Venkateshwara Spintex Private Limited

Textile company acquiring closed spinning unit with capacity of 23184 spindles and 240 winding drums.

2016 | Hyderabad, Telangana (India) | Active
Last Updated: December 15, 2024

Venkateshwara Spintex Profile

Key Indicators

  • Authorised Capital ₹ 4.10 Cr
  • Paid Up Capital ₹ 2.60 Cr
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 10.33 Cr
  • Revenue Growth 794.99%
  • Profit Growth 119.67%
  • Ebitda 274.74%
  • Net Worth 1619.58%
  • Total Assets 45435.02%

About Venkateshwara Spintex

Venkateshwara Spintex Private Limited (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 June 2016 (Eight years and seven months 30 days old ). 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 2019. It's a company limited by shares with an authorized capital of Rs 4.10 Cr and a paid-up capital of Rs 2.60 Cr.

The company currently has active open charges totaling ₹10.33 Cr.

Narayana Vemula and Revathi Chittimalla serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18209TG2016PTC110222

  • Company No.

    110222

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 2016

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

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

Board Members (2)

Name Designation Appointment Date Status
Narayana Vemula Country flag representing In Director 10-Jun-2016 Current
Revathi Chittimalla Country flag representing In Director 10-Jun-2016 Current

Financial Performance of Venkateshwara Spintex.

Venkateshwara Spintex Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 794.99% increase. The company also saw a substantial improvement in profitability, with a 119.67% increase in profit. The company's net worth Soared by an impressive increase of 1619.58%.

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
794.99%
Revenue from Operations
793.49%
Total Assets
45435.02%
Profit or Loss
119.67%
Net Worth
1619.58%
EBITDA
274.74%

What is the Ownership and Shareholding Structure of Venkateshwara Spintex?

In 2019, Venkateshwara Spintex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.33 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 8.00 Cr
  • Indian Bank : 2.33 Cr

Latest Charge Details

Date Lender Amount Status
03 Apr 2019 Indian Bank ₹2.33 Cr Open
14 Aug 2018 Others ₹8.00 Cr Open

How Many Employees Work at Venkateshwara Spintex?

Unlock and access historical data on people associated with Venkateshwara Spintex, 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 Venkateshwara 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 Venkateshwara 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 Venkateshwara Spintex

Recent activity within the organization

  • Annual General Meeting

    Venkateshwara Spintex Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Charges

    A charge with Indian Bank amounted to Rs. 2.33 Cr with Charge ID 100250698 was registered on 03 Apr 2019.

    03 Apr 2019

  • Balance Sheet

    Venkateshwara Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad.

    31 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100196812 was registered on 14 Aug 2018.

    14 Aug 2018

  • Director Appointment

    Narayana Venkat Vemula was appointed as a Director was appointed as a Director on 10 Jun 2016 & has been associated with this company since 8 years 7 months .

    10 Jun 2016

  • Director Appointment

    Revathi Chittimalla was appointed as a Director was appointed as a Director on 10 Jun 2016 & has been associated with this company since 8 years 7 months .

    10 Jun 2016

Frequently asked questions

  • Venkateshwara Spintex Private Limited was incorporated on 10 Jun 2016.

  • The authorized share capital of Venkateshwara Spintex Private Limited is ₹ 4.10 Cr and paid-up capital is ₹ 2.60 Cr.

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

    • Narayana Venkat Vemula
    • Revathi Chittimalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Venkateshwara Spintex Private Limited is H.No.51 H Block Awho Colony, Ved Vihar India, Secunderabad, Telangana, 500015.

  • The corporate identification number (CIN) of Venkateshwara Spintex Private Limited is U18209TG2016PTC110222 and the company number is 110222 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Venkateshwara Spintex Private Limited has risen by 794.99%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Venkateshwara Spintex Private Limited has experienced an upsurge of 1619.58%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Venkateshwara Spintex Private Limited amount to ₹ 10.33 Cr.

  • The most recent Balance Sheet for Venkateshwara Spintex Private Limited was filed with the ROC on 31 Mar 2019.