Kreate Fashtech Private Limited
About Kreate Fashtech Private Limited
Data last updated:
Kreate Fashtech Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 15 January 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U18204MH2013PTC239669. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Reetesh Pravinchandra Shah and Hetal Reetesh Shah.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 19 Mehta Chambers Seth Motishah Lane Mazagaon, Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2017, the company reported a revenue of ₹70,000, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹32,128 (net margin -45.9%) and EBITDA of -₹30,149 (EBITDA margin -43.1%).
Company details
Contact details
Kreate Fashtech Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address19 Mehta Chambers Seth Motishah Lane Mazagaon, Mumbai, Maharashtra, India – 400010
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Kreate Fashtech 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 Kreate Fashtech is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Kreate Fashtech Private Limited, buy the company report.
Financials of Kreate Fashtech Private Limited
FY 2017 filings availableKreate Fashtech Private Limited reported revenue of ₹70,000 (down 53% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 53% in the latest year. EBITDA fell 180% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹70,000 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹30,149 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹32,128 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -43.1% | ||
| Net Profit Margin | -45.9% | ||
| 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 Kreate Fashtech Private Limited, buy the company report.
Board of directors of Kreate Fashtech Private Limited
Kreate Fashtech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reetesh Pravinchandra Shah | Director | 15 Jan 2013 | 13 Years 9 Months | As last reported |
| Hetal Reetesh Shah Also directs: RSB Insights and Analytics Private Limited | Director | 15 Jan 2013 | 13 Years 9 Months | As last reported |
Peer comparison
Kreate Fashtech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kreate Fashtech Private Limitedthis company | ₹70,000 (FY 2017) | -₹32,128 | -45.9% | -53.0% | Mumbai, Maharashtra, India | |
| Skyline Commosales Private Limited | ₹70,000 (FY 2025) | 75.0% | Ahmedabad, Gujarat, India | |||
| Sagaks Creations Private Limited | ₹70,000 (FY 2025) | 75.0% | Kolkata, West Bengal, India | |||
| Hindice Impex Private Limited | ₹70,000 (FY 2022) | 56.0% | Thane, Maharashtra, India | |||
| Rmeen Pharma (OPC) Private Limited | ₹70,000 (FY 2025) | -88.0% | Nagpur, Maharashtra, India | |||
| Gopi Ram Agro Indus Private Limited | ₹70,000 (FY 2025) | -87.0% | Hyderabad, Telangana, India | |||
| Offshoff Technocom Private Limited | ₹69,965 (FY 2022) | 5730.0% | Jalgaon, Maharashtra, India | |||
| Parascreate Marketing and Retail Trade Private Limited | ₹69,911 (FY 2022) | Pathankot, Punjab, India | ||||
| Mayuri Jewellers (OPC) Private Limited | ₹69,900 (FY 2024) | -76.0% | Sangli, Maharashtra, India | |||
| Abroka Services Private Limited | ₹69,895 (FY 2024) | Delhi, India | ||||
| Inspired Spirits Private Limited | ₹69,843 (FY 2025) | Bardez, Goa, India |
To see the full peer comparison of Kreate Fashtech Private Limited, buy the company report.
Auditor
Kreate Fashtech Private Limited is audited by DODHIYA AND CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DODHIYA AND CO. | FY 2017 | 125243W |
Shareholding
The shareholding of Kreate Fashtech Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kreate Fashtech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kreate Fashtech 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 Kreate Fashtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kreate Fashtech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kreate Fashtech Private Limited, buy the company report.
Recent activity
Kreate Fashtech Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Hetal Reetesh Shah was appointed as Director on 15 Jan 2013.
Frequently asked questions
Kreate Fashtech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Kreate Fashtech was a private limited company based in Mumbai, Maharashtra, India. The company worked in retailers, within the trading industry. It was incorporated on 15 January 2013 and is registered under CIN U18204MH2013PTC239669. The company has been struck off by the Registrar of Companies and is no longer operational.
Kreate Fashtech had 2 directors:
- Reetesh Pravinchandra Shah - Director
- Hetal Reetesh Shah - Director
The CIN (Corporate Identification Number) of Kreate Fashtech is U18204MH2013PTC239669. 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 Kreate Fashtech is at 19 Mehta Chambers Seth Motishah Lane Mazagaon, Mumbai, Maharashtra, India – 400010.
Kreate Fashtech was incorporated on 15 January 2013. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Kreate Fashtech on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Kreate Fashtech has 1 GST registration on record and it is cancelled or inactive.
Kreate Fashtech operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of Kreate Fashtech by revenue are Skyline Commosales Private Limited, Sagaks Creations Private Limited, Hindice Impex Private Limited, Rmeen Pharma (OPC) Private Limited, Gopi Ram Agro Indus Private Limited and 5 more, all in the same principal business activity (retail trading).
Hetal Reetesh Shah was appointed as Director on 15 Jan 2013. Reetesh Pravinchandra Shah was appointed as Director on 15 Jan 2013.