- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0060267

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 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.
| CIN | Status |
|---|---|
| U45400KA1998PTC023868 | Current |
| U65993KA1998PTC023868 | Previous |
Recognitions & Rankings of Tranquil Realty
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
- Website
- Social Media
- Registered Address'Vaswani Victoria' 3rd Floor 30 Victoria Road, Bangalore, Karnataka, India – 560047
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Tranquil Realty 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 Tranquil Realty 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 |
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 availableTranquil Realty Private Limited reported revenue of ₹6.98 Cr (down 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.49 Cr | ||||
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| Net Profit (PAT) | ₹2.84 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 | 64.3% | ||||
| Net Profit Margin | 40.7% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neville Maniklal Vaswani Also directs: Vaswani Realty Developments LLP, Shree Realtors Private Limited, Vaswani Whitefield Projects Private Limited and 5 more | Director | 01 Sep 2006 | 20 Years 2 Months | Current |
| Arun Atu Advani Also directs: Vaswani Realty Developments LLP, Shree Realtors Private Limited, Vaswani Whitefield Projects Private Limited and 5 more | Director | 01 Sep 2006 | 20 Years 2 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 40.7% | -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 firm | Financial year | Firm registration number |
|---|---|---|
| S JANARDHAN & ASSOCIATES | FY 2021 | 005310S |
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 category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 1999 | 90197533 | Corporation Bank | ₹49,000 | Open | |
| 23 Jun 2022 | 100594206 | Hdfc Bank Limited | ₹24 Cr | Satisfied | |
| 02 Dec 2021 | 100511649 | Others | ₹6.5 Cr | Satisfied | |
| 12 Oct 2021 | 100496127 | Others | ₹53.5 Cr | Satisfied | |
| 02 Jul 2019 | 100281000 | Others | ₹17.4 Cr | Satisfied |
To see the full charge records of Tranquil Realty Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Tranquil Realty Private Limited has 13 court cases on record: 13 filed by Tranquil Realty. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 0 | 2 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Commissioner | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against State of Karnataka and 2 others | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Department of Revenue | Disposed |
To see the full case history of Tranquil Realty 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 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCD0009Q1ZK | Karnataka | Active | 01 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.
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:
- Neville Maniklal Vaswani - Director
- Arun Atu Advani - Director
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.

