
Neelsidhi Associates LLP
About Neelsidhi Associates LLP
Data last updated:
Neelsidhi Associates LLP is a limited liability partnership (LLP) based in Vashi, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 January 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAO-0605. Its GSTIN is 27AAQFN1586J1ZN (Maharashtra).
The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners including Darshan Gopalji Palan and Vilas Madanlal Kothari.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Off No 301 Plot No. 195 Sector 12, Vashi, Maharashtra, India – 400703.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹70.97 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.8 Cr (net margin 15.2%) and EBITDA of ₹46.49 Cr (EBITDA margin 65.5%).
As per MCA filings, the LLP has open charges of ₹50 Cr and satisfied charges of ₹100 Cr on record.
Company details
Contact details
Neelsidhi Associates LLP's registered office is in Vashi, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOff No 301 Plot No. 195 Sector 12, Vashi, Maharashtra, India – 400703
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Neelsidhi Associates 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 Neelsidhi Associates LLP
FY 2025 filings availableNeelsidhi Associates LLP reported revenue of ₹70.97 Cr (up 63885% YoY) for FY 2023.
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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| Profit After Tax | ₹10.8 Cr | ||||
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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 |
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| Net Profit Margin | 15.2% | ||||
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To see the full financial statements and ratios of Neelsidhi Associates LLP, buy the company report.
Designated partners of Neelsidhi Associates LLP
Neelsidhi Associates has 4 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 |
|---|---|---|---|---|
| Darshan Gopalji Palan Also directs: Neelsidhi Mohar Raisoni Developers LLP, Neel Sidhi Properties LLP, Palan Constructions LLP and 5 more | Designated Partner | 16 Jan 2019 | 7 Years 9 Months | Current |
| Vilas Madanlal Kothari Also directs: Neelsidhi Mohar Raisoni Developers LLP, Neel Sidhi Properties LLP, Rohan Sidhi Logistics LLP and 5 more | Designated Partner | 16 Jan 2019 | 7 Years 9 Months | Current |
| Neel Vilas Kothari | Partner | 16 Jan 2019 | 7 Years 9 Months | Current |
| Kalpesh Jamnadas Palan Also directs: Neelsidhi Mohar Raisoni Developers LLP, Neel Sidhi Properties LLP, Palan Constructions LLP and 5 more | Designated Partner | 16 Jan 2019 | 7 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2025 | 101105632 | Kotak Mahindra Investments Limited | ₹50 Cr | Satisfied | |
| 22 Mar 2022 | 100632379 | Kotak Mahindra Prime Limited | ₹50 Cr | Satisfied |
To see the full charge records of Neelsidhi Associates LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Neelsidhi Associates 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 Neelsidhi Associates LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neelsidhi Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQFN1586J1ZN | Maharashtra | Active | 05 Feb 2019 |
To see the full GST registrations and return filing status of Neelsidhi Associates LLP, buy the company report.
Recent activity
Neelsidhi Associates LLP has 4 designated partner changes on record since 2019: 4 appointments. The latest: Darshan Gopalji Palan was appointed as Designated Partner on 16 Jan 2019.
Frequently asked questions
Neelsidhi Associates is an active limited liability partnership based in Vashi, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 January 2019 (7+ years old) and is registered under LLPIN AAO-0605.
Neelsidhi Associates has 4 current designated partners:
- Darshan Gopalji Palan - Designated Partner
- Vilas Madanlal Kothari - Designated Partner
- Neel Vilas Kothari - Partner
- Kalpesh Jamnadas Palan - Designated Partner
The latest financial statements of Neelsidhi Associates 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 2019 are in the company report.
The GSTIN of Neelsidhi Associates is 27AAQFN1586J1ZN, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Neelsidhi Associates is AAO-0605. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Neelsidhi Associates was incorporated on 16 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Darshan Gopalji Palan was appointed as Designated Partner on 16 Jan 2019. Kalpesh Jamnadas Palan was appointed as Designated Partner on 16 Jan 2019. Neel Vilas Kothari was appointed as Partner on 16 Jan 2019. Neelsidhi Associates has 4 designated partner changes on record in total.
The registered office of Neelsidhi Associates is at Off No 301 Plot No. 195 Sector 12, Vashi, Maharashtra, India – 400703.
Neelsidhi Associates operates in the real estate and construction industry, in the real estate builders and developers segment.
Neelsidhi Associates has open charges of ₹50 Cr and satisfied charges of ₹100 Cr as per latest MCA filings.

