MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0175600
Montecarlo Asset Holdings LLP
Montecarlo Asset Holdings LLP - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.91 Cr
▲ 7% YoY
Net profit · FY 2023
₹6.6 Cr
Net margin 55.4%
EBITDA · FY 2023
-₹28.09 Lakh
EBITDA margin -2.4%
Contribution obligation
₹11 Lakh
As per LLP agreement
Open charges
₹534.26 Cr
Satisfied ₹37.5 Cr
LLP age
9 yrs
Est. 2017
Designated partners
3
As per MCA filings
Active GSTINs
1
of 2 registered
About Montecarlo Asset Holdings LLP
Data last updated:
Montecarlo Asset Holdings LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 22 March 2017 and has been in existence for over 9 years.
Its director Kanubhai Mafatlal Patel and family are #994 among India's richest people (2026).
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAI-8961. Its GSTIN is 24ABFFM3427P2ZY (Gujarat). The LLP holds 2 GST registrations, of which 1 is active.
The LLP has a total obligation of contribution of ₹11 Lakh. It is led by designated partners including Brijesh Kanubhai Patel and Kanubhai Mafatlal Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Montecarlo House Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹11.91 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹6.6 Cr (net margin 55.4%) and EBITDA of -₹28.09 Lakh (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 53% over five years.
As per MCA filings, the LLP has open charges of ₹534.26 Cr and satisfied charges of ₹37.5 Cr on record.
Montecarlo Asset Holdings LLP is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0175600).
Company details
LLPIN AAI-8961
Incorporation Date 22 March 2017
Total Obligation of Contribution ₹11 Lakh
ROC Ahmedabad
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0175600
Key People
Brijesh Kanubhai Patel Designated Partner Kanubhai Mafatlal Patel Designated Partner Mrunal Kanubhai Patel Designated Partner Recognitions & Rankings of Montecarlo Asset Holdings
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #994 Kanubhai Mafatlal Patel & family ₹2,800 Cr
Contact details
Montecarlo Asset Holdings LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMontecarlo House Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380058
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Montecarlo Asset Holdings LLP, buy the company report.
Comprehensive company report
Montecarlo Asset Holdings LLP - one report that includes everything
- 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
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Financials of Montecarlo Asset Holdings LLP
FY 2025 filings availableMontecarlo Asset Holdings LLP reported revenue of ₹11.91 Cr (up 7% YoY) for FY 2023.
Revenue · FY 2023
₹11.91 Cr ▲ 7%
Net profit · FY 2023
₹6.6 Cr margin 55.4%
EBITDA · FY 2023
-₹28.09 Lakh margin -2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
5 years · compounded
▲ 53%
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 7% growth 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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| Tax | |||||
| Profit After Tax | ₹6.6 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 | 55.4% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
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To see the full financial statements and ratios of Montecarlo Asset Holdings LLP, buy the company report.
Designated partners of Montecarlo Asset Holdings LLP
Montecarlo Asset Holdings has 3 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brijesh Kanubhai Patel Also directs: Montecarlo Realty LLP, Montecarlo Enterprises Private Limited, Montecarlo Nagpur Smart Metering Private Limited and 5 more | Designated Partner | 22 Mar 2017 | 9 Years 7 Months | Current |
| Kanubhai Mafatlal Patel Also directs: Montecarlo Realty LLP, Montecarlo Enterprises Private Limited, Montecarlo Nagpur Smart Metering Private Limited and 3 more | Designated Partner | 22 Mar 2017 | 9 Years 7 Months | Current |
| Mrunal Kanubhai Patel Also directs: Montecarlo Realty LLP, Montecarlo Enterprises Private Limited, Montecarlo Nagpur Smart Metering Private Limited and 5 more | Designated Partner | 22 Mar 2017 | 9 Years 7 Months | Current |
Charges & borrowings
Open charges
₹534.26 Cr
Satisfied charges
₹37.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2018 | 100174195 | Kotak Mahindra Bank Limited | ₹51.13 Cr | Open | |
| 07 Apr 2018 | 100173331 | Idbi Trusteeship Services Limited | ₹216 Cr | Open | |
| 07 Apr 2018 | 100173332 | Idbi Trusteeship Services Limited | ₹216 Cr | Open | |
| 06 Sep 2017 | 100124836 | Kotak Mahindra Bank Limited | ₹51.13 Cr | Open | |
| 28 Feb 2019 | 100241814 | Oriental Bank of Commerce | ₹37.5 Cr | Satisfied |
To see the full charge records of Montecarlo Asset Holdings LLP, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Montecarlo Asset Holdings LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Montecarlo Asset Holdings LLP was last rated by Indiarating on 28 Dec 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 28 Dec 2022 |
To see the full credit ratings and regulatory alerts of Montecarlo Asset Holdings LLP, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Montecarlo Asset Holdings LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Montecarlo Asset Holdings has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABFFM3427P2ZY | Gujarat | Active | 29 Jul 2017 |
To see the full GST registrations and return filing status of Montecarlo Asset Holdings LLP, buy the company report.
