MIRA INFORM REPORT

 

 

 

 

Report Date :

23.11.2011

 

IDENTIFICATION DETAILS

 

Name :

SAKKU SPINNING MILLS LIMITED

 

 

Registered Office :

D. No.5-87-39/1, Near Nayar Hotel, Lakshmipuram Main Road, Guntur – 522006, Andhra Pradesh

 

 

Country :

India

 

 

Financials (as on) :

31.03.2011

 

 

Date of Incorporation :

01.02.2006

 

 

Com. Reg. No.:

01-048959

 

 

Capital Investment / Paid-up Capital :

Rs.90.970 Millions

 

 

CIN No.:

[Company Identification No.]

U18100AP2006PLC048959

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

HYDS17998B

 

 

PAN No.:

[Permanent Account No.]

AAJCS1686M

 

 

Legal Form :

A Closely Held Public Limited Liability Company

 

 

Line of Business :

Manufacturer of Cotton Yarn

 

 

No. of Employees :

120 (Approximately)

 

 

NOTES:

 

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

India

A1

A1

 

 

 

 

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

INFORMATION PARTED BY

 

Name :

Mr. Venkataratnam

Designation :

Accountant

Contact No.:

91-9985360999

Date :

23.11.2011

 

 

LOCATIONS

 

Registered Office :

D. No.5-87-39/1, Near Nayar Hotel, Lakshmipuram Main Road, Guntur – 522006, Andhra Pradesh, India

Tel. No.:

91-863-2251053

Mobile No.:

91-9985360999 (Mr. Venkataratnam)

Fax No.:

91-863-2250063

E-Mail :

csguntur@gmail.com

admin@sakkuspinningmills.com

Website :

http://www.sakkuspinningmills.com

http://www.sakkugroup.com

Location :

Owned

 

 

Factory :

Chinakondrupadu, NH – 5, Guntur – 522002, Andhra Pradesh, India

 

 

DIRECTORS

 

Name :

Mr. V. Venkatrao

Designation :

Director

 

 

Name :

Mr. Dharma Teja

Designation :

Director

 

 

Name :

Mr. P. Madhu Konark

Designation :

Director

 

 

Name :

Mrs. M. Madhvi Lata

Designation :

Director

 

 

KEY EXECUTIVES

 

Name :

Mr. Venkataratnam

Designation :

Accountant

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

Not Available

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturer of Cotton Yarn

 

 

Exports :

 

Products :

Cotton Yarn

Countries :

Pakistan

 

 

Terms :

 

Selling :

L/C, Cash and Credit (30-60 days)

 

 

Purchasing :

Cash and Credit (30-60 days)

 

 

GENERAL INFORMATION

 

Customers :

Wholesalers, Retailers and End Users

 

 

No. of Employees :

120 (Approximately)

 

 

Bankers :

·         Indian Overseas Bank

Chandra Mouli Nagar Branch, India

 

 

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Punnian and Company

Chartered Accountants

 

 

Associates/Subsidiaries :

·         Sakku Hatcheries Private Limited

·         Venkatrama Poultries Limited

·         Sukku International

·         Paruchuri Cotton Products

 

 

CAPITAL STRUCTURE

 

(AS ON 29.09.2011)

 

Authorised Capital : Rs.100.000 Millions

 

Issued, Subscribed & Paid-up Capital :Rs.90.970 Millions

 

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

Particulars

 

 

31.03.2011

31.03.2010

Sales Turnover (Approximately)

 

500.000

350.000

 

 

 

 

 

The above information has been parted by Mr. Venkataratnam

 

 

 

LOCAL AGENCY FURTHER INFORMATION

 

 

Check list by info Agents

Available in Report

(Yes/ No)

 

 

Year of Establishment

Yes

Locality of the Firm

Yes

Constitution of the Firm

Yes

Premises details

Yes

Type of Business

Yes

Line of Business 

Yes

Promoter’s Background 

--------

No. of Employees

Yes

Name of Person Contacted

Yes

Designation of Contact person

Yes

Turnover of Firm for last two years

Yes

Profitability for last three years

No

Reasons for variation <> 20%

--------

Estimation for coming financial year

No

Capital in the business

No

Details of sister concerns

Yes

Major Suppliers

No

Major Customers

No

Payments Terms

Yes

Export/ Imports Details (If applicable)

Yes

Market Information

--------

Litigations that the firm/ Promoters Involved in

--------

Banking details

Yes

Banking Facility Details

--------

Conduct of the Banking Account

--------

Buyer visit details

--------

Financials, if provided

No

Incorporation details is applicable

--------

Last Accounts filed at ROC

--------

Major Shareholders, if available

--------

 

 

GROUP PROFILE:

 

Sakku group is a family owned professionally operated premier organization in poultry sector established in the year 1979. Since its inception, it has been a long successful saga of accomplishments and enhancements, eventually evolving itself as the largest producer of eggs in India, off late it has diversified into textiles, power and breeding operations. At Sakku group each member plays a different but collaborative role to develop our organization into a world class productivity centre by engaging the innovative minds to work with challenging tasks.

 

 

 

           


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.52.70

UK Pound

1

Rs.82.44

Euro

1

Rs.78.08

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.