About Ideal Creations Private Limited
Data last updated:
Ideal Creations Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 22 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U19111RJ1995PTC011107. Its GSTIN is 08AAACI8865N1ZU (Rajasthan).
The company has an authorised share capital of ₹37 Lakh and a paid-up capital of ₹37 Lakh. It is led by directors including Saurabh Arya (Whole-Time Director) and Monil Arya (Whole-Time Director).
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 1 Industrial Area Jhotwara, Jaipur, Rajasthan, India – 302012.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.78 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹14.91 Lakh (net margin -1.2%) and EBITDA of ₹15.43 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ideal Creations. As per MCA filings, the company has open charges of ₹2.02 Cr and satisfied charges of ₹1.76 Cr 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 idealcreations.in.
Company details
Contact details
Ideal Creations Private Limited's registered office is in Jaipur, Rajasthan. Its website is idealcreations.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 Industrial Area Jhotwara, Jaipur, Rajasthan, India – 302012
- IndustryConsumer Goods, Leather Goods Manufacturing
To see the full contact details of Ideal Creations 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
Ideal Creations operates one associated brand: Ideal Creations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of leather goods, furniture, jewelry, and garments in India. | idealcreations.in |
Business activity
The main business activity of Ideal Creations is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Ideal Creations Private Limited, buy the company report.
Financials of Ideal Creations Private Limited
FY 2024 filings availableIdeal Creations Private Limited reported revenue of ₹12.78 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 66% 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 |
|---|---|---|---|---|---|
| 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 | ₹15.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.91 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | -1.2% | ||||
| 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 Ideal Creations Private Limited, buy the company report.
Board of directors of Ideal Creations Private Limited
Ideal Creations has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Arya | Whole-Time Director | 11 Nov 2017 | 8 Years 11 Months | Current |
| Monil Arya | Whole-Time Director | 30 Sep 2008 | 18 Years 0 Months | Current |
| Vinod Kumar Arya | Director | 22 Nov 1995 | 30 Years 11 Months | Current |
Auditor
Ideal Creations Private Limited is audited by KALANI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALANI & ASSOCIATES | FY 2022 | 02776C |
Shareholding
The shareholding of Ideal Creations Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ideal Creations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2024 | 101072918 | Hdfc Bank Limited | ₹7 Lakh | Open | |
| 21 Oct 2021 | 100494791 | Others | ₹10.1 Lakh | Open | |
| 26 Jun 2020 | 100375971 | Bank of India | ₹15 Lakh | Open | |
| 22 Nov 2012 | 10391907 | Bank of India | ₹1.7 Cr | Open | |
| 10 Apr 2010 | 10216177 | Bank of India | ₹9 Lakh | Satisfied |
To see the full charge records of Ideal Creations Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Ideal Creations 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
Ideal Creations Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 90 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Overseas Beauty Art Furniture Exports Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Shri Balaji Industries- Chomu |
To see the full MSME payment records of Ideal Creations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ideal Creations Private Limited has a workforce of 26 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Ideal Creations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACI8865N1ZU | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ideal Creations Private Limited, buy the company report.
Recent activity
Ideal Creations Private Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Saurabh Arya ceased to be Additional Director on 30 Sep 2018.
11 earlier events are in the company report.
Frequently asked questions
Ideal Creations is an active private limited company based in Jaipur, Rajasthan, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 22 November 1995 (31+ years old) and is registered under CIN U19111RJ1995PTC011107.
Ideal Creations has 3 current directors:
- Saurabh Arya - Whole-Time Director
- Monil Arya - Whole-Time Director
- Vinod Kumar Arya - Director
The latest financial statements of Ideal Creations 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 Ideal Creations is 08AAACI8865N1ZU, registered in Rajasthan.
The CIN (Corporate Identification Number) of Ideal Creations is U19111RJ1995PTC011107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Creations was incorporated on 22 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
Saurabh Arya ceased to be Additional Director on 30 Sep 2018. Saurabh Arya was appointed as Whole-Time Director on 11 Nov 2017. Subhash Chandra Arya ceased to be Director on 31 Mar 2013. Ideal Creations has 5 board changes on record in total.
Ideal Creations has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 90 overdue payments to 23 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Ideal Creations can be reached through the website idealcreations.in. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Ideal Creations is at 1 Industrial Area Jhotwara, Jaipur, Rajasthan, India – 302012.
Ideal Creations operates in the consumer goods industry, in the leather goods manufacturing segment.