Kara Property Ventures LLP
About Kara Property Ventures LLP
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Kara Property Ventures LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 01 February 2011 and has been in existence for over 15 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAA-3614. Its GSTIN is 27AAKFK9951G1ZU (Maharashtra). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹5 Lakh. It is led by designated partners Mukesh Jagat Jethwani and Lokesh Bansilal Jain.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 111 Maker Chambers IV 11th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹86.92 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹41.47 Cr (net margin -47.7%) and EBITDA of -₹1.17 Cr (EBITDA margin -1.3%). Revenue has grown at a compounded annual rate (CAGR) of 760% over three years and 487% over five years.
The LLP has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has satisfied charges of ₹544.1 Cr on record.
Company details
Contact details
Kara Property Ventures LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address111 Maker Chambers IV 11th Floor Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Kara Property Ventures 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 Kara Property Ventures LLP
FY 2025 filings availableKara Property Ventures LLP reported revenue of ₹86.92 Cr (down 40% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 487%. 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
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| Profit After Tax | -₹41.47 Cr | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | -47.7% | ||||
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To see the full financial statements and ratios of Kara Property Ventures LLP, buy the company report.
Designated partners of Kara Property Ventures LLP
Kara Property Ventures has 2 current designated partners and 7 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Jagat Jethwani | Designated Partner | 03 Jan 2013 | 13 Years 10 Months | Current |
| Lokesh Bansilal Jain Also directs: Klassik Vinyl Products LLP, Kalpataru Urbanscape LLP, Rajasthan Stones Pvt Ltd and 5 more | Designated Partner | 01 Apr 2021 | 5 Years 7 Months | Current |
Auditor
Kara Property Ventures LLP is audited by CHATURVEDI & SHAH for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH | FY 2021 | 101720W |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2018 | 100185984 | Icici Bank Limited | ₹203.1 Cr | Satisfied | |
| 30 Nov 2015 | 100013979 | Standard Chartered Investments and Loans(India) Limited | ₹74.4 Cr | Satisfied | |
| 30 Nov 2015 | 100014063 | Standard Chartered Bank | ₹75.6 Cr | Satisfied | |
| 25 Mar 2015 | 10563399 | Jm Financial Credit Solutions Limited | ₹91 Cr | Satisfied | |
| 17 Apr 2013 | 10423554 | Jm Financial Products Limited | ₹100 Cr | Satisfied |
To see the full charge records of Kara Property Ventures LLP, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Kara Property Ventures 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 Kara Property Ventures LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kara Property Ventures LLP has a workforce of 2 employees on its EPFO records as of Jun 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 2 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Kara Property Ventures LLP, buy the company report.
GST
Kara Property Ventures has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKFK9951G1ZU | Maharashtra | Active | 01 Jul 2017 |
| 33AAKFK9951G1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kara Property Ventures LLP, buy the company report.
Recent activity
Kara Property Ventures LLP has 10 designated partner changes on record since 2013: 4 appointments and 6 cessations. The latest: Devesh Dhananjay Bhatt ceased to be Designated Partner on 16 Jan 2023.
12 earlier events are in the company report.
Frequently asked questions
Kara Property Ventures is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in general construction services, within the infrastructure and utilities industry. It was incorporated on 01 February 2011 (15+ years old) and is registered under LLPIN AAA-3614.
Kara Property Ventures has 2 current designated partners:
- Mukesh Jagat Jethwani - Designated Partner
- Lokesh Bansilal Jain - Designated Partner
The latest financial statements of Kara Property Ventures 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 2015 are in the company report.
The GSTIN of Kara Property Ventures is 27AAKFK9951G1ZU, registered in Maharashtra. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAKFK9951G1Z1 (Tamil Nadu).
The LLPIN (Limited Liability Partnership Identification Number) of Kara Property Ventures is AAA-3614. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Kara Property Ventures was incorporated on 01 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Devesh Dhananjay Bhatt ceased to be Designated Partner on 16 Jan 2023. Lokesh Bansilal Jain ceased to be Partner on 16 Jan 2023. Devesh Dhananjay Bhatt was appointed as Partner on 31 Mar 2022. Kara Property Ventures has 10 designated partner changes on record in total.
The registered office of Kara Property Ventures is at 111 Maker Chambers IV 11th Floor Nariman Point, Mumbai, Maharashtra, India – 400021.
Kara Property Ventures operates in the infrastructure and utilities industry, in the general construction services segment.
Kara Property Ventures has no open charges and satisfied charges of ₹544.1 Cr as per latest MCA filings.
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