About Dorne Realty Private Limited
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Dorne Realty Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India, a subsidiary of Taurus Travancore Holdings 2. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U70109KL2017PTC050856. Its GSTIN is 32AAGCD4024N1ZR (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.96 Lakh. It is led by directors including Vasundhara Harshavardhan and Ajay Prasad.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Near Technopark, Thiruvananthapuram, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.23 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹99.1 Lakh (net margin -167.3%) and EBITDA of -₹43.47 Lakh (EBITDA margin -73.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 33% over five years.
Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending. The company has 3 deals on record (3 convertible or debt financings), with disclosed funding of ₹23.45 Cr; the latest was in June 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tiholdings.in.
Company details
Contact details
Dorne Realty Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is tiholdings.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThe Atomic Floor No.1 Tc No.3715(2) Near Technopark Phase – 1 Maingate Kazhak, Uttam, Thiruvananthapuram, Kerala, India – 695582
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Dorne Realty Private Limited, 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
Business activity
The main business activity of Dorne Realty is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Dorne Realty Private Limited, buy the company report.
Financials of Dorne Realty Private Limited
FY 2024 filings availableDorne Realty Private Limited reported revenue of ₹59.23 Lakh (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA fell 360% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹43.47 Lakh | ||||
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| Net Profit (PAT) | -₹99.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -73.4% | ||||
| Net Profit Margin | -167.3% | ||||
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To see the full financial statements and ratios of Dorne Realty Private Limited, buy the company report.
Board of directors of Dorne Realty Private Limited
Dorne Realty has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasundhara Harshavardhan Also directs: Embassy Interiors Private Limited, Swire Tech-Park Projects Private Limited, Rescape Projects Private Limited and 5 more | Director | 14 Feb 2018 | 8 Years 8 Months | Current |
| Ajay Prasad Also directs: Tih India Real Estate Advisory LLP, Taurus Sage Funds Management LLP, Winterfell Realty Private Limited and 4 more | Director | 23 Apr 2019 | 7 Years 6 Months | Current |
| Erik Reinier Rijnbout Also directs: Tih India Real Estate Advisory LLP, Winterfell Realty Private Limited, Dragonstone Realty Private Limited and 2 more | Director | 15 Feb 2019 | 7 Years 8 Months | Current |
Auditor
Dorne Realty Private Limited is audited by Varma and Varma for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varma and Varma | FY 2023 | 004532S |
Shareholding
The shareholding of Dorne Realty Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dorne Realty Private Limited, buy the company report.
Deals & funding
Dorne Realty Private Limited has 3 deals on record (3 convertible or debt financings), with disclosed funding of ₹23.45 Cr; the latest was in June 2020.
To see the full deal history of Dorne Realty Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dorne Realty Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (AP.IM) | Filed against the company by Embassy Property Developments Pvt Ltd | Pending |
| High Court | Appeal | Filed against the company by M/S.Dragonstone Realty Pvt Ltd., and 1 other | Pending |
| High Court | Writ petition | Filed against the company by M/S.Dragonstone Realty Pvt Ltd., and 1 other | Disposed |
To see the full case history of Dorne Realty Private Limited, 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 Dorne Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dorne Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAGCD4024N1ZR | Kerala | Active | 06 Jul 2018 |
To see the full GST registrations and return filing status of Dorne Realty Private Limited, buy the company report.
Recent activity
Dorne Realty Private Limited has 10 board changes on record since 2018: 3 appointments and 7 cessations. The latest: Erik Reinier Rijnbout ceased to be Additional Director on 23 Sep 2019.
1 earlier event is in the company report.
Frequently asked questions
Dorne Realty is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 October 2017 (9+ years old) and is registered under CIN U70109KL2017PTC050856.
Dorne Realty has 3 current directors:
- Vasundhara Harshavardhan - Director
- Ajay Prasad - Director
- Erik Reinier Rijnbout - Director
The latest financial statements of Dorne Realty on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Dorne Realty is 32AAGCD4024N1ZR, registered in Kerala.
The CIN (Corporate Identification Number) of Dorne Realty is U70109KL2017PTC050856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dorne Realty has 3 court cases on record: 3 filed against it. 2 are pending.
Dorne Realty was incorporated on 24 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
Dorne Realty has 3 deals on record (3 convertible or debt financings), with disclosed funding of ₹23.45 Cr; the latest was in June 2020.
Erik Reinier Rijnbout ceased to be Additional Director on 23 Sep 2019. Ajay Prasad was appointed as Director on 23 Apr 2019. Erik Reinier Rijnbout was appointed as Director on 15 Feb 2019. Dorne Realty has 10 board changes on record in total.
Dorne Realty can be reached through the website tiholdings.in. Its registered office is in Thiruvananthapuram, Kerala, India.