About Princecare Homes LLP
Data last updated:
Princecare Homes LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 December 2010 and has been in existence for over 16 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAA-2983. Its GSTIN is 27AADFE2440F1ZV (Maharashtra).
The LLP has a total obligation of contribution of ₹5 Lakh. It is led by designated partners Raxit Mohanlal Pasad and Dharmesh Kishore Chheda.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 702 Runwal & Omkar Esquare Opp. Sion Chunnabhatti Signal Eastern Express Highway Sion., Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹22.45 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Cr (net margin 10%) and EBITDA of ₹2.26 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 264% over five years.
As per MCA filings, the LLP has satisfied charges of ₹53.21 Cr on record. Court records list 12 cases involving the LLP, including 4 filed by the LLP and 8 filed against it; 4 cases are pending.
For more details, the LLP can be reached via its website princecare.in.
Company details
Contact details
Princecare Homes LLP's registered office is in Mumbai, Maharashtra. Its website is princecare.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address702 Runwal & Omkar Esquare Opp. Sion Chunnabhatti Signal Eastern Express Highway Sion., Mumbai, Maharashtra, India – 400022
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Princecare Homes 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 Princecare Homes LLP
FY 2025 filings availablePrincecare Homes LLP reported revenue of ₹22.45 Cr (down 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 264%. EBITDA fell 63% in the latest year. 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹2.25 Cr | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 10% | ||||
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To see the full financial statements and ratios of Princecare Homes LLP, buy the company report.
Designated partners of Princecare Homes LLP
Princecare Homes has 2 current designated partners and 6 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raxit Mohanlal Pasad Also directs: Princecare Amaraa LLP, Rap Infotech Private Limited | Designated Partner | 30 Jun 2016 | 10 Years 3 Months | Current |
| Dharmesh Kishore Chheda | Designated Partner | 02 Dec 2010 | 15 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2019 | 100286846 | Housing Development Finance Corporation Limited | ₹20 Cr | Satisfied | |
| 05 Apr 2017 | 100088931 | Housing Development Finance Corporation Limited | ₹33 Cr | Satisfied | |
| 21 Sep 2016 | 100055422 | Toyota Financial Services India Limited | ₹20.8 Lakh | Satisfied |
To see the full charge records of Princecare Homes LLP, buy the company report.
Total charge records: 3 View all charges
Legal cases
Princecare Homes LLP has 12 court cases on record: 4 filed by Princecare Homes, 8 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 6 | 4 |
| District courts | 4 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sandu Homes LLP | Pending |
| High Court | Commercial suit | Filed by the company against Tridhaatu Aranya Developers LLP and 11 others | Pending |
| Bombay High Court | Writ petition | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed against the company by Mehta Mansion Co Operative Housing Society Ltd. | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Brihanmumbai Municipal Corporation and 2 others | Disposed |
To see the full case history of Princecare Homes 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 Princecare Homes LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Princecare Homes LLP has 1 active EPFO establishment as of Mar 28, 2024.
GST
Princecare Homes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADFE2440F1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Princecare Homes LLP, buy the company report.
Recent activity
Princecare Homes LLP has 8 designated partner changes on record since 2010: 2 appointments and 6 cessations. The latest: Bhavesh Kishore Chheda ceased to be Partner on 24 Oct 2023.
5 earlier events are in the company report.
Frequently asked questions
Princecare Homes is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 December 2010 (16+ years old) and is registered under LLPIN AAA-2983.
Princecare Homes has 2 current designated partners:
- Raxit Mohanlal Pasad - Designated Partner
- Dharmesh Kishore Chheda - Designated Partner
The latest financial statements of Princecare Homes 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 2015 are in the company report.
The GSTIN of Princecare Homes is 27AADFE2440F1ZV, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Princecare Homes is AAA-2983. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Princecare Homes has 12 court cases on record: 4 filed by the LLP and 8 filed against it. 4 are pending. Most are in the high courts.
Princecare Homes was incorporated on 02 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhavesh Kishore Chheda ceased to be Partner on 24 Oct 2023. Dharmesh Kishore Chheda ceased to be Partner on 06 Aug 2017. Kishore Shamji Chheda ceased to be Partner on 02 Mar 2017. Princecare Homes has 8 designated partner changes on record in total.
Princecare Homes can be reached through the website princecare.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Princecare Homes is at 702 Runwal & Omkar Esquare Opp. Sion Chunnabhatti Signal Eastern Express Highway Sion., Mumbai, Maharashtra, India – 400022.