MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-04-0000076
Mittapalli Spinners Private Limited - manufacturing in Narasaraopet, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.89 Cr
▼ 3% YoY
Net profit · FY 2025
₹86.73 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹7.2 Cr
EBITDA margin 11.8%
Authorised capital
₹24 Cr
Registered with MCA
Paid-up capital
₹22.61 Cr
Issued & subscribed
Open charges
₹46.6 Cr
Satisfied ₹38.97 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
109
Provident fund records
About Mittapalli Spinners Private Limited
Data last updated:
Mittapalli Spinners Private Limited is a private limited company based in Narasaraopet, Andhra Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U17120AP2010PTC067024. Its GSTIN is 37AAGCM3942C1ZM (Andhra Pradesh).
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹22.61 Cr. It was formerly known as Mittapalli Spinners Limited. It is led by directors including Chakravarthi Srinivasa Mittapalli (Managing Director) and Venkata Koteswara Rao Mittapalli (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 18 – 2 – 65 Kota Bazar, Narasaraopet, Andhra Pradesh, India – 522601.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.89 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹86.73 Lakh (net margin 1.4%) and EBITDA of ₹7.2 Cr (EBITDA margin 11.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 109 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.6 Cr and satisfied charges of ₹38.97 Cr on record. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 2 cases are pending.
Mittapalli Spinners Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-04-0000076). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mittapallispinners.com.
Company details
CIN U17120AP2010PTC067024
Registration Number 067024
Incorporation Date 15 February 2010
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-AP-04-0000076
CIN history
Mittapalli Spinners has one previous CIN (Corporate Identification Number): U17120AP2010PLC067024. The current CIN is U17120AP2010PTC067024, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120AP2010PTC067024 | Current |
| U17120AP2010PLC067024 | Previous |
Key People
Chakravarthi Srinivasa Mittapalli Managing Director Venkata Koteswara Rao Mittapalli Whole-Time Director Mittapalli Ramesh Babu Cfo Recognitions & Rankings of Mittapalli Spinners
Contact details
Mittapalli Spinners Private Limited's registered office is in Narasaraopet, Andhra Pradesh. Its website is mittapallispinners.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18 – 2 – 65 Kota Bazar, Narasaraopet, Andhra Pradesh, India – 522601
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mittapalli Spinners Private Limited, buy the company report.
Comprehensive company report
Mittapalli Spinners Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Mittapalli Spinners is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Mittapalli Spinners Private Limited, buy the company report.
Financials of Mittapalli Spinners Private Limited
FY 2025 filings availableMittapalli Spinners Private Limited reported revenue of ₹60.89 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹60.89 Cr ▼ 3%
Net profit · FY 2025
₹86.73 Lakh margin 1.4%
EBITDA · FY 2025
₹7.2 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 7%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 1%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 3% fall in the latest year. EBITDA fell 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.2 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹86.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mittapalli Spinners Private Limited, buy the company report.
Board of directors and KMP of Mittapalli Spinners Private Limited
Mittapalli Spinners Private Limited currently reports 6 directors and 1 key managerial person. 8 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sairam Reddy Gaddam Also directs: Jigya Kokapet Ventures LLP, Chowdary Spinners Private Limited, Pring Fashions Private Limited and 3 more | Director | 05 Mar 2017 | 9 Years 7 Months | Current |
| Chakravarthi Srinivasa Mittapalli Also directs: Tridhaama Ventures LLP, Magmit Healthcare LLP | Managing Director | 15 Feb 2010 | 16 Years 8 Months | Current |
| Bheemeswara Venkata Satya Narayana Mittapalli | Director | 15 Feb 2010 | 16 Years 8 Months | Current |
| Venkata Koteswara Rao Mittapalli | Whole-Time Director | 15 Feb 2010 | 16 Years 8 Months | Current |
| Madhu Raghunayakula | Director | 05 Mar 2017 | 9 Years 7 Months | Current |
| Mittapalli Ramesh Babu | Cfo | 06 Feb 2020 | 6 Years 8 Months | Current |
Showing 6 of 7 current directors and KMP. View all directors and KMP
Auditor
Mittapalli Spinners Private Limited is audited by KRISHNAPRABHA ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNAPRABHA ASSOCIATES | FY 2021 | 008045S |
Shareholding
The shareholding of Mittapalli Spinners Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mittapalli Spinners Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.6 Cr
Satisfied charges
₹38.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101143515 | Axis Bank Limited | ₹2.16 Cr | Open | |
| 10 Apr 2023 | 100730407 | Axis Bank Limited | ₹58 Lakh | Open | |
| 27 Mar 2023 | 100711396 | Axis Bank Limited | ₹5 Cr | Open | |
| 18 Jun 2022 | 100591362 | Axis Bank Limited | ₹37.76 Cr | Open | |
| 31 Oct 2021 | 100514436 | Axis Bank Limited | ₹1.1 Cr | Open |
To see the full charge records of Mittapalli Spinners Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Mittapalli Spinners Private Limited has 12 court cases on record: 5 filed by Mittapalli Spinners, 7 filed against it. 2 cases are pending and 10 are disposed.
