Charu Innovations Private Limited

Charu Innovations Private Limited - travel and hospitality in Ghaziabad, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U24100UP2009PTC038464 Incorporated 15 October 2009 ROC Kanpur HQ Ghaziabad, Uttar Pradesh, India
Active Private Limited Company travel and hospitality MSME
Data last updated
Revenue · FY 2025
₹21.67 Cr
▲ 96% YoY
Net profit · FY 2025
₹24.83 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹57.24 Lakh
EBITDA margin 2.6%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹28.9 Lakh
Issued & subscribed
Open charges
₹7.61 Cr
Satisfied ₹9.89 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

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

CIN U24100UP2009PTC038464
Registration Number 038464
Incorporation Date 15 October 2009
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-29-0013177

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 NameStatus
Charu Innovations Private LimitedCurrent
Rajshree Pigments India Private LimitedPrevious
Vishal Pigments India Private LimitedPrevious

Recognitions & Rankings of Charu Innovations

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-UP-29-0013177

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 Address
    B – 20 Lohia Nagar, Ghaziabad, Uttar Pradesh, India – 201001
  • Industry
    Travel and Hospitality, Consumer Professional Services

To see the full contact details of Charu Innovations Private Limited, buy the company report.

Comprehensive company report
Charu Innovations Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Charu Innovations is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale 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 available

Charu Innovations Private Limited reported revenue of ₹21.67 Cr (up 96% YoY) for FY 2025.

Revenue · FY 2025
₹21.67 Cr ▲ 96%
Net profit · FY 2025
₹24.83 Lakh margin 1.1%
EBITDA · FY 2025
₹57.24 Lakh margin 2.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 96%
3 years · compounded
▲ 76%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 380%
3 years · compounded
▲ 30%
5 years · compounded
▲ 42%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹57.24 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹24.83 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.6%
Net Profit Margin1.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Priti GargDirector26 Sep 20233 Years 0 MonthsCurrent
Devendra Kumar GargDirector15 Dec 200916 Years 10 MonthsCurrent

Auditor

Charu Innovations Private Limited is audited by VINAY MITTAL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VINAY MITTAL & ASSOCIATESFY 2023509560C

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 categoryFY 2023FY 2021FY 2019FY 2018FY 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

Open charges
₹7.61 Cr
Satisfied charges
₹9.89 Cr
Breakdown by lending institutions
Others₹3.01 Cr
Axis Bank Limited₹2.70 Cr
Hdfc Bank Limited₹1.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Aug 2025101162919Others₹2.66 CrOpen
28 Feb 2025101065668Axis Bank Limited₹2.7 CrOpen
21 Aug 2024100966614Hdfc Bank Limited₹10 LakhOpen
06 Aug 2024100991394Hdfc Bank Limited₹1.8 CrOpen
30 Apr 2024100938863Others₹35 LakhOpen

To see the full charge records of Charu Innovations Private Limited, buy the company report.

Total charge records: 8 View all charges

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.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AAECR5101L2ZBUttar PradeshActive01 Jul 2017
05AAECR5101L1ZKUttarakhandActive01 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.

Charges
A charge with Others amounted to Rs. 265.50 Lakh with Charge ID 101162919 was registered on 22 Aug 2025.
Charges
A charge with Axis Bank Limited of Rs. 270.00 Lakh registered on 28 Feb 2025 with Charge ID 101065668 was modified on 04 Apr 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 270.00 Lakh with Charge ID 101065668 was registered on 28 Feb 2025.
AGM
Charu Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 100966614 was registered on 21 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 180.00 Lakh with Charge ID 100991394 was registered on 06 Aug 2024.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100938863 was registered on 30 Apr 2024.
Filing
Charu Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Ceased
Amit Garg ceased to be Director.
Appointed
Priti Garg was appointed as Director.
Charges
A charge registered on 19 Dec 2012 via Charge ID 10395924 with Oriental Bank Of Commerce was fully satisfied on 17 Aug 2023.
Charges
A charge registered on 17 Jun 2010 via Charge ID 10227443 with Union Bank Of India was fully satisfied on 11 Aug 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:

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.