Hiyasha Developers LLP
About Hiyasha Developers LLP
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Hiyasha Developers LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 January 2014 and has been in existence for over 12 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAC-0247. The LLP has 1 GST registration on record, which is no longer active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Nareshbhai Jivrajbhai Fultariya and Kirit Jivrajbhai Fultaria.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at Morbi, Gujarat.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹1.18 Cr. For the same year it recorded a net profit of ₹2.49 Lakh (net margin 2.1%) and EBITDA of -₹24.19 Lakh (EBITDA margin -20.4%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 41% over five years.
As per MCA filings, the LLP has satisfied charges of ₹4.37 Cr on record.
Company details
Contact details
Hiyasha Developers LLP's registered office is in Morbi, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressBehind Shakti Chambers, Opp. Ciramik City, Morbi, Gujarat, India – 363641
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hiyasha Developers 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 Hiyasha Developers LLP
FY 2023 filings availableHiyasha Developers LLP reported revenue of ₹1.18 Cr for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% 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 Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profit After Tax | ₹2.49 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Hiyasha Developers LLP, buy the company report.
Designated partners of Hiyasha Developers LLP
Hiyasha Developers has 8 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 |
|---|---|---|---|---|
| Nareshbhai Jivrajbhai Fultariya Also directs: Tirthak Paper Mill Private Limited | Partner | 18 Oct 2014 | 12 Years 0 Months | Current |
| Kirit Jivrajbhai Fultaria Also directs: Tirthak Infra Space LLP, Tirthak Paper Mill Private Limited | Partner | 18 Oct 2014 | 12 Years 0 Months | Current |
| Krunal Navinchandra Patel Also directs: R2 Volt Solar Energy LLP | Designated Partner | 08 Aug 2014 | 12 Years 2 Months | Current |
| Vivekkumar Kanjibhai Sanja | Designated Partner | 18 Oct 2014 | 12 Years 0 Months | Current |
| Nilay Mahadevbhai Varneshiya Also directs: Mod Ceramic Industries Limited | Partner | 08 Aug 2014 | 12 Years 2 Months | Current |
| Kushal Rameshbhai Varneshiya Also directs: Mod Ceramic Industries Limited | Partner | 08 Aug 2014 | 12 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2015 | 10549826 | Rajkot Nagarik Sahakari Bank Ltd | ₹4.37 Cr | Satisfied |
To see the full charge records of Hiyasha Developers LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Hiyasha Developers LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hiyasha Developers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hiyasha Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hiyasha Developers LLP, buy the company report.
Recent activity
Hiyasha Developers LLP has 16 designated partner changes on record since 2014: 8 appointments and 8 cessations. The latest: Ameeben Hemalbhai Pethapara was appointed as Partner on 01 Jan 2015.
10 earlier events are in the company report.
Frequently asked questions
Hiyasha Developers is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 January 2014 (12+ years old) and is registered under LLPIN AAC-0247.
Hiyasha Developers has 8 current designated partners:
- Nareshbhai Jivrajbhai Fultariya - Partner
- Kirit Jivrajbhai Fultaria - Partner
- Krunal Navinchandra Patel - Designated Partner
- Vivekkumar Kanjibhai Sanja - Designated Partner
- Nilay Mahadevbhai Varneshiya - Partner
- Kushal Rameshbhai Varneshiya - Partner
- Arvindbhai Jivrajbhai Patel - Designated Partner
- Ameeben Hemalbhai Pethapara - Partner
The latest financial statements of Hiyasha Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2024. Year-wise statements from 2015 are in the company report.
No. Hiyasha Developers has 1 GST registration on record and it is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Hiyasha Developers is AAC-0247. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Hiyasha Developers was incorporated on 23 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ameeben Hemalbhai Pethapara was appointed as Partner on 01 Jan 2015. Arvindbhai Jivrajbhai Patel was appointed as Designated Partner on 01 Jan 2015. Bhavik Ganeshbhai Fultariya ceased to be Designated Partner on 01 Jan 2015. Hiyasha Developers has 16 designated partner changes on record in total.
The registered office of Hiyasha Developers is at Behind Shakti Chambers, Opp. Ciramik City, Morbi, Gujarat, India – 363641.
Hiyasha Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Hiyasha Developers has no open charges and satisfied charges of ₹4.37 Cr as per latest MCA filings.