Honest Yarn Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 4.00 Cr
as on 24-10-2024
- Company Age 7 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.15 Cr
as on 24-10-2024
- Satisfied Charges ₹ 4.41 Cr
as on 24-10-2024
- Revenue 8.26%
(FY 2023)
- Profit -2216.10%
(FY 2023)
- Ebitda -111.92%
(FY 2023)
- Net Worth -40.72%
(FY 2023)
- Total Assets -24.84%
(FY 2023)
About Honest Yarn
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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 4.00 Cr.
The company currently has active open charges totaling ₹2.15 Cr. The company has closed loans amounting to ₹4.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mansukhlal Maru, Aamirbhai Halai, Fanil Pithadia, and Three other members serve as directors at the Company.
- CIN/LLPIN
U17309GJ2017PTC097107
- Company No.
097107
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Apr 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Surendra Nagar, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Honest Yarn?
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ilaben Sejpal  | Director | 26-Apr-2017 | Current |
| Mansukhlal Maru | Director | 26-Apr-2017 | Current |
| Aamirbhai Halai | Director | 26-Apr-2017 | Current |
| Fanil Pithadia | Director | 26-Apr-2017 | Current |
| Saminraja Halani | Director | 22-Mar-2018 | Current |
| Sahil Halani | Director | 24-Feb-2023 | Current |
Financial Performance of Honest Yarn.
Honest Yarn Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.26% increase. The company also saw a substantial fall in profitability, with a 2216.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 40.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Honest Yarn?
In 2023, Honest Yarn 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 20 Feb 2024 | ₹2.15 Cr | Open |
State Bank Of India Creation Date: 17 Jul 2017 | ₹4.41 Cr | Satisfied |
How Many Employees Work at Honest Yarn?
Unlock and access historical data on people associated with Honest Yarn, 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 Yarn, 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 Yarn'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.
