Honest Yarn Private Limited

Manufactures cotton yarn and related textile products, including ginning, spinning, weaving, and dying.

2017 | Surendra Nagar, Gujarat (India) | Active
Last Updated: October 24, 2024

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

Board Members (6)

NameDesignationAppointment DateStatus
Ilaben Sejpal Country flag representing In Director 26-Apr-2017Current
Mansukhlal Maru Country flag representing In Director 26-Apr-2017Current
Aamirbhai Halai Country flag representing In Director 26-Apr-2017Current
Fanil Pithadia Country flag representing In Director 26-Apr-2017Current
Saminraja Halani Country flag representing In Director 22-Mar-2018Current
Sahil Halani Country flag representing In Director 24-Feb-2023Current

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%.

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
8.26%
Revenue from Operations
8.38%
Total Assets
-24.84%
Profit or Loss
-2216.10%
Net Worth
-40.72%
EBITDA
-111.92%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹2.15 Cr

Satisfied Charges

₹4.41 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.15 Cr

Latest Charge Details

DateLenderAmountStatus
20 Feb 2024Others₹2.15 CrOpen
17 Jul 2017State Bank Of India₹4.41 CrSatisfied

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.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Honest Yarn

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 2.15 Cr registered on 20 Feb 2024 with Charge ID 100881316 was modified on 21 Jun 2024.

    21 Jun 2024

  • Charges

    A charge registered on 17 Jul 2017 via Charge ID 100115703 with State Bank Of India was fully satisfied on 05 Apr 2024.

    05 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 2.15 Cr with Charge ID 100881316 was registered on 20 Feb 2024.

    20 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 4.41 Cr registered on 17 Jul 2017 with Charge ID 100115703 was modified on 29 Apr 2022.

    29 Apr 2022

Frequently asked questions

  • Honest Yarn Private Limited was incorporated on 26 Apr 2017.

  • The authorized share capital of Honest Yarn Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 6 directors are associated with Honest Yarn Private Limited.

    • Mansukhlal Maru
    • Aamirbhai Aslambhai Halai
    • Fanil Rajeshbhai Pithadia
    • Ilaben Bharatkumar Sejpal
    • Saminraja Fidahusen Halani
    • Sahil Joliali Halani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Honest Yarn Private Limited is At Navagam Taluka - Dist-Surendranagar India, Chotila, Gujarat, 363530.

  • The corporate identification number (CIN) of Honest Yarn Private Limited is U17309GJ2017PTC097107 and the company number is 097107 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Honest Yarn Private Limited has risen by 8.26%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Honest Yarn Private Limited has experienced an downturn of -40.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Honest Yarn Private Limited amount to ₹ 2.15 Cr.

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

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