About Everest Starch (India) Private Limited
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Everest Starch (India) Private Limited is a private limited company based in Surendranagar, Gujarat, India. It operates in the industrial enzymes and biochemicals segment of the chemicals and materials sector. It was incorporated on 20 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15320GJ2011PTC065989. Its GSTIN is 24AACCE7421J1ZS (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.58 Cr. It is led by directors including Nilesh Talaviya and Rameshbhai Vallabhbhai Vaishnav.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surendranagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹466.34 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹5.03 Cr (net margin 1.1%) and EBITDA of ₹15.6 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Everest Starch. As per MCA filings, the company has open charges of ₹86.55 Cr and satisfied charges of ₹33.02 Cr on record. Court records list 20 cases involving the company, including 6 filed by the company and 14 filed against it; 1 case is pending. The company has 12 deals on record (9 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹11 Cr; the latest was in February 2023. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 37 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evereststarch.com.
Company details
Contact details
Everest Starch (India) Private Limited's registered office is in Surendranagar, Gujarat. Its website is evereststarch.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 110 112 Brahmapuri – Vanki Chotila In Chotila, Sayala, Surendranagar, Gujarat, India – 363520
- IndustryChemicals and Materials, Industrial Enzymes & Biochemicals
To see the full contact details of Everest Starch (India) 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
Brands
Everest Starch (India) operates one associated brand: Everest Starch. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Maize starch production and supply in India. | evereststarch.com |
Business activity
The main business activity of Everest Starch (India) is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Everest Starch (India) Private Limited, buy the company report.
Financials of Everest Starch (India) Private Limited
FY 2025 filings availableEverest Starch (India) Private Limited reported revenue of ₹466.34 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 6% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹466.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.03 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Everest Starch (India) Private Limited, buy the company report.
Board of directors of Everest Starch (India) Private Limited
Everest Starch (India) has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Talaviya | Director | 22 Jul 2019 | 7 Years 3 Months | Current |
| Rameshbhai Vallabhbhai Vaishnav Also directs: Gourmet Starch Products LLP | Director | 27 Jul 2011 | 15 Years 3 Months | Current |
| Rajnikant Nagjibhai Vadodariya Also directs: Gourmet Starch Products LLP | Director | 27 Jul 2011 | 15 Years 3 Months | Current |
| Niravkumar Manojkumar Vaishnav | Director | 28 Sep 2011 | 15 Years 1 Months | Current |
Auditor
Everest Starch (India) Private Limited is audited by Rachchh & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rachchh & Associates | FY 2025 | 134620W |
Shareholding
The shareholding of Everest Starch (India) Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Everest Starch (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2026 | 101223203 | Others | ₹2.05 Cr | Open | |
| 27 Sep 2025 | 101177922 | Axis Bank Limited | ₹39 Cr | Open | |
| 30 Sep 2024 | 100987960 | Axis Bank Limited | ₹20 Cr | Open | |
| 25 May 2017 | 100103479 | Others | ₹25.5 Cr | Open | |
| 21 Nov 2023 | 100854251 | Others | ₹3.75 Cr | Satisfied |
To see the full charge records of Everest Starch (India) Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Everest Starch (India) Private Limited has 12 deals on record (9 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹11 Cr; the latest was in February 2023.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Everest Starch (India) 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
Everest Starch (India) Private Limited has 20 court cases on record: 6 filed by Everest Starch (India), 14 filed against it. 1 case is pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 14 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S Akshat Papers Ltd. and 3 others | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Rupal Traders and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S Enhanced Polymer Science Inc. and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S Jay Formulation Ltd and 3 others | Disposed |
| District court, Surendranagar, Gujarat | Criminal complaint | Filed against the company by State of Gujarat | Disposed |
To see the full case history of Everest Starch (India) 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
Everest Starch (India) Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 37 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Goldin (India) Equipment Private Limited | |||
| an individual supplier | |||
| Vinayak Enterprises | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Everest Starch (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Everest Starch (India) Private Limited has a workforce of 31 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Everest Starch (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCE7421J1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Everest Starch (India) Private Limited, buy the company report.
Recent activity
Everest Starch (India) Private Limited has 14 board changes on record since 2011: 4 appointments and 10 cessations. The latest: Bhavesh Mansukhlal Talaviya ceased to be Director on 16 Dec 2021.
17 earlier events are in the company report.
Frequently asked questions
Everest Starch (India) is an active private limited company based in Surendranagar, Gujarat, India. The company works in industrial enzymes and biochemicals, within the chemicals and materials industry. It was incorporated on 20 June 2011 (15+ years old) and is registered under CIN U15320GJ2011PTC065989.
Everest Starch (India) has 4 current directors:
- Nilesh Talaviya - Director
- Rameshbhai Vallabhbhai Vaishnav - Director
- Rajnikant Nagjibhai Vadodariya - Director
- Niravkumar Manojkumar Vaishnav - Director
The latest financial statements of Everest Starch (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Everest Starch (India) is 24AACCE7421J1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Everest Starch (India) is U15320GJ2011PTC065989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Everest Starch (India) has 20 court cases on record: 6 filed by the company and 14 filed against it. 1 is pending.
Everest Starch (India) was incorporated on 20 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Everest Starch (India) has 12 deals on record (9 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹11 Cr; the latest was in February 2023.
Bhavesh Mansukhlal Talaviya ceased to be Director on 16 Dec 2021. Kalpesh Pravinbhai Talaviya ceased to be Director on 16 Dec 2021. Nilesh Talaviya ceased to be Additional Director on 30 Sep 2019. Everest Starch (India) has 14 board changes on record in total.
Everest Starch (India) has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 37 overdue payments to 8 micro and small suppliers. The latest return was filed on 19 Aug 2019.
Everest Starch (India) can be reached through the website evereststarch.com. Its registered office is in Surendranagar, Gujarat, India.
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