Evergreen Equity Research Private Limited
About Evergreen Equity Research Private Limited
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Evergreen Equity Research Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 30 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1993PTC073701. Its GSTIN is 27AABCE3722D1Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹31.7 Cr and a paid-up capital of ₹28.58 Cr. It is led by directors Hemendra Kumar Paliwal and Bhawani Shankar Paliwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹84,030, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹51.87 Lakh and EBITDA of -₹5.98 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 64% over five years.
Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Evergreen Equity Research has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH1993PTC073701, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1993PTC073701 | Current |
| U63000MH1993PTC073701 | Previous |
| U67110MH1993PTC073701 | Previous |
Contact details
Evergreen Equity Research Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 30 2nd Floor Nana Sunkersett Smriti Building, Amruteshwar Co – Operative Housing Society Ltd 380/82 Jagannath Sunkersett Road, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Evergreen Equity Research Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Evergreen Equity Research Private Limited
FY 2024 filings availableEvergreen Equity Research Private Limited reported revenue of ₹84,030 (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 79% fall in the latest year. EBITDA fell 8% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.98 Lakh | ||||
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| Net Profit (PAT) | -₹51.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Evergreen Equity Research Private Limited, buy the company report.
Board of directors of Evergreen Equity Research Private Limited
Evergreen Equity Research has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemendra Kumar Paliwal Also directs: Rhyah Tradex Private Limited, Revati Mercantile Private Limited, MPK Equity Research LLP and 3 more | Director | 17 May 2025 | 1 Years 5 Months | Current |
| Bhawani Shankar Paliwal Also directs: Raghav Shares Services LLP, Swikriti Trading Private Limited, Wizard Multitrade Private Limited and 2 more | Director | 10 Jun 2013 | 13 Years 4 Months | Current |
Auditor
Evergreen Equity Research Private Limited is audited by Sharma Kapil & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharma Kapil & ASSOCIATES | FY 2023 | 159218W |
Shareholding
The shareholding of Evergreen Equity Research Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Evergreen Equity Research Private Limited, buy the company report.
Legal cases
Evergreen Equity Research Private Limited has 7 court cases on record: 4 filed by Evergreen Equity Research, 3 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Asst Commissioner of Income Tax 4 2 1 | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax Circle 4( and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Assistant Commissoiner of Income Tax,Circel 4( and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax-Circle 4( and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 4 ( and 2 others | Disposed |
To see the full case history of Evergreen Equity Research Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evergreen Equity Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Evergreen Equity Research has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE3722D1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Evergreen Equity Research Private Limited, buy the company report.
Recent activity
Evergreen Equity Research Private Limited has 14 board changes on record since 2009: 2 appointments and 12 cessations. The latest: Hemendra Kumar Paliwal ceased to be Additional Director on 28 Sep 2025.
5 earlier events are in the company report.
Frequently asked questions
Evergreen Equity Research is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 30 August 1993 (33+ years old) and is registered under CIN U74110MH1993PTC073701.
Evergreen Equity Research has 2 current directors:
- Hemendra Kumar Paliwal - Director
- Bhawani Shankar Paliwal - Director
The latest financial statements of Evergreen Equity Research on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Evergreen Equity Research is 27AABCE3722D1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Evergreen Equity Research is U74110MH1993PTC073701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evergreen Equity Research has 7 court cases on record: 4 filed by the company and 3 filed against it. 3 are pending.
Evergreen Equity Research was incorporated on 30 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemendra Kumar Paliwal ceased to be Additional Director on 28 Sep 2025. Hemendra Kumar Paliwal was appointed as Director on 17 May 2025. Ram Mohan Chobisa ceased to be Additional Director on 28 Sep 2018. Evergreen Equity Research has 14 board changes on record in total.
The registered office of Evergreen Equity Research is at Office No. 30 2nd Floor Nana Sunkersett Smriti Building, Amruteshwar Co – Operative Housing Society Ltd 38082 Jagannath Sunkersett Road, Mumbai, Maharashtra, India – 400002.
Evergreen Equity Research operates in the financial services industry, in the real estate financing segment.
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