Everrenew Energy Private Limited

Project management solutions for wind and solar energy industries, from concept to commissioning.

2019 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Everrenew Energy Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.55 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 194.56 Cr
  • Revenue Growth 19320.60%
  • Profit Growth 6113.13%
  • Ebitda 4850.07%
  • Net Worth 520.28%
  • Total Assets 5296.90%

About Everrenew Energy

Everrenew Energy Private Limited (EEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 11 January 2019 (Six years and two months 17 days old ). Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Energy And Power 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 1.00 Cr and a paid-up capital of Rs 1.55 M.

The company currently has active open charges totaling ₹194.56 Cr.

The Key Managerial Personnel (KMP) at Everrenew Energy Private Limited India are Venkatesh Rajaratnam as Ceo, Ashwin as Company Secretary, and Ranganathan as Cfo. Raaja Sundaram, Suresh Padmanaban, Raja Gunasekaran, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TN2019PTC126869

  • Company No.

    126869

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jan 2019

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

Who are the key members and board of directors at Everrenew Energy?

Executive Team (3)

NameDesignationAppointment DateStatus
Venkatesh Rajaratnam CEO08-Jul-2022Current
Ashwin Company Secretary28-Aug-2023Current
Ranganathan CFO27-Feb-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Suresh Padmanaban Country flag representing In Director 03-Jun-2024Current
Raaja Sundaram Country flag representing In Director 25-Feb-2021Current
Raja Gunasekaran Country flag representing In Director 24-May-2023Current
Johnson Thankachen Director 07-Jun-2024Current

Financial Performance of Everrenew Energy.

Everrenew Energy Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 19320.6% increase. The company also saw a substantial improvement in profitability, with a 6113.13% increase in profit. The company's net worth Soared by an impressive increase of 520.28%.

Everrenew Energy revenue growth over time
Everrenew Energy 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
19320.60%
Revenue from Operations
19317.74%
Total Assets
5296.90%
Profit or Loss
6113.13%
Net Worth
520.28%
EBITDA
4850.07%

What is the Ownership and Shareholding Structure of Everrenew Energy?

In 2022, Everrenew Energy had a promoter holding of 75.75% and a public holding of 24.24%. The company had 7 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹194.56 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 121.00 Cr
  • Axis Bank Limited : 41.56 Cr
  • Yes Bank Limited : 32.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2024Axis Bank Limited₹40.00 CrOpen
16 Feb 2024Others₹27.00 CrOpen
29 Dec 2023Others₹25.00 CrOpen
27 Nov 2023Yes Bank Limited₹32.00 CrOpen
30 Sep 2023Others₹50.00 CrOpen

How Many Employees Work at Everrenew Energy?

Everrenew Energy has a workforce of 398 employees as of Apr 01, 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 Everrenew Energy Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Everrenew Energy, 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 Everrenew Energy'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 Everrenew Energy

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100989181 was registered on 25 Sep 2024.

  • Charges

    A charge with Yes Bank Limited of Rs. 32.00 Cr registered on 27 Nov 2023 with Charge ID 100831989 was modified on 07 Aug 2024.

  • Director Appointment

    Johnson Thankachen was appointed as a Director was appointed as a Director on 07 Jun 2024 & has been associated with this company since 9 months 20 days .

  • Director Appointment

    Suresh Padmanaban was appointed as a Director was appointed as a Director on 03 Jun 2024 & has been associated with this company since 9 months 24 days .

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 30 Sep 2023 with Charge ID 100792150 was modified on 29 Feb 2024.

  • Director Appointment

    Ranganathan was appointed as a Cfo was appointed as a Cfo on 27 Feb 2024 & has been associated with this company since 1 year 29 days .

Frequently asked questions

  • What is the Incorporation or founding date of Everrenew Energy Private Limited?

    Everrenew Energy Private Limited was incorporated on 11 Jan 2019.

  • What is authorized share capital and paid-up capital of Everrenew Energy Private Limited?

    The authorized share capital of Everrenew Energy Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.55 M.

  • Who are the current board members & directors of Everrenew Energy Private Limited?

    Currently 7 directors are associated with Everrenew Energy Private Limited.

    • Raaja Sundaram
    • Suresh Padmanaban
    • Raja Raju Gunasekaran
    • Johnson Thankachen
    • Venkatesh Rajaratnam
    • Ashwin
    • Ranganathan

  • What is the registered address of Everrenew Energy Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Everrenew Energy Private Limited is Aneja Towers Plot No. 4 5 Developed Estate For Electrical Electronics And Instrument Industries B Block 2Nd Floor Perungudi Omr, Chennai India, Saidapet, Tamil Nadu, 600096.

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

    The corporate identification number (CIN) of Everrenew Energy Private Limited is U74999TN2019PTC126869 and the company number is 126869 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Everrenew Energy Private Limited?

    The Official website of Everrenew Energy Private Limited is https://www.everrenew.com

  • What has been the recent revenue trend for Everrenew Energy Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Everrenew Energy Private Limited has risen by 19320.60%.

  • How many employees does Everrenew Energy Private Limited currently have?

    As Per 2022 financial reports, 398 employees are currently employed by Everrenew Energy Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Everrenew Energy Private Limited has experienced an upsurge of 520.28%.

  • What are the total open charges for Everrenew Energy Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Everrenew Energy Private Limited amount to ₹ 194.56 Cr.

  • When was the last Balance Sheet of Everrenew Energy Private Limited filed with the ROC?

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

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