Precious Development LLP
About Precious Development LLP
Data last updated:
Precious Development LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 16 January 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAO-0453.
The LLP has a total obligation of contribution of ₹19.34 Cr. It is led by designated partners including Vinay Kumar Kothari and Navrattan Kothari.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹26.9 Cr. For the same year it recorded a net profit of ₹26.89 Cr (net margin 100%) and EBITDA of -₹19,206 (EBITDA margin 0%).
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- Registered Address3rd Floor Kgk Tower II Dattapada Road Rajendra Nagar Near Ekta Bhoomi Gardens Borivali, (East), Mumbai, Maharashtra, India – 400066
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Precious Development LLP FY 2025 filings available
Precious Development LLP reported revenue of ₹26.9 Cr for FY 2023.
Financial Statement Summary of Precious Development LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹26.9 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹26.89 Cr | •••• | •••• | •••• | •••• |
| 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 Precious Development LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 100% | •••• | •••• | •••• | •••• |
| 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 Precious Development are in the company report.
Financial statements from FY 2019
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 Precious Development LLP
Precious Development has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Kumar Kothari Also directs: Ring Road Realties LLP, Panna Agro Pvt Ltd, Deepaangan Developers Private Limited and 5 more | Designated Partner | 16 Jan 2019 | 7 Years 8 Months | Current |
| Navrattan Kothari Also directs: Bagru Industrial Park Maintenance LLP, Precious Color Crystals LLP, NPV Buildtech LLP and 5 more | Designated Partner | 16 Jan 2019 | 7 Years 8 Months | Current |
| Prakash Chand Kothari Also directs: Pinkcity Gardens Private Limited, Prerna Agricultural Farms Private Limited, Tanmaya Gardens Private Limited and 5 more | Designated Partner | 16 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Precious Development LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Precious Development LLP
Precious Development LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Precious Development LLP
Employment history and EPFO contributions of people linked to Precious Development.
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 Precious Development LLP
Precious Development LLP has 3 designated partner changes on record since 2019: 3 appointments. The latest: Navrattan Kothari was appointed as Designated Partner on 16 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Precious Development 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 Precious Development 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 Precious Development 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 Precious Development LLP
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 Precious Development 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 Precious Development LLP
Precious Development is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in general construction services, within the infrastructure and utilities industry. It was incorporated on 16 January 2019 (7+ years old) and is registered under LLPIN AAO-0453.
Precious Development reported revenue of ₹26.9 Cr for FY 2023.
Precious Development has 3 current designated partners:
- Vinay Kumar Kothari - Designated Partner
- Navrattan Kothari - Designated Partner
- Prakash Chand Kothari - Designated Partner
Precious Development reported a net profit of ₹26.89 Cr (net margin 100%) and EBITDA of -₹19,206 (EBITDA margin 0%) for FY 2023, as per its filed financial statements.
The LLPIN (Limited Liability Partnership Identification Number) of Precious Development is AAO-0453. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Precious Development was incorporated on 16 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Navrattan Kothari was appointed as Designated Partner on 16 Jan 2019. Prakash Chand Kothari was appointed as Designated Partner on 16 Jan 2019. Vinay Kumar Kothari was appointed as Designated Partner on 16 Jan 2019.
The registered office of Precious Development is at 3rd Floor Kgk Tower II Dattapada Road Rajendra Nagar Near Ekta Bhoomi Gardens Borivali, East, Mumbai, Maharashtra, India – 400066.
The total obligation of contribution is ₹19.34 Cr.
Precious Development operates in the infrastructure and utilities industry, in the general construction services segment.