Everest Power Private Limited

IPP engaged in hydroelectric power generation and developing a 100 MW project in Himachal Pradesh.

2001 | Shimla, Himachal Pradesh (India) | Active
Last Updated:

Everest Power Profile

Key Indicators

  • Authorised Capital ₹ 325.00 Cr
  • Paid Up Capital ₹ 318.10 Cr
  • Company Age 23 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 671.88 Cr
  • Revenue Growth -3.96%
  • Profit Growth -26.79%
  • Ebitda -13.79%
  • Net Worth 13.21%
  • Total Assets 6.48%

About Everest Power

Everest Power Private Limited (EPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 October 2001 and has a history of 23 years and five months. Its registered office is in Shimla, Himachal Pradesh, 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 325.00 Cr and a paid-up capital of Rs 318.10 Cr.

The company has closed loans amounting to ₹671.88 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Everest Power Private Limited India is Shweta Singh as COMPANY SECRETARY. Venkatachutta Mutha and Saleem Syed serve as directors at the Company.

Company Details

  • Location

    Shimla, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40101HP2001PTC024679

  • Company No.

    024679

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 2001

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Environment

What products or services does Everest Power Private Limited offer?

Everest Power Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Engineering Project.

Who are the key members and board of directors at Everest Power?

Executive Team (1)

NameDesignationAppointment DateStatus
Shweta Singh Company Secretary12-Jun-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Venkatachutta Mutha Country flag representing In Director 31-Mar-2020Current
Saleem Syed Country flag representing In Director 31-Mar-2020Current

Financial Performance of Everest Power.

Everest Power Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.96% decrease. The company also saw a substantial fall in profitability, with a 26.79% decrease in profit. The company's net worth Soared by an impressive increase of 13.21%.

Everest Power revenue growth over time
Everest Power 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
-3.96%
Revenue from Operations
-4.88%
Total Assets
6.48%
Profit or Loss
-26.79%
Net Worth
13.21%
EBITDA
-13.79%

What is the Ownership and Shareholding Structure of Everest Power?

In 2023, Everest Power had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹671.88 Cr

Charges Breakdown by Lending Institutions

  • Rural Electrification Corporation Limited : 604.88 Cr
  • State Bank Of Patiala : 40.00 Cr
  • Punjab National Bank : 25.00 Cr
  • Uco Bank : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Apr 2013State Bank Of Patiala₹20.00 CrSatisfied
19 Sep 2012State Bank Of Patiala₹20.00 CrSatisfied
30 Aug 2006Rural Electrification Corporation Limited₹604.88 CrSatisfied
24 Dec 2005Punjab National Bank₹25.00 CrSatisfied
20 Mar 2003Uco Bank₹2.00 CrSatisfied

How Many Employees Work at Everest Power?

Everest Power has a workforce of 46 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.

Employee growth trends for Everest Power Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Everest Power, 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 Power'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 Everest Power

Recent activity within the organization

  • Director Appointment

    Shweta Singh was appointed as a Company Secretary was appointed as a Company Secretary on 12 Jun 2024 & has been associated with this company since 9 months 17 days .

  • Annual General Meeting

    Everest Power Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Everest Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

  • Charges

    A charge registered on 30 Aug 2006 via Charge ID 10019783 with Rural Electrification Corporation Limited was fully satisfied on 28 Oct 2020.

  • Director Appointment

    Venkatachutta Satish Babu Mutha was appointed as a Director was appointed as a Director on 31 Mar 2020 & has been associated with this company since 4 years 11 months .

  • Director Appointment

    Saleem Basha Syed was appointed as a Director was appointed as a Director on 31 Mar 2020 & has been associated with this company since 4 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Everest Power Private Limited?

    Everest Power Private Limited was incorporated on 04 Oct 2001.

  • What is authorized share capital and paid-up capital of Everest Power Private Limited?

    The authorized share capital of Everest Power Private Limited is ₹ 325.00 Cr and paid-up capital is ₹ 318.10 Cr.

  • Who are the current board members & directors of Everest Power Private Limited?

    Currently 3 directors are associated with Everest Power Private Limited.

    • Venkatachutta Satish Babu Mutha
    • Saleem Basha Syed
    • Shweta Singh

  • What is the registered address of Everest Power Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Everest Power Private Limited is H No. C-35 Sector Ii Phase I Main Road New , India, Shimla, Himachal Pradesh, 171009.

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

    The corporate identification number (CIN) of Everest Power Private Limited is U40101HP2001PTC024679 and the company number is 024679 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Everest Power Private Limited?

    The Official website of Everest Power Private Limited is https://www.everestpower.in

  • What has been the recent revenue trend for Everest Power Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Everest Power Private Limited has fallen by -3.96%.

  • How many employees does Everest Power Private Limited currently have?

    As Per 2023 financial reports, 46 employees are currently employed by Everest Power Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Everest Power Private Limited has experienced an upsurge of 13.21%.

  • When was the last Balance Sheet of Everest Power Private Limited filed with the ROC?

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

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