Sri Varalakshmi Jute Twine Mills Private Limited

Manufactures and trades jute twine, bags, and products with two units.

1990 | Vizianagaram, Andhra Pradesh (India) | Active
Last Updated: December 19, 2024

Sri Varalakshmi Jute Twine Mills Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 8.55 Cr
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 127.42 Cr
  • Satisfied Charges ₹ 3,183.85 Cr
  • Revenue Growth -10.95%
  • Profit Growth -36.70%
  • Ebitda -161.23%
  • Net Worth 1.61%
  • Total Assets -0.65%

About Sri Varalakshmi Jute Twine Mills

Sri Varalakshmi Jute Twine Mills Private Limited (SVJTMPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 December 1990 and has a history of 34 years and one month. Its registered office is in Vizianagaram, 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 2024. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 8.55 Cr.

The company currently has active open charges totaling ₹127.42 Cr. The company has closed loans amounting to ₹3,183.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Grandhi Varalakshmi, Venkata Kotla, Chakka Rao, and One other member serve as directors at the Company.

Company Details

  • Location

    Vizianagaram, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18100AP1990PTC012096

  • Company No.

    012096

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Sri Varalakshmi Jute Twine Mills?

Board Members (4)

Name Designation Appointment Date Status
Grandhi Varalakshmi Country flag representing In Whole-Time Director 01-Apr-2021 Current
Venkata Kotla Country flag representing In Director 19-Feb-2009 Current
Chakka Rao Country flag representing In Director 25-Jun-2014 Current
Annamnaidu Reddi Country flag representing In Director 20-Sep-2023 Current

Financial Performance of Sri Varalakshmi Jute Twine Mills.

Sri Varalakshmi Jute Twine Mills Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 10.95% decrease. The company also saw a substantial fall in profitability, with a 36.7% decrease in profit. The company's net worth moved up by a moderate rise of 1.61%.

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
-10.95%
Revenue from Operations
Total Assets
-0.65%
Profit or Loss
-36.70%
Net Worth
1.61%
EBITDA
-161.23%

What is the Ownership and Shareholding Structure of Sri Varalakshmi Jute Twine Mills?

In 2022, Sri Varalakshmi Jute Twine Mills 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

₹127.42 Cr

Satisfied Charges

₹3,183.85 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 116.65 Cr
  • The Industrial Finance Corporation Of India Ltd. : 4.75 Cr
  • Others : 4.22 Cr
  • The Vysya Bank Ltd. : 1.00 Cr
  • State Bank Of Mysore : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
05 Dec 2022 Others ₹2.16 Cr Open
30 Apr 2022 Idbi Trusteeship Services Limited ₹116.65 Cr Open
07 Jan 2021 Others ₹2.06 Cr Open
31 Mar 2003 State Bank Of Mysore ₹8.00 M Open
30 Aug 1999 The Vysya Bank Ltd. ₹1.00 Cr Open

How Many Employees Work at Sri Varalakshmi Jute Twine Mills?

Unlock and access historical data on people associated with Sri Varalakshmi Jute Twine Mills, 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 Varalakshmi Jute Twine 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 Varalakshmi Jute Twine 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 Varalakshmi Jute Twine Mills

Recent activity within the organization

  • Charges

    A charge registered on 10 Dec 2014 via Charge ID 10540211 with Idbi Trusteeship Services Limited was fully satisfied on 25 Nov 2024.

    25 Nov 2024

  • Annual General Meeting

    Sri Varalakshmi Jute Twine Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sri Varalakshmi Jute Twine Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 260.00 Cr registered on 10 Dec 2014 with Charge ID 10540211 was modified on 08 Jan 2024.

    08 Jan 2024

  • Director Appointment

    Annamnaidu Reddi was appointed as a Director was appointed as a Director on 20 Sep 2023 & has been associated with this company since 1 year 4 months .

    20 Sep 2023

  • Charges

    A charge registered on 17 Nov 2014 via Charge ID 10530819 with Idbi Trusteeship Services Limited was fully satisfied on 18 May 2023.

    18 May 2023

Frequently asked questions

  • Sri Varalakshmi Jute Twine Mills Private Limited was incorporated on 17 Dec 1990.

  • The authorized share capital of Sri Varalakshmi Jute Twine Mills Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 8.55 Cr.

  • Currently 4 directors are associated with Sri Varalakshmi Jute Twine Mills Private Limited.

    • Grandhi Varalakshmi
    • Venkata Suryanarayana Kotla
    • Chakka Srinivasa Rao
    • Annamnaidu Reddi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Varalakshmi Jute Twine Mills Private Limited is Bobbili Road India, Rajam, Andhra Pradesh, 532127.

  • The corporate identification number (CIN) of Sri Varalakshmi Jute Twine Mills Private Limited is U18100AP1990PTC012096 and the company number is 012096 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sri Varalakshmi Jute Twine Mills Private Limited has fallen by -10.95%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sri Varalakshmi Jute Twine Mills Private Limited has experienced an upsurge of 1.61%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sri Varalakshmi Jute Twine Mills Private Limited amount to ₹ 127.42 Cr.

  • The most recent Balance Sheet for Sri Varalakshmi Jute Twine Mills Private Limited was filed with the ROC on 31 Mar 2024.

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