Virangi Creation Private Limited
About Virangi Creation Private Limited
Data last updated:
Virangi Creation Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17290GJ2020PTC114823. Its GSTIN is 24AAHCV4822B1ZO (Gujarat).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.5 Cr. It is led by directors Maheshkumar Kashiram Patel and Rekhaben Maheshkumar Patel.
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 Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.35 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹12.21 Lakh (net margin 0.4%) and EBITDA of ₹6.44 Cr (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 451% over three years.
As per MCA filings, the company has open charges of ₹56.33 Cr and satisfied charges of ₹47.5 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹5.5 Cr; the latest was in March 2022. Its 4 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 3 smaller; the largest is Preksha Textiles Pvt Ltd with revenue of ₹30.37 Cr.
Company details
Contact details
Virangi Creation Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA/3/2 Hojiwala Est., Sachin Palsana Road, Surat, Gujarat, India – 394230
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Virangi Creation 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 Virangi Creation is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Virangi Creation Private Limited, buy the company report.
Financials of Virangi Creation Private Limited
FY 2025 filings availableVirangi Creation Private Limited reported revenue of ₹30.35 Cr (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 451% over three years, including 51% growth in the latest year. EBITDA rose 34% 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 |
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| EBITDA | ₹6.44 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹12.21 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 21.2% | |||
| Net Profit Margin | 0.4% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Virangi Creation Private Limited, buy the company report.
Board of directors of Virangi Creation Private Limited
Virangi Creation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maheshkumar Kashiram Patel Also directs: Virangi Weaves Private Limited, Vasanta Ventures Private Limited | Director | 20 Jul 2020 | 6 Years 3 Months | Current |
| Rekhaben Maheshkumar Patel Also directs: Virangi Weaves Private Limited, Vasanta Ventures Private Limited | Director | 20 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Virangi Creation Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Preksha Textiles Pvt Ltd | ₹30.37 Cr (FY 2025) | -30.0% | Ahmedabad, Gujarat, India | |||
| Virangi Creation Private Limitedthis company | ₹30.35 Cr (FY 2024) | ₹12.21 Lakh | 0.4% | 51.0% | Surat, Gujarat, India | |
| Yoyogo Textile Industry Private Limited | ₹30.35 Cr (FY 2022) | -43.0% | Sitarganj, Uttarakhand, India | |||
| Sri Dharma Spinners Private Limited | ₹30.34 Cr (FY 2025) | 5.0% | Rajapalayam, Tamil Nadu, India | |||
| Selvakumar Spinners Private Limited | ₹30.31 Cr (FY 2021) | -19.0% | Vellakoil, Tamil Nadu, India |
To see the full peer comparison of Virangi Creation Private Limited, buy the company report.
Auditor
Virangi Creation Private Limited is audited by SHALINI & SANDIP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHALINI & SANDIP | FY 2022 | 133291W |
Shareholding
The shareholding of Virangi Creation Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Virangi Creation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2025 | 101152365 | Hdfc Bank Limited | ₹55.8 Cr | Open | |
| 13 Oct 2022 | 100618677 | The South Indian Bank Limited | ₹14 Lakh | Open | |
| 26 Sep 2022 | 100618683 | The South Indian Bank Limited | ₹3.4 Lakh | Open | |
| 04 Aug 2022 | 100601902 | The South Indian Bank Limited | ₹8.5 Lakh | Open | |
| 18 Feb 2021 | 100447032 | The South Indian Bank Limited | ₹5.96 Lakh | Open |
To see the full charge records of Virangi Creation Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Virangi Creation Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5.5 Cr; the latest was in March 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹5.5 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Virangi Creation Private Limited has 3 court cases on record: 1 filed by Virangi Creation, 2 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Dakshin Gujarat Vij Co. Ltd. | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by M/S Karmeshwar Exim Pvt. Ltd. and 4 others | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Virangi Creation 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 Virangi Creation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Virangi Creation Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Virangi Creation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCV4822B1ZO | Gujarat | Active | 14 Aug 2020 |
To see the full GST registrations and return filing status of Virangi Creation Private Limited, buy the company report.
Recent activity
Virangi Creation Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Maheshkumar Kashiram Patel was appointed as Director on 20 Jul 2020.
12 earlier events are in the company report.
Frequently asked questions
Virangi Creation is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 July 2020 (6+ years old) and is registered under CIN U17290GJ2020PTC114823.
Virangi Creation has 2 current directors:
- Maheshkumar Kashiram Patel - Director
- Rekhaben Maheshkumar Patel - Director
The latest financial statements of Virangi Creation 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 FY 2021 are in the company report.
The GSTIN of Virangi Creation is 24AAHCV4822B1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Virangi Creation is U17290GJ2020PTC114823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virangi Creation has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Virangi Creation was incorporated on 20 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Virangi Creation has 1 deal on record (1 funding round), with disclosed funding of ₹5.5 Cr; the latest was in March 2022.
The peers of Virangi Creation by revenue are Preksha Textiles Pvt Ltd, Yoyogo Textile Industry Private Limited, Sri Dharma Spinners Private Limited, Selvakumar Spinners Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Maheshkumar Kashiram Patel was appointed as Director on 20 Jul 2020. Rekhaben Maheshkumar Patel was appointed as Director on 20 Jul 2020.
The registered office of Virangi Creation is at A32 Hojiwala Est., Sachin Palsana Road, Surat, Gujarat, India – 394230.