Harmony Freehold LLP
About Harmony Freehold LLP
Data last updated:
Harmony Freehold LLP is a limited liability partnership (LLP) based in Hyderabad, Telangana, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 10 May 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAM-6084.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Nirav Pramod Modi and Ashish Pramod Modi.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at H.No. 5 – 4 – 187/5/16/5 Pm Modi Commercial Complex 2nd Floor Karbala Maidan Mg Road, Hyderabad, Telangana, India – 500003.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹4.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.76 Cr (net margin 37.2%) and EBITDA of ₹3.4 Cr (EBITDA margin 71.8%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years.
As per MCA filings, the LLP has open charges of ₹85.3 Cr and satisfied charges of ₹102.5 Cr on record.
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- Registered AddressH.No. 5 – 4 – 187/5/16/5 Pm Modi Commercial Complex 2nd Floor Karbala Maidan Mg Road, Hyderabad, Telangana, India – 500003
- IndustryFinancial Services, Brokerage & Trading Services
- 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
Financials of Harmony Freehold LLP FY 2025 filings available
Harmony Freehold LLP reported revenue of ₹4.74 Cr (up 420% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Harmony Freehold LLP
Revenue has grown at a compounded annual rate (CAGR) of 67% over three years, including 420% growth in the latest year. EBITDA rose 283% 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 Harmony Freehold 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 | ₹1.76 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 Harmony Freehold 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 | 37.2% | •••• | •••• | •••• | •••• |
| 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 Harmony Freehold are in the company report.
Financial statements from FY 2019
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.
Designated Partners of Harmony Freehold LLP
Harmony Freehold has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Pramod Modi Also directs: Modi & Modi Financial Services LLP, Fortune Malayalam Cars LLP, Fortune Malayalam Automobiles Private Limited and 5 more | Designated Partner | 10 May 2018 | 8 Years 5 Months | Current |
| Ashish Pramod Modi Also directs: Modi & Modi Financial Services LLP, Fortune Malayalam Cars LLP, Modi Realty Genome Valley LLP and 5 more | Designated Partner | 10 May 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Harmony Freehold 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 Harmony Freehold LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2022 | Kotak Mahindra Prime Limited | ₹58.8 Cr | Open |
| 28 Sep 2022 | Kotak Mahindra Prime Limited | ₹24 Cr | Open |
| 10 Mar 2021 | Kotak Mahindra Prime Limited | ₹2.5 Cr | Open |
| 11 May 2023 | Kotak Mahindra Prime Limited | ₹102.5 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Harmony Freehold LLP
Employment history and EPFO contributions of people linked to Harmony Freehold.
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.
Recent Activity on Harmony Freehold LLP
Harmony Freehold LLP has 2 designated partner changes on record since 2018: 2 appointments. The latest: Ashish Pramod Modi was appointed as Designated Partner on 10 May 2018.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Harmony Freehold 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 Harmony Freehold 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 Harmony Freehold 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.
GST Compliance of Harmony Freehold LLP
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.
MCA Filings & Documents of Harmony Freehold 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.
Frequently Asked Questions about Harmony Freehold LLP
Harmony Freehold is an active limited liability partnership based in Hyderabad, Telangana, India. The LLP works in brokerage and trading services, within the financial services industry. It was incorporated on 10 May 2018 (8+ years old) and is registered under LLPIN AAM-6084.
Harmony Freehold reported revenue of ₹4.74 Cr for FY 2023 (up 420% YoY).
Harmony Freehold has 2 current designated partners:
- Nirav Pramod Modi - Designated Partner
- Ashish Pramod Modi - Designated Partner
Harmony Freehold reported a net profit of ₹1.76 Cr (net margin 37.2%) and EBITDA of ₹3.4 Cr (EBITDA margin 71.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harmony Freehold is 67% over three years. In the latest year (FY 2023) revenue rose 420%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Harmony Freehold is AAM-6084. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Harmony Freehold was incorporated on 10 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ashish Pramod Modi was appointed as Designated Partner on 10 May 2018. Nirav Pramod Modi was appointed as Designated Partner on 10 May 2018.
The registered office of Harmony Freehold is at H.No. 5 – 4 – 1875165 Pm Modi Commercial Complex 2nd Floor Karbala Maidan Mg Road, Hyderabad, Telangana, India – 500003.
The total obligation of contribution is ₹1 Lakh.