Mahak Creation Private Limited

Textile garment and accessory manufacturing company established in 2006 in Ahmedabad, Gujarat.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Mahak Creation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.96 Cr
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.05 Cr
  • Satisfied Charges ₹ 20.81 Cr
  • Revenue Growth -13.81%
  • Profit Growth 137.66%
  • Ebitda -3.08%
  • Net Worth 11.41%
  • Total Assets -4.91%

About Mahak Creation

Mahak Creation Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 August 2006 and has a history of 18 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Mahak Riddhi Creation Private Limited. The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 4.96 Cr.

The company currently has active open charges totaling ₹30.05 Cr. The company has closed loans amounting to ₹20.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hans Mittal and Renu Mittal serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101GJ2006PTC048977

  • Company No.

    048977

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Mahak Creation Private Limited

Explore comprehensive data for Mahak Creation Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mahak Creation?

Board Members (2)

NameDesignationAppointment DateStatus
Hans Mittal Country flag representing In Director 01-Jun-2011Current
Renu Mittal Country flag representing In Director 01-Jun-2011Current

Financial Performance of Mahak Creation.

Mahak Creation Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 13.81% decrease. The company also saw a substantial improvement in profitability, with a 137.66% increase in profit. The company's net worth Soared by an impressive increase of 11.41%.

Mahak Creation revenue growth over time
Mahak Creation 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
-13.81%
Revenue from Operations
-14.70%
Total Assets
-4.91%
Profit or Loss
137.66%
Net Worth
11.41%
EBITDA
-3.08%

What is the Ownership and Shareholding Structure of Mahak Creation?

In 2021, Mahak Creation had a promoter holding of 81.30% and a public holding of 18.70%. 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

₹30.05 Cr

Satisfied Charges

₹20.81 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 30.05 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2024City Union Bank Limited₹5.65 CrOpen
03 Jun 2024City Union Bank Limited₹1.00 CrOpen
02 Aug 2014City Union Bank Limited₹11.72 CrOpen
28 Jul 2014City Union Bank Limited₹11.68 CrOpen
22 Jan 2013Indian Overseas Bank₹10.25 CrSatisfied

How Many Employees Work at Mahak Creation?

Mahak Creation has a workforce of 7 employees as of Apr 06, 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 Mahak Creation Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahak Creation, 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 Mahak Creation'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 Mahak Creation

Recent activity within the organization

  • Annual General Meeting

    Mahak Creation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 5.65 Cr with Charge ID 100986508 was registered on 26 Sep 2024.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100946079 was registered on 03 Jun 2024.

  • Balance Sheet

    Mahak Creation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with City Union Bank Limited of Rs. 11.68 Cr registered on 28 Jul 2014 with Charge ID 10515556 was modified on 01 Jul 2023.

  • Charges

    A charge with City Union Bank Limited of Rs. 11.72 Cr registered on 02 Aug 2014 with Charge ID 10515555 was modified on 10 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Mahak Creation Private Limited?

    Mahak Creation Private Limited was incorporated on 30 Aug 2006.

  • What is authorized share capital and paid-up capital of Mahak Creation Private Limited?

    The authorized share capital of Mahak Creation Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.96 Cr.

  • Who are the current board members & directors of Mahak Creation Private Limited?

    Currently 2 directors are associated with Mahak Creation Private Limited.

    • Hans Vijendra Mittal
    • Renu Vijendra Mittal

  • What is the registered address of Mahak Creation Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahak Creation Private Limited is 85, Village Piplej Pirana Road India, Ahmedabad, Gujarat, 382405.

  • What is the corporate identification number (CIN) and company number of Mahak Creation Private Limited?

    The corporate identification number (CIN) of Mahak Creation Private Limited is U18101GJ2006PTC048977 and the company number is 048977 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mahak Creation Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Mahak Creation Private Limited has fallen by -13.81%.

  • How many employees does Mahak Creation Private Limited currently have?

    As Per 2021 financial reports, 7 employees are currently employed by Mahak Creation Private Limited.

  • What change has been observed in the net worth of Mahak Creation Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Mahak Creation Private Limited has experienced an upsurge of 11.41%.

  • What are the total open charges for Mahak Creation Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Mahak Creation Private Limited amount to ₹ 30.05 Cr.

  • When was the last Balance Sheet of Mahak Creation Private Limited filed with the ROC?

    The most recent Balance Sheet for Mahak Creation Private Limited was filed with the ROC on 31 Mar 2024.

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