Assetz Whitefield Project Services LLP
About Assetz Whitefield Project Services LLP
Data last updated:
Assetz Whitefield Project Services LLP was a limited liability partnership (LLP) based in Bengaluru, Karnataka, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 August 2012.
The LLP was registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAB-0518. Its GSTIN is 29AAWFA5046Q1ZH (Karnataka).
The LLP had a total obligation of contribution of ₹1 Lakh. It was led by designated partners Sanjay Sudhakar Torgal and Akshay Kishore Dewani.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office was at Assetzhouse30 Crescentroad, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2018, the LLP reported a revenue of ₹48.1 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹5.95 Cr (net margin 12.4%) and EBITDA of ₹49.14 Cr (EBITDA margin 102.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the LLP has satisfied charges of ₹86 Cr on record. Court records list 2 cases involving the LLP, including 2 filed against it. The LLP has 2 deals on record (1 funding round, 1 acquisition); the latest was in April 2015.
Company details
Contact details
Assetz Whitefield Project Services LLP's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressAssetzhouse30 Crescentroad, Bengaluru, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Assetz Whitefield Project Services LLP, 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 Assetz Whitefield Project Services LLP
FY 2024 filings availableAssetz Whitefield Project Services LLP reported revenue of ₹48.1 Cr (up 19% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 18% 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 Solvency | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ₹48.1 Cr | |||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
| Administrative Expenses | ||||
| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | ₹5.95 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 12.4% | |||
| 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 Assetz Whitefield Project Services LLP, buy the company report.
Designated partners of Assetz Whitefield Project Services LLP
Assetz Whitefield Project Services has 2 current designated partners and 8 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Sudhakar Torgal | Designated Partner | 12 Dec 2024 | 1 Years 11 Months | As last reported |
| Akshay Kishore Dewani Also directs: Avenue Venture Partners Investment Advis Er LLP, Assetz Sarjapur Project Services LLP, Asng Solutions Private Limited and 5 more | Designated Partner | 12 Jun 2019 | 7 Years 5 Months | As last reported |
Auditor
Assetz Whitefield Project Services LLP is audited by B S R & ASSOCIATES LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & ASSOCIATES LLP | FY 2018 | 116231W |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2017 | L-100137334 | Aditya Birla Housing Finance Limited | ₹10 Cr | Satisfied | |
| 27 Jan 2016 | L-100015958 | Aditya Birla Finance Limited | ₹35 Cr | Satisfied | |
| 25 Mar 2015 | L-10559682 | Aditya Birla Finance Limited | ₹23 Cr | Satisfied | |
| 16 Jan 2014 | L-10473598 | The Karnataka Bank Limited | ₹18 Cr | Satisfied |
To see the full charge records of Assetz Whitefield Project Services LLP, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Assetz Whitefield Project Services LLP has 2 deals on record (1 funding round, 1 acquisition); the latest was in April 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Acquisition | Undisclosed | Seller: Amplus Capital |
| Dec 2012 | Funding round | Undisclosed | Investors: Amplus Capital |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Assetz Whitefield Project Services LLP has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| High Court of Karnataka | Court case (RP) | Filed against the company | Disposed |
To see the full case history of Assetz Whitefield Project Services LLP, 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 Assetz Whitefield Project Services LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Assetz Whitefield Project Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWFA5046Q1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Assetz Whitefield Project Services LLP, buy the company report.
Recent activity
Assetz Whitefield Project Services LLP has 10 designated partner changes on record since 2012: 2 appointments and 8 cessations. The latest: Sanjay Sudhakar Torgal was appointed as Designated Partner on 12 Dec 2024.
11 earlier events are in the company report.
Frequently asked questions
Assetz Whitefield Project Services has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
Assetz Whitefield Project Services was a limited liability partnership based in Bengaluru, Karnataka, India. The LLP worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 August 2012 and is registered under LLPIN AAB-0518. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of Assetz Whitefield Project Services is AAB-0518. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Assetz Whitefield Project Services had 2 designated partners:
- Sanjay Sudhakar Torgal - Designated Partner
- Akshay Kishore Dewani - Designated Partner
Assetz Whitefield Project Services was incorporated on 06 August 2012. It is registered with the Registrar of Companies, Bangalore.
The registered office of Assetz Whitefield Project Services is at Assetzhouse30 Crescentroad, Bengaluru, Karnataka, India – 560001.
The latest financial statements of Assetz Whitefield Project Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Assetz Whitefield Project Services is 29AAWFA5046Q1ZH, registered in Karnataka.
Assetz Whitefield Project Services operated in the real estate and construction industry, in the real estate builders and developers segment.
Assetz Whitefield Project Services has 2 deals on record (1 funding round, 1 acquisition); the latest was in April 2015.
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