Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited

Manufacturer of cotton yarn with 20,400 spindles, selling domestically. Offers various types of cotton yarn.

2005 | Guntur, Andhra Pradesh (India) | Active
Last Updated: November 16, 2024

Sri Venkata Lakshmi Narasimha Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 7.39 Cr
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 29.81 Cr
  • Satisfied Charges ₹ 2.10 Cr
  • Revenue Growth -14.85%
  • Profit Growth -29.89%
  • Ebitda 13.73%
  • Net Worth 2.66%
  • Total Assets -4.86%

About Sri Venkata Lakshmi Narasimha Spinning Mills

Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited (SVLNSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 2005 and has a history of 19 years and seven 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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 7.39 Cr.

The company currently has active open charges totaling ₹29.81 Cr. The company has closed loans amounting to ₹2.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Maddali Kiran and Lakshmi Maddali 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

    U18100AP2005PTC046969

  • Company No.

    046969

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 2005

  • 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 Venkata Lakshmi Narasimha Spinning Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Maddali Kiran Country flag representing In Managing Director18-Jun-2020Current

Board Members (1)

NameDesignationAppointment DateStatus
Lakshmi Maddali Country flag representing In Additional Director 26-Jun-2024Current

Financial Performance of Sri Venkata Lakshmi Narasimha Spinning Mills.

Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.85% decrease. The company also saw a substantial fall in profitability, with a 29.89% decrease in profit. The company's net worth moved up by a moderate rise of 2.66%.

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
-14.85%
Revenue from Operations
-15.04%
Total Assets
-4.86%
Profit or Loss
-29.89%
Net Worth
2.66%
EBITDA
13.73%

What is the Ownership and Shareholding Structure of Sri Venkata Lakshmi Narasimha Spinning Mills?

In 2023, Sri Venkata Lakshmi Narasimha Spinning Mills had a promoter holding of 92.49% and a public holding of 7.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.81 Cr

Satisfied Charges

₹2.10 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 29.81 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jun 2017State Bank Of India₹1.29 MOpen
15 Mar 2006State Bank Of India₹29.68 CrOpen
08 Apr 2020Others₹2.10 CrSatisfied

How Many Employees Work at Sri Venkata Lakshmi Narasimha Spinning Mills?

Sri Venkata Lakshmi Narasimha Spinning Mills has a workforce of 94 employees as of Apr 07, 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 Venkata Lakshmi Narasimha 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 Venkata Lakshmi Narasimha 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 Venkata Lakshmi Narasimha Spinning Mills

Recent activity within the organization

  • Annual General Meeting

    Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Lakshmi Annapurna Venkata Maddali was appointed as a Additional Director was appointed as a Additional Director on 26 Jun 2024 & has been associated with this company since 8 months .

    26 Jun 2024

  • Balance Sheet

    Sri Venkata Lakshmi Narasimha Spinning 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 State Bank Of India of Rs. 29.68 Cr registered on 15 Mar 2006 with Charge ID 80019230 was modified on 16 Aug 2022.

    16 Aug 2022

  • Charges

    A charge registered on 08 Apr 2020 via Charge ID 100338452 with Others was fully satisfied on 25 Sep 2020.

    25 Sep 2020

  • Director Appointment

    Maddali Venkata Pavan Ravi Kiran was appointed as a Managing Director was appointed as a Managing Director on 18 Jun 2020 & has been associated with this company since 4 years 8 months .

    18 Jun 2020

Frequently asked questions

  • Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited was incorporated on 26 Jul 2005.

  • The authorized share capital of Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.39 Cr.

  • Currently 2 directors are associated with Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited.

    • Maddali Venkata Pavan Ravi Kiran
    • Lakshmi Annapurna Venkata Maddali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited is D No. 19/8/97. Etukur Roadsuryadevara Estate Last India, Guntur, Andhra Pradesh, 522003.

  • The corporate identification number (CIN) of Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited is U18100AP2005PTC046969 and the company number is 046969 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited has fallen by -14.85%.

  • As Per 2023 financial reports, 94 employees are currently employed by Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited has experienced an upsurge of 2.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited amount to ₹ 29.81 Cr.

  • The most recent Balance Sheet for Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited was filed with the ROC on 31 Mar 2024.

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