Srinath Spinners Private Limited

Produces high-quality cotton yarns in various sizes and types.

2001 | Hyderabad, Telangana (India) | Active
Last Updated:

Srinath Spinners Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 5.96 Cr
  • Company Age 24 Year, 22 Days
  • 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 24 years. 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

Manufacturing

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.

Company report

Srinath Spinners Private Limited

Explore comprehensive data for Srinath Spinners Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Srinath Spinners?

Executive Team (1)

NameDesignationAppointment DateStatus
Premkumar Country flag representing In Managing Director19-Apr-2001Current

Board Members (3)

NameDesignationAppointment DateStatus
Shree Agarwal Country flag representing In Director 30-Sep-2013Current
Anita Parekh Country flag representing In Director 25-Jan-2022Current
Harsh Singhania Country flag representing In Director 25-Jan-2022Current

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%.

Srinath Spinners revenue growth over time
Srinath Spinners 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
24.25%
Revenue from Operations
24.37%
Total Assets
-7.57%
Profit or Loss
-81.47%
Net Worth
2.25%
EBITDA
-51.05%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.33 Cr

Satisfied Charges

₹25.93 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 6.33 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2012City Union Bank Limited₹6.33 CrOpen
14 Mar 2012City Union Bank Limited₹5.00 CrSatisfied
19 Oct 2006State Bank Of India₹20.93 CrSatisfied

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.

Employee growth trends for Srinath Spinners Private Limited

Deals i

Graph showing company valuation over time

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

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 Srinath Spinners

Recent activity within the organization

  • Annual General Meeting

    Srinath Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Srinath Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Director Appointment

    Anita Ketan Parekh was appointed as a Director was appointed as a Director on 25 Jan 2022 & has been associated with this company since 3 years 3 months .

  • Director Appointment

    Harsh Vardhan Singhania was appointed as a Director was appointed as a Director on 25 Jan 2022 & has been associated with this company since 3 years 3 months .

  • Charges

    A charge with City Union Bank Limited of Rs. 6.33 Cr registered on 27 Feb 2012 with Charge ID 10341811 was modified on 30 Nov 2021.

  • Charges

    A charge registered on 14 Mar 2012 via Charge ID 10344632 with City Union Bank Limited was fully satisfied on 16 Nov 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Srinath Spinners Private Limited?

    Srinath Spinners Private Limited was incorporated on 19 Apr 2001.

  • What is authorized share capital and paid-up capital of Srinath Spinners Private Limited?

    The authorized share capital of Srinath Spinners Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 5.96 Cr.

  • Who are the current board members & directors of Srinath Spinners Private Limited?

    Currently 4 directors are associated with Srinath Spinners Private Limited.

    • Premkumar
    • Shree Kumar Agarwal
    • Anita Ketan Parekh
    • Harsh Vardhan Singhania

  • What is the registered address of Srinath Spinners Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Srinath Spinners Private Limited is P.No.13 Sy No.859 Medchal Ida, India, Ranga Reddy Dist, Telangana, 501401.

  • What is the corporate identification number (CIN) and company number of Srinath Spinners Private Limited?

    The corporate identification number (CIN) of Srinath Spinners Private Limited is U17111TG2001PTC036595 and the company number is 036595 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Srinath Spinners Private Limited?

    The Official website of Srinath Spinners Private Limited is https://www.srinathspinners.com

  • What has been the recent revenue trend for Srinath Spinners Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Srinath Spinners Private Limited has risen by 24.25%.

  • How many employees does Srinath Spinners Private Limited currently have?

    As Per 2023 financial reports, 10 employees are currently employed by Srinath Spinners Private Limited.

  • What change has been observed in the net worth of Srinath Spinners Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Srinath Spinners Private Limited has experienced an upsurge of 2.25%.

  • What are the total open charges for Srinath Spinners Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Srinath Spinners Private Limited amount to ₹ 6.33 Cr.

  • When was the last Balance Sheet of Srinath Spinners Private Limited filed with the ROC?

    The most recent Balance Sheet for Srinath Spinners Private Limited was filed with the ROC on 31 Mar 2023.

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