Honesty Automation Private Limited

Manufacturer and installer of car parking and entrance automation systems for various clients.

2017 | Delhi (India) | Active
Last Updated: October 24, 2024

Honesty Automation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.03 Cr
  • Revenue Growth 66.63%
  • Profit Growth 39.20%
  • Ebitda -971.13%
  • Net Worth 104.75%
  • Total Assets 6.48%

About Honesty Automation

Honesty Automation Private Limited (HAPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 November 2017 (Seven years and two months 17 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Information Technology 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.03 Cr.

Mohd Rahman and Md Rahman serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2017PTC326501

  • Company No.

    326501

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

What products or services does Honesty Automation Private Limited offer?

Honesty Automation Private Limited offers a wide range of products and services, including Security & Inspection Devices, Anti Theft Device, Car Parking System, Road Barriers & Safety, Road Barriers, Elevators & Escalators, Passenger Lifts, Road Safety Products, Door & Window, Hinges & Fittings, Gate Hardware.

Who are the key members and board of directors at Honesty Automation?

Board Members (2)

Name Designation Appointment Date Status
Mohd Rahman Country flag representing In Director 28-Nov-2017 Current
Md Rahman Country flag representing In Director 23-Feb-2024 Current

Financial Performance of Honesty Automation.

Honesty Automation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.63% increase. The company also saw a substantial improvement in profitability, with a 39.2% increase in profit. The company's net worth Soared by an impressive increase of 104.75%.

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
66.63%
Revenue from Operations
67.16%
Total Assets
6.48%
Profit or Loss
39.20%
Net Worth
104.75%
EBITDA
-971.13%

What is the Ownership and Shareholding Structure of Honesty Automation?

In 2023, Honesty Automation 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

₹10.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Uco Bank : 1.03 Cr

Latest Charge Details

Date Lender Amount Status
23 Aug 2023 Uco Bank ₹6.90 M Open
26 Mar 2021 Uco Bank ₹0.80 M Open
17 Dec 2020 Uco Bank ₹2.60 M Open

How Many Employees Work at Honesty Automation?

Unlock and access historical data on people associated with Honesty Automation, 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 Honesty Automation, 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 Honesty Automation'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 Honesty Automation

Recent activity within the organization

  • Director Appointment

    Md Neshatur Rahman was appointed as a Director was appointed as a Director on 23 Feb 2024 & has been associated with this company since 11 months 21 days .

    23 Feb 2024

  • Annual General Meeting

    Honesty Automation 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 Uco Bank amounted to Rs. 6.90 M with Charge ID 100824412 was registered on 23 Aug 2023.

    23 Aug 2023

  • Balance Sheet

    Honesty Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Uco Bank of Rs. 2.60 M registered on 17 Dec 2020 with Charge ID 100395985 was modified on 24 Feb 2022.

    24 Feb 2022

  • Charges

    A charge with Uco Bank amounted to Rs. 0.80 M with Charge ID 100451159 was registered on 26 Mar 2021.

    26 Mar 2021

Frequently asked questions

  • Honesty Automation Private Limited was incorporated on 28 Nov 2017.

  • The authorized share capital of Honesty Automation Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Honesty Automation Private Limited.

    • Mohd Saifur Rahman
    • Md Neshatur Rahman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Honesty Automation Private Limited is House No Wz39A Floor 3Rd Ramgarh Colony Landmark Near- Gali No.6, India, Delhi, 110015.

  • The corporate identification number (CIN) of Honesty Automation Private Limited is U74999DL2017PTC326501 and the company number is 326501 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Honesty Automation Private Limited is https://www.honestyautomation.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Honesty Automation Private Limited has risen by 66.63%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Honesty Automation Private Limited has experienced an upsurge of 104.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Honesty Automation Private Limited amount to ₹ 1.03 Cr.

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

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