Patel Corporation LLP - construction in Mumbai, Maharashtra, India. Directors, charges & compliance details.
LLPIN AAA-2651 Incorporated 29 October 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Converted to LLP Limited Liability Partnership construction
Data last updated
Revenue · FY 2017
₹2,916
▼ 100% YoY
Contribution obligation
₹11.5 Lakh
As per LLP agreement
Open charges
₹45 Cr
Secured borrowings
LLP age
16 yrs
Est. 2010
Designated partners
5
As per MCA filings
Last financials
Mar 2017
Balance sheet date
LLP status
Converted to Company
MCA master data
Registrar
Mumbai
ROC office

About Patel Corporation LLP

Data last updated:

Patel Corporation LLP was a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the developers segment of the construction sector. It was incorporated on 29 October 2010.

The LLP was registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAA-2651.

The LLP had a total obligation of contribution of ₹11.5 Lakh. It was led by designated partners including Nimish Patel Rohitkumar and Daksha Arjunbhai Patel.

Its latest statement of accounts is for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.

As per MCA filings, the LLP has open charges of ₹45 Cr on record. Court records list 1 case involving the LLP, including 1 filed by the LLP.

Company Details of Patel Corporation LLP
LLPIN AAA-2651
Incorporation Date 29 October 2010
Total Obligation of Contribution ₹11.5 Lakh
ROC Mumbai
Company Status Converted to Company
Date of Last AGM 31 March 2018
Date of Balance Sheet 31 March 2017
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Room No. 1 5D A K. Patel Bunglow Linking Road V.P. Road Extn Near Arya Samaj Santacru, Z, Mumbai, Maharashtra, India – 400054
  • Industry
    Construction, Developers, Builders
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Financials, compliance, directors, charges, ownership and filings for Patel Corporation LLP in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Patel Corporation LLP FY 2017 filings available

Patel Corporation LLP reported revenue of ₹2,916 (down 100% YoY) for FY 2017.

Revenue · FY 2017
₹2,916 ▼ 100%

Compounded Annual Growth Rate (CAGR) of Patel Corporation LLP

Revenue CAGR growth
3 years · compounded
▼ 95%
5 years · compounded
▼ 82%

Revenue has declined at a compounded annual rate (CAGR) of 82% 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 of Patel Corporation LLP

Statement of Account and SolvencyFY 2016-17FY 2015-16FY 2014-15
Income and Expenditure
Turnover••••••••••••
Other Income••••••••••••
Total Income₹2,916••••••••
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 of Patel Corporation LLP

Statement of Account and SolvencyFY 2016-17FY 2015-16FY 2014-15
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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Patel Corporation are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Patel Corporation LLP

Patel Corporation LLP is audited by KARNESH N H & ASSOCIATES for the financial year 2014.

NameStatusAppointment DateCessation Date
KARNESH N H & ASSOCIATESLockedLockedLocked
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Designated Partners of Patel Corporation LLP

Patel Corporation has 5 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.

Designated Partners (as last reported)
NameDesignationAppointment DateTenureStatus
Nimish Patel RohitkumarPartner08 Feb 20188 Years 8 MonthsAs last reported
Daksha Arjunbhai PatelPartner08 Feb 20188 Years 8 MonthsAs last reported
Chandrika Pravin PatelPartner08 Feb 20188 Years 8 MonthsAs last reported
Rupen Pravinbhai PatelDesignated Partner29 Oct 201015 Years 11 MonthsAs last reported
Pravin Arjunbhai PatelPartner01 Feb 201610 Years 8 MonthsAs last reported

Ownership and Shareholding of Patel Corporation LLP

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Charges & Borrowings of Patel Corporation LLP

Open charges
₹45 Cr
Satisfied charges
None
Breakdown by lending institutions
Kotak Mahindra Prime Limited₹45.00 Cr
Latest charge details
DateLenderAmountStatus
14 Mar 2013Kotak Mahindra Prime Limited₹45 CrOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Patel Corporation LLP

Employment history and EPFO contributions of people linked to Patel Corporation.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Patel Corporation LLP

Patel Corporation LLP has 6 designated partner changes on record since 2010: 5 appointments and 1 cessation. The latest: Chandrika Pravin Patel was appointed as Partner on 08 Feb 2018.

AGM
Patel Corporation Llp last Annual general meeting of members was held on 31 Mar 2018 as per latest MCA records.
Appointed
Chandrika Pravin Patel was appointed as Partner.
Appointed
Daksha Arjunbhai Patel was appointed as Partner.
Appointed
Nimish Patel Rohitkumar was appointed as Partner.
Filing
Patel Corporation Llp has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Appointed
Pravin Arjunbhai Patel was appointed as Partner.
Ceased
Sonal Patel ceased to be Partner.
Charges
A charge with Kotak Mahindra Prime Limited amounted to Rs. 4,500.00 Lakh with Charge ID 10415888 was registered on 14 Mar 2013.
Appointed
Rupen Pravinbhai Patel was appointed as Designated Partner.
Incorporation
29 Oct 2010
Patel Corporation Llp was registered on 29 Oct 2010 with Roc Mumbai & aged 15 years 11 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Patel Corporation LLP

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Patel Corporation LLP

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MSME payment history

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Subsidiaries & Group Companies of Patel Corporation LLP

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Corporate group structure

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GST Compliance of Patel Corporation LLP

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MCA Filings & Documents of Patel Corporation LLP

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MCA filings and documents

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Frequently Asked Questions about Patel Corporation LLP

Patel Corporation has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.

Patel Corporation was a limited liability partnership based in Mumbai, Maharashtra, India. The LLP worked in developers, within the construction industry. It was incorporated on 29 October 2010 and is registered under LLPIN AAA-2651. For the latest details, refer to the successor company.

The LLPIN (Limited Liability Partnership Identification Number) of Patel Corporation is AAA-2651. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Patel Corporation had 5 designated partners:

Patel Corporation was incorporated on 29 October 2010. It is registered with the Registrar of Companies, Mumbai.

The registered office of Patel Corporation is at Room No. 1 5D A K. Patel Bunglow Linking Road V.P. Road Extn Near Arya Samaj Santacru, Z, Mumbai, Maharashtra, India – 400054.

The total obligation of contribution is ₹11.5 Lakh.

Patel Corporation operated in the construction industry, in the developers segment.

Patel Corporation has 1 court case on record: 1 filed by the LLP.

Chandrika Pravin Patel was appointed as Partner on 08 Feb 2018. Daksha Arjunbhai Patel was appointed as Partner on 08 Feb 2018. Nimish Patel Rohitkumar was appointed as Partner on 08 Feb 2018. Patel Corporation has 6 designated partner changes on record in total.

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