About Proptiger Marketing Services Private Limited
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Proptiger Marketing Services Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Rea India Pte Ltd. It operates in the real estate brokerage and services segment of the real estate and construction sector. It was incorporated on 03 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014FTC072864. Its GSTIN is 29AADCE5796M1ZT (Karnataka). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹77.46 Lakh. It was formerly known as Elara Marketing Services Private Limited. It is led by directors including Prakash Tejwani and Ajit Ravindra Joshi.
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 1st Floor Obeya Pulse No 7/1 Ulsoor Road Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.35 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹41.12 Cr (net margin -48.2%) and EBITDA of -₹40.03 Cr (EBITDA margin -46.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company has about 488 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PropTiger. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it. The company has 7 deals on record (7 rights issues); the latest was in July 2023. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proptiger.com.
Company details
Name history
Proptiger Marketing Services has undergone 2 name changes throughout its history. The company was previously known as Proptiger Marketing Services Private Limited, and Elara Marketing Services Private Limited. The current legal name is Proptiger Marketing Services Private Limited.
| Company Name | Status |
|---|---|
| Proptiger Marketing Services Private Limited | Current |
| Elara Marketing Services Private Limited | Previous |
Contact details
Proptiger Marketing Services Private Limited's registered office is in Bangalore, Karnataka. Its website is proptiger.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1st Floor Obeya Pulse No 7/1 Ulsoor Road Bangalore, Karnataka, India – 560042
- IndustryReal Estate and Construction, Real Estate Brokerage & Services
To see the full contact details of Proptiger Marketing Services 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
Brands
Proptiger Marketing Services operates one associated brand: PropTiger. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A platform for residential property buying is facilitated by PropTiger. | proptiger.com |
Business activity
The main business activity of Proptiger Marketing Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Proptiger Marketing Services Private Limited, buy the company report.
Financials of Proptiger Marketing Services Private Limited
FY 2025 filings availableProptiger Marketing Services Private Limited reported revenue of ₹85.35 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹40.03 Cr | ||||
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| Net Profit (PAT) | -₹41.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -46.9% | ||||
| Net Profit Margin | -48.2% | ||||
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To see the full financial statements and ratios of Proptiger Marketing Services Private Limited, buy the company report.
Board of directors of Proptiger Marketing Services Private Limited
Proptiger Marketing Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Tejwani | Director | 25 Sep 2025 | 1 Years 1 Months | Current |
| Ajit Ravindra Joshi Also directs: Aurum Proptech Limited, K2v2 Technologies Private Limited | Director | 25 Sep 2025 | 1 Years 1 Months | Current |
| Onkar Sunil Shetye Also directs: Aurum Proptech Limited, Yieldwisex Technologies Private Limited, Bonds Brain Technologies Private Limited and 1 more | Director | 25 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Proptiger Marketing Services Private Limited is audited by BSR&CO.LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR&CO.LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Proptiger Marketing Services 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 Proptiger Marketing Services Private Limited, buy the company report.
Deals & funding
Proptiger Marketing Services Private Limited has 7 deals on record (7 rights issues); the latest was in July 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Rights issue | ₹103.59 Cr | Investors: Rea India Pte Limited |
| Jul 2021 | Rights issue | ₹72.87 Cr | Investors: Rea India Pte Limited |
| Sep 2019 | Rights issue | ₹50.35 Cr | Investors: Rea India Pte Limited |
| Aug 2018 | Rights issue | ₹25.35 Cr | Investors: Rea India Pte Limited |
| Oct 2016 | Rights issue | ₹67.82 Cr | Investors: Rea India Pte Limited |
To see the full deal history of Proptiger Marketing Services 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
Proptiger Marketing Services Private Limited has 6 court cases on record: 4 filed by Proptiger Marketing Services, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Interim or miscellaneous application | Filed by the company against Assets Roster Pvt. Ltd. | Disposed |
| District court, East, Delhi | Execution petition | Filed by the company against Assets Roster Pvt. Ltd. | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed against the company by Access Serviced Offices Private Limited | Disposed |
| District court, East, Delhi | Court case (Civ Suit) | Filed by the company against Assets Roster Pvt Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against an individual | Disposed |
To see the full case history of Proptiger Marketing Services 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
Proptiger Marketing Services Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 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 |
|---|---|---|---|
| Benir E Store Solutions Private Limited |
To see the full MSME payment records of Proptiger Marketing Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Proptiger Marketing Services Private Limited has a workforce of 488 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Proptiger Marketing Services has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCE5796M1ZT | Karnataka | Active | 01 Jul 2017 |
| 06AADCE5796M1Z1 | Haryana | Active | 01 Jul 2017 |
| 09AADCE5796M1ZV | Uttar Pradesh | Active | 01 Jul 2017 |
| 19AADCE5796M1ZU | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Proptiger Marketing Services Private Limited, buy the company report.
Recent activity
Proptiger Marketing Services Private Limited has 15 board changes on record since 2014: 9 appointments and 6 cessations. The latest: Ajit Ravindra Joshi was appointed as Director on 25 Sep 2025.
6 earlier events are in the company report.
News
Frequently asked questions
Proptiger Marketing Services is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in real estate brokerage and services, within the real estate and construction industry. It was incorporated on 03 January 2014 (12+ years old) and is registered under CIN U74900KA2014FTC072864.
Proptiger Marketing Services has 3 current directors:
- Prakash Tejwani - Director
- Ajit Ravindra Joshi - Director
- Onkar Sunil Shetye - Director
The latest financial statements of Proptiger Marketing Services 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 Proptiger Marketing Services is 29AADCE5796M1ZT, registered in Karnataka. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 06AADCE5796M1Z1 (Haryana), 09AADCE5796M1ZV (Uttar Pradesh), 19AADCE5796M1ZU (West Bengal).
The CIN (Corporate Identification Number) of Proptiger Marketing Services is U74900KA2014FTC072864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proptiger Marketing Services has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the district courts.
Proptiger Marketing Services was incorporated on 03 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Proptiger Marketing Services has 7 deals on record (7 rights issues); the latest was in July 2023.
Ajit Ravindra Joshi was appointed as Director on 25 Sep 2025. Charu Kulshrestha ceased to be Director on 25 Sep 2025. Kunal Dhamani ceased to be Director on 25 Sep 2025. Proptiger Marketing Services has 15 board changes on record in total.
Proptiger Marketing Services has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 May 2019.
Proptiger Marketing Services can be reached through the website proptiger.com. Its registered office is in Bangalore, Karnataka, India.
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