- Udyam number
- UDYAM-UP-29-0013177

Charu Innovations Private Limited
About Charu Innovations Private Limited
Data last updated:
Charu Innovations Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 15 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24100UP2009PTC038464. Its GSTIN is 09AAECR5101L2ZB (Uttar Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28.9 Lakh. It was formerly known as Rajshree Pigments India Private Limited and Vishal Pigments India Private Limited. It is led by directors Priti Garg and Devendra Kumar Garg.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 20 Lohia Nagar, Ghaziabad, Uttar Pradesh, India – 201001.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.67 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹24.83 Lakh (net margin 1.1%) and EBITDA of ₹57.24 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹7.61 Cr and satisfied charges of ₹9.89 Cr on record.
Charu Innovations Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-29-0013177). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Charu Innovations has undergone 2 name changes throughout its history. The company was previously known as Rajshree Pigments India Private Limited, and Vishal Pigments India Private Limited. The current legal name is Charu Innovations Private Limited.
| Company Name | Status |
|---|---|
| Charu Innovations Private Limited | Current |
| Rajshree Pigments India Private Limited | Previous |
| Vishal Pigments India Private Limited | Previous |
Recognitions & Rankings of Charu Innovations
Contact details
Charu Innovations Private Limited's registered office is in Ghaziabad, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 20 Lohia Nagar, Ghaziabad, Uttar Pradesh, India – 201001
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Charu Innovations 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 Charu Innovations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Charu Innovations Private Limited, buy the company report.
Financials of Charu Innovations Private Limited
FY 2024 filings availableCharu Innovations Private Limited reported revenue of ₹21.67 Cr (up 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 96% growth in the latest year. EBITDA rose 380% 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 | ₹57.24 Lakh | ||||
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| Net Profit (PAT) | ₹24.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Charu Innovations Private Limited, buy the company report.
Board of directors of Charu Innovations Private Limited
Charu Innovations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priti Garg | Director | 26 Sep 2023 | 3 Years 0 Months | Current |
| Devendra Kumar Garg | Director | 15 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Charu Innovations Private Limited is audited by VINAY MITTAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY MITTAL & ASSOCIATES | FY 2023 | 509560C |
Shareholding
The shareholding of Charu Innovations 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 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Charu Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2025 | 101162919 | Others | ₹2.66 Cr | Open | |
| 28 Feb 2025 | 101065668 | Axis Bank Limited | ₹2.7 Cr | Open | |
| 21 Aug 2024 | 100966614 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 06 Aug 2024 | 100991394 | Hdfc Bank Limited | ₹1.8 Cr | Open | |
| 30 Apr 2024 | 100938863 | Others | ₹35 Lakh | Open |
To see the full charge records of Charu Innovations Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Charu Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Charu Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Charu Innovations has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECR5101L2ZB | Uttar Pradesh | Active | 01 Jul 2017 |
| 05AAECR5101L1ZK | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Charu Innovations Private Limited, buy the company report.
Recent activity
Charu Innovations Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Amit Garg ceased to be Director on 26 Sep 2023.
9 earlier events are in the company report.
Frequently asked questions
Charu Innovations is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 15 October 2009 (17+ years old) and is registered under CIN U24100UP2009PTC038464.
Charu Innovations has 2 current directors:
- Priti Garg - Director
- Devendra Kumar Garg - Director
The latest financial statements of Charu Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Charu Innovations is 09AAECR5101L2ZB, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 05AAECR5101L1ZK (Uttarakhand).
The CIN (Corporate Identification Number) of Charu Innovations is U24100UP2009PTC038464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Charu Innovations was incorporated on 15 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kanpur.
Amit Garg ceased to be Director on 26 Sep 2023. Priti Garg was appointed as Director on 26 Sep 2023. Puneet Kumar Garg ceased to be Director on 01 Jan 2019. Charu Innovations has 5 board changes on record in total.
Yes, Charu Innovations is registered as an MSME under Udyam registration (number: UDYAM-UP-29-0013177).
The registered office of Charu Innovations is at B – 20 Lohia Nagar, Ghaziabad, Uttar Pradesh, India – 201001.
Charu Innovations operates in the travel and hospitality industry, in the consumer professional services segment.