About Verain Commercials LLP
Data last updated:
Verain Commercials LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 08 July 2011 and has been in existence for over 15 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAA-5492. Its GSTIN is 27AAJFV8250A1Z6 (Maharashtra).
The LLP has a total obligation of contribution of ₹26.9 Cr. It is led by designated partners Gnanesh Dungarshi Gala and Kalpesh Harakhchand Gala.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Navneet House Gurukul Road Memnagar, Ahmedabad, Gujarat, India – 380002.
The LLP has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the LLP has satisfied charges of ₹150 Cr on record. Court records list 1 case involving the LLP, including 1 filed by the LLP; 1 case is pending. The LLP has 1 deal on record (1 funding round), with disclosed funding of ₹26 Cr; the latest was in February 2015.
For more details, the LLP can be reached via its website navneet.com.
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- Social Media
- Registered AddressNavneet House Gurukul Road Memnagar, Ahmedabad, Gujarat, India – 380002
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Verain Commercials LLP FY 2025 filings available
Financial Statement Summary of Verain Commercials LLP
| 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 of Verain Commercials LLP
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Verain Commercials 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 Verain Commercials LLP
Verain Commercials has 2 current designated partners and 5 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gnanesh Dungarshi Gala | Designated Partner | 02 Apr 2013 | 13 Years 6 Months | Current |
| Kalpesh Harakhchand Gala | Designated Partner | 08 Jul 2011 | 15 Years 3 Months | Current |
Charges & Borrowings of Verain Commercials LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Nov 2020 | Bajaj Finance Limited | ₹35 Cr | Satisfied |
| 21 Dec 2017 | Catalyst Trusteeship Limited | ₹115 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Verain Commercials LLP
Verain Commercials LLP has 1 deal on record (1 funding round), with disclosed funding of ₹26 Cr; the latest was in February 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2015 | Funding round | ₹26 Cr | Investors: Blacksoil Group |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Verain Commercials LLP
Verain Commercials LLP has 1 court case on record: 1 filed by Verain Commercials. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Central Circle 2 3 Mumbai | Pending |
Full case history
All 1 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 Verain Commercials LLP
Employment history and EPFO contributions of people linked to Verain Commercials.
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 Verain Commercials LLP
Verain Commercials LLP has 8 designated partner changes on record since 2011: 5 appointments and 3 cessations. The latest: Dhanji Vasanji Goshar ceased to be Designated Partner on 02 Jul 2021.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Verain Commercials 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 Verain Commercials 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 Verain Commercials 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 Verain Commercials LLP
Verain Commercials has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJFV8250A1Z6 | 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 Verain Commercials 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 Verain Commercials LLP
Verain Commercials is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in general construction services, within the infrastructure and utilities industry. It was incorporated on 08 July 2011 (15+ years old) and is registered under LLPIN AAA-5492.
Verain Commercials has 2 current designated partners:
- Gnanesh Dungarshi Gala - Designated Partner
- Kalpesh Harakhchand Gala - Designated Partner
The GSTIN of Verain Commercials is 27AAJFV8250A1Z6, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Verain Commercials is AAA-5492. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Verain Commercials has 1 court case on record: 1 filed by the LLP. 1 is pending.
Verain Commercials was incorporated on 08 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Verain Commercials has 1 deal on record (1 funding round), with disclosed funding of ₹26 Cr; the latest was in February 2015.
Dhanji Vasanji Goshar ceased to be Designated Partner on 02 Jul 2021. Harakhchand Ramji Gala ceased to be Partner on 01 Jun 2017. Raju Harakhchand Gala was appointed as Partner on 01 Jun 2017. Verain Commercials has 8 designated partner changes on record in total.
Verain Commercials can be reached through the website navneet.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Verain Commercials is at Navneet House Gurukul Road Memnagar, Ahmedabad, Gujarat, India – 380002.