Sri Srinivasa Spin Tex (India) Limited Company Logo

Sri Srinivasa Spin Tex (India) Limited - Company Profile

It is a manufacturing public limited company based in Tadepalligudem, Telangana, India, established in 2006.

2006 | Tadepalligudem, Telangana, India | Active
Last Updated:

About Sri Srinivasa Spin Tex (India) Limited

Sri Srinivasa Spin Tex (India) Limited, a active public limited company, was established on 07 July 2006 in Tadepalligudem, Telangana, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TG2006PLC050573. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹20.72 Cr.

Formerly known as Sri Srinivasa Spin-Tex Private Limited. It upholds a active non-compliant status. Employing 57 professional, Its leadership includes Hema Venkata Suresh Eethakota (Whole-Time Director), Konda Babu Ethakota (Managing Director), Veera Venkata Satyanarayana Eethakota (Director). Past directors included Hema Venkata Suresh Eethakota, Bhimasankara Rao Eethakota. It holds ₹160.96 Cr open charges and ₹6.00 Cr settled loans. Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at Dr. No: - 8-104, K. N. Road, Pedatadepalli (Village), Tadepalligudem, (Mandal), Tadepalligudem, Telangana, 534101.

Company Details

  • CIN/LLPIN

    U17111TG2006PLC050573

  • Registration Number

    050573

  • Incorporation Date

    07 July 2006

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹20.72 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 20.72 Cr
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 160.96 Cr
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth -36.07%
  • Profit Growth -2277.48%
  • Ebitda -209.38%
  • Net Worth -64.79%
  • Total Assets -19.36%
Company report

Sri Srinivasa Spin Tex (India) Limited

Company Report FY 2025-2026

Explore comprehensive insights into Sri Srinivasa Spin Tex (India) 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 Sri Srinivasa Spin Tex (India) Limited?

Current Directors

NameDesignationAppointment DateStatus
Hema Venkata Suresh EethakotaWhole-Time Director12 Jan 2009Current
Konda Babu EthakotaManaging Director07 Jul 2006Current
Veera Venkata Satyanarayana EethakotaDirector12 May 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Sep 2010Past
Pramod AbcsddDirector30 Dec 2016Past

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Financial Performance of Sri Srinivasa Spin Tex (India).

Sri Srinivasa Spin Tex (India) Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 36.07% decrease. The company also saw a substantial fall in profitability, with a 2277.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 64.79%.

Sri Srinivasa Spin Tex (India) revenue growth over time
Sri Srinivasa Spin Tex (India) 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
-36.07%
Revenue from Operations
-37.97%
Total Assets
-19.36%
Profit or Loss
-2277.48%
Net Worth
-64.79%
EBITDA
-209.38%

What is the Ownership and Shareholding Structure of Sri Srinivasa Spin Tex (India)?

In 2018, Sri Srinivasa Spin Tex (India) had a promoter holding of 70.99% and a public holding of 29.01%. 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

₹1,609,600,000.00

Satisfied Charges

₹60,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 150.96 Cr
  • Union Bank Of India : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2018Others₹3.00 CrOpen
31 Oct 2018Others₹10.00 CrOpen
07 Oct 2017Others₹5.00 CrOpen
28 Nov 2016Others₹10.00 CrOpen
17 Mar 2016Others₹6.60 CrOpen

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How Many Employees Work at Sri Srinivasa Spin Tex (India)?

Sri Srinivasa Spin Tex (India) has a workforce of 57 employees as of Apr 03, 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 Sri Srinivasa Spin Tex (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sri Srinivasa Spin Tex (India), 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 Sri Srinivasa Spin Tex (India)'s trajectory.

Rating

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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

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Latest Updates, News, and FAQs on Sri Srinivasa Spin Tex (India)

Recent Activity within the Organization

  • Director Appointment

    Progress on Srinivasarao Surapareddy was appointed as a CFO was appointed as a CFO on 01 Apr 2021 & has been associated with this company since 4 years 8 months . was documented.

  • Annual General Meeting

    Sri Srinivasa Spin Tex (India) Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Sri Srinivasa Spin Tex (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100236723 was registered on 30 Nov 2018. was completed.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100236722 was registered on 31 Oct 2018. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100132578 was registered on 07 Oct 2017. was documented.

Frequently Asked Questions

  • What is the CIN of Sri Srinivasa Spin Tex (India) Limited?

    The CIN of Sri Srinivasa Spin Tex (India) Limited is U17111TG2006PLC050573.

  • Where is Sri Srinivasa Spin Tex (India) Limited headquartered?

    Sri Srinivasa Spin Tex (India) Limited is headquartered at Dr. No: - 8-104, K. N. Road, Pedatadepalli (Village), Tadepalligudem, (Mandal), Tadepalligudem, Telangana, 534101.

  • When was Sri Srinivasa Spin Tex (India) Limited incorporated?

    Sri Srinivasa Spin Tex (India) Limited was incorporated on 07 July 2006.

  • Who are the current directors of Sri Srinivasa Spin Tex (India) Limited?

    The current directors of Sri Srinivasa Spin Tex (India) Limited are

  • What is the primary industry of Sri Srinivasa Spin Tex (India) Limited?

    The primary industry of Sri Srinivasa Spin Tex (India) Limited is Manufacturing.

  • Is Sri Srinivasa Spin Tex (India) Limited a listed company?

    Sri Srinivasa Spin Tex (India) Limited is unlisted.

  • What is the capital structure of Sri Srinivasa Spin Tex (India) Limited?

    The authorized capital of Sri Srinivasa Spin Tex (India) Limited is ₹25.00 Cr, and the paid-up capital is ₹20.72 Cr.

  • What is the compliance status of Sri Srinivasa Spin Tex (India) Limited?

    The compliance status of Sri Srinivasa Spin Tex (India) Limited is Active Non-Compliant.

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