Rachit Creations Private Limited

Founded in 2005 and headquartered in Gujarat, India.

2005 | Surat, Gujarat (India) | Active
Last Updated: October 23, 2024

Rachit Creations Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.11 Cr
  • Company Age 20 Year, 5 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.15 Cr
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth 27.59%
  • Profit Growth 44.69%
  • Ebitda 24.77%
  • Net Worth 7.22%
  • Total Assets -2.77%

About Rachit Creations

Rachit Creations Private Limited (RCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 January 2005 and has a history of 20 years. Its registered office is in Surat, Gujarat, India.

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 1.25 Cr and a paid-up capital of Rs 1.11 Cr.

The company currently has active open charges totaling ₹13.15 Cr. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ2005PTC045365

  • Company No.

    045365

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Rachit Creations Private Limited offer?

Rachit Creations Private Limited offers a wide range of products and services, including Fabric Printing, Digital Fabric Printing.

Who are the key members and board of directors at Rachit Creations?

Board Members (2)

Name Designation Appointment Date Status
Niraj Nawka Country flag representing In Director 28-Jan-2005 Current
Bimla Nawka Country flag representing In Director 05-Jul-2007 Current

Financial Performance of Rachit Creations.

Rachit Creations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.59% increase. The company also saw a substantial improvement in profitability, with a 44.69% increase in profit. The company's net worth moved up by a moderate rise of 7.22%.

Graph illustrating revenue growth over time
Graph showing 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
27.59%
Revenue from Operations
28.01%
Total Assets
-2.77%
Profit or Loss
44.69%
Net Worth
7.22%
EBITDA
24.77%

What is the Ownership and Shareholding Structure of Rachit Creations?

In 2023, Rachit Creations had a promoter holding of 14.00% and a public holding of 86.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.15 Cr

Satisfied Charges

₹1.30 Cr

Charges Breakdown by Lending Institutions

  • Ing Vysya Bank Limited : 11.25 Cr
  • Others : 1.80 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
02 Jul 2020 Others ₹1.80 Cr Open
07 May 2015 Hdfc Bank Limited ₹1.00 M Open
15 Mar 2011 Ing Vysya Bank Limited ₹11.25 Cr Open
25 Mar 2006 Bank Of Baroda ₹1.30 Cr Satisfied

How Many Employees Work at Rachit Creations?

Unlock and access historical data on people associated with Rachit Creations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rachit Creations, 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 Rachit Creations'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 Rachit Creations

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100353764 was registered on 02 Jul 2020.

    02 Jul 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 10569669 was registered on 07 May 2015.

    07 May 2015

  • Charges

    A charge with Ing Vysya Bank Limited of Rs. 11.25 Cr registered on 15 Mar 2011 with Charge ID 10280130 was modified on 05 Feb 2015.

    05 Feb 2015

  • Charges

    A charge registered on 25 Mar 2006 via Charge ID 10002209 with Bank Of Baroda was fully satisfied on 29 Mar 2011.

    29 Mar 2011

Frequently asked questions

  • Rachit Creations Private Limited was incorporated on 28 Jan 2005.

  • The authorized share capital of Rachit Creations Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.11 Cr.

  • Currently 2 directors are associated with Rachit Creations Private Limited.

    • Niraj Omprakash Nawka
    • Bimla Devi Omprakash Nawka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rachit Creations Private Limited is 3011 Annapurna Textile Market Ring Road, India, Surat, Gujarat, 395002.

  • The corporate identification number (CIN) of Rachit Creations Private Limited is U17110GJ2005PTC045365 and the company number is 045365 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rachit Creations Private Limited is https://www.rachitgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rachit Creations Private Limited has risen by 27.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rachit Creations Private Limited has experienced an upsurge of 7.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rachit Creations Private Limited amount to ₹ 13.15 Cr.

  • The most recent Balance Sheet for Rachit Creations Private Limited was filed with the ROC on 31 Mar 2024.

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