Velstand Realty LLP - real estate and construction in Mumbai, Maharashtra, India. Directors, charges & compliance details.
LLPIN AAX-8517 Incorporated 20 July 2021 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership real estate and construction
Data last updated
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹32 Cr
Secured borrowings
LLP age
5 yrs
Est. 2021
Designated partners
4
As per MCA filings
Last financials
Mar 2025
Balance sheet date
LLP status
Active
MCA master data
Registrar
Mumbai
ROC office
Incorporated
20 Jul 2021
Date of incorporation

About Velstand Realty LLP

Data last updated:

Velstand Realty 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 20 July 2021 and has been in existence for over 5 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAX-8517.

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Chetan Navinchandra Shah and Dhruman Sanjaybhai Shah.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Office No. G 1 Ground Floor Washington Plaza Topiwala Lane Goregaon West, Mumbai, Maharashtra, India – 400062.

As per MCA filings, the LLP has open charges of ₹32 Cr on record. Court records list 3 cases involving the LLP, including 3 filed against it; 3 cases are pending.

Company details

LLPIN AAX-8517
Incorporation Date 20 July 2021
Total Obligation of Contribution ₹1 Lakh
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025

Contact details

Velstand Realty LLP's registered office is in Mumbai, Maharashtra.

  • Registered Address
    Office No. G 1 Ground Floor Washington Plaza Topiwala Lane Goregaon West, Mumbai, Maharashtra, India – 400062
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
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  • Legal cases, compliance and MCA filings
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Financials of Velstand Realty LLP

FY 2025 filings available

Financial Statement Summary

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22
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 SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22
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 Velstand Realty LLP, buy the company report.

Designated partners of Velstand Realty LLP

Velstand Realty has 4 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Chetan Navinchandra ShahDesignated Partner01 Jul 20233 Years 3 MonthsCurrent
Dhruman Sanjaybhai ShahDesignated Partner20 Jul 20215 Years 3 MonthsCurrent
Kamlesh Shantilal ShahDesignated Partner01 Jul 20233 Years 3 MonthsCurrent
Manish Kanaiyalal PaniaDesignated Partner20 Jul 20215 Years 3 MonthsCurrent

Charges & borrowings

Open charges
₹32 Cr
Satisfied charges
None
Breakdown by lending institutions
Aditya Birla Capital Limited₹32.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Apr 2025101101040Aditya Birla Capital Limited₹32 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

No GST registration is on our record for Velstand Realty LLP; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Velstand Realty LLP has 4 designated partner changes on record since 2021: 4 appointments. The latest: Chetan Navinchandra Shah was appointed as Designated Partner on 01 Jul 2023.

Charges
A charge with Aditya Birla Capital Limited amounted to Rs. 3,200.00 Lakh with Charge ID 101101040 was registered on 29 Apr 2025.
AGM
Velstand Realty Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Velstand Realty Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Chetan Navinchandra Shah was appointed as Designated Partner.
Appointed
Kamlesh Shantilal Shah was appointed as Designated Partner.
Appointed
Dhruman Sanjaybhai Shah was appointed as Designated Partner.
Appointed
Manish Kanaiyalal Pania was appointed as Designated Partner.
Incorporation
20 Jul 2021
Velstand Realty Llp was registered on 20 Jul 2021 with Roc Mumbai I & aged 5 years 3 months as per MCA records.

Frequently asked questions

Velstand Realty 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 20 July 2021 (5+ years old) and is registered under LLPIN AAX-8517.

Velstand Realty has 4 current designated partners:

The latest financial statements of Velstand Realty 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 2022 are in the company report.

The LLPIN (Limited Liability Partnership Identification Number) of Velstand Realty is AAX-8517. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Velstand Realty has 3 court cases on record: 3 filed against it. 3 are pending.

Velstand Realty was incorporated on 20 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

Chetan Navinchandra Shah was appointed as Designated Partner on 01 Jul 2023. Kamlesh Shantilal Shah was appointed as Designated Partner on 01 Jul 2023. Dhruman Sanjaybhai Shah was appointed as Designated Partner on 20 Jul 2021. Velstand Realty has 4 designated partner changes on record in total.

The registered office of Velstand Realty is at Office No. G 1 Ground Floor Washington Plaza Topiwala Lane Goregaon West, Mumbai, Maharashtra, India – 400062.

Velstand Realty operates in the real estate and construction industry, in the real estate builders and developers segment.

Velstand Realty has open charges of ₹32 Cr and no satisfied charges on record as per latest MCA filings.