Sri Ram Spinning Mills Ltd

Produces and trades cotton yarn in various counts with expansion plans for increased capacity.

1992 | Hyderabad, Telangana (India) | Active
Last Updated: July 04, 2024

Sri Ram Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.95 Cr
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 22.35 Cr
  • Satisfied Charges ₹ 36.22 Cr
  • Revenue Growth 1.88%
  • Profit Growth -78.73%
  • Ebitda -24.27%
  • Net Worth 4.31%
  • Total Assets -2.17%

About Sri Ram Spinning Mills

Sri Ram Spinning Mills Ltd (SRSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 October 1992 and has a history of 32 years and three months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Sri Ram Spinning Mills Pvt Ltd. 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 10.00 Cr and a paid-up capital of Rs 9.95 Cr.

The company currently has active open charges totaling ₹22.35 Cr. The company has closed loans amounting to ₹36.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pushpa Sancheti, Kiran Sancheti, Amit Sancheti, 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

    U18100TG1992PLC014941

  • Company No.

    014941

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1992

  • 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 Sri Ram Spinning Mills Ltd offer?

Sri Ram Spinning Mills Ltd offers a wide range of products and services, including Textile Processing Machines, Textile Blow Room Machine, Industrial Machinery, Simplex Plodder Machine, Wire Machinery, Wire Drawing Machines, Apparel & Textile Machinery, Fiber Opening Machine, Carding Machines.

Who are the key members and board of directors at Sri Ram Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Sushil Sancheti Country flag representing In Managing Director29-Sep-1997Current

Board Members (3)

NameDesignationAppointment DateStatus
Kiran Sancheti Country flag representing In Director 20-Mar-2017Current
Pushpa Sancheti Country flag representing In Director 28-Mar-2015Current
Amit Sancheti Country flag representing In Director 16-Aug-2002Current

Financial Performance of Sri Ram Spinning Mills.

Sri Ram Spinning Mills Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 1.88% increase. The company also saw a substantial fall in profitability, with a 78.73% decrease in profit. The company's net worth moved up by a moderate rise of 4.31%.

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
1.88%
Revenue from Operations
2.18%
Total Assets
-2.17%
Profit or Loss
-78.73%
Net Worth
4.31%
EBITDA
-24.27%

What is the Ownership and Shareholding Structure of Sri Ram Spinning Mills?

In 2023, Sri Ram Spinning Mills had a promoter holding of 91.39% and a public holding of 8.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.35 Cr

Satisfied Charges

₹36.22 Cr

Charges Breakdown by Lending Institutions

  • Others : 22.16 Cr
  • Hdfc Bank Limited : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jul 2023Others₹1.00 CrOpen
29 Nov 2022Others₹2.01 MOpen
27 Jun 2022Others₹2.22 CrOpen
25 Jun 2022Others₹1.74 CrOpen
14 Jun 2022Others₹17.00 CrOpen

How Many Employees Work at Sri Ram Spinning Mills?

Sri Ram Spinning Mills has a workforce of 197 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Ram 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 Sri Ram Spinning Mills'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 Sri Ram Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Sri Ram Spinning Mills Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100759298 was registered on 14 Jul 2023.

    14 Jul 2023

  • Balance Sheet

    Sri Ram Spinning Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 17.00 Cr registered on 14 Jun 2022 with Charge ID 100599631 was modified on 20 Mar 2023.

    20 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100689949 was registered on 29 Nov 2022.

    29 Nov 2022

  • Charges

    A charge registered on 29 Feb 1996 via Charge ID 90139011 with State Bank Of India was fully satisfied on 28 Nov 2022.

    28 Nov 2022

Frequently asked questions

  • Sri Ram Spinning Mills Ltd was incorporated on 27 Oct 1992.

  • The authorized share capital of Sri Ram Spinning Mills Ltd is ₹ 10.00 Cr and paid-up capital is ₹ 9.95 Cr.

  • Currently 4 directors are associated with Sri Ram Spinning Mills Ltd.

    • Pushpa Sancheti
    • Kiran Sancheti
    • Amit Kumar Sancheti
    • Sushil Kumar Sancheti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Ram Spinning Mills Ltd is H.No 5-9-30/5 Paigah Plaza 703 7Th Floor Basheerbagh, Hyderabad, Telangana, India, 500063.

  • The corporate identification number (CIN) of Sri Ram Spinning Mills Ltd is U18100TG1992PLC014941 and the company number is 014941 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Ram Spinning Mills Ltd is https://www.ramspg.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Ram Spinning Mills Ltd has risen by 1.88%.

  • As Per 2023 financial reports, 197 employees are currently employed by Sri Ram Spinning Mills Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Ram Spinning Mills Ltd has experienced an upsurge of 4.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Ram Spinning Mills Ltd amount to ₹ 22.35 Cr.

  • The most recent Balance Sheet for Sri Ram Spinning Mills Ltd was filed with the ROC on 31 Mar 2023.

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