Parshwanath Developments LLP
About Parshwanath Developments LLP
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Parshwanath Developments LLP is a limited liability partnership (LLP) based in Indore, Madhya Pradesh, India. It operates in the real estate advisory and brokerage segment of the real estate and construction sector. It was incorporated on 11 October 2023.
The LLP is registered with the Registrar of Companies (ROC), Gwalior, under LLPIN ACD-3134.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Ashok Maheshwari and Rajeev Kothari.
Its latest statement of accounts is for the year ended 31 March 2026. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2026, the LLP reported a revenue of ₹11 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net profit of ₹2.6 Lakh (net margin 23.6%) and EBITDA of ₹2.6 Lakh (EBITDA margin 23.6%).
Company details
Contact details
Parshwanath Developments LLP's registered office is in Indore, Madhya Pradesh.
- Registered AddressFlat No. 301 Parshva Palace, 12 Mahaveer Nagar, Indore, Madhya Pradesh, India – 452001
- IndustryReal Estate and Construction, Real Estate Services
- 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 Parshwanath Developments LLP
FY 2026 filings availableParshwanath Developments LLP reported revenue of ₹11 Lakh (down 97% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 97% in the latest year. EBITDA rose 705% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | ₹11 Lakh | ||
| Other Income | |||
| Total Income | |||
| Purchases and Direct Costs | |||
| Personnel Expenses | |||
| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | ₹2.6 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 Solvency | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | 23.6% | ||
| 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 Parshwanath Developments LLP, buy the company report.
Designated partners of Parshwanath Developments LLP
Parshwanath Developments has 5 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Maheshwari | Designated Partner | 03 Jun 2025 | 1 Years 5 Months | Current |
| Rajeev Kothari | Designated Partner | 18 Mar 2024 | 2 Years 7 Months | Current |
| Abhishek Ostwal Also directs: Shantinath Scape IT LLP, Vallabh Foods LLP | Designated Partner | 18 Mar 2024 | 2 Years 7 Months | Current |
| Lokesh Kankaria Also directs: Prataap Stone and Rock LLP | Designated Partner | 11 Oct 2023 | 3 Years 1 Months | Current |
| Vardaman Surana Also directs: Artech Armours Private Limited, Surana Auto Movers Private Limited | Designated Partner | 11 Oct 2023 | 3 Years 1 Months | Current |
Legal cases
No court or tribunal cases involving Parshwanath Developments 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 Parshwanath Developments LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Parshwanath Developments LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parshwanath Developments LLP has 6 designated partner changes on record since 2023: 5 appointments and 1 cessation. The latest: Ashok Maheshwari was appointed as Designated Partner on 03 Jun 2025.
Frequently asked questions
Parshwanath Developments is an active limited liability partnership based in Indore, Madhya Pradesh, India. The LLP works in real estate services, within the real estate and construction industry. It was incorporated on 11 October 2023 (3+ years old) and is registered under LLPIN ACD-3134.
Parshwanath Developments has 5 current designated partners:
- Ashok Maheshwari - Designated Partner
- Rajeev Kothari - Designated Partner
- Abhishek Ostwal - Designated Partner
- Lokesh Kankaria - Designated Partner
- Vardaman Surana - Designated Partner
The latest financial statements of Parshwanath Developments on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 March 2026. Year-wise statements from FY 2024 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Parshwanath Developments is ACD-3134. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Parshwanath Developments was incorporated on 11 October 2023, making it 3+ years old. It is registered with the Registrar of Companies, Gwalior.
Ashok Maheshwari was appointed as Designated Partner on 03 Jun 2025. Ajay Kumar Ostwal ceased to be Designated Partner on 15 Apr 2024. Abhishek Ostwal was appointed as Designated Partner on 18 Mar 2024. Parshwanath Developments has 6 designated partner changes on record in total.
The registered office of Parshwanath Developments is at Flat No. 301 Parshva Palace, 12 Mahaveer Nagar, Indore, Madhya Pradesh, India – 452001.
Parshwanath Developments operates in the real estate and construction industry, in the real estate services segment.
Parshwanath Developments can be reached at its registered office: Flat No. 301 Parshva Palace, 12 Mahaveer Nagar, Indore, Madhya Pradesh, India – 452001.
Parshwanath Developments is registered under the jurisdiction of the Registrar of Companies (ROC), Gwalior.
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