
Tulip Properties Private Limited
About Tulip Properties Private Limited
Data last updated:
Tulip Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2012PTC230455. Its GSTIN is 27AAECT2236Q1ZW (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Kirit Dalichand Sanghvi and Abhay Kantilal Shah.
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 12 Mahesh Chambers 391 Narshi Natha Street Masjid West, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.86 Cr. For the same year it recorded a net profit of ₹38.56 Lakh (net margin 20.8%) and EBITDA of ₹1.41 Cr (EBITDA margin 75.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹13.23 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address12 Mahesh Chambers 391 Narshi Natha Street Masjid West, Mumbai, Maharashtra, India – 400009
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Financials of Tulip Properties Private Limited FY 2025 filings available
Tulip Properties Private Limited reported revenue of ₹1.86 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tulip Properties Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years. EBITDA fell 7% 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 of Tulip Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.41 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38.56 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 of Tulip Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tulip Properties are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Tulip Properties Private Limited
Tulip Properties Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ravi Ranjan Developers Private Limited | ₹1.86 Cr (FY 2025) | •••• | •••• | 25856.0% | •••• | Patna, Bihar, India |
| LMD Real Estate Services Private Limited | ₹1.86 Cr (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Ashtvinayak Civicon Private Limited | ₹1.86 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Satna, Madhya Pradesh, India |
| SKG Combines Private Limited | ₹1.86 Cr (FY 2024) | •••• | •••• | 979.0% | •••• | Bhawanipatna, Odisha, India |
| Fieldstone Construction Private Limited | ₹1.86 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Mumbai, Maharashtra, India |
| Tulip Properties Private Limited this company | ₹1.86 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Falcon Electro-Tek Private Limited | ₹1.86 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Thane, Maharashtra, India |
| Global India Infra Promoters Private Limited | ₹1.86 Cr (FY 2024) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Jaisridevi Homes Private Limited | ₹1.86 Cr (FY 2024) | •••• | •••• | -88.0% | •••• | Hyderabad, Telangana, India |
| Rialto Consultants and Developers Private Limited | ₹1.86 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Techops Infrastructure Private Limited | ₹1.86 Cr (FY 2024) | •••• | •••• | -72.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Tulip Properties by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Tulip Properties Private Limited
Tulip Properties Private Limited is audited by U V SHAH & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| U V SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Tulip Properties Private Limited
Tulip Properties 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 |
|---|---|---|---|---|
| Kirit Dalichand Sanghvi Also directs: Vdco Enterprises LLP, Acme Polytwist Private Limited | Director | 01 May 2012 | 14 Years 5 Months | Current |
| Abhay Kantilal Shah Also directs: Jay Packers (India) LLP, Ishan Technopac Solutions Private Limited, Abrita Solutions Private Limited and 1 more | Director | 01 May 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Tulip Properties Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tulip Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2018 | Yes Bank Limited | ₹3.23 Cr | Satisfied |
| 28 Mar 2013 | Aditya Birla Finance Limited | ₹10 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Tulip Properties Private Limited
Tulip Properties Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by State Bank of India | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Tulip Properties Private Limited
Employment history and EPFO contributions of people linked to Tulip Properties.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Tulip Properties Private Limited
Tulip Properties Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Aditya Mahesh Shavdia ceased to be Director on 01 Apr 2017.
Credit Ratings, Litigation & Regulatory Alerts for Tulip Properties Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tulip Properties Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tulip Properties Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Tulip Properties Private Limited
Tulip Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECT2236Q1ZW | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tulip Properties Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Tulip Properties Private Limited
Tulip Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 May 2012 (14+ years old) and is registered under CIN U70102MH2012PTC230455.
Tulip Properties reported revenue of ₹1.86 Cr for FY 2025.
Tulip Properties has 2 current directors:
- Kirit Dalichand Sanghvi - Director
- Abhay Kantilal Shah - Director
Tulip Properties reported a net profit of ₹38.56 Lakh (net margin 20.8%) and EBITDA of ₹1.41 Cr (EBITDA margin 75.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tulip Properties is -3% over three years and -2% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tulip Properties is 27AAECT2236Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tulip Properties is U70102MH2012PTC230455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tulip Properties has 1 court case on record: 1 filed against it.
Tulip Properties was incorporated on 01 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tulip Properties by revenue are Ravi Ranjan Developers Private Limited, LMD Real Estate Services Private Limited, Ashtvinayak Civicon Private Limited, SKG Combines Private Limited, Fieldstone Construction Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Aditya Mahesh Shavdia ceased to be Director on 01 Apr 2017. Kunal Kamlesh Sheth ceased to be Director on 01 Apr 2017. Abhay Kantilal Shah was appointed as Director on 01 May 2012. Tulip Properties has 4 board changes on record in total.