MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0010325
Evershine Dynamic Corporation Limited - manufacturing in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹43.85 Cr
▼ 33% YoY
Net profit · FY 2024
₹63,930
Net margin 0%
EBITDA · FY 2024
₹1.03 Cr
EBITDA margin 2.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹98 Lakh
Issued & subscribed
Open charges
₹4.9 Cr
Satisfied ₹7.34 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
69
Provident fund records
About Evershine Dynamic Corporation Limited
Data last updated:
Evershine Dynamic Corporation Limited is a public limited company based in Coimbatore, Tamil Nadu, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 29 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U31902TZ1990PLC002956. Its GSTIN is 21AAACE7784L1ZE (Odisha). The company holds 11 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98 Lakh. It was formerly known as Evershine Dynamic Corporation Private Limited and Evershine Wire Products Private Limited. It is led by directors Sourabh Banthia (Managing Director) and Madhu Banthia.
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 12 Mill Road, Coimbatore, Tamil Nadu, India – 641001.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.85 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹63,930 (net margin 0%) and EBITDA of ₹1.03 Cr (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 13% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shinestar. As per MCA filings, the company has open charges of ₹4.9 Cr and satisfied charges of ₹7.34 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 1 case is pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1.44 Cr; the latest was in August 2018. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 19 overdue payments to 3 micro and small suppliers.
Evershine Dynamic Corporation Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0010325). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evershinedynacorp.com.
Company details
CIN U31902TZ1990PLC002956
Registration Number 002956
Incorporation Date 29 November 1990
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-03-0010325
Name history
Evershine Dynamic Corporation has undergone 2 name changes throughout its history. The company was previously known as Evershine Dynamic Corporation Private Limited, and Evershine Wire Products Private Limited. The current legal name is Evershine Dynamic Corporation Limited.
| Company Name | Status |
|---|---|
| Evershine Dynamic Corporation Limited | Current |
| Evershine Dynamic Corporation Private Limited | Previous |
| Evershine Wire Products Private Limited | Previous |
CIN history
Evershine Dynamic Corporation has one previous CIN (Corporate Identification Number): U31902TZ1990PTC002956. The current CIN is U31902TZ1990PLC002956, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31902TZ1990PLC002956 | Current |
| U31902TZ1990PTC002956 | Previous |
Recognitions & Rankings of Evershine Dynamic Corporation
Contact details
Evershine Dynamic Corporation Limited's registered office is in Coimbatore, Tamil Nadu. Its website is evershinedynacorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12 Mill Road, Coimbatore, Tamil Nadu, India – 641001
- IndustryManufacturing, Cable & Wire
To see the full contact details of Evershine Dynamic Corporation Limited, buy the company report.
Comprehensive company report
Evershine Dynamic Corporation Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Evershine Dynamic Corporation operates one associated brand: Shinestar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shinestar is engaged in manufacturing and distributing wire products. | evershinedynacorp.com |
Business activity
The main business activity of Evershine Dynamic Corporation is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Evershine Dynamic Corporation Limited, buy the company report.
Financials of Evershine Dynamic Corporation Limited
FY 2025 filings availableEvershine Dynamic Corporation Limited reported revenue of ₹43.85 Cr (down 33% YoY) for FY 2024.
Revenue · FY 2024
₹43.85 Cr ▼ 33%
Net profit · FY 2024
₹63,930 margin 0%
EBITDA · FY 2024
₹1.03 Cr margin 2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 21%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 26%
5 years · compounded
▼ 14%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 33% fall in the latest year. EBITDA fell 30% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63,930 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Evershine Dynamic Corporation Limited, buy the company report.
Board of directors and KMP of Evershine Dynamic Corporation Limited
Evershine Dynamic Corporation Limited currently reports 2 directors and 1 key managerial person. 4 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Banthia Also directs: Dextra Square Private Limited | Ceo | 01 Apr 2024 | 2 Years 6 Months | Current |
| Sourabh Banthia | Managing Director | 13 Nov 2018 | 7 Years 11 Months | Current |
| Madhu Banthia | Director | 01 Apr 2004 | 22 Years 6 Months | Current |
Auditor
Evershine Dynamic Corporation Limited is audited by MANOJ BHADANI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ BHADANI & CO | FY 2022 | 007449S |
Shareholding
The shareholding of Evershine Dynamic Corporation 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 Evershine Dynamic Corporation Limited, buy the company report.
Charges & borrowings
Open charges
₹4.9 Cr
Satisfied charges
₹7.34 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 1998 | 90000876 | Others | ₹4.9 Cr | Open | |
| 29 Oct 2020 | 100388796 | Others | ₹3.25 Cr | Satisfied | |
| 12 Feb 2019 | 100242550 | Others | ₹1 Cr | Satisfied | |
| 08 Nov 2018 | 100221089 | Others | ₹10 Lakh | Satisfied | |
| 08 Nov 2018 | 100221092 | Others | ₹49.4 Lakh | Satisfied |
To see the full charge records of Evershine Dynamic Corporation Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Evershine Dynamic Corporation Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1.44 Cr; the latest was in August 2018.
