Shah and Sanghavi Developers LLP
About Shah and Sanghavi Developers LLP
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Shah and Sanghavi Developers 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 18 August 2011 and has been in existence for over 15 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAA-5962. Its GSTIN is 24ABZFS2921E1ZZ (Gujarat).
The LLP has a total obligation of contribution of ₹50 Lakh. It is led by designated partners including Moulin Harshilbhai Deliwala and Bhavesh Subhodhbhai Sanghavi.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 801 – 806 Sns Business Park Near S. D. Jain School Udhna Magdalla Road Vesu, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹50.44 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹20.72 Cr (net margin 41.1%) and EBITDA of ₹19.65 Cr (EBITDA margin 39%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 17% over five years.
As per MCA filings, the LLP has satisfied charges of ₹34.05 Cr on record.
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- Registered Address801 – 806 Sns Business Park Near S. D. Jain School Udhna Magdalla Road Vesu, Surat, Gujarat, India – 395007
- 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 Shah and Sanghavi Developers LLP FY 2025 filings available
Shah and Sanghavi Developers LLP reported revenue of ₹50.44 Cr (up 38% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Shah and Sanghavi Developers LLP
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 38% growth in the latest year. EBITDA fell 37% 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 of Shah and Sanghavi Developers 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 | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹20.72 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 Shah and Sanghavi Developers 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 | 41.1% | •••• | •••• | •••• | •••• |
| 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 Shah and Sanghavi Developers are in the company report.
Financial statements from 2015
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 Shah and Sanghavi Developers LLP
Shah and Sanghavi Developers has 5 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Ownership and Shareholding of Shah and Sanghavi Developers 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 Shah and Sanghavi Developers LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2016 | State Bank of India | ₹34.05 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Shah and Sanghavi Developers LLP
Employment history and EPFO contributions of people linked to Shah and Sanghavi Developers.
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 Shah and Sanghavi Developers LLP
Shah and Sanghavi Developers LLP has 7 designated partner changes on record since 2011: 5 appointments and 2 cessations. The latest: Moulin Harshilbhai Deliwala was appointed as Designated Partner on 01 Aug 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shah and Sanghavi Developers 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 Shah and Sanghavi Developers 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 Shah and Sanghavi Developers 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 Shah and Sanghavi Developers LLP
Shah and Sanghavi Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABZFS2921E1ZZ | Gujarat | Active | 01 Jul 2017 |
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 Shah and Sanghavi Developers 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 Shah and Sanghavi Developers LLP
Shah and Sanghavi Developers 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 18 August 2011 (15+ years old) and is registered under LLPIN AAA-5962.
Shah and Sanghavi Developers reported revenue of ₹50.44 Cr for FY 2023 (up 38% YoY).
Shah and Sanghavi Developers has 5 current designated partners:
- Moulin Harshilbhai Deliwala - Designated Partner
- Bhavesh Subhodhbhai Sanghavi - Designated Partner
- Devang Subodhbhai Sanghavi - Designated Partner
- Harshil Jasubhai Deliwala - Designated Partner
- Subodhbhai Mansukhlal Sanghavi - Designated Partner
Shah and Sanghavi Developers reported a net profit of ₹20.72 Cr (net margin 41.1%) and EBITDA of ₹19.65 Cr (EBITDA margin 39%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shah and Sanghavi Developers is 24% over three years and 17% over five years. In the latest year (FY 2023) revenue rose 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shah and Sanghavi Developers is 24ABZFS2921E1ZZ, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Shah and Sanghavi Developers is AAA-5962. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Shah and Sanghavi Developers was incorporated on 18 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Moulin Harshilbhai Deliwala was appointed as Designated Partner on 01 Aug 2021. Bhavesh Subhodhbhai Sanghavi ceased to be Partner on 19 Sep 2016. Harshil Jasubhai Deliwala ceased to be Partner on 19 Sep 2016. Shah and Sanghavi Developers has 7 designated partner changes on record in total.
The registered office of Shah and Sanghavi Developers is at 801 – 806 Sns Business Park Near S. D. Jain School Udhna Magdalla Road Vesu, Surat, Gujarat, India – 395007.