Sri Vaishnavi Spintex (India) Private Limited

Manufactures carded cotton yarn with 17,280 spindles, established in 2010.

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

Sri Vaishnavi Spintex (India) Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 16.65 Cr
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 29.07 Cr
  • Satisfied Charges ₹ 28.00 Cr
  • Revenue Growth -42.29%
  • Profit Growth -181.23%
  • Ebitda -46.93%
  • Net Worth -7.96%
  • Total Assets 12.45%

About Sri Vaishnavi Spintex (India)

Sri Vaishnavi Spintex (India) Private Limited (SVSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 May 2010 and has a history of 14 years and eight months. Its registered office is in Godavari, 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 17.00 Cr and a paid-up capital of Rs 16.65 Cr.

The company currently has active open charges totaling ₹29.07 Cr. The company has closed loans amounting to ₹28.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sri Vaishnavi Spintex (India) Private Limited India is Achita Malhotra as COMPANY SECRETARY. Srinivas Reddy, Venkatakrishnababu Reddy, and Ranga Reddy serve as directors at the Company.

Company Details

  • Location

    Godavari, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17100AP2010PTC068502

  • Company No.

    068502

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 May 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 Vaishnavi Spintex (India)?

Executive Team (2)

Name Designation Appointment Date Status
Ranga Reddy Country flag representing In Managing Director 10-Aug-2019 Current
Achita Malhotra Country flag representing In Company Secretary 25-Sep-2022 Current

Board Members (2)

Name Designation Appointment Date Status
Srinivas Reddy Country flag representing In Director 10-Aug-2019 Current
Venkatakrishnababu Reddy Country flag representing In Director 10-Aug-2019 Current

Financial Performance of Sri Vaishnavi Spintex (India).

Sri Vaishnavi Spintex (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.29% decrease. The company also saw a substantial fall in profitability, with a 181.23% decrease in profit. The company's net worth dipped by a decrease of 7.96%.

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
-42.29%
Revenue from Operations
-42.51%
Total Assets
12.45%
Profit or Loss
-181.23%
Net Worth
-7.96%
EBITDA
-46.93%

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

In 2023, Sri Vaishnavi Spintex (India) had a public 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

₹29.07 Cr

Satisfied Charges

₹28.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 26.81 Cr
  • Sidbi : 2.00 Cr
  • Hdfc Bank Limited : 0.26 Cr

Latest Charge Details

Date Lender Amount Status
17 Aug 2022 Sidbi ₹2.00 Cr Open
16 Jun 2022 Hdfc Bank Limited ₹2.62 M Open
12 Jan 2012 State Bank Of India ₹26.81 Cr Open
29 Jul 2017 Others ₹5.00 Cr Satisfied
29 Dec 2015 Andhra Pradesh State Financial Corporation ₹3.00 Cr Satisfied

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

Sri Vaishnavi Spintex (India) has a workforce of 29 employees as of Apr 08, 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 Vaishnavi 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 Vaishnavi 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 Vaishnavi Spintex (India)

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Sidbi of Rs. 2.00 Cr registered on 17 Aug 2022 with Charge ID 100604212 was modified on 26 Jun 2023.

    26 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Achita Malhotra was appointed as a Company Secretary was appointed as a Company Secretary on 25 Sep 2022 & has been associated with this company since 2 years 4 months .

    25 Sep 2022

  • Charges

    A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 100604212 was registered on 17 Aug 2022.

    17 Aug 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100587017 was registered on 16 Jun 2022.

    16 Jun 2022

Frequently asked questions

  • Sri Vaishnavi Spintex (India) Private Limited was incorporated on 20 May 2010.

  • The authorized share capital of Sri Vaishnavi Spintex (India) Private Limited is ₹ 17.00 Cr and paid-up capital is ₹ 16.65 Cr.

  • Currently 4 directors are associated with Sri Vaishnavi Spintex (India) Private Limited.

    • Srinivas Reddy
    • Venkatakrishnababu Reddy
    • Ranga Babu Reddy
    • Achita Malhotra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Vaishnavi Spintex (India) Private Limited is D.No.2-21, Main Road Kolanapalli Kalla Mandal India, West Godavari, Andhra Pradesh, 534237.

  • The corporate identification number (CIN) of Sri Vaishnavi Spintex (India) Private Limited is U17100AP2010PTC068502 and the company number is 068502 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Vaishnavi Spintex (India) Private Limited is https://www.vaishnavispintex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Vaishnavi Spintex (India) Private Limited has fallen by -42.29%.

  • As Per 2023 financial reports, 29 employees are currently employed by Sri Vaishnavi Spintex (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Vaishnavi Spintex (India) Private Limited has experienced an downturn of -7.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Vaishnavi Spintex (India) Private Limited amount to ₹ 29.07 Cr.

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

People also Viewed

Similar Companies Based on Textile & Fabric Production