MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0138230
Elegant Creations Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹46.64 Lakh
▼ 80% YoY
Net loss · FY 2023
₹1.08 Cr
Net margin -232.1%
EBITDA · FY 2023
-₹29.62 Lakh
EBITDA margin -63.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.18 Cr
Issued & subscribed
Open charges
₹115 Cr
Satisfied ₹10 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
10
Provident fund records
About Elegant Creations Private Limited
Data last updated:
Elegant Creations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 01 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH1998PTC115603. Its GSTIN is 27AAACE5295L1Z8 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.18 Cr. It is led by directors Meena Ravindra Mogra and Ravindra Kumar Mogra.
Its last annual general meeting (AGM) was held on 29 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 701 Meenaxi Apartmentgoluldham Film City Road Goregaon(East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2023, the company reported a revenue of ₹46.64 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹1.08 Cr (net margin -232.1%) and EBITDA of -₹29.62 Lakh (EBITDA margin -63.5%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 43% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elegant Creations. As per MCA filings, the company has open charges of ₹115 Cr and satisfied charges of ₹10 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 5 cases are pending.
Elegant Creations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0138230). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elegantcreations.in.
Company details
CIN U51398MH1998PTC115603
Registration Number 115603
Incorporation Date 01 July 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 December 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0138230
Recognitions & Rankings of Elegant Creations
Contact details
Elegant Creations Private Limited's registered office is in Mumbai, Maharashtra. Its website is elegantcreations.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address701 Meenaxi Apartmentgoluldham Film City Road Goregaon(East), Mumbai, Maharashtra, India – 400063
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Elegant Creations Private Limited, buy the company report.
Comprehensive company report
Elegant Creations 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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Brands
Elegant Creations operates one associated brand: Elegant Creations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and exporter of mechanical equipment | elegantcreations.in |
Business activity
The main business activity of Elegant Creations is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Elegant Creations Private Limited, buy the company report.
Financials of Elegant Creations Private Limited
FY 2023 filings availableElegant Creations Private Limited reported revenue of ₹46.64 Lakh (down 80% YoY) for FY 2023.
Revenue · FY 2023
₹46.64 Lakh ▼ 80%
Net loss · FY 2023
₹1.08 Cr margin -232.1%
EBITDA · FY 2023
-₹29.62 Lakh margin -63.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 80%
3 years · compounded
▼ 65%
5 years · compounded
▼ 43%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▼ 30%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 80% fall in the latest year. EBITDA rose 64% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹29.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.08 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -63.5% | ||||
| Net Profit Margin | -232.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Elegant Creations Private Limited, buy the company report.
Board of directors of Elegant Creations Private Limited
Elegant Creations 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 |
|---|---|---|---|---|
| Meena Ravindra Mogra | Director | 01 Jul 1998 | 28 Years 4 Months | Current |
| Ravindra Kumar Mogra | Director | 01 Jul 1998 | 28 Years 4 Months | Current |
Auditor
Elegant Creations Private Limited is audited by M S THACKER & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S THACKER & CO | FY 2021 | 110870W |
Shareholding
The shareholding of Elegant Creations Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elegant Creations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹115 Cr
Satisfied charges
₹10 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2019 | 100248784 | Canara Bank | ₹115 Cr | Open | |
| 02 Apr 2013 | 10417371 | State Bank of Hyderabad | ₹10 Cr | Satisfied |
To see the full charge records of Elegant Creations Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Elegant Creations Private Limited has 10 court cases on record: 4 filed by Elegant Creations, 6 filed against it. 5 cases are pending and 5 are disposed.
Total cases
10
Filed by the company
4
Filed against the company
6
Pending
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
| High courts | 5 | 2 | 3 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Canara Bank | Pending |
| Bombay High Court | Court case (S) | Filed by the company against Canara Bank | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Canara Bank and Anr | Pending |
| District court, Solan, Himachal Pradesh | Commercial suit | Filed against the company by Ashoka Spanners Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Elegant Forge and Equipments Private Ltd. and Anr. | Disposed |
To see the full case history of Elegant Creations 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 Elegant Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elegant Creations Private Limited has a workforce of 10 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-9.09%
GST
Elegant Creations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE5295L1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elegant Creations Private Limited, buy the company report.
Recent activity
Elegant Creations Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Manilal Harji Limbani ceased to be Director on 10 Feb 2023.
AGM
Elegant Creations Private Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.
Filing
Elegant Creations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Manilal Harji Limbani ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 115.00 Cr with Charge ID 100248784 was registered on 02 Mar 2019.
Charges
A charge with Canara Bank of Rs. 115.00 Cr registered on 02 Mar 2019 with Charge ID 100248784 was modified on 02 Mar 2019.
Charges
A charge registered on 02 Apr 2013 via Charge ID 10417371 with State Bank Of Hyderabad was fully satisfied on 09 Apr 2018.
Charges
A charge with State Bank Of Hyderabad of Rs. 10.00 Cr registered on 02 Apr 2013 with Charge ID 10417371 was modified on 30 Dec 2014.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 10.00 Cr with Charge ID 10417371 was registered on 02 Apr 2013.
Appointed
Meena Ravindra Mogra was appointed as Director.
Appointed
Ravindra Kumar Mogra was appointed as Director.
Incorporation
01 Jul 1998
Elegant Creations Private Limited was registered on 01 Jul 1998 with Roc Mumbai & aged 28 years 4 months as per MCA records.
Frequently asked questions
Elegant Creations is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 01 July 1998 (28+ years old) and is registered under CIN U51398MH1998PTC115603.
Elegant Creations has 2 current directors:
- Meena Ravindra Mogra - Director
- Ravindra Kumar Mogra - Director
The latest financial statements of Elegant Creations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Elegant Creations is 27AAACE5295L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elegant Creations is U51398MH1998PTC115603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elegant Creations has 10 court cases on record: 4 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Elegant Creations was incorporated on 01 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Manilal Harji Limbani ceased to be Director on 10 Feb 2023. Meena Ravindra Mogra was appointed as Director on 01 Jul 1998. Ravindra Kumar Mogra was appointed as Director on 01 Jul 1998.
Yes, Elegant Creations is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0138230).
Elegant Creations can be reached through the website elegantcreations.in. Its registered office is in Mumbai, Maharashtra, India.
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