- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0048401

About Tarangan Developers Private Limited
Data last updated:
Tarangan Developers Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 18 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC157392. Its GSTIN is 02AACCT3561G1ZP (Himachal Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹97.75 Lakh. It is led by directors Prashant Babasaheb Wasade (Managing Director) and Gaurav Jain.
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 5 Stplink Rd Sadar, Nagpur, Maharashtra, India – 440001.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.16 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹6.57 Lakh (net margin -1.1%) and EBITDA of ₹1.03 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.79 Cr on record. Court records list 23 cases involving the company, including 14 filed by the company and 9 filed against it; 7 cases are pending.
Tarangan Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0048401). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aamod.in.
Company details
Recognitions & Rankings of Tarangan Developers
Contact details
Tarangan Developers Private Limited's registered office is in Nagpur, Maharashtra. Its website is aamod.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address5 Stplink Rd Sadar, Nagpur, Maharashtra, India – 440001
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Tarangan 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 Tarangan Developers is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Tarangan Developers Private Limited, buy the company report.
Financials of Tarangan Developers Private Limited
FY 2025 filings availableTarangan Developers Private Limited reported revenue of ₹6.16 Cr (up 4% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 4% growth in the latest year. EBITDA fell 13% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹6.16 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.03 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.57 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 16.7% | |||
| Net Profit Margin | -1.1% | |||
| 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 Tarangan Developers Private Limited, buy the company report.
Board of directors of Tarangan Developers Private Limited
Tarangan Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Babasaheb Wasade Also directs: Tarangan Leisure Private Limited, Varun Aluminium (India) Private Limited, Milestone Infraventures Private Limited and 2 more | Managing Director | 18 Nov 2005 | 20 Years 11 Months | Current |
| Gaurav Jain Also directs: VKC Nuts Private Limited, Tarangan Leisure Private Limited, Glade Destination Private Limited and 2 more | Director | 01 Jan 2007 | 19 Years 9 Months | Current |
Auditor
Tarangan Developers Private Limited is audited by R A GUPTA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A GUPTA & ASSOCIATES | FY 2018 | 128210W |
Shareholding
The shareholding of Tarangan Developers Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tarangan Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2018 | 100160896 | Others | ₹2.4 Lakh | Open | |
| 28 Apr 2017 | 100098205 | Others | ₹2 Lakh | Open | |
| 29 Nov 2013 | 10468407 | Oriental Bank of Commerce | ₹75 Lakh | Open | |
| 17 Jun 2010 | 10230653 | Oriental Bank of Commerce | ₹2.5 Cr | Open | |
| 16 Jun 2010 | 10231358 | Oriental Bank of Commerce | ₹2.5 Cr | Open |
Total charge records: 5 View all charges
Legal cases
Tarangan Developers Private Limited has 23 court cases on record: 14 filed by Tarangan Developers, 9 filed against it. 7 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 3 | 3 |
| District courts | 11 | 6 | 4 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S Divya Realtors Pvt.Ltd and 2 others | Pending |
| High Court, MAHARASHTRA | Court case (MCA) | Filed by the company against Divya Realtors Pvt. Ltd., Nagpur Through Its Director, Gaurishankar Sachani and 5 others | Disposed |
| District court, Nagpur, Maharashtra | Court case (Civil M.A.) | Filed by the company against M/S Divya Realtors Pvt. Ltd. and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Divya Realtors Private Ltd., THR. Director, Gaurishankar Sachchani and 2 others | Disposed |
| District court, Nagpur, Maharashtra | Court case (R.C.A.) | Filed against the company by M/S Divya Realtors Pvt.Ltd and 2 others | Disposed |
To see the full case history of Tarangan Developers 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 Tarangan Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tarangan Developers Private Limited has a workforce of 42 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Tarangan Developers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AACCT3561G1ZP | Himachal Pradesh | Active | 01 Jul 2017 |
| 06AACCT3561G1ZH | Haryana | Active | 30 Aug 2018 |
To see the full GST registrations and return filing status of Tarangan Developers Private Limited, buy the company report.
Recent activity
Tarangan Developers Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Brijesh Singh Bisht ceased to be Director on 12 Apr 2021.
2 earlier events are in the company report.
Frequently asked questions
Tarangan Developers is an active private limited company based in Nagpur, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 18 November 2005 (21+ years old) and is registered under CIN U45200MH2005PTC157392.
Tarangan Developers has 2 current directors:
- Prashant Babasaheb Wasade - Managing Director
- Gaurav Jain - Director
The latest financial statements of Tarangan Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tarangan Developers is 02AACCT3561G1ZP, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCT3561G1ZH (Haryana).
The CIN (Corporate Identification Number) of Tarangan Developers is U45200MH2005PTC157392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tarangan Developers has 23 court cases on record: 14 filed by the company and 9 filed against it. 7 are pending. Most are in the high courts.
Tarangan Developers was incorporated on 18 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Brijesh Singh Bisht ceased to be Director on 12 Apr 2021. Anil Onkardas Rathi ceased to be Director on 28 Aug 2018. Sanjay Babasaheb Wasade ceased to be Director on 28 Aug 2018. Tarangan Developers has 6 board changes on record in total.
Yes, Tarangan Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0048401).
Tarangan Developers can be reached through the website aamod.in. Its registered office is in Nagpur, Maharashtra, India.