About Urban Gear Gifts LLP
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Urban Gear Gifts LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the personalized gifts and merchandise segment of the e-commerce sector. It was incorporated on 01 March 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAF-8315. Its GSTIN is 29AAEFU5849H1ZN (Karnataka).
The LLP has a total obligation of contribution of ₹2 Lakh. It is led by designated partners including Dev Nainani Ramchand and Sanjay Mohan Bathija.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹21.43 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Cr (net margin 10.3%) and EBITDA of ₹2.44 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 44% over five years.
As per MCA filings, the LLP has open charges of ₹2.5 Cr and satisfied charges of ₹2.09 Cr on record. Court records list 1 case involving the LLP, including 1 filed by the LLP.
For more details, the LLP can be reached via its website urbangear.in.
Company details
Contact details
Urban Gear Gifts LLP's registered office is in Bangalore, Karnataka. Its website is urbangear.in. Its e-mail address is in the company report.
- Email
- Website
- Apps
- Registered AddressNo. 15 9th Cross H Siddaiah Road, Bbmp Ward No. 48, Bangalore, Karnataka, India – 560027
- IndustryE-Commerce, Personalized Gifts & Merchandise
To see the full contact details of Urban Gear Gifts LLP, buy the company report.
- 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 Urban Gear Gifts LLP
FY 2025 filings availableUrban Gear Gifts LLP reported revenue of ₹21.43 Cr (up 22% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 22% growth in the latest year. EBITDA rose 29% 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 Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹2.2 Cr | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 10.3% | ||||
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To see the full financial statements and ratios of Urban Gear Gifts LLP, buy the company report.
Designated partners of Urban Gear Gifts LLP
Urban Gear Gifts has 4 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dev Nainani Ramchand Also directs: Total Gift Solutions Private Limited | Designated Partner | 01 Mar 2016 | 10 Years 8 Months | Current |
| Sanjay Mohan Bathija | Designated Partner | 01 Mar 2016 | 10 Years 8 Months | Current |
| Suraj Arjandas Nanwani | Designated Partner | 01 Mar 2016 | 10 Years 8 Months | Current |
| Mukesh Bagrecha Also directs: Aquastep Industries LLP | Designated Partner | 01 Mar 2016 | 10 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2024 | 100987723 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 04 Dec 2017 | 100241823 | Kotak Mahindra Bank Limited | ₹2.09 Cr | Satisfied |
To see the full charge records of Urban Gear Gifts LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
Urban Gear Gifts LLP has 1 court case on record: 1 filed by Urban Gear Gifts. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Commissioner of Commercial Taxes | Disposed |
To see the full case history of Urban Gear Gifts LLP, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Urban Gear Gifts LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Urban Gear Gifts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAEFU5849H1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Urban Gear Gifts LLP, buy the company report.
Recent activity
Urban Gear Gifts LLP has 4 designated partner changes on record since 2016: 4 appointments. The latest: Dev Nainani Ramchand was appointed as Designated Partner on 01 Mar 2016.
Frequently asked questions
Urban Gear Gifts is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in personalized gifts and merchandise, within the e-commerce industry. It was incorporated on 01 March 2016 (10+ years old) and is registered under LLPIN AAF-8315.
Urban Gear Gifts has 4 current designated partners:
- Dev Nainani Ramchand - Designated Partner
- Sanjay Mohan Bathija - Designated Partner
- Suraj Arjandas Nanwani - Designated Partner
- Mukesh Bagrecha - Designated Partner
The latest financial statements of Urban Gear Gifts 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 GSTIN of Urban Gear Gifts is 29AAEFU5849H1ZN, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Urban Gear Gifts is AAF-8315. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Urban Gear Gifts has 1 court case on record: 1 filed by the LLP.
Urban Gear Gifts was incorporated on 01 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Dev Nainani Ramchand was appointed as Designated Partner on 01 Mar 2016. Mukesh Bagrecha was appointed as Designated Partner on 01 Mar 2016. Sanjay Mohan Bathija was appointed as Designated Partner on 01 Mar 2016. Urban Gear Gifts has 4 designated partner changes on record in total.
Urban Gear Gifts can be reached through the website urbangear.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Urban Gear Gifts is at No. 15 9th Cross H Siddaiah Road, Bbmp Ward No. 48, Bangalore, Karnataka, India – 560027.
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