Honest Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 05-12-2024
- Paid Up Capital ₹ 0.50 M
as on 05-12-2024
- Company Age 12 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.86 Cr
as on 05-12-2024
- Satisfied Charges ₹ 3.28 Cr
as on 05-12-2024
- Revenue -17.60%
(FY 2020)
- Profit 648.64%
(FY 2020)
- Ebitda 105.32%
(FY 2020)
- Net Worth 12.16%
(FY 2020)
- Total Assets 6.66%
(FY 2020)
About Honest Industries
The Company is engaged in the Manufacturing 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 1.00 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹1.86 Cr. The company has closed loans amounting to ₹3.28 Cr, as per Ministry of Corporate Affairs (MCA) records.
Omkarsinh Mahida and Jaypalsinh Mahida serve as directors at the Company.
- CIN/LLPIN
U29254GJ2012PTC072045
- Company No.
072045
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Sep 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Honest Industries?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Omkarsinh Mahida  | Director | 20-Sep-2012 | Current |
| Jaypalsinh Mahida | Additional Director | 11-Feb-2019 | Current |
Financial Performance of Honest Industries.
Honest Industries Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 17.6% decrease. The company also saw a substantial improvement in profitability, with a 648.64% increase in profit. The company's net worth Soared by an impressive increase of 12.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Honest Industries?
In 2020, Honest Industries 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)
Electro Sine Technologies Private LimitedActive 2 years 11 daysJaypalsinh Mahida is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Jan 2018 | ₹1.86 Cr | Open |
The Ahmedabad Mercantile Co-Operative Bank Ltd Creation Date: 03 Jun 2013 | ₹3.28 Cr | Satisfied |
How Many Employees Work at Honest Industries?
Unlock and access historical data on people associated with Honest Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Honest Industries, 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 Industries'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.
