
Model Associates LLP
About Model Associates LLP
Data last updated:
Model Associates LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 January 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAO-0394. The LLP has 1 GST registration on record, which is no longer active.
The LLP has a total obligation of contribution of βΉ1.5 Lakh. It is led by designated partners including Kalpesh Kanubhai Shah and Kavish Suketu Shah.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at B/101 1st Floor Eastern Court Tejpal Road Vile Parle (East), Mumbai, Maharashtra, India β 400057.
Company details
Contact details
Model Associates LLP's registered office is in Mumbai, Maharashtra.
- Registered AddressB/101 1st Floor Eastern Court Tejpal Road Vile Parle (East), Mumbai, Maharashtra, India β 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Model Associates LLP
FY 2025 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | |||||
| 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 Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | |||||
| 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 Model Associates LLP, buy the company report.
Designated partners of Model Associates LLP
Model Associates has 5 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Kanubhai Shah | Designated Partner | 25 Jul 2019 | 7 Years 3 Months | Current |
| Kavish Suketu Shah | Designated Partner | 15 Jan 2019 | 7 Years 9 Months | Current |
| Ishan Rahul Shah Also directs: Sadguru Avenues LLP, Zee Developers Private Limited, Sadguru Builders Private Limited and 1 more | Designated Partner | 15 Jan 2019 | 7 Years 9 Months | Current |
| Akshay Kalpesh Shah | Designated Partner | 15 Jan 2019 | 7 Years 9 Months | Current |
| Zain Nanalal Palan Also directs: Sadguru Construction BRS LLP, Sadguru & Baba Development LLP, Sadguru Baba Developers LLP and 4 more | Designated Partner | 25 Jul 2019 | 7 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Model Associates LLP 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
No delayed payments to MSME suppliers are on our record for Model Associates LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Model Associates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Model Associates LLP, buy the company report.
Recent activity
Model Associates LLP has 5 designated partner changes on record since 2019: 5 appointments. The latest: Kalpesh Kanubhai Shah was appointed as Designated Partner on 25 Jul 2019.
Frequently asked questions
Model Associates is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 January 2019 (7+ years old) and is registered under LLPIN AAO-0394.
Model Associates has 5 current designated partners:
- Kalpesh Kanubhai Shah - Designated Partner
- Kavish Suketu Shah - Designated Partner
- Ishan Rahul Shah - Designated Partner
- Akshay Kalpesh Shah - Designated Partner
- Zain Nanalal Palan - Designated Partner
The latest financial statements of Model Associates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
No. Model Associates has 1 GST registration on record and it is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Model Associates is AAO-0394. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Model Associates was incorporated on 15 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Kalpesh Kanubhai Shah was appointed as Designated Partner on 25 Jul 2019. Zain Nanalal Palan was appointed as Designated Partner on 25 Jul 2019. Akshay Kalpesh Shah was appointed as Designated Partner on 15 Jan 2019. Model Associates has 5 designated partner changes on record in total.
The registered office of Model Associates is at B101 1st Floor Eastern Court Tejpal Road Vile Parle East, Mumbai, Maharashtra, India β 400057.
Model Associates operates in the real estate and construction industry, in the real estate builders and developers segment.
Model Associates can be reached at its registered office: B101 1st Floor Eastern Court Tejpal Road Vile Parle East, Mumbai, Maharashtra, India β 400057.

