Polyline Properties LLP
About Polyline Properties LLP
Data last updated:
Polyline Properties LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 January 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAL-8929.
The LLP has a total obligation of contribution of ₹60,000. It is led by designated partners Aniruddh Darshanbhai Jhaveri and Gaurav Hasmukh Gadhecha.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹65.63 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.23 Lakh (net margin 12.5%) and EBITDA of ₹21.54 Lakh (EBITDA margin 32.8%).
As per MCA filings, the LLP has open charges of ₹16.21 Cr and satisfied charges of ₹12.2 Cr on record.
Company details
Contact details
Polyline Properties LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressOne42 701 To 703 North Tower F.P. No. 142 Off Ambli Bop, Al Road, Ahmedabad, Gujarat, India – 380054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Polyline Properties 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 Polyline Properties LLP
FY 2025 filings availablePolyline Properties LLP reported revenue of ₹65.63 Lakh (up 175% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 175% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ₹65.63 Lakh | |||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
| Administrative Expenses | ||||
| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | ₹8.23 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 12.5% | |||
| 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 Polyline Properties LLP, buy the company report.
Designated partners of Polyline Properties LLP
Polyline Properties has 2 current designated partners and 7 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aniruddh Darshanbhai Jhaveri | Designated Partner | 07 Sep 2019 | 7 Years 1 Months | Current |
| Gaurav Hasmukh Gadhecha | Designated Partner | 03 Jun 2020 | 6 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2026 | 101231767 | Kotak Mahindra Bank Limited | ₹7.5 Cr | Open | |
| 27 Jan 2026 | 101231773 | Kotak Mahindra Bank Limited | ₹7.5 Cr | Open | |
| 10 Mar 2023 | 100714078 | Icici Bank Limited | ₹1.21 Cr | Open | |
| 26 Aug 2022 | 100618792 | Icici Bank Limited | ₹12.2 Cr | Satisfied |
To see the full charge records of Polyline Properties LLP, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Polyline Properties 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 Polyline Properties LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Polyline Properties LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Polyline Properties LLP has 10 designated partner changes on record since 2019: 6 appointments and 4 cessations. The latest: Jatin Gulabrai Parekh ceased to be Partner on 30 Sep 2025.
8 earlier events are in the company report.
Frequently asked questions
Polyline Properties is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 January 2018 (8+ years old) and is registered under LLPIN AAL-8929.
Polyline Properties has 2 current designated partners:
- Aniruddh Darshanbhai Jhaveri - Designated Partner
- Gaurav Hasmukh Gadhecha - Designated Partner
The latest financial statements of Polyline Properties 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 Polyline Properties is AAL-8929. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Polyline Properties was incorporated on 31 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jatin Gulabrai Parekh ceased to be Partner on 30 Sep 2025. Gaurav Hasmukh Gadhecha was appointed as Designated Partner on 03 Jun 2020. Shaan Anand Zaveri was appointed as Partner on 03 Jun 2020. Polyline Properties has 10 designated partner changes on record in total.
The registered office of Polyline Properties is at One42 701 To 703 North Tower F.P. No. 142 Off Ambli Bop, Al Road, Ahmedabad, Gujarat, India – 380054.
Polyline Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
Polyline Properties has open charges of ₹16.21 Cr and satisfied charges of ₹12.2 Cr as per latest MCA filings.
Polyline Properties can be reached at its registered office: One42 701 To 703 North Tower F.P. No. 142 Off Ambli Bop, Al Road, Ahmedabad, Gujarat, India – 380054.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
