MGN Properties LLP
About MGN Properties LLP
Data last updated:
MGN Properties LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 August 2010 and has been in existence for over 16 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAA-2029. Its GSTIN is 27AASFM3598B1ZV (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Paresh Mohanlal Parekh and Gangdas Ganesha Patel.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Flat No 10 Gr Floor Mithila Shopping Center V M Road Juh U Scheme Vile Parle (West), Mumbai, Maharashtra, India – 400049.
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- Registered AddressFlat No 10 Gr Floor Mithila Shopping Center V M Road Juh U Scheme Vile Parle (West), Mumbai, Maharashtra, India – 400049
- 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
Financials of MGN Properties LLP FY 2024 filings available
Financial Statement Summary of MGN Properties LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| 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 MGN Properties LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 MGN Properties 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.
Designated Partners of MGN Properties LLP
MGN Properties has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paresh Mohanlal Parekh Also directs: Thirdwave Multitrade LLP, Dosti Seaview Realty LLP, Vijay Suraksha Realty LLP and 5 more | Designated Partner | 05 Jul 2019 | 7 Years 3 Months | Current |
| Gangdas Ganesha Patel Also directs: Green Bell Construction House Private Limited | Designated Partner | 16 Aug 2010 | 16 Years 1 Months | Current |
Charges & Borrowings of MGN Properties LLP
MGN Properties LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at MGN Properties LLP
Employment history and EPFO contributions of people linked to MGN Properties.
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.
Recent Activity on MGN Properties LLP
MGN Properties LLP has 6 designated partner changes on record since 2010: 4 appointments and 2 cessations. The latest: Bechar Raghavaji Patel was appointed as Partner on 05 Jul 2019.
Credit Ratings, Litigation & Regulatory Alerts for MGN Properties 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 MGN Properties 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 MGN Properties 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.
GST Compliance of MGN Properties LLP
MGN Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASFM3598B1ZV | Maharashtra | 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.
MCA Filings & Documents of MGN Properties 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.
Frequently Asked Questions about MGN Properties LLP
MGN Properties is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 August 2010 (16+ years old) and is registered under LLPIN AAA-2029.
MGN Properties has 2 current designated partners:
- Paresh Mohanlal Parekh - Designated Partner
- Gangdas Ganesha Patel - Designated Partner
The GSTIN of MGN Properties is 27AASFM3598B1ZV, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of MGN Properties is AAA-2029. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
MGN Properties was incorporated on 16 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Bechar Raghavaji Patel was appointed as Partner on 05 Jul 2019. Paresh Mohanlal Parekh was appointed as Designated Partner on 05 Jul 2019. Bechar Raghavaji Patel ceased to be Partner on 04 Jul 2019. MGN Properties has 6 designated partner changes on record in total.
The registered office of MGN Properties is at Flat No 10 Gr Floor Mithila Shopping Center V M Road Juh U Scheme Vile Parle West, Mumbai, Maharashtra, India – 400049.
The total obligation of contribution is ₹1 Lakh.
MGN Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
MGN Properties can be reached at its registered office: Flat No 10 Gr Floor Mithila Shopping Center V M Road Juh U Scheme Vile Parle West, Mumbai, Maharashtra, India – 400049.