MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0030941
Italia Creation Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.34 Cr
▼ 3% YoY
Net profit · FY 2024
₹25.38 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹1.24 Cr
EBITDA margin 7.6%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹58.51 Lakh
Issued & subscribed
Open charges
₹14.95 Cr
Satisfied ₹9.13 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
5
Provident fund records
About Italia Creation Private Limited
Data last updated:
Italia Creation Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17122GJ2010PTC060676. Its GSTIN is 24AACCI3295C1ZV (Gujarat).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹58.51 Lakh. It is led by directors including Sheela Dungar Italia and Vivek Dungarbhai Italia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.34 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹25.38 Lakh (net margin 1.6%) and EBITDA of ₹1.24 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 4% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.95 Cr and satisfied charges of ₹9.13 Cr on record. Court records list 20 cases involving the company, including 9 filed by the company and 11 filed against it; 8 cases are pending.
Italia Creation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0030941). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website italiacreation.com.
Company details
CIN U17122GJ2010PTC060676
Registration Number 060676
Incorporation Date 13 May 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0030941
Key People
Sheela Dungar Italia Director Vivek Dungarbhai Italia Director Dungar Hiraji Italia Director Recognitions & Rankings of Italia Creation
Contact details
Italia Creation Private Limited's registered office is in Surat, Gujarat. Its website is italiacreation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 36 To 41 Ground 1st& 2nd Floor City Industrial Estate B/H. Swaminarayan Tample Udhna, Main Road, Surat, Gujarat, India – 394210
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Italia Creation Private Limited, buy the company report.
Comprehensive company report
Italia Creation 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 Italia Creation 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 Italia Creation Private Limited, buy the company report.
Financials of Italia Creation Private Limited
FY 2025 filings availableItalia Creation Private Limited reported revenue of ₹16.34 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹16.34 Cr ▼ 3%
Net profit · FY 2024
₹25.38 Lakh margin 1.6%
EBITDA · FY 2024
₹1.24 Cr margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 35%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 5%
5 years · compounded
▲ 4%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 5% 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 | ₹1.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.38 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Italia Creation Private Limited, buy the company report.
Board of directors of Italia Creation Private Limited
Italia Creation has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheela Dungar Italia Also directs: Silkstar Industries Private Limited | Director | 13 May 2010 | 16 Years 5 Months | Current |
| Vivek Dungarbhai Italia Also directs: Silkstar Industries Private Limited | Director | 13 May 2010 | 16 Years 5 Months | Current |
| Dungar Hiraji Italia Also directs: Silkstar Industries Private Limited, Soham Infravenue LLP | Director | 13 May 2010 | 16 Years 5 Months | Current |
Peer comparison
Italia Creation Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sangili Textiles Private Limited | ₹16.37 Cr (FY 2025) | 12.0% | Chatrapatti, Tamil Nadu, India | |||
| Bhansali Fabtex Private Limited | ₹16.36 Cr (FY 2024) | -40.0% | Rajasthan, India | |||
| Sri Kandhaguru Spinning Mills Private Limited | ₹16.36 Cr (FY 2024) | 0.0% | Erode, Tamil Nadu, India | |||
| Italia Creation Private Limitedthis company | ₹16.34 Cr (FY 2024) | ₹25.38 Lakh | 1.6% | -3.0% | 5 | Surat, Gujarat, India |
| Polyon Textiles Private Limited | ₹16.32 Cr (FY 2025) | 48.0% | Ahmedabad, Gujarat, India | |||
| Geopol Industries Private Limited | ₹16.31 Cr (FY 2025) | 86.0% | Rajnandgaon, Chhattisgarh, India | |||
| Moxit Textile Private Limited | ₹16.3 Cr (FY 2024) | 13.0% | Surat, Gujarat, India |
To see the full peer comparison of Italia Creation Private Limited, buy the company report.
