Venkatadri Spinning Mills Private Limited
About Venkatadri Spinning Mills Private Limited
Data last updated:
Venkatadri Spinning Mills Private Limited is a private limited company based in Chikkala, Andhra Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U17200AP2009PTC066221. Its GSTIN is 37AADCV2047E1ZI (Andhra Pradesh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It is led by directors Srinivasa Rao Mandapaka (Managing Director) and Lakshmi Durga Mandapaka.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at D.No 7/248 Ammigunta Area Chagallu Mandal, Chikkala, Andhra Pradesh, India – 534342.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.38 Lakh. For the same year it recorded a net loss of ₹57.28 Lakh and EBITDA of ₹5.33 Lakh (EBITDA margin 99.1%). Revenue has declined at a compounded annual rate (CAGR) of 69% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹24.7 Cr on record. Court records list 13 cases involving the company, including 1 filed by the company and 12 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Venkatadri Spinning Mills Private Limited's registered office is in Chikkala, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No 7/248 Ammigunta Area Chagallu Mandal, Chikkala, Andhra Pradesh, India – 534342
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Venkatadri Spinning Mills Private Limited, buy the company report.
- 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
Business activity
The main business activity of Venkatadri Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Venkatadri Spinning Mills Private Limited, buy the company report.
Financials of Venkatadri Spinning Mills Private Limited
FY 2023 filings availableVenkatadri Spinning Mills Private Limited reported revenue of ₹5.38 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹5.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹57.28 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.1% | ||||
| Net Profit Margin | |||||
| 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 Venkatadri Spinning Mills Private Limited, buy the company report.
Board of directors of Venkatadri Spinning Mills Private Limited
Venkatadri Spinning Mills has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Rao Mandapaka | Managing Director | 29 Sep 2013 | 13 Years 1 Months | Current |
| Lakshmi Durga Mandapaka | Additional Director | 10 Mar 2025 | 1 Years 8 Months | Current |
Peer comparison
Venkatadri Spinning Mills Private Limited is compared with the 4 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vidhyashish Hathkargha Producer Company Limited | ₹5.4 Lakh (FY 2025) | 1250.0% | Tonk, Rajasthan, India | |||
| Venkatadri Spinning Mills Private Limitedthis company | ₹5.38 Lakh (FY 2022) | -₹57.28 Lakh | 21 | Chikkala, Andhra Pradesh, India | ||
| Mangalmurti Textile Works Private Limited | ₹5.37 Lakh (FY 2025) | 12.0% | Navi Mumbai, Maharashtra, India | |||
| Krishna Amin-Patel Private Limited | ₹5.37 Lakh (FY 2024) | -70.0% | Gujarat, India | |||
| Senthil Textile Mills Private Limited | ₹5.37 Lakh (FY 2024) | -52.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Venkatadri Spinning Mills Private Limited, buy the company report.
Auditor
Venkatadri Spinning Mills Private Limited is audited by CHOWDARY & RAO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOWDARY & RAO | FY 2017 | 000656S |
Shareholding
The shareholding of Venkatadri Spinning Mills Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Venkatadri Spinning Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2013 | 10472466 | Syndicate Bank | ₹15.69 Cr | Satisfied | |
| 12 Aug 2010 | 10237831 | State Bank of India | ₹9.01 Cr | Satisfied |
To see the full charge records of Venkatadri Spinning Mills Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Venkatadri Spinning Mills Private Limited has 13 court cases on record: 1 filed by Venkatadri Spinning Mills, 12 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 0 |
| High courts | 4 | 3 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Ltd. and 1 other | Disposed |
| Supreme Court | Court case | Filed against the company by Eastern Power Distribution Company of Andhra Pradesh Ltd. | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Syndicate Bank Rep by B. Ravi Kumar | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by Syndicate Bank Rep by B. Ravi Kumar | Disposed |
To see the full case history of Venkatadri Spinning Mills 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.
Credit ratings & regulatory alerts
Venkatadri Spinning Mills Private Limited was last rated by Crisil on 18 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Sep 2020 |
To see the full credit ratings and regulatory alerts of Venkatadri Spinning Mills Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Venkatadri Spinning Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Venkatadri Spinning Mills Private Limited has a workforce of 21 employees on its EPFO records as of Sep 2017.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 21 |
| FY 2016-17 |
To see the full employee and EPFO history of Venkatadri Spinning Mills Private Limited, buy the company report.
GST
Venkatadri Spinning Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCV2047E1ZI | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Venkatadri Spinning Mills Private Limited, buy the company report.
Recent activity
Venkatadri Spinning Mills Private Limited has 26 board changes on record since 2009: 14 appointments and 12 cessations. The latest: Lakshmi Surya Kumari Javvadi ceased to be Director on 28 Mar 2025.
23 earlier events are in the company report.
Frequently asked questions
Venkatadri Spinning Mills is an active private limited company based in Chikkala, Andhra Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 December 2009 (17+ years old) and is registered under CIN U17200AP2009PTC066221.
Venkatadri Spinning Mills has 2 current directors:
- Srinivasa Rao Mandapaka - Managing Director
- Lakshmi Durga Mandapaka - Additional Director
The latest financial statements of Venkatadri Spinning Mills on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Venkatadri Spinning Mills is 37AADCV2047E1ZI, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Venkatadri Spinning Mills is U17200AP2009PTC066221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venkatadri Spinning Mills has 13 court cases on record: 1 filed by the company and 12 filed against it. 1 is pending. Most are in the district courts.
Venkatadri Spinning Mills was incorporated on 10 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Venkatadri Spinning Mills by revenue are Vidhyashish Hathkargha Producer Company Limited, Mangalmurti Textile Works Private Limited, Krishna Amin-Patel Private Limited, Senthil Textile Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Lakshmi Surya Kumari Javvadi ceased to be Director on 28 Mar 2025. Lakshmi Durga Mandapaka was appointed as Additional Director on 10 Mar 2025. Durga Prasad Kondepati ceased to be Director on 16 Dec 2021. Venkatadri Spinning Mills has 26 board changes on record in total.
The registered office of Venkatadri Spinning Mills is at D.No 7248 Ammigunta Area Chagallu Mandal, Chikkala, Andhra Pradesh, India – 534342.
Venkatadri Spinning Mills operates in the manufacturing industry, in the textile and fabric production segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
