Sriven Spincot Private Limited

Sriven Spincot Private Limited - manufacturing in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U17200AP2010PTC071021 Incorporated 01 November 2010 ROC Vijayawada HQ Guntur, Andhra Pradesh, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹37.86 Cr
▼ 9% YoY
Net loss · FY 2024
₹9.62 Cr
Net margin -25.4%
EBITDA · FY 2024
-₹5.54 Cr
EBITDA margin -14.6%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹9 Cr
Issued & subscribed
Open charges
₹20.56 Cr
Satisfied ₹48 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
33
Provident fund records

About Sriven Spincot Private Limited

Data last updated:

Sriven Spincot Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 November 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U17200AP2010PTC071021. Its GSTIN is 37AAPCS0731A1ZM (Andhra Pradesh).

The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It is led by directors including Narasimha Sandeep Kollipara (Managing Director) and Venkata Naga Sudhir Nukala (Whole-Time Director).

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 D.No.8 – 87 Karuchola Road Edlapadu Village & Mandal, Guntur, Andhra Pradesh, India – 522233.

As per the financials filed for FY 2024, the company reported a revenue of ₹37.86 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹9.62 Cr (net margin -25.4%) and EBITDA of -₹5.54 Cr (EBITDA margin -14.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.

The company has about 33 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹20.56 Cr and satisfied charges of ₹48 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹6.99 Cr; the latest was in March 2021. Its 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 3 smaller; the largest is KPH Fabrics Private Limited with revenue of ₹37.97 Cr.

Sriven Spincot Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-04-0000401). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17200AP2010PTC071021
Registration Number 071021
Incorporation Date 01 November 2010
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-04-0000401
Key People
Narasimha Sandeep Kollipara Managing Director Venkata Naga Sudhir Nukala Whole-Time Director Naga Lalithya Kollipara Director

Recognitions & Rankings of Sriven Spincot

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-AP-04-0000401

Contact details

Sriven Spincot Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D.No.8 – 87 Karuchola Road Edlapadu Village & Mandal, Guntur, Andhra Pradesh, India – 522233
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Sriven Spincot Private Limited, buy the company report.

Comprehensive company report
Sriven Spincot 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 Sriven Spincot is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Sriven Spincot Private Limited, buy the company report.

Financials of Sriven Spincot Private Limited

FY 2024 filings available

Sriven Spincot Private Limited reported revenue of ₹37.86 Cr (down 9% YoY) for FY 2024.

Revenue · FY 2024
₹37.86 Cr ▼ 9%
Net loss · FY 2024
₹9.62 Cr margin -25.4%
EBITDA · FY 2024
-₹5.54 Cr margin -14.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 13%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 575%
3 years · compounded
▼ 49%
5 years · compounded
▼ 30%

Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 9% fall in the latest year. EBITDA fell 575% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹5.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹9.62 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-14.6%
Net Profit Margin-25.4%
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 Sriven Spincot Private Limited, buy the company report.

Board of directors of Sriven Spincot Private Limited

Sriven Spincot has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Narasimha Sandeep Kollipara
Also directs: Sri Padmalaya Textiles Private Limited
Managing Director01 Sep 20233 Years 2 MonthsCurrent
Naga Lalithya Kollipara
Also directs: Sri Padmalaya Textiles Private Limited
Director30 Oct 20233 Years 0 MonthsCurrent
Venkata Naga Sudhir Nukala
Also directs: Sri Nukala Rama Koteswara Rao Textiles Private Limited, Sri Padmalaya Textiles Private Limited, Kshema Capital Private Limited and 1 more
Whole-Time Director30 Oct 20233 Years 0 MonthsCurrent
Venkata Venu Gopala Rao Nukala
Also directs: Arul Migu Sivaskti Spinning Mills Private Limited, Sri Nukala Rama Koteswara Rao Textiles Private Limited, Sri Padmalaya Textiles Private Limited
Director01 Sep 20233 Years 2 MonthsCurrent
View all directors