Auditor
Italia Creation Private Limited is audited by SANJAY MAHESHWARI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY MAHESHWARI & ASSOCIATES | FY 2023 | 113289W |
Shareholding
The shareholding of Italia Creation 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Italia Creation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.95 Cr
Satisfied charges
₹9.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Sep 2017 | 100121380 | Others | ₹4.89 Cr | Open | |
| 31 Oct 2013 | 10467113 | Tamilnad Mercantile Bank Ltd | ₹2.64 Cr | Open | |
| 18 Nov 2011 | 10322707 | Tamilnad Mercantile Bank Ltd | ₹7.07 Cr | Open | |
| 20 Dec 2010 | 10260249 | Tamilnad Mercantile Bank Ltd | ₹34.63 Lakh | Open | |
| 28 Jul 2011 | 10302844 | Others | ₹3.25 Cr | Satisfied |
To see the full charge records of Italia Creation Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Italia Creation Private Limited has 20 court cases on record: 9 filed by Italia Creation, 11 filed against it. 8 cases are pending and 12 are disposed.
Total cases
20
Filed by the company
9
Filed against the company
11
Pending
8
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 11 | 0 |
| High courts | 8 | 0 | 8 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
To see the full case history of Italia Creation 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 Italia Creation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Italia Creation Private Limited has a workforce of 5 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-50%
GST
Italia Creation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCI3295C1ZV | Gujarat | Active | 05 Jul 2017 |
To see the full GST registrations and return filing status of Italia Creation Private Limited, buy the company report.
Recent activity
Italia Creation Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Dungar Hiraji Italia was appointed as Director on 13 May 2010.
AGM
Italia Creation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Italia Creation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 4.89 Cr registered on 04 Sep 2017 with Charge ID 100121380 was modified on 20 Nov 2023.
Charges
A charge with Others amounted to Rs. 4.89 Cr with Charge ID 100121380 was registered on 04 Sep 2017.
Charges
A charge registered on 28 Jul 2011 via Charge ID 10302844 with Others was fully satisfied on 31 Jul 2017.
Charges
A charge with Others of Rs. 3.25 Cr registered on 28 Jul 2011 with Charge ID 10302844 was modified on 21 Apr 2016.
Charges
A charge with Tamilnad Mercantile Bank Ltd amounted to Rs. 2.64 Cr with Charge ID 10467113 was registered on 31 Oct 2013.
Charges
A charge with Tamilnad Mercantile Bank Ltd of Rs. 7.07 Cr registered on 18 Nov 2011 with Charge ID 10322707 was modified on 14 May 2012.
Charges
A charge with Tamilnad Mercantile Bank Ltd amounted to Rs. 7.07 Cr with Charge ID 10322707 was registered on 18 Nov 2011.
Charges
A charge registered on 18 Nov 2010 via Charge ID 10257374 with Tamilnad Mercantile Bank Ltd was fully satisfied on 18 Nov 2011.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 10302844 was registered on 28 Jul 2011.
Charges
A charge with Tamilnad Mercantile Bank Ltd amounted to Rs. 0.35 Cr with Charge ID 10260249 was registered on 20 Dec 2010.
5 earlier events are in the company report.
Frequently asked questions
Italia Creation is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 May 2010 (16+ years old) and is registered under CIN U17122GJ2010PTC060676.
Italia Creation has 3 current directors:
- Sheela Dungar Italia - Director
- Vivek Dungarbhai Italia - Director
- Dungar Hiraji Italia - Director
The latest financial statements of Italia Creation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Italia Creation is 24AACCI3295C1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Italia Creation is U17122GJ2010PTC060676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Italia Creation has 20 court cases on record: 9 filed by the company and 11 filed against it. 8 are pending. Most are in the district courts.
Italia Creation was incorporated on 13 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Italia Creation by revenue are Sangili Textiles Private Limited, Bhansali Fabtex Private Limited, Sri Kandhaguru Spinning Mills Private Limited, Polyon Textiles Private Limited, Geopol Industries Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Dungar Hiraji Italia was appointed as Director on 13 May 2010. Sheela Dungar Italia was appointed as Director on 13 May 2010. Vivek Dungarbhai Italia was appointed as Director on 13 May 2010.
Yes, Italia Creation is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0030941).
Italia Creation can be reached through the website italiacreation.com. Its registered office is in Surat, Gujarat, India.
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