
Heather Real Estate Private Limited
About Heather Real Estate Private Limited
Data last updated:
Heather Real Estate Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 14 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70109PB2013PTC038101.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Avenue Chemicals Private Limited. It is led by directors Rakesh Kumar Nagpal and Priyaka Khanna.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 274 Dhandari Khurd G.T. Road, Ludhiana, Punjab, India – 141014.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.35 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹97,197 (net margin -10.4%) and EBITDA of -₹41,957 (EBITDA margin -4.5%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Heather Real Estate has one previous CIN (Corporate Identification Number): U24231PB2013PTC038101. The current CIN is U70109PB2013PTC038101, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109PB2013PTC038101 | Current |
| U24231PB2013PTC038101 | Previous |
Contact details
Heather Real Estate Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address274 Dhandari Khurd G.T. Road, Ludhiana, Punjab, India – 141014
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Heather Real Estate 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 Heather Real Estate 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 Heather Real Estate Private Limited, buy the company report.
Financials of Heather Real Estate Private Limited
FY 2025 filings availableHeather Real Estate Private Limited reported revenue of ₹9.35 Lakh (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 35% fall in the latest year. EBITDA fell 103% 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 |
|---|---|---|---|---|---|
| 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 | -₹41,957 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹97,197 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.5% | ||||
| Net Profit Margin | -10.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Heather Real Estate Private Limited, buy the company report.
Board of directors of Heather Real Estate Private Limited
Heather Real Estate 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 |
|---|---|---|---|---|
| Rakesh Kumar Nagpal | Director | 11 Nov 2021 | 4 Years 11 Months | Current |
| Priyaka Khanna | Director | 04 Feb 2020 | 6 Years 9 Months | Current |
Peer comparison
Heather Real Estate 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 |
|---|---|---|---|---|---|---|
| Holiday Spots Private Limited | ₹9.36 Lakh (FY 2024) | -26.0% | Chennai, Tamil Nadu, India | |||
| Lord Krishna Construction and Consultants Private Limited | ₹9.36 Lakh (FY 2024) | 150.0% | New Delhi, Delhi, India | |||
| Clove Trading Private Limited | ₹9.36 Lakh (FY 2021) | -61.0% | Mumbai, Maharashtra, India | |||
| Channi Buildcon Private Limited | ₹9.35 Lakh (FY 2024) | -1.0% | Chandigarh, India | |||
| Heather Real Estate Private Limitedthis company | ₹9.35 Lakh (FY 2025) | -₹97,197 | -10.4% | -35.0% | Ludhiana, Punjab, India | |
| Interdec Furnishers Private Limited | ₹9.35 Lakh (FY 2025) | 22.0% | Delhi, India | |||
| Super Belts Private Ltd | ₹9.35 Lakh (FY 2024) | 18900.0% | Faridabad, Haryana, India | |||
| Ascent Agency Private Limited | ₹9.34 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| C.T. Realtors Private Limited | ₹9.34 Lakh (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Tanzanite Realty India Private Limited | ₹9.33 Lakh (FY 2022) | 44.0% | Bangalore, Karnataka, India | |||
| Podar Apparels Private Limited | ₹9.33 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Heather Real Estate Private Limited, buy the company report.
Auditor
Heather Real Estate Private Limited is audited by Dinesh Mehtani & Company for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh Mehtani & Company | FY 2017 | 025897N |
Shareholding
The shareholding of Heather Real Estate 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 Heather Real Estate Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Heather Real Estate 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 Heather Real Estate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Heather Real Estate Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Heather Real Estate Private Limited has 10 board changes on record since 2013: 6 appointments and 4 cessations. The latest: Jaya Kumar ceased to be Director on 11 Nov 2021.
1 earlier event is in the company report.
Frequently asked questions
Heather Real Estate is an active private limited company based in Ludhiana, Punjab, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 14 November 2013 (13+ years old) and is registered under CIN U70109PB2013PTC038101.
Heather Real Estate has 2 current directors:
- Rakesh Kumar Nagpal - Director
- Priyaka Khanna - Director
The latest financial statements of Heather Real Estate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Heather Real Estate is U70109PB2013PTC038101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heather Real Estate was incorporated on 14 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Heather Real Estate by revenue are Holiday Spots Private Limited, Lord Krishna Construction and Consultants Private Limited, Clove Trading Private Limited, Channi Buildcon Private Limited, Interdec Furnishers Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Jaya Kumar ceased to be Director on 11 Nov 2021. Rakesh Kumar Nagpal was appointed as Director on 11 Nov 2021. Ashish Biswal ceased to be Additional Director on 04 Feb 2020. Heather Real Estate has 10 board changes on record in total.
The registered office of Heather Real Estate is at 274 Dhandari Khurd G.T. Road, Ludhiana, Punjab, India – 141014.
Heather Real Estate operates in the real estate industry, in the real estate leasing segment.
The compliance status of Heather Real Estate is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.
Yes. Heather Real Estate was formerly known as Avenue Chemicals Private Limited.

