Neelsidhi Associates LLP - real estate and construction in Vashi, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAO-0605 Incorporated 16 January 2019 ROC Mumbai HQ Vashi, Maharashtra, India
Active Limited Liability Partnership real estate and construction
Data last updated
Revenue · FY 2023
₹70.97 Cr
▲ 63885% YoY
Net profit · FY 2023
₹10.8 Cr
Net margin 15.2%
EBITDA · FY 2023
₹46.49 Cr
EBITDA margin 65.5%
Contribution obligation
₹50,000
As per LLP agreement
Open charges
₹50 Cr
Satisfied ₹100 Cr
LLP age
7 yrs
Est. 2019
Designated partners
4
As per MCA filings
Active GSTINs
1
GST registered

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

LLPIN AAO-0605
Incorporation Date 16 January 2019
Total Obligation of Contribution ₹50,000
ROC Mumbai
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025

Contact details

Neelsidhi Associates LLP's registered office is in Vashi, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Off No 301 Plot No. 195 Sector 12, Vashi, Maharashtra, India – 400703
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Neelsidhi Associates LLP, buy the company report.

Comprehensive company report
Neelsidhi Associates LLP - one report that includes everything
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  • 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 Neelsidhi Associates LLP

FY 2025 filings available

Neelsidhi Associates LLP reported revenue of ₹70.97 Cr (up 63885% YoY) for FY 2023.

Revenue · FY 2023
₹70.97 Cr ▲ 63885%
Net profit · FY 2023
₹10.8 Cr margin 15.2%
EBITDA · FY 2023
₹46.49 Cr margin 65.5%

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
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹10.8 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 Margin15.2%
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 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.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Darshan Gopalji PalanDesignated Partner16 Jan 20197 Years 9 MonthsCurrent
Vilas Madanlal KothariDesignated Partner16 Jan 20197 Years 9 MonthsCurrent
Neel Vilas KothariPartner16 Jan 20197 Years 9 MonthsCurrent
Kalpesh Jamnadas PalanDesignated Partner16 Jan 20197 Years 9 MonthsCurrent

Charges & borrowings

Open charges
₹50 Cr
Satisfied charges
₹100 Cr
Breakdown by lending institutions
Kotak Mahindra Investments Limited₹50.00 Cr
Kotak Mahindra Prime Limited₹50.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Apr 2025101105632Kotak Mahindra Investments Limited₹50 CrSatisfied
22 Mar 2022100632379Kotak Mahindra Prime Limited₹50 CrSatisfied

To see the full charge records of Neelsidhi Associates LLP, buy the company report.

Total charge records: 2 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAQFN1586J1ZNMaharashtraActive05 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.

Charges
A charge registered on 30 Apr 2025 via Charge ID 101105632 with Kotak Mahindra Investments Limited was fully satisfied on 08 Dec 2025.
Charges
A charge with Kotak Mahindra Investments Limited amounted to Rs. 500,000,000.00 with Charge ID 101105632 was registered on 30 Apr 2025.
AGM
Neelsidhi Associates Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Neelsidhi Associates Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 22 Mar 2022 via Charge ID 100632379 with Kotak Mahindra Prime Limited was fully satisfied on 29 Nov 2024.
Charges
A charge with Kotak Mahindra Prime Limited of Rs. 500,000,000.00 registered on 22 Mar 2022 with Charge ID 100632379 was modified on 23 Apr 2022.
Charges
A charge with Kotak Mahindra Prime Limited amounted to Rs. 500,000,000.00 with Charge ID 100632379 was registered on 22 Mar 2022.
Appointed
Darshan Gopalji Palan was appointed as Designated Partner.
Appointed
Kalpesh Jamnadas Palan was appointed as Designated Partner.
Appointed
Neel Vilas Kothari was appointed as Partner.
Appointed
Vilas Madanlal Kothari was appointed as Designated Partner.
Incorporation
16 Jan 2019
Neelsidhi Associates Llp was registered on 16 Jan 2019 with Roc Mumbai & aged 7 years 9 months as per MCA records.

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:

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.