About Everrenew Energy Private Limited
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Everrenew Energy Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 11 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2019PTC126869. Its GSTIN is 33AAFCE3309J1ZV (Tamil Nadu). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹15.47 Lakh. It is led by directors including Suresh Padmanaban and Raja Raju Gunasekaran.
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 Aneja Towers Plot No. 4& 5 Developed Plot Estate For Electrical Electronics And Instrument Industries, B Block 2nd Floor Perungudi Omr Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,385.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹84.51 Cr (net margin 3.5%) and EBITDA of ₹158.78 Cr (EBITDA margin 6.7%).
The company has about 398 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
The company is associated with 1 brand: Everrenew. As per MCA filings, the company has open charges of ₹210.9 Cr and satisfied charges of ₹65.29 Lakh on record. Court records list 47 cases involving the company, including 4 filed by the company and 43 filed against it; 14 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹25 Cr; the latest was in June 2023. The company has 5 MSME Form 1 returns on record between 2022 and 2024, listing 143 overdue payments to 86 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 everrenew.com.
Company details
Contact details
Everrenew Energy Private Limited's registered office is in Chennai, Tamil Nadu. Its website is everrenew.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAneja Towers Plot No. 4& 5 Developed Plot Estate For Electrical Electronics And Instrument Industries, B Block 2nd Floor Perungudi Omr Chennai, Tamil Nadu, India – 600096
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Everrenew 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
Brands
Everrenew Energy operates one associated brand: Everrenew. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions | everrenew.com |
Business activity
The main business activity of Everrenew Energy is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Everrenew Energy Private Limited, buy the company report.
Financials of Everrenew Energy Private Limited
FY 2024 filings availableEverrenew Energy Private Limited reported revenue of ₹2,385.13 Cr (up 348% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 348% in the latest year. EBITDA rose 306% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹158.78 Cr | ||||
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| Net Profit (PAT) | ₹84.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Everrenew Energy Private Limited, buy the company report.
Board of directors and KMP of Everrenew Energy Private Limited
Everrenew Energy Private Limited currently reports 3 directors and 2 key managerial personnel. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Padmanaban | Director | 03 Jun 2024 | 2 Years 5 Months | Current |
| Raja Raju Gunasekaran | Director | 24 May 2023 | 3 Years 5 Months | Current |
| Ranganathan | Cfo | 01 Apr 2023 | 3 Years 7 Months | Current |
| Pankaj Kumar Tandon Also directs: Caper Growth Solutions LLP, Pet Funday Private Limited | Ceo | 07 Aug 2025 | 1 Years 2 Months | Current |
| Vellaisamy Asaithambi | Additional Director | 08 Oct 2025 | 1 Years 0 Months | Current |
Auditor
Everrenew Energy Private Limited is audited by A.V. Deven & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.V. Deven & Co. | FY 2023 | 00726S |
Shareholding
The shareholding of Everrenew Energy Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Everrenew Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2024 | 100989181 | Axis Bank Limited | ₹40 Cr | Open | |
| 16 Feb 2024 | 100878317 | Others | ₹27 Cr | Open | |
| 29 Dec 2023 | 100859162 | Others | ₹50 Cr | Open | |
| 27 Nov 2023 | 100831989 | Yes Bank Limited | ₹32 Cr | Open | |
| 30 Sep 2023 | 100792150 | Others | ₹50 Cr | Open |
To see the full charge records of Everrenew Energy Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Everrenew Energy Private Limited has 5 deals on record (4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹25 Cr; the latest was in June 2023.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: Brightlight Energy Pte Limited Seller: an individual |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Brightlight Energy Pte Limited Seller: NTC Holdings Private Limited , an individual |
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: Brightlight Energy Pte Limited Seller: RY Investments BV |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Everrenew 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
Everrenew Energy Private Limited has 47 court cases on record: 4 filed by Everrenew Energy, 43 filed against it. 14 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 34 | 9 |
| District courts | 11 | 9 | 5 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Serentica Renewables India 4 Private Limited | Pending |
| Madras High Court | Arbitration matter | Filed against the company by SMP Constructions Private Limited | Pending |
| District court, Chengalpattu, Tamil Nadu | Criminal complaint | Filed by the company against PSK Infracontract Private Limited Rep by Its Managing Director P.Selvakumar | Disposed |
| Madras High Court | Arbitration matter | Filed against the company by Ms Tiong Woon Project and Contracting India Pvt Ltd Rep by Its Director Silambarasan Devadass | Disposed |
| Madras High Court | Arbitration matter | Filed against the company by Foster Energy Private Limited | Disposed |
To see the full case history of Everrenew 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.
