Everest Fleet Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.19 M
- Company Age 6 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 859.97 Cr
- Satisfied Charges ₹ 20.19 Cr
- Revenue Growth 201.28%
- Profit Growth 688.86%
- Ebitda 364.61%
- Net Worth 387.83%
- Total Assets 189.82%
About Everest Fleet
Everest Fleet Private Limited (EFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 31 October 2018 (Six years and four months 4 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.19 M.
The company currently has active open charges totaling ₹859.97 Cr. The company has closed loans amounting to ₹20.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sumeet Nindrajog, Prihans Dedhiya, Siddharth Ladsariya, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63090MH2018PTC316634
- Company No.
316634
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Oct 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
Who are the key members and board of directors at Everest Fleet?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumeet Nindrajog  | Nominee Director | 08-Sep-2023 | Current |
| Prihans Dedhiya | Whole-Time Director | 31-Oct-2018 | Current |
| Apurav Mahajan | Whole-Time Director | 29-Aug-2023 | Current |
| Siddharth Ladsariya | Whole-Time Director | 31-Oct-2018 | Current |
| Anand Chheda | Additional Director | 21-Nov-2024 | Current |
| Saranya Agrawal | Nominee Director | 21-Nov-2024 | Current |
Financial Performance of Everest Fleet.
Everest Fleet Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 201.28% increase. The company also saw a substantial improvement in profitability, with a 688.86% increase in profit. The company's net worth Soared by an impressive increase of 387.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Everest Fleet?
In 2022, Everest Fleet had a promoter holding of 84.18% and a public holding of 15.82%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hhv Advanced Technologies Private LimitedSaranya Agrawal is a mutual person
- Everest Fleet North Private Limited
Siddharth Ladsariya and Apurav Mahajan are mutual person
Paragon Advisor Partners LlpSumeet Nindrajog is a mutual person
Eshakti.Com Private LimitedSumeet Nindrajog is a mutual person
Head Digital Works Private LimitedSumeet Nindrajog is a mutual person
Free Stream Technologies Private LimitedSumeet Nindrajog is a mutual person
Charges (Loans)
Open Charges
₹8,599.68 M
Satisfied Charges
₹201.89 M
Charges Breakdown by Lending Institutions
- Others : 746.59 Cr
- Hdfc Bank Limited : 56.63 Cr
- State Bank Of India : 35.50 Cr
- Axis Bank Limited : 15.00 Cr
- Tjsb Sahakari Bank Limited : 5.00 Cr
- Others : 1.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2024 | Others | ₹21.00 Cr | Open |
| 30 Aug 2024 | Others | ₹10.00 Cr | Open |
| 12 Aug 2024 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 31 Jul 2024 | Others | ₹10.00 Cr | Open |
| 04 Jul 2024 | Others | ₹27.25 Cr | Open |
How Many Employees Work at Everest Fleet?
Everest Fleet has a workforce of 1416 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 Everest Fleet, 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 Everest Fleet'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 Everest Fleet
Recent activity within the organization
- Charges
A charge registered on 29 Dec 2023 via Charge ID 100837388 with Others was fully satisfied on 30 Nov 2024.
- Charges
A charge with Others amounted to Rs. 210.00 M with Charge ID 101014238 was registered on 29 Nov 2024.
- Director Appointment
Anand Khushal Chheda was appointed as a Additional Director was appointed as a Additional Director on 21 Nov 2024 & has been associated with this company since 3 months 12 days .
- Director Appointment
Saranya Mukul Agrawal was appointed as a Nominee Director was appointed as a Nominee Director on 21 Nov 2024 & has been associated with this company since 3 months 12 days .
- Annual General Meeting
Everest Fleet Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 100.00 M with Charge ID 100970924 was registered on 30 Aug 2024.
Recent News, Updates & Announcement
- Early-stage VC Artha scores partial exit from Everest Fleet for $2 million.
Talking to ET, Artha Venture Fund managing partner Anirudh Damani said the firm was targeting two more exits, partial and complete, in the next 12 months..
- Everest Fleet Secures Rs 50 Crore Funding from Paragon Partners for Expansion and Electric Vehicle Transition.
Everest Fleet, a Mumbai-based mobility company, has received Rs 50 crore in funding from private equity firm Paragon Partners. This comes after the company raised debt from Arka Credit Fund I and a $20 million investment from Uber. Everest Fleet operates in seven cities and provides vehicles to Uber and Ola. The company plans to expand and transition to electric vehicles. Investors believe in the potential of shared mobility in India and are excited to partner with Everest Fleet..
Frequently asked questions
What is the Incorporation or founding date of Everest Fleet Private Limited?
Everest Fleet Private Limited was incorporated on 31 Oct 2018.
What is authorized share capital and paid-up capital of Everest Fleet Private Limited?
The authorized share capital of Everest Fleet Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.19 M.
Who are the current board members & directors of Everest Fleet Private Limited?
Currently 7 directors are associated with Everest Fleet Private Limited.
- Sumeet Singh Nindrajog
- Prihans Malay Dedhiya
- Siddharth Anand Ladsariya
- Apurav Mahajan
- Anand Khushal Chheda
- Saranya Mukul Agrawal
- Sekhar Shivashailendran
What is the registered address of Everest Fleet Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Everest Fleet Private Limited is C -105 Mhatre Pen Building Senapati Bapat Marg, Dadar West India, Mumbai, Maharashtra, 400028.
What is the corporate identification number (CIN) and company number of Everest Fleet Private Limited?
The corporate identification number (CIN) of Everest Fleet Private Limited is U63090MH2018PTC316634 and the company number is 316634 as per Ministry of Corporate Affairs (MCA).
What is the official website of Everest Fleet Private Limited?
The Official website of Everest Fleet Private Limited is https://www.everestfleet.com
What has been the recent revenue trend for Everest Fleet Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Everest Fleet Private Limited has risen by 201.28%.
How many employees does Everest Fleet Private Limited currently have?
As Per 2022 financial reports, 1416 employees are currently employed by Everest Fleet Private Limited.
What change has been observed in the net worth of Everest Fleet Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Everest Fleet Private Limited has experienced an upsurge of 387.83%.
What are the total open charges for Everest Fleet Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Everest Fleet Private Limited amount to ₹ 859.97 Cr.
When was the last Balance Sheet of Everest Fleet Private Limited filed with the ROC?
The most recent Balance Sheet for Everest Fleet Private Limited was filed with the ROC on 31 Mar 2024.