Nirali Creations Private Limited
About Nirali Creations Private Limited
Data last updated:
Nirali Creations Private Limited was a private limited company based in Surat, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 19 August 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36941GJ2014PTC080519. Its GSTIN is 24AAECN7177N1ZW (Gujarat). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Achal Anuj Mehta and Arnav Akshay Mehta.
Its last annual general meeting (AGM) was held on 18 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Surat, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹15.04 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹1.75 Cr (net margin -11.6%) and EBITDA of -₹1.66 Cr (EBITDA margin -11%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 33% over five years.
Company details
Contact details
Nirali Creations Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressThe Office No. 7 – C – 1 7th Floor F.P. No. 37 (Paiky Sub Plot 2A2Bfp No.65/B/2) Umiya Chowk, A.K. Road, Surat, Gujarat, India – 395006
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Nirali 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 Nirali Creations Private Limited
FY 2024 filings availableNirali Creations Private Limited reported revenue of ₹15.04 Cr (down 56% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 56% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹15.04 Cr | ||||
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| EBITDA | -₹1.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.75 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -11% | ||||
| Net Profit Margin | -11.6% | ||||
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To see the full financial statements and ratios of Nirali Creations Private Limited, buy the company report.
Board of directors of Nirali Creations Private Limited
Nirali Creations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Achal Anuj Mehta Also directs: Vedarya Township LLP, Blue Star Diamonds Private Limited, Auro Manufacturing Private Limited and 1 more | Director | 08 Feb 2016 | 10 Years 8 Months | As last reported |
| Arnav Akshay Mehta Also directs: Vedarya Township LLP, Nirali Creations LLP, Future Diamond Tech Private Limited and 5 more | Director | 19 Aug 2014 | 12 Years 2 Months | As last reported |
Auditor
Nirali Creations Private Limited is audited by J J SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J J SHAH & CO | FY 2020 | 117886W |
Shareholding
The shareholding of Nirali Creations Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nirali Creations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nirali 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 Nirali Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirali Creations has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECN7177N1ZW | Gujarat | Active | 01 Jul 2017 |
| 27AAECN7177N1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirali Creations Private Limited, buy the company report.
Recent activity
Nirali Creations Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Ashit Vasantlal Mehta ceased to be Director on 10 Feb 2018.
Frequently asked questions
Nirali Creations has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Nirali Creations was a private limited company based in Surat, Gujarat, India. The company worked in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 19 August 2014 and is registered under CIN U36941GJ2014PTC080519. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Nirali Creations is U36941GJ2014PTC080519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirali Creations had 2 directors:
- Achal Anuj Mehta - Director
- Arnav Akshay Mehta - Director
Nirali Creations was incorporated on 19 August 2014. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Nirali Creations is at The Office No. 7 – C – 1 7th Floor F.P. No. 37 Paiky Sub Plot 2A2Bfp No.65B2 Umiya Chowk, A.K. Road, Surat, Gujarat, India – 395006.
The latest financial statements of Nirali Creations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 18 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nirali Creations is 24AAECN7177N1ZW, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECN7177N1ZQ (Maharashtra).
Nirali Creations operated in the consumer goods industry, in the watches and jewelry manufacturing segment.
Ashit Vasantlal Mehta ceased to be Director on 10 Feb 2018. Nirali Chandresh Gandhi ceased to be Director on 19 Jan 2018. Achal Anuj Mehta ceased to be Additional Director on 30 Sep 2016. Nirali Creations has 5 board changes on record in total.