Total cases
12
Filed by the company
5
Filed against the company
7
Pending
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 6 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Writ petition | Filed against the company by Jyotirmaye Textiles Pvt Ltd., | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company by Jyotirmaye Textiles Pvt Ltd., | Disposed |
| High Court, ANDHRAPRADESH | Court case (MACMA) | Filed against the company by individuals | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed by the company against State of Andhra Pradesh, and 1 other | Disposed |
To see the full case history of Mittapalli Spinners Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Mittapalli Spinners Private Limited was last rated by Brickwork on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Mittapalli Spinners Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mittapalli Spinners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mittapalli Spinners Private Limited has a workforce of 109 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
109
Active EPFO establishments
1
Employee growth
-26.85%
GST
Mittapalli Spinners has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAGCM3942C1ZM | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mittapalli Spinners Private Limited, buy the company report.
Recent activity
Mittapalli Spinners Private Limited has 12 board changes on record since 2010: 7 appointments and 5 cessations. The latest: Mittapalli Kishore Kumar ceased to be Additional Director on 25 Sep 2024.
AGM
Mittapalli Spinners Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.16 Cr with Charge ID 101143515 was registered on 31 Jul 2025.
Filing
Mittapalli Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Ceased
Mittapalli Kishore Kumar ceased to be Additional Director.
Charges
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.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.58 Cr with Charge ID 100730407 was registered on 10 Apr 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100711396 was registered on 27 Mar 2023.
Charges
A charge registered on 13 Dec 2010 via Charge ID 10263975 with Others was fully satisfied on 16 Jul 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 37.76 Cr with Charge ID 100591362 was registered on 18 Jun 2022.
Charges
A charge with Others of Rs. 37.17 Cr registered on 13 Dec 2010 with Charge ID 10263975 was modified on 05 Mar 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100514436 was registered on 31 Oct 2021.
Charges
A charge registered on 13 Apr 2020 via Charge ID 100338921 with Others was fully satisfied on 05 Oct 2020.
14 earlier events are in the company report.
Frequently asked questions
Mittapalli Spinners is an active private limited company based in Narasaraopet, Andhra Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 February 2010 (16+ years old) and is registered under CIN U17120AP2010PTC067024.
Mittapalli Spinners has 7 current directors and KMP:
- Chakravarthi Srinivasa Mittapalli - Managing Director
- Venkata Koteswara Rao Mittapalli - Whole-Time Director
- Sairam Reddy Gaddam - Director
- Bheemeswara Venkata Satya Narayana Mittapalli - Director
- Madhu Raghunayakula - Director
- Mittapalli Kishore Kumar - Director
- Mittapalli Ramesh Babu - Cfo
The latest financial statements of Mittapalli Spinners on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mittapalli Spinners is 37AAGCM3942C1ZM, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Mittapalli Spinners is U17120AP2010PTC067024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mittapalli Spinners has 12 court cases on record: 5 filed by the company and 7 filed against it. 2 are pending. Most are in the high courts.
Mittapalli Spinners was incorporated on 15 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Vijayawada.
Mittapalli Kishore Kumar ceased to be Additional Director on 25 Sep 2024. Mittapalli Ramesh Babu was appointed as CFO on 06 Feb 2020. Chakravarthi Srinivasa Mittapalli ceased to be Whole-Time Director on 21 Jan 2019. Mittapalli Spinners has 12 board changes on record in total.
Yes, Mittapalli Spinners is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-04-0000076).
Mittapalli Spinners can be reached through the website mittapallispinners.com. Its registered office is in Narasaraopet, Andhra Pradesh, India.