- #1,090 Patanjali Govind Keswani & family ₹2,400 Cr

About Toucan Real Estates Private Limited
Data last updated:
Toucan Real Estates Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Spank Management Services Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 December 2006 and has been in existence for over 20 years.
Its director Patanjali Govind Keswani and family are #1,090 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45200DL2006PTC156838. Its GSTIN is 06AACCT6168R1ZL (Haryana).
The company has an authorised share capital of ₹72 Cr and a paid-up capital of ₹71.47 Cr. It is led by directors including Patanjali Govind Keswani and Aditya Madhav Keswani.
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 B 6/17 Safdarjung Enclave, New Delhi, Delhi, India – 110029.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.64 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹12.59 Lakh (net margin -92.3%) and EBITDA of -₹10.46 Lakh (EBITDA margin -76.7%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 43% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹40.59 Lakh and satisfied charges of ₹15 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website toucanestates.com.
Company details
Recognitions & Rankings of Toucan Real Estates
Contact details
Toucan Real Estates Private Limited's registered office is in New Delhi, Delhi. Its website is toucanestates.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB 6/17 Safdarjung Enclave, New Delhi, Delhi, India – 110029
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Toucan 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
Business activity
The main business activity of Toucan Real Estates is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Toucan Real Estates Private Limited
FY 2025 filings availableToucan Real Estates Private Limited reported revenue of ₹13.64 Lakh (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 95% fall in the latest year. EBITDA fell 105% 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 | -₹10.46 Lakh | ||||
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| Net Profit (PAT) | -₹12.59 Lakh | ||||
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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 | -76.7% | ||||
| Net Profit Margin | -92.3% | ||||
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To see the full financial statements and ratios of Toucan Real Estates Private Limited, buy the company report.
Board of directors of Toucan Real Estates Private Limited
Toucan Real Estates 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 |
|---|---|---|---|---|
| Patanjali Govind Keswani Also directs: Lemon Tree Hotels Limited, Crow Real Estates Private Limited, Oceanus Development Company Private Limited and 5 more | Director | 20 Dec 2006 | 19 Years 10 Months | Current |
| Aditya Madhav Keswani Also directs: Lemon Tree Hotels Limited, Crow Real Estates Private Limited, Oceanus Development Company Private Limited and 5 more | Director | 03 Jan 2017 | 9 Years 10 Months | Current |
| Nayana Ria Keswani | Director | 20 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Toucan Real Estates Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ganpati Constructions Pvt Ltd | ₹13.64 Lakh (FY 2025) | -2.0% | Jaipur, Rajasthan, India | |||
| Toucan Real Estates Private Limitedthis company | ₹13.64 Lakh (FY 2025) | -₹12.59 Lakh | -92.3% | -95.0% | New Delhi, Delhi, India | |
| Gajra Home Builders Private Limited | ₹13.64 Lakh (FY 2025) | 255.0% | Navi Mumbai, Maharashtra, India | |||
| Aabhishek Ventures Private Limited | ₹13.63 Lakh (FY 2025) | 812.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Toucan Real Estates Private Limited, buy the company report.
Auditor
Toucan Real Estates Private Limited is audited by APAS & CO. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| APAS & CO. LLP | FY 2022 | 000340C/C400308 |
Shareholding
The shareholding of Toucan Real Estates 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 Toucan Real Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2021 | 100484997 | Hdfc Bank Limited | ₹40.59 Lakh | Open | |
| 27 Mar 2018 | 100190718 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 04 Sep 2008 | 10125892 | Axis Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Toucan Real Estates Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Toucan Real Estates Private Limited has 2 court cases on record: 2 filed by Toucan Real Estates. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Appeal | Filed by the company against State of Haryana and Others | Disposed |
| District court, Gurugram, Haryana | Court case (LAC) | Filed by the company against Land Acquisition Collector | Disposed |
To see the full case history of Toucan Real Estates 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 Toucan Real Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Toucan Real Estates has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Myna Real Estates Private Limited | U45400DL2007PTC169551 |
To see the full group structure of Toucan Real Estates Private Limited, buy the company report.
GST
Toucan Real Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCT6168R1ZL | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Toucan Real Estates Private Limited, buy the company report.
Recent activity
Toucan Real Estates Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Nayana Ria Keswani ceased to be Additional Director on 30 Sep 2019.
4 earlier events are in the company report.
Frequently asked questions
Toucan Real Estates is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 December 2006 (20+ years old) and is registered under CIN U45200DL2006PTC156838.
Toucan Real Estates has 3 current directors:
- Patanjali Govind Keswani - Director
- Aditya Madhav Keswani - Director
- Nayana Ria Keswani - Director
The latest financial statements of Toucan 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.
The GSTIN of Toucan Real Estates is 06AACCT6168R1ZL, registered in Haryana.
The CIN (Corporate Identification Number) of Toucan Real Estates is U45200DL2006PTC156838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Toucan Real Estates has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Toucan Real Estates was incorporated on 20 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Toucan Real Estates by revenue are Ganpati Constructions Pvt Ltd, Gajra Home Builders Private Limited, Aabhishek Ventures Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Nayana Ria Keswani ceased to be Additional Director on 30 Sep 2019. Nayana Ria Keswani was appointed as Director on 20 Nov 2018. Aditya Madhav Keswani ceased to be Additional Director on 29 Sep 2017. Toucan Real Estates has 6 board changes on record in total.
Toucan Real Estates can be reached through the website toucanestates.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Toucan Real Estates is at B 617 Safdarjung Enclave, New Delhi, Delhi, India – 110029.

