Tushar Developers Private Limited
About Tushar Developers Private Limited
Data last updated:
Tushar Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accommodation services by hotel segment of the tourism and accommodation sector. It was incorporated on 14 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2012PTC232208.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹66.5 Lakh. It was formerly known as Avaya Developers Private Limited. It is led by directors Ranjana Surendra Chaturvedi (Manager) and Surendra Kumar Chaturvedi (Manager).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.66 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹33,971 (net margin 7.3%) and EBITDA of ₹33,971 (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 12% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGround Floor Tushar Bunglow Ashok Chakravarti Road Kandivali (East) Opp. Caf Coffee, Day, Mumbai, Maharashtra, India – 400101
- IndustryTourism And Accommodation, Accommodation Services By Hotel, Holiday Homes, Resorts, Hostel, Inns
- 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
Business Activity of Tushar Developers Private Limited
The main business activity of Tushar Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Tushar Developers Private Limited
Tushar Developers Private Limited is audited by ARV & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARV & 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 Tushar Developers Private Limited
Tushar Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjana Surendra Chaturvedi | Manager | 15 Oct 2024 | 1 Years 11 Months | Current |
| Surendra Kumar Chaturvedi Also directs: Ranjana Township Private Limited, Tushar and Ranjana Construction Private Limited, Ranjana Realtors Private Limited and 3 more | Manager | 15 Oct 2024 | 1 Years 11 Months | Current |
Financials of Tushar Developers Private Limited FY 2025 filings available
Tushar Developers Private Limited reported revenue of ₹4.66 Lakh (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Tushar Developers Private Limited
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 123% 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 Tushar Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | ₹33,971 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33,971 | •••• | •••• | •••• | •••• |
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Financial Ratios of Tushar Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Tushar 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.
Ownership and Shareholding of Tushar Developers 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 Tushar Developers Private Limited
Tushar Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Tushar Developers Private Limited
Employment history and EPFO contributions of people linked to Tushar 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.
GST Compliance of Tushar Developers Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Tushar Developers 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 Tushar Developers 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 Tushar Developers 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.
MCA Filings & Documents of Tushar Developers 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.
Recent Activity on Tushar Developers Private Limited
Frequently Asked Questions about Tushar Developers Private Limited
Tushar Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in accommodation services by hotel, within the tourism and accommodation industry. It was incorporated on 14 June 2012 (14+ years old) and is registered under CIN U45203MH2012PTC232208.
Tushar Developers reported revenue of ₹4.66 Lakh for FY 2024 (down 32% YoY).
Tushar Developers has 2 current directors:
- Ranjana Surendra Chaturvedi - Manager
- Surendra Kumar Chaturvedi - Manager
Tushar Developers reported a net profit of ₹33,971 (net margin 7.3%) and EBITDA of ₹33,971 (EBITDA margin 7.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tushar Developers is 22% over three years and 12% over five years. In the latest year (FY 2024) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Tushar Developers is U45203MH2012PTC232208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tushar Developers was incorporated on 14 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Tushar Developers is at Ground Floor Tushar Bunglow Ashok Chakravarti Road Kandivali East Opp. Caf Coffee, Day, Mumbai, Maharashtra, India – 400101.
Tushar Developers has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹66.5 Lakh.