Tranquil Realty Private Limited

Tranquil Realty Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U45400KA1998PTC023868 Incorporated 22 June 1998 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services MSME · Medium
Data last updated
Revenue · FY 2025
₹6.98 Cr
▼ 86% YoY
Net profit · FY 2025
₹2.84 Cr
Net margin 40.7%
EBITDA · FY 2025
₹4.49 Cr
EBITDA margin 64.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹49,000
Satisfied ₹311.09 Cr
Company age
28 yrs
Est. 1998
Directors on board
2
As per MCA filings

About Tranquil Realty Private Limited

Data last updated:

Tranquil Realty Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Vaswani Estates Developers Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 22 June 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA1998PTC023868. Its GSTIN is 29AABCD0009Q1ZK (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It was formerly known as Devart Investments Private Limited. It is led by directors Neville Maniklal Vaswani and Arun Atu Advani.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 'Vaswani Victoria' 3rd Floor 30 Victoria Road, Bangalore, Karnataka, India – 560047.

As per the financials filed for FY 2025, the company reported a revenue of ₹6.98 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Cr (net margin 40.7%) and EBITDA of ₹4.49 Cr (EBITDA margin 64.3%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 29% over five years.

As per MCA filings, the company has open charges of ₹49,000 and satisfied charges of ₹311.09 Cr on record. Court records list 13 cases involving the company, including 13 filed by the company; 2 cases are pending.

Tranquil Realty Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0060267). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaswanigroup.com.

Company details

CIN U45400KA1998PTC023868
Registration Number 023868
Incorporation Date 22 June 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Vaswani Estates Developers Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0060267

CIN history

Tranquil Realty has one previous CIN (Corporate Identification Number): U65993KA1998PTC023868. The current CIN is U45400KA1998PTC023868, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U45400KA1998PTC023868Current
U65993KA1998PTC023868Previous

Recognitions & Rankings of Tranquil Realty

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0060267

Contact details

Tranquil Realty Private Limited's registered office is in Bangalore, Karnataka. Its website is vaswanigroup.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    'Vaswani Victoria' 3rd Floor 30 Victoria Road, Bangalore, Karnataka, India – 560047
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of Tranquil Realty Private Limited, buy the company report.

Comprehensive company report
Tranquil Realty Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Tranquil Realty is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Tranquil Realty Private Limited, buy the company report.

Financials of Tranquil Realty Private Limited

FY 2024 filings available

Tranquil Realty Private Limited reported revenue of ₹6.98 Cr (down 86% YoY) for FY 2025.

Revenue · FY 2025
₹6.98 Cr ▼ 86%
Net profit · FY 2025
₹2.84 Cr margin 40.7%
EBITDA · FY 2025
₹4.49 Cr margin 64.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 86%
3 years · compounded
▼ 52%
5 years · compounded
▼ 29%
EBITDA CAGR growth
1 year
▼ 81%
3 years · compounded
▼ 35%
5 years · compounded
▼ 17%

Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 86% fall in the latest year. EBITDA fell 81% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹4.49 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.84 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin64.3%
Net Profit Margin40.7%
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 Tranquil Realty Private Limited, buy the company report.

Board of directors of Tranquil Realty Private Limited

Tranquil Realty has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Neville Maniklal VaswaniDirector01 Sep 200620 Years 2 MonthsCurrent
Arun Atu AdvaniDirector01 Sep 200620 Years 2 MonthsCurrent

Peer comparison

Tranquil Realty Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Builders and Developers, Real Estate Leasing), with the same principal business activity (buildings), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Supertech Infrastructure Private Limited₹7 Cr (FY 2019)5.0%New Delhi, Delhi, India
Tranquil Realty Private Limitedthis company₹6.98 Cr (FY 2025)₹2.84 Cr40.7%-86.0%Bangalore, Karnataka, India
Eden Landmarks Private Limited₹6.97 Cr (FY 2023)1434.0%Pune, Maharashtra, India
Mallick & Sons Infrastructure Private Limited₹6.97 Cr (FY 2024)26.0%Kolkata, West Bengal, India

To see the full peer comparison of Tranquil Realty Private Limited, buy the company report.

