About Tropicana Habitats Private Limited
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Tropicana Habitats Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Mantri Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2010PTC055722. Its GSTIN is 29AAGCM8395M1ZH (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mantri Habitats Private Limited and Jupiter Habitats Private Limited. It is led by directors Gopinath Raj Kumar and Methuku Srinivas.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 5 Rich Homes, No 5/1 Richmond Road Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.17 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.16 Cr (net margin 10.5%) and EBITDA of ₹27.56 Cr (EBITDA margin 91.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹260 Cr and satisfied charges of ₹256 Cr on record. Court records list 20 cases involving the company, including 8 filed by the company and 12 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mantri.in.
Company details
Name history
Tropicana Habitats has undergone 6 name changes throughout its history. The current legal name is Tropicana Habitats Private Limited.
| Company Name | Status |
|---|---|
| Tropicana Habitats Private Limited | Current |
| Mantri Habitats Private Limited | Previous |
| Jupiter Habitats Private Limited | Previous |
| Habitats Private Limited | Previous |
| Habitat Real Estate Developers Private Limited | Previous |
| Habitats Holding Private Limited | Previous |
Contact details
Tropicana Habitats Private Limited's registered office is in Bangalore, Karnataka. Its website is mantri.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 5 Rich Homes, No 5/1 Richmond Road Bangalore, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Tropicana Habitats 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 Tropicana Habitats is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Tropicana Habitats Private Limited, buy the company report.
Financials of Tropicana Habitats Private Limited
FY 2025 filings availableTropicana Habitats Private Limited reported revenue of ₹30.17 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 8% 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 |
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| EBITDA | ₹27.56 Cr | ||||
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| Net Profit (PAT) | ₹3.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.3% | ||||
| Net Profit Margin | 10.5% | ||||
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To see the full financial statements and ratios of Tropicana Habitats Private Limited, buy the company report.
Board of directors of Tropicana Habitats Private Limited
Tropicana Habitats has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopinath Raj Kumar Also directs: Deeta Constructions Private Limited, Calendula Enterprises Private Limited, PVK Koramangala Development Private Limited and 5 more | Director | 16 Dec 2022 | 3 Years 10 Months | Current |
| Methuku Srinivas Also directs: Castles Vista Private Limited, Pratibha Realtors Private Limited, Minerva Infra Tech Private Limited and 5 more | Director | 18 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Tropicana Habitats Private Limited is audited by Venkatesh & Raghavendra for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Venkatesh & Raghavendra | FY 2023 | 019367S |
Shareholding
The shareholding of Tropicana Habitats Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tropicana Habitats Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2018 | 100166119 | Others | ₹260 Cr | Open | |
| 04 Jan 2017 | 100075227 | Lakshmi Vilas Bank Limited | ₹140 Cr | Satisfied | |
| 11 Mar 2014 | 10490334 | Punjab National Bank | ₹50 Cr | Satisfied | |
| 13 Jan 2014 | 10476570 | Punjab National Bank | ₹66 Cr | Satisfied |
To see the full charge records of Tropicana Habitats Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Tropicana Habitats Private Limited has 20 court cases on record: 8 filed by Tropicana Habitats, 12 filed against it. 6 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 10 | 4 |
| High courts | 5 | 2 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Yes Bank Limited, and 2 others | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Yes Bank Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Yes Bank Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by PVK Koramangala Development Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Bangalore Metro Rail Corporation Limited 1 and 25 others | Disposed |
To see the full case history of Tropicana Habitats 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 Tropicana Habitats Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tropicana Habitats has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM8395M1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tropicana Habitats Private Limited, buy the company report.
Recent activity
Tropicana Habitats Private Limited has 13 board changes on record since 2013: 2 appointments and 11 cessations. The latest: Gopinath Raj Kumar ceased to be Additional Director on 29 Sep 2023.
13 earlier events are in the company report.
Frequently asked questions
Tropicana Habitats 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 02 November 2010 (16+ years old) and is registered under CIN U70102KA2010PTC055722.
Tropicana Habitats has 2 current directors:
- Gopinath Raj Kumar - Director
- Methuku Srinivas - Director
The latest financial statements of Tropicana Habitats on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tropicana Habitats is 29AAGCM8395M1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Tropicana Habitats is U70102KA2010PTC055722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tropicana Habitats has 20 court cases on record: 8 filed by the company and 12 filed against it. 6 are pending. Most are in the district courts.
Tropicana Habitats was incorporated on 02 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Gopinath Raj Kumar ceased to be Additional Director on 29 Sep 2023. Gopinath Raj Kumar was appointed as Director on 16 Dec 2022. Sujit Kumar Panda ceased to be Additional Director on 17 Jan 2022. Tropicana Habitats has 13 board changes on record in total.
Tropicana Habitats can be reached through the website mantri.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Tropicana Habitats is at C – 5 Rich Homes, No 51 Richmond Road Bangalore, Karnataka, India – 560025.
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