Venkata Krishna Spinners Private Limited

Operates spinning mills in Telangana since 1996.

1996 | Madhura Nagar, Telangana (India) | Active
Last Updated: July 03, 2024

Venkata Krishna Spinners Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.40 Cr
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.50 Cr
  • Satisfied Charges ₹ 6.28 M
  • Revenue Growth 5.45%
  • Profit Growth 13.68%
  • Ebitda -20.67%
  • Net Worth 9.20%
  • Total Assets 44.57%

About Venkata Krishna Spinners

Venkata Krishna Spinners Private Limited (VKSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 October 1996 and has a history of 28 years and three months. Its registered office is in Madhura Nagar, Telangana, India.

The Corporate was formerly known as Funtastic Amusement World 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 4.50 Cr and a paid-up capital of Rs 4.40 Cr.

The company currently has active open charges totaling ₹18.50 Cr. The company has closed loans amounting to ₹6.28 M, as per Ministry of Corporate Affairs (MCA) records.

Kummitha Swaroop and Sravanth Kummitha serve as directors at the Company.

Company Details

  • Location

    Madhura Nagar, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101TG1996PTC025588

  • Company No.

    025588

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Oct 1996

  • Date of AGM

    28 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 Venkata Krishna Spinners?

Board Members (2)

NameDesignationAppointment DateStatus
Sravanth Kummitha Country flag representing In Director 20-Jan-2016Current
Kummitha Swaroop Country flag representing In Director 15-Apr-2019Current

Financial Performance of Venkata Krishna Spinners.

Venkata Krishna Spinners Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.45% increase. The company also saw a substantial improvement in profitability, with a 13.68% increase in profit. The company's net worth moved up by a moderate rise of 9.2%.

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
5.45%
Revenue from Operations
5.40%
Total Assets
44.57%
Profit or Loss
13.68%
Net Worth
9.20%
EBITDA
-20.67%

What is the Ownership and Shareholding Structure of Venkata Krishna Spinners?

In 2023, Venkata Krishna Spinners had a promoter holding of 22.95% and a public holding of 77.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.50 Cr

Satisfied Charges

₹0.63 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.49 Cr
  • Tamilnad Mercantile Bank Limited : 4.01 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2023Others₹5.00 CrOpen
25 Jan 2023Others₹2.38 MOpen
31 Oct 2022Others₹9.25 CrOpen
11 Oct 2021Tamilnad Mercantile Bank Limited₹0.95 MOpen
11 Oct 2021Tamilnad Mercantile Bank Limited₹1.65 MOpen

How Many Employees Work at Venkata Krishna Spinners?

Unlock and access historical data on people associated with Venkata Krishna Spinners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Venkata Krishna 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 Venkata Krishna 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 Venkata Krishna Spinners

Recent activity within the organization

  • Annual General Meeting

    Venkata Krishna Spinners Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100773899 was registered on 27 May 2023.

    27 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.24 Cr with Charge ID 100715064 was registered on 25 Jan 2023.

    25 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 9.25 Cr with Charge ID 100640609 was registered on 31 Oct 2022.

    31 Oct 2022

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100492476 was registered on 11 Oct 2021.

    11 Oct 2021

Frequently asked questions

  • Venkata Krishna Spinners Private Limited was incorporated on 31 Oct 1996.

  • The authorized share capital of Venkata Krishna Spinners Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.40 Cr.

  • Currently 2 directors are associated with Venkata Krishna Spinners Private Limited.

    • Kummitha Swaroop
    • Sravanth Kummitha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venkata Krishna Spinners Private Limited is H.No 8-3-224 Flat No G-1 C-89 Vora Towers Yousufguda Road, Madhura Nagar, Telangana, India, 500038.

  • The corporate identification number (CIN) of Venkata Krishna Spinners Private Limited is U18101TG1996PTC025588 and the company number is 025588 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Venkata Krishna Spinners Private Limited has risen by 5.45%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Venkata Krishna Spinners Private Limited has experienced an upsurge of 9.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Venkata Krishna Spinners Private Limited amount to ₹ 18.50 Cr.

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

Similar Companies Based on Textile & Fabric Production