P&M Associates LLP
About P&M Associates LLP
Data last updated:
P&M Associates LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. The LLP is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the service-based operations segment of the diversified industries sector. It was incorporated on 21 April 2015.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAD-7986. The LLP has 2 GST registrations on record, none of which is active.
The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners including Nikhil Milapchand Jain and Sheetal Ritesh Jain.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at No. 78/6 Shankarappa Garde C – Block 8th Cross Magadi Road, Bangalore, Karnataka, India – 560023.
As per the financials filed for FY 2018, the LLP reported a revenue of ₹23.53 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹19.26 Lakh (net margin 0.8%) and EBITDA of ₹23.53 Cr (EBITDA margin 100%).
Court records list 2 cases involving the LLP, including 1 filed by the LLP and 1 filed against it; 1 case is pending.
Company details
Contact details
P&M Associates LLP's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 78/6 Shankarappa Garde C – Block 8th Cross Magadi Road, Bangalore, Karnataka, India – 560023
- IndustryOther Industry, Other Services
To see the full contact details of P&M 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 P&M Associates LLP
FY 2023 filings availableP&M Associates LLP reported revenue of ₹23.53 Cr (down 17% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year. EBITDA fell 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | |||
| Other Income | |||
| Total Income | ₹23.53 Cr | ||
| Purchases and Direct Costs | |||
| Personnel Expenses | |||
| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | ₹19.26 Lakh | ||
| 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 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | 0.8% | ||
| 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 P&M Associates LLP, buy the company report.
Designated partners of P&M Associates LLP
P&M Associates has 4 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Milapchand Jain | Designated Partner | 17 Aug 2017 | 9 Years 2 Months | As last reported |
| Sheetal Ritesh Jain Also directs: Jade Super Speciality LLP | Designated Partner | 21 Apr 2015 | 11 Years 6 Months | As last reported |
| Misrimal Kankaraj Mukesh Chhajed | Designated Partner | 21 Apr 2015 | 11 Years 6 Months | As last reported |
| Milapchand | Designated Partner | 21 Apr 2015 | 11 Years 6 Months | As last reported |
Auditor
P&M Associates LLP is audited by BAGRECHA & SINGHVI for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAGRECHA & SINGHVI | FY 2018 | 006339S |
Legal cases
P&M Associates LLP has 2 court cases on record: 1 filed by P&M Associates, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Jagadishchandra B Mistri Irp for Sona Alloys Pvt. Ltd | Pending |
| District court, BALLARI, Karnataka | Criminal complaint | Filed against the company by M/S Sathavahana Ispat Ltd., A Public Limited Company R/By Its Authorized Signatory R.Subhash | Disposed |
To see the full case history of P&M Associates 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 P&M Associates LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
P&M Associates has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of P&M Associates LLP, buy the company report.
Recent activity
P&M Associates LLP has 4 designated partner changes on record since 2015: 4 appointments. The latest: Nikhil Milapchand Jain was appointed as Designated Partner on 17 Aug 2017.
Frequently asked questions
P&M Associates is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The LLP may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
P&M Associates is a company under insolvency, formerly operating as a limited liability partnership based in Bangalore, Karnataka, India. The LLP works in other services, within the other industry industry. It was incorporated on 21 April 2015 and is registered under LLPIN AAD-7986. Caution is advised - the LLP may not have the legal capacity to fulfil new agreements.
P&M Associates has 4 current designated partners:
- Nikhil Milapchand Jain - Designated Partner
- Sheetal Ritesh Jain - Designated Partner
- Misrimal Kankaraj Mukesh Chhajed - Designated Partner
- Milapchand - Designated Partner
The latest financial statements of P&M Associates on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2016 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of P&M Associates is AAD-7986. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
P&M Associates has 2 court cases on record: 1 filed by the LLP and 1 filed against it. 1 is pending. Most are in the district courts.
P&M Associates was incorporated on 21 April 2015. It is registered with the Registrar of Companies, Bangalore.
Nikhil Milapchand Jain was appointed as Designated Partner on 17 Aug 2017. Milapchand was appointed as Designated Partner on 21 Apr 2015. Misrimal Kankaraj Mukesh Chhajed was appointed as Designated Partner on 21 Apr 2015. P&M Associates has 4 designated partner changes on record in total.
The registered office of P&M Associates is at No. 786 Shankarappa Garde C – Block 8th Cross Magadi Road, Bangalore, Karnataka, India – 560023.
No. P&M Associates has 2 GST registrations on record and all of them are cancelled or inactive.
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