Clover Energy Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 27.81 Cr
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 89.81 Cr
- Satisfied Charges ₹ 256.41 Cr
- Revenue Growth 11.08%
- Profit Growth 7.82%
- Ebitda 1.93%
- Net Worth 8.63%
- Total Assets 1.51%
About Clover Energy
Clover Energy Private Limited (CEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 March 2011 and has a history of 13 years and 11 months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Environment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 27.81 Cr.
The company currently has active open charges totaling ₹89.81 Cr. The company has closed loans amounting to ₹256.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Clover Energy Private Limited India is Manoj Shah as COMPANY SECRETARY. Karthikeyan Akshay, Vijayan Anand, and Ankit Goel serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40108TZ2011PTC016849
- Company No.
016849
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Mar 2011
- Date of AGM
15 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Environment
Who are the key members and board of directors at Clover Energy?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manoj Shah  | Company Secretary | 15-May-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ankit Goel | Nominee Director | 04-Jun-2020 | Current |
| Karthikeyan Akshay | Director | 11-Mar-2011 | Current |
| Vijayan Anand | Director | 11-Mar-2011 | Current |
Financial Performance of Clover Energy.
Clover Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.08% increase. The company also saw a slight improvement in profitability, with a 7.82% increase in profit. The company's net worth moved up by a moderate rise of 8.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Clover Energy?
In 2022, Clover Energy had a promoter holding of 61.32% and a public holding of 38.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Leap India Food & Logistics Private LimitedKarthikeyan Akshay is a mutual person
- Olive Ecopower Private Limited
Karthikeyan Akshay, Vijayan Anand and 1 more are mutual person
- Maple Renewable Power Private Limited
Karthikeyan Akshay, Vijayan Anand and 1 more are mutual person
- Orchid Renewable Powertech Private Limited
Karthikeyan Akshay, Vijayan Anand and 2 more are mutual person
- Iris Ecopower Venture Private Limited
Karthikeyan Akshay, Vijayan Anand and 2 more are mutual person
- Tulip Renewable Powertech Private Limited
Karthikeyan Akshay, Vijayan Anand and 1 more are mutual person
Charges (Loans)
Open Charges
₹89.81 Cr
Satisfied Charges
₹256.41 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 79.81 Cr
- Indian Bank : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2016 | Indian Bank | ₹10.00 Cr | Open |
| 22 Jul 2015 | State Bank Of India | ₹79.81 Cr | Open |
| 11 May 2015 | Srei Infrastructure Finance Limited | ₹89.00 Cr | Satisfied |
| 28 Mar 2013 | Vijaya Bank | ₹13.00 Cr | Satisfied |
| 31 Mar 2012 | Indian Bank | ₹13.00 Cr | Satisfied |
How Many Employees Work at Clover Energy?
Unlock and access historical data on people associated with Clover Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Clover Energy, 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 Clover Energy's trajectory.
Rating
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
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.
Latest Updates, News, and FAQs on Clover Energy
Recent activity within the organization
- Annual General Meeting
Clover Energy Private Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.
- Balance Sheet
Clover Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge registered on 28 Mar 2013 via Charge ID 10418850 with Vijaya Bank was fully satisfied on 31 Dec 2022.
- Charges
A charge registered on 31 Mar 2012 via Charge ID 10352351 with Indian Bank was fully satisfied on 14 Mar 2022.
- Charges
A charge registered on 28 Mar 2012 via Charge ID 10345457 with Others was fully satisfied on 11 Mar 2022.
- Charges
A charge registered on 28 Mar 2012 via Charge ID 10353896 with Tamilnad Mercantile Bank Limited was fully satisfied on 10 Mar 2022.
Recent News, Updates & Announcement
- Renewable energy firm Leap Green to raise $250 million to fund expansion.
Leap Green Energy is targeting to have an installed capacity of above 3,000 MW by 2019-20.
- Leap Green appoints Barclays to help raise $300-400 million | Mint.
Leap Green Energy will use the funds for expansion of its renewable energy capacity.
- Leap Green Energy to expand renewable power capacity to 2 GW by 2020.
The company is expecting to have an installed capacity of above 2 GW by FY2020, it said. The company currently has an operational capacity of 751 MW of wind assets and 400 MW of under construction wind assets.
Frequently asked questions
What is the Incorporation or founding date of Clover Energy Private Limited?
Clover Energy Private Limited was incorporated on 11 Mar 2011.
What is authorized share capital and paid-up capital of Clover Energy Private Limited?
The authorized share capital of Clover Energy Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 27.81 Cr.
Who are the current board members & directors of Clover Energy Private Limited?
Currently 4 directors are associated with Clover Energy Private Limited.
- Karthikeyan Rajeev Akshay
- Vijayan Dev Anand
- Ankit Goel
- Manoj Khagendra Shah
What is the registered address of Clover Energy Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Clover Energy Private Limited is Fourth Floor Caledon Square Avinashi Road Peelamedu, Coimbatore, Tamil Nadu, India, 641004.
What is the corporate identification number (CIN) and company number of Clover Energy Private Limited?
The corporate identification number (CIN) of Clover Energy Private Limited is U40108TZ2011PTC016849 and the company number is 016849 as per Ministry of Corporate Affairs (MCA).
What is the official website of Clover Energy Private Limited?
The Official website of Clover Energy Private Limited is https://www.leapgreenenergy.com
What has been the recent revenue trend for Clover Energy Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Clover Energy Private Limited has risen by 11.08%.
What change has been observed in the net worth of Clover Energy Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Clover Energy Private Limited has experienced an upsurge of 8.63%.
What are the total open charges for Clover Energy Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Clover Energy Private Limited amount to ₹ 89.81 Cr.
When was the last Balance Sheet of Clover Energy Private Limited filed with the ROC?
The most recent Balance Sheet for Clover Energy Private Limited was filed with the ROC on 31 Mar 2023.
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