Ncube Ventures LLP - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAB-8730 Incorporated 19 November 2013 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership financial services
Data last updated
Revenue · FY 2023
₹2,006.63 Cr
Latest filing
Net profit · FY 2023
₹1.82 Cr
Net margin 0.1%
EBITDA · FY 2023
-₹16.95 Cr
EBITDA margin -0.8%
Contribution obligation
₹2 Cr
As per LLP agreement
Open charges
₹60 Cr
Satisfied ₹96 Cr
LLP age
13 yrs
Est. 2013
Employees · EPFO
23
Provident fund records
Designated partners
2
As per MCA filings

About Ncube Ventures LLP

Data last updated:

Ncube Ventures LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 19 November 2013 and has been in existence for over 13 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAB-8730. Its GSTIN is 24AAKFN5179P1ZI (Gujarat). The LLP holds 7 GST registrations, all of them active.

The LLP has a total obligation of contribution of ₹2 Cr. It is led by designated partners Ram Singh Chouhan and Harsh Garg.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 34th Floor Sunshine Tower Senapati Bapat Marg Near Kamgar Krida Maidan Dadar (West), Mumbai, Maharashtra, India – 400013.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹2,006.63 Cr. For the same year it recorded a net profit of ₹1.82 Cr (net margin 0.1%) and EBITDA of -₹16.95 Cr (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 30% over five years.

The LLP has about 23 employees on its provident fund (EPFO) records.

As per MCA filings, the LLP has open charges of ₹60 Cr and satisfied charges of ₹96 Cr on record.

For more details, the LLP can be reached via its website ajallp.com.

Company details

LLPIN AAB-8730
Incorporation Date 19 November 2013
Total Obligation of Contribution ₹2 Cr
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025

Contact details

Ncube Ventures LLP's registered office is in Mumbai, Maharashtra. Its website is ajallp.com. Its e-mail address is in the company report.

  • Email
  • Website
  • Registered Address
    34th Floor Sunshine Tower Senapati Bapat Marg Near Kamgar Krida Maidan Dadar (West), Mumbai, Maharashtra, India – 400013
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Ncube Ventures LLP, buy the company report.

Comprehensive company report
Ncube Ventures 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 Ncube Ventures LLP

FY 2025 filings available

Ncube Ventures LLP reported revenue of ₹2,006.63 Cr for FY 2023.

Revenue · FY 2023
₹2,006.63 Cr
Net profit · FY 2023
₹1.82 Cr margin 0.1%
EBITDA · FY 2023
-₹16.95 Cr margin -0.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 35%
5 years · compounded
▲ 30%

Revenue has grown at a compounded annual rate (CAGR) of 30% over five years. 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 SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income₹2,006.63 Cr
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹1.82 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 SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin0.1%
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 Ncube Ventures LLP, buy the company report.

Designated partners of Ncube Ventures LLP

Ncube Ventures has 2 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Ram Singh ChouhanDesignated Partner29 Dec 20223 Years 10 MonthsCurrent
Harsh GargDesignated Partner18 Apr 20233 Years 6 MonthsCurrent

Charges & borrowings

Open charges
₹60 Cr
Satisfied charges
₹96 Cr
Breakdown by lending institutions
State Bank of India₹30.00 Cr
Indusind Bank Ltd.₹15.00 Cr
Axis Bank Limited₹15.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Mar 2021100444739State Bank of India₹30 CrOpen
26 Jul 2019100278406Axis Bank Limited₹15 CrOpen
03 Aug 2016100203120Indusind Bank Ltd.₹15 CrOpen
13 Dec 2021100532187Punjab National Bank₹25 CrSatisfied
14 Oct 2021100498132Standard Chartered Bank₹21 CrSatisfied

To see the full charge records of Ncube Ventures LLP, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ncube Ventures LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ncube Ventures LLP has a workforce of 23 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
-39.47%

GST

Ncube Ventures has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.

Total GSTINs
7
Active
7
GSTINStateStatusRegistered on
24AAKFN5179P1ZIGujaratActive27 Sep 2017
23AAKFN5179P1ZKMadhya PradeshActive04 Oct 2017
27AAKFN5179P2ZBMaharashtraActive13 Mar 2018
33AAKFN5179P1ZJTamil NaduActive10 Jun 2019

To see the full GST registrations and return filing status of Ncube Ventures LLP, buy the company report.

Recent activity

Ncube Ventures LLP has 6 designated partner changes on record since 2018: 2 appointments and 4 cessations. The latest: Vishal Prakash Raskar ceased to be Designated Partner on 19 Apr 2023.

AGM
Ncube Ventures Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Ncube Ventures Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 17 Dec 2015 via Charge ID 100015800 with Kotak Mahindra Bank Limited was fully satisfied on 13 Mar 2024.
Charges
A charge registered on 13 Dec 2021 via Charge ID 100532187 with Punjab National Bank was fully satisfied on 14 Feb 2024.
Ceased
Vishal Prakash Raskar ceased to be Designated Partner.
Appointed
Harsh Garg was appointed as Designated Partner.
Ceased
Shreyans Hitendrakumar Mehta ceased to be Designated Partner.
Appointed
Ram Singh Chouhan was appointed as Designated Partner.
Charges
A charge registered on 14 Oct 2021 via Charge ID 100498132 with Standard Chartered Bank was fully satisfied on 09 Dec 2022.
Charges
A charge with State Bank Of India of Rs. 30.00 Cr registered on 23 Mar 2021 with Charge ID 100444739 was modified on 21 Dec 2021.
Charges
A charge with Punjab National Bank amounted to Rs. 25.00 Cr with Charge ID 100532187 was registered on 13 Dec 2021.
Charges
A charge with Standard Chartered Bank amounted to Rs. 21.00 Cr with Charge ID 100498132 was registered on 14 Oct 2021.

11 earlier events are in the company report.

Frequently asked questions

Ncube Ventures is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in diversified financial services, within the financial services industry. It was incorporated on 19 November 2013 (13+ years old) and is registered under LLPIN AAB-8730.

Ncube Ventures has 2 current designated partners:

The latest financial statements of Ncube Ventures 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 2015 are in the company report.

The GSTIN of Ncube Ventures is 24AAKFN5179P1ZI, registered in Gujarat. The LLP has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 23AAKFN5179P1ZK (Madhya Pradesh), 27AAKFN5179P2ZB (Maharashtra), 33AAKFN5179P1ZJ (Tamil Nadu).

The LLPIN (Limited Liability Partnership Identification Number) of Ncube Ventures is AAB-8730. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Ncube Ventures was incorporated on 19 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

Vishal Prakash Raskar ceased to be Designated Partner on 19 Apr 2023. Harsh Garg was appointed as Designated Partner on 18 Apr 2023. Shreyans Hitendrakumar Mehta ceased to be Designated Partner on 30 Dec 2022. Ncube Ventures has 6 designated partner changes on record in total.

Ncube Ventures can be reached through the website ajallp.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Ncube Ventures is at 34th Floor Sunshine Tower Senapati Bapat Marg Near Kamgar Krida Maidan Dadar West, Mumbai, Maharashtra, India – 400013.

Ncube Ventures operates in the financial services industry, in the diversified financial services segment.