Sitaram Spinners Profile
Key Indicators
- Authorised Capital ₹ 8.55 Cr
- Paid Up Capital ₹ 7.61 Cr
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 586.06 Cr
- Satisfied Charges ₹ 231.99 Cr
- Revenue Growth -25.00%
- Profit Growth -30.88%
- Ebitda -20.71%
- Net Worth 10.92%
- Total Assets -29.29%
About Sitaram Spinners
Sitaram Spinners Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 December 2005 and has a history of 19 years and four months. Its registered office is in Hyderabad, Telangana, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 8.55 Cr and a paid-up capital of Rs 7.61 Cr.
The company currently has active open charges totaling ₹586.06 Cr. The company has closed loans amounting to ₹231.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pramod Kumar and Siddharth Bhardwaj serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TG2005PTC048459
- Company No.
048459
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Dec 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Manufacturing
Sitaram Spinners Private Limited
Explore comprehensive data for Sitaram Spinners Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sitaram Spinners?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pramod Kumar  | Director | 15-Dec-2005 | Current |
| Siddharth Bhardwaj | Director | 29-Jan-2018 | Current |
Financial Performance of Sitaram Spinners.
Sitaram Spinners Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 25% decrease. The company also saw a substantial fall in profitability, with a 30.88% decrease in profit. The company's net worth Soared by an impressive increase of 10.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sitaram Spinners?
In 2023, Sitaram Spinners had a promoter holding of 45.70% and a public holding of 54.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹586.06 Cr
Satisfied Charges
₹231.99 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 264.55 Cr
- Others : 211.74 Cr
- Yes Bank Limited : 108.00 Cr
- State Bank Of India : 1.77 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2024 | Yes Bank Limited | ₹63.00 Cr | Open |
| 04 Oct 2024 | Others | ₹75.00 Cr | Open |
| 23 Jul 2024 | Others | ₹15.00 Cr | Open |
| 30 Jan 2024 | Hdfc Bank Limited | ₹2.01 M | Open |
| 19 Dec 2023 | Hdfc Bank Limited | ₹3.03 M | Open |
How Many Employees Work at Sitaram Spinners?
Sitaram Spinners has a workforce of 367 employees as of Jan 07, 2025. 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 Sitaram 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 Sitaram Spinners'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.
Latest Updates, News, and FAQs on Sitaram Spinners
Recent activity within the organization
- Charges
A charge with Yes Bank Limited amounted to Rs. 63.00 Cr with Charge ID 101020036 was registered on 09 Dec 2024.
- Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100987778 was registered on 04 Oct 2024.
- Annual General Meeting
Sitaram Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 29 Jan 2019 via Charge ID 100250254 with Others was fully satisfied on 12 Sep 2024.
- Charges
A charge with State Bank Of India of Rs. 1.77 Cr registered on 16 Apr 2019 with Charge ID 100267407 was modified on 30 Aug 2024.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100960195 was registered on 23 Jul 2024.
Frequently asked questions
What is the Incorporation or founding date of Sitaram Spinners Private Limited?
Sitaram Spinners Private Limited was incorporated on 15 Dec 2005.
What is authorized share capital and paid-up capital of Sitaram Spinners Private Limited?
The authorized share capital of Sitaram Spinners Private Limited is ₹ 8.55 Cr and paid-up capital is ₹ 7.61 Cr.
Who are the current board members & directors of Sitaram Spinners Private Limited?
Currently 2 directors are associated with Sitaram Spinners Private Limited.
- Pramod Kumar
- Siddharth Bhardwaj
What is the registered address of Sitaram Spinners Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sitaram Spinners Private Limited is 5-4-83 2Nd Floor Tsk Chambers Rama Towers, M.G. Road India, Secunderabad, Telangana, 500003.
What is the corporate identification number (CIN) and company number of Sitaram Spinners Private Limited?
The corporate identification number (CIN) of Sitaram Spinners Private Limited is U74999TG2005PTC048459 and the company number is 048459 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sitaram Spinners Private Limited?
The Official website of Sitaram Spinners Private Limited is https://www.sitaramspinners.com
What has been the recent revenue trend for Sitaram Spinners Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Sitaram Spinners Private Limited has fallen by -25.00%.
How many employees does Sitaram Spinners Private Limited currently have?
As Per 2024 financial reports, 367 employees are currently employed by Sitaram Spinners Private Limited.
What change has been observed in the net worth of Sitaram Spinners Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Sitaram Spinners Private Limited has experienced an upsurge of 10.92%.
What are the total open charges for Sitaram Spinners Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Sitaram Spinners Private Limited amount to ₹ 586.06 Cr.
When was the last Balance Sheet of Sitaram Spinners Private Limited filed with the ROC?
The most recent Balance Sheet for Sitaram Spinners Private Limited was filed with the ROC on 31 Mar 2024.
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