Saraff Creation Private Limited
About Saraff Creation Private Limited
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Saraff Creation Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 03 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U18109WB2008PTC123438. Its GSTIN is 19AALCS6821R1ZE (West Bengal).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It is led by directors Ashish Saraff (Whole-Time Director) and Deepak Saraff (Whole-Time Director).
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 Lords Building 2nd Floor Suit No 207 7/1 Lord Sinha Road, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2024, the company reported a revenue of ₹374.49 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹27.65 Cr (net margin 7.4%) and EBITDA of ₹37.24 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 12% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressLords Building 2nd Floor Suit No 207 7/1 Lord Sinha Road, Kolkata, West Bengal, India – 700071
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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
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Business Activity of Saraff Creation Private Limited
The main business activity of Saraff Creation is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saraff Creation Private Limited FY 2024 filings available
Saraff Creation Private Limited reported revenue of ₹374.49 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Saraff Creation Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 22% growth in the latest year. EBITDA rose 10% 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 of Saraff Creation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹37.24 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.65 Cr | •••• | •••• | •••• | •••• |
| 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 of Saraff Creation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saraff Creation are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Saraff Creation Private Limited
Saraff Creation Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Charu Chains & Jewels Private Limited | ₹382.64 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Delhi, India |
| Ravi Seamless Pipes India Private Limited | ₹378.88 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Hisar, Haryana, India |
| HRDK Jewel Craft Limited | ₹377.63 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Jodhpur, Rajasthan, India |
| Pahuja Enterprises Private Limited | ₹376.4 Cr (FY 2020) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
| P. C. Chandra Goldlites India Private Limited | ₹374.82 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Kolkata, West Bengal, India |
| Saraff Creation Private Limited this company | ₹374.49 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Kolkata, West Bengal, India |
| Dharneesh Gold Private Limited | ₹373.33 Cr (FY 2018) | •••• | •••• | 133.0% | •••• | Hyderabad, Telangana, India |
| A.M.N. Jewellers Private Limited | ₹372.86 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Itan Jewels Private Limited | ₹371.14 Cr (FY 2020) | •••• | •••• | 46.0% | •••• | Mumbai, Maharashtra, India |
| Jenisha Jewels Arts Private Limited | ₹369.2 Cr (FY 2023) | •••• | •••• | 139.0% | •••• | Mumbai, Maharashtra, India |
| Shubh Ornaments Limited | ₹367.59 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Saraff Creation by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Saraff Creation Private Limited
Saraff Creation Private Limited is audited by SHRWAN SINGHANIA AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHRWAN SINGHANIA AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saraff Creation Private Limited
Saraff Creation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Saraff Also directs: Sindhu Tracom Private Limited, Jagriti Commosales Private Limited, Manpasand Vinimay Private Limited and 1 more | Whole-Time Director | 03 Mar 2008 | 18 Years 7 Months | Current |
| Deepak Saraff Also directs: Blissful Dreams LLP | Whole-Time Director | 03 Mar 2008 | 18 Years 7 Months | Current |
Ownership and Shareholding of Saraff Creation Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saraff Creation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Feb 2017 | Yes Bank Limited | ₹3.5 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Saraff Creation Private Limited
Saraff Creation Private Limited has a workforce of 12 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saraff Creation Private Limited
Saraff Creation Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Ashish Saraff ceased to be Director on 30 Jul 2012.
Credit Ratings, Litigation & Regulatory Alerts for Saraff Creation Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saraff Creation Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saraff Creation Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saraff Creation Private Limited
Saraff Creation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AALCS6821R1ZE | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saraff Creation Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saraff Creation Private Limited
Saraff Creation is an active private limited company based in Kolkata, West Bengal, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 03 March 2008 (18+ years old) and is registered under CIN U18109WB2008PTC123438.
Saraff Creation reported revenue of ₹374.49 Cr for FY 2024 (up 22% YoY).
Saraff Creation has 2 current directors:
- Ashish Saraff - Whole-Time Director
- Deepak Saraff - Whole-Time Director
Saraff Creation reported a net profit of ₹27.65 Cr (net margin 7.4%) and EBITDA of ₹37.24 Cr (EBITDA margin 9.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saraff Creation is 28% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saraff Creation is 19AALCS6821R1ZE, registered in West Bengal.
The CIN (Corporate Identification Number) of Saraff Creation is U18109WB2008PTC123438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saraff Creation was incorporated on 03 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Saraff Creation by revenue are Charu Chains & Jewels Private Limited, Ravi Seamless Pipes India Private Limited, HRDK Jewel Craft Limited, Pahuja Enterprises Private Limited, P. C. Chandra Goldlites India Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Ashish Saraff ceased to be Director on 30 Jul 2012. Deepak Saraff ceased to be Director on 30 Jul 2012. Ashish Saraff was appointed as Whole-Time Director on 03 Mar 2008. Saraff Creation has 4 board changes on record in total.
The registered office of Saraff Creation is at Lords Building 2nd Floor Suit No 207 71 Lord Sinha Road, Kolkata, West Bengal, India – 700071.