About Tulive Developers Limited
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Tulive Developers Limited is a public 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 26 December 1962 and has been in existence for over 64 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1962PLC012549. Its GSTIN is 33AAACK4787D1ZN (Tamil Nadu). Its shares are listed on BSE: 505285.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.15 Cr. It was formerly known as Kerry Jost Engineering Limited. It is led by directors including Vaidyanathan Suresh (Whole-Time Director) and Krishna Venkata Ramana Shetty.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 21/22 Loha Bhavan P. D. Mello Road, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2023, the company reported a revenue of ₹69.57 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 181.4%) and EBITDA of ₹1.52 Cr (EBITDA margin 219%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 17% over five years.
The company is associated with 1 brand: Tulive. As per MCA filings, the company has satisfied charges of ₹18 Cr on record. Court records list 15 cases involving the company, including 8 filed by the company and 4 filed against it; 1 case is pending. The company has 12 deals on record (11 market trades, 1 buyback); the latest was in February 2021. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Saiamrut Real Estate Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tulivedevelopers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address21/22 Loha Bhavan P. D. Mello Road, 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 Tulive Developers Limited FY 2025 filings available
Tulive Developers Limited reported revenue of ₹69.57 Lakh (up 155% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Tulive Developers Limited
Revenue rose 155% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 191% 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 Tulive Developers Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹69.57 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.26 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 of Tulive Developers Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 219% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 181.4% | •••• | •••• | •••• | •••• |
| 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 Tulive Developers 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 Tulive Developers Limited
Tulive Developers Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saiamrut Real Estate Private Limited | •••• | •••• | •••• | •••• | - | Shrirampur, Maharashtra, India |
| Dreamkraft Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Revanza Sengundram Industrial Parks Private Limited | •••• | •••• | •••• | •••• | - | Chennai City Corporation, Tamil Nadu, India |
| Impetus Marketing Privae Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Birmala Projects Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Tulive Developers Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sohna Realty Private Limited. | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Countrywide Home and Farms Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Asymmetrical Designs Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| SS Vijaya Lakshmi Infra & Property Developers Private Limited | •••• | •••• | •••• | •••• | - | Tadepalligudem, Andhra Pradesh, India |
| Ankithanika Enterprises Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Tulive Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Tulive Developers Limited
Tulive Developers Limited is audited by R Ramalingam & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R Ramalingam & Associates | 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 Tulive Developers Limited
Tulive Developers has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Venkata Ramana Shetty | Director | 30 Mar 2004 | 22 Years 6 Months | Current |
| Atul Gupta Also directs: Altis Ville LLP, Acura Agencies & Sales Limited Liability Partnership, Citadel Realtors Limited Liability Partnership and 2 more | Director | 30 Mar 2004 | 22 Years 6 Months | Current |
| Vaidyanathan Suresh | Whole-Time Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Bhumika Jignesh Shah Also directs: B&D Lawcentre LLP, SPV Global Trading Limited, Reliance Communications Tamil Nadu Limited and 1 more | Director | 25 Sep 2025 | 1 Years 0 Months | Current |
| Pradeep Bhandari Also directs: Mark Construction Private Limited | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Jacob George Kandathil | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
Ownership and Shareholding of Tulive Developers 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 Tulive Developers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2005 | Housing Development Finance Corp. Ltd. | ₹10 Cr | Satisfied |
| 19 Aug 2005 | Icici Bank Limited | ₹8 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Tulive Developers Limited
Tulive Developers Limited has 12 deals on record (11 market trades, 1 buyback); the latest was in February 2021.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Market trade | ₹46.1 Lakh | Buyer: an individual Seller: Asl Capital Holdings Private Limited |
| Jan 2021 | Market trade | ₹59.6 Lakh | Buyer: Vishesh Manish Agrawal Huf Seller: Asl Capital Holdings Private Limited |
| Nov 2020 | Market trade | ₹80.7 Lakh | Buyer: an individual Seller: Asl Capital Holdings Private Limited |
| Sep 2020 | Market trade | ₹85.4 Lakh | Buyer: an individual Seller: Asl Capital Holdings Private Limited |
| Jul 2020 | Market trade | ₹85.5 Lakh | Buyer: an individual Seller: Vincelle Services Private Limited |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Tulive Developers Limited
Tulive Developers Limited has 15 court cases on record: 8 filed by Tulive Developers, 4 filed against it, 3 where it is another party. 1 case is pending and 14 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 2 | 1 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (WVMP) | Filed against the company by Tamilnadu Zari Limited | Disposed |
| Madras High Court | Court case (WPMP) | Filed by the company against Tamilnadu Zari Limited | Disposed |
| Madras High Court | Writ petition | Filed by the company against Tamilnadu Zari Limited | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax-2 | Pending |
| Madras High Court | Interim or miscellaneous application | Company is another party | Disposed |
Full case history
All 15 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.
Associated Brands with Tulive Developers Limited
Tulive Developers operates one associated brand: Tulive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential apartments are developed and sold by Tulive. | tulivedevelopers.com |
Employees and EPFO Compliance at Tulive Developers Limited
Employment history and EPFO contributions of people linked to Tulive Developers.
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.
CIN History of Tulive Developers Limited
Tulive Developers has one previous CIN (Corporate Identification Number): U99999MH1962PTC012549. The current CIN is L99999MH1962PLC012549, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L99999MH1962PLC012549 | Current |
| U99999MH1962PTC012549 | Previous |
News related to Tulive Developers Limited
Recent Activity on Tulive Developers Limited
Tulive Developers Limited has 12 board changes on record since 2004: 9 appointments and 3 cessations. The latest: Bhumika Jignesh Shah was appointed as Director on 25 Sep 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tulive Developers 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 Tulive Developers 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 Tulive Developers 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 Tulive Developers Limited
Tulive Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACK4787D1ZN | Tamil Nadu | 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 Tulive Developers 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 Tulive Developers Limited
Tulive Developers is an active public 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 26 December 1962 (64+ years old) and is registered under CIN L99999MH1962PLC012549. Listed on BSE: 505285.
Tulive Developers reported revenue of ₹69.57 Lakh for FY 2023 (up 155% YoY).
Tulive Developers has 6 current directors:
- Vaidyanathan Suresh - Whole-Time Director
- Krishna Venkata Ramana Shetty - Director
- Atul Gupta - Director
- Bhumika Jignesh Shah - Director
- Pradeep Bhandari - Director
- Jacob George Kandathil - Director
Tulive Developers reported a net profit of ₹1.26 Cr (net margin 181.4%) and EBITDA of ₹1.52 Cr (EBITDA margin 219%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tulive Developers is 72% over three years and -17% over five years. In the latest year (FY 2023) revenue rose 155%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tulive Developers is 33AAACK4787D1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Tulive Developers is L99999MH1962PLC012549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Tulive Developers is listed on BSE with code 505285.
Tulive Developers has 15 court cases on record: 8 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Tulive Developers was incorporated on 26 December 1962, making it 64+ years old. It is registered with the Registrar of Companies, Mumbai.
Tulive Developers has 12 deals on record (11 market trades, 1 buyback); the latest was in February 2021.