
Honest Estates Private Limited
About Honest Estates Private Limited
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Honest Estates Private Limited is a private limited company based in Delhi, India, a subsidiary of Oberoi Buildcon Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL1997PTC090501.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.24 Cr. It is led by directors Aman Mehta and Naman Mehta.
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 Ba – 17A Dda Flats Ashok Vihar Phase – I, Delhi, India – 110052.
As per the financials filed for FY 2024, the company reported a revenue of ₹20,000. For the same year it recorded a net loss of ₹9,508 (net margin -47.5%) and EBITDA of -₹8,508 (EBITDA margin -42.5%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBa – 17A Dda Flats Ashok Vihar Phase – I, Delhi, India – 110052
- 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 Honest Estates Private Limited FY 2025 filings available
Honest Estates Private Limited reported revenue of ₹20,000 for FY 2024.
Financial Statement Summary of Honest Estates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹8,508 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9,508 | •••• | •••• | •••• | •••• |
| 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 Honest Estates Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -47.5% | •••• | •••• | •••• | •••• |
| 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 Honest Estates 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 Honest Estates Private Limited
Honest Estates 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 |
|---|---|---|---|---|---|---|
| Honest Estates Private Limited this company | ₹20,000 (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Kanhaiya Softech Private Limited | ₹20,000 (FY 2025) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Sumukhaa Developers Private Limited | ₹20,000 (FY 2025) | •••• | •••• | 25.0% | •••• | West Bengal, India |
| Prominent Real Estate Private Limited | ₹20,000 (FY 2020) | •••• | •••• | -17.0% | •••• | Derabassi, Punjab, India |
| SKB Housing and Projects Private Limited | ₹20,000 (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Flame Agri Projects and Hospitalities Private Limited | ₹20,000 (FY 2025) | •••• | •••• | -46.0% | •••• | Navi Mumbai, Maharashtra, India |
| B B Real Infra Estates Private Limited | ₹20,000 (FY 2024) | •••• | •••• | 5.0% | •••• | Siliguri, West Bengal, India |
| Mittal Buildmart Private Limited | ₹20,000 (FY 2019) | •••• | •••• | •••• | Greater Noida, Uttar Pradesh, India | |
| SKB Infrastructure Private Limited | ₹20,000 (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Unified Developers Private Limited | ₹20,000 (FY 2017) | •••• | •••• | -91.0% | •••• | New Delhi, Delhi, India |
| Milestone Infraventures Private Limited | ₹20,000 (FY 2025) | •••• | •••• | 71.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Honest Estates 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 Honest Estates Private Limited
Honest Estates Private Limited is audited by NITIN ANIL JAIN & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NITIN ANIL JAIN & 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 Honest Estates Private Limited
Honest Estates has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aman Mehta Also directs: Mahaan Buildcon Private Limited, Gaiety Buildcon Private Limited, Paul Garments Private Limited and 4 more | Director | 12 May 2015 | 11 Years 4 Months | Current |
| Naman Mehta Also directs: Aman Buildwell Private Limited, Heena Texfab Private Limited, Aadi Height and Promoters Private Limited and 5 more | Director | 16 Apr 2013 | 13 Years 5 Months | Current |
Ownership and Shareholding of Honest Estates 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 Honest Estates Private Limited
Honest Estates Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Honest Estates Private Limited
Employment history and EPFO contributions of people linked to Honest Estates.
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 Honest Estates Private Limited
Honest Estates Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Aman Mehta was appointed as Director on 12 May 2015.
Credit Ratings, Litigation & Regulatory Alerts for Honest Estates 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 Honest Estates 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 Honest Estates 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 Honest Estates 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.
MCA Filings & Documents of Honest Estates 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 Honest Estates Private Limited
Honest Estates is an active private limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 November 1997 (29+ years old) and is registered under CIN U70101DL1997PTC090501.
Honest Estates reported revenue of ₹20,000 for FY 2024.
Honest Estates has 2 current directors:
- Aman Mehta - Director
- Naman Mehta - Director
Honest Estates reported a net loss of ₹9,508 (net margin -47.5%) and EBITDA of -₹8,508 (EBITDA margin -42.5%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Honest Estates is U70101DL1997PTC090501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honest Estates was incorporated on 03 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Honest Estates by revenue are Kanhaiya Softech Private Limited, Sumukhaa Developers Private Limited, Prominent Real Estate Private Limited, SKB Housing and Projects Private Limited, Flame Agri Projects and Hospitalities Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Aman Mehta was appointed as Director on 12 May 2015. Mahesh Mehta ceased to be Director on 12 May 2015. Rajeev Soni ceased to be Additional Director on 17 Apr 2013. Honest Estates has 7 board changes on record in total.
The registered office of Honest Estates is at Ba – 17A Dda Flats Ashok Vihar Phase – I, Delhi, India – 110052.
Honest Estates has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.24 Cr.
Honest Estates operates in the real estate and construction industry, in the real estate builders and developers segment.