Mittapalli Spinners Private Limited Company Logo

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
Last Updated:

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 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at 18-2-65 Kota Bazar, Narasaraopet, Andhra Pradesh, 522601.

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 Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 22.61 Cr
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • 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

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

NameDesignationAppointment DateStatus
Sairam Reddy GaddamDirector05 Mar 2017Current
Chakravarthi Srinivasa MittapalliManaging Director15 Feb 2010Current
Bheemeswara Venkata Satya Narayana MittapalliDirector15 Feb 2010Current
Venkata Koteswara Rao MittapalliWhole-Time Director15 Feb 2010Current
Madhu RaghunayakulaDirector05 Mar 2017Current
Mittapalli Ramesh BabuCfo06 Feb 2020Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddDirector05 Mar 2017Past
Pramod AbcsddWhole-Time Director21 Jan 2019Past
Pramod AbcsddDirector05 Mar 2017Past
Pramod AbcsddManaging Director21 Jan 2019Past

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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
  • 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%

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 Indicator graph

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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

DateLenderAmountStatus
31 Jul 2025Axis Bank Limited₹2.16 CrOpen
10 Apr 2023Axis Bank Limited₹5.80 MOpen
27 Mar 2023Axis Bank Limited₹5.00 CrOpen
18 Jun 2022Axis Bank Limited₹37.76 CrOpen
31 Oct 2021Axis Bank Limited₹1.10 CrOpen

Explore comprehensive loan charge details -

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 growth trends for Mittapalli Spinners Private Limited

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.

Latest Updates, News, and FAQs on Mittapalli Spinners

Recent Activity within the Organization

  • 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.

  • Director Appointment

    Progress on 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 9 months 29 days . was documented.

  • Annual General Meeting

    Progress on Mittapalli Spinners Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was documented.

  • Charges

    The activity 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 completed.

  • Balance Sheet

    Progress on Mittapalli Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was documented.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 0.58 Cr with Charge ID 100730407 was registered on 10 Apr 2023. was completed.

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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