Green Theory Ventures LLP - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
LLPIN AAI-8532 Incorporated 16 March 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Limited Liability Partnership travel and hospitality MSME · Micro
Data last updated
Revenue · FY 2023
₹3.69 Cr
Latest filing
Net profit · FY 2023
₹4.12 Lakh
Net margin 1.1%
EBITDA · FY 2023
₹16.32 Lakh
EBITDA margin 4.4%
Contribution obligation
₹10 Lakh
As per LLP agreement
Open charges
₹19.07 Lakh
Secured borrowings
LLP age
9 yrs
Est. 2017
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered

About Green Theory Ventures LLP

Data last updated:

Green Theory Ventures LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 16 March 2017 and has been in existence for over 9 years.

The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAI-8532. Its GSTIN is 29AAQFG8403K1ZU (Karnataka).

The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners Nimisha Pareek and Bikash Parik.

Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at No 15 Convent Road House, Bangalore, Karnataka, India – 560025.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹3.69 Cr. For the same year it recorded a net profit of ₹4.12 Lakh (net margin 1.1%) and EBITDA of ₹16.32 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 46% over five years.

As per MCA filings, the LLP has open charges of ₹19.07 Lakh on record.

Green Theory Ventures LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0145530).

Company details

LLPIN AAI-8532
Incorporation Date 16 March 2017
Total Obligation of Contribution ₹10 Lakh
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0145530

Recognitions & Rankings of Green Theory Ventures

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0145530

Contact details

Green Theory Ventures LLP's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No 15 Convent Road House, Bangalore, Karnataka, India – 560025
  • Industry
    Travel and Hospitality, Hotel & Accommodation Services

To see the full contact details of Green Theory Ventures LLP, buy the company report.

Comprehensive company report
Green Theory Ventures LLP - one report that includes everything
  • 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
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Financials of Green Theory Ventures LLP

FY 2023 filings available

Green Theory Ventures LLP reported revenue of ₹3.69 Cr for FY 2023.

Revenue · FY 2023
₹3.69 Cr
Net profit · FY 2023
₹4.12 Lakh margin 1.1%
EBITDA · FY 2023
₹16.32 Lakh margin 4.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 8%
5 years · compounded
▲ 46%
EBITDA CAGR growth
3 years · compounded
▼ 20%

Revenue has grown at a compounded annual rate (CAGR) of 46% over five years. 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 SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income₹3.69 Cr
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹4.12 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 SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin1.1%
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 Green Theory Ventures LLP, buy the company report.

Designated partners of Green Theory Ventures LLP

Green Theory Ventures has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Nimisha PareekDesignated Partner24 Sep 20215 Years 1 MonthsCurrent
Bikash ParikDesignated Partner16 Mar 20179 Years 7 MonthsCurrent

Charges & borrowings

Open charges
₹19.07 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.19 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jul 2021100881199Hdfc Bank Limited₹19.07 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

Green Theory Ventures has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAQFG8403K1ZUKarnatakaActive25 Jul 2017

To see the full GST registrations and return filing status of Green Theory Ventures LLP, buy the company report.

Recent activity

Green Theory Ventures LLP has 3 designated partner changes on record since 2017: 2 appointments and 1 cessation. The latest: Nimisha Pareek was appointed as Designated Partner on 24 Sep 2021.

AGM
Green Theory Ventures Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Green Theory Ventures Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Nimisha Pareek was appointed as Designated Partner.
Ceased
Rohit Mittal ceased to be Designated Partner.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.07 Lakh with Charge ID 100881199 was registered on 23 Jul 2021.
Appointed
Bikash Parik was appointed as Designated Partner.
Incorporation
16 Mar 2017
Green Theory Ventures Llp was registered on 16 Mar 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.

Frequently asked questions

Green Theory Ventures is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 16 March 2017 (9+ years old) and is registered under LLPIN AAI-8532.

Green Theory Ventures has 2 current designated partners:

The latest financial statements of Green Theory Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Green Theory Ventures is 29AAQFG8403K1ZU, registered in Karnataka.

The LLPIN (Limited Liability Partnership Identification Number) of Green Theory Ventures is AAI-8532. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Green Theory Ventures was incorporated on 16 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Nimisha Pareek was appointed as Designated Partner on 24 Sep 2021. Rohit Mittal ceased to be Designated Partner on 24 Sep 2021. Bikash Parik was appointed as Designated Partner on 16 Mar 2017.

Yes, Green Theory Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0145530).

The registered office of Green Theory Ventures is at No 15 Convent Road House, Bangalore, Karnataka, India – 560025.

Green Theory Ventures operates in the travel and hospitality industry, in the hotel and accommodation services segment.