MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-04-0000436
Sri Saibalaji Spintex (India) Private Limited
Sri Saibalaji Spintex (India) Private Limited - manufacturing in Edlapdu, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹114.75 Cr
▼ 12% YoY
Net loss · FY 2023
₹1.27 Cr
Net margin -1.1%
EBITDA · FY 2023
₹7.02 Cr
EBITDA margin 6.1%
Authorised capital
₹18 Cr
Registered with MCA
Paid-up capital
₹17.35 Cr
Issued & subscribed
Open charges
₹125 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Sri Saibalaji Spintex (India) Private Limited
Data last updated:
Sri Saibalaji Spintex (India) Private Limited is a private limited company based in Edlapdu, Andhra Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U17291AP2010PTC067876. Its GSTIN is 37AAOCS0831L3ZX (Andhra Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹17.35 Cr. It is led by directors Venkata Nageswara Rao Nadella (Managing Director) and Padmavathi Nadella.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #403 Unnava Village Edlapadu Mandal, Edlapdu, Andhra Pradesh, India – 522233.
As per the financials filed for FY 2023, the company reported a revenue of ₹114.75 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹1.27 Cr (net margin -1.1%) and EBITDA of ₹7.02 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹125 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 5 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹17.34 Cr; the latest was in December 2021.
Sri Saibalaji Spintex (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-04-0000436). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17291AP2010PTC067876
Registration Number 067876
Incorporation Date 08 April 2010
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-AP-04-0000436
Recognitions & Rankings of Sri Saibalaji Spintex (India)
Contact details
Sri Saibalaji Spintex (India) Private Limited's registered office is in Edlapdu, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#403 Unnava Village Edlapadu Mandal, Edlapdu, Andhra Pradesh, India – 522233
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sri Saibalaji Spintex (India) Private Limited, buy the company report.
Comprehensive company report
Sri Saibalaji Spintex (India) 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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Financials of Sri Saibalaji Spintex (India) Private Limited
FY 2024 filings availableSri Saibalaji Spintex (India) Private Limited reported revenue of ₹114.75 Cr (down 12% YoY) for FY 2023.
Revenue · FY 2023
₹114.75 Cr ▼ 12%
Net loss · FY 2023
₹1.27 Cr margin -1.1%
EBITDA · FY 2023
₹7.02 Cr margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 14%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 5%
5 years · compounded
▼ 12%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 76% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹114.75 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.27 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | -1.1% | ||||
| 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 Sri Saibalaji Spintex (India) Private Limited, buy the company report.
Board of directors of Sri Saibalaji Spintex (India) Private Limited
Sri Saibalaji Spintex (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Nageswara Rao Nadella | Managing Director | 08 Apr 2010 | 16 Years 7 Months | Current |
| Padmavathi Nadella Also directs: Sai Arush Infra Projects Private Limited | Director | 19 May 2010 | 16 Years 5 Months | Current |
Auditor
Sri Saibalaji Spintex (India) Private Limited is audited by Ch Veera Babu & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ch Veera Babu & Co | FY 2023 | 007495S |
Shareholding
The shareholding of Sri Saibalaji Spintex (India) 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 Sri Saibalaji Spintex (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹125 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2024 | 101007564 | Bank of India | ₹2.53 Cr | Open | |
| 11 Jan 2023 | 100670729 | Bank of India | ₹7.5 Cr | Open | |
| 10 Jul 2020 | 100357701 | Others | ₹2.5 Cr | Open | |
| 04 Jun 2020 | 100340835 | Others | ₹39.6 Cr | Open | |
| 09 Sep 2010 | 10246177 | Bank of India | ₹72.87 Cr | Open |
To see the full charge records of Sri Saibalaji Spintex (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Sri Saibalaji Spintex (India) Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹17.34 Cr; the latest was in December 2021.
Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹17.34 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2013 | Funding round | ₹2.35 Cr | Investors: 4 individuals |
| Mar 2011 | Funding round | ₹14.99 Cr | Investors: Kanneganti Butchaiah Huf, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sri Saibalaji Spintex (India) Private Limited has 10 court cases on record: 6 filed by Sri Saibalaji Spintex (India), 4 filed against it. 5 cases are pending and 5 are disposed.
Total cases
10
Filed by the company
6
Filed against the company
4
Pending
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 4 | 5 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Appeal | Filed against the company by The State of Andhra Pradesh, | Pending |
| High Court of Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against The Union of India, | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against an individual | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
To see the full case history of Sri Saibalaji 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 Sri Saibalaji Spintex (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sri Saibalaji Spintex (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAOCS0831L3ZX | Andhra Pradesh | Active | 23 Aug 2017 |
To see the full GST registrations and return filing status of Sri Saibalaji Spintex (India) Private Limited, buy the company report.
Recent activity
Sri Saibalaji Spintex (India) Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Butchaiah Kanneganti ceased to be Director on 14 Mar 2022.
Charges
A charge with Bank Of India amounted to Rs. 2.53 Cr with Charge ID 101007564 was registered on 26 Nov 2024.
AGM
Sri Saibalaji Spintex (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sri Saibalaji Spintex (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with Bank Of India amounted to Rs. 7.50 Cr with Charge ID 100670729 was registered on 11 Jan 2023.
Ceased
Butchaiah Kanneganti ceased to be Director.
Ceased
Mahesh Kumar Kanneganti ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100357701 was registered on 10 Jul 2020.
Charges
A charge with Others amounted to Rs. 39.60 Cr with Charge ID 100340835 was registered on 04 Jun 2020.
Charges
A charge with Bank Of India of Rs. 72.87 Cr registered on 09 Sep 2010 with Charge ID 10246177 was modified on 24 Jul 2015.
Charges
A charge with Bank Of India amounted to Rs. 72.87 Cr with Charge ID 10246177 was registered on 09 Sep 2010.
Appointed
Mahesh Kumar Kanneganti was appointed as Director.
Appointed
Padmavathi Nadella was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Sri Saibalaji Spintex (India) is an active private limited company based in Edlapdu, Andhra Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 April 2010 (16+ years old) and is registered under CIN U17291AP2010PTC067876.
Sri Saibalaji Spintex (India) has 2 current directors:
- Venkata Nageswara Rao Nadella - Managing Director
- Padmavathi Nadella - Director
The latest financial statements of Sri Saibalaji Spintex (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sri Saibalaji Spintex (India) is 37AAOCS0831L3ZX, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sri Saibalaji Spintex (India) is U17291AP2010PTC067876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Saibalaji Spintex (India) has 10 court cases on record: 6 filed by the company and 4 filed against it. 5 are pending.
Sri Saibalaji Spintex (India) was incorporated on 08 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Vijayawada.
Sri Saibalaji Spintex (India) has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹17.34 Cr; the latest was in December 2021.
Butchaiah Kanneganti ceased to be Director on 14 Mar 2022. Mahesh Kumar Kanneganti ceased to be Director on 14 Mar 2022. Mahesh Kumar Kanneganti was appointed as Director on 19 May 2010. Sri Saibalaji Spintex (India) has 6 board changes on record in total.
Yes, Sri Saibalaji Spintex (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-04-0000436).
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