Abhinandan Solitares LLP - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAC-4383 Incorporated 08 July 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership consumer goods
Data last updated
Revenue · FY 2023
₹13.14 Cr
▼ 42% YoY
Net profit · FY 2023
₹6.25 Lakh
Net margin 0.5%
EBITDA · FY 2023
-₹22.7 Lakh
EBITDA margin -1.7%
Contribution obligation
₹5 Lakh
As per LLP agreement
LLP age
12 yrs
Est. 2014
Designated partners
2
As per MCA filings
Active GSTINs
2
GST registered
Last financials
Mar 2023
Balance sheet date

About Abhinandan Solitares LLP

Data last updated:

Abhinandan Solitares LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 08 July 2014 and has been in existence for over 12 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAC-4383. Its GSTIN is 24ABAFA2768E1ZT (Gujarat). The LLP holds 2 GST registrations, all of them active.

The LLP has a total obligation of contribution of ₹5 Lakh. It is led by designated partners Mahendra Babulal Mehta and Nimesh Mahendra Mehta.

Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹13.14 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹6.25 Lakh (net margin 0.5%) and EBITDA of -₹22.7 Lakh (EBITDA margin -1.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 12% over five years.

Company details

LLPIN AAC-4383
Incorporation Date 08 July 2014
Total Obligation of Contribution ₹5 Lakh
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2023
Date of Balance Sheet 31 March 2023

Contact details

Abhinandan Solitares LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Dc3010 Bharat Diamond Bourse G – Block Bandra – Kurla Complex Bandra, (East), Mumbai, Maharashtra, India – 400051
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing

To see the full contact details of Abhinandan Solitares LLP, buy the company report.

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  • Historical financials and ratios
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  • Legal cases, compliance and MCA filings
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Financials of Abhinandan Solitares LLP

FY 2023 filings available

Abhinandan Solitares LLP reported revenue of ₹13.14 Cr (down 42% YoY) for FY 2023.

Revenue · FY 2023
₹13.14 Cr ▼ 42%
Net profit · FY 2023
₹6.25 Lakh margin 0.5%
EBITDA · FY 2023
-₹22.7 Lakh margin -1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 2%
5 years · compounded
▼ 12%

Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 42% fall 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹6.25 Lakh
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin0.5%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Abhinandan Solitares LLP, buy the company report.

Designated partners of Abhinandan Solitares LLP

Abhinandan Solitares has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Mahendra Babulal MehtaDesignated Partner08 Jul 201412 Years 3 MonthsCurrent
Nimesh Mahendra MehtaDesignated Partner08 Jul 201412 Years 3 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Abhinandan Solitares LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Abhinandan Solitares has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24ABAFA2768E1ZTGujaratActive01 Jul 2017
27ABAFA2768E1ZNMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Abhinandan Solitares LLP, buy the company report.

Recent activity

Abhinandan Solitares LLP has 2 designated partner changes on record since 2014: 2 appointments. The latest: Mahendra Babulal Mehta was appointed as Designated Partner on 08 Jul 2014.

AGM
Abhinandan Solitares Llp last Annual general meeting of members was held on 31 Mar 2023 as per latest MCA records.
Filing
Abhinandan Solitares Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Appointed
Mahendra Babulal Mehta was appointed as Designated Partner.
Appointed
Nimesh Mahendra Mehta was appointed as Designated Partner.
Incorporation
08 Jul 2014
Abhinandan Solitares Llp was registered on 08 Jul 2014 with Roc Mumbai & aged 12 years 3 months as per MCA records.

Frequently asked questions

Abhinandan Solitares is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 08 July 2014 (12+ years old) and is registered under LLPIN AAC-4383.

Abhinandan Solitares has 2 current designated partners:

The latest financial statements of Abhinandan Solitares on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Abhinandan Solitares is 24ABAFA2768E1ZT, registered in Gujarat. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27ABAFA2768E1ZN (Maharashtra).

The LLPIN (Limited Liability Partnership Identification Number) of Abhinandan Solitares is AAC-4383. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Abhinandan Solitares was incorporated on 08 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

Mahendra Babulal Mehta was appointed as Designated Partner on 08 Jul 2014. Nimesh Mahendra Mehta was appointed as Designated Partner on 08 Jul 2014.

The registered office of Abhinandan Solitares is at Dc3010 Bharat Diamond Bourse G – Block Bandra – Kurla Complex Bandra, East, Mumbai, Maharashtra, India – 400051.

Abhinandan Solitares operates in the consumer goods industry, in the watches and jewelry manufacturing segment.

Abhinandan Solitares can be reached at its registered office: Dc3010 Bharat Diamond Bourse G – Block Bandra – Kurla Complex Bandra, East, Mumbai, Maharashtra, India – 400051.