Honest Trading Co Pvt Ltd

Manufactures textile machines and spares, acts as buyers, sellers, distributors, and importers/exporters.

1980 | Dist Valsad, Gujarat (India) | Active
Last Updated: December 02, 2024

Honest Trading Co Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 44 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth -11.07%
  • Profit Growth 83.63%
  • Ebitda 48.26%
  • Net Worth -0.69%
  • Total Assets -8.78%

About Honest Trading Co

Honest Trading Co Pvt Ltd (HTCPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 April 1980 and has a history of 44 years and ten months. Its registered office is in Dist Valsad, Gujarat.

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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Kartik Mistry and Pravinkumar Mistry serve as directors at the Company.

Company Details

  • Location Dist Valsad, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    honestloom.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909GJ1980PTC003701

  • Company No.

    003701

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1980

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

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

Financial Performance of Honest Trading Co.

Honest Trading Co Pvt Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.07% decrease. The company also saw a substantial improvement in profitability, with a 83.63% increase in profit. The company's net worth dipped by a decrease of 0.69%.

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
-11.07%
Revenue from Operations
-23.38%
Total Assets
-8.78%
Profit or Loss
83.63%
Net Worth
-0.69%
EBITDA
48.26%

What is the Ownership and Shareholding Structure of Honest Trading Co?

In 2021, Honest Trading Co 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

₹5.00 M

Satisfied Charges

₹4.00 M

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
19 Oct 2024Others₹2.50 MOpen
28 Jun 2021Others₹2.50 MOpen
21 Feb 1997Dena Bank₹4.00 MSatisfied

How Many Employees Work at Honest Trading Co?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 101002248 was registered on 19 Oct 2024.

    19 Oct 2024

  • Annual General Meeting

    Honest Trading Co Pvt Ltd last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    Honest Trading Co Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100459761 was registered on 28 Jun 2021.

    28 Jun 2021

  • Charges

    A charge registered on 21 Feb 1997 via Charge ID 90109564 with Dena Bank was fully satisfied on 12 May 2017.

    12 May 2017

  • Director Appointment

    Kartik Pravinkumar Mistry was appointed as a Director was appointed as a Director on 16 Oct 2014 & has been associated with this company since 10 years 4 months .

    16 Oct 2014

Frequently asked questions

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

    Honest Trading Co Pvt Ltd was incorporated on 22 Apr 1980.

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

    The authorized share capital of Honest Trading Co Pvt Ltd is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.

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

    Currently 2 directors are associated with Honest Trading Co Pvt Ltd.

    • Kartik Pravinkumar Mistry
    • Pravinkumar Khandubhai Mistry
  • What is the registered address of Honest Trading Co Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Honest Trading Co Pvt Ltd is Honest Complexmahadev Nagar Bilimore India, Dist Valsad, Gujarat.

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

    The corporate identification number (CIN) of Honest Trading Co Pvt Ltd is U51909GJ1980PTC003701 and the company number is 003701 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Honest Trading Co Pvt Ltd?

    The Official website of Honest Trading Co Pvt Ltd is https://www.honestloom.com

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

    According to the financial reports for the fiscal year 2021, the revenue trend for Honest Trading Co Pvt Ltd has fallen by -11.07%.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Honest Trading Co Pvt Ltd has experienced an downturn of -0.69%.

  • What are the total open charges for Honest Trading Co Pvt Ltd?

    As per the financial statements for fiscal Year 2021, The total open charges for Honest Trading Co Pvt Ltd amount to ₹ 5.00 M.

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

    The most recent Balance Sheet for Honest Trading Co Pvt Ltd was filed with the ROC on 31 Mar 2024.

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