Savan Infraavenue LLP
About Savan Infraavenue LLP
Data last updated:
Savan Infraavenue LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 February 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAI-5804. Its GSTIN is 24ADGFS9618D1Z0 (Gujarat).
The LLP has a total obligation of contribution of ₹1 Cr. It is led by designated partners including Mukul Mahavir Shah and Mahavir Shah.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at Shop No. 2 Arihant Mall Plot No. 2 & 3 Amarkunj Society Ghod Dod Road, Surat, Gujarat, India – 395001.
As per the financials filed for FY 2020, the LLP reported a revenue of ₹6.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.43 Lakh (net margin 0.4%) and EBITDA of ₹46.59 Lakh (EBITDA margin 7.2%).
As per MCA filings, the LLP has open charges of ₹49.04 Cr and satisfied charges of ₹5 Cr on record. Court records list 6 cases involving the LLP, including 6 filed against it; 3 cases are pending.
Company details
Contact details
Savan Infraavenue LLP's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 2 Arihant Mall Plot No. 2 & 3 Amarkunj Society Ghod Dod Road, Surat, Gujarat, India – 395001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Savan Infraavenue 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 Savan Infraavenue LLP
FY 2023 filings availableSavan Infraavenue LLP reported revenue of ₹6.45 Cr (up 456% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 456% in the latest year. EBITDA rose 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit After Tax | ₹2.43 Lakh | |||
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Financial Ratios
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Net Profit Margin | 0.4% | |||
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To see the full financial statements and ratios of Savan Infraavenue LLP, buy the company report.
Designated partners of Savan Infraavenue LLP
Savan Infraavenue has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukul Mahavir Shah | Designated Partner | 16 Feb 2017 | 9 Years 8 Months | Current |
| Mahavir Shah Also directs: Arihant Gems and Jewelleries Private Limited, Superia Heights LLP, Radhe Buildspace LLP and 2 more | Designated Partner | 16 Feb 2017 | 9 Years 8 Months | Current |
| Prabha Shah Also directs: Arihant Gems and Jewelleries Private Limited | Designated Partner | 16 Feb 2017 | 9 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2019 | 100301383 | State Bank of India | ₹49.04 Cr | Open | |
| 04 Oct 2018 | 100211532 | Pnb Housing Finance Limited | ₹5 Cr | Satisfied |
To see the full charge records of Savan Infraavenue LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
Savan Infraavenue LLP has 6 court cases on record: 6 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Post Tension Services (Gujarat)Llp Through Its Authorized Person-Vipul M.Mistry | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Ultra Tech Cement Limited - Authorised Signatory and Poa Kalpeshkumar Dalsukhbhai Patel | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Post Tension Services, (Gujarat) LLP, | Disposed |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Pramodkumar Birbhan Mittal Partner of M/S Tirupati Sales Corporation | Pending |
| District court, SURAT, Gujarat | Court case (SPCS) | Filed against the company by individuals | Pending |
To see the full case history of Savan Infraavenue 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.
Credit ratings & regulatory alerts
Savan Infraavenue LLP was last rated by Care on 04 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Jan 2023 |
To see the full credit ratings and regulatory alerts of Savan Infraavenue LLP, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Savan Infraavenue LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Savan Infraavenue LLP has 1 active EPFO establishment as of Mar 29, 2024.
GST
Savan Infraavenue has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ADGFS9618D1Z0 | Gujarat | Active | 05 Aug 2017 |
To see the full GST registrations and return filing status of Savan Infraavenue LLP, buy the company report.
Recent activity
Savan Infraavenue LLP has 3 designated partner changes on record since 2017: 3 appointments. The latest: Mahavir Shah was appointed as Designated Partner on 16 Feb 2017.
Frequently asked questions
Savan Infraavenue is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 February 2017 (9+ years old) and is registered under LLPIN AAI-5804.
Savan Infraavenue has 3 current designated partners:
- Mukul Mahavir Shah - Designated Partner
- Mahavir Shah - Designated Partner
- Prabha Shah - Designated Partner
The latest financial statements of Savan Infraavenue on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Savan Infraavenue is 24ADGFS9618D1Z0, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Savan Infraavenue is AAI-5804. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Savan Infraavenue has 6 court cases on record: 6 filed against it. 3 are pending.
Savan Infraavenue was incorporated on 16 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mahavir Shah was appointed as Designated Partner on 16 Feb 2017. Mukul Mahavir Shah was appointed as Designated Partner on 16 Feb 2017. Prabha Shah was appointed as Designated Partner on 16 Feb 2017.
The registered office of Savan Infraavenue is at Shop No. 2 Arihant Mall Plot No. 2 & 3 Amarkunj Society Ghod Dod Road, Surat, Gujarat, India – 395001.
Savan Infraavenue operates in the real estate and construction industry, in the real estate builders and developers segment.