Everest Starch (India) Private Limited

Produces starch and derivative products, including corn starch and tapioca starch.

2011 | Surendra Nagar, Gujarat (India) | Active
Last Updated: January 02, 2025

Everest Starch (India) Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.58 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 95.37 Cr
  • Revenue Growth 59.22%
  • Profit Growth 54.34%
  • Ebitda 36.79%
  • Net Worth 12.22%
  • Total Assets 11.52%

About Everest Starch (India)

Everest Starch (India) Private Limited (ESIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 June 2011 and has a history of 13 years and eight months. Its registered office is in Surendra Nagar, Gujarat, India.

The Company is engaged in the Chemicals And Materials 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 4.00 Cr and a paid-up capital of Rs 3.58 Cr.

The company currently has active open charges totaling ₹95.37 Cr.

Rajnikant Vadodariya, Rameshbhai Vaishnav, Niravkumar Vaishnav, and One other member serve as directors at the Company.

Company Details

  • Location

    Surendra Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    evereststarch.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15320GJ2011PTC065989

  • Company No.

    065989

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Everest Starch (India) Private Limited offer?

Everest Starch (India) Private Limited offers a wide range of products and services, including Flavours & Aromatics, Starch Powder, Adhesives, Glue and Sealants, Adhesive Gum, Food Stabilizer, Bakery & Confectionery Flavors, Yellow Dextrin, Bakery & Confectionery Products, Confectionery Ingredients, Cereals & Food Grains.

Who are the key members and board of directors at Everest Starch (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Rameshbhai Vaishnav Country flag representing In Director 27-Jul-2011Current
Rajnikant Vadodariya Country flag representing In Director 27-Jul-2011Current
Niravkumar Vaishnav Country flag representing In Director 28-Sep-2011Current
Nilesh Talaviya Country flag representing In Director 22-Jul-2019Current

Financial Performance of Everest Starch (India).

Everest Starch (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 59.22% increase. The company also saw a substantial improvement in profitability, with a 54.34% increase in profit. The company's net worth Soared by an impressive increase of 12.22%.

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
59.22%
Revenue from Operations
61.16%
Total Assets
11.52%
Profit or Loss
54.34%
Net Worth
12.22%
EBITDA
36.79%

What is the Ownership and Shareholding Structure of Everest Starch (India)?

In 2022, Everest Starch (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

₹95.37 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 75.37 Cr
  • Axis Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2024Axis Bank Limited₹20.00 CrOpen
21 Nov 2023Others₹3.75 CrOpen
25 May 2017Others₹25.50 CrOpen
02 Nov 2012Others₹46.12 CrOpen

How Many Employees Work at Everest Starch (India)?

Everest Starch (India) has a workforce of 31 employees as of Mar 27, 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 Starch (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 Starch (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 Starch (India)

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 20.00 Cr registered on 30 Sep 2024 with Charge ID 100987960 was modified on 20 Nov 2024.

    20 Nov 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100987960 was registered on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

    Everest Starch (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Everest Starch (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3.75 Cr with Charge ID 100854251 was registered on 21 Nov 2023.

    21 Nov 2023

  • Charges

    A charge with Others of Rs. 25.50 Cr registered on 25 May 2017 with Charge ID 100103479 was modified on 29 Mar 2023.

    29 Mar 2023

Frequently asked questions

  • Everest Starch (India) Private Limited was incorporated on 20 Jun 2011.

  • The authorized share capital of Everest Starch (India) Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.58 Cr.

  • Currently 4 directors are associated with Everest Starch (India) Private Limited.

    • Rajnikant Nagjibhai Vadodariya
    • Rameshbhai Vallabhbhai Vaishnav
    • Niravkumar Manojkumar Vaishnav
    • Nilesh Talaviya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Everest Starch (India) Private Limited is Survey No. 110 112 Brahmapuri - Vanki Chotila In Chotila, Sayala India, Surendranagar, Gujarat, 363520.

  • The corporate identification number (CIN) of Everest Starch (India) Private Limited is U15320GJ2011PTC065989 and the company number is 065989 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Everest Starch (India) Private Limited is https://www.evereststarch.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Everest Starch (India) Private Limited has risen by 59.22%.

  • As Per 2022 financial reports, 31 employees are currently employed by Everest Starch (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Everest Starch (India) Private Limited has experienced an upsurge of 12.22%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Everest Starch (India) Private Limited amount to ₹ 95.37 Cr.

  • The most recent Balance Sheet for Everest Starch (India) Private Limited was filed with the ROC on 31 Mar 2024.