- Udyam number
- UDYAM-MH-18-0029678

NTPL Developers LLP
About NTPL Developers LLP
Data last updated:
NTPL Developers LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 March 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAM-3246.
The LLP has a total obligation of contribution of ₹31 Lakh. It is led by designated partners including Rajnikant Shamalji Ajmera and Harsh Mehta.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹136.74 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹6.97 Cr (net margin 5.1%) and EBITDA of ₹1.84 Cr (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The LLP has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹214.44 Cr and satisfied charges of ₹1,100 Cr on record.
NTPL Developers LLP is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0029678).
Company details
Recognitions & Rankings of NTPL Developers
Contact details
NTPL Developers LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressTimes Square Cts No.758/759 Opp Mittal Industrial Estate Marol Andhe, Ri(E), Mumbai, Maharashtra, India – 400059
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of NTPL Developers 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 NTPL Developers LLP
FY 2025 filings availableNTPL Developers LLP reported revenue of ₹136.74 Cr (down 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 18% fall in the latest year. EBITDA fell 90% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profit After Tax | ₹6.97 Cr | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Net Profit Margin | 5.1% | ||||
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To see the full financial statements and ratios of NTPL Developers LLP, buy the company report.
Designated partners of NTPL Developers LLP
NTPL Developers has 3 current designated partners and 5 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajnikant Shamalji Ajmera | Designated Partner | 27 Mar 2018 | 8 Years 7 Months | Current |
| Harsh Mehta Also directs: Nilkanth Tech Park Construction Private Limited, Eternal Amnv Foundation, Shree Precoated Steels Limited and 3 more | Designated Partner | 27 Mar 2018 | 8 Years 7 Months | Current |
| Dhaval Rajnikant Ajmera Also directs: Times Square Facility Management LLP, Times Square Property Management LLP, Ajmera Clean Green Energy Limited and 5 more | Designated Partner | 27 Mar 2018 | 8 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2025 | 101115429 | Icici Bank Limited | ₹20 Cr | Open | |
| 31 Jan 2025 | 101052735 | Axis Bank Limited | ₹49 Cr | Open | |
| 14 Jun 2024 | 100967457 | Icici Bank Limited | ₹144 Cr | Open | |
| 17 Nov 2023 | 100815917 | Axis Bank Limited | ₹25 Lakh | Open | |
| 17 Feb 2023 | 100772352 | Hdfc Bank Limited | ₹1.19 Cr | Open |
To see the full charge records of NTPL Developers LLP, buy the company report.
Total charge records: 13 View all charges
Legal cases
No court or tribunal cases involving NTPL 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 NTPL Developers LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
NTPL Developers LLP has a workforce of 2 employees on its EPFO records as of Jan 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 2 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of NTPL Developers LLP, buy the company report.
GST
No GST registration is on our record for NTPL Developers LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
NTPL Developers LLP has 8 designated partner changes on record since 2018: 7 appointments and 1 cessation. The latest: Yogesh Uttamlal Mehta ceased to be Partner on 01 Apr 2025.
20 earlier events are in the company report.
Frequently asked questions
NTPL Developers is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 March 2018 (8+ years old) and is registered under LLPIN AAM-3246.
NTPL Developers has 3 current designated partners:
- Rajnikant Shamalji Ajmera - Designated Partner
- Harsh Mehta - Designated Partner
- Dhaval Rajnikant Ajmera - Designated Partner
The latest financial statements of NTPL 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 2018 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of NTPL Developers is AAM-3246. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
NTPL Developers was incorporated on 27 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Yogesh Uttamlal Mehta ceased to be Partner on 01 Apr 2025. Bharatiben Rajnikant Ajmera was appointed as Partner on 27 Mar 2018. Dhaval Rajnikant Ajmera was appointed as Designated Partner on 27 Mar 2018. NTPL Developers has 8 designated partner changes on record in total.
Yes, NTPL Developers is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0029678).
The registered office of NTPL Developers is at Times Square Cts No.758759 Opp Mittal Industrial Estate Marol Andhe, RiE, Mumbai, Maharashtra, India – 400059.
NTPL Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
NTPL Developers has open charges of ₹214.44 Cr and satisfied charges of ₹1,100 Cr as per latest MCA filings.

