Mahak Creation Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 28-12-2024
- Paid Up Capital ₹ 4.96 Cr
as on 28-12-2024
- Company Age 18 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.05 Cr
as on 28-12-2024
- Satisfied Charges ₹ 20.81 Cr
as on 28-12-2024
- Revenue -13.81%
(FY 2021)
- Profit 137.66%
(FY 2021)
- Ebitda -3.08%
(FY 2021)
- Net Worth 11.41%
(FY 2021)
- Total Assets -4.91%
(FY 2021)
About Mahak Creation
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.
- 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
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Mahak Creation?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hans Mittal  | Director | 01-Jun-2011 | Current |
| Renu Mittal | Director | 01-Jun-2011 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Charges (Loans)
₹30.05 Cr
₹20.81 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 30.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2024 | City Union Bank Limited | ₹5.65 Cr | Open |
| 03 Jun 2024 | City Union Bank Limited | ₹1.00 Cr | Open |
| 02 Aug 2014 | City Union Bank Limited | ₹11.72 Cr | Open |
| 28 Jul 2014 | City Union Bank Limited | ₹11.68 Cr | Open |
| 22 Jan 2013 | Indian Overseas Bank | ₹10.25 Cr | Satisfied |
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.
Deals i
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
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.
