About Norma Developers Private Limited
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Norma Developers Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Pac Host Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2006PTC048407. Its GSTIN is 29AADCP9153B1ZE (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10.27 Lakh. It was formerly known as Alcor (Bangluru) Hotels Private Limited and Pacifica Hotels (Banglore Project) Private Limited. It is led by directors Jay Ramesh Chandani and Sanjil Ramesh Chandani.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 Sigma Corporate Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹12,161, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹4.39 Lakh and EBITDA of -₹3.77 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹115 Cr and satisfied charges of ₹254.79 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pacificacompanies.co.in.
Name History of Norma Developers Private Limited
Norma Developers has undergone 2 name changes throughout its history. The company was previously known as Alcor (Bangluru) Hotels Private Limited, and Pacifica Hotels (Banglore Project) Private Limited. The current legal name is Norma Developers Private Limited.
| Company Name | Status |
|---|---|
| Norma Developers Private Limited | Current |
| Alcor (Bangluru) Hotels Private Limited | Previous |
| Pacifica Hotels (Banglore Project) Private Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4 – 5 Sigma Corporate Park, Nr Mann Party Plot, Ahmedabad, Gujarat, India – 380054
- 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 Norma Developers Private Limited FY 2025 filings available
Norma Developers Private Limited reported revenue of ₹12,161 (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Norma Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 78% fall 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 Norma Developers Private Limited
| 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 | -₹3.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.39 Lakh | •••• | •••• | •••• | •••• |
| 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 Norma Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Norma 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.
Board of Directors of Norma Developers Private Limited
Norma 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 |
|---|---|---|---|---|
| Jay Ramesh Chandani | Director | 16 Jun 2018 | 8 Years 4 Months | Current |
| Sanjil Ramesh Chandani | Director | 16 Jun 2018 | 8 Years 4 Months | Current |
Peer Comparison of Norma Developers Private Limited
Norma Developers Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cliff Hotels Private Limited | ₹12,370 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Staynza Hotels Private Limited | ₹12,300 (FY 2024) | •••• | •••• | 128.0% | •••• | New Delhi, Delhi, India |
| Oracion Hotels & Resorts Private Limited | ₹12,200 (FY 2024) | •••• | •••• | •••• | Purulia, West Bengal, India | |
| Oak Rise Holiday Homes Private Limited | ₹12,200 (FY 2023) | •••• | •••• | 17.0% | •••• | Arpora, Goa, India |
| Krishan Kumar Hotels and Resorts Private Limited | ₹12,170 (FY 2018) | •••• | •••• | -11.0% | •••• | Jaipur, Rajasthan, India |
| Norma Developers Private Limited this company | ₹12,161 (FY 2025) | •••• | •••• | -78.0% | •••• | Ahmedabad, Gujarat, India |
| Le Loisir Resorts Limited | ₹12,118 (FY 2021) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Veda Resorts Private Limited | ₹12,004 (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Nirbhay Hotels Private Limited | ₹12,000 (FY 2024) | •••• | •••• | •••• | Mathura, Uttar Pradesh, India | |
| Welbens Ventures Private Limited | ₹12,000 (FY 2025) | •••• | •••• | •••• | Thiruvananthapuram, Kerala, India | |
| Beauty Paradise Resorts Private Limited | ₹12,000 (FY 2024) | •••• | •••• | -20.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Norma Developers by revenue in the Consumer Services industry (Hotels), 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 Norma Developers Private Limited
Norma Developers Private Limited is audited by Jain P.C. & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jain P.C. & 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.
Ownership and Shareholding of Norma 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 Norma Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2023 | Others | ₹115 Cr | Satisfied |
| 11 Apr 2022 | Others | ₹43.74 Cr | Satisfied |
| 01 Aug 2011 | Axis Bank Limited | ₹96.05 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Norma Developers Private Limited
Norma Developers Private Limited has 5 court cases on record: 4 filed by Norma Developers, 1 where it is another party. 4 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Company is another party | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against State of Gujarat | Pending |
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 5 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.
Employees and EPFO Compliance at Norma Developers Private Limited
Employment history and EPFO contributions of people linked to Norma 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.
Recent Activity on Norma Developers Private Limited
Norma Developers Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Alungoor Munivenkata Sharathchandra ceased to be Director on 16 Jun 2018.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Norma 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 Norma 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
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Subsidiaries & Group Companies of Norma 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.
GST Compliance of Norma Developers Private Limited
Norma Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP9153B1ZE | Karnataka | 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 Norma 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.
Frequently Asked Questions about Norma Developers Private Limited
Norma Developers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 June 2006 (20+ years old) and is registered under CIN U45201GJ2006PTC048407.
Norma Developers reported revenue of ₹12,161 for FY 2025 (down 78% YoY).
Norma Developers has 2 current directors:
- Jay Ramesh Chandani - Director
- Sanjil Ramesh Chandani - Director
Norma Developers reported a net loss of ₹4.39 Lakh and EBITDA of -₹3.77 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Norma Developers is -34% over three years and -17% over five years. In the latest year (FY 2025) revenue fell 78%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Norma Developers is 29AADCP9153B1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Norma Developers is U45201GJ2006PTC048407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Norma Developers has 5 court cases on record: 4 filed by the company. 4 are pending. Most are in the district courts.
Norma Developers was incorporated on 07 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Norma Developers by revenue are Cliff Hotels Private Limited, Staynza Hotels Private Limited, Oracion Hotels & Resorts Private Limited, Oak Rise Holiday Homes Private Limited, Krishan Kumar Hotels and Resorts Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Alungoor Munivenkata Sharathchandra ceased to be Director on 16 Jun 2018. Jay Ramesh Chandani was appointed as Director on 16 Jun 2018. Sanjil Ramesh Chandani was appointed as Director on 16 Jun 2018. Norma Developers has 6 board changes on record in total.