Vivan Commercial LLP
About Vivan Commercial LLP
Data last updated:
Vivan Commercial LLP is a limited liability partnership (LLP) based in Rajkot, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 October 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAQ-9345. Its GSTIN is 24AASFV2565P1ZA (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Harshit Ashokkumar Satikunvar and Mitul Jagjivan Sakhiya.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Office No.702 R.K. Prime Next To Silver Heights Nana Mava Circle 150 Feet Ring Road, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹69.24 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.44 Lakh (net margin 6.4%) and EBITDA of ₹40.6 Lakh (EBITDA margin 58.6%).
As per MCA filings, the LLP has open charges of ₹46.6 Cr on record.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressOffice No.702 R.K. Prime Next To Silver Heights Nana Mava Circle 150 Feet Ring Road, Rajkot, Gujarat, India – 360005
- 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 Vivan Commercial LLP FY 2024 filings available
Vivan Commercial LLP reported revenue of ₹69.24 Lakh (up 3208% YoY) for FY 2023.
Financial Statement Summary of Vivan Commercial LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| 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 | ₹4.44 Lakh | •••• | •••• | •••• |
| 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 Vivan Commercial LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 6.4% | •••• | •••• | •••• |
| 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 Vivan Commercial are in the company report.
Financial statements from FY 2020
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 Vivan Commercial LLP
Vivan Commercial has 8 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshit Ashokkumar Satikunvar | Designated Partner | 31 Oct 2019 | 6 Years 11 Months | Current |
| Mitul Jagjivan Sakhiya Also directs: Vivan Buildtech LLP, Mveer Enterprise LLP, Mveer Textile Exports Private Limited and 2 more | Designated Partner | 31 Oct 2019 | 6 Years 11 Months | Current |
| Jagjivan Ranchhodbhai Sakhiya | Designated Partner | 31 Oct 2019 | 6 Years 11 Months | Current |
| Hareshbhai Mathurbhai Zinzuwadia Also directs: Radhika Jeweltech Limited | Designated Partner | 31 Oct 2019 | 6 Years 11 Months | Current |
| Harishbhai Jayantilal Lakhani Also directs: Titanium Buildcon LLP, Botad Land Development LLP, DML Agro Trade Private Limited and 5 more | Designated Partner | 31 Oct 2019 | 6 Years 11 Months | Current |
| Vishal Brijlal Sonwani Also directs: Vivan Skybuild LLP, RK Iconic Owners Association, RK Park View Flat Owners Association and 2 more | Designated Partner | 31 Oct 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of Vivan Commercial 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 Vivan Commercial LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2022 | Rajkot Nagarik Sahakari Bank Ltd | ₹46.6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Vivan Commercial LLP
Employment history and EPFO contributions of people linked to Vivan Commercial.
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 Vivan Commercial LLP
Vivan Commercial LLP has 8 designated partner changes on record since 2019: 8 appointments. The latest: Hareshbhai Mathurbhai Zinzuwadia was appointed as Designated Partner on 31 Oct 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vivan Commercial 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 Vivan Commercial 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 Vivan Commercial 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 Vivan Commercial LLP
Vivan Commercial has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASFV2565P1ZA | Gujarat | Active | 06 Dec 2019 |
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 Vivan Commercial 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 Vivan Commercial LLP
Vivan Commercial is an active limited liability partnership based in Rajkot, Gujarat, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 October 2019 (7+ years old) and is registered under LLPIN AAQ-9345.
Vivan Commercial reported revenue of ₹69.24 Lakh for FY 2023 (up 3208% YoY).
Vivan Commercial has 8 current designated partners:
- Harshit Ashokkumar Satikunvar - Designated Partner
- Mitul Jagjivan Sakhiya - Designated Partner
- Jagjivan Ranchhodbhai Sakhiya - Designated Partner
- Hareshbhai Mathurbhai Zinzuwadia - Designated Partner
- Harishbhai Jayantilal Lakhani - Designated Partner
- Vishal Brijlal Sonwani - Designated Partner
- Kamal Sadhuram Sonvani - Designated Partner
- Sarvanand Sadhuram Sonvani - Designated Partner
Vivan Commercial reported a net profit of ₹4.44 Lakh (net margin 6.4%) and EBITDA of ₹40.6 Lakh (EBITDA margin 58.6%) for FY 2023, as per its filed financial statements.
The GSTIN of Vivan Commercial is 24AASFV2565P1ZA, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Vivan Commercial is AAQ-9345. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Vivan Commercial was incorporated on 31 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hareshbhai Mathurbhai Zinzuwadia was appointed as Designated Partner on 31 Oct 2019. Harishbhai Jayantilal Lakhani was appointed as Designated Partner on 31 Oct 2019. Harshit Ashokkumar Satikunvar was appointed as Designated Partner on 31 Oct 2019. Vivan Commercial has 8 designated partner changes on record in total.
The registered office of Vivan Commercial is at Office No.702 R.K. Prime Next To Silver Heights Nana Mava Circle 150 Feet Ring Road, Rajkot, Gujarat, India – 360005.
The total obligation of contribution is ₹1 Lakh.