MSME payment delays
Everrenew Energy Private Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 143 overdue payments to 86 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 86)
To see the full MSME payment records of Everrenew Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Everrenew Energy has 7 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Nannai Solar Park Private Limited | U40106TN2021PTC148931 | |
| Navaladi Wind Park Private Limited | U40200TN2022PTC149161 | |
| Orange Ashok Wind Power Private Limited | U40300DL2011PTC274842 | |
| Rasathivalasu Wind Park Private Limited | U45309TN2022PTC149159 | |
| Ottapidaram Solar Park Private Limited | U45309TN2022PTC149453 | |
| Velliyanai Wind Park Private Limited | U45400TN2021PTC148442 |
To see the full group structure of Everrenew Energy Private Limited, buy the company report.
Employees & EPFO
Everrenew Energy Private Limited has a workforce of 398 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Everrenew Energy has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCE3309J1ZV | Tamil Nadu | Active | 01 Mar 2019 |
| 24AAFCE3309J1ZU | Gujarat | Active | 17 Sep 2021 |
| 29AAFCE3309J1ZK | Karnataka | Active | 03 Dec 2021 |
| 27AAFCE3309J1ZO | Maharashtra | Active | 08 Nov 2022 |
To see the full GST registrations and return filing status of Everrenew Energy Private Limited, buy the company report.
Recent activity
Everrenew Energy Private Limited has 13 board changes on record since 2021: 5 appointments and 8 cessations. The latest: Vellaisamy Asaithambi was appointed as Additional Director on 08 Oct 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Everrenew Energy is an active private limited company based in Chennai, Tamil Nadu, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 11 January 2019 (7+ years old) and is registered under CIN U74999TN2019PTC126869.
Everrenew Energy has 5 current directors and KMP:
- Suresh Padmanaban - Director
- Raja Raju Gunasekaran - Director
- Vellaisamy Asaithambi - Additional Director
- Ranganathan - Cfo
- Pankaj Kumar Tandon - Ceo
The latest financial statements of Everrenew Energy 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 FY 2019 are in the company report.
The GSTIN of Everrenew Energy is 33AAFCE3309J1ZV, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 24AAFCE3309J1ZU (Gujarat), 29AAFCE3309J1ZK (Karnataka), 27AAFCE3309J1ZO (Maharashtra).
The CIN (Corporate Identification Number) of Everrenew Energy is U74999TN2019PTC126869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Everrenew Energy has 47 court cases on record: 4 filed by the company and 43 filed against it. 14 are pending. Most are in the high courts.
Everrenew Energy was incorporated on 11 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Everrenew Energy has 5 deals on record (4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹25 Cr; the latest was in June 2023.
Vellaisamy Asaithambi was appointed as Additional Director on 08 Oct 2025. Pankaj Kumar Tandon was appointed as CEO on 07 Aug 2025. Venkatesh Rajaratnam ceased to be CEO on 30 Jun 2025. Everrenew Energy has 13 board changes on record in total.
Everrenew Energy has 5 MSME Form 1 returns on record between 2022 and 2024, listing 143 overdue payments to 86 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Everrenew Energy can be reached through the website everrenew.com. Its registered office is in Chennai, Tamil Nadu, India.
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