Auditor

Tranquil Realty Private Limited is audited by S JANARDHAN & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
S JANARDHAN & ASSOCIATESFY 2021005310S

Shareholding

The shareholding of Tranquil Realty Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tranquil Realty Private Limited, buy the company report.

Charges & borrowings

Open charges
₹49,000
Satisfied charges
₹311.09 Cr
Breakdown by lending institutions
Corporation Bank₹0.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Mar 199990197533Corporation Bank₹49,000Open
23 Jun 2022100594206Hdfc Bank Limited₹24 CrSatisfied
02 Dec 2021100511649Others₹6.5 CrSatisfied
12 Oct 2021100496127Others₹53.5 CrSatisfied
02 Jul 2019100281000Others₹17.4 CrSatisfied

To see the full charge records of Tranquil Realty Private Limited, buy the company report.

Total charge records: 11 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tranquil Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Tranquil Realty has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCD0009Q1ZKKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Tranquil Realty Private Limited, buy the company report.

Recent activity

Tranquil Realty Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Arun Atu Advani ceased to be Managing Director on 15 Mar 2018.

AGM
Tranquil Realty Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Tranquil Realty Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 23 Jun 2022 via Charge ID 100594206 with Hdfc Bank Limited was fully satisfied on 28 Jul 2023.
Charges
A charge registered on 02 Dec 2021 via Charge ID 100511649 with Others was fully satisfied on 13 Dec 2022.
Charges
A charge registered on 12 Oct 2021 via Charge ID 100496127 with Others was fully satisfied on 13 Dec 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 2,400.00 Lakh registered on 23 Jun 2022 with Charge ID 100594206 was modified on 12 Aug 2022.
Charges
A charge registered on 02 Jul 2019 via Charge ID 100281000 with Others was fully satisfied on 06 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,400.00 Lakh with Charge ID 100594206 was registered on 23 Jun 2022.
Charges
A charge with Others amounted to Rs. 650.00 Lakh with Charge ID 100511649 was registered on 02 Dec 2021.
Charges
A charge with Others amounted to Rs. 5,350.00 Lakh with Charge ID 100496127 was registered on 12 Oct 2021.
Charges
A charge registered on 26 Oct 2017 via Charge ID 100140989 with Others was fully satisfied on 12 Aug 2021.
Charges
A charge registered on 16 Sep 2017 via Charge ID 100127133 with Others was fully satisfied on 12 Aug 2021.

20 earlier events are in the company report.

Frequently asked questions

Tranquil Realty is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 22 June 1998 (28+ years old) and is registered under CIN U45400KA1998PTC023868.

Tranquil Realty has 2 current directors:

The latest financial statements of Tranquil Realty on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Tranquil Realty is 29AABCD0009Q1ZK, registered in Karnataka.

The CIN (Corporate Identification Number) of Tranquil Realty is U45400KA1998PTC023868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tranquil Realty has 13 court cases on record: 13 filed by the company. 2 are pending. Most are in the high courts.

Tranquil Realty was incorporated on 22 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Tranquil Realty by revenue are Supertech Infrastructure Private Limited, Eden Landmarks Private Limited, Mallick & Sons Infrastructure Private Limited, all in the BFSI industry (Builders and Developers, Real Estate Leasing), with the same principal business activity (buildings).

Arun Atu Advani ceased to be Managing Director on 15 Mar 2018. Neville Maniklal Vaswani ceased to be Managing Director on 15 Mar 2018. Arun Atu Advani was appointed as Director on 01 Sep 2006. Tranquil Realty has 4 board changes on record in total.

Yes, Tranquil Realty is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0060267).

Tranquil Realty can be reached through the website vaswanigroup.com. Its registered office is in Bangalore, Karnataka, India.