Eastea Chai Private Limited

Produces blended tea and trades in Kerala, founded by Navas and Firoz Meeran in 2010.

2010 | Ernakulam, Kerala (India) | Active
Last Updated: October 23, 2024

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

    eastea.in

  • 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.

Who are the key members and board of directors at Eastea Chai?

Board Members (4)

NameDesignationAppointment DateStatus
Shan Mohammed Country flag representing In Additional Director 14-Mar-2024Current
Navas Meeran Country flag representing In Director 24-Mar-2010Current
Feroz Meeran Country flag representing In Director 24-Mar-2010Current
Sameer Mohamed Country flag representing In Nominee Director 16-Dec-2022Current

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%.

Graph illustrating revenue growth over time
Graph showing 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
-11.30%
Revenue from Operations
-12.25%
Total Assets
20.38%
Profit or Loss
-99.53%
Net Worth
0.07%
EBITDA
-81.50%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
30 Dec 2023Others₹1.05 MOpen
30 Dec 2023Others₹1.32 MOpen
25 Jul 2023Hdfc Bank Limited₹8.71 MOpen
30 Jun 2023Hdfc Bank Limited₹22.89 CrOpen
23 Sep 2022Others₹10.60 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    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 11 months 11 days .

    14 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100848419 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100851109 was registered on 30 Dec 2023.

    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.

    28 Sep 2023

  • 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.

    08 Aug 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Eastea Chai Private Limited was incorporated on 24 Mar 2010.

  • The authorized share capital of Eastea Chai Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.45 Cr.

  • Currently 4 directors are associated with Eastea Chai Private Limited.

    • Navas Manalumparayil Meeran
    • Feroz Meeran
    • Shan Mohammed
    • Sameer Kunhu Mohamed
  • 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.

  • 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).

  • The Official website of Eastea Chai Private Limited is https://www.eastea.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Eastea Chai Private Limited has fallen by -11.30%.

  • As Per 2023 financial reports, 242 employees are currently employed by Eastea Chai Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Eastea Chai Private Limited amount to ₹ 37.50 Cr.

  • The most recent Balance Sheet for Eastea Chai Private Limited was filed with the ROC on 31 Mar 2023.

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