Vantage Spinners Private Limited - Company Profile

It is a manufacturing private limited company based in Nuzividu, Andhra Pradesh, India, established in 2006.
2006 Nuzividu, Andhra Pradesh, India Under Cirp
Last Updated:
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About Vantage Spinners Private Limited

Vantage Spinners Private Limited, a under cirp private limited company, was established on 28 July 2006 in Nuzividu, Andhra Pradesh, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111AP2006PTC050750. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹37.00 Cr and a paid-up capital of ₹36.70 Cr.

It upholds a active non-compliant status. Employing 112 professional, Its leadership includes Potluru Mohana Murali Krishna (Managing Director), Nandamurimeenalatha (Director). Past directors included Potluru Mohana Murali Krishna, Soma Sekhar Potluri. It holds ₹189.00 Cr open charges and ₹10.50 Cr settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at Door No.895, R.S.No.50 And 53/2 Hanuman Junction Road, Gollapalli, Nuzividu, Andhra Pradesh, 521111.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17111AP2006PTC050750

  • Registration Number

    050750

  • Incorporation Date

    28 July 2006

  • Authorized Capital

    ₹37.00 Cr

  • Paid-Up Capital

    ₹36.70 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Metrics
  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 36.70 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 189.00 Cr
  • Satisfied Charges ₹ 10.50 Cr
  • Revenue Growth **** -24.30%
  • Profit Growth **** -8737.11%
  • Ebitda **** -151.85%
  • Net Worth -54.95%
  • Total Assets **** 5.79%
Company report

Vantage Spinners Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Vantage Spinners Private 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 Vantage Spinners Private Limited?
Current Directors
Name Designation Appointment Date Status
Potluru Mohana Murali Krishna Managing Director 21 Aug 2006 Current
Nandamurimeenalatha Director 28 Jul 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 04 Oct 2017 Past
Pramod Abcsdd Director 02 Jun 2018 Past

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Financial Performance of Vantage Spinners.

Vantage Spinners Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 24.3% decrease. The company also saw a substantial fall in profitability, with a 8737.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 54.95%.

Vantage Spinners revenue growth over time
Vantage Spinners profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -24.30%
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*******
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Revenue from Operations
*******
 -24.10%
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*******
*******
*******
Total Assets
*******
 5.79%
*******
*******
*******
*******
Profit or Loss
*******
 -8737.11%
*******
*******
*******
*******
Net Worth
*******
 -54.95%
*******
*******
*******
*******
EBITDA
*******
 -151.85%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Vantage Spinners?

In 2019, Vantage Spinners had a promoter holding of 57.38% and a public holding of 42.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,890,000,000.00

Satisfied Charges

₹105,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 148.57 Cr
  • Indian Overseas Bank : 33.05 Cr
  • State Bank Of India : 5.61 Cr
  • Union Bank Of India : 1.77 Cr
Latest Charge Details
Date Lender Amount Status
09 Aug 2018 State Bank Of India ₹5.61 Cr Open
01 Dec 2017 Others ₹6.34 Cr Open
11 Oct 2017 Indian Overseas Bank ₹6.00 Cr Open
27 Mar 2017 Others ₹2.50 Cr Open
16 Mar 2017 Indian Overseas Bank ₹2.80 Cr Open

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How Many Employees Work at Vantage Spinners?

Vantage Spinners has a workforce of 112 employees as of Apr 08, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vantage 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 Vantage Spinners's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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.

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Latest Updates, News, and FAQs on Vantage Spinners
Recent Activity within the Organization
  • Annual General Meeting

    Vantage Spinners Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Vantage Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada. was recorded as a recent event.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 5.61 Cr with Charge ID 100210180 was registered on 09 Aug 2018. was completed.

  • Charges

    A charge with Others amounted to Rs. 6.34 Cr with Charge ID 100174909 was registered on 01 Dec 2017. was recorded as a recent event.

  • Charges

    The activity A charge with Indian Overseas Bank amounted to Rs. 6.00 Cr with Charge ID 100135424 was registered on 11 Oct 2017. was completed.

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100101021 was registered on 27 Mar 2017. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Vantage Spinners Private Limited?

The CIN of Vantage Spinners Private Limited is U17111AP2006PTC050750.

Where is Vantage Spinners Private Limited headquartered?

Vantage Spinners Private Limited is headquartered at Door No.895, R.S.No.50 And 53/2 Hanuman Junction Road, Gollapalli, Nuzividu, Andhra Pradesh, 521111.

When was Vantage Spinners Private Limited incorporated?

Vantage Spinners Private Limited was incorporated on 28 July 2006.

Who are the current directors of Vantage Spinners Private Limited?

The current directors of Vantage Spinners Private Limited are

What is the primary industry of Vantage Spinners Private Limited?

The primary industry of Vantage Spinners Private Limited is Manufacturing.

Is Vantage Spinners Private Limited a listed company?

Vantage Spinners Private Limited is unlisted.

What is the capital structure of Vantage Spinners Private Limited?

The authorized capital of Vantage Spinners Private Limited is ₹37.00 Cr, and the paid-up capital is ₹36.70 Cr.

What is the compliance status of Vantage Spinners Private Limited?

The compliance status of Vantage Spinners Private Limited is Active Non-Compliant.

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