Honest Restaurants (India) Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 7.00 Cr
- Company Age 12 Year, 25 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.64 Cr
- Satisfied Charges ₹ 12.74 Cr
- Revenue Growth -13.67%
- Profit Growth -1648.36%
- Ebitda 14.97%
- Net Worth -227.20%
- Total Assets 101.95%
About Honest Restaurants (India)
Honest Restaurants (India) Private Limited (HRIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 January 2013 and has a history of 12 years. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Ivr Food Solutions Private Limited. The Company is engaged in the Travel And Hospitality 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 7.00 Cr and a paid-up capital of Rs 7.00 Cr.
The company currently has active open charges totaling ₹25.64 Cr. The company has closed loans amounting to ₹12.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijay Rameshbhai, Indiraben Vijaykumar, Abhishek Vijaykumar, and One other member serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51909GJ2013PTC073361
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Company No.
073361
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Jan 2013
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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 Restaurants (India)?
Board Members (4)
Name | Designation | Appointment Date | Status |
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Vijay Rameshbhai
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Director | 15-Jan-2013 | Current |
Indiraben Vijaykumar
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Director | 15-Jan-2013 | Current |
Abhishek Vijaykumar
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Director | 08-Nov-2016 | Current |
Mitalee Gupta
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Director | 08-Jan-2019 | Current |
Financial Performance of Honest Restaurants (India).
Honest Restaurants (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.67% decrease. The company also saw a substantial fall in profitability, with a 1648.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 227.2%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Honest Restaurants (India)?
In 2022, Honest Restaurants (India) 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](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹25.64 Cr
₹12.74 Cr
Charges Breakdown by Lending Institutions
- Others : 16.65 Cr
- Standard Chartered Bank : 8.99 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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22 Aug 2024 | Others | ₹9.00 Cr | Open |
02 May 2023 | Standard Chartered Bank | ₹6.80 Cr | Open |
28 Feb 2023 | Standard Chartered Bank | ₹2.19 Cr | Open |
10 Mar 2022 | Others | ₹1.95 Cr | Open |
06 Feb 2021 | Others | ₹5.70 Cr | Open |
How Many Employees Work at Honest Restaurants (India)?
Unlock and access historical data on people associated with Honest Restaurants (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
![Graph showing employee growth trends](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Honest Restaurants (India), 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 Restaurants (India)'s trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.