638
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Sep 2010
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Sreevasa Spinners?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yeswanth Yeluri  | CFO | 10-Feb-2020 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkataveerasubba Kummitha | Director | 29-Sep-2010 | Current |
| Padmanabha Vankadari | Director | 16-Aug-2016 | Current |
Financial Performance of Sreevasa Spinners.
Sreevasa Spinners Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 356.89% increase. The company also saw a substantial improvement in profitability, with a 149.15% increase in profit. The company's net worth moved up by a moderate rise of 4.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Sreevasa Spinners?
In 2023, Sreevasa Spinners had a promoter holding of 23.29% and a public holding of 76.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Viswa Santosh Enterprises Private LimitedVenkataveerasubba Kummitha is a mutual person
- Ksm Commodities Private Limited
Venkataveerasubba Kummitha is a mutual person
- Telangana Spinning & Textile Mills Association
Venkataveerasubba Kummitha is a mutual person
Charges (Loans)
₹5.00 Cr
₹55.51 Cr
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2023 | Others | ₹5.00 Cr | Open |
| 16 Jul 2011 | State Bank Of India | ₹55.51 Cr | Satisfied |
How Many Employees Work at Sreevasa Spinners?
Sreevasa Spinners has a workforce of 37 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 Sreevasa Spinners, 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 Sreevasa Spinners'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.
