Mereena Creations Private Limited
About Mereena Creations Private Limited
Data last updated:
Mereena Creations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 16 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2004PTC034502. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.4 Lakh. It was formerly known as Kingsway Apparels Private Limited. It is led by directors including Verghese George Punnacherial (Managing Director) and Sally Varghese.
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 65/A Peenya Industrial Shed Iiird Phase Tvs Cross, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.15 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹12,687 (net margin -11%) and EBITDA of ₹78,718 (EBITDA margin 68.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹9.86 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mereena Creations Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address65/A Peenya Industrial Shed Iiird Phase Tvs Cross, Bangalore, Karnataka, India – 560058
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Mereena 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
Financials of Mereena Creations Private Limited
FY 2025 filings availableMereena Creations Private Limited reported revenue of ₹1.15 Lakh (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 15% growth in the latest year. EBITDA rose 73% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹78,718 | ||||
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| Net Profit (PAT) | -₹12,687 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 68.5% | ||||
| Net Profit Margin | -11% | ||||
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To see the full financial statements and ratios of Mereena Creations Private Limited, buy the company report.
Board of directors of Mereena Creations Private Limited
Mereena Creations has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Verghese George Punnacherial | Managing Director | 25 Jun 2006 | 20 Years 4 Months | Current |
| Sally Varghese | Director | 15 Oct 2005 | 21 Years 0 Months | Current |
| Aneena George | Director | 25 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
Mereena Creations Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Branded Wear), 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 |
|---|---|---|---|---|---|---|
| Clifton Trends Private Limited | ₹1.23 Lakh (FY 2024) | -72.0% | Tirupur, Tamil Nadu, India | |||
| Degaba Fashions Private Limited | ₹1.16 Lakh (FY 2024) | Kanpur, Uttar Pradesh, India | ||||
| Mereena Creations Private Limitedthis company | ₹1.15 Lakh (FY 2025) | -₹12,687 | -11% | 15.0% | Bangalore, Karnataka, India | |
| NK Estilo Private Limited | ₹1.07 Lakh (FY 2022) | -67.0% | Thane, Maharashtra, India |
To see the full peer comparison of Mereena Creations Private Limited, buy the company report.
Auditor
Mereena Creations Private Limited is audited by BABUBHAI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BABUBHAI & CO | FY 2018 | 000244N |
Shareholding
The shareholding of Mereena Creations Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mereena Creations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2007 | 10074787 | Punjab National Bank | ₹4.9 Cr | Open | |
| 23 Apr 2007 | 10053127 | Vijaya Bank | ₹4.96 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Mereena Creations Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Krishna Spinning and Weaving Mills Pvt Ltd | Disposed |
To see the full case history of Mereena Creations 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.
Credit ratings & regulatory alerts
Mereena Creations Private Limited was last rated by Brickwork on 11 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 11 Dec 2019 |
To see the full credit ratings and regulatory alerts of Mereena Creations Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mereena Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mereena Creations 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 Mereena Creations Private Limited, buy the company report.
Recent activity
Mereena Creations Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Kuruvilla Joseph Kelachandra ceased to be Director on 16 Oct 2007.
Frequently asked questions
Mereena Creations is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 16 August 2004 (22+ years old) and is registered under CIN U18101KA2004PTC034502.
Mereena Creations has 3 current directors:
- Verghese George Punnacherial - Managing Director
- Sally Varghese - Director
- Aneena George - Director
The latest financial statements of Mereena Creations 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.
No. Mereena Creations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mereena Creations is U18101KA2004PTC034502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mereena Creations has 2 court cases on record: 2 filed against it.
Mereena Creations was incorporated on 16 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mereena Creations by revenue are Clifton Trends Private Limited, Degaba Fashions Private Limited, NK Estilo Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Kuruvilla Joseph Kelachandra ceased to be Director on 16 Oct 2007. Rana George ceased to be Managing Director on 16 Oct 2007. Suja George ceased to be Director on 16 Oct 2007. Mereena Creations has 6 board changes on record in total.
The registered office of Mereena Creations is at 65A Peenya Industrial Shed Iiird Phase Tvs Cross, Bangalore, Karnataka, India – 560058.
Mereena Creations operates in the fashion and textile industry, in the designer and branded fashion segment.