Tern Associates LLP
About Tern Associates LLP
Data last updated:
Tern Associates LLP is a limited liability partnership (LLP) based in Gurgaon, Haryana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 December 2020 and has been in existence for over 6 years.
The LLP is registered with the Registrar of Companies (ROC), Haryana, under LLPIN AAV-2145. Its GSTIN is 06AARFT0540K1ZY (Haryana).
The LLP has a total obligation of contribution of ₹2 Lakh. It is led by designated partners Gagandeep Kaur and Ishaan Singh.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at L 26 A/5 DLF Phase 2, Gurgaon, Haryana, India – 122002.
As per MCA filings, the LLP has open charges of ₹2.71 Cr and satisfied charges of ₹25.08 Lakh on record.
Company details
Contact details
Tern Associates LLP's registered office is in Gurgaon, Haryana.
- Registered AddressL 26 A/5 DLF Phase 2, Gurgaon, Haryana, India – 122002
- 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
Financials of Tern Associates LLP
FY 2025 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 Tern Associates LLP, buy the company report.
Designated partners of Tern Associates LLP
Tern Associates has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gagandeep Kaur Also directs: Woodcock Projects LLP | Designated Partner | 23 Dec 2020 | 5 Years 10 Months | Current |
| Ishaan Singh | Designated Partner | 23 Dec 2020 | 5 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2025 | 101087204 | Axis Bank Limited | ₹1.7 Cr | Open | |
| 25 Mar 2023 | 100720248 | Axis Bank Limited | ₹1.01 Cr | Open | |
| 05 Feb 2024 | 100864747 | Axis Bank Limited | ₹25.08 Lakh | Satisfied |
To see the full charge records of Tern Associates LLP, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Tern Associates LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tern Associates LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tern Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AARFT0540K1ZY | Haryana | Active | 14 Jul 2021 |
To see the full GST registrations and return filing status of Tern Associates LLP, buy the company report.
Recent activity
Tern Associates LLP has 2 designated partner changes on record since 2020: 2 appointments. The latest: Gagandeep Kaur was appointed as Designated Partner on 23 Dec 2020.
Frequently asked questions
Tern Associates is an active limited liability partnership based in Gurgaon, Haryana, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 December 2020 (6+ years old) and is registered under LLPIN AAV-2145.
Tern Associates has 2 current designated partners:
- Gagandeep Kaur - Designated Partner
- Ishaan Singh - Designated Partner
The latest financial statements of Tern Associates 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 2021 are in the company report.
The GSTIN of Tern Associates is 06AARFT0540K1ZY, registered in Haryana.
The LLPIN (Limited Liability Partnership Identification Number) of Tern Associates is AAV-2145. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Tern Associates was incorporated on 23 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Haryana.
Gagandeep Kaur was appointed as Designated Partner on 23 Dec 2020. Ishaan Singh was appointed as Designated Partner on 23 Dec 2020.
The registered office of Tern Associates is at L 26 A5 DLF Phase 2, Gurgaon, Haryana, India – 122002.
Tern Associates operates in the real estate and construction industry, in the real estate builders and developers segment.
Tern Associates has open charges of ₹2.71 Cr and satisfied charges of ₹25.08 Lakh as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
