Prime Group Limited Liability Partnership
About Prime Group Limited Liability Partnership
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Prime Group Limited Liability Partnership is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the builders and developers segment of the real estate and construction sector. It was incorporated on 19 August 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAE-5965. Its GSTIN is 27AARFP7566M1Z6 (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Nitin Vasudev Bhandarkar and Kalpesh Vasudev Bhandarkar.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹85.64 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹23.96 Lakh (net margin 28%) and EBITDA of ₹85.5 Lakh (EBITDA margin 99.8%).
Court records list 5 cases involving the LLP, including 2 filed by the LLP and 3 filed against it; 3 cases are pending.
Company details
Contact details
Prime Group Limited Liability Partnership's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address201 – Vini Elegance 2nd Level Above Tanishq Gold Jwellery L.T.Road Bor, Ivali – West, Mumbai, Maharashtra, India – 400092
- IndustryReal Estate and Construction, Builders and Developers
To see the full contact details of Prime Group Limited Liability Partnership, 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
Financials of Prime Group Limited Liability Partnership
FY 2025 filings availablePrime Group Limited Liability Partnership reported revenue of ₹85.64 Lakh (up 6835% YoY) for FY 2021.
Financial Statement Summary
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹85.64 Lakh | ||||
| Purchases and Direct Costs | |||||
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| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹23.96 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 28% | ||||
| Return on Partners' Funds | |||||
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| Liquidity and Debt | |||||
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| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
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To see the full financial statements and ratios of Prime Group Limited Liability Partnership, buy the company report.
Designated partners of Prime Group Limited Liability Partnership
Prime Group has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Vasudev Bhandarkar | Designated Partner | 19 Aug 2015 | 11 Years 2 Months | Current |
| Kalpesh Vasudev Bhandarkar | Designated Partner | 19 Aug 2015 | 11 Years 2 Months | Current |
Legal cases
Prime Group Limited Liability Partnership has 5 court cases on record: 2 filed by Prime Group, 3 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 2 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| Bombay High Court | Court case (S) | Filed by the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Borivali Rajmani Co-Operative Housing Society Limited and 2 Ors. | Disposed |
To see the full case history of Prime Group Limited Liability Partnership, 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 Prime Group Limited Liability Partnership; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prime Group has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARFP7566M1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prime Group Limited Liability Partnership, buy the company report.
Recent activity
Prime Group Limited Liability Partnership has 2 designated partner changes on record since 2015: 2 appointments. The latest: Kalpesh Vasudev Bhandarkar was appointed as Designated Partner on 19 Aug 2015.
Frequently asked questions
Prime Group is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in builders and developers, within the real estate and construction industry. It was incorporated on 19 August 2015 (11+ years old) and is registered under LLPIN AAE-5965.
Prime Group has 2 current designated partners:
- Nitin Vasudev Bhandarkar - Designated Partner
- Kalpesh Vasudev Bhandarkar - Designated Partner
The latest financial statements of Prime Group 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 2016 are in the company report.
The GSTIN of Prime Group is 27AARFP7566M1Z6, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Prime Group is AAE-5965. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Prime Group has 5 court cases on record: 2 filed by the LLP and 3 filed against it. 3 are pending. Most are in the high courts.
Prime Group was incorporated on 19 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Kalpesh Vasudev Bhandarkar was appointed as Designated Partner on 19 Aug 2015. Nitin Vasudev Bhandarkar was appointed as Designated Partner on 19 Aug 2015.
The registered office of Prime Group is at 201 – Vini Elegance 2nd Level Above Tanishq Gold Jwellery L.T.Road Bor, Ivali – West, Mumbai, Maharashtra, India – 400092.
Prime Group operates in the real estate and construction industry, in the builders and developers segment.