Tortoise Real Estates Private Limited
About Tortoise Real Estates Private Limited
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Tortoise Real Estates Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 14 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70101KA2005PTC037217. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹17.6 Lakh. It is led by directors Shruti Saraf and Saurabh Saraf.
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 No. 27 1st Floor 4th G Cross Magadi Main Road Kamakshipalya, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.55 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹5.97 Lakh (net margin 16.8%) and EBITDA of ₹7.98 Lakh (EBITDA margin 22.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹47.36 Cr and satisfied charges of ₹47.36 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tortoise Real Estates Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 27 1st Floor 4th G Cross Magadi Main Road Kamakshipalya, Bangalore, Karnataka, India – 560079
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Tortoise Real Estates 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
Financials of Tortoise Real Estates Private Limited
FY 2025 filings availableTortoise Real Estates Private Limited reported revenue of ₹35.55 Lakh (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 87% fall in the latest year. EBITDA rose 1% 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 | ₹7.98 Lakh | ||||
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| Net Profit (PAT) | ₹5.97 Lakh | ||||
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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 | 22.5% | ||||
| Net Profit Margin | 16.8% | ||||
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To see the full financial statements and ratios of Tortoise Real Estates Private Limited, buy the company report.
Board of directors of Tortoise Real Estates Private Limited
Tortoise Real Estates has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Saraf | Director | 26 Sep 2016 | 10 Years 1 Months | Current |
| Saurabh Saraf | Director | 26 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Tortoise Real Estates Private Limited is audited by GANERIWALA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANERIWALA & CO. | FY 2023 | 000855S |
Shareholding
The shareholding of Tortoise Real Estates 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 Tortoise Real Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2023 | 100843602 | State Bank of India | ₹47.36 Cr | Satisfied |
To see the full charge records of Tortoise Real Estates Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Tortoise Real Estates 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 Tortoise Real Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tortoise Real Estates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tortoise Real Estates Private Limited, buy the company report.
Recent activity
Tortoise Real Estates Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Bansal Rohit ceased to be Additional Director on 01 Dec 2020.
5 earlier events are in the company report.
Frequently asked questions
Tortoise Real Estates is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 14 September 2005 (21+ years old) and is registered under CIN U70101KA2005PTC037217.
Tortoise Real Estates has 2 current directors:
- Shruti Saraf - Director
- Saurabh Saraf - Director
The latest financial statements of Tortoise Real Estates 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.
No. Tortoise Real Estates has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Tortoise Real Estates is U70101KA2005PTC037217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tortoise Real Estates was incorporated on 14 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Bansal Rohit ceased to be Additional Director on 01 Dec 2020. Sai Siva Prasad Inguva ceased to be Additional Director on 01 Dec 2020. Sandeep Kumar ceased to be Director on 24 Oct 2016. Tortoise Real Estates has 12 board changes on record in total.
The registered office of Tortoise Real Estates is at No. 27 1st Floor 4th G Cross Magadi Main Road Kamakshipalya, Bangalore, Karnataka, India – 560079.
Tortoise Real Estates operates in the real estate and construction industry, in the real estate marketing and sales segment.
Tortoise Real Estates has open charges of ₹47.36 Cr and satisfied charges of ₹47.36 Cr as per latest MCA filings.
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