Nagavara Palm Developers LLP
About Nagavara Palm Developers LLP
Data last updated:
Nagavara Palm Developers LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the builders segment of the construction sector. It was incorporated on 12 July 2022.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN ABB-6959.
The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners Mayankkumar Arvindkumar Ruia and Sanaa Ashhraf Ruia.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
The LLP is associated with 1 brand: MAIA Estates. As per MCA filings, the LLP has open charges of ₹985.32 Cr on record.
Company details
Contact details
Nagavara Palm Developers LLP's registered office is in Bangalore, Karnataka.
- Registered AddressOld No.34 ( New No.84), Ulsoor Main Road, Bangalore, Karnataka, India – 560042
- IndustryConstruction, 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
Brands
Nagavara Palm Developers operates one associated brand: MAIA Estates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential properties are developed in Bengaluru, India. | maiaestates.in |
Financials of Nagavara Palm Developers LLP
FY 2025 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | |||
To see the full financial statements and ratios of Nagavara Palm Developers LLP, buy the company report.
Designated partners of Nagavara Palm Developers LLP
Nagavara Palm 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 |
|---|---|---|---|---|
| Mayankkumar Arvindkumar Ruia | Designated Partner | 12 Jul 2022 | 4 Years 3 Months | Current |
| Sanaa Ashhraf Ruia Also directs: Ruia Developers LLP | Designated Partner | 04 Sep 2025 | 1 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2025 | 101056628 | Idbi Trusteeship Services Limited | ₹985.32 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Nagavara Palm 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 Nagavara Palm Developers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nagavara Palm Developers LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nagavara Palm Developers LLP has 3 designated partner changes on record since 2022: 2 appointments and 1 cessation. The latest: Rishad Gev Khergamwala ceased to be Designated Partner on 04 Sep 2025.
Frequently asked questions
Nagavara Palm Developers is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in builders, within the construction industry. It was incorporated on 12 July 2022 (4+ years old) and is registered under LLPIN ABB-6959.
Nagavara Palm Developers has 2 current designated partners:
- Mayankkumar Arvindkumar Ruia - Designated Partner
- Sanaa Ashhraf Ruia - Designated Partner
The latest financial statements of Nagavara Palm 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 2023 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Nagavara Palm Developers is ABB-6959. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Nagavara Palm Developers was incorporated on 12 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Rishad Gev Khergamwala ceased to be Designated Partner on 04 Sep 2025. Sanaa Ashhraf Ruia was appointed as Designated Partner on 04 Sep 2025. Mayankkumar Arvindkumar Ruia was appointed as Designated Partner on 12 Jul 2022.
The registered office of Nagavara Palm Developers is at Old No.34 New No.84, Ulsoor Main Road, Bangalore, Karnataka, India – 560042.
Nagavara Palm Developers operates in the construction industry, in the builders segment.
Nagavara Palm Developers has open charges of ₹985.32 Cr and no satisfied charges on record as per latest MCA filings.
Nagavara Palm Developers has 1 associated brand: Maia Estates.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
