About Akriti Creations Pvt Ltd
Data last updated:
Akriti Creations Pvt Ltd was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 December 2005.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51311WB2005PTC106880. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors Anju Agarwal and Rakesh Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Room No 5B 5th Floor 103 Park Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2023, the company reported a revenue of ₹61.36 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.17 Cr (net margin 10%) and EBITDA of ₹8.88 Cr (EBITDA margin 14.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company had about 192 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹5 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
The last known website on record is akriticreations.in.
Company details
Contact details
Akriti Creations Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is akriticreations.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRoom No 5B 5th Floor 103 Park Street, Kolkata, West Bengal, India – 700016
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Akriti Creations Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Akriti Creations is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Akriti Creations Pvt Ltd, buy the company report.
Financials of Akriti Creations Pvt Ltd
FY 2023 filings availableAkriti Creations Pvt Ltd reported revenue of ₹61.36 Cr (up 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹8.88 Cr | ||||
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| Net Profit (PAT) | ₹6.17 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 10% | ||||
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To see the full financial statements and ratios of Akriti Creations Pvt Ltd, buy the company report.
Board of directors of Akriti Creations Pvt Ltd
Akriti Creations has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anju Agarwal | Director | 01 Apr 2017 | 9 Years 7 Months | As last reported |
| Rakesh Agarwal | Director | 26 Dec 2005 | 20 Years 10 Months | As last reported |
Auditor
Akriti Creations Pvt Ltd is audited by JAGDISHASHOK&CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGDISHASHOK&CO. | FY 2022 | 317168E |
Shareholding
The shareholding of Akriti Creations Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akriti Creations Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2011 | 10275044 | Allahabad Bank | ₹4 Cr | Satisfied | |
| 06 Sep 2006 | 10022239 | Allahabad Bank | ₹1 Cr | Satisfied |
To see the full charge records of Akriti Creations Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Akriti Creations Pvt Ltd has 4 court cases on record: 1 filed by Akriti Creations, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Akriti Creations Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akriti Creations Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akriti Creations Pvt Ltd has a workforce of 192 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Akriti Creations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Akriti Creations Pvt Ltd, buy the company report.
Recent activity
Akriti Creations Pvt Ltd has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Pushpa Agarwal ceased to be Director on 20 Jan 2018.
1 earlier event is in the company report.
Frequently asked questions
Akriti Creations has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Akriti Creations was a private limited company based in Kolkata, West Bengal, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 26 December 2005 and is registered under CIN U51311WB2005PTC106880. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Akriti Creations was incorporated on 26 December 2005. It is registered with the Registrar of Companies, Kolkata.
Akriti Creations had 2 directors:
- Anju Agarwal - Director
- Rakesh Agarwal - Director
The CIN (Corporate Identification Number) of Akriti Creations is U51311WB2005PTC106880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Akriti Creations is at Room No 5B 5th Floor 103 Park Street, Kolkata, West Bengal, India – 700016.
Akriti Creations can be reached through the website akriticreations.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Akriti Creations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Akriti Creations has 1 GST registration on record and it is cancelled or inactive.
Akriti Creations operated in the manufacturing industry, in the textile and fabric production segment.
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