First Choice Realty LLP
About First Choice Realty LLP
Data last updated:
First Choice Realty LLP is a limited liability partnership (LLP) based in Chennai, Tamil Nadu, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 29 March 2010 and has been in existence for over 16 years.
The LLP is registered with the Registrar of Companies (ROC), Chennai, under LLPIN AAA-1033. Its GSTIN is 33AAYFM3948D1ZY (Tamil Nadu).
The LLP has a total obligation of contribution of ₹2 Lakh. It is led by designated partners including Mona Vashi Sadarangani and Mahalingam Balasubramaniam.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Spencer Plaza 769 Annasalai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹8.1 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 12.7%) and EBITDA of ₹1.64 Cr (EBITDA margin 20.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 23% over five years.
As per MCA filings, the LLP has open charges of ₹33.5 Cr and satisfied charges of ₹21.51 Cr on record. Court records list 3 cases involving the LLP, including 3 filed by the LLP; 2 cases are pending.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSpencer Plaza 769 Annasalai, Chennai, Tamil Nadu, India – 600002
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Designated Partners of First Choice Realty LLP
First Choice Realty has 3 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mona Vashi Sadarangani | Designated Partner | 20 May 2016 | 10 Years 4 Months | Current |
| Mahalingam Balasubramaniam | Designated Partner | 31 Mar 2022 | 4 Years 6 Months | Current |
| Balasubramaniam Ashwin Also directs: Samrakshana Property Services Private Limited | Designated Partner | 31 Mar 2022 | 4 Years 6 Months | Current |
Financials of First Choice Realty LLP FY 2025 filings available
First Choice Realty LLP reported revenue of ₹8.1 Cr (up 166% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of First Choice Realty LLP
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 166% growth in the latest year. EBITDA rose 162% 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 of First Choice Realty LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 | ₹1.03 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 of First Choice Realty LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 12.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of First Choice Realty are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of First Choice Realty LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of First Choice Realty LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 May 2024 | Axis Bank Limited | ₹4 Cr | Open |
| 07 Mar 2024 | Punjab National Bank | ₹14.45 Cr | Open |
| 09 Dec 2022 | Yes Bank Limited | ₹10.8 Cr | Open |
| 13 May 2022 | Punjab National Bank | ₹1.28 Cr | Open |
| 22 Dec 2021 | Punjab National Bank | ₹2.53 Cr | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at First Choice Realty LLP
Employment history and EPFO contributions of people linked to First Choice Realty.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of First Choice Realty LLP
First Choice Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAYFM3948D1ZY | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of First Choice Realty LLP
First Choice Realty LLP has 3 court cases on record: 3 filed by First Choice Realty. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Commissioner | Pending |
| Madras High Court | Writ petition | Filed by the company against Commissioner | Pending |
| Madras High Court | Appeal | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for First Choice Realty LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by First Choice Realty LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of First Choice Realty LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of First Choice Realty LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on First Choice Realty LLP
Frequently Asked Questions about First Choice Realty LLP
First Choice Realty is an active limited liability partnership based in Chennai, Tamil Nadu, India. The LLP works in real estate financing, within the financial services industry. It was incorporated on 29 March 2010 (16+ years old) and is registered under LLPIN AAA-1033.
First Choice Realty reported revenue of ₹8.1 Cr for FY 2023 (up 166% YoY).
First Choice Realty has 3 current designated partners:
- Mona Vashi Sadarangani - Designated Partner
- Mahalingam Balasubramaniam - Designated Partner
- Balasubramaniam Ashwin - Designated Partner
First Choice Realty reported a net profit of ₹1.03 Cr (net margin 12.7%) and EBITDA of ₹1.64 Cr (EBITDA margin 20.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of First Choice Realty is 29% over three years and 23% over five years. In the latest year (FY 2023) revenue rose 166%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of First Choice Realty is 33AAYFM3948D1ZY, registered in Tamil Nadu.
The LLPIN (Limited Liability Partnership Identification Number) of First Choice Realty is AAA-1033. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
First Choice Realty has 3 court cases on record: 3 filed by the LLP. 2 are pending.
First Choice Realty was incorporated on 29 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.