Usha Spincoat Profile
Key Indicators
- Authorised Capital ₹ 12.50 Cr
- Paid Up Capital ₹ 11.53 Cr
- Company Age 18 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 42.59 Cr
- Satisfied Charges ₹ 11.98 Cr
- Revenue Growth -38.32%
- Profit Growth -138.30%
- Ebitda -75.73%
- Net Worth -5.42%
- Total Assets -5.63%
About Usha Spincoat
Usha Spincoat Private Limited (USPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 October 2006 and has a history of 18 years and four months. Its registered office is in Krishna 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 12.50 Cr and a paid-up capital of Rs 11.53 Cr.
The company currently has active open charges totaling ₹42.59 Cr. The company has closed loans amounting to ₹11.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Usha Spincoat Private Limited India is Apurva Kothari as COMPANY SECRETARY. Malireddy Reddy, Bharath Malireddy, Rajesh Gutta, and One other member serve as directors at the Company.
Company Details
- Location
Krishna District, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18100AP2006PTC051436
- Company No.
051436
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Oct 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
What products or services does Usha Spincoat Private Limited offer?
Usha Spincoat Private Limited offers a wide range of products and services, including Yarns & Threads, Natural Fiber Yarns.
Who are the key members and board of directors at Usha Spincoat?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Apurva Kothari | Company Secretary | 18-Aug-2022 | Current |
Bharath Malireddy  | Managing Director | 02-Feb-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Malireddy Reddy | Director | 24-May-2023 | Current |
| Rajesh Gutta | Director | 09-Mar-2011 | Current |
| Venkata Malireddy | Director | 22-Feb-2021 | Current |
Financial Performance of Usha Spincoat.
Usha Spincoat Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.32% decrease. The company also saw a substantial fall in profitability, with a 138.3% decrease in profit. The company's net worth dipped by a decrease of 5.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Usha Spincoat?
In 2023, Usha Spincoat had a promoter holding of 85.43% and a public holding of 14.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lpf Sea Foods Private LimitedMalireddy Reddy and Bharath Malireddy are mutual person
Charges (Loans)
₹42.59 Cr
₹11.98 Cr
Charges Breakdown by Lending Institutions
- Others : 42.33 Cr
- Hdfc Bank Limited : 0.26 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2022 | Others | ₹2.28 Cr | Open |
| 28 Dec 2021 | Others | ₹3.00 Cr | Open |
| 29 May 2021 | Hdfc Bank Limited | ₹0.60 M | Open |
| 21 May 2021 | Hdfc Bank Limited | ₹2.00 M | Open |
| 25 Jun 2020 | Others | ₹4.50 Cr | Open |
How Many Employees Work at Usha Spincoat?
Usha Spincoat has a workforce of 55 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 Usha Spincoat, 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 Usha Spincoat'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.
