Ikshatex Creation Private Limited

Ikshatex Creation Private Limited - manufacturing in Boisar, Maharashtra, India. FY 2026 financials & compliance.
CIN U14101MH1980PTC022802 Incorporated 07 July 1980 ROC Mumbai HQ Boisar, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹1.2 Cr
▲ 42% YoY
Net profit · FY 2023
₹1.78 Lakh
Net margin 1.5%
EBITDA · FY 2023
₹12.32 Lakh
EBITDA margin 10.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8 Lakh
Issued & subscribed
Satisfied charges
₹1.81 Cr
No open charges
Company age
46 yrs
Est. 1980
Directors on board
2
As per MCA filings

About Ikshatex Creation Private Limited

Data last updated:

Ikshatex Creation Private Limited is a private limited company based in Boisar, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 July 1980 and has been in existence for over 46 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14101MH1980PTC022802. Its GSTIN is 27AAACS7345B1ZK (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Rambhita Satendra Ojha and Mayank Satendra Ojha.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. J – 21 MIDC Boisar – Tarapur, Maharashtra, India – 401506.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.2 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Lakh (net margin 1.5%) and EBITDA of ₹12.32 Lakh (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.

As per MCA filings, the company has satisfied charges of ₹1.81 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Ikshatex Creation Private Limited
CIN U14101MH1980PTC022802
Registration Number 022802
Incorporation Date 07 July 1980
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. J – 21 MIDC Boisar – Tarapur, Maharashtra, India – 401506
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Ikshatex Creation Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Ikshatex Creation Private Limited

The main business activity of Ikshatex Creation is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Ikshatex Creation Private Limited FY 2023 filings available

Ikshatex Creation Private Limited reported revenue of ₹1.2 Cr (up 42% YoY) for FY 2023.

Revenue · FY 2023
₹1.2 Cr ▲ 42%
Net profit · FY 2023
₹1.78 Lakh margin 1.5%
EBITDA · FY 2023
₹12.32 Lakh margin 10.2%

Compounded Annual Growth Rate (CAGR) of Ikshatex Creation Private Limited

Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 7%
5 years · compounded
▲ 6%
EBITDA CAGR growth
3 years · compounded
▼ 1%
5 years · compounded
▼ 10%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 42% growth 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 of Ikshatex Creation Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹12.32 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.78 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 of Ikshatex Creation Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin10.2%••••••••••••••••
Net Profit Margin1.5%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ikshatex Creation are in the company report.

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Financial statements from 2015

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Peer Comparison of Ikshatex Creation Private Limited

Ikshatex Creation Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Omikka Creations Private Limited₹1.21 Cr (FY 2024)••••••••15.0%••••Noida, Gautam Budha Nagar, Uttar Pradesh, India
Rainbow Textile Processors Private Limited₹1.21 Cr (FY 2025)••••••••-12.0%••••Mumbai, Maharashtra, India
Aramdan Skin Solutions Private Limited₹1.21 Cr (FY 2024)••••••••46.0%••••Chandigarh, India
Goodwill Electronics and Engineering Company Private Limited₹1.21 Cr (FY 2025)••••••••65239.0%••••New Delhi, Delhi, India
Haryana Petrochemicals Limited₹1.21 Cr (FY 2025)••••••••16.0%••••Haryana, India
Ikshatex Creation Private Limited this company₹1.2 Cr (FY 2023)••••••••42.0%••••Boisar, Maharashtra, India
Kritaka Fab Private Limited₹1.2 Cr (FY 2025)••••••••33.0%••••Ahmeddabad, Gujarat, India
Chrisdan Clothing (OPC) Private Limited₹1.2 Cr (FY 2025)••••••••314.0%••••Tirupur, Tamil Nadu, India
Bez Textiles Private Limited₹1.2 Cr (FY 2025)••••••••-58.0%••••Erode, Tamil Nadu, India
Knitsburg Private Limited₹1.2 Cr (FY 2025)••••••••34.0%••••Chennai, Tamil Nadu, India
Shekhar Textile Private Limited₹1.2 Cr (FY 2025)••••••••-8.0%••••Shirpur, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Ikshatex Creation by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Ikshatex Creation Private Limited

Ikshatex Creation Private Limited is audited by SANTOSH H. BARNWAL for the financial year 2022.

