Everest Spinners India Private Limited

Textile manufacturing company specializing in yarn and cloth production, established in 2004.

2004 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Everest Spinners India Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.27 Cr
  • Satisfied Charges ₹ 10.79 Cr
  • Revenue Growth -0.45%
  • Profit Growth 16.09%
  • Ebitda 11.92%
  • Net Worth 2.49%
  • Total Assets 0.08%

About Everest Spinners India

Everest Spinners India Private Limited (ESIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 June 2004 and has a history of 20 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹12.27 Cr. The company has closed loans amounting to ₹10.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ponnusamy Soundararaj, Ponnusamy Janaki, Palladam Vijayalakshmi, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2004PTC011195

  • Company No.

    011195

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Executive Team (2)

NameDesignationAppointment DateStatus
Ponnusamy Soundararaj Country flag representing In Managing Director20-May-2005Current
Arumugagounder Ponnusamy Country flag representing In Managing Director20-May-2005Current

Board Members (2)

NameDesignationAppointment DateStatus
Ponnusamy Janaki Country flag representing In Director 07-Dec-2005Current
Palladam Vijayalakshmi Country flag representing In Director 07-Dec-2005Current

Financial Performance of Everest Spinners India.

Everest Spinners India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.45% decrease. The company also saw a substantial improvement in profitability, with a 16.09% increase in profit. The company's net worth moved up by a moderate rise of 2.49%.

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
-0.45%
Revenue from Operations
-0.47%
Total Assets
0.08%
Profit or Loss
16.09%
Net Worth
2.49%
EBITDA
11.92%

What is the Ownership and Shareholding Structure of Everest Spinners India?

In 2023, Everest Spinners India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.27 Cr

Satisfied Charges

₹10.79 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 12.27 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 2022City Union Bank Limited₹12.27 CrOpen
30 Jan 2013Reliance Capital Ltd₹2.44 MSatisfied
24 Jun 2005The South Indian Bank Ltd₹10.55 CrSatisfied

How Many Employees Work at Everest Spinners India?

Everest Spinners India has a workforce of 56 employees as of Apr 08, 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 Everest Spinners India, 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 Spinners India'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 Spinners India

Recent activity within the organization

  • Annual General Meeting

    Everest Spinners India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Everest Spinners India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 24 Jun 2005 via Charge ID 90001906 with The South Indian Bank Ltd was fully satisfied on 14 Nov 2022.

    14 Nov 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 12.27 Cr with Charge ID 100599903 was registered on 18 Jul 2022.

    18 Jul 2022

  • Charges

    A charge registered on 30 Jan 2013 via Charge ID 10400190 with Reliance Capital Ltd was fully satisfied on 27 Jun 2019.

    27 Jun 2019

  • Charges

    A charge with The South Indian Bank Ltd of Rs. 10.55 Cr registered on 24 Jun 2005 with Charge ID 90001906 was modified on 04 Mar 2015.

    04 Mar 2015

Frequently asked questions

  • Everest Spinners India Private Limited was incorporated on 23 Jun 2004.

  • The authorized share capital of Everest Spinners India Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 4 directors are associated with Everest Spinners India Private Limited.

    • Ponnusamy Soundararaj
    • Ponnusamy Janaki
    • Palladam Soundararaj Vijayalakshmi
    • Arumugagounder Ponnusamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Everest Spinners India Private Limited is S.F.No.473, Pollachi Road Venkitapuram India, Palladam, Tamil Nadu, 641664.

  • The corporate identification number (CIN) of Everest Spinners India Private Limited is U17111TZ2004PTC011195 and the company number is 011195 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Everest Spinners India Private Limited has fallen by -0.45%.

  • As Per 2023 financial reports, 56 employees are currently employed by Everest Spinners India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Everest Spinners India Private Limited has experienced an upsurge of 2.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Everest Spinners India Private Limited amount to ₹ 12.27 Cr.

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