Sreevasa Spinners Private Limited

Manufactures cotton yarn since 2010, based in Telangana.

2010 | Mahabub Nagar, Telangana (India) | Active
Last Updated:

Sreevasa Spinners Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 23.16 Cr
  • Company Age 14 Year, 5 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 five 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

Manufacturing

Who are the key members and board of directors at Sreevasa Spinners?

Executive Team (1)

NameDesignationAppointment DateStatus
Yeswanth Yeluri Country flag representing In CFO10-Feb-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Venkataveerasubba Kummitha Country flag representing In Director 29-Sep-2010Current
Padmanabha Vankadari Country flag representing In Director 16-Aug-2016Current

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%.

Sreevasa Spinners revenue growth over time
Sreevasa Spinners 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
356.89%
Revenue from Operations
352.01%
Total Assets
-10.27%
Profit or Loss
149.15%
Net Worth
4.48%
EBITDA
550.28%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹55.51 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2023Others₹5.00 CrOpen
16 Jul 2011State Bank Of India₹55.51 CrSatisfied

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.

Employee growth trends for Sreevasa Spinners Private Limited

Deals i

Graph showing company valuation over time

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

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 Sreevasa Spinners

Recent activity within the organization

  • Annual General Meeting

    Sreevasa Spinners Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100771437 was registered on 27 May 2023.

  • Balance Sheet

    Sreevasa Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge registered on 16 Jul 2011 via Charge ID 10299891 with State Bank Of India was fully satisfied on 09 Jan 2023.

  • Director Appointment

    Yeswanth Yeluri was appointed as a Cfo was appointed as a Cfo on 10 Feb 2020 & has been associated with this company since 5 years 27 days .

  • Director Appointment

    Padmanabha Gupta Vankadari was appointed as a Director was appointed as a Director on 16 Aug 2016 & has been associated with this company since 8 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Sreevasa Spinners Private Limited?

    Sreevasa Spinners Private Limited was incorporated on 29 Sep 2010.

  • What is authorized share capital and paid-up capital of Sreevasa Spinners Private Limited?

    The authorized share capital of Sreevasa Spinners Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 23.16 Cr.

  • Who are the current board members & directors of Sreevasa Spinners Private Limited?

    Currently 3 directors are associated with Sreevasa Spinners Private Limited.

    • Venkataveerasubba Siva Krishna Murthy Kummitha
    • Padmanabha Gupta Vankadari
    • Yeswanth Yeluri

  • What is the registered address of Sreevasa Spinners Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sreevasa Spinners Private Limited is Sy No 28 36, Addakal Mandal India, Katavaram Village, Telangana, 509382.

  • What is the corporate identification number (CIN) and company number of Sreevasa Spinners Private Limited?

    The corporate identification number (CIN) of Sreevasa Spinners Private Limited is U17120TG2010PTC070638 and the company number is 070638 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sreevasa Spinners Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sreevasa Spinners Private Limited has risen by 356.89%.

  • How many employees does Sreevasa Spinners Private Limited currently have?

    As Per 2022 financial reports, 37 employees are currently employed by Sreevasa Spinners Private Limited.

  • What change has been observed in the net worth of Sreevasa Spinners Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sreevasa Spinners Private Limited has experienced an upsurge of 4.48%.

  • What are the total open charges for Sreevasa Spinners Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sreevasa Spinners Private Limited amount to ₹ 5.00 Cr.

  • When was the last Balance Sheet of Sreevasa Spinners Private Limited filed with the ROC?

    The most recent Balance Sheet for Sreevasa Spinners Private Limited was filed with the ROC on 31 Mar 2023.

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