DPIIT recognised startup Government of India
Startup India
Crelab Innovation Private Limited
Crelab Innovation Private Limited - electrnoics in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹82.03 Lakh
▼ 6% YoY
Net profit · FY 2024
₹96,626
Net margin 1.2%
EBITDA · FY 2024
₹2.62 Lakh
EBITDA margin 3.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Crelab Innovation Private Limited
Data last updated:
Crelab Innovation Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 06 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2019PTC111260. Its GSTIN is 24AAICC5126E1Z1 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kewal Kiritbhai Patel and Sagar Pravinbhai Patel.
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 – 11/2 Electronics Estate GIDC Gandhinagar, Gujarat, India – 382025.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.03 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹96,626 (net margin 1.2%) and EBITDA of ₹2.62 Lakh (EBITDA margin 3.2%).
As per MCA filings, the company has open charges of ₹10 Lakh on record.
Crelab Innovation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0004770).
Company details
CIN U31900GJ2019PTC111260
Registration Number 111260
Incorporation Date 06 December 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-09-0004770
Recognitions & Rankings of Crelab Innovation
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-09-0004770
Contact details
Crelab Innovation Private Limited's registered office is in Gandhinagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressB – 11/2 Electronics Estate GIDC Gandhinagar, Gujarat, India – 382025
- IndustryElectrnoics, Electrical Equipment, Manufacturing
To see the full contact details of Crelab Innovation Private Limited, buy the company report.
Comprehensive company report
Crelab Innovation 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 Crelab Innovation is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Crelab Innovation Private Limited, buy the company report.
Financials of Crelab Innovation Private Limited
FY 2024 filings availableCrelab Innovation Private Limited reported revenue of ₹82.03 Lakh (down 6% YoY) for FY 2024.
Revenue · FY 2024
₹82.03 Lakh ▼ 6%
Net profit · FY 2024
₹96,626 margin 1.2%
EBITDA · FY 2024
₹2.62 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
Revenue fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹2.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹96,626 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Crelab Innovation Private Limited, buy the company report.
Board of directors of Crelab Innovation Private Limited
Crelab Innovation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kewal Kiritbhai Patel | Director | 06 Dec 2019 | 6 Years 11 Months | Current |
| Sagar Pravinbhai Patel | Director | 01 Oct 2020 | 6 Years 1 Months | Current |
Charges & borrowings
Open charges
₹10 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2021 | 100477677 | State Bank of India | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Crelab Innovation 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 Crelab Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Crelab Innovation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICC5126E1Z1 | Gujarat | Active | 11 Feb 2021 |
To see the full GST registrations and return filing status of Crelab Innovation Private Limited, buy the company report.
Recent activity
Crelab Innovation Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Pratikkumar Rajnikant Ramjiyani ceased to be Director on 01 Oct 2020.
AGM
Crelab Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Crelab Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Lakh with Charge ID 100477677 was registered on 18 Aug 2021.
Ceased
Pratikkumar Rajnikant Ramjiyani ceased to be Director.
Appointed
Sagar Pravinbhai Patel was appointed as Director.
Appointed
Kewal Kiritbhai Patel was appointed as Director.
Incorporation
06 Dec 2019
Crelab Innovation Private Limited was registered on 06 Dec 2019 with Roc Ahmedabad & aged 6 years 11 months as per MCA records.
Frequently asked questions
Crelab Innovation is an active private limited company based in Gandhinagar, Gujarat, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 06 December 2019 (7+ years old) and is registered under CIN U31900GJ2019PTC111260.
Crelab Innovation has 2 current directors:
- Kewal Kiritbhai Patel - Director
- Sagar Pravinbhai Patel - Director
The latest financial statements of Crelab Innovation 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 FY 2020 are in the company report.
The GSTIN of Crelab Innovation is 24AAICC5126E1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Crelab Innovation is U31900GJ2019PTC111260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crelab Innovation was incorporated on 06 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pratikkumar Rajnikant Ramjiyani ceased to be Director on 01 Oct 2020. Sagar Pravinbhai Patel was appointed as Director on 01 Oct 2020. Kewal Kiritbhai Patel was appointed as Director on 06 Dec 2019.
Yes, Crelab Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Crelab Innovation is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-09-0004770).
The registered office of Crelab Innovation is at B – 112 Electronics Estate GIDC Gandhinagar, Gujarat, India – 382025.
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