Honest Machinery Pvt Ltd

Manufactures and supplies high-speed pulp and paper plant machinery to major plants in South India.

1980 | Surat, Gujarat (India) | Active
Last Updated:

Honest Machinery Profile

Key Indicators

  • Authorised Capital ₹ 3.96 M
  • Paid Up Capital ₹ 3.96 M
  • Company Age 44 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 2726.99%
  • Profit Growth 4232.36%
  • Ebitda 1479.23%
  • Net Worth 51.63%
  • Total Assets -21.10%

About Honest Machinery

Honest Machinery Pvt Ltd (HMPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 October 1980 and has a history of 44 years and four months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Honest Iron And Engineering Works Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 3.96 M and a paid-up capital of Rs 3.96 M, as per Ministry of Corporate Affairs (MCA) records.

Denish Bhavsar and Jayesh Sonar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29259GJ1980PTC003972

  • Company No.

    003972

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 1980

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Honest Machinery Pvt Ltd offer?

Honest Machinery Pvt Ltd offers a wide range of products and services, including Paper Work & Making Machine, Paper Machinery, Paper Machinery Parts, Rewinding Machine, Slitting Rewinding Machine, Paper Mill Machinery, Integrated Circuits, Power IC, Industrial Mixers & Homogenizers, Agitator.

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

Board Members (2)

NameDesignationAppointment DateStatus
Denish Bhavsar Director 27-Aug-2024Current
Jayesh Sonar Director 27-Aug-2024Current

Financial Performance of Honest Machinery.

Honest Machinery Pvt Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 2726.99% increase. The company also saw a substantial improvement in profitability, with a 4232.36% increase in profit. The company's net worth Soared by an impressive increase of 51.63%.

Honest Machinery revenue growth over time
Honest Machinery 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
2726.99%
Revenue from Operations
Total Assets
-21.10%
Profit or Loss
4232.36%
Net Worth
51.63%
EBITDA
1479.23%

What is the Ownership and Shareholding Structure of Honest Machinery?

In 2018, Honest Machinery had a promoter holding of 0.45% and a public holding of 99.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Honest Machinery?

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

Employee growth trends for Honest Machinery Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Honest Machinery, 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 Machinery'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 Machinery

Recent activity within the organization

  • Director Appointment

    Denish Vinodchandra Bhavsar was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 6 months 8 days .

  • Director Appointment

    Jayesh Sonar was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 6 months 8 days .

  • Annual General Meeting

    Honest Machinery Pvt Ltd last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Honest Machinery Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

  • Company Incorporation

    Honest Machinery Pvt Ltd was registered on 06 Oct 1980 with Roc Ahmedabad & aged 44 years 4 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Honest Machinery Pvt Ltd?

    Honest Machinery Pvt Ltd was incorporated on 06 Oct 1980.

  • What is authorized share capital and paid-up capital of Honest Machinery Pvt Ltd?

    The authorized share capital of Honest Machinery Pvt Ltd is ₹ 3.96 M and paid-up capital is ₹ 3.96 M.

  • Who are the current board members & directors of Honest Machinery Pvt Ltd?

    Currently 2 directors are associated with Honest Machinery Pvt Ltd.

    • Denish Vinodchandra Bhavsar
    • Jayesh Sonar
  • What is the registered address of Honest Machinery Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Honest Machinery Pvt Ltd is 901 To 910 9Th Floor Apmc Krushi Bazar Sahara Darwaja, Ring Road India, Surat City, Gujarat, 395006.

  • What is the corporate identification number (CIN) and company number of Honest Machinery Pvt Ltd?

    The corporate identification number (CIN) of Honest Machinery Pvt Ltd is U29259GJ1980PTC003972 and the company number is 003972 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Honest Machinery Pvt Ltd?

    The Official website of Honest Machinery Pvt Ltd is https://www.honestpapermachines.com

  • What has been the recent revenue trend for Honest Machinery Pvt Ltd?

    According to the financial reports for the fiscal year 2021, the revenue trend for Honest Machinery Pvt Ltd has risen by 2726.99%.

  • What change has been observed in the net worth of Honest Machinery Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Honest Machinery Pvt Ltd has experienced an upsurge of 51.63%.

  • When was the last Balance Sheet of Honest Machinery Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Honest Machinery Pvt Ltd was filed with the ROC on 31 Mar 2022.

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