Viswateja Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 10.35 Cr
- Paid Up Capital ₹ 8.85 Cr
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 142.30 Cr
- Satisfied Charges ₹ 92.87 Cr
- Revenue Growth 2.46%
- Profit Growth -69.79%
- Ebitda -46.53%
- Net Worth 10.77%
- Total Assets 2.20%
About Viswateja Spinning Mills
Viswateja Spinning Mills Private Limited (VSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 June 2004 and has a history of 20 years and eight months. Its registered office is in Guntur, Andhra Pradesh, India.
The Corporate was formerly known as Viswateja Spinning Mills 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 10.35 Cr and a paid-up capital of Rs 8.85 Cr.
The company currently has active open charges totaling ₹142.30 Cr. The company has closed loans amounting to ₹92.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amarakumar Kakaraparthy, Viswa Kollipara, Dasari Nagakumar, and Six other members serve as directors at the Company.
Company Details
- Location
Guntur, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101AP2004PTC043449
- Company No.
043449
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Jun 2004
- 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 Viswateja Spinning Mills Private Limited offer?
Viswateja Spinning Mills Private Limited offers a wide range of products and services, including Cotton Yarn, Compact Cotton Yarn, Spinning Machinery, Yarn Spinning Machine.
Who are the key members and board of directors at Viswateja Spinning Mills?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chandrasekhar Dasari  | Managing Director | 10-Jul-2004 | Current |
| Ramesh Kakaraparthy | Managing Director | 10-Jul-2004 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amarakumar Kakaraparthy | Director | 27-Sep-2016 | Current |
| Viswa Kollipara | Director | 27-Sep-2016 | Current |
| Dasari Nagakumar | Whole-Time Director | 27-Sep-2016 | Current |
| Bhargavram Narra | Director | 28-Aug-2021 | Current |
| Lakshmi Dasari | Director | 10-Jul-2004 | Current |
| Vidyasagar Vankayala | Director | 27-Sep-2016 | Current |
Financial Performance of Viswateja Spinning Mills.
Viswateja Spinning Mills Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.46% increase. The company also saw a substantial fall in profitability, with a 69.79% decrease in profit. The company's net worth Soared by an impressive increase of 10.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Viswateja Spinning Mills?
In 2023, Viswateja Spinning Mills had a promoter holding of 13.27% and a public holding of 86.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
All India Cottonseed Crushers AssociationLakshmi Dasari is a mutual person
- Andhra Pradesh Textile Mills Association
Chandrasekhar Dasari is a mutual person
- Federation Of Ap Textile Manufacturers
Chandrasekhar Dasari is a mutual person
- Nagulapadu Cottons Pvt Ltd
Vidyasagar Vankayala and Seshagirirao Dasari are mutual person
Charges (Loans)
₹142.30 Cr
₹92.87 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 142.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Apr 2019 | Hdfc Bank Limited | ₹12.00 Cr | Open |
| 05 Jan 2018 | Hdfc Bank Limited | ₹8.00 Cr | Open |
| 30 Apr 2015 | Hdfc Bank Limited | ₹122.30 Cr | Open |
| 20 Jan 2014 | The Karur Vysya Bank Limited | ₹10.00 Cr | Satisfied |
| 07 Oct 2013 | Tamilnad Mercantile Bank Limited | ₹4.80 M | Satisfied |
How Many Employees Work at Viswateja Spinning Mills?
Viswateja Spinning Mills has a workforce of 218 employees as of Apr 03, 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 Viswateja Spinning Mills, 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 Viswateja Spinning Mills'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.
