Richa Creation India Private Limited
About Richa Creation India Private Limited
Data last updated:
Richa Creation India Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 June 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH2008PTC183138. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.99 Cr. It was formerly known as Cinnic Fashions India Private Limited. It was led by directors Neepa Harshad Mehta and Harshad Shantilal Mehta.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 20 Ashish Industrial Estate Gokhale Road South Dadar (West), Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2015, the company reported a revenue of ₹67.18 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹92.2 Lakh (net margin 1.4%) and EBITDA of ₹3.01 Cr (EBITDA margin 4.5%).
As per MCA filings, the company had open charges of ₹22.5 Cr on record. Court records list 55 cases involving the company, including 55 filed against it; 10 cases are pending.
Company details
Contact details
Richa Creation India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address20 Ashish Industrial Estate Gokhale Road South Dadar (West), Mumbai, Maharashtra, India – 400025
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Richa Creation India 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 Richa Creation India Private Limited
FY 2015 filings availableRicha Creation India Private Limited reported revenue of ₹67.18 Cr (up 29% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year. EBITDA rose 135% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹67.18 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹3.01 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹92.2 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.5% |
| Net Profit Margin | 1.4% |
| 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 Richa Creation India Private Limited, buy the company report.
Board of directors of Richa Creation India Private Limited
Richa Creation India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neepa Harshad Mehta | Director | 04 Jun 2008 | 18 Years 4 Months | As last reported |
| Harshad Shantilal Mehta | Director | 04 Jun 2008 | 18 Years 4 Months | As last reported |
Auditor
Richa Creation India Private Limited is audited by A D C A & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D C A & ASSOCIATES | FY 2015 | 132340W |
Shareholding
The shareholding of Richa Creation India Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Richa Creation India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2016 | 100036793 | Others | ₹50 Lakh | Open | |
| 07 May 2015 | 10572361 | Bank of Baroda | ₹2 Cr | Open | |
| 13 Oct 2014 | 10529386 | Bank of Baroda | ₹20 Cr | Open |
Total charge records: 3 View all charges
Legal cases
Richa Creation India Private Limited has 55 court cases on record: 55 filed against it. 10 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 47 | 9 |
| High courts | 7 | 7 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (N) | Filed against the company by Tata Capital Housing Finance Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Tata Capital Housing Finance Ltd | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Tata Capital Housing Finance Ltd | Disposed |
To see the full case history of Richa Creation India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Richa Creation India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Richa Creation India has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Richa Creation India Private Limited, buy the company report.
Recent activity
Richa Creation India Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Harshad Shantilal Mehta was appointed as Director on 04 Jun 2008.
Frequently asked questions
Richa Creation India has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Richa Creation India was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 04 June 2008 and is registered under CIN U74994MH2008PTC183138. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Richa Creation India was incorporated on 04 June 2008. It is registered with the Registrar of Companies, Mumbai.
Richa Creation India had 2 directors:
- Neepa Harshad Mehta - Director
- Harshad Shantilal Mehta - Director
The CIN (Corporate Identification Number) of Richa Creation India is U74994MH2008PTC183138. 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 Richa Creation India is at 20 Ashish Industrial Estate Gokhale Road South Dadar West, Mumbai, Maharashtra, India – 400025.
The latest financial statements of Richa Creation India on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Richa Creation India has 3 GST registrations on record and all of them are cancelled or inactive.
Richa Creation India operated in the manufacturing industry, in the textile and fabric production segment.
Richa Creation India has 55 court cases on record: 55 filed against it. 10 are pending. Most are in the district courts.