Norwest Estates Private Limited
About Norwest Estates Private Limited
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Norwest Estates Private Limited is a private limited company based in Chandigarh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 28 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74210CH1998PTC022084. Its GSTIN is 04AABCN2728C1Z1 (Chandigarh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Mangat Verma and Rattan Lal Goyal.
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 1220 Sector 19 B Chandigarh, Chandigarh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.95 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹60.97 Lakh (net margin 61.6%) and EBITDA of ₹90.68 Lakh (EBITDA margin 91.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 24% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Norwest Estates Private Limited's registered office is in Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1220 Sector 19 B Chandigarh, Chandigarh, India
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Norwest Estates 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 Norwest Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Norwest Estates Private Limited, buy the company report.
Financials of Norwest Estates Private Limited
FY 2025 filings availableNorwest Estates Private Limited reported revenue of ₹98.95 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 6% growth in the latest year. EBITDA rose 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹90.68 Lakh | ||||
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| Net Profit (PAT) | ₹60.97 Lakh | ||||
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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 | 91.6% | ||||
| Net Profit Margin | 61.6% | ||||
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To see the full financial statements and ratios of Norwest Estates Private Limited, buy the company report.
Board of directors of Norwest Estates Private Limited
Norwest Estates has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangat Verma Also directs: Canam Developers LLP, Canhim Riverwood LLP, Canhim Infrastructure Private Limited and 1 more | Director | 10 Mar 2000 | 26 Years 7 Months | Current |
| Rattan Lal Goyal | Director | 28 Dec 1998 | 27 Years 9 Months | Current |
| Rajat Goyal Also directs: Shree Ganesh Textile Mills Ltd, Phulkari Estates Private Limited | Director | 23 Mar 2015 | 11 Years 7 Months | Current |
| Surender Tuteja Kumar Also directs: Red Carpet Living LLP, Nisus Finance Services Co Limited, T Bhimjyani Warehousing Cold Chain Private Limited and 5 more | Director | 29 Apr 2013 | 13 Years 5 Months | Current |
Peer comparison
Norwest Estates Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DRS Automotive India Private Limited | ₹99 Lakh (FY 2025) | -40.0% | Delhi, India | |||
| Amiraj Agro Farms Private Limited | ₹99 Lakh (FY 2025) | 236.0% | Mumbai, Maharashtra, India | |||
| Amandeep Transport and Leasing India Private Limited | ₹98.98 Lakh (FY 2025) | 24.0% | Sangrur, Punjab, India | |||
| Inspiretech Realty Private Limited | ₹98.98 Lakh (FY 2019) | 105.0% | Noida, Uttar Pradesh, India | |||
| Swansgreen Infra Project Private Limited | ₹98.96 Lakh (FY 2024) | Patna, Bihar, India | ||||
| Norwest Estates Private Limitedthis company | ₹98.95 Lakh (FY 2025) | ₹60.97 Lakh | 61.6% | 6.0% | Chandigarh, India | |
| Chirag Associates Private Limited | ₹98.92 Lakh (FY 2025) | -56.0% | New Delhi, Delhi, India | |||
| Tribune Hotels Private Limited | ₹98.9 Lakh (FY 2022) | 1.0% | Hyderab Ad, Telangana, India | |||
| Shree Jain Shwetambar Terapanth Nagar Private Limited | ₹98.9 Lakh (FY 2024) | -69.0% | Bhilwara, Rajasthan, India | |||
| J K Avtar Industries (I) Private Limited | ₹98.89 Lakh (FY 2025) | 26.0% | Jorabat, Assam, India | |||
| Aashna Properties Pvt Ltd | ₹98.89 Lakh (FY 2025) | -7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Norwest Estates Private Limited, buy the company report.
Auditor
Norwest Estates Private Limited is audited by MEHAN ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHAN ASSOCIATES | FY 2017 | 004592N |
Shareholding
The shareholding of Norwest Estates Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Norwest Estates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Norwest Estates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Norwest Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Norwest Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AABCN2728C1Z1 | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Norwest Estates Private Limited, buy the company report.
Recent activity
Norwest Estates Private Limited has 9 board changes on record since 1998: 4 appointments and 5 cessations. The latest: Neeraj Chhabra ceased to be Director on 08 Feb 2020.
Frequently asked questions
Norwest Estates is an active private limited company based in Chandigarh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 28 December 1998 (28+ years old) and is registered under CIN U74210CH1998PTC022084.
Norwest Estates has 4 current directors:
- Mangat Verma - Director
- Rattan Lal Goyal - Director
- Rajat Goyal - Director
- Surender Tuteja Kumar - Director
The latest financial statements of Norwest Estates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Norwest Estates is 04AABCN2728C1Z1, registered in Chandigarh.
The CIN (Corporate Identification Number) of Norwest Estates is U74210CH1998PTC022084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Norwest Estates was incorporated on 28 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Norwest Estates by revenue are DRS Automotive India Private Limited, Amiraj Agro Farms Private Limited, Amandeep Transport and Leasing India Private Limited, Inspiretech Realty Private Limited, Swansgreen Infra Project Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Neeraj Chhabra ceased to be Director on 08 Feb 2020. Harmesh Chand ceased to be Director on 19 Nov 2019. Gian Chand Verma ceased to be Director on 10 Apr 2019. Norwest Estates has 9 board changes on record in total.
The registered office of Norwest Estates is at 1220 Sector 19 B Chandigarh, Chandigarh, India.
Norwest Estates operates in the real estate industry, in the real estate leasing segment.
The compliance status of Norwest Estates is active non-compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.