Srinath Spinners Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
- Paid Up Capital ₹ 5.96 Cr
- Company Age 23 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.33 Cr
- Satisfied Charges ₹ 25.93 Cr
- Revenue Growth 24.25%
- Profit Growth -81.47%
- Ebitda -51.05%
- Net Worth 2.25%
- Total Assets -7.57%
About Srinath Spinners
Srinath Spinners Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 April 2001 and has a history of 23 years and ten months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Srinath Spinners 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 2023. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 5.96 Cr.
The company currently has active open charges totaling ₹6.33 Cr. The company has closed loans amounting to ₹25.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Premkumar, Shree Agarwal, Anita Parekh, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TG2001PTC036595
- Company No.
036595
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Apr 2001
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Srinath Spinners Private Limited offer?
Srinath Spinners Private Limited offers a wide range of products and services, including Yarns & Threads, Cotton Yarn.
Who are the key members and board of directors at Srinath Spinners?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Premkumar  | Managing Director | 19-Apr-2001 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shree Agarwal | Director | 30-Sep-2013 | Current |
| Anita Parekh | Director | 25-Jan-2022 | Current |
| Harsh Singhania | Director | 25-Jan-2022 | Current |
Financial Performance of Srinath Spinners.
Srinath Spinners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.25% increase. The company also saw a substantial fall in profitability, with a 81.47% decrease in profit. The company's net worth moved up by a moderate rise of 2.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Srinath Spinners?
In 2023, Srinath Spinners had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Srinath Spinning Mills Private LimitedPremkumar, Shree Agarwal and 2 more are mutual person
Goldenview Cottons Private LimitedShree Agarwal is a mutual person
- Liable Agency Private Limited
Shree Agarwal is a mutual person
- Reinforce Vintrade Private Limited
Shree Agarwal is a mutual person
- Shri Devji Baba Textiles Private Limited
Shree Agarwal is a mutual person
Charges (Loans)
₹6.33 Cr
₹25.93 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 6.33 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2012 | City Union Bank Limited | ₹6.33 Cr | Open |
| 14 Mar 2012 | City Union Bank Limited | ₹5.00 Cr | Satisfied |
| 19 Oct 2006 | State Bank Of India | ₹20.93 Cr | Satisfied |
How Many Employees Work at Srinath Spinners?
Srinath Spinners has a workforce of 10 employees as of Mar 31, 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 Srinath Spinners, 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 Srinath Spinners'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.