Peer comparison

Sriven Spincot Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
KPH Fabrics Private Limited₹37.97 Cr (FY 2025)-9.0%New Delhi, Delhi, India
Remmy Textiles Private Limited₹37.96 Cr (FY 2024)-32.0%Coimbatore, Tamil Nadu, India
Samyak Synthetics Private Limited₹37.95 Cr (FY 2024)-9.0%Bhilwara, Rajasthan, India
Mittal Filaments Private Limited₹37.94 Cr (FY 2024)1.0%Surat, Gujarat, India
Ambey Fabric Creations Private Limited₹37.93 Cr (FY 2025)19.0%Noida, Uttar Pradesh, India
Sriven Spincot Private Limitedthis company₹37.86 Cr (FY 2024)-₹9.62 Cr-25.4%-9.0%33Guntur, Andhra Pradesh, India
Aanchal Apparels Private Limited₹37.82 Cr (FY 2025)13.0%Mumbai, Maharashtra, India
Tater Silk Mills Private Limited₹37.77 Cr (FY 2024)-35.0%Surat, Gujarat, India
Shri Krishna Embroideries Private Limited₹37.74 Cr (FY 2025)-1.0%New Delhi, Delhi, India

To see the full peer comparison of Sriven Spincot Private Limited, buy the company report.

Auditor

Sriven Spincot Private Limited is audited by CH VEERA BABU & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CH VEERA BABU & COFY 2023007495S

Shareholding

The shareholding of Sriven Spincot 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sriven Spincot Private Limited, buy the company report.

Charges & borrowings

Open charges
₹20.56 Cr
Satisfied charges
₹48 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹20.56 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Mar 2024100904273Hdfc Bank Limited₹20.56 CrOpen
08 Aug 2022100611749Others₹23.13 CrSatisfied
22 May 2020100339964Others₹45 LakhSatisfied
12 May 2020100340212Others₹45 LakhSatisfied
28 Mar 201310422307Indian Overseas Bank₹23.97 CrSatisfied

To see the full charge records of Sriven Spincot Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Sriven Spincot Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹6.99 Cr; the latest was in March 2021.

Total deals
5
Secondary share transfers
3
Funding round
1
Rights issue
1
Disclosed funding
₹6.99 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2021Rights issue₹2 CrInvestors: 4 individuals
Sep 2019Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 2 individuals
Jun 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Oct 2018Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 4 individuals
Mar 2014Funding round₹6.99 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sriven Spincot Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Sriven Spincot Private Limited has a workforce of 33 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
33
Active EPFO establishments
1
Employee growth
-44.07%

GST

Sriven Spincot has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AAPCS0731A1ZMAndhra PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Sriven Spincot Private Limited, buy the company report.

Recent activity

Sriven Spincot Private Limited has 14 board changes on record since 2011: 4 appointments and 10 cessations. The latest: Naga Lalithya Kollipara ceased to be Additional Director on 29 Sep 2024.

Charges
A charge registered on 08 Aug 2022 via Charge ID 100611749 with Others was fully satisfied on 15 Oct 2024.
AGM
Sriven Spincot Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Naga Lalithya Kollipara ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 20.56 Cr registered on 28 Mar 2024 with Charge ID 100904273 was modified on 23 May 2024.
Filing
Sriven Spincot Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.56 Cr with Charge ID 100904273 was registered on 28 Mar 2024.
Ceased
Venkata Naga Sudhir Nukala ceased to be Additional Director.
Appointed
Naga Lalithya Kollipara was appointed as Director.
Ceased
Pothuri Susheela ceased to be Director.
Appointed
Venkata Naga Sudhir Nukala was appointed as Whole-Time Director.
Ceased
Narasimha Sandeep Kollipara ceased to be Additional Director.
Ceased
Venkata Venu Gopala Rao Nukala ceased to be Additional Director.

17 earlier events are in the company report.

Frequently asked questions

Sriven Spincot is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 November 2010 (16+ years old) and is registered under CIN U17200AP2010PTC071021.

Sriven Spincot has 4 current directors:

The latest financial statements of Sriven Spincot 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 Sriven Spincot is 37AAPCS0731A1ZM, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of Sriven Spincot is U17200AP2010PTC071021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sriven Spincot has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending.

Sriven Spincot was incorporated on 01 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Vijayawada.

Sriven Spincot has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹6.99 Cr; the latest was in March 2021.

The peers of Sriven Spincot by revenue are KPH Fabrics Private Limited, Remmy Textiles Private Limited, Samyak Synthetics Private Limited, Mittal Filaments Private Limited, Ambey Fabric Creations Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Naga Lalithya Kollipara ceased to be Additional Director on 29 Sep 2024. Venkata Naga Sudhir Nukala ceased to be Additional Director on 21 Nov 2023. Naga Lalithya Kollipara was appointed as Director on 30 Oct 2023. Sriven Spincot has 14 board changes on record in total.

Yes, Sriven Spincot is registered as a small enterprise under Udyam registration (number: UDYAM-AP-04-0000401).