Palm Shelter Estate Development LLP
About Palm Shelter Estate Development LLP
Data last updated:
Palm Shelter Estate Development 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 17 March 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAF-9705. Its GSTIN is 27AASFP3887E1ZM (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Neel Chandru Raheja and Ravi Chandru Raheja.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Raheja Tower Plot No. C – 30 Block 'G' Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051.
As per MCA filings, the LLP has open charges of ₹2,535 Cr on record. Court records list 2 cases involving the LLP, including 2 filed against it; 1 case is pending.
Company details
Contact details
Palm Shelter Estate Development LLP's registered office is in Mumbai, Maharashtra.
- Registered AddressRaheja Tower Plot No. C – 30 Block 'G' Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate 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
Financials of Palm Shelter Estate Development LLP
FY 2025 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 Palm Shelter Estate Development LLP, buy the company report.
Designated partners of Palm Shelter Estate Development LLP
Palm Shelter Estate Development has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neel Chandru Raheja | Designated Partner | 17 Mar 2016 | 10 Years 7 Months | Current |
| Ravi Chandru Raheja | Designated Partner | 17 Mar 2016 | 10 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2025 | 101216352 | Idbi Trusteeship Services Limited | ₹360 Cr | Open | |
| 27 Aug 2021 | 100480849 | Idbi Trusteeship Services Limited | ₹2,175 Cr | Open |
To see the full charge records of Palm Shelter Estate Development LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
Palm Shelter Estate Development LLP has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed against the company by Novel Properties Pvt Ltd Director Ramesh Ranganathan | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed against the company by Ashishwang Co Operative Housing Society Ltd | Disposed |
To see the full case history of Palm Shelter Estate Development LLP, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palm Shelter Estate Development LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palm Shelter Estate Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASFP3887E1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palm Shelter Estate Development LLP, buy the company report.
Recent activity
Palm Shelter Estate Development LLP has 4 designated partner changes on record since 2016: 4 appointments. The latest: Chandru Lachmandas Raheja was appointed as Partner on 17 Mar 2016.
Frequently asked questions
Palm Shelter Estate Development 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 17 March 2016 (10+ years old) and is registered under LLPIN AAF-9705.
Palm Shelter Estate Development has 2 current designated partners:
- Neel Chandru Raheja - Designated Partner
- Ravi Chandru Raheja - Designated Partner
The latest financial statements of Palm Shelter Estate Development 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 2016 are in the company report.
The GSTIN of Palm Shelter Estate Development is 27AASFP3887E1ZM, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Palm Shelter Estate Development is AAF-9705. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Palm Shelter Estate Development has 2 court cases on record: 2 filed against it. 1 is pending.
Palm Shelter Estate Development was incorporated on 17 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandru Lachmandas Raheja was appointed as Partner on 17 Mar 2016. Jyoti Chandru Raheja was appointed as Partner on 17 Mar 2016. Neel Chandru Raheja was appointed as Designated Partner on 17 Mar 2016. Palm Shelter Estate Development has 4 designated partner changes on record in total.
The registered office of Palm Shelter Estate Development is at Raheja Tower Plot No. C – 30 Block G Bandra Kurla Complex Bandra E, Mumbai, Maharashtra, India – 400051.
Palm Shelter Estate Development operates in the real estate and construction industry, in the real estate builders and developers segment.