Eastea Chai Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.45 Cr
- Company Age 14 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 37.50 Cr
- Satisfied Charges ₹ 30.60 Cr
- Revenue Growth -11.30%
- Profit Growth -99.53%
- Ebitda -81.50%
- Net Worth 0.07%
- Total Assets 20.38%
About Eastea Chai
Eastea Chai Private Limited (ECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 March 2010 and has a history of 14 years and 11 months. Its registered office is in Ernakulam, Kerala, India.
The Company is engaged in the Agriculture 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 3.50 Cr and a paid-up capital of Rs 3.45 Cr.
The company currently has active open charges totaling ₹37.50 Cr. The company has closed loans amounting to ₹30.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Navas Meeran, Feroz Meeran, Shan Mohammed, and One other member serve as directors at the Company.
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15491KL2010PTC025741
- Company No.
025741
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Mar 2010
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Agriculture
What products or services does Eastea Chai Private Limited offer?
Eastea Chai Private Limited offers a wide range of products and services, including Ag Tea, Broken Pekoe.
Eastea Chai Private Limited
Explore comprehensive data for Eastea Chai Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Eastea Chai?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shan Mohammed  | Additional Director | 14-Mar-2024 | Current |
| Navas Meeran | Director | 24-Mar-2010 | Current |
| Feroz Meeran | Director | 24-Mar-2010 | Current |
| Sameer Mohamed | Nominee Director | 16-Dec-2022 | Current |
Financial Performance of Eastea Chai.
Eastea Chai Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.3% decrease. The company also saw a substantial fall in profitability, with a 99.53% decrease in profit. The company's net worth moved up by a moderate rise of 0.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Eastea Chai?
In 2023, Eastea Chai had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nanma Properties LimitedNavas Meeran and Feroz Meeran are mutual person
Eastern Treads LimitedNavas Meeran is a mutual person
Eastern Mattresses Private LimitedNavas Meeran and Feroz Meeran are mutual person
Eastern Food Speciality Formulations Private LimitedNavas Meeran is a mutual person
- Eastern Retreads Pvt Ltd
Navas Meeran is a mutual person
Bams Condiments Impex Private LimitedNavas Meeran is a mutual person
Charges (Loans)
Open Charges
₹37.50 Cr
Satisfied Charges
₹30.60 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 23.76 Cr
- Others : 10.99 Cr
- The Federal Bank Limited : 1.48 Cr
- Yes Bank Limited : 1.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2023 | Others | ₹1.05 M | Open |
| 30 Dec 2023 | Others | ₹1.32 M | Open |
| 25 Jul 2023 | Hdfc Bank Limited | ₹8.71 M | Open |
| 30 Jun 2023 | Hdfc Bank Limited | ₹22.89 Cr | Open |
| 23 Sep 2022 | Others | ₹10.60 Cr | Open |
How Many Employees Work at Eastea Chai?
Eastea Chai has a workforce of 242 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Eastea Chai, 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 Eastea Chai'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 Eastea Chai
Recent activity within the organization
- Charges
A charge registered on 30 Nov 2021 via Charge ID 100530794 with Others was fully satisfied on 25 Apr 2024.
- Director Appointment
Shan Mohammed was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2024 & has been associated with this company since 1 year 6 days .
- Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100848419 was registered on 30 Dec 2023.
- Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100851109 was registered on 30 Dec 2023.
- Annual General Meeting
Eastea Chai Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 22.89 Cr registered on 30 Jun 2023 with Charge ID 100757486 was modified on 08 Aug 2023.
Recent News, Updates & Announcement
- Spice Struggle: Selling a Family Business Worth Millions in the Competitive Indian Spice Industry.
When you realize your family's spice business is worth $250-280 million and you can sell it to private equity funds, but you also have to compete with local brands like Nirapara and Kitchen Treasures in Kerala and Everest Spices and MDH Masala across India. #SpiceStruggle #FamilyBusinessGoals #SellOut #IndianSpicesIndustry.
Frequently asked questions
What is the Incorporation or founding date of Eastea Chai Private Limited?
Eastea Chai Private Limited was incorporated on 24 Mar 2010.
What is authorized share capital and paid-up capital of Eastea Chai Private Limited?
The authorized share capital of Eastea Chai Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.45 Cr.
Who are the current board members & directors of Eastea Chai Private Limited?
Currently 4 directors are associated with Eastea Chai Private Limited.
- Navas Manalumparayil Meeran
- Feroz Meeran
- Shan Mohammed
- Sameer Kunhu Mohamed
What is the registered address of Eastea Chai Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Eastea Chai Private Limited is 15/66 67 Nellimattom P.O, Kavalangad India, Kothamangalam, Kerala, 686693.
What is the corporate identification number (CIN) and company number of Eastea Chai Private Limited?
The corporate identification number (CIN) of Eastea Chai Private Limited is U15491KL2010PTC025741 and the company number is 025741 as per Ministry of Corporate Affairs (MCA).
What is the official website of Eastea Chai Private Limited?
The Official website of Eastea Chai Private Limited is https://www.eastea.in
What has been the recent revenue trend for Eastea Chai Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Eastea Chai Private Limited has fallen by -11.30%.
How many employees does Eastea Chai Private Limited currently have?
As Per 2023 financial reports, 242 employees are currently employed by Eastea Chai Private Limited.
What change has been observed in the net worth of Eastea Chai Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Eastea Chai Private Limited has experienced an upsurge of 0.07%.
What are the total open charges for Eastea Chai Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Eastea Chai Private Limited amount to ₹ 37.50 Cr.
When was the last Balance Sheet of Eastea Chai Private Limited filed with the ROC?
The most recent Balance Sheet for Eastea Chai Private Limited was filed with the ROC on 31 Mar 2023.
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