SNN Properties LLP - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
LLPIN AAA-8330 Incorporated 13 March 2012 ROC Bangalore HQ Bangalore, Karnataka, India
Active Limited Liability Partnership real estate and construction MSME · Small
Data last updated
Revenue · FY 2023
₹2.06 Cr
▼ 93% YoY
Net loss · FY 2023
₹5.62 Cr
Net margin -272.5%
EBITDA · FY 2023
-₹65.47 Cr
Latest filing
Contribution obligation
₹24 Cr
As per LLP agreement
Open charges
₹148.56 Cr
Satisfied ₹303.9 Cr
LLP age
14 yrs
Est. 2012
Employees · EPFO
19
Provident fund records
Designated partners
3
As per MCA filings

About SNN Properties LLP

Data last updated:

SNN Properties LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 March 2012 and has been in existence for over 14 years.

The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAA-8330. Its GSTIN is 29ACCFS2149A1ZE (Karnataka).

The LLP has a total obligation of contribution of ₹24 Cr. It is led by designated partners including Shah Sanjay and Shah Akshat.

Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹2.06 Cr, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹5.62 Cr (net margin -272.5%) and EBITDA of -₹65.47 Cr. Revenue has declined at a compounded annual rate (CAGR) of 56% over five years.

The LLP has about 19 employees on its provident fund (EPFO) records.

The LLP is associated with 1 brand: SNN Raj Corp. As per MCA filings, the LLP has open charges of ₹148.56 Cr and satisfied charges of ₹303.9 Cr on record. Court records list 44 cases involving the LLP, including 15 filed by the LLP and 29 filed against it; 23 cases are pending.

SNN Properties LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0155557).

Company details

LLPIN AAA-8330
Incorporation Date 13 March 2012
Total Obligation of Contribution ₹24 Cr
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-KR-03-0155557

Recognitions & Rankings of SNN Properties

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0155557

Contact details

SNN Properties LLP's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Snn Mind'S Eye No. 4 2nd Floor Diagonal Road, 3 Block Jayanagar, Bangalore, Karnataka, India – 560011
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of SNN Properties LLP, buy the company report.

Comprehensive company report
SNN Properties LLP - one report that includes everything
  • 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
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Brands

SNN Properties operates one associated brand: SNN Raj Corp. Each brand links to its own profile.

BrandDescriptionWebsite
Real estate development of residential projects in Bangalore since 1994.snnrajcorp.com

Financials of SNN Properties LLP

FY 2024 filings available

SNN Properties LLP reported revenue of ₹2.06 Cr (down 93% YoY) for FY 2023.

Revenue · FY 2023
₹2.06 Cr ▼ 93%
Net loss · FY 2023
₹5.62 Cr margin -272.5%
EBITDA · FY 2023
-₹65.47 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 93%
5 years · compounded
▼ 56%

Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 93% fall 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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-₹5.62 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin-272.5%
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 SNN Properties LLP, buy the company report.

Designated partners of SNN Properties LLP

SNN Properties has 3 current designated partners and 6 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Shah SanjayDesignated Partner10 Nov 20178 Years 11 MonthsCurrent
Shah AkshatDesignated Partner10 Nov 20178 Years 11 MonthsCurrent
Anuj Sanjay JainDesignated Partner10 Nov 20178 Years 11 MonthsCurrent

Charges & borrowings

Open charges
₹148.56 Cr
Satisfied charges
₹303.9 Cr
Breakdown by lending institutions
State Bank of India₹145.00 Cr
Hdfc Bank Limited₹3.28 Cr
Axis Bank Limited₹0.28 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Oct 2023100850884Axis Bank Limited₹27.9 LakhOpen
31 Aug 2023100777400State Bank of India₹145 CrOpen
29 Mar 2023100740332Hdfc Bank Limited₹1.23 CrOpen
23 Sep 2022100739997Hdfc Bank Limited₹1.18 CrOpen
31 Mar 2022100951013Hdfc Bank Limited₹87 LakhOpen

To see the full charge records of SNN Properties LLP, buy the company report.

Total charge records: 9 View all charges

Credit ratings & regulatory alerts

SNN Properties LLP was last rated by Icra on 21 Oct 2021.

Rating agencyRated onRating
Icra21 Oct 2021

To see the full credit ratings and regulatory alerts of SNN Properties LLP, buy the company report.

MSME payment delays

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

Employees & EPFO

SNN Properties LLP has a workforce of 28 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
28
Active EPFO establishments
1
Employee growth
40%

GST

SNN Properties has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ACCFS2149A1ZEKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of SNN Properties LLP, buy the company report.

Recent activity

SNN Properties LLP has 9 designated partner changes on record since 2017: 5 appointments and 4 cessations. The latest: Aashna Sipani was appointed as Partner on 01 Apr 2022.

AGM
Snn Properties Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Charges
A charge registered on 04 Aug 2022 via Charge ID 100664418 with Aditya Birla Finance Limited was fully satisfied on 25 Sep 2024.
Filing
Snn Properties Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100850884 was registered on 10 Oct 2023.
Charges
A charge with State Bank Of India of Rs. 145.00 Cr registered on 31 Aug 2023 with Charge ID 100777400 was modified on 29 Sep 2023.
Charges
A charge with State Bank Of India amounted to Rs. 145.00 Cr with Charge ID 100777400 was registered on 31 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.23 Cr with Charge ID 100740332 was registered on 29 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.18 Cr with Charge ID 100739997 was registered on 23 Sep 2022.
Charges
A charge with Aditya Birla Finance Limited amounted to Rs. 30.00 Cr with Charge ID 100664418 was registered on 04 Aug 2022.
Charges
A charge registered on 21 May 2020 via Charge ID 100341510 with State Bank Of India was fully satisfied on 05 May 2022.
Charges
A charge registered on 21 May 2020 via Charge ID 100342187 with State Bank Of India was fully satisfied on 05 May 2022.
Charges
A charge registered on 02 May 2016 via Charge ID 100043352 with State Bank Of India was fully satisfied on 05 May 2022.

15 earlier events are in the company report.

Frequently asked questions

SNN Properties is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 March 2012 (14+ years old) and is registered under LLPIN AAA-8330.

SNN Properties has 3 current designated partners:

The latest financial statements of SNN Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of SNN Properties is 29ACCFS2149A1ZE, registered in Karnataka.

The LLPIN (Limited Liability Partnership Identification Number) of SNN Properties is AAA-8330. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

SNN Properties has 44 court cases on record: 15 filed by the LLP and 29 filed against it. 23 are pending. Most are in the district courts.

SNN Properties was incorporated on 13 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.

Aashna Sipani was appointed as Partner on 01 Apr 2022. Anuj Sanjay Jain ceased to be Partner on 01 Apr 2022. Aruna Agarwal ceased to be Designated Partner on 01 Apr 2022. SNN Properties has 9 designated partner changes on record in total.

Yes, SNN Properties is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0155557).

The registered office of SNN Properties is at Snn MindS Eye No. 4 2nd Floor Diagonal Road, 3 Block Jayanagar, Bangalore, Karnataka, India – 560011.