Total deals
7
Secondary share transfers
6
Funding round
1
Disclosed funding
₹1.44 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Evergreen Dry Decor Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Evergreen Dry Decor Private Limited Seller: Vico Syntex Pvt Ltd , Motorex Finance Pvt Ltd , Finethical Trading Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2009 | Funding round | ₹1.44 Cr | Investors: Sujala Trading & Holding, Urch Traders Pvt Ltd , Finethical Trading Private Limited |
To see the full deal history of Evershine Dynamic Corporation 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
Evershine Dynamic Corporation Limited has 7 court cases on record: 4 filed by Evershine Dynamic Corporation, 3 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
4
Filed against the company
3
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (Crl.MC) | Filed against the company by Union of India | Pending |
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Surya Enterprises | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Evershine Dynamic Corporation 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
Evershine Dynamic Corporation Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 19 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Makysh Polymers Private Limited | |||
| S.K. Weldedmesh Private Limited |
To see the full MSME payment records of Evershine Dynamic Corporation Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Evershine Dynamic Corporation Limited has a workforce of 69 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
Employee count
69
Active EPFO establishments
2
Employee growth
-30.3%
GST
Evershine Dynamic Corporation has 11 GST registrations: 8 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
8
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACE7784L1ZE | Odisha | Active | 01 Jul 2017 |
| 22AAACE7784L1ZC | Chattisgarh | Active | 01 Jul 2017 |
| 29AAACE7784L1ZY | Karnataka | Active | 01 Jul 2017 |
| 30AAACE7784L1ZF | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Evershine Dynamic Corporation Limited, buy the company report.
Recent activity
Evershine Dynamic Corporation Limited has 8 board changes on record since 1990: 4 appointments and 4 cessations. The latest: Chandrajit Banthia ceased to be Managing Director on 07 Oct 2024.
AGM
Evershine Dynamic Corporation Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Evershine Dynamic Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge registered on 29 Oct 2020 via Charge ID 100388796 with Others was fully satisfied on 01 Feb 2025.
Ceased
Chandrajit Banthia ceased to be Managing Director.
Appointed
Kunal Banthia was appointed as CEO.
Charges
A charge with Others of Rs. 4.90 Cr registered on 10 Sep 1998 with Charge ID 90000876 was modified on 07 Nov 2023.
Charges
A charge registered on 08 Jun 2018 via Charge ID 100185029 with Others was fully satisfied on 29 Dec 2020.
Charges
A charge registered on 08 Nov 2018 via Charge ID 100221092 with Others was fully satisfied on 11 Nov 2020.
Charges
A charge registered on 12 Feb 2019 via Charge ID 100242550 with Others was fully satisfied on 04 Nov 2020.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 100388796 was registered on 29 Oct 2020.
Charges
A charge registered on 08 Nov 2018 via Charge ID 100221089 with Others was fully satisfied on 29 Oct 2020.
Ceased
Sourabh Banthia ceased to be Additional Director.
15 earlier events are in the company report.
Frequently asked questions
Evershine Dynamic Corporation is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 29 November 1990 (36+ years old) and is registered under CIN U31902TZ1990PLC002956.
Evershine Dynamic Corporation has 3 current directors and KMP:
- Sourabh Banthia - Managing Director
- Madhu Banthia - Director
- Kunal Banthia - Ceo
The latest financial statements of Evershine Dynamic Corporation 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 Evershine Dynamic Corporation is 21AAACE7784L1ZE, registered in Odisha. The company has 11 GST registrations in all, of which 8 are active and 3 are cancelled or inactive. Other active GSTINs include 22AAACE7784L1ZC (Chattisgarh), 29AAACE7784L1ZY (Karnataka), 30AAACE7784L1ZF (Goa).
The CIN (Corporate Identification Number) of Evershine Dynamic Corporation is U31902TZ1990PLC002956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evershine Dynamic Corporation has 7 court cases on record: 4 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Evershine Dynamic Corporation was incorporated on 29 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Coimbatore.
Evershine Dynamic Corporation has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1.44 Cr; the latest was in August 2018.
Chandrajit Banthia ceased to be Managing Director on 07 Oct 2024. Kunal Banthia was appointed as CEO on 01 Apr 2024. Sourabh Banthia ceased to be Additional Director on 30 Sep 2019. Evershine Dynamic Corporation has 8 board changes on record in total.
Yes, Evershine Dynamic Corporation is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0010325).
Evershine Dynamic Corporation has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 19 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 May 2019.