Rathi Creations Private Limited
About Rathi Creations Private Limited
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Rathi Creations Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 25 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U15543WB1999PTC090130. Its GSTIN is 24AAHCS1133N1ZC (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.99 Lakh. It was formerly known as Salasar Pioneer Millennium Aqua Private Limited. It is led by directors including Rajeshkumar Mahalchand Rathi (Managing Director) and Rakeshkumar Mahalchand Rathi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at P – 4A Kalakar Street 3rd Floor, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.91 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹9.46 Lakh (net margin 0.9%) and EBITDA of ₹72.52 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹1.63 Cr and satisfied charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rathi Creations Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – 4A Kalakar Street 3rd Floor, Kolkata, West Bengal, India – 700007
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Rathi 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 Rathi 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 Rathi Creations Private Limited, buy the company report.
Financials of Rathi Creations Private Limited
FY 2024 filings availableRathi Creations Private Limited reported revenue of ₹10.91 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 24% growth in the latest year. EBITDA rose 19% 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 | ₹72.52 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹9.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Rathi Creations Private Limited, buy the company report.
Board of directors of Rathi Creations Private Limited
Rathi Creations has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakeshkumar Mahalchand Rathi Also directs: Rathi Texfab Private Limited, Rathi Fashions Private Limited | Director | 02 Apr 2005 | 21 Years 6 Months | Current |
| Rajeshkumar Mahalchand Rathi | Managing Director | 02 Apr 2005 | 21 Years 6 Months | Current |
| Gajanand Bherudan Rathi Also directs: Rathi Spectrum LLP, Rathi Texfab Private Limited, Rathi Fashions Private Limited and 1 more | Director | 02 Apr 2005 | 21 Years 6 Months | Current |
| Shaline Rakeshkumar Rathi | Director | 13 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Rathi Creations Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (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 |
|---|---|---|---|---|---|---|
| Fash Home International Private Limited | ₹10.98 Cr (FY 2025) | 151.0% | Panipat, Haryana, India | |||
| Bhautik Textile Private Limited | ₹10.97 Cr (FY 2022) | -15.0% | Surat, Gujarat, India | |||
| Gveena Packaging Private Limited | ₹10.96 Cr (FY 2024) | 21.0% | Nagpur, Maharashtra, India | |||
| MP Sons Trading Private Limited | ₹10.94 Cr (FY 2025) | -30.0% | Kolkata, West Bengal, India | |||
| Ahinsa Fashions Private Limited | ₹10.93 Cr (FY 2025) | 5881.0% | Sachin, Gujarat, India | |||
| Rathi Creations Private Limitedthis company | ₹10.91 Cr (FY 2024) | ₹9.46 Lakh | 0.9% | 24.0% | Kolkata, West Bengal, India | |
| Aden Marketing Private Limited | ₹10.91 Cr (FY 2017) | 627.0% | New Delhi, Delhi, India |
To see the full peer comparison of Rathi Creations Private Limited, buy the company report.
Auditor
Rathi Creations Private Limited is audited by RKM&Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RKM&Co. | FY 2023 | 108553W |
Shareholding
The shareholding of Rathi Creations Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Rathi Creations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2021 | 100516351 | Others | ₹27 Lakh | Open | |
| 09 Aug 2021 | 100486375 | Others | ₹1.36 Cr | Open | |
| 20 Sep 2007 | 10074249 | The Karur Vysya Bank Ltd | ₹50 Lakh | Satisfied | |
| 20 Sep 2007 | 10074374 | The Karur Vysya Bank Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Rathi Creations Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Rathi 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
Rathi Creations Private Limited has 6 MSME Form 1 returns on record between 2020 and 2023, listing 235 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shri Ramanuj Fashion | |||
| R R Digital | |||
| Hdy Fashion Fab | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Rathi Creations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Rathi Creations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS1133N1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rathi Creations Private Limited, buy the company report.
Recent activity
Rathi Creations Private Limited has 5 board changes on record since 2005: 4 appointments and 1 cessation. The latest: Shaline Rakeshkumar Rathi was appointed as Director on 13 Mar 2015.
2 earlier events are in the company report.
Frequently asked questions
Rathi Creations is an active private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 25 August 1999 (27+ years old) and is registered under CIN U15543WB1999PTC090130.
Rathi Creations has 4 current directors:
- Rajeshkumar Mahalchand Rathi - Managing Director
- Rakeshkumar Mahalchand Rathi - Director
- Gajanand Bherudan Rathi - Director
- Shaline Rakeshkumar Rathi - Director
The latest financial statements of Rathi Creations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rathi Creations is 24AAHCS1133N1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Rathi Creations is U15543WB1999PTC090130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rathi Creations was incorporated on 25 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Rathi Creations by revenue are Fash Home International Private Limited, Bhautik Textile Private Limited, Gveena Packaging Private Limited, MP Sons Trading Private Limited, Ahinsa Fashions Private Limited and 1 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Shaline Rakeshkumar Rathi was appointed as Director on 13 Mar 2015. Rajeshkumar Mahalchand Rathi ceased to be Director on 28 Feb 2013. Gajanand Bherudan Rathi was appointed as Director on 02 Apr 2005. Rathi Creations has 5 board changes on record in total.
Rathi Creations has 6 MSME Form 1 returns on record between 2020 and 2023, listing 235 overdue payments to 22 micro and small suppliers. The latest return was filed on 29 Aug 2023.
The registered office of Rathi Creations is at P – 4A Kalakar Street 3rd Floor, Kolkata, West Bengal, India – 700007.
Rathi Creations operates in the home and lifestyle industry, in the textile retail and distribution segment.
Rathi Creations has open charges of ₹1.63 Cr and satisfied charges of ₹1 Cr as per latest MCA filings.