Coastal Energen Private Limited

Develops and operates a 1,200-MW coal-based thermal power plant in Tamil Nadu.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Coastal Energen Profile

Key Indicators

  • Authorised Capital ₹ 225.00 Cr
  • Paid Up Capital ₹ 210.90 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10,267.85 Cr
  • Revenue Growth 99.54%
  • Profit Growth -25.71%
  • Ebitda -148.81%
  • Net Worth -15.14%
  • Total Assets 1.37%

About Coastal Energen

Coastal Energen Private Limited (CEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 May 2006 and has a history of 18 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Coastal Gujarat Power Company Private Limited. The Company is engaged in the Energy And Power 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 225.00 Cr and a paid-up capital of Rs 210.90 Cr.

The company currently has active open charges totaling ₹10,267.85 Cr.

The Key Managerial Personnel (KMP) at Coastal Energen Private Limited India is Balaji Nangamangalam as CFO. Sandeep Jain and Nishit Dave serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40102TN2006PTC060009

  • Company No.

    060009

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2006

  • Date of AGM

    30 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

Who are the key members and board of directors at Coastal Energen?

Executive Team (1)

NameDesignationAppointment DateStatus
Balaji Nangamangalam CFO02-Apr-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Sandeep Jain Country flag representing In Additional Director 11-Nov-2024Current
Nishit Dave Country flag representing In Additional Director 11-Nov-2024Current

Financial Performance of Coastal Energen.

Coastal Energen Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 99.54% increase. The company also saw a substantial fall in profitability, with a 25.71% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.14%.

Coastal Energen revenue growth over time
Coastal Energen profit and loss trends over time
  • 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
99.54%
Revenue from Operations
106.42%
Total Assets
1.37%
Profit or Loss
-25.71%
Net Worth
-15.14%
EBITDA
-148.81%

What is the Ownership and Shareholding Structure of Coastal Energen?

In 2023, Coastal Energen had a promoter holding of 40.38% and a public holding of 59.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10,267.85 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 8374.20 Cr
  • State Bank Of India : 1058.40 Cr
  • Indian Overseas Bank : 303.33 Cr
  • Ifci Limited : 200.00 Cr
  • Others : 126.00 Cr
  • Others : 205.92 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2018Sbicap Trustee Company Limited₹325.00 CrOpen
23 Mar 2017Others₹126.00 CrOpen
11 Aug 2016Sbicap Trustee Company Limited₹1,169.84 CrOpen
30 Mar 2016Sbicap Trustee Company Limited₹1,233.00 CrOpen
18 Dec 2015Bank Of India₹48.90 CrOpen

How Many Employees Work at Coastal Energen?

Coastal Energen has a workforce of 65 employees as of Mar 30, 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 growth trends for Coastal Energen Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coastal Energen, 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 Coastal Energen'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.

Latest Updates, News, and FAQs on Coastal Energen

Recent activity within the organization

  • Director Appointment

    Sandeep Jain was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2024 & has been associated with this company since 4 months 19 days .

  • Director Appointment

    Nishit Harshadrai Dave was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2024 & has been associated with this company since 4 months 19 days .

  • Annual General Meeting

    Coastal Energen Private Limited last Annual general meeting of members was held on 30 Oct 2023 as per latest MCA records.

  • Balance Sheet

    Coastal Energen Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Director Appointment

    Balaji Kandhadai Nangamangalam was appointed as a Cfo was appointed as a Cfo on 02 Apr 2021 & has been associated with this company since 3 years 11 months .

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 325.00 Cr with Charge ID 100146484 was registered on 11 Jan 2018.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Coastal Energen Private Limited?

    Coastal Energen Private Limited was incorporated on 29 May 2006.

  • What is authorized share capital and paid-up capital of Coastal Energen Private Limited?

    The authorized share capital of Coastal Energen Private Limited is ₹ 225.00 Cr and paid-up capital is ₹ 210.90 Cr.

  • Who are the current board members & directors of Coastal Energen Private Limited?

    Currently 3 directors are associated with Coastal Energen Private Limited.

    • Sandeep Jain
    • Nishit Harshadrai Dave
    • Balaji Kandhadai Nangamangalam

  • What is the registered address of Coastal Energen Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Coastal Energen Private Limited is No.5 Moores Road, India, Chennai, Tamil Nadu, 600006.

  • What is the corporate identification number (CIN) and company number of Coastal Energen Private Limited?

    The corporate identification number (CIN) of Coastal Energen Private Limited is U40102TN2006PTC060009 and the company number is 060009 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Coastal Energen Private Limited?

    The Official website of Coastal Energen Private Limited is https://www.coastalenergen.com

  • What has been the recent revenue trend for Coastal Energen Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Coastal Energen Private Limited has risen by 99.54%.

  • How many employees does Coastal Energen Private Limited currently have?

    As Per 2023 financial reports, 65 employees are currently employed by Coastal Energen Private Limited.

  • What change has been observed in the net worth of Coastal Energen Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Coastal Energen Private Limited has experienced an downturn of -15.14%.

  • What are the total open charges for Coastal Energen Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Coastal Energen Private Limited amount to ₹ 10,267.85 Cr.

  • When was the last Balance Sheet of Coastal Energen Private Limited filed with the ROC?

    The most recent Balance Sheet for Coastal Energen Private Limited was filed with the ROC on 31 Mar 2023.

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