About Neptune Realty Private Limited
Data last updated:
Neptune Realty Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70100GJ1999PTC036250. Its GSTIN is 24AAACN9837D1ZI (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Tanmay Surendrabhai Patel and Niral Krupeshbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Neptune Campus Near Atlantis Heights Sarabhai Marg Vadiwadi, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2024, the company reported a revenue of ₹65.59 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹1.47 Cr (net margin 2.2%) and EBITDA of ₹3.8 Cr (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 9% over five years.
The company has about 84 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Neptune Realty Group and Avalance. As per MCA filings, the company has open charges of ₹37.35 Cr and satisfied charges of ₹156.9 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company; 3 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 neptunerealtygroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNeptune Campus Near Atlantis Heights Sarabhai Marg Vadiwadi, Vadodara, Gujarat, India – 390007
- 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
Business Activity of Neptune Realty Private Limited
The main business activity of Neptune Realty is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Neptune Realty Private Limited FY 2025 filings available
Neptune Realty Private Limited reported revenue of ₹65.59 Cr (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Neptune Realty Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 39% growth in the latest year. EBITDA rose 5% 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 of Neptune Realty Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.47 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Neptune Realty Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Neptune Realty are in the company report.
Financial statements from 2015
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.
Peer Comparison of Neptune Realty Private Limited
Neptune Realty Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apart Constructions Private Limited | •••• | •••• | •••• | •••• | - | Dlf Qe, Haryana, India |
| KS Constructions (Angel) Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Maheshwari Infratech Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Sun Infraengineering Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Skyhigh Infraprojects Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Neptune Realty Private Limited this company | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Asnani Builders and Developers Ltd | •••• | •••• | •••• | •••• | - | Huzur, Madhya Pradesh, India |
| Pentagon Builders Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ambattur Developers Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Versha Technotrade Private Limited | •••• | •••• | •••• | •••• | - | Assam, India |
| Expo Trans India Limited | •••• | •••• | •••• | •••• | - | Gorakhpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Neptune Realty by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Neptune Realty Private Limited
Neptune Realty Private Limited is audited by MUKUND & ROHIT for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKUND & ROHIT | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Neptune Realty Private Limited
Neptune Realty has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanmay Surendrabhai Patel Also directs: Atlanta Uhv Transformers LLP, VJ Transform LLP, Atlanta Electricals Limited and 5 more | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
| Niral Krupeshbhai Patel Also directs: Atlanta Uhv Transformers LLP, VJ Transform LLP, Atlanta Electricals Limited and 5 more | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
| Amish Krupeshbhai Patel Also directs: Atlanta Uhv Transformers LLP, VJ Transform LLP, Atlanta Electricals Limited and 5 more | Officer In Default | 15 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Neptune Realty Private Limited
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 Neptune Realty Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2025 | Others | ₹2.35 Cr | Open |
| 11 Jun 2024 | Others | ₹20 Cr | Open |
| 12 Jan 2024 | State Bank of India | ₹15 Cr | Open |
| 29 Mar 2024 | State Bank of India | ₹57 Cr | Satisfied |
| 20 May 2020 | State Bank of India | ₹24.36 Cr | Satisfied |
Total charge records: 15 View all charges
Legal Cases of Neptune Realty Private Limited
Neptune Realty Private Limited has 8 court cases on record: 3 filed by Neptune Realty, 5 where it is another party. 3 cases are pending and 5 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 2 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (SPCS) | Company is another party | Pending |
| High Court of Gujarat | Appeal | Company is another party | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| High Court of Gujarat | Court case (MCA) | Company is another party | Disposed |
| High Court of Gujarat | Court case (COMP) | Filed by the company | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Neptune Realty Private Limited
Neptune Realty operates two associated brands: Neptune Realty Group and Avalance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops residential apartments, commercial offices, and real estate projects in Vadodara. | neptunerealtygroup.com | |
| Provides comprehensive IT security training and consulting solutions to enhance digital protection. | avalance.in |
Employees and EPFO Compliance at Neptune Realty Private Limited
Neptune Realty Private Limited has a workforce of 84 employees as of Apr 07, 2024.
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.
Group Structure of Neptune Realty Private Limited
Neptune Realty has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Neptune Infraspace Private Limited | U45201GJ2009PTC058695 | Locked |
| Avalance Global Solutions Private Limited | U64201GJ2015PTC084855 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Neptune Realty Private Limited
Neptune Realty Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Krupeshbhai Narharibhai Patel ceased to be Director on 07 Aug 2025.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Neptune Realty Private Limited
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 Neptune Realty Private Limited
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 Neptune Realty Private Limited
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 Neptune Realty Private Limited
Neptune Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN9837D1ZI | Gujarat | Active | 01 Jul 2017 |
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 Neptune Realty Private Limited
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 Neptune Realty Private Limited
Neptune Realty is an active private limited company based in Vadodara, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 July 1999 (27+ years old) and is registered under CIN U70100GJ1999PTC036250.
Neptune Realty reported revenue of ₹65.59 Cr for FY 2024 (up 39% YoY).
Neptune Realty has 3 current directors:
- Tanmay Surendrabhai Patel - Director
- Niral Krupeshbhai Patel - Director
- Amish Krupeshbhai Patel - Officer In Default
Neptune Realty reported a net profit of ₹1.47 Cr (net margin 2.2%) and EBITDA of ₹3.8 Cr (EBITDA margin 5.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neptune Realty is 26% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neptune Realty is 24AAACN9837D1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Neptune Realty is U70100GJ1999PTC036250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neptune Realty has 8 court cases on record: 3 filed by the company. 3 are pending. Most are in the high courts.
Neptune Realty was incorporated on 07 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Neptune Realty by revenue are Apart Constructions Private Limited, KS Constructions (Angel) Private Limited, Maheshwari Infratech Private Limited, Sun Infraengineering Private Limited, Skyhigh Infraprojects Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Krupeshbhai Narharibhai Patel ceased to be Director on 07 Aug 2025. Amish Krupeshbhai Patel was appointed as Officer In Default on 15 Mar 2024. Navinbhai Natubhai Patel ceased to be Director on 31 Mar 2018. Neptune Realty has 8 board changes on record in total.