Praxis Business Ventures LLP
About Praxis Business Ventures LLP
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Praxis Business Ventures LLP is a limited liability partnership (LLP) based in Thane, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 May 2012 and has been in existence for over 14 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAA-9232. The LLP has 1 GST registration on record, which is no longer active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Radha Sitaraman and Mahinder Shyamlal Kukreti.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Sector 19, Thane, Maharashtra.
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- Registered AddressOffice No. 251 Satra Plaza Plot No. 19 And 20, Sector 19D Palm Beach Road Vashi Navi Mumbai, Thane, Maharashtra, India – 400705
- 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
- One PDF report, delivered after checkout
Financials of Praxis Business Ventures LLP FY 2025 filings available
Financial Statement Summary of Praxis Business Ventures LLP
| 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 of Praxis Business Ventures LLP
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Praxis Business Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Praxis Business Ventures LLP
Praxis Business Ventures has 3 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 |
|---|---|---|---|---|
| Radha Sitaraman Also directs: Ixia Solutions LLP, Pixie Business Ventures LLP, Enki Systems Private Limited and 3 more | Designated Partner | 27 Sep 2025 | 1 Years 0 Months | Current |
| Mahinder Shyamlal Kukreti Also directs: Olympeo Infrastructure LLP, Ixia Solutions LLP, Invictus Business Ventures LLP and 5 more | Designated Partner | 29 Sep 2025 | 1 Years 0 Months | Current |
| Santosh Narayan Bare Also directs: Pixie Business Ventures LLP, Radix Multiventures LLP | Designated Partner | 29 Sep 2025 | 1 Years 0 Months | Current |
Charges & Borrowings of Praxis Business Ventures LLP
Praxis Business Ventures LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Praxis Business Ventures LLP
Employment history and EPFO contributions of people linked to Praxis Business Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Praxis Business Ventures LLP
Praxis Business Ventures LLP has 10 designated partner changes on record since 2017: 3 appointments and 7 cessations. The latest: Mahinder Shyamlal Kukreti was appointed as Designated Partner on 29 Sep 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Praxis Business Ventures LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Praxis Business Ventures LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Praxis Business Ventures LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Praxis Business Ventures LLP
Praxis Business Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Praxis Business Ventures LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Praxis Business Ventures LLP
Praxis Business Ventures is an active limited liability partnership based in Thane, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 May 2012 (14+ years old) and is registered under LLPIN AAA-9232.
Praxis Business Ventures has 3 current designated partners:
- Radha Sitaraman - Designated Partner
- Mahinder Shyamlal Kukreti - Designated Partner
- Santosh Narayan Bare - Designated Partner
No. Praxis Business Ventures has 1 GST registration on record and it is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Praxis Business Ventures is AAA-9232. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Praxis Business Ventures was incorporated on 15 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahinder Shyamlal Kukreti was appointed as Designated Partner on 29 Sep 2025. Poonam Rajendra Sharma ceased to be Designated Partner on 29 Sep 2025. Santosh Narayan Bare was appointed as Designated Partner on 29 Sep 2025. Praxis Business Ventures has 10 designated partner changes on record in total.
The registered office of Praxis Business Ventures is at Office No. 251 Satra Plaza Plot No. 19 And 20, Sector 19D Palm Beach Road Vashi Navi Mumbai, Thane, Maharashtra, India – 400705.
The total obligation of contribution is ₹1 Lakh.
Praxis Business Ventures operates in the real estate and construction industry, in the real estate builders and developers segment.
Praxis Business Ventures can be reached at its registered office: Office No. 251 Satra Plaza Plot No. 19 And 20, Sector 19D Palm Beach Road Vashi Navi Mumbai, Thane, Maharashtra, India – 400705.