Sri Srinivasa Spin Tex (India) Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 20.72 Cr
- Company Age 18 Year, 7 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 160.96 Cr
- Satisfied Charges ₹ 6.00 Cr
- Revenue Growth -36.07%
- Profit Growth -2277.48%
- Ebitda -209.38%
- Net Worth -64.79%
- Total Assets -19.36%
About Sri Srinivasa Spin Tex (India)
Sri Srinivasa Spin Tex (India) Limited (SSSTIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 July 2006 and has a history of 18 years and seven months. Its registered office is in Godavari, Andhra Pradesh, India.
The Corporate was formerly known as Sri Srinivasa Spin-Tex Private Limited. 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 2020. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 20.72 Cr.
The company currently has active open charges totaling ₹160.96 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sri Srinivasa Spin Tex (India) Limited India is Srinivasarao Surapareddy as CFO. Konda Ethakota, Hema Eethakota, and Veera Eethakota serve as directors at the Company.
Company Details
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Location
Godavari, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TG2006PLC050573
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Company No.
050573
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
07 Jul 2006
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Date of AGM
31 Dec 2020
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Date of Balance Sheet
31 Mar 2020
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Sri Srinivasa Spin Tex (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Konda Ethakota
|
Managing Director | 07-Jul-2006 | Current |
| Srinivasarao Surapareddy | CFO | 01-Apr-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Hema Eethakota
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Whole-Time Director | 12-Jan-2009 | Current |
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Veera Eethakota
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Director | 12-May-2008 | Current |
Financial Performance of Sri Srinivasa Spin Tex (India).
Sri Srinivasa Spin Tex (India) Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 36.07% decrease. The company also saw a substantial fall in profitability, with a 2277.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 64.79%.
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What is the Ownership and Shareholding Structure of Sri Srinivasa Spin Tex (India)?
In 2018, Sri Srinivasa Spin Tex (India) had a promoter holding of 70.99% and a public holding of 29.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹160.96 Cr
₹6.00 Cr
Charges Breakdown by Lending Institutions
- Others : 150.96 Cr
- Union Bank Of India : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2018 | Others | ₹3.00 Cr | Open |
| 31 Oct 2018 | Others | ₹10.00 Cr | Open |
| 07 Oct 2017 | Others | ₹5.00 Cr | Open |
| 28 Nov 2016 | Others | ₹10.00 Cr | Open |
| 17 Mar 2016 | Others | ₹6.60 Cr | Open |
How Many Employees Work at Sri Srinivasa Spin Tex (India)?
Sri Srinivasa Spin Tex (India) has a workforce of 57 employees as of Apr 03, 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 Sri Srinivasa Spin Tex (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 Srinivasa Spin Tex (India)'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.
