What does Sree Satyanarayana Spinning Mills Limited do?

Sree Satyanarayana Spinning Mills Limited is engaged in manufacturing cotton yarn and other textile products. The company operates as a traditional spinning mill based in Tanuku, Andhra Pradesh, producing cotton yarn for supply to weaving and knitting industries.

When was Sree Satyanarayana Spinning Mills incorporated?

The company was incorporated in 1962 and is registered under CIN U18101AP1962PLC000919 as a public limited company in Andhra Pradesh, making it one of the older textile companies in the state.

What is the share price of Sree Satyanarayana Spinning Mills?

The unlisted share price of Sree Satyanarayana Spinning Mills Limited is approximately ₹430 per share, reflecting its status as a small unlisted public company in the cotton yarn segment.

How do I buy Sree Satyanarayana Spinning Mills unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Sree Satyanarayana Spinning Mills?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Sree Satyanarayana Spinning Mills shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Sree Satyanarayana Spinning Mills Unlisted Share Price | Buy Sree Satyanarayana Spinning Mills Pre-IPO Shares — wisefolio

Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

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Sree Satyanarayana Spinning Mills Unlisted Share Price | Buy Sree Satyanarayana Spinning Mills Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Sree Satyanarayana Spinning Mills Limited (CIN: U18101AP1962PLC000919) is a 63-year-old unlisted cotton yarn manufacturer based in Tanuku, West Godavari, Andhra Pradesh. Despite its long history, FY2023 saw a severe -41.3% revenue decline and the company slipped into losses (PAT -128.79%), likely reflecting cotton yarn cycle weakness, cheap import competition, and input cost pressures. With 342 employees (April 2024), the factory remains operational but under financial stress. Paid-up capital of ₹89.47 lakh against authorized ₹11 Cr indicates severe under-capitalisation for a manufacturing operation of this scale.

Pros

63 years of operating history (since 1962) — deep institutional knowledge in cotton yarn
342 employees (April 2024) — significant workforce reflecting active manufacturing operations
Tanuku, West Godavari — same industrial textile cluster as Sree Akkamamba Textiles
Unlisted structure — no capital market pressures on day-to-day operations

Cons

Revenue fell -41.3% in FY2023 — severe contraction in cotton yarn business
Profit turned negative (-128.79% in FY2023) — loss-making after decades of operations
Very small paid-up capital (₹89.47 lakh) vs authorized ₹11 Cr — severely under-capitalised
Cotton/textile yarn is cyclical, commodity-priced, facing cheap imports competition
No recent financial disclosures post-FY2023 — no improvement trajectory visible

Business Segments

Cotton yarn manufacturing — manufacture of cotton, yarn, and textile garments/clothing accessories (NIC U18101)

Factory at Venkata Rayapuram, Tanuku, West Godavari District, Andhra Pradesh 534215

Revenue Model

The company generates revenue primarily through the sale of spun cotton yarn to downstream textile manufacturers including weavers, knitters, and fabric producers. Revenue is driven by spindle capacity, yarn count mix, and cotton procurement costs.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Export demand for Indian cotton yarn remains robust, benefiting small spinning mills with cost-competitive production

Government schemes for textile MSME modernization under the PLI Textile scheme could support capacity upgrades

Industry Tailwinds

Export demand for Indian cotton yarn remains robust, benefiting small spinning mills with cost-competitive production

Recent Developments

FY2023: Revenue down -41.3%, profit turned to loss (-128.79% vs FY2022)

342 employees as of April 2024 — workforce maintained despite financial stress

Acuite credit rating document on record (2016) — has been rated historically

Comparable Companies

CompanyTypeTickerMkt Cap

Vardhman Textiles LimitedListedVTL10000 Cr

Rajapalayam Mills LimitedListedRAJPALAYAM600 Cr

Vardhman Textiles LimitedListed

VTL · 10000 Cr

Rajapalayam Mills LimitedListed

RAJPALAYAM · 600 Cr

Frequently Asked Questions

About Sree Satyanarayana Spinning Mills

Sree Satyanarayana Spinning Mills Limited is one of Andhra Pradesh's oldest textile companies, incorporated on July 23, 1962 in West Godavari district. The company is based in Venkata Rayapuram, Tanuku — the same textile hub in Andhra Pradesh that is home to the related Sree Akkamamba Textiles. Both companies operate in the cotton spinning segment, reflecting Tanuku's historical significance as a textile manufacturing center in the Krishna-Godavari delta. The company has authorized share capital of Rs 11 crore with a paid-up capital of Rs 89.47 lakh — a notable disparity suggesting either significant capacity utilization or pending capital structure adjustments. The company manufactures cotton yarn for supply to weavers, garment manufacturers, and the broader textile chain. Historical financial data shows revenue of Rs 58.78 crore in FY2014-15. However, more recent data indicates a 41.3% revenue decline in FY2023 relative to the prior year — a significant drop suggesting the company may be facing operational challenges or business restructuring. The significant decline warrants investor caution. Tanuku's textile industry faces competitive pressure from large spinning mills in Gujarat, Tamil Nadu, and Coimbatore that benefit from economies of scale and better raw material logistics. Smaller spinning mills like Sree Satyanarayana have historically survived through specialized yarn counts, local buyer relationships, and lower overhead structures.

Key Milestones

1962 — Incorporated as Sree Satyanarayana Spinning Mills Limited, ROC Vijayawada, Andhra Pradesh

Common questions about unlisted shares

How do I buy Sree Satyanarayana Spinning Mills unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Sree Satyanarayana Spinning Mills Limited

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