About Creo IT Private Limited
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Creo IT Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC054182. Its GSTIN is 29AAECC0480H1ZQ (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sathendran Moochikkal and Varun Sathendran.
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 2nd Floor 868 3rd Cross 7th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.78 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹99.15 Lakh (net margin 26.2%) and EBITDA of ₹1.44 Cr (EBITDA margin 38%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 34% over five years.
The company is associated with 1 brand: Creo. As per MCA filings, the company has open charges of ₹7.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website creoit.com.
Company details
Contact details
Creo IT Private Limited's registered office is in Bangalore, Karnataka. Its website is creoit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2nd Floor 868 3rd Cross 7th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Creo IT 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
Brands
Creo IT operates one associated brand: Creo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web and mobile applications are developed for various clients. | creoit.com |
Business activity
The main business activity of Creo IT is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Creo IT Private Limited, buy the company report.
Financials of Creo IT Private Limited
FY 2024 filings availableCreo IT Private Limited reported revenue of ₹3.78 Cr (up 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 43% growth in the latest year. EBITDA rose 11% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.44 Cr | ||||
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| Net Profit (PAT) | ₹99.15 Lakh | ||||
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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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| EBITDA Margin | 38% | ||||
| Net Profit Margin | 26.2% | ||||
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To see the full financial statements and ratios of Creo IT Private Limited, buy the company report.
Board of directors of Creo IT Private Limited
Creo IT has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathendran Moochikkal Also directs: Colour Me Happy LLP | Director | 23 Jun 2010 | 16 Years 4 Months | Current |
| Varun Sathendran Also directs: Zoozle Tech Private Limited, 100G Tech Ventures Private Limited | Director | 23 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Creo IT Private Limited is audited by Swamy Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Swamy Associates | FY 2023 | 04320S |
Shareholding
The shareholding of Creo IT 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) | |||||
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| Others |
To see the full shareholding pattern of Creo IT Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2024 | 100938093 | Hdfc Bank Limited | ₹7.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Creo IT 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 Creo IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Creo IT has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECC0480H1ZQ | Karnataka | Active | 20 Jul 2018 |
To see the full GST registrations and return filing status of Creo IT Private Limited, buy the company report.
Recent activity
Creo IT Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Sathendran Moochikkal was appointed as Director on 23 Jun 2010.
Frequently asked questions
Creo IT is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 June 2010 (16+ years old) and is registered under CIN U72200KA2010PTC054182.
Creo IT has 2 current directors:
- Sathendran Moochikkal - Director
- Varun Sathendran - Director
The latest financial statements of Creo IT 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 Creo IT is 29AAECC0480H1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Creo IT is U72200KA2010PTC054182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Creo IT was incorporated on 23 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Sathendran Moochikkal was appointed as Director on 23 Jun 2010. Varun Sathendran was appointed as Director on 23 Jun 2010.
Creo IT can be reached through the website creoit.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Creo IT is at 2nd Floor 868 3rd Cross 7th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.
Creo IT operates in the information technology industry, in the application development and software solutions segment.