- Udyam number
- UDYAM-GJ-04-0013174

Medipolis Developers LLP
About Medipolis Developers LLP
Data last updated:
Medipolis Developers LLP is a limited liability partnership (LLP) based in Palanpur, Gujarat, India. It operates in the builders and developers segment of the real estate and construction sector. It was incorporated on 15 October 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAE-9293. Its GSTIN is 24ABBFM5872A2ZK (Gujarat). The LLP holds 2 GST registrations, of which 1 is active.
The LLP has a total obligation of contribution of ₹50 Lakh. It is led by designated partners Mahendrabhai Bhemabhai Manundara and Aashay Mehta Manish.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at S – 17 Tirupati Plaza Opp. Sarkari Vasahat College Road, Palanpur, Gujarat, India – 385001.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹14.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 11.5%) and EBITDA of ₹6.29 Cr (EBITDA margin 43.8%). Revenue has grown at a compounded annual rate (CAGR) of 902% over five years.
As per MCA filings, the LLP has open charges of ₹5.5 Cr on record.
Medipolis Developers LLP is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-04-0013174).
Company details
Recognitions & Rankings of Medipolis Developers
Contact details
Medipolis Developers LLP's registered office is in Palanpur, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressS – 17 Tirupati Plaza Opp. Sarkari Vasahat College Road, Palanpur, Gujarat, India – 385001
- IndustryReal Estate and Construction, Builders and Developers
To see the full contact details of Medipolis 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 Medipolis Developers LLP
FY 2025 filings availableMedipolis Developers LLP reported revenue of ₹14.37 Cr (up 1484% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 902% over five years. EBITDA rose 219% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹1.66 Cr | ||||
| 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
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 11.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Medipolis Developers LLP, buy the company report.
Designated partners of Medipolis Developers LLP
Medipolis Developers 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 |
|---|---|---|---|---|
| Mahendrabhai Bhemabhai Manundara | Designated Partner | 15 Oct 2015 | 11 Years 0 Months | Current |
| Aashay Mehta Manish Also directs: Medipolis Life Care LLP, Co Estates (India) LLP, Imaginarium Rapid Private Limited and 5 more | Designated Partner | 01 Dec 2016 | 9 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2025 | 101219580 | Axis Finance Limited | ₹5.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Medipolis 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 Medipolis Developers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medipolis Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABBFM5872A2ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Medipolis Developers LLP, buy the company report.
Recent activity
Medipolis Developers LLP has 3 designated partner changes on record since 2015: 2 appointments and 1 cessation. The latest: Aashay Mehta Manish was appointed as Designated Partner on 01 Dec 2016.
Frequently asked questions
Medipolis Developers is an active limited liability partnership based in Palanpur, Gujarat, India. The LLP works in builders and developers, within the real estate and construction industry. It was incorporated on 15 October 2015 (11+ years old) and is registered under LLPIN AAE-9293.
Medipolis Developers has 2 current designated partners:
- Mahendrabhai Bhemabhai Manundara - Designated Partner
- Aashay Mehta Manish - Designated Partner
The latest financial statements of Medipolis Developers 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 2016 are in the company report.
The GSTIN of Medipolis Developers is 24ABBFM5872A2ZK, registered in Gujarat. The LLP has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Medipolis Developers is AAE-9293. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Medipolis Developers was incorporated on 15 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aashay Mehta Manish was appointed as Designated Partner on 01 Dec 2016. Aashay Mehta Manish ceased to be Designated Partner on 01 Dec 2016. Mahendrabhai Bhemabhai Manundara was appointed as Designated Partner on 15 Oct 2015.
Yes, Medipolis Developers is registered as an MSME under Udyam registration (number: UDYAM-GJ-04-0013174).
The registered office of Medipolis Developers is at S – 17 Tirupati Plaza Opp. Sarkari Vasahat College Road, Palanpur, Gujarat, India – 385001.
Medipolis Developers operates in the real estate and construction industry, in the builders and developers segment.

