Reflex Realty LLP
About Reflex Realty LLP
Data last updated:
Reflex 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 10 November 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAL-1037.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Manish Mahipatrai Shah and Vipul Mahipat Shah.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Suite # 301 3rd Floor Turf View 63 Dadarkar Compound Tardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹2.08 Lakh, a decline of 98% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The LLP is associated with 1 brand: Propreturns. Court records list 1 case involving the LLP, including 1 filed against it; 1 case is pending.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSuite # 301 3rd Floor Turf View 63 Dadarkar Compound Tardeo Road, Mumbai, Maharashtra, India – 400034
- 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 Reflex Realty LLP FY 2025 filings available
Reflex Realty LLP reported revenue of ₹2.08 Lakh (down 98% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Reflex Realty LLP
Revenue fell 98% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. 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 of Reflex Realty LLP
| 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 | •••• | •••• | •••• | •••• |
| 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 Reflex Realty LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| 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 Reflex Realty are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Reflex Realty LLP
Reflex Realty LLP is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Real Optimist India Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| MRP Innovations Private Limited | •••• | •••• | •••• | •••• | - | Dombivli, Maharashtra, India |
| Adept Real Estate Developers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Radek Projects Private Limited | •••• | •••• | •••• | •••• | - | East Delhi, Delhi, India |
| Shuchi Reality Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Reflex Realty LLP this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Livfree Construction Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Iona Fernandes Developers Private Limited | •••• | •••• | •••• | •••• | - | Goa, India |
| Uni International Private Limited | •••• | •••• | •••• | •••• | - | Dlf Qe, Haryana, India |
| Aavash Construction Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Dhurya Construction Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Reflex Realty by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Designated Partners of Reflex Realty LLP
Reflex Realty has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Mahipatrai Shah | Designated Partner | 10 Nov 2017 | 8 Years 10 Months | Current |
| Vipul Mahipat Shah | Designated Partner | 10 Nov 2017 | 8 Years 10 Months | Current |
| Rakesh Mahipatrai Shah Also directs: Reflex Projects LLP | Designated Partner | 10 Nov 2017 | 8 Years 10 Months | Current |
Charges & Borrowings of Reflex Realty LLP
Reflex Realty LLP does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Reflex Realty LLP
Reflex Realty LLP has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Reflex Realty LLP
Reflex Realty operates one associated brand: Propreturns. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital platform for real estate investments | propreturns.com |
Employees and EPFO Compliance at Reflex Realty LLP
Employment history and EPFO contributions of people linked to Reflex Realty.
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 Reflex Realty LLP
Reflex Realty LLP has 3 designated partner changes on record since 2017: 3 appointments. The latest: Manish Mahipatrai Shah was appointed as Designated Partner on 10 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for Reflex Realty 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 Reflex Realty 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 Reflex Realty 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 Reflex Realty 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 Reflex Realty 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 Reflex Realty LLP
Reflex 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 10 November 2017 (9+ years old) and is registered under LLPIN AAL-1037.
Reflex Realty reported revenue of ₹2.08 Lakh for FY 2021 (down 98% YoY).
Reflex Realty has 3 current designated partners:
- Manish Mahipatrai Shah - Designated Partner
- Vipul Mahipat Shah - Designated Partner
- Rakesh Mahipatrai Shah - Designated Partner
The compounded annual growth rate (CAGR) of the revenue of Reflex Realty is 19% over three years. In the latest year (FY 2021) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Reflex Realty is AAL-1037. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Reflex Realty has 1 court case on record: 1 filed against it. 1 is pending.
Reflex Realty was incorporated on 10 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Reflex Realty by revenue are Real Optimist India Limited, MRP Innovations Private Limited, Adept Real Estate Developers Private Limited, Radek Projects Private Limited, Shuchi Reality Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Manish Mahipatrai Shah was appointed as Designated Partner on 10 Nov 2017. Rakesh Mahipatrai Shah was appointed as Designated Partner on 10 Nov 2017. Vipul Mahipat Shah was appointed as Designated Partner on 10 Nov 2017.
The registered office of Reflex Realty is at Suite # 301 3rd Floor Turf View 63 Dadarkar Compound Tardeo Road, Mumbai, Maharashtra, India – 400034.
The total obligation of contribution is ₹1 Lakh.