Mittapalli Spinners Private Limited - Company Profile

It is a manufacturing private limited company based in Narasaraopet, Andhra Pradesh, India, established in 2010.
2010 Narasaraopet, Andhra Pradesh, India Active
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About Mittapalli Spinners Private Limited

Mittapalli Spinners Private Limited, a active private limited company, was established on 15 February 2010 in Narasaraopet, Andhra Pradesh, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17120AP2010PTC067024. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹24.00 Cr and a paid-up capital of ₹22.61 Cr.

Formerly known as Mittapalli Spinners Limited. It upholds a compliant status. Employing 109 professional, Its leadership includes Sairam Reddy Gaddam (Director), Chakravarthi Srinivasa Mittapalli (Managing Director), Bheemeswara Venkata Satya Narayana Mittapalli (Director). Past directors included Ashish Parakh, Rajagopal Baribaddala, Ravi Kumar Krovvidi. It holds ₹46.60 Cr open charges and ₹38.97 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 18-2-65 Kota Bazar, Narasaraopet, Andhra Pradesh, 522601.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17120AP2010PTC067024

  • Registration Number

    067024

  • Incorporation Date

    15 February 2010

  • Authorized Capital

    ₹24.00 Cr

  • Paid-Up Capital

    ₹22.61 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 22.61 Cr
  • Company Age 16 Year, 13 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 46.60 Cr
  • Satisfied Charges ₹ 38.97 Cr
  • Revenue Growth **** -36.02%
  • Profit Growth **** 11.64%
  • Ebitda **** -7.64%
  • Net Worth 7.64%
  • Total Assets **** 4.17%
Company report

Mittapalli Spinners Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mittapalli Spinners Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mittapalli Spinners Private Limited?
Current Directors
Name Designation Appointment Date Status
Sairam Reddy Gaddam Director 05 Mar 2017 Current
Chakravarthi Srinivasa Mittapalli Managing Director 15 Feb 2010 Current
Bheemeswara Venkata Satya Narayana Mittapalli Director 15 Feb 2010 Current
Venkata Koteswara Rao Mittapalli Whole-Time Director 15 Feb 2010 Current
Madhu Raghunayakula Director 05 Mar 2017 Current
Mittapalli Ramesh Babu Cfo 06 Feb 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 05 Mar 2017 Past
Pramod Abcsdd Whole-Time Director 21 Jan 2019 Past
Pramod Abcsdd Director 05 Mar 2017 Past
Pramod Abcsdd Managing Director 21 Jan 2019 Past

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Financial Performance of Mittapalli Spinners.

Mittapalli Spinners Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 36.02% decrease. The company also saw a substantial improvement in profitability, with a 11.64% increase in profit. The company's net worth moved up by a moderate rise of 7.64%.

Mittapalli Spinners revenue growth over time
Mittapalli Spinners profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -36.02%
*******
*******
*******
*******
Revenue from Operations
*******
 -36.02%
*******
*******
*******
*******
Total Assets
*******
 4.17%
*******
*******
*******
*******
Profit or Loss
*******
 11.64%
*******
*******
*******
*******
Net Worth
*******
 7.64%
*******
*******
*******
*******
EBITDA
*******
 -7.64%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mittapalli Spinners?

In 2023, Mittapalli Spinners 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹466,014,000.00

Satisfied Charges

₹389,700,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 46.60 Cr
Latest Charge Details
Date Lender Amount Status
31 Jul 2025 Axis Bank Limited ₹2.16 Cr Open
10 Apr 2023 Axis Bank Limited ₹5.80 M Open
27 Mar 2023 Axis Bank Limited ₹5.00 Cr Open
18 Jun 2022 Axis Bank Limited ₹37.76 Cr Open
31 Oct 2021 Axis Bank Limited ₹1.10 Cr Open

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How Many Employees Work at Mittapalli Spinners?

Mittapalli Spinners has a workforce of 109 employees as of Apr 06, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mittapalli 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 Mittapalli 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.

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Latest Updates, News, and FAQs on Mittapalli Spinners
Recent Activity within the Organization
  • Annual General Meeting

    Mittapalli Spinners Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 2.16 Cr with Charge ID 101143515 was registered on 31 Jul 2025. was documented.

  • Balance Sheet

    Progress on Mittapalli Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was documented.

  • Director Appointment

    The activity Atul Kumar was appointed as a Company Secretary was appointed as a Company Secretary on 30 Jan 2025 & has been associated with this company since 1 year 29 days . was completed.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 37.76 Cr registered on 18 Jun 2022 with Charge ID 100591362 was modified on 14 Jun 2024. was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.58 Cr with Charge ID 100730407 was registered on 10 Apr 2023. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Mittapalli Spinners Private Limited?

The CIN of Mittapalli Spinners Private Limited is U17120AP2010PTC067024.

Where is Mittapalli Spinners Private Limited headquartered?

Mittapalli Spinners Private Limited is headquartered at 18-2-65 Kota Bazar, Narasaraopet, Andhra Pradesh, 522601.

When was Mittapalli Spinners Private Limited incorporated?

Mittapalli Spinners Private Limited was incorporated on 15 February 2010.

Who are the current directors of Mittapalli Spinners Private Limited?

The current directors of Mittapalli Spinners Private Limited are

What is the primary industry of Mittapalli Spinners Private Limited?

The primary industry of Mittapalli Spinners Private Limited is Manufacturing.

Is Mittapalli Spinners Private Limited a listed company?

Mittapalli Spinners Private Limited is unlisted.

What is the capital structure of Mittapalli Spinners Private Limited?

The authorized capital of Mittapalli Spinners Private Limited is ₹24.00 Cr, and the paid-up capital is ₹22.61 Cr.

What is the compliance status of Mittapalli Spinners Private Limited?

The compliance status of Mittapalli Spinners Private Limited is Compliant.

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