NameStatusAppointment DateCessation Date
SANTOSH H. BARNWALLockedLockedLocked
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Board of Directors of Ikshatex Creation Private Limited

Ikshatex Creation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rambhita Satendra OjhaDirector05 Jul 200818 Years 3 MonthsCurrent
Mayank Satendra OjhaDirector16 Nov 201510 Years 10 MonthsCurrent

Ownership and Shareholding of Ikshatex Creation Private Limited

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Charges & Borrowings of Ikshatex Creation Private Limited

Open charges
None
Satisfied charges
₹1.81 Cr
Breakdown by lending institutions
Bank of Maharashtra₹1.64 Cr
Baombay Mercantile Co-Op. Bank Limited₹0.08 Cr
Bombay Mercantile Co-Op.Bank Limited₹0.05 Cr
Bombay Mercantile Co-Op. Bank Limited₹0.04 Cr
Latest charge details
DateLenderAmountStatus
07 Feb 2007Bank of Maharashtra₹1.64 CrSatisfied
23 Oct 1989Bombay Mercantile Co-Op. Bank Limited₹4 LakhSatisfied
23 Oct 1989Baombay Mercantile Co-Op. Bank Limited₹8 LakhSatisfied
07 Aug 1988Bombay Mercantile Co-Op.Bank Limited₹5.25 LakhSatisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Ikshatex Creation Private Limited

Employment history and EPFO contributions of people linked to Ikshatex Creation.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Ikshatex Creation Private Limited

Ikshatex Creation has one previous CIN (Corporate Identification Number): U25100MH1980PTC022802. The current CIN is U14101MH1980PTC022802, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U14101MH1980PTC022802Current
U25100MH1980PTC022802Previous

Recent Activity on Ikshatex Creation Private Limited

Ikshatex Creation Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Satendra Ramcharitra Ojha ceased to be Director on 19 Nov 2015.

AGM
Ikshatex Creation Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge registered on 07 Feb 2007 via Charge ID 10038474 with Bank Of Maharashtra was fully satisfied on 03 Jul 2023.
Filing
Ikshatex Creation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai Ii.
Ceased
Satendra Ramcharitra Ojha ceased to be Director.
Appointed
Mayank Satendra Ojha was appointed as Director.
Charges
A charge registered on 23 Oct 1989 via Charge ID 80047649 with Bombay Mercantile Co-Op. Bank Limited was fully satisfied on 01 Sep 2008.
Charges
A charge registered on 23 Oct 1989 via Charge ID 80047650 with Baombay Mercantile Co-Op. Bank Limited was fully satisfied on 01 Sep 2008.
Charges
A charge registered on 07 Aug 1988 via Charge ID 80047647 with Bombay Mercantile Co-Op.Bank Limited was fully satisfied on 01 Sep 2008.
Appointed
Rambhita Satendra Ojha was appointed as Director.
Charges
A charge with Bank Of Maharashtra of Rs. 164.00 Lakh registered on 07 Feb 2007 with Charge ID 10038474 was modified on 04 May 2007.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 164.00 Lakh with Charge ID 10038474 was registered on 07 Feb 2007.
Charges
A charge with Bombay Mercantile Co-Op. Bank Limited amounted to Rs. 4.00 Lakh with Charge ID 80047649 was registered on 23 Oct 1989.

3 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Ikshatex Creation Private Limited

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MSME Payment Delays by Ikshatex Creation Private Limited

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Subsidiaries & Group Companies of Ikshatex Creation Private Limited

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GST Compliance of Ikshatex Creation Private Limited

Ikshatex Creation has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACS7345B1ZKMaharashtraActive30 Aug 2017
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MCA Filings & Documents of Ikshatex Creation Private Limited

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Frequently Asked Questions about Ikshatex Creation Private Limited

Ikshatex Creation is an active private limited company based in Boisar, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 July 1980 (46+ years old) and is registered under CIN U14101MH1980PTC022802.

Ikshatex Creation reported revenue of ₹1.2 Cr for FY 2023 (up 42% YoY).

Ikshatex Creation has 2 current directors:

Ikshatex Creation reported a net profit of ₹1.78 Lakh (net margin 1.5%) and EBITDA of ₹12.32 Lakh (EBITDA margin 10.2%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Ikshatex Creation is 7% over three years and 6% over five years. In the latest year (FY 2023) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Ikshatex Creation is 27AAACS7345B1ZK, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ikshatex Creation is U14101MH1980PTC022802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ikshatex Creation was incorporated on 07 July 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Ikshatex Creation by revenue are Omikka Creations Private Limited, Rainbow Textile Processors Private Limited, Aramdan Skin Solutions Private Limited, Goodwill Electronics and Engineering Company Private Limited, Haryana Petrochemicals Limited and 5 more, all in the Manufacturing industry (Textiles).

Satendra Ramcharitra Ojha ceased to be Director on 19 Nov 2015. Mayank Satendra Ojha was appointed as Director on 16 Nov 2015. Rambhita Satendra Ojha was appointed as Director on 05 Jul 2008.

The registered office of Ikshatex Creation is at Plot No. J – 21 MIDC Boisar – Tarapur, Maharashtra, India – 401506.

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