- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0009973

About Clover Energy Private Limited
Data last updated:
Clover Energy Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Leap Green Energy Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 11 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U40108TZ2011PTC016849. Its GSTIN is 33AAECC3271C1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹27.81 Cr. It is led by directors Vijayan Dev Anand and Karthikeyan Rajeev Akshay.
Its last annual general meeting (AGM) was held on 17 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Fourth Floor Caledon Square Avinashi Road Peelamedu, Coimbatore, Tamil Nadu, India – 641004.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.46 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹10.66 Cr (net margin 12.9%) and EBITDA of ₹41.04 Cr (EBITDA margin 49.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹269.16 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending. The company has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹129.14 Cr; the latest was in September 2016. Its 5 peer companies in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 2 smaller; the largest is Greenko Sandla Wind Project Private Limited with revenue of ₹83.83 Cr.
Clover Energy Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0009973). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website leapgreenenergy.com.
Company details
Recognitions & Rankings of Clover Energy
Contact details
Clover Energy Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is leapgreenenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFourth Floor Caledon Square Avinashi Road Peelamedu, Coimbatore, Tamil Nadu, India – 641004
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Clover Energy 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
Business activity
The main business activity of Clover Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Clover Energy Private Limited, buy the company report.
Financials of Clover Energy Private Limited
FY 2025 filings availableClover Energy Private Limited reported revenue of ₹82.46 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 11% 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 | ₹41.04 Cr | ||||
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| Net Profit (PAT) | ₹10.66 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 49.8% | ||||
| Net Profit Margin | 12.9% | ||||
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To see the full financial statements and ratios of Clover Energy Private Limited, buy the company report.
Board of directors of Clover Energy Private Limited
Clover Energy has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayan Dev Anand Also directs: Lilac Ecoenergy Private Limited, Viola Clean Energy Private Limited, Dahlia Green Energy Private Limited and 5 more | Director | 10 Aug 2018 | 8 Years 2 Months | Current |
| Karthikeyan Rajeev Akshay Also directs: Eco Leap Fibers LLP, Rajeev Akshay Karthikeyan & Associates LLP, Nikhila Green LLP and 5 more | Director | 11 Mar 2011 | 15 Years 7 Months | Current |
Peer comparison
Clover Energy Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greenko Sandla Wind Project Private Limited | ₹83.83 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Animala Wind Power Private Limited | ₹83.6 Cr (FY 2025) | -21.0% | Hyderabad, Telangana, India | |||
| JSW Wind Power Limited | ₹82.73 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Clover Energy Private Limitedthis company | ₹82.46 Cr (FY 2025) | ₹10.66 Cr | 12.9% | -2.0% | Coimbatore, Tamil Nadu, India | |
| Inox Clean Energy Limited | ₹82.15 Cr (FY 2025) | 235.0% | Vadodara, Gujarat, India | |||
| Renew Wind Energy (Ap) Private Limited | ₹81.53 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Clover Energy Private Limited, buy the company report.
Auditor
Clover Energy Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 008072S |
Shareholding
The shareholding of Clover Energy Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clover Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2016 | 100028775 | Indian Bank | ₹10 Cr | Open | |
| 22 Jul 2015 | 10595094 | State Bank of India | ₹12.75 Cr | Satisfied | |
| 11 May 2015 | 10568636 | Srei Infrastructure Finance Limited | ₹89 Cr | Satisfied | |
| 28 Mar 2013 | 10418850 | Vijaya Bank | ₹13 Cr | Satisfied | |
| 31 Mar 2012 | 10352351 | Indian Bank | ₹13 Cr | Satisfied |
To see the full charge records of Clover Energy Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Clover Energy Private Limited has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹129.14 Cr; the latest was in September 2016.
Deals on record (5 of 11)
To see the full deal history of Clover Energy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Clover Energy Private Limited has 6 court cases on record: 3 filed by Clover Energy, 3 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 3 | 3 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed against the company by M/S. Shri Govindaraja Textiles (P) Ltd., | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by M/S. Shri Govindaraja Textiles (P) Ltd., | Pending |
| District court, Tirunelveli, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
| District court, Tirunelveli, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
| District court, Tenkasi, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Clover Energy 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.
Credit ratings & regulatory alerts
Clover Energy Private Limited was last rated by Crisil on 19 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Dec 2019 |
To see the full credit ratings and regulatory alerts of Clover Energy Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clover Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Clover Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECC3271C1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clover Energy Private Limited, buy the company report.
Recent activity
Clover Energy Private Limited has 13 board changes on record since 2011: 2 appointments and 11 cessations. The latest: Manoj Khagendra Shah ceased to be Company Secretary on 21 Dec 2024.
28 earlier events are in the company report.
News
Frequently asked questions
Clover Energy is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 11 March 2011 (15+ years old) and is registered under CIN U40108TZ2011PTC016849.
Clover Energy has 2 current directors:
- Vijayan Dev Anand - Director
- Karthikeyan Rajeev Akshay - Director
The latest financial statements of Clover Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Clover Energy is 33AAECC3271C1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Clover Energy is U40108TZ2011PTC016849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clover Energy has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Clover Energy was incorporated on 11 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
Clover Energy has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹129.14 Cr; the latest was in September 2016.
The peers of Clover Energy by revenue are Greenko Sandla Wind Project Private Limited, Animala Wind Power Private Limited, JSW Wind Power Limited, Inox Clean Energy Limited, Renew Wind Energy (Ap) Private Limited, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Manoj Khagendra Shah ceased to be Company Secretary on 21 Dec 2024. Ankit Goel ceased to be Nominee Director on 05 Jul 2024. Raunak Gupta ceased to be Nominee Director on 03 Jun 2020. Clover Energy has 13 board changes on record in total.
Yes, Clover Energy is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0009973).