Usha Spincoat Private Limited
Manufactures apparel since 2006, with registered office in Krishna, Andhra Pradesh.
2006 | Krishna, Andhra Pradesh (India) | Active
Usha Spincoat Profile
Key Indicators
- Authorised Capital ₹ 12.50 Cr
- Paid Up Capital ₹ 11.53 Cr
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 39.71 Cr
- Satisfied Charges ₹ 16.74 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 six months. Its registered office is in Krishna, 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 2024. 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 ₹39.71 Cr. The company has closed loans amounting to ₹16.74 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. Venkata Malireddy, Malireddy Reddy, and Bharath Malireddy serve as directors at the Company.
Company Details
- Location
Krishna, 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 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Manufacturing
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.
Usha Spincoat Private Limited
Explore comprehensive data for Usha Spincoat Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkata Malireddy | Director | 22-Feb-2021 | Current |
| Malireddy Reddy | Director | 24-May-2023 | 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 Limited
Malireddy Reddy and Bharath Malireddy are mutual person
Charges (Loans)
Open Charges
₹39.71 Cr
Satisfied Charges
₹16.74 Cr
Charges Breakdown by Lending Institutions
- Others : 37.83 Cr
- Sidbi : 1.68 Cr
- Hdfc Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2024 | Hdfc Bank Limited | ₹2.00 M | Open |
| 01 Feb 2024 | Sidbi | ₹1.68 Cr | Open |
| 25 Jun 2022 | Others | ₹2.28 Cr | Open |
| 28 Dec 2021 | Others | ₹3.00 Cr | Open |
| 25 May 2010 | Others | ₹32.55 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.
Latest Updates, News, and FAQs on Usha Spincoat
Recent activity within the organization
- Annual General Meeting
Usha Spincoat Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 29 May 2021 via Charge ID 100463400 with Hdfc Bank Limited was fully satisfied on 20 Jul 2024.
- Charges
A charge registered on 21 May 2021 via Charge ID 100466665 with Hdfc Bank Limited was fully satisfied on 20 Jul 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100975496 was registered on 16 Jul 2024.
- Charges
A charge registered on 25 Jun 2020 via Charge ID 100389903 with Others was fully satisfied on 06 Jul 2024.
- Balance Sheet
Usha Spincoat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Frequently asked questions
What is the Incorporation or founding date of Usha Spincoat Private Limited?
Usha Spincoat Private Limited was incorporated on 19 Oct 2006.
What is authorized share capital and paid-up capital of Usha Spincoat Private Limited?
The authorized share capital of Usha Spincoat Private Limited is ₹ 12.50 Cr and paid-up capital is ₹ 11.53 Cr.
Who are the current board members & directors of Usha Spincoat Private Limited?
Currently 4 directors are associated with Usha Spincoat Private Limited.
- Apurva Kothari
- Venkata Lakshmi Narayana Babji Malireddy
- Malireddy Venkata Akhil Reddy
- Bharath Bhushan Reddy Malireddy
What is the registered address of Usha Spincoat Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Usha Spincoat Private Limited is Survey No. 341 342 Chikkavaram Village, Gannavaram Mandal India, Krishna District, Andhra Pradesh, 521102.
What is the corporate identification number (CIN) and company number of Usha Spincoat Private Limited?
The corporate identification number (CIN) of Usha Spincoat Private Limited is U18100AP2006PTC051436 and the company number is 051436 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Usha Spincoat Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Usha Spincoat Private Limited has fallen by -38.32%.
How many employees does Usha Spincoat Private Limited currently have?
As Per 2023 financial reports, 55 employees are currently employed by Usha Spincoat Private Limited.
What change has been observed in the net worth of Usha Spincoat Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Usha Spincoat Private Limited has experienced an downturn of -5.42%.
What are the total open charges for Usha Spincoat Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Usha Spincoat Private Limited amount to ₹ 39.71 Cr.
When was the last Balance Sheet of Usha Spincoat Private Limited filed with the ROC?
The most recent Balance Sheet for Usha Spincoat Private Limited was filed with the ROC on 31 Mar 2024.
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