Vee Aar Life Space LLP
About Vee Aar Life Space LLP
Data last updated:
Vee Aar Life Space LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 October 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAK-8766. Its GSTIN is 24AAFFV5117J1Z5 (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Adarsh Ravjibhai Patel and Ravjibhai Patel Premjibhai.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 5 6 7 Sangini House Near Shyam Sangini Vesu, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹297.65 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹71.88 Cr (net margin 24.2%) and EBITDA of ₹137.12 Cr (EBITDA margin 46.1%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years and 89% over five years.
The LLP has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹174.35 Cr and satisfied charges of ₹213 Cr on record. Court records list 2 cases involving the LLP; 1 case is pending.
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- Registered Address5 6 7 Sangini House Near Shyam Sangini Vesu, Surat, Gujarat, India – 395007
- 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 Vee Aar Life Space LLP FY 2025 filings available
Vee Aar Life Space LLP reported revenue of ₹297.65 Cr (up 1636% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Vee Aar Life Space LLP
Revenue has grown at a compounded annual rate (CAGR) of 89% 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 Vee Aar Life Space 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 | ₹71.88 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 Vee Aar Life Space 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 | 24.2% | •••• | •••• | •••• | •••• |
| 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 Vee Aar Life Space are in the company report.
Financial statements from FY 2018
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 Vee Aar Life Space LLP
Vee Aar Life Space has 6 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adarsh Ravjibhai Patel | Designated Partner | 16 Oct 2017 | 8 Years 11 Months | Current |
| Ravjibhai Patel Premjibhai | Designated Partner | 16 Oct 2017 | 8 Years 11 Months | Current |
| Nanubhai Premjibhai Patel Also directs: Sangini Infra LLP, Sangini Realty Private Limited | Designated Partner | 16 Oct 2017 | 8 Years 11 Months | Current |
| Devrajbhai Mohanbhai Patel Also directs: Sangini Infra LLP, Sangini Realty Private Limited | Designated Partner | 16 Oct 2017 | 8 Years 11 Months | Current |
| Veljibhai Mohanbhai Sheta | Designated Partner | 16 Oct 2017 | 8 Years 11 Months | Current |
| Jigar Veljibhai Sheta | Designated Partner | 16 Oct 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Vee Aar Life Space 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 Vee Aar Life Space LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2025 | Icici Bank Limited | ₹30 Cr | Open |
| 30 Jun 2025 | Axis Bank Limited | ₹17.35 Cr | Open |
| 10 May 2022 | State Bank of India | ₹77 Cr | Open |
| 12 Feb 2020 | State Bank of India | ₹50 Cr | Open |
| 06 Apr 2024 | Indian Bank | ₹14 Cr | Satisfied |
Total charge records: 11 View all charges
Legal Cases of Vee Aar Life Space LLP
Vee Aar Life Space LLP has 2 court cases on record: 2 where it is another party. 1 case is pending and 1 is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (SPCS) | Company is another party | Pending |
| High Court of Gujarat | Special civil application | 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 Vee Aar Life Space LLP
Vee Aar Life Space LLP has a workforce of 3 employees as of Apr 07, 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 Vee Aar Life Space LLP
Vee Aar Life Space LLP has 6 designated partner changes on record since 2017: 6 appointments. The latest: Adarsh Ravjibhai Patel was appointed as Designated Partner on 16 Oct 2017.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vee Aar Life Space 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 Vee Aar Life Space 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 Vee Aar Life Space 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 Vee Aar Life Space LLP
Vee Aar Life Space has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFFV5117J1Z5 | Gujarat | 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 Vee Aar Life Space 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 Vee Aar Life Space LLP
Vee Aar Life Space is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 October 2017 (9+ years old) and is registered under LLPIN AAK-8766.
Vee Aar Life Space reported revenue of ₹297.65 Cr for FY 2023 (up 1636% YoY).
Vee Aar Life Space has 6 current designated partners:
- Adarsh Ravjibhai Patel - Designated Partner
- Ravjibhai Patel Premjibhai - Designated Partner
- Nanubhai Premjibhai Patel - Designated Partner
- Devrajbhai Mohanbhai Patel - Designated Partner
- Veljibhai Mohanbhai Sheta - Designated Partner
- Jigar Veljibhai Sheta - Designated Partner
Vee Aar Life Space reported a net profit of ₹71.88 Cr (net margin 24.2%) and EBITDA of ₹137.12 Cr (EBITDA margin 46.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vee Aar Life Space is 102% over three years and 89% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vee Aar Life Space is 24AAFFV5117J1Z5, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Vee Aar Life Space is AAK-8766. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Vee Aar Life Space has 2 court cases on record. 1 is pending. Most are in the high courts.
Vee Aar Life Space was incorporated on 16 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adarsh Ravjibhai Patel was appointed as Designated Partner on 16 Oct 2017. Devrajbhai Mohanbhai Patel was appointed as Designated Partner on 16 Oct 2017. Jigar Veljibhai Sheta was appointed as Designated Partner on 16 Oct 2017. Vee Aar Life Space has 6 designated partner changes on record in total.