Tushar Estates Private Limited
About Tushar Estates Private Limited
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Tushar Estates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PTC056467.
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Pushpa Vadera and Chetan Vadera.
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 Hansalaya 3rd Floor 15 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.9 Lakh. For the same year it recorded a net loss of ₹14.45 Lakh (net margin -370.5%) and EBITDA of -₹8.2 Lakh (EBITDA margin -210.2%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years.
Court records list 6 cases involving the company, including 6 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tushar Estates Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHansalaya 3rd Floor 15 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Tushar Estates 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
Financials of Tushar Estates Private Limited
FY 2024 filings availableTushar Estates Private Limited reported revenue of ₹3.9 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over three years. EBITDA fell 15% 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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| Total Expenses | |||||
| EBITDA | -₹8.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.45 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -210.2% | ||||
| Net Profit Margin | -370.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Tushar Estates Private Limited, buy the company report.
Board of directors of Tushar Estates Private Limited
Tushar Estates has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpa Vadera Also directs: Hansalaya Properties Rivate Limited, Hotel Hans Private Limited, S B Traveller Private Limited and 1 more | Director | 28 Mar 1996 | 30 Years 6 Months | Current |
| Chetan Vadera Also directs: Interstate Equipment (India)Pvt Ltd, Hansalaya Properties Rivate Limited, Crescent Mall Management Pvt Ltd and 5 more | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
| Niraj Vadera Also directs: Interstate Equipment (India)Pvt Ltd, Hansalaya Properties Rivate Limited, Crescent Mall Management Pvt Ltd and 5 more | Director | 20 Dec 1993 | 32 Years 10 Months | Current |
| Misha Vadera Also directs: Interstate Equipment (India)Pvt Ltd, Hansalaya Properties Rivate Limited, Crescent Mall Management Pvt Ltd and 5 more | Director | 02 Apr 1996 | 30 Years 6 Months | Current |
Peer comparison
Tushar Estates Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Konkan Agri Developers Private Limited | ₹3.91 Lakh (FY 2025) | -56.0% | Pune, Maharashtra, India | |||
| Tushar Estates Private Limitedthis company | ₹3.9 Lakh (FY 2024) | -₹14.45 Lakh | -370.5% | New Delhi, Delhi, India | ||
| Kohli Infrastructure & Developers Private Limited | ₹3.9 Lakh (FY 2024) | 84.0% | New Delhi, Delhi, India | |||
| Vandana Infratech Private Limited | ₹3.9 Lakh (FY 2025) | 0.0% | Delhi, India | |||
| Sanwaraseth Merchants Limited | ₹3.9 Lakh (FY 2024) | 1.0% | Siliguri, West Bengal, India |
To see the full peer comparison of Tushar Estates Private Limited, buy the company report.
Auditor
Tushar Estates Private Limited is audited by R.N. Marwah & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.N. Marwah & Co. LLP | FY 2023 | 001211N |
Shareholding
The shareholding of Tushar Estates 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 Tushar Estates Private Limited, buy the company report.
Legal cases
Tushar Estates Private Limited has 6 court cases on record: 6 filed by Tushar Estates. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Global Audio Text Solutions Pvt. Ltd. and Ors. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Pending |
To see the full case history of Tushar Estates 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
Tushar Estates Private Limited has 12 MSME Form 1 returns on record between 2020 and 2024, listing 37 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| N Bahl Management Consultants LLP |
To see the full MSME payment records of Tushar Estates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Tushar Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tushar Estates Private Limited has 5 board changes on record since 1993: 4 appointments and 1 cessation. The latest: Chetan Vadera ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Tushar Estates is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 December 1993 (33+ years old) and is registered under CIN U74899DL1993PTC056467.
Tushar Estates has 4 current directors:
- Pushpa Vadera - Director
- Chetan Vadera - Director
- Niraj Vadera - Director
- Misha Vadera - Director
The latest financial statements of Tushar Estates 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Tushar Estates is U74899DL1993PTC056467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tushar Estates has 6 court cases on record: 6 filed by the company. 1 is pending. Most are in the district courts.
Tushar Estates was incorporated on 15 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Tushar Estates by revenue are Konkan Agri Developers Private Limited, Kohli Infrastructure & Developers Private Limited, Vandana Infratech Private Limited, Sanwaraseth Merchants Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities on fee or contract basis).
Chetan Vadera ceased to be Additional Director on 29 Sep 2025. Chetan Vadera was appointed as Director on 20 Aug 2025. Misha Vadera was appointed as Director on 02 Apr 1996. Tushar Estates has 5 board changes on record in total.
Tushar Estates has 12 MSME Form 1 returns on record between 2020 and 2024, listing 37 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Apr 2024.
The registered office of Tushar Estates is at Hansalaya 3rd Floor 15 Barakhamba Road, New Delhi, Delhi, India – 110001.
Tushar Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Tushar Estates is compliant as of 08 September 2026. The company is actively filing with the Registrar of Companies.