- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0008837

Ashi Creation Private Limited
About Ashi Creation Private Limited
Data last updated:
Ashi Creation Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 15 November 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51311DL1996PTC083308. Its GSTIN is 07AABCA0042J1Z6 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹99.51 Lakh. It is led by directors Rajnish Mahajan and Inder Jeet Mahajan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at J – 13/14 3rd Floor Patel Market Rajouri Garden, New Delhi, Delhi, India – 110027.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.92 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 2.7%) and EBITDA of ₹4.14 Cr (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over five years.
The company has about 47 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹46.39 Cr and satisfied charges of ₹63.99 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it.
Ashi Creation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0008837). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Ashi Creation
Contact details
Ashi Creation Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJ – 13/14 3rd Floor Patel Market Rajouri Garden, New Delhi, Delhi, India – 110027
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Ashi Creation Private Limited, 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 Ashi Creation is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Ashi Creation Private Limited, buy the company report.
Financials of Ashi Creation Private Limited
FY 2025 filings availableAshi Creation Private Limited reported revenue of ₹75.92 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 6% fall in the latest year. EBITDA fell 40% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.14 Cr | ||||
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| Net Profit (PAT) | ₹2.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 2.7% | ||||
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To see the full financial statements and ratios of Ashi Creation Private Limited, buy the company report.
Board of directors of Ashi Creation Private Limited
Ashi Creation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajnish Mahajan | Director | 29 Apr 2014 | 12 Years 5 Months | Current |
| Inder Jeet Mahajan | Director | 16 Aug 2003 | 23 Years 2 Months | Current |
Peer comparison
Ashi Creation Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Electronic Appliances Retail and Distribution, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Keenara Filaments Private Limited | ₹76.11 Cr (FY 2025) | 95.0% | Surat, Gujarat, India | |||
| Ramji Acro Limited | ₹76 Cr (FY 2025) | 22.0% | Punjab, India | |||
| Ajay (India) Ltd | ₹75.98 Cr (FY 2025) | 16.0% | Bhilwara, Rajasthan, India | |||
| Sakthi Ganesh Textiles Private Limited | ₹75.93 Cr (FY 2022) | 29.0% | Coimbatore, Tamil Nadu, India | |||
| Ashi Creation Private Limitedthis company | ₹75.92 Cr (FY 2025) | ₹2.08 Cr | 2.7% | -6.0% | 47 | New Delhi, Delhi, India |
| Bhaarathi Spintex India Private Limited | ₹75.83 Cr (FY 2025) | -9.0% | Kumarapalayam Tk, Tamil Nadu, India | |||
| Oriilon Tectex Private Limited | ₹75.81 Cr (FY 2025) | 366.0% | Surat, Gujarat, India | |||
| Signature Hosiery Private Limited | ₹75.57 Cr (FY 2024) | 9.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ashi Creation Private Limited, buy the company report.
Auditor
Ashi Creation Private Limited is audited by A. GOEL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. GOEL & ASSOCIATES | FY 2022 | 002743N |
Shareholding
The shareholding of Ashi Creation Private Limited 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashi Creation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2025 | 101149085 | Sidbi | ₹7.24 Cr | Open | |
| 09 Jul 2025 | 101123330 | Sidbi | ₹1.85 Cr | Open | |
| 06 Feb 2023 | 100672647 | Sidbi | ₹11 Cr | Open | |
| 24 Feb 2021 | 100434523 | Others | ₹1 Cr | Open | |
| 27 Jun 2017 | 100108108 | Others | ₹25.3 Cr | Open |
To see the full charge records of Ashi Creation Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Ashi Creation Private Limited has 9 court cases on record: 6 filed by Ashi Creation, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Disposed |
| District court, South West, Delhi | Court case (RCA CIVIL DJ ADJ) | Filed by the company against an individual | Disposed |
| District court, South West, Delhi | Court case (Insolvency) | Filed against the company by M/S Shree Laxmi Enterprises (Motorola) and Anr. | Disposed |
| District court, West, Delhi | Commercial suit | Filed by the company against individuals | Disposed |
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed by the company against Kirti Enterprises | Disposed |
To see the full case history of Ashi Creation Private Limited, 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 Ashi Creation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ashi Creation has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| La Sirene Creations Private Limited | U17299DL2022PTC403512 |
To see the full group structure of Ashi Creation Private Limited, buy the company report.
Employees & EPFO
Ashi Creation Private Limited has a workforce of 47 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Ashi Creation has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCA0042J1Z6 | Delhi | Active | 01 Jul 2017 |
| 06AABCA0042J1Z8 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashi Creation Private Limited, buy the company report.
Recent activity
Ashi Creation Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Manish Mahajan ceased to be Director on 25 Sep 2021.
39 earlier events are in the company report.
Frequently asked questions
Ashi Creation is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 15 November 1996 (30+ years old) and is registered under CIN U51311DL1996PTC083308.
Ashi Creation has 2 current directors:
- Rajnish Mahajan - Director
- Inder Jeet Mahajan - Director
The latest financial statements of Ashi Creation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashi Creation is 07AABCA0042J1Z6, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AABCA0042J1Z8 (Haryana).
The CIN (Corporate Identification Number) of Ashi Creation is U51311DL1996PTC083308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashi Creation has 9 court cases on record: 6 filed by the company and 3 filed against it. Most are in the district courts.
Ashi Creation was incorporated on 15 November 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ashi Creation by revenue are Keenara Filaments Private Limited, Ramji Acro Limited, Ajay (India) Ltd, Sakthi Ganesh Textiles Private Limited, Bhaarathi Spintex India Private Limited and 2 more, all in the Manufacturing industry (Electronic Appliances Retail and Distribution, Textiles), with the same principal business activity (textile, leather and other apparel products).
Manish Mahajan ceased to be Director on 25 Sep 2021. Rajnish Mahajan ceased to be Additional Director on 30 Sep 2014. Rajnish Mahajan was appointed as Director on 29 Apr 2014. Ashi Creation has 4 board changes on record in total.
Yes, Ashi Creation is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0008837).
The registered office of Ashi Creation is at J – 1314 3rd Floor Patel Market Rajouri Garden, New Delhi, Delhi, India – 110027.