Triax Developers LLP
About Triax Developers LLP
Data last updated:
Triax Developers LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 February 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAD-2861. Its GSTIN is 27AAKFT2243C1ZE (Maharashtra).
The LLP has a total obligation of contribution of ₹5 Lakh. It is led by designated partners including Hiten Masukhlal Sheth and Chitrang Tushar Motiwala.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 411/A Sundervilla S.V.Road Santacruz(West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹52.94 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹18.39 Cr and EBITDA of -₹18.69 Cr. Revenue has grown at a compounded annual rate (CAGR) of 38% over five years.
The LLP has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹60 Cr on record. Court records list 2 cases involving the LLP, including 1 filed against it; 1 case is pending.
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- Registered Address411/A Sundervilla S.V.Road Santacruz(West), Mumbai, Maharashtra, India – 400054
- 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 Triax Developers LLP FY 2025 filings available
Triax Developers LLP reported revenue of ₹52.94 Lakh (up 1939% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Triax Developers LLP
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years. 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 Triax 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 | -₹18.39 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 Triax 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 | •••• | •••• | •••• | •••• | •••• |
| 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 Triax 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 Triax Developers LLP
Triax Developers has 3 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiten Masukhlal Sheth Also directs: Fealise Realty & Developers LLP, M. L. Buildheights Private Limited, M. L. Realtors Private Limited and 3 more | Designated Partner | 02 Feb 2015 | 11 Years 8 Months | Current |
| Chitrang Tushar Motiwala Also directs: Aria Realtors Limited Liability Partnership, Cimic Tech Infra LLP, Triax Trading LLP and 4 more | Designated Partner | 01 May 2018 | 8 Years 5 Months | Current |
| Milan Mahasukhlal Sheth Also directs: Fealise Realty & Developers LLP, M. L. Buildheights Private Limited, M. L. Realtors Private Limited and 2 more | Designated Partner | 02 Feb 2015 | 11 Years 8 Months | Current |
Ownership and Shareholding of Triax 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 Triax Developers LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2021 | Penrose Constructions Llp | ₹60 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Triax Developers LLP
Triax Developers LLP has 2 court cases on record: 1 filed against it, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Triax Developers LLP
Triax Developers LLP has a workforce of 34 employees as of Apr 05, 2024.
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 Triax Developers LLP
Triax Developers LLP has 5 designated partner changes on record since 2015: 3 appointments and 2 cessations. The latest: Aditya Mitra Anand ceased to be Partner on 31 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for Triax 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 Triax 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 Triax 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 Triax Developers LLP
Triax Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKFT2243C1ZE | Maharashtra | 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 Triax 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 Triax Developers LLP
Triax Developers is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 February 2015 (11+ years old) and is registered under LLPIN AAD-2861.
Triax Developers reported revenue of ₹52.94 Lakh for FY 2023 (up 1939% YoY).
Triax Developers has 3 current designated partners:
- Hiten Masukhlal Sheth - Designated Partner
- Chitrang Tushar Motiwala - Designated Partner
- Milan Mahasukhlal Sheth - Designated Partner
Triax Developers reported a net loss of ₹18.39 Cr and EBITDA of -₹18.69 Cr for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Triax Developers is 38% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Triax Developers is 27AAKFT2243C1ZE, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Triax Developers is AAD-2861. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Triax Developers has 2 court cases on record: 1 filed against it. 1 is pending.
Triax Developers was incorporated on 02 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Aditya Mitra Anand ceased to be Partner on 31 Mar 2020. Tushar Dinesh Motiwala ceased to be Designated Partner on 31 Mar 2020. Chitrang Tushar Motiwala was appointed as Designated Partner on 01 May 2018. Triax Developers has 5 designated partner changes on record in total.