About Kundan Spaces LLP
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Kundan Spaces LLP is a limited liability partnership (LLP) based in Pune, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 11 February 2011 and has been in existence for over 15 years.
The LLP is registered with the Registrar of Companies (ROC), Pune, under LLPIN AAA-3785. Its GSTIN is 27AALFK8066H1ZV (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Ashish Bhawarlal Jain and Rakshit Rajesh Oswal.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at F. No 101 102 Kundan Heritage Bopodi, Pune, Maharashtra, India – 411003.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹2.45 Cr. For the same year it recorded a net profit of ₹99.94 Lakh (net margin 40.9%) and EBITDA of ₹66.94 Lakh (EBITDA margin 27.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The LLP is associated with 1 brand: Kundan Spaces. As per MCA filings, the LLP has open charges of ₹90 Cr and satisfied charges of ₹107.79 Cr on record. Court records list 4 cases involving the LLP, including 1 filed by the LLP and 3 filed against it; 3 cases are pending.
For more details, the LLP can be reached via its website kundans.com.
Company details
Contact details
Kundan Spaces LLP's registered office is in Pune, Maharashtra. Its website is kundans.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF. No 101 102 Kundan Heritage Bopodi, Pune, Maharashtra, India – 411003
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Kundan Spaces 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
Kundan Spaces operates one associated brand: Kundan Spaces. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops residential and commercial properties in Pune using advanced technology. | kundans.com |
Financials of Kundan Spaces LLP
FY 2025 filings availableKundan Spaces LLP reported revenue of ₹2.45 Cr for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
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| Total Income | ₹2.45 Cr | ||||
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| Tax | |||||
| Profit After Tax | ₹99.94 Lakh | ||||
| Profit Transferred to Partners | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 40.9% | ||||
| Return on Partners' Funds | |||||
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To see the full financial statements and ratios of Kundan Spaces LLP, buy the company report.
Designated partners of Kundan Spaces LLP
Kundan Spaces has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Bhawarlal Jain | Designated Partner | 11 Feb 2011 | 15 Years 8 Months | Current |
| Rakshit Rajesh Oswal | Designated Partner | 20 Feb 2024 | 2 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2025 | 101217179 | Icici Home Finance Company Limited | ₹10 Cr | Open | |
| 16 Mar 2025 | 101086718 | Icici Home Finance Company Limited | ₹30 Cr | Open | |
| 26 Sep 2022 | 100645548 | State Bank of India | ₹25 Cr | Open | |
| 22 Sep 2020 | 100378108 | State Bank of India | ₹25 Cr | Open | |
| 29 Mar 2022 | 100631106 | Prachay Capital Limited | ₹7 Cr | Satisfied |
To see the full charge records of Kundan Spaces LLP, buy the company report.
Total charge records: 12 View all charges
Legal cases
Kundan Spaces LLP has 4 court cases on record: 1 filed by Kundan Spaces, 3 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed against the company by Konark Indrayu Enclave Condominium Through Its Board Authoized Representative Mr Satpreet S Rajpal and 1 other | Disposed |
To see the full case history of Kundan Spaces 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kundan Spaces LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kundan Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALFK8066H1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kundan Spaces LLP, buy the company report.
Recent activity
Kundan Spaces LLP has 3 designated partner changes on record since 2011: 2 appointments and 1 cessation. The latest: Bhawarlal Kundanmal Jain ceased to be Designated Partner on 20 Feb 2024.
15 earlier events are in the company report.
Frequently asked questions
Kundan Spaces is an active limited liability partnership based in Pune, Maharashtra, India. The LLP works in real estate financing, within the financial services industry. It was incorporated on 11 February 2011 (15+ years old) and is registered under LLPIN AAA-3785.
Kundan Spaces has 2 current designated partners:
- Ashish Bhawarlal Jain - Designated Partner
- Rakshit Rajesh Oswal - Designated Partner
The latest financial statements of Kundan Spaces 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 Kundan Spaces is 27AALFK8066H1ZV, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Kundan Spaces is AAA-3785. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Kundan Spaces has 4 court cases on record: 1 filed by the LLP and 3 filed against it. 3 are pending. Most are in the district courts.
Kundan Spaces was incorporated on 11 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Bhawarlal Kundanmal Jain ceased to be Designated Partner on 20 Feb 2024. Rakshit Rajesh Oswal was appointed as Designated Partner on 20 Feb 2024. Ashish Bhawarlal Jain was appointed as Designated Partner on 11 Feb 2011.
Kundan Spaces can be reached through the website kundans.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Kundan Spaces is at F. No 101 102 Kundan Heritage Bopodi, Pune, Maharashtra, India – 411003.