Swarnalatha Spintex Private Limited

Founded in 2010 and headquartered in Telangana, India.

2010 | Hyderabad, Telangana (India) | Active
Last Updated: June 15, 2024

Swarnalatha Spintex Profile

Key Indicators

  • Authorised Capital ₹ 19.00 Cr
  • Paid Up Capital ₹ 19.00 Cr
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 70.99 Cr
  • Satisfied Charges ₹ 24.71 Cr
  • Revenue Growth -49.40%
  • Profit Growth -59.39%
  • Ebitda -4.26%
  • Net Worth 1.46%
  • Total Assets 14.67%

About Swarnalatha Spintex

Swarnalatha Spintex Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 June 2010 and has a history of 14 years and eight months. Its registered office is in Hyderabad, Telangana, 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 19.00 Cr and a paid-up capital of Rs 19.00 Cr.

The company currently has active open charges totaling ₹70.99 Cr. The company has closed loans amounting to ₹24.71 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17200TG2010PTC068738

  • Company No.

    068738

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

Who are the key members and board of directors at Swarnalatha Spintex?

Executive Team (1)

Name Designation Appointment Date Status
Venkateswara Jogi Country flag representing In Managing Director 02-Jun-2010 Current

Board Members (1)

Name Designation Appointment Date Status
Nagamani Jogi Country flag representing In Director 02-Jun-2010 Current

Financial Performance of Swarnalatha Spintex.

Swarnalatha Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.4% decrease. The company also saw a substantial fall in profitability, with a 59.39% decrease in profit. The company's net worth moved up by a moderate rise of 1.46%.

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
-49.40%
Revenue from Operations
-49.45%
Total Assets
14.67%
Profit or Loss
-59.39%
Net Worth
1.46%
EBITDA
-4.26%

What is the Ownership and Shareholding Structure of Swarnalatha Spintex?

In 2023, Swarnalatha Spintex had a promoter holding of 73.79% and a public holding of 26.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.99 Cr

Satisfied Charges

₹24.71 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 70.99 Cr

Latest Charge Details

Date Lender Amount Status
06 Jan 2021 Hdfc Bank Limited ₹70.99 Cr Open
05 Mar 2011 State Bank Of India ₹24.71 Cr Satisfied

How Many Employees Work at Swarnalatha Spintex?

Swarnalatha Spintex has a workforce of 96 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 Swarnalatha Spintex, 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 Swarnalatha Spintex'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 Swarnalatha Spintex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 70.99 Cr registered on 06 Jan 2021 with Charge ID 100443595 was modified on 27 Jun 2023.

    27 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 05 Mar 2011 via Charge ID 10273567 with State Bank Of India was fully satisfied on 22 Jun 2021.

    22 Jun 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 70.99 Cr with Charge ID 100443595 was registered on 06 Jan 2021.

    06 Jan 2021

  • Charges

    A charge with State Bank Of India of Rs. 24.71 Cr registered on 05 Mar 2011 with Charge ID 10273567 was modified on 22 Sep 2020.

    22 Sep 2020

Frequently asked questions

  • Swarnalatha Spintex Private Limited was incorporated on 02 Jun 2010.

  • The authorized share capital of Swarnalatha Spintex Private Limited is ₹ 19.00 Cr and paid-up capital is ₹ 19.00 Cr.

  • Currently 2 directors are associated with Swarnalatha Spintex Private Limited.

    • Venkateswara Rao Jogi
    • Nagamani Jogi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swarnalatha Spintex Private Limited is Swarna Heaven Flat No. 306 Road No. 14 Opp. Venkateswara Swami Temple Banjara, Hills, Hyderabad, Telangana, India, 500043.

  • The corporate identification number (CIN) of Swarnalatha Spintex Private Limited is U17200TG2010PTC068738 and the company number is 068738 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swarnalatha Spintex Private Limited is https://www.swarnalathaspintex.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swarnalatha Spintex Private Limited has fallen by -49.40%.

  • As Per 2023 financial reports, 96 employees are currently employed by Swarnalatha Spintex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swarnalatha Spintex Private Limited has experienced an upsurge of 1.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swarnalatha Spintex Private Limited amount to ₹ 70.99 Cr.

  • The most recent Balance Sheet for Swarnalatha Spintex Private Limited was filed with the ROC on 31 Mar 2023.

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