Sri Saibalaji Spintex (India) Private Limited

Processes cotton bales into yarn with 27,360 spindles in Andhra Pradesh.

2010 | Guntur, Andhra Pradesh (India) | Active
Last Updated: October 24, 2024

Sri Saibalaji Spintex (India) Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 17.35 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 122.47 Cr
  • Revenue Growth -11.51%
  • Profit Growth -135.49%
  • Ebitda -76.16%
  • Net Worth -3.58%
  • Total Assets -7.54%

About Sri Saibalaji Spintex (India)

Sri Saibalaji Spintex (India) Private Limited (SSSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 April 2010 and has a history of 14 years and nine months. Its registered office is in Guntur, Andhra Pradesh, 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 18.00 Cr and a paid-up capital of Rs 17.35 Cr.

The company currently has active open charges totaling ₹122.47 Cr.

The Key Managerial Personnel (KMP) at Sri Saibalaji Spintex (India) Private Limited India is Simran Agrawal as COMPANY SECRETARY. Venkata Nadella and Padmavathi Nadella serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17291AP2010PTC067876

  • Company No.

    067876

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Sri Saibalaji Spintex (India)?

Executive Team (2)

Name Designation Appointment Date Status
Venkata Nadella Country flag representing In Managing Director 08-Apr-2010 Current
Simran Agrawal Company Secretary 30-Aug-2024 Current

Board Members (1)

Name Designation Appointment Date Status
Padmavathi Nadella Country flag representing In Director 19-May-2010 Current

Financial Performance of Sri Saibalaji Spintex (India).

Sri Saibalaji Spintex (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.51% decrease. The company also saw a substantial fall in profitability, with a 135.49% decrease in profit. The company's net worth dipped by a decrease of 3.58%.

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
-11.51%
Revenue from Operations
-11.50%
Total Assets
-7.54%
Profit or Loss
-135.49%
Net Worth
-3.58%
EBITDA
-76.16%

What is the Ownership and Shareholding Structure of Sri Saibalaji Spintex (India)?

In 2023, Sri Saibalaji Spintex (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹122.47 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 80.37 Cr
  • Others : 42.10 Cr

Latest Charge Details

Date Lender Amount Status
11 Jan 2023 Bank Of India ₹7.50 Cr Open
10 Jul 2020 Others ₹2.50 Cr Open
04 Jun 2020 Others ₹39.60 Cr Open
09 Sep 2010 Bank Of India ₹72.87 Cr Open

How Many Employees Work at Sri Saibalaji Spintex (India)?

Unlock and access historical data on people associated with Sri Saibalaji Spintex (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Saibalaji Spintex (India), 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 Saibalaji Spintex (India)'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 Saibalaji Spintex (India)

Recent activity within the organization

  • Director Appointment

    Simran Agrawal was appointed as a Company Secretary was appointed as a Company Secretary on 30 Aug 2024 & has been associated with this company since 5 months 3 days .

    30 Aug 2024

  • Annual General Meeting

    Sri Saibalaji Spintex (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sri Saibalaji Spintex (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 7.50 Cr with Charge ID 100670729 was registered on 11 Jan 2023.

    11 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100357701 was registered on 10 Jul 2020.

    10 Jul 2020

  • Charges

    A charge with Others amounted to Rs. 39.60 Cr with Charge ID 100340835 was registered on 04 Jun 2020.

    04 Jun 2020

Frequently asked questions

  • Sri Saibalaji Spintex (India) Private Limited was incorporated on 08 Apr 2010.

  • The authorized share capital of Sri Saibalaji Spintex (India) Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 17.35 Cr.

  • Currently 3 directors are associated with Sri Saibalaji Spintex (India) Private Limited.

    • Venkata Nageswara Rao Nadella
    • Padmavathi Nadella
    • Simran Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Saibalaji Spintex (India) Private Limited is 403 Unnava Village Edlapadu Mandal, India, Edlapdu, Andhra Pradesh, 522233.

  • The corporate identification number (CIN) of Sri Saibalaji Spintex (India) Private Limited is U17291AP2010PTC067876 and the company number is 067876 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Saibalaji Spintex (India) Private Limited has fallen by -11.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Saibalaji Spintex (India) Private Limited has experienced an downturn of -3.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Saibalaji Spintex (India) Private Limited amount to ₹ 122.47 Cr.

  • The most recent Balance Sheet for Sri Saibalaji Spintex (India) Private Limited was filed with the ROC on 31 Mar 2023.

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