Recent activity
Montecarlo Asset Holdings LLP has 5 designated partner changes on record since 2017: 3 appointments and 2 cessations. The latest: Nareshkumar Pranshankar Suthar ceased to be Partner on 25 Apr 2017.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 21,600.00 Lakh registered on 07 Apr 2018 with Charge ID 100173331 was modified on 25 Aug 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 21,600.00 Lakh registered on 07 Apr 2018 with Charge ID 100173332 was modified on 25 Aug 2025.
AGM
Montecarlo Asset Holdings Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Montecarlo Asset Holdings Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 28 Feb 2019 via Charge ID 100241814 with Oriental Bank Of Commerce was fully satisfied on 16 Jun 2021.
Charges
A charge with Kotak Mahindra Bank Limited of Rs. 5,113.00 Lakh registered on 12 Apr 2018 with Charge ID 100174195 was modified on 15 Apr 2021.
Charges
A charge with Kotak Mahindra Bank Limited of Rs. 5,113.00 Lakh registered on 06 Sep 2017 with Charge ID 100124836 was modified on 20 Mar 2021.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 3,750.00 Lakh with Charge ID 100241814 was registered on 28 Feb 2019.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 5,113.00 Lakh with Charge ID 100174195 was registered on 12 Apr 2018.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 21,600.00 Lakh with Charge ID 100173331 was registered on 07 Apr 2018.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 21,600.00 Lakh with Charge ID 100173332 was registered on 07 Apr 2018.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 5,113.00 Lakh with Charge ID 100124836 was registered on 06 Sep 2017.
6 earlier events are in the company report.
Frequently asked questions
Montecarlo Asset Holdings is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in real estate financing, within the financial services industry. It was incorporated on 22 March 2017 (9+ years old) and is registered under LLPIN AAI-8961.
Montecarlo Asset Holdings has 3 current designated partners:
- Brijesh Kanubhai Patel - Designated Partner
- Kanubhai Mafatlal Patel - Designated Partner
- Mrunal Kanubhai Patel - Designated Partner
The latest financial statements of Montecarlo Asset Holdings 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 2017 are in the company report.
The GSTIN of Montecarlo Asset Holdings is 24ABFFM3427P2ZY, 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 Montecarlo Asset Holdings is AAI-8961. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Montecarlo Asset Holdings was incorporated on 22 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nareshkumar Pranshankar Suthar ceased to be Partner on 25 Apr 2017. Suhas Vasantrao Joshi ceased to be Partner on 25 Apr 2017. Brijesh Kanubhai Patel was appointed as Designated Partner on 22 Mar 2017. Montecarlo Asset Holdings has 5 designated partner changes on record in total.
Yes, Montecarlo Asset Holdings is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0175600).
The registered office of Montecarlo Asset Holdings is at Montecarlo House Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380058.
Montecarlo Asset Holdings operates in the financial services industry, in the real estate financing segment.
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