Creative Newtech Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 14.11 Cr
- Company Age 20 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 134.00 Cr
- Satisfied Charges ₹ 63.30 Cr
- Revenue Growth 45.51%
- Profit Growth 21.30%
- Ebitda 75.90%
- Net Worth 33.40%
- Total Assets 3.36%
About Creative Newtech
Creative Newtech Limited (CNL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 September 2004 and has a history of 20 years and four months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol CREATIVE.
The Corporate was formerly known as Creative Peripherals And Distribution Private Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 14.11 Cr.
The company currently has active open charges totaling ₹134.00 Cr. The company has closed loans amounting to ₹63.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Creative Newtech Limited India are Abhijit Kanvinde as CFO and Tejas Doshi as Company Secretary. Ketan Patel, Kurian Chandy, Vijay Advani, and Four other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
L52392MH2004PLC148754
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Company No.
148754
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Stock Symbol
NSE : CREATIVE
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
22 Sep 2004
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Date of AGM
25 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Mumbai
Industry
What products or services does Creative Newtech Limited offer?
Creative Newtech Limited offers a wide range of products and services, including Corporate and Soft Skills Training, Corporate Training, Tax Planners, Agents & Consultants, Indirect Tax Service, GST & PAN Registrations, Camera & Photography Equipments, Camera Parts, Travel Bags & Backpacks, Backpacks.
Who are the key members and board of directors at Creative Newtech?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ketan Patel
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Managing Director | 22-Sep-2004 | Current |
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Abhijit Kanvinde
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CFO | 03-Jan-2018 | Current |
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Tejas Doshi
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Company Secretary | 28-Feb-2017 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Vijay Advani
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Whole-Time Director | 30-Jan-2006 | Current |
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Purvi Patel
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Whole-Time Director | 31-Jan-2017 | Current |
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Kurian Chandy
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Director | 01-Feb-2020 | Current |
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Suresh Bhagavatula
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Director | 10-Oct-2019 | Current |
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Mihir Shah
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Director | 23-Nov-2017 | Current |
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Prachi Jain
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Director | 29-Jul-2022 | Current |
Financial Performance of Creative Newtech.
Creative Newtech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.51% increase. The company also saw a substantial improvement in profitability, with a 21.3% increase in profit. The company's net worth Soared by an impressive increase of 33.4%.
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What is the Ownership and Shareholding Structure of Creative Newtech?
In 2023, Creative Newtech had a promoter holding of 63.48% and a public holding of 36.51%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Secure Connection Private LimitedKetan Patel is a mutual person
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Mount Everest Breweries LimitedKurian Chandy is a mutual person
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Rinavaa Technologies Private LimitedKetan Patel and Vijay Advani are mutual person
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Shilpa Global Pvt. LtdKetan Patel and Purvi Patel are mutual person
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Creative Ecommerce Ventures Private Limited
Ketan Patel and Purvi Patel are mutual person
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Patel Growth Private Limited
Ketan Patel and Purvi Patel are mutual person
Charges (Loans)
₹134.00 Cr
₹63.30 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 49.36 Cr
- Hdfc Bank Limited : 35.16 Cr
- Others : 25.00 Cr
- Axis Bank Limited : 24.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2023 | Others | ₹25.00 Cr | Open |
| 12 Feb 2021 | Axis Bank Limited | ₹2.48 Cr | Open |
| 10 Feb 2021 | State Bank Of India | ₹49.36 Cr | Open |
| 14 Oct 2016 | Axis Bank Limited | ₹22.00 Cr | Open |
| 21 Mar 2016 | Hdfc Bank Limited | ₹35.16 Cr | Open |
How Many Employees Work at Creative Newtech?
Creative Newtech has a workforce of 211 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Creative Newtech, 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 Creative Newtech's trajectory.
Rating
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
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.
