Sriven Spincot Private Limited
Cotton processing and yarn manufacturing company with a spinning mill in Andhra Pradesh.
2010 | Guntur District, Andhra Pradesh (India) | Active
Sriven Spincot Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 9.00 Cr
- Company Age 14 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.13 Cr
- Satisfied Charges ₹ 24.87 Cr
- Revenue Growth -18.86%
- Profit Growth -13472.97%
- Ebitda -80.39%
- Net Worth -102.12%
- Total Assets -16.49%
About Sriven Spincot
Sriven Spincot Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 November 2010 and has a history of 14 years and three months. Its registered office is in Guntur District, 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 9.00 Cr and a paid-up capital of Rs 9.00 Cr.
The company currently has active open charges totaling ₹23.13 Cr. The company has closed loans amounting to ₹24.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
Naga Kollipara, Narasimha Kollipara, Venkata Nukala, and One other member serve as directors at the Company.
Company Details
- Location
Guntur District, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17200AP2010PTC071021
- Company No.
071021
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Nov 2010
- 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 Sriven Spincot?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Kollipara  | Managing Director | 01-Sep-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Naga Kollipara | Additional Director | 30-Oct-2023 | Current |
| Venkata Nukala | Additional Director | 30-Oct-2023 | Current |
| Venkata Nukala | Whole-Time Director | 01-Sep-2023 | Current |
Financial Performance of Sriven Spincot.
Sriven Spincot Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.86% decrease. The company also saw a substantial fall in profitability, with a 13472.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 102.12%.
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What is the Ownership and Shareholding Structure of Sriven Spincot?
In 2023, Sriven Spincot 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)
Kshema Holdings Private LimitedVenkata Nukala is a mutual person
- Sri Padmalaya Textiles Private Limited
Naga Kollipara, Narasimha Kollipara and 2 more are mutual person
- Sri Nukala Rama Koteswara Rao Textiles Private Limited
Venkata Nukala and Venkata Nukala are mutual person
- Kshema Capital Private Limited
Venkata Nukala is a mutual person
- Arul Migu Sivaskti Spinning Mills Private Limited
Venkata Nukala is a mutual person
Charges (Loans)
Open Charges
₹23.13 Cr
Satisfied Charges
₹24.87 Cr
Charges Breakdown by Lending Institutions
- Others : 23.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2022 | Others | ₹23.13 Cr | Open |
| 22 May 2020 | Others | ₹4.50 M | Satisfied |
| 12 May 2020 | Others | ₹4.50 M | Satisfied |
| 28 Mar 2013 | Indian Overseas Bank | ₹23.97 Cr | Satisfied |
How Many Employees Work at Sriven Spincot?
Sriven Spincot has a workforce of 33 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sriven Spincot, 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 Sriven Spincot'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.
