About Kaveri Gas Power Private Limited
Data last updated:
Kaveri Gas Power Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 29 June 2000.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40101TN2000PTC045283. Its GSTIN is 33AABCK4793Q2ZW (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹4.12 Cr. It was formerly known as Kaveri Gas Power Limited. It is led by directors Elangovan Shanmugam (Managing Director) and Premkumar Ayyadurai Shanmugam (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.3 Ranganathan Gardens Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.57 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹19.4 Lakh (net margin -3%) and EBITDA of ₹1.4 Cr (EBITDA margin 21.3%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 20% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.13 Cr and satisfied charges of ₹30.63 Cr on record. Court records list 75 cases involving the company, including 32 filed by the company and 43 filed against it; 4 cases are pending.
The last known website on record is kaveripower.com.
Company details
CIN history
Kaveri Gas Power has one previous CIN (Corporate Identification Number): U40101TN2000PLC045283. The current CIN is U40101TN2000PTC045283, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101TN2000PTC045283 | Current |
| U40101TN2000PLC045283 | Previous |
Contact details
Kaveri Gas Power Private Limited's registered office is in Chennai, Tamil Nadu. Its website is kaveripower.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.3 Ranganathan Gardens Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Kaveri Gas Power 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 Kaveri Gas Power 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 Kaveri Gas Power Private Limited, buy the company report.
Financials of Kaveri Gas Power Private Limited
FY 2021 filings availableKaveri Gas Power Private Limited reported revenue of ₹6.57 Cr (down 70% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 70% fall in the latest year. EBITDA rose 133% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.4 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.3% | ||||
| Net Profit Margin | -3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Kaveri Gas Power Private Limited, buy the company report.
Board of directors of Kaveri Gas Power Private Limited
Kaveri Gas Power has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elangovan Shanmugam | Managing Director | 29 Jun 2000 | 26 Years 4 Months | As last reported |
| Premkumar Ayyadurai Shanmugam | Whole-Time Director | 29 Jun 2000 | 26 Years 4 Months | As last reported |
Auditor
Kaveri Gas Power Private Limited is audited by V SENTHILNATHAN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SENTHILNATHAN & CO | FY 2021 | 003711S |
Shareholding
The shareholding of Kaveri Gas Power Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kaveri Gas Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2020 | 100370677 | Others | ₹2.13 Cr | Open | |
| 29 Nov 2012 | 10392821 | State Bank of Hyderabad | ₹7.5 Cr | Satisfied | |
| 21 Mar 2006 | 80027589 | State Bank of Mysore | ₹1.05 Cr | Satisfied | |
| 22 Jun 2005 | 90289417 | State Bank of India | ₹4.38 Cr | Satisfied | |
| 22 Jun 2005 | 80034098 | State Bank of India | ₹17.7 Cr | Satisfied |
To see the full charge records of Kaveri Gas Power Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Kaveri Gas Power Private Limited has 75 court cases on record: 32 filed by Kaveri Gas Power, 43 filed against it. 4 cases are pending and 71 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 67 | 38 | 4 |
| NCLT | 4 | 3 | 0 |
| Supreme Court | 3 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by Raajco Spinners (P) Ltd., | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Gail (India) Limited | Pending |
| High Court, TAMIL NADU | Appeal | Filed by the company against Sree Kaderi Ambal Mills Ltd and 1 other | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by M/S. Gail (India) Ltd., | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Raajco Spinners (P) Ltd. M/S.Sarvabhauman and Associates | Disposed |
To see the full case history of Kaveri Gas Power 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 Kaveri Gas Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kaveri Gas Power has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Kaveri Gas Power Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Kaveri Gas Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCK4793Q2ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kaveri Gas Power Private Limited, buy the company report.
Recent activity
Kaveri Gas Power Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Rathinavel Ramesh ceased to be Additional Director on 28 Sep 2016.
7 earlier events are in the company report.
Frequently asked questions
Kaveri Gas Power is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Kaveri Gas Power is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 29 June 2000 and is registered under CIN U40101TN2000PTC045283. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kaveri Gas Power has 2 current directors:
- Elangovan Shanmugam - Managing Director
- Premkumar Ayyadurai Shanmugam - Whole-Time Director
The latest financial statements of Kaveri Gas Power on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kaveri Gas Power is U40101TN2000PTC045283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaveri Gas Power has open charges of ₹2.13 Cr and satisfied charges of ₹30.63 Cr as per latest MCA filings.
Kaveri Gas Power has 75 court cases on record: 32 filed by the company and 43 filed against it. 4 are pending. Most are in the high courts.
Kaveri Gas Power was incorporated on 29 June 2000. It is registered with the Registrar of Companies, Chennai.
Rathinavel Ramesh ceased to be Additional Director on 28 Sep 2016. Kelavalavu Saravana Mudaliar Shanmugam ceased to be Director on 06 Aug 2016. Elangovan Shanmugam was appointed as Managing Director on 29 Jun 2000. Kaveri Gas Power has 4 board changes on record in total.
Kaveri Gas Power can be reached through the website kaveripower.com. Its registered office is in Chennai, Tamil Nadu, India.
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