Honest Enterprise Private Limited

Trading SS flat products, sourcing from domestic manufacturers and imports, awarded 'Star Export House' status.

1999 | Vadodara, Gujarat (India) | Active
Last Updated:

Honest Enterprise Profile

Key Indicators

  • Authorised Capital ₹ 5.80 Cr
  • Paid Up Capital ₹ 2.39 Cr
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 59.20 Cr
  • Satisfied Charges ₹ 78.68 Cr
  • Revenue Growth 22.35%
  • Profit Growth 0.42%
  • Ebitda -5.41%
  • Net Worth 6.34%
  • Total Assets 38.79%

About Honest Enterprise

Honest Enterprise Private Limited (HEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 1999 and has a history of 25 years and eight months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Honest Enterprise Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 5.80 Cr and a paid-up capital of Rs 2.39 Cr.

The company currently has active open charges totaling ₹59.20 Cr. The company has closed loans amounting to ₹78.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Honest Enterprise Private Limited India is Rajkumar Luther as CEO. Laxmichand Vaghela, Hitesh Vaghela, and Usha Vaghela serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27209GJ1999PTC036414

  • Company No.

    036414

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Honest Enterprise Private Limited offer?

Honest Enterprise Private Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Cold Rolled Coils, Rounded Pipe, Stainless Steel Round Pipe, Steel Bars, Rods, Plates & Sheets, Stainless Steel Plate, Stainless Steel Sheet, Designer Stainless Steel Sheet, Metal & Metal Made Products.

Company report

Honest Enterprise Private Limited

Explore comprehensive data for Honest Enterprise Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Honest Enterprise?

Executive Team (2)

NameDesignationAppointment DateStatus
Hitesh Vaghela Country flag representing In Managing Director12-Aug-1999Current
Rajkumar Luther CEO01-Dec-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Laxmichand Vaghela Country flag representing In Whole-Time Director 12-Aug-1999Current
Usha Vaghela Country flag representing In Whole-Time Director 12-Aug-1999Current

Financial Performance of Honest Enterprise.

Honest Enterprise Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.35% increase. The company also saw a slight improvement in profitability, with a 0.42% increase in profit. The company's net worth moved up by a moderate rise of 6.34%.

Honest Enterprise revenue growth over time
Honest Enterprise profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.35%
Revenue from Operations
22.58%
Total Assets
38.79%
Profit or Loss
0.42%
Net Worth
6.34%
EBITDA
-5.41%

What is the Ownership and Shareholding Structure of Honest Enterprise?

In 2023, Honest Enterprise had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.20 Cr

Satisfied Charges

₹78.68 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 59.20 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 2013State Bank Of India₹29.60 CrOpen
08 Aug 2013State Bank Of India₹29.60 CrOpen
04 Jan 2022Hdfc Bank Limited₹0.09 MSatisfied
10 Oct 2014State Bank Of India₹9.90 CrSatisfied
10 Jul 2010Kotak Mahindra Bank Limited₹5.00 MSatisfied

How Many Employees Work at Honest Enterprise?

Unlock and access historical data on people associated with Honest Enterprise, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Honest Enterprise Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Honest Enterprise, 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 Enterprise's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Honest Enterprise

Recent activity within the organization

  • Annual General Meeting

    Honest Enterprise Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Honest Enterprise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 04 Jan 2022 via Charge ID 100543682 with Hdfc Bank Limited was fully satisfied on 09 May 2023.

  • Charges

    A charge with State Bank Of India of Rs. 29.60 Cr registered on 13 Aug 2013 with Charge ID 10444085 was modified on 28 Apr 2023.

  • Charges

    A charge with State Bank Of India of Rs. 29.60 Cr registered on 08 Aug 2013 with Charge ID 10444059 was modified on 06 Apr 2023.

  • Charges

    A charge registered on 26 Feb 2008 via Charge ID 10093665 with Ge Capital Transportation Financial Services Limited was fully satisfied on 23 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Honest Enterprise Private Limited?

    Honest Enterprise Private Limited was incorporated on 12 Aug 1999.

  • What is authorized share capital and paid-up capital of Honest Enterprise Private Limited?

    The authorized share capital of Honest Enterprise Private Limited is ₹ 5.80 Cr and paid-up capital is ₹ 2.39 Cr.

  • Who are the current board members & directors of Honest Enterprise Private Limited?

    Currently 4 directors are associated with Honest Enterprise Private Limited.

    • Laxmichand Vaghmal Vaghela
    • Hitesh Laxmichand Vaghela
    • Usha Hitesh Vaghela
    • Rajkumar Amarnath Luther

  • What is the registered address of Honest Enterprise Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Honest Enterprise Private Limited is 118 Meghdoot Apartment Near Apsara Cinema Pratapnagar Road, India, Vadodara, Gujarat, 390004.

  • What is the corporate identification number (CIN) and company number of Honest Enterprise Private Limited?

    The corporate identification number (CIN) of Honest Enterprise Private Limited is U27209GJ1999PTC036414 and the company number is 036414 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Honest Enterprise Private Limited?

    The Official website of Honest Enterprise Private Limited is https://www.honestlimited.net

  • What has been the recent revenue trend for Honest Enterprise Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Honest Enterprise Private Limited has risen by 22.35%.

  • What change has been observed in the net worth of Honest Enterprise Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Honest Enterprise Private Limited has experienced an upsurge of 6.34%.

  • What are the total open charges for Honest Enterprise Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Honest Enterprise Private Limited amount to ₹ 59.20 Cr.

  • When was the last Balance Sheet of Honest Enterprise Private Limited filed with the ROC?

    The most recent Balance Sheet for Honest Enterprise Private Limited was filed with the ROC on 31 Mar 2024.

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