
Mahika Infra LLP
About Mahika Infra LLP
Data last updated:
Mahika Infra LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 November 2013 and has been in existence for over 13 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAB-8774. Its GSTIN is 24AAYFM1882C1Z2 (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Paras Chamanlal Pandit and Tamanna Paras Pandit.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at 25 4th Floor Shukan Mall Nr . Rajsthan Hospital Shahibaug, Ahmedabad, Gujarat, India – 380004.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹27.54 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹97 Lakh (net margin 3.5%) and EBITDA of ₹57.19 Cr (EBITDA margin 207.7%). Revenue has grown at a compounded annual rate (CAGR) of 411% over three years.
As per MCA filings, the LLP has open charges of ₹209.68 Cr and satisfied charges of ₹534.62 Cr on record. Court records list 4 cases involving the LLP, including 2 filed by the LLP and 2 filed against it.
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- Registered Address25 4th Floor Shukan Mall Nr . Rajsthan Hospital Shahibaug, Ahmedabad, Gujarat, India – 380004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Auditor Details of Mahika Infra LLP
Mahika Infra LLP is audited by B J SHAH & BROTHERS for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B J SHAH & BROTHERS | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Designated Partners of Mahika Infra LLP
Mahika Infra 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 |
|---|---|---|---|---|
| Paras Chamanlal Pandit Also directs: Sheetal Housing Development LLP, Sheetal Infra Trade LLP, Whitestone Infrabuild India LLP and 5 more | Designated Partner | 21 Nov 2013 | 12 Years 10 Months | Current |
| Tamanna Paras Pandit Also directs: Sheetal Housing Development LLP, Sheetal Infra Trade LLP, Whitestone Infrabuild India LLP and 3 more | Designated Partner | 11 Jan 2024 | 2 Years 8 Months | Current |
Financials of Mahika Infra LLP FY 2024 filings available
Mahika Infra LLP reported revenue of ₹27.54 Cr (down 65% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Mahika Infra LLP
Revenue fell 65% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 411%. EBITDA fell 46% 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 Mahika Infra LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | ₹27.54 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹97 Lakh | •••• | •••• | •••• | •••• |
| 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 Mahika Infra LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 Mahika Infra are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Mahika Infra 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 Mahika Infra LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2024 | State Bank of India | ₹68.5 Cr | Open |
| 30 Mar 2024 | Aditya Birla Finance Limited | ₹41.18 Cr | Open |
| 31 Jul 2023 | State Bank of India | ₹100 Cr | Open |
| 31 Jul 2023 | State Bank of India | ₹160 Cr | Satisfied |
| 08 Dec 2017 | Pnb Housing Finance Limited | ₹232 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Mahika Infra LLP
Employment history and EPFO contributions of people linked to Mahika Infra.
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.
GST Compliance of Mahika Infra LLP
Mahika Infra has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYFM1882C1Z2 | Gujarat | Active | 01 Jul 2017 |
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.
Legal Cases of Mahika Infra LLP
Mahika Infra LLP has 4 court cases on record: 2 filed by Mahika Infra, 2 filed against it. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 0 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Arbitration matter | Filed against the company by Manisha Constructions | Disposed |
| Supreme Court | Special leave petition | Filed by the company against Manisha Constructions | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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, Litigation & Regulatory Alerts for Mahika Infra 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 Mahika Infra 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 Mahika Infra 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.
MCA Filings & Documents of Mahika Infra 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.
Recent Activity on Mahika Infra LLP
Frequently Asked Questions about Mahika Infra LLP
Mahika Infra is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 November 2013 (13+ years old) and is registered under LLPIN AAB-8774.
Mahika Infra reported revenue of ₹27.54 Cr for FY 2021 (down 65% YoY).
Mahika Infra has 2 current designated partners:
- Paras Chamanlal Pandit - Designated Partner
- Tamanna Paras Pandit - Designated Partner
Mahika Infra reported a net profit of ₹97 Lakh (net margin 3.5%) and EBITDA of ₹57.19 Cr (EBITDA margin 207.7%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mahika Infra is 411% over three years. In the latest year (FY 2021) revenue fell 65%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mahika Infra is 24AAYFM1882C1Z2, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Mahika Infra is AAB-8774. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Mahika Infra has 4 court cases on record: 2 filed by the LLP and 2 filed against it. Most are in the supreme court.
Mahika Infra was incorporated on 21 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.