Honest Marketing Private Limited

Alcohol and non-alcohol drink trading and marketing company.

1990 | Nashik, Maharashtra (India) | Active
Last Updated: February 01, 2025

Honest Marketing Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.40 M
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 56.70 Cr
  • Satisfied Charges ₹ 20.49 Cr
  • Revenue Growth 26.62%
  • Profit Growth 14.51%
  • Ebitda 12.33%
  • Net Worth 42.20%
  • Total Assets 10.23%

About Honest Marketing

Honest Marketing Private Limited (HMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 December 1990 and has a history of 34 years and two months. Its registered office is in Nashik, Maharashtra, India.

The Company is engaged in the Food And Beverages 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 5.00 M and a paid-up capital of Rs 0.40 M.

The company currently has active open charges totaling ₹56.70 Cr. The company has closed loans amounting to ₹20.49 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhupindersingh Balwantsingh, Yohan Rub, and Harpreet Kau serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1990PTC059494

  • Company No.

    059494

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

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

Board Members (3)

NameDesignationAppointment DateStatus
Bhupindersingh Balwantsingh Country flag representing In Additional Director 11-Apr-2011Current
Yohan Rub Country flag representing In Director 01-Oct-2011Current
Harpreet Kau Country flag representing In Director 06-Nov-2019Current

Financial Performance of Honest Marketing.

Honest Marketing Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.62% increase. The company also saw a substantial improvement in profitability, with a 14.51% increase in profit. The company's net worth Soared by an impressive increase of 42.2%.

Graph illustrating revenue growth over time
Graph showing 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
26.62%
Revenue from Operations
26.49%
Total Assets
10.23%
Profit or Loss
14.51%
Net Worth
42.20%
EBITDA
12.33%

What is the Ownership and Shareholding Structure of Honest Marketing?

In 2023, Honest Marketing 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

₹566.96 M

Satisfied Charges

₹204.88 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 32.00 Cr
  • Standard Chartered Bank : 24.70 Cr

Latest Charge Details

DateLenderAmountStatus
05 Apr 2023Standard Chartered Bank₹2.00 MOpen
18 May 2022Standard Chartered Bank₹1.25 CrOpen
28 Mar 2022Standard Chartered Bank₹23.25 CrOpen
30 Sep 2020Hdfc Bank Limited₹2.00 CrOpen
01 Jun 2020Hdfc Bank Limited₹30.00 CrOpen

How Many Employees Work at Honest Marketing?

Honest Marketing has a workforce of 96 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank of Rs. 232.48 M registered on 28 Mar 2022 with Charge ID 100556570 was modified on 02 Jan 2024.

    02 Jan 2024

  • Annual General Meeting

    Honest Marketing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 300.00 M registered on 01 Jun 2020 with Charge ID 100417002 was modified on 17 Apr 2023.

    17 Apr 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 2.00 M with Charge ID 100713820 was registered on 05 Apr 2023.

    05 Apr 2023

  • Balance Sheet

    Honest Marketing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 25 Mar 2021 via Charge ID 100484028 with Others was fully satisfied on 21 Sep 2022.

    21 Sep 2022

Frequently asked questions

  • Honest Marketing Private Limited was incorporated on 19 Dec 1990.

  • The authorized share capital of Honest Marketing Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.40 M.

  • Currently 3 directors are associated with Honest Marketing Private Limited.

    • Bhupindersingh Balwantsingh
    • Yohan Arif Aslam Rub
    • Harpreet Kau
  • As per Ministry of Corporate Affairs (Mca), the registered address of Honest Marketing Private Limited is Gat No. 14 Bableshwar Road, Palse India, Nasik, Maharashtra, 422101.

  • The corporate identification number (CIN) of Honest Marketing Private Limited is U51900MH1990PTC059494 and the company number is 059494 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Honest Marketing Private Limited has risen by 26.62%.

  • As Per 2023 financial reports, 96 employees are currently employed by Honest Marketing Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Honest Marketing Private Limited has experienced an upsurge of 42.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Honest Marketing Private Limited amount to ₹ 56.70 Cr.

  • The most recent Balance Sheet for Honest Marketing Private Limited was filed with the ROC on 31 Mar 2023.

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