- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0010205

Raghaw Creations Private Limited
About Raghaw Creations Private Limited
Data last updated:
Raghaw Creations Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 25 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ2004PTC044173. Its GSTIN is 24AACCR7395G1Z5 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹7.83 Lakh. It is led by directors including Raj Bhagirath Panpaliya and Gopal Omprakash Rathi.
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 405 Shree Ram Market Ringroad, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.65 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Lakh (net margin 0.4%) and EBITDA of ₹29.93 Lakh (EBITDA margin 8.2%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹59.9 Lakh and satisfied charges of ₹75 Lakh on record.
Raghaw Creations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0010205). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Raghaw Creations
Contact details
Raghaw Creations Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address405 Shree Ram Market Ringroad, Surat, Gujarat, India – 395002
- IndustryConsumer Goods, Footwear Retail & Distribution
To see the full contact details of Raghaw 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 Raghaw 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 Raghaw Creations Private Limited, buy the company report.
Financials of Raghaw Creations Private Limited
FY 2025 filings availableRaghaw Creations Private Limited reported revenue of ₹3.65 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 30% fall in the latest year. EBITDA fell 2% 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 |
|---|---|---|---|---|---|
| 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 | ₹29.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.45 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Raghaw Creations Private Limited, buy the company report.
Board of directors of Raghaw Creations Private Limited
Raghaw 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 |
|---|---|---|---|---|
| Raj Bhagirath Panpaliya Also directs: Raghaw Fabtex Private Limited, P4 Tex Fab Private Limited | Director | 29 Apr 2022 | 4 Years 6 Months | Current |
| Gopal Omprakash Rathi Also directs: Raghaw Fabtex Private Limited, P4 Tex Fab Private Limited | Director | 29 Apr 2022 | 4 Years 6 Months | Current |
| Geeta Bhagirath Panpaliya | Director | 25 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Raghaw Creations Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Footwear Retail and Distribution, Textile 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 |
|---|---|---|---|---|---|---|
| Petunia Merchandise Private Limited | ₹3.66 Cr (FY 2025) | 119.0% | Kolkata, West Bengal, India | |||
| Gwar Impex Private Limited | ₹3.65 Cr (FY 2025) | 124.0% | Surat, Gujarat, India | |||
| Peekay International Limited | ₹3.65 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Surbhi Synthetics Private Limited | ₹3.65 Cr (FY 2025) | 460.0% | Surat, Gujarat, India | |||
| Raghaw Creations Private Limitedthis company | ₹3.65 Cr (FY 2025) | ₹1.45 Lakh | 0.4% | -30.0% | Surat, Gujarat, India | |
| Clothes Plek Private Limited | ₹3.64 Cr (FY 2025) | 2447.0% | Faridabad, Haryana, India | |||
| Siddha Tradelinks Private Limited | ₹3.64 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| DNM Exports Private Limited | ₹3.64 Cr (FY 2025) | 232.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Raghaw Creations Private Limited, buy the company report.
Auditor
Raghaw Creations Private Limited is audited by SANJAY MAHESHWARI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY MAHESHWARI & ASSOCIATES | FY 2021 | 113289W |
Shareholding
The shareholding of Raghaw Creations Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Raghaw Creations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2018 | 100232981 | Others | ₹59.9 Lakh | Open | |
| 05 Apr 2011 | 10285681 | Bank of Baroda | ₹75 Lakh | Satisfied |
To see the full charge records of Raghaw Creations Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Raghaw 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 Raghaw Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raghaw Creations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCR7395G1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raghaw Creations Private Limited, buy the company report.
Recent activity
Raghaw Creations Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Ektadevi Jagdishprasad Panpaliya ceased to be Director on 15 Nov 2022.
Frequently asked questions
Raghaw Creations is an active private limited company based in Surat, Gujarat, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 25 May 2004 (22+ years old) and is registered under CIN U17111GJ2004PTC044173.
Raghaw Creations has 3 current directors:
- Raj Bhagirath Panpaliya - Director
- Gopal Omprakash Rathi - Director
- Geeta Bhagirath Panpaliya - Director
The latest financial statements of Raghaw 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.
The GSTIN of Raghaw Creations is 24AACCR7395G1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Raghaw Creations is U17111GJ2004PTC044173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raghaw Creations was incorporated on 25 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Raghaw Creations by revenue are Petunia Merchandise Private Limited, Gwar Impex Private Limited, Peekay International Limited, Surbhi Synthetics Private Limited, Clothes Plek Private Limited and 2 more, all in the Consumer Products industry (Footwear Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Ektadevi Jagdishprasad Panpaliya ceased to be Director on 15 Nov 2022. Gopal Omprakash Rathi was appointed as Director on 29 Apr 2022. Raj Bhagirath Panpaliya was appointed as Director on 29 Apr 2022. Raghaw Creations has 5 board changes on record in total.
Yes, Raghaw Creations is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0010205).
The registered office of Raghaw Creations is at 405 Shree Ram Market Ringroad, Surat, Gujarat, India – 395002.
Raghaw Creations operates in the consumer goods industry, in the footwear retail and distribution segment.

