Everest Spinners India Private Limited - Company Profile

It is a manufacturing private limited company based in Palladam, Tamil Nadu, India, established in 2004.
2004 Palladam, Tamil Nadu, India Active
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About Everest Spinners India Private Limited

Everest Spinners India Private Limited, a active private limited company, was established on 23 June 2004 in Palladam, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ2004PTC011195. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹4.00 Cr.

It upholds a compliant status. Employing 56 professional, Its leadership includes Arumugagounder Ponnusamy (Managing Director), Ponnusamy Soundararaj (Managing Director), Ponnusamy Janaki (Director). It holds ₹13.37 Cr open charges and ₹10.79 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S.F.No.473, Pollachi Road Venkitapuram, Palladam, Tamil Nadu, 641664.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17111TZ2004PTC011195

  • Registration Number

    011195

  • Incorporation Date

    23 June 2004

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹4.00 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.37 Cr
  • Satisfied Charges ₹ 10.79 Cr
  • Revenue Growth **** -0.45%
  • Profit Growth **** 16.09%
  • Ebitda **** 1.83%
  • Net Worth 2.49%
  • Total Assets **** 0.08%
Company report

Everest Spinners India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Everest Spinners India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Everest Spinners India Private Limited?
Current Directors
Name Designation Appointment Date Status
Arumugagounder Ponnusamy Managing Director 20 May 2005 Current
Ponnusamy Soundararaj Managing Director 20 May 2005 Current
Ponnusamy Janaki Director 07 Dec 2005 Current
Palladam Soundararaj Vijayalakshmi Director 07 Dec 2005 Current

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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%.

Everest Spinners India revenue growth over time
Everest Spinners India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
*******
 1.83%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹133,687,000.00

Satisfied Charges

₹107,940,000.00

Charges Breakdown by Lending Institutions
  • City Union Bank Limited : 13.37 Cr
Latest Charge Details
Date Lender Amount Status
18 Jul 2022 City Union Bank Limited ₹13.37 Cr Open
30 Jan 2013 Reliance Capital Ltd ₹2.44 M Satisfied
24 Jun 2005 The South Indian Bank Ltd ₹10.55 Cr Satisfied

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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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Everest Spinners India
Recent Activity within the Organization
  • Charges

    A charge with City Union Bank Limited of Rs. 13.37 Cr registered on 18 Jul 2022 with Charge ID 100599903 was modified on 11 Aug 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Everest Spinners India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Everest Spinners India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Charges

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

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 13.37 Cr with Charge ID 100599903 was registered on 18 Jul 2022. was recorded as a recent event.

  • Charges

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

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Frequently Asked Questions
What is the CIN of Everest Spinners India Private Limited?

The CIN of Everest Spinners India Private Limited is U17111TZ2004PTC011195.

Where is Everest Spinners India Private Limited headquartered?

Everest Spinners India Private Limited is headquartered at S.F.No.473, Pollachi Road Venkitapuram, Palladam, Tamil Nadu, 641664.

When was Everest Spinners India Private Limited incorporated?

Everest Spinners India Private Limited was incorporated on 23 June 2004.

Who are the current directors of Everest Spinners India Private Limited?

The current directors of Everest Spinners India Private Limited are

What is the primary industry of Everest Spinners India Private Limited?

The primary industry of Everest Spinners India Private Limited is Manufacturing.

Is Everest Spinners India Private Limited a listed company?

Everest Spinners India Private Limited is unlisted.

What is the capital structure of Everest Spinners India Private Limited?

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

What is the compliance status of Everest Spinners India Private Limited?

The compliance status of Everest Spinners India Private Limited is Compliant.

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