Honest Alloys Profile
Key Indicators
- Authorised Capital ₹ 2.80 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 15 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 70.00 Cr
- Satisfied Charges ₹ 17.95 Cr
- Revenue Growth -29.04%
- Profit Growth -2015.13%
- Ebitda -225.43%
- Net Worth -60.96%
- Total Assets -74.61%
About Honest Alloys
Honest Alloys Private Limited (HAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 September 2009 and has a history of 15 years and four months. Its registered office is in Mahesana, Gujarat, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.80 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹70.00 Cr. The company has closed loans amounting to ₹17.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ketankumar Patel and Miralben Patel serve as directors at the Company.
Company Details
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Location
Mahesana, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27109GJ2009PTC058187
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Company No.
058187
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Sep 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Honest Alloys?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ketankumar Patel
|
Additional Director | 01-Apr-2024 | Current |
|
Miralben Patel
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Director | 10-Mar-2022 | Current |
Financial Performance of Honest Alloys.
Honest Alloys Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 29.04% decrease. The company also saw a substantial fall in profitability, with a 2015.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 60.96%.
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What is the Ownership and Shareholding Structure of Honest Alloys?
In 2022, Honest Alloys had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Pushpgreen Industry Private LimitedKetankumar Patel is a mutual person
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Khm Tubes Private Limited
Ketankumar Patel and Miralben Patel are mutual person
Charges (Loans)
₹70.00 Cr
₹17.95 Cr
Charges Breakdown by Lending Institutions
- Others : 70.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2022 | Others | ₹17.50 Cr | Open |
| 05 Aug 2022 | Others | ₹17.50 Cr | Open |
| 08 Oct 2015 | Others | ₹17.50 Cr | Open |
| 07 Oct 2015 | Others | ₹17.50 Cr | Open |
| 12 Feb 2019 | Others | ₹1.50 Cr | Satisfied |
How Many Employees Work at Honest Alloys?
Honest Alloys has a workforce of 10 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Honest Alloys, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Honest Alloys's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
