Creative Newtech Limited

Distributes consumer electronics and computer peripherals for various brands.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated:

Creative Newtech Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 15.02 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 five 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 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 15.02 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. Kurian Chandy, Ketan Patel, Vijay Advani, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L52392MH2004PLC148754

  • Company No.

    148754

  • Stock Symbol

    NSE : CREATIVE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Information Technology

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)

NameDesignationAppointment DateStatus
Ketan Patel Country flag representing In Managing Director22-Sep-2004Current
Abhijit Kanvinde Country flag representing In CFO03-Jan-2018Current
Tejas Doshi Country flag representing In Company Secretary28-Feb-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Vijay Advani Country flag representing In Whole-Time Director 30-Jan-2006Current
Purvi Patel Country flag representing In Whole-Time Director 31-Jan-2017Current
Kurian Chandy Country flag representing In Director 01-Feb-2020Current
Suresh Bhagavatula Country flag representing In Director 10-Oct-2019Current
Mihir Shah Country flag representing In Director 23-Nov-2017Current
Prachi Jain Country flag representing In Director 29-Jul-2022Current

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%.

Creative Newtech revenue growth over time
Creative Newtech profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
45.51%
Revenue from Operations
46.69%
Total Assets
3.36%
Profit or Loss
21.30%
Net Worth
33.40%
EBITDA
75.90%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹134.00 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
15 Mar 2023Others₹25.00 CrOpen
12 Feb 2021Axis Bank Limited₹2.48 CrOpen
10 Feb 2021State Bank Of India₹49.36 CrOpen
14 Oct 2016Axis Bank Limited₹22.00 CrOpen
21 Mar 2016Hdfc Bank Limited₹35.16 CrOpen

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.

Employee growth trends for Creative Newtech Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Creative Newtech

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 15 Mar 2023 with Charge ID 100693759 was modified on 14 Oct 2024.

  • Annual General Meeting

    Creative Newtech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Creative Newtech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with State Bank Of India of Rs. 49.36 Cr registered on 10 Feb 2021 with Charge ID 100423776 was modified on 04 Aug 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 35.16 Cr registered on 21 Mar 2016 with Charge ID 100021418 was modified on 17 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100693759 was registered on 15 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Creative Newtech Limited?

    Creative Newtech Limited was incorporated on 22 Sep 2004.

  • What is authorized share capital and paid-up capital of Creative Newtech Limited?

    The authorized share capital of Creative Newtech Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.02 Cr.

  • Who are the current board members & directors of Creative Newtech Limited?

    Currently 9 directors are associated with Creative Newtech Limited.

    • Kurian Pallathuseril Chandy
    • Ketan Chhaganlal Patel
    • Vijay Kimatrai Advani
    • Purvi Ketan Patel
    • Suresh Bhagavatula
    • Mihir Mahendra Shah
    • Prachi Kamlesh Jain
    • Abhijit Divakar Kanvinde
    • Tejas Doshi

  • What is the registered address of Creative Newtech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Creative Newtech Limited is 3Rd 4Th Floor Plot No 137Ab Kandivali Co Op Industrial Estate Limited Charkop, Kand Ivali West India, Mumbai, Maharashtra, 400067.

  • What is the corporate identification number (CIN) and company number of Creative Newtech Limited?

    The corporate identification number (CIN) of Creative Newtech Limited is L52392MH2004PLC148754 and the company number is 148754 as per Ministry of Corporate Affairs (MCA).

  • Is Creative Newtech Limited registered with any stock exchange in India?

    Yes, Creative Newtech Limited is registered on National Stock Exchange (NSE).

  • What is the official website of Creative Newtech Limited?

    The Official website of Creative Newtech Limited is https://www.creativenewtech.com

  • What has been the recent revenue trend for Creative Newtech Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Creative Newtech Limited has risen by 45.51%.

  • How many employees does Creative Newtech Limited currently have?

    As Per 2023 financial reports, 211 employees are currently employed by Creative Newtech Limited.

  • What change has been observed in the net worth of Creative Newtech Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Creative Newtech Limited has experienced an upsurge of 33.40%.

  • What are the total open charges for Creative Newtech Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Creative Newtech Limited amount to ₹ 134.00 Cr.

  • When was the last Balance Sheet of Creative Newtech Limited filed with the ROC?

    The most recent Balance Sheet for Creative Newtech Limited was filed with the ROC on 31 Mar 2024.

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