About Esquire Mall Developers Private Limited
Data last updated:
Esquire Mall Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Vaswani Estates Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2006PTC038723. Its GSTIN is 29AABCE5694C1ZJ (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Esquire Estates Developers Private Limited. It is led by directors Neville Maniklal Vaswani and Arun Atu Advani.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 'Vaswani Victoria' 3rd Floor 30 Victoria Road, Bangalore, Karnataka, India – 560047.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.5 Lakh. For the same year it recorded a net profit of ₹58,991 (net margin 39.3%) and EBITDA of ₹59,039 (EBITDA margin 39.4%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 57% over five years.
As per MCA filings, the company has satisfied charges of ₹11 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaswanigroup.com.
Company details
Contact details
Esquire Mall Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is vaswanigroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address'Vaswani Victoria' 3rd Floor 30 Victoria Road, Bangalore, Karnataka, India – 560047
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Esquire Mall Developers 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 Esquire Mall Developers is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Esquire Mall Developers Private Limited, buy the company report.
Financials of Esquire Mall Developers Private Limited
FY 2025 filings availableEsquire Mall Developers Private Limited reported revenue of ₹1.5 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years. EBITDA rose 185% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹59,039 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58,991 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.4% | ||||
| Net Profit Margin | 39.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Esquire Mall Developers Private Limited, buy the company report.
Board of directors of Esquire Mall Developers Private Limited
Esquire Mall Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neville Maniklal Vaswani Also directs: Vaswani Realty Developments LLP, Shree Realtors Private Limited, Vaswani Whitefield Projects Private Limited and 5 more | Director | 10 Mar 2006 | 20 Years 8 Months | Current |
| Arun Atu Advani Also directs: Vaswani Realty Developments LLP, Shree Realtors Private Limited, Vaswani Whitefield Projects Private Limited and 5 more | Director | 10 Mar 2006 | 20 Years 8 Months | Current |
Auditor
Esquire Mall Developers Private Limited is audited by KANISH JAIN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANISH JAIN & CO | FY 2022 | 013839S |
Shareholding
The shareholding of Esquire Mall Developers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Esquire Mall Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2007 | 10063173 | Corporation Bank | ₹11 Cr | Satisfied |
To see the full charge records of Esquire Mall Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Esquire Mall Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Esquire Mall Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Esquire Mall Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE5694C1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Esquire Mall Developers Private Limited, buy the company report.
Recent activity
Esquire Mall Developers Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Arun Atu Advani ceased to be Managing Director on 15 Mar 2018.
Frequently asked questions
Esquire Mall Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 March 2006 (20+ years old) and is registered under CIN U45201KA2006PTC038723.
Esquire Mall Developers has 2 current directors:
- Neville Maniklal Vaswani - Director
- Arun Atu Advani - Director
The latest financial statements of Esquire Mall Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Esquire Mall Developers is 29AABCE5694C1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Esquire Mall Developers is U45201KA2006PTC038723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Esquire Mall Developers was incorporated on 10 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Arun Atu Advani ceased to be Managing Director on 15 Mar 2018. Neville Maniklal Vaswani ceased to be Managing Director on 15 Mar 2018. Arun Atu Advani was appointed as Director on 10 Mar 2006. Esquire Mall Developers has 4 board changes on record in total.
Esquire Mall Developers can be reached through the website vaswanigroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Esquire Mall Developers is at Vaswani Victoria 3rd Floor 30 Victoria Road, Bangalore, Karnataka, India – 560047.
Esquire Mall Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
