Rak Magnum Realty LLP
About Rak Magnum Realty LLP
Data last updated:
Rak Magnum Realty 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 27 November 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAF-2313. Its GSTIN is 27AAMFA9943L1ZR (Maharashtra).
The LLP has a total obligation of contribution of ₹21 Lakh. It is led by designated partners Devang Hemantkumar Vyas and Ashok Khemchand Kothari.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at C.S. No 12/50 Tawripada Dr. S.S. Rao Road Lalbaug, Mumbai, Maharashtra, India – 400012.
As per MCA filings, the LLP has open charges of ₹20.5 Cr and satisfied charges of ₹14 Cr on record. Court records list 32 cases involving the LLP, including 20 filed by the LLP and 12 filed against it; 9 cases are pending.
Company details
Contact details
Rak Magnum Realty LLP's registered office is in Mumbai, Maharashtra.
- Registered AddressC.S. No 12/50 Tawripada Dr. S.S. Rao Road Lalbaug, Mumbai, Maharashtra, India – 400012
- 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
Financials of Rak Magnum Realty LLP
FY 2023 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Rak Magnum Realty LLP, buy the company report.
Designated partners of Rak Magnum Realty LLP
Rak Magnum Realty has 2 current designated partners and 10 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Hemantkumar Vyas Also directs: Prag Bosimi Synthetics Ltd, Taamra Engineering Consultants India Private Limited, Industrial Estates Private Limited and 5 more | Designated Partner | 21 Jan 2021 | 5 Years 9 Months | Current |
| Ashok Khemchand Kothari Also directs: Industrial Estates Private Limited, Rak Buildmart LLP, Bridgeview Real Estate Development LLP and 5 more | Designated Partner | 31 Dec 2024 | 1 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2025 | 101057953 | Sheth Fincap Services Private Limited | ₹15.5 Cr | Open | |
| 04 Mar 2022 | 100631241 | Finkurve Financial Services Limited | ₹5 Cr | Open | |
| 25 Nov 2022 | 100807038 | Sheth Fincap Services Private Limited | ₹14 Cr | Satisfied |
To see the full charge records of Rak Magnum Realty LLP, buy the company report.
Total charge records: 3 View all charges
Legal cases
Rak Magnum Realty LLP has 32 court cases on record: 20 filed by Rak Magnum Realty, 12 filed against it. 9 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 3 | 4 |
| High courts | 10 | 6 | 5 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Gundecha Construction Pvt Ltd | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed by the company against Fashion India LLP | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Cosmic Landscapes Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Anchor Enterprises Private Limited | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe.Appln.) | Filed against the company by an individual | Pending |
To see the full case history of Rak Magnum Realty 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 Rak Magnum Realty LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rak Magnum Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMFA9943L1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rak Magnum Realty LLP, buy the company report.
Recent activity
Rak Magnum Realty LLP has 12 designated partner changes on record since 2016: 2 appointments and 10 cessations. The latest: Ashok Khemchand Kothari was appointed as Designated Partner on 31 Dec 2024.
7 earlier events are in the company report.
Frequently asked questions
Rak Magnum Realty 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 27 November 2015 (11+ years old) and is registered under LLPIN AAF-2313.
Rak Magnum Realty has 2 current designated partners:
- Devang Hemantkumar Vyas - Designated Partner
- Ashok Khemchand Kothari - Designated Partner
The latest financial statements of Rak Magnum Realty on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Rak Magnum Realty is 27AAMFA9943L1ZR, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Rak Magnum Realty is AAF-2313. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Rak Magnum Realty has 32 court cases on record: 20 filed by the LLP and 12 filed against it. 9 are pending. Most are in the district courts.
Rak Magnum Realty was incorporated on 27 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Khemchand Kothari was appointed as Designated Partner on 31 Dec 2024. Varun Ashokkumar Kothari ceased to be Designated Partner on 30 Dec 2024. Devang Hemantkumar Vyas was appointed as Designated Partner on 21 Jan 2021. Rak Magnum Realty has 12 designated partner changes on record in total.
The registered office of Rak Magnum Realty is at C.S. No 1250 Tawripada Dr. S.S. Rao Road Lalbaug, Mumbai, Maharashtra, India – 400012.
Rak Magnum Realty operates in the real estate and construction industry, in the real estate builders and developers segment.