Sheth Brothers Wealth Creation LLP

Sheth Brothers Wealth Creation LLP - financial services in Surat, Gujarat, India. Directors, charges & compliance details.
LLPIN AAF-8722 Incorporated 07 March 2016 ROC Ahmedabad HQ Surat, Gujarat, India
Active Limited Liability Partnership financial services
Data last updated
Contribution obligation
₹1 Lakh
As per LLP agreement
Satisfied charges
₹3.8 Cr
No open charges
LLP age
10 yrs
Est. 2016
Designated partners
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
LLP status
Active
MCA master data
Registrar
Ahmedabad
ROC office
Incorporated
07 Mar 2016
Date of incorporation

About Sheth Brothers Wealth Creation LLP

Data last updated:

Sheth Brothers Wealth Creation LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 07 March 2016 and has been in existence for over 10 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAF-8722.

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Sunil Kanaiyalal Kelawala and Vipul Suryakant Shah.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Surat, Gujarat.

As per MCA filings, the LLP has satisfied charges of ₹3.8 Cr on record.

Company details

LLPIN AAF-8722
Incorporation Date 07 March 2016
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025

Contact details

Sheth Brothers Wealth Creation LLP's registered office is in Surat, Gujarat.

  • Registered Address
    Flat No 21 Sundar Chambers, Near Parul Petrol Pump Adajan Patia, Surat, Gujarat, India – 395009
  • Industry
    Financial Services, Diversified Financial Services
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Financials of Sheth Brothers Wealth Creation LLP

FY 2025 filings available

Financial Statement Summary

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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

To see the full financial statements and ratios of Sheth Brothers Wealth Creation LLP, buy the company report.

Designated partners of Sheth Brothers Wealth Creation LLP

Sheth Brothers Wealth Creation has 2 current designated partners and 5 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Sunil Kanaiyalal KelawalaDesignated Partner22 Sep 20206 Years 1 MonthsCurrent
Vipul Suryakant ShahDesignated Partner03 Oct 20179 Years 0 MonthsCurrent

Charges & borrowings

Open charges
None
Satisfied charges
₹3.8 Cr
Breakdown by lending institutions
Central Bank of India₹3.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jun 2017100109750Central Bank of India₹3.8 CrSatisfied

To see the full charge records of Sheth Brothers Wealth Creation LLP, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sheth Brothers Wealth Creation LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Sheth Brothers Wealth Creation LLP; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Sheth Brothers Wealth Creation LLP has 7 designated partner changes on record since 2016: 2 appointments and 5 cessations. The latest: Harishbhai Champaklal Gandhi ceased to be Designated Partner on 22 Sep 2020.

AGM
Sheth Brothers Wealth Creation Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Sheth Brothers Wealth Creation Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 13 Jun 2017 via Charge ID 100109750 with Central Bank Of India was fully satisfied on 02 Nov 2023.
Ceased
Harishbhai Champaklal Gandhi ceased to be Designated Partner.
Appointed
Sunil Kanaiyalal Kelawala was appointed as Designated Partner.
Ceased
Nirag Shah Sureshbhai ceased to be Designated Partner.
Ceased
Sunil Kanaiyalal Kelawala ceased to be Designated Partner.
Appointed
Vipul Suryakant Shah was appointed as Designated Partner.
Charges
A charge with Central Bank Of India amounted to Rs. 380.00 Lakh with Charge ID 100109750 was registered on 13 Jun 2017.
Ceased
Prabhaben Narottamdas Sheth ceased to be Designated Partner.
Ceased
Vipul Suryakant Shah ceased to be Designated Partner.
Incorporation
07 Mar 2016
Sheth Brothers Wealth Creation Llp was registered on 07 Mar 2016 with Roc Ahmedabad & aged 10 years 7 months as per MCA records.

Frequently asked questions

Sheth Brothers Wealth Creation is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in diversified financial services, within the financial services industry. It was incorporated on 07 March 2016 (10+ years old) and is registered under LLPIN AAF-8722.

Sheth Brothers Wealth Creation has 2 current designated partners:

The latest financial statements of Sheth Brothers Wealth Creation 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 FY 2016 are in the company report.

The LLPIN (Limited Liability Partnership Identification Number) of Sheth Brothers Wealth Creation is AAF-8722. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Sheth Brothers Wealth Creation was incorporated on 07 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Harishbhai Champaklal Gandhi ceased to be Designated Partner on 22 Sep 2020. Sunil Kanaiyalal Kelawala was appointed as Designated Partner on 22 Sep 2020. Nirag Shah Sureshbhai ceased to be Designated Partner on 30 Jun 2018. Sheth Brothers Wealth Creation has 7 designated partner changes on record in total.

The registered office of Sheth Brothers Wealth Creation is at Flat No 21 Sundar Chambers, Near Parul Petrol Pump Adajan Patia, Surat, Gujarat, India – 395009.

Sheth Brothers Wealth Creation operates in the financial services industry, in the diversified financial services segment.

Sheth Brothers Wealth Creation has no open charges and satisfied charges of ₹3.8 Cr as per latest MCA filings.

Sheth Brothers Wealth Creation can be reached at its registered office: Flat No 21 Sundar Chambers, Near Parul Petrol Pump Adajan Patia, Surat, Gujarat, India – 395009.