Firstwave Developers LLP - real estate and construction in Mumbai, Maharashtra, India. Directors, charges & compliance details.
LLPIN AAF-4478 Incorporated 07 January 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership real estate and construction
Data last updated
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹34.83 Cr
Satisfied ₹285 Cr
LLP age
10 yrs
Est. 2016
Designated partners
2
As per MCA filings
Active GSTINs
2
of 3 registered
Last financials
Mar 2025
Balance sheet date
LLP status
Active
MCA master data
Registrar
Mumbai
ROC office

About Firstwave Developers LLP

Data last updated:

Firstwave Developers 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 07 January 2016 and has been in existence for over 10 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAF-4478. Its GSTIN is 10AAEFF4816D1Z4 (Bihar). The LLP holds 3 GST registrations, of which 2 are active.

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Jayesh Arvind Shah and Priyadarshi Jugalkishor Mehta.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per MCA filings, the LLP has open charges of ₹34.83 Cr and satisfied charges of ₹285 Cr on record. Court records list 14 cases involving the LLP, including 3 filed by the LLP and 11 filed against it; 9 cases are pending.

Company details

LLPIN AAF-4478
Incorporation Date 07 January 2016
Total Obligation of Contribution ₹1 Lakh
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025

Contact details

Firstwave Developers LLP's registered office is in Mumbai, Maharashtra.

  • Registered Address
    340 3rd Floor Plot No 68 Manik Bhuvan D V Pradhan Road Hindu Colony Dadar (E, Ast), Mumbai, Maharashtra, India – 400014
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Firstwave Developers LLP - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Firstwave Developers LLP

FY 2025 filings available

Financial Statement Summary

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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 SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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 Firstwave Developers LLP, buy the company report.

Designated partners of Firstwave Developers LLP

Firstwave Developers has 2 current designated partners and 8 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Jayesh Arvind ShahDesignated Partner11 Jul 20188 Years 3 MonthsCurrent
Priyadarshi Jugalkishor MehtaDesignated Partner11 Jul 20188 Years 3 MonthsCurrent

Charges & borrowings

Open charges
₹34.83 Cr
Satisfied charges
₹285 Cr
Breakdown by lending institutions
Yes Bank Limited₹34.83 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Dec 2017100149937Yes Bank Limited₹34.83 CrOpen
05 Jun 2018100200317Idbi Trusteeship Services Limited₹285 CrSatisfied

To see the full charge records of Firstwave Developers LLP, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Firstwave Developers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Firstwave Developers has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
10AAEFF4816D1Z4BiharActive01 Jul 2017
27AAEFF4816D1ZPMaharashtraActive26 Apr 2018

To see the full GST registrations and return filing status of Firstwave Developers LLP, buy the company report.

Recent activity

Firstwave Developers LLP has 13 designated partner changes on record since 2016: 7 appointments and 6 cessations. The latest: Raksha Sudhir Valia ceased to be Designated Partner on 12 Jul 2018.

AGM
Firstwave Developers Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Firstwave Developers Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 05 Jun 2018 via Charge ID 100200317 with Idbi Trusteeship Services Limited was fully satisfied on 14 May 2024.
Ceased
Raksha Sudhir Valia ceased to be Designated Partner.
Appointed
Raksha Sudhir Valia was appointed as Partner.
Ceased
Vijay Mohanlal Parekh ceased to be Designated Partner.
Appointed
Vijay Mohanlal Parekh was appointed as Partner.
Appointed
Jayesh Arvind Shah was appointed as Designated Partner.
Appointed
Priyadarshi Jugalkishor Mehta was appointed as Designated Partner.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 28,500.00 Lakh with Charge ID 100200317 was registered on 05 Jun 2018.
Charges
A charge with Yes Bank Limited amounted to Rs. 3,483.00 Lakh with Charge ID 100149937 was registered on 21 Dec 2017.
Ceased
Khyati Chintan Valia ceased to be Partner.

7 earlier events are in the company report.

Frequently asked questions

Firstwave Developers 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 07 January 2016 (10+ years old) and is registered under LLPIN AAF-4478.

Firstwave Developers has 2 current designated partners:

The latest financial statements of Firstwave Developers 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 Firstwave Developers is 10AAEFF4816D1Z4, registered in Bihar. The LLP has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAEFF4816D1ZP (Maharashtra).

The LLPIN (Limited Liability Partnership Identification Number) of Firstwave Developers is AAF-4478. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Firstwave Developers has 14 court cases on record: 3 filed by the LLP and 11 filed against it. 9 are pending. Most are in the district courts.

Firstwave Developers was incorporated on 07 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Raksha Sudhir Valia ceased to be Designated Partner on 12 Jul 2018. Raksha Sudhir Valia was appointed as Partner on 12 Jul 2018. Vijay Mohanlal Parekh ceased to be Designated Partner on 12 Jul 2018. Firstwave Developers has 13 designated partner changes on record in total.

The registered office of Firstwave Developers is at 340 3rd Floor Plot No 68 Manik Bhuvan D V Pradhan Road Hindu Colony Dadar E, Ast, Mumbai, Maharashtra, India – 400014.

Firstwave Developers operates in the real estate and construction industry, in the real estate builders and developers segment.