Sri Venkata Sivaparvathi Spinning Mills Private Limited

Textile company producing cotton yarn for export and domestic markets with 56,064 spindles in Andhra Pradesh.

2003 | Guntur, Andhra Pradesh (India) | Active
Last Updated:

Sri Venkata Sivaparvathi Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 292.25 Cr
  • Satisfied Charges ₹ 337.16 Cr
  • Revenue Growth -34.46%
  • Profit Growth -184.99%
  • Ebitda -18.14%
  • Net Worth -3.22%
  • Total Assets 5.64%

About Sri Venkata Sivaparvathi Spinning Mills

Sri Venkata Sivaparvathi Spinning Mills Private Limited (SVSSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 May 2003 and has a history of 21 years and ten 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 15.00 Cr and a paid-up capital of Rs 15.00 Cr.

The company currently has active open charges totaling ₹292.25 Cr. The company has closed loans amounting to ₹337.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sri Venkata Sivaparvathi Spinning Mills Private Limited India is Bhoomika Sharma as COMPANY SECRETARY. Maddali Poornima, Maddali Vinuth, and Giridhararao 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

    U17111AP2003PTC040926

  • Company No.

    040926

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 May 2003

  • 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 Venkata Sivaparvathi Spinning Mills?

Executive Team (2)

NameDesignationAppointment DateStatus
Bhoomika Sharma Company Secretary01-Aug-2023Current
Giridhararao Maddali Country flag representing In Managing Director01-May-2003Current

Board Members (2)

NameDesignationAppointment DateStatus
Maddali Poornima Country flag representing In Director 06-May-2022Current
Maddali Vinuth Country flag representing In Director 10-Feb-2017Current

Financial Performance of Sri Venkata Sivaparvathi Spinning Mills.

Sri Venkata Sivaparvathi Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.46% decrease. The company also saw a substantial fall in profitability, with a 184.99% decrease in profit. The company's net worth dipped by a decrease of 3.22%.

Sri Venkata Sivaparvathi Spinning Mills revenue growth over time
Sri Venkata Sivaparvathi Spinning Mills 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
-34.46%
Revenue from Operations
-34.60%
Total Assets
5.64%
Profit or Loss
-184.99%
Net Worth
-3.22%
EBITDA
-18.14%

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

In 2023, Sri Venkata Sivaparvathi Spinning Mills had a promoter holding of 98.19% and a public holding of 1.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹292.25 Cr

Satisfied Charges

₹337.16 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 164.54 Cr
  • Sbicap Trustee Company Limited : 111.81 Cr
  • Hdfc Bank Limited : 15.26 Cr
  • Tamilnad Mercantile Bank Limited : 0.65 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2024Hdfc Bank Limited₹14.00 CrOpen
21 Feb 2024Sbicap Trustee Company Limited₹111.81 CrOpen
18 May 2023State Bank Of India₹124.54 CrOpen
14 Nov 2022Hdfc Bank Limited₹3.52 MOpen
09 Nov 2022State Bank Of India₹40.00 CrOpen

How Many Employees Work at Sri Venkata Sivaparvathi Spinning Mills?

Sri Venkata Sivaparvathi Spinning Mills has a workforce of 186 employees as of Apr 02, 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.

Employee growth trends for Sri Venkata Sivaparvathi Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Venkata Sivaparvathi 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 Sivaparvathi 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 Sivaparvathi Spinning Mills

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100881440 was registered on 29 Feb 2024.

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 111.81 Cr with Charge ID 100883344 was registered on 21 Feb 2024.

  • Charges

    A charge registered on 17 Feb 2022 via Charge ID 100548081 with Hdfc Bank Limited was fully satisfied on 06 Dec 2023.

  • Annual General Meeting

    Sri Venkata Sivaparvathi Spinning Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Bhoomika Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2023 & has been associated with this company since 1 year 7 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 124.54 Cr with Charge ID 100729457 was registered on 18 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Sri Venkata Sivaparvathi Spinning Mills Private Limited?

    Sri Venkata Sivaparvathi Spinning Mills Private Limited was incorporated on 01 May 2003.

  • What is authorized share capital and paid-up capital of Sri Venkata Sivaparvathi Spinning Mills Private Limited?

    The authorized share capital of Sri Venkata Sivaparvathi Spinning Mills Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 15.00 Cr.

  • Who are the current board members & directors of Sri Venkata Sivaparvathi Spinning Mills Private Limited?

    Currently 4 directors are associated with Sri Venkata Sivaparvathi Spinning Mills Private Limited.

    • Bhoomika Sharma
    • Maddali Naga Venkata Poornima
    • Maddali Krishna Vinuth
    • Giridhararao Maddali

  • What is the registered address of Sri Venkata Sivaparvathi Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sri Venkata Sivaparvathi Spinning Mills Private Limited is D.No.19-8-97Near Suryadevara Estates Etukuru Road, Guntur, Andhra Pradesh, India, 522003.

  • What is the corporate identification number (CIN) and company number of Sri Venkata Sivaparvathi Spinning Mills Private Limited?

    The corporate identification number (CIN) of Sri Venkata Sivaparvathi Spinning Mills Private Limited is U17111AP2003PTC040926 and the company number is 040926 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sri Venkata Sivaparvathi Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sri Venkata Sivaparvathi Spinning Mills Private Limited has fallen by -34.46%.

  • How many employees does Sri Venkata Sivaparvathi Spinning Mills Private Limited currently have?

    As Per 2023 financial reports, 186 employees are currently employed by Sri Venkata Sivaparvathi Spinning Mills Private Limited.

  • What change has been observed in the net worth of Sri Venkata Sivaparvathi Spinning Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sri Venkata Sivaparvathi Spinning Mills Private Limited has experienced an downturn of -3.22%.

  • What are the total open charges for Sri Venkata Sivaparvathi Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sri Venkata Sivaparvathi Spinning Mills Private Limited amount to ₹ 292.25 Cr.

  • When was the last Balance Sheet of Sri Venkata Sivaparvathi Spinning Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Sri Venkata Sivaparvathi Spinning Mills Private Limited was filed with the ROC on 31 Mar 2023.

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