Kothari Creations Private Limited
About Kothari Creations Private Limited
Data last updated:
Kothari Creations Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Kgk Diajewels Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 23 April 1999.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH1999PTC119580. Its GSTIN is 27AABCK2662C1ZV (Maharashtra).
The company had an authorised share capital of ₹13 Lakh and a paid-up capital of ₹13 Lakh. It was led by directors Sampat Raj Kothari and Navrattan Kothari.
Its last annual general meeting (AGM) was held on 14 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.87 Lakh. For the same year it recorded a net loss of ₹15,000 (net margin -0.8%) and EBITDA of -₹6,000 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 180% over five years.
Its group structure included 4 subsidiaries.
Company details
Contact details
Kothari Creations Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Kgk Tower II Dattapada Road Rajendra Nagar Near Ekta Bhoomi Gardens Borivali, (East), Mumbai, Maharashtra, India – 400066
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Kothari 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
Business activity
The main business activity of Kothari Creations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kothari Creations Private Limited, buy the company report.
Financials of Kothari Creations Private Limited
FY 2024 filings availableKothari Creations Private Limited reported revenue of ₹18.87 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 180% over five years. EBITDA rose 88% 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 | -₹6,000 | ||||
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| Net Profit (PAT) | -₹15,000 | ||||
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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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| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Kothari Creations Private Limited, buy the company report.
Board of directors of Kothari Creations Private Limited
Kothari Creations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sampat Raj Kothari Also directs: KGK Diamatrix India Private Limited, KGK Diamonds (I) Private Limited, KGK Academy Foundation and 5 more | Director | 10 Jan 2006 | 20 Years 9 Months | As last reported |
| Navrattan Kothari Also directs: Bagru Industrial Park Maintenance LLP, Precious Color Crystals LLP, Precious Development LLP and 5 more | Director | 24 Nov 2010 | 15 Years 11 Months | As last reported |
Peer comparison
Kothari Creations Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diamexon Gems Private Limited | ₹18.97 Lakh (FY 2025) | -5.0% | Surat, Gujarat, India | |||
| Kothari Creations Private Limitedthis company | ₹18.87 Lakh (FY 2024) | -₹15,000 | -0.8% | Mumbai, Maharashtra, India | ||
| Aarav Diamond Private Limited | ₹18.49 Lakh (FY 2025) | -25.0% | Surat, Gujarat, India | |||
| De Fanciable Jewellers and Garments Private Limited | ₹18.45 Lakh (FY 2021) | 2.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Kothari Creations Private Limited, buy the company report.
Auditor
Kothari Creations Private Limited is audited by B. D. Jokhakar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. D. Jokhakar & Co. | FY 2023 | 104345W |
Shareholding
The shareholding of Kothari Creations 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 Kothari Creations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kothari 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
No delayed payments to MSME suppliers are on our record for Kothari Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kothari Creations has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| KGK Creations (Mfg) Private Limited | U36910MH1990PTC055961 | |
| KGK Jewellery Manufacturing Private Limited | U36911MH2019PTC334167 | |
| KGK Creations (India) Private Limited | U70100MH1999PTC119578 | |
| KGK Creations Processing Private Limited | U74110MH1993PTC072859 |
To see the full group structure of Kothari Creations Private Limited, buy the company report.
GST
Kothari Creations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK2662C1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kothari Creations Private Limited, buy the company report.
Recent activity
Kothari Creations Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Sandeep Navrattan Kothari ceased to be Director on 13 Sep 2012.
Frequently asked questions
Kothari Creations has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Kothari Creations was a private limited company based in Mumbai, Maharashtra, India. The company worked in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 23 April 1999 and is registered under CIN U51398MH1999PTC119580. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kothari Creations was incorporated on 23 April 1999. It is registered with the Registrar of Companies, Mumbai.
Kothari Creations had 2 directors:
- Sampat Raj Kothari - Director
- Navrattan Kothari - Director
The CIN (Corporate Identification Number) of Kothari Creations is U51398MH1999PTC119580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kothari Creations is at 3rd Floor Kgk Tower II Dattapada Road Rajendra Nagar Near Ekta Bhoomi Gardens Borivali, East, Mumbai, Maharashtra, India – 400066.
The latest financial statements of Kothari Creations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 14 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kothari Creations is 27AABCK2662C1ZV, registered in Maharashtra.
Kothari Creations operated in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The peers of Kothari Creations by revenue are Diamexon Gems Private Limited, Aarav Diamond Private Limited, De Fanciable Jewellers and Garments Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Sandeep Navrattan Kothari ceased to be Director on 13 Sep 2012. Navrattan Kothari ceased to be Additional Director on 30 Sep 2011. Navrattan Kothari was appointed as Director on 24 Nov 2010. Kothari Creations has 4 board changes on record in total.
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