About KP Sanghvi & Sons LLP
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KP Sanghvi & Sons LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 19 May 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAJ-4521.
The LLP has a total obligation of contribution of ₹10 Cr. It is led by designated partners including Dilip Hajarimal Sanghvi and Kirti Hajarimal Sanghvi.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Gw 7012 7th Floor G – Block Bharat Diamond Bourse Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹2,601.73 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹42.21 Cr (net margin 1.6%) and EBITDA of ₹101.86 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 6% over five years.
The LLP has about 1,870 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: KP Sanghvi. As per MCA filings, the LLP has open charges of ₹1,587.04 Cr on record. Court records list 36 cases involving the LLP, including 27 filed by the LLP and 9 filed against it; 21 cases are pending.
For more details, the LLP can be reached via its website kpsanghvi.com.
Company details
Contact details
KP Sanghvi & Sons LLP's registered office is in Mumbai, Maharashtra. Its website is kpsanghvi.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressGw 7012 7th Floor G – Block Bharat Diamond Bourse Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of KP Sanghvi & Sons 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
Brands
KP Sanghvi & Sons operates one associated brand: KP Sanghvi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diamond trading, export, and online inventory services worldwide. | kpsanghvi.com |
Financials of KP Sanghvi & Sons LLP
FY 2025 filings availableKP Sanghvi & Sons LLP reported revenue of ₹2,601.73 Cr (down 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 31% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
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| Total Income | ₹2,601.73 Cr | ||||
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| Tax | |||||
| Profit After Tax | ₹42.21 Cr | ||||
| Profit Transferred to Partners | |||||
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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 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 1.6% | ||||
| Return on Partners' Funds | |||||
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To see the full financial statements and ratios of KP Sanghvi & Sons LLP, buy the company report.
Designated partners of KP Sanghvi & Sons LLP
KP Sanghvi & Sons has 8 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2017 | 100191232 | State Bank of India | ₹793.52 Cr | Open | |
| 19 May 2017 | 100265913 | State Bank of India | ₹793.52 Cr | Open |
To see the full charge records of KP Sanghvi & Sons LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
KP Sanghvi & Sons LLP has 36 court cases on record: 27 filed by KP Sanghvi & Sons, 9 filed against it. 21 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 9 | 21 |
| District courts | 6 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Employees Provident Fund Organisation | Pending |
| High Court of Gujarat | Court case (MCA) | Filed by the company against Assistant Provident Fund Commissioner, Employees Provident Fund Organisation | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Pending |
To see the full case history of KP Sanghvi & Sons LLP, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
KP Sanghvi & Sons LLP was last rated by Care on 04 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Jan 2023 |
To see the full credit ratings and regulatory alerts of KP Sanghvi & Sons LLP, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for KP Sanghvi & Sons LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
KP Sanghvi & Sons LLP has a workforce of 1,870 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for KP Sanghvi & Sons LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
KP Sanghvi & Sons LLP has 9 designated partner changes on record since 2017: 8 appointments and 1 cessation. The latest: Apurva Sanghvi Kirti was appointed as Partner on 07 Jun 2018.
4 earlier events are in the company report.
Frequently asked questions
KP Sanghvi & Sons is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 19 May 2017 (9+ years old) and is registered under LLPIN AAJ-4521.
KP Sanghvi & Sons has 8 current designated partners:
- Dilip Hajarimal Sanghvi - Partner
- Kirti Hajarimal Sanghvi - Partner
- Samir Babulal Sanghvi - Designated Partner
- Apurva Sanghvi Kirti - Partner
- Arvind Hajarimal Sanghvi - Partner
- Jimit Kishore Sanghvi - Partner
- Kishore Sanghvi Hajarimal - Partner
- Amrish Babulal Sanghvi - Designated Partner
The latest financial statements of KP Sanghvi & Sons 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 2018 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of KP Sanghvi & Sons is AAJ-4521. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
KP Sanghvi & Sons has 36 court cases on record: 27 filed by the LLP and 9 filed against it. 21 are pending. Most are in the high courts.
KP Sanghvi & Sons was incorporated on 19 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Apurva Sanghvi Kirti was appointed as Partner on 07 Jun 2018. Babulal Poonamchand Sanghvi ceased to be Partner on 07 Jun 2018. Jimit Kishore Sanghvi was appointed as Partner on 07 Jun 2018. KP Sanghvi & Sons has 9 designated partner changes on record in total.
KP Sanghvi & Sons can be reached through the website kpsanghvi.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of KP Sanghvi & Sons is at Gw 7012 7th Floor G – Block Bharat Diamond Bourse Bandra – Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
KP Sanghvi & Sons operates in the consumer goods industry, in the watches and jewelry manufacturing segment.