Satya Spintex India Private Limited
About Satya Spintex India Private Limited
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Satya Spintex India Private Limited is a private limited company based in Andhra Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U17120AP2013PTC091101. Its GSTIN is 37AAVCS5994B1ZN (Andhra Pradesh).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹4.57 Cr. It is led by directors including Ravidhar Vallabhaneni and Padmaja Vallabhaneni.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Rs No 113/2 J Kotturu Village, Andhra Pradesh, India – 533435.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.48 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹43,358 (net margin -29.4%) and EBITDA of ₹1,000 (EBITDA margin 0.7%).
As per MCA filings, the company has open charges of ₹14 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.56 Cr; the latest was in March 2020. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Sri Jagdamba Ginning & Pressing Private Limited ( Part IX Company ) with revenue of ₹1.49 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Satya Spintex India Private Limited's registered office is in Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressRs No 113/2 J Kotturu Village, Andhra Pradesh, India – 533435
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Satya Spintex India Private Limited, buy the company report.
- 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
Financials of Satya Spintex India Private Limited
FY 2020 filings availableSatya Spintex India Private Limited reported revenue of ₹1.48 Lakh (up 3% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. EBITDA rose 102% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.48 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹43,358 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | -29.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Satya Spintex India Private Limited, buy the company report.
Board of directors of Satya Spintex India Private Limited
Satya Spintex India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravidhar Vallabhaneni | Director | 20 Nov 2013 | 12 Years 11 Months | Current |
| Padmaja Vallabhaneni | Director | 20 Nov 2013 | 12 Years 11 Months | Current |
| Ananthalakshmi Satyavathidevi Malireddy | Director | 15 Dec 2016 | 9 Years 10 Months | Current |
| Ramachandrarao Malireddy | Director | 15 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Satya Spintex India Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Jagdamba Ginning & Pressing Private Limited ( Part IX Company ) | ₹1.49 Lakh (FY 2025) | 27.0% | Adilabad, Telangana, India | |||
| S Vijay Textiles Private Limited | ₹1.49 Lakh (FY 2023) | Surat, Gujarat, India | ||||
| Sureka Nets Private Limited | ₹1.49 Lakh (FY 2025) | Amritsar, Punjab, India | ||||
| Govindraj Ginning and Pressing Mill Private Limited | ₹1.49 Lakh (FY 2025) | -63.0% | Aurangabad, Maharashtra, India | |||
| Fresh Towel Company Private Limited | ₹1.48 Lakh (FY 2019) | -98.0% | Delhi, India | |||
| Satya Spintex India Private Limitedthis company | ₹1.48 Lakh (FY 2020) | -₹43,358 | -29.4% | 3.0% | Andhra Pradesh, India | |
| Womax Exports Private Limited | ₹1.47 Lakh (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| Tyagi Trading Private Limited | ₹1.47 Lakh (FY 2022) | 475.0% | Delhi, India | |||
| Fiberspin Industries Private Limited | ₹1.47 Lakh (FY 2025) | 122.0% | Coimbatore, Tamil Nadu, India | |||
| Arjun Textiles Pvt Ltd | ₹1.47 Lakh (FY 2024) | 12.0% | Surat, Gujarat, India | |||
| Sehgalsisters Apparels Private Limited | ₹1.46 Lakh (FY 2023) | Gurugram, Haryana, India |
To see the full peer comparison of Satya Spintex India Private Limited, buy the company report.
Auditor
Satya Spintex India Private Limited is audited by RAMA SUBBA RAO & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMA SUBBA RAO & CO | FY 2020 | 002855S |
Shareholding
The shareholding of Satya Spintex India Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Satya Spintex India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2017 | 100078434 | Others | ₹14 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Satya Spintex India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.56 Cr; the latest was in March 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2016 | Funding round | ₹4.56 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Satya Spintex India Private Limited has 6 court cases on record: 3 filed by Satya Spintex India, 3 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1511MISC-Criminal Law : Criminal matters other than covered by the aforesaid categories(SLPs arising out of quashing applications, orders framing charge, summoning orders, interim orders in criminal matters, withdrawal of prosecution, orders for further investigation/re-investigation etc.) | Filed against the company by an individual | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by an individual | Pending |
| High Court, ANDHRAPRADESH | Revision petition | Filed by the company against an individual | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by an individual | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Andhra Pradesh State Financial Corporation and 1 other | Disposed |
To see the full case history of Satya Spintex India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Satya Spintex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Satya Spintex India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAVCS5994B1ZN | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satya Spintex India Private Limited, buy the company report.
Recent activity
Satya Spintex India Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Ananthalakshmi Satyavathidevi Malireddy ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Satya Spintex India is an active private limited company based in Andhra Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 November 2013 (13+ years old) and is registered under CIN U17120AP2013PTC091101.
Satya Spintex India has 4 current directors:
- Ravidhar Vallabhaneni - Director
- Padmaja Vallabhaneni - Director
- Ananthalakshmi Satyavathidevi Malireddy - Director
- Ramachandrarao Malireddy - Director
The latest financial statements of Satya Spintex India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Satya Spintex India is 37AAVCS5994B1ZN, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Satya Spintex India is U17120AP2013PTC091101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satya Spintex India has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Satya Spintex India was incorporated on 20 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Vijayawada.
Satya Spintex India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.56 Cr; the latest was in March 2020.
The peers of Satya Spintex India by revenue are Sri Jagdamba Ginning & Pressing Private Limited ( Part IX Company ), S Vijay Textiles Private Limited, Sureka Nets Private Limited, Govindraj Ginning and Pressing Mill Private Limited, Fresh Towel Company Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Ananthalakshmi Satyavathidevi Malireddy ceased to be Additional Director on 29 Sep 2017. Ramachandrarao Malireddy ceased to be Additional Director on 29 Sep 2017. Ananthalakshmi Satyavathidevi Malireddy was appointed as Director on 15 Dec 2016. Satya Spintex India has 6 board changes on record in total.
The registered office of Satya Spintex India is at Rs No 1132 J Kotturu Village, Andhra Pradesh, India – 533435.
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