Honesty Net Solutions (India) Private Limited

Provides internet access through wired infrastructure for telecommunication purposes.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated:

Honesty Net Solutions (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.60 Cr
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 15.53 Cr
  • Revenue Growth -30.54%
  • Profit Growth -164.67%
  • Ebitda -507.33%
  • Net Worth -65.83%
  • Total Assets -20.65%

About Honesty Net Solutions (India)

Honesty Net Solutions (India) Private Limited (HNSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 October 2002 and has a history of 22 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Telecom 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 2.00 Cr and a paid-up capital of Rs 1.60 Cr.

The company has closed loans amounting to ₹15.53 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jitendra Ghadigaonkar and Suresh Thakur serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MH2002PTC137693

  • Company No.

    137693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Telecom

What products or services does Honesty Net Solutions (India) Private Limited offer?

Honesty Net Solutions (India) Private Limited offers a wide range of products and services, including Networking Solutions, VPN Network Solutions, Software Development & IT Consultant, Resource Management Systems, Email Marketing, Mailing Solutions, Internet Marketing & Promotion, Computer & Mobile Apps Development, Application Development Service, Internet Solutions.

Company report

Honesty Net Solutions (India) Private Limited

Explore comprehensive data for Honesty Net Solutions (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Honesty Net Solutions (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Jitendra Ghadigaonkar Country flag representing In Director 25-Oct-2002Current
Suresh Thakur Country flag representing In Director 25-Oct-2002Current

Financial Performance of Honesty Net Solutions (India).

Honesty Net Solutions (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.54% decrease. The company also saw a substantial fall in profitability, with a 164.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 65.83%.

Honesty Net Solutions (India) revenue growth over time
Honesty Net Solutions (India) 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
-30.54%
Revenue from Operations
-43.45%
Total Assets
-20.65%
Profit or Loss
-164.67%
Net Worth
-65.83%
EBITDA
-507.33%

What is the Ownership and Shareholding Structure of Honesty Net Solutions (India)?

In 2023, Honesty Net Solutions (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

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.53 Cr

Charges Breakdown by Lending Institutions

  • Punjab And Maharashtra Co-Op. Bank Ltd. : 11.24 Cr
  • Hdfc Bank Limited : 3.00 Cr
  • Punjab And Maharashtra Co-Op Bank Ltd : 0.75 Cr
  • Punjab & Maharashtra Co-Operative Bank Ltd. : 0.50 Cr
  • Punjab & Maharashtra Co-Op. Bank Ltd. : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2017Hdfc Bank Limited₹3.00 CrSatisfied
20 Dec 2014Punjab And Maharashtra Co-Op. Bank Ltd.₹1.70 CrSatisfied
12 Jul 2012Punjab And Maharashtra Co-Op. Bank Ltd.₹1.00 CrSatisfied
20 Oct 2011Punjab And Maharashtra Co-Op. Bank Ltd.₹7.50 MSatisfied
13 Aug 2010Punjab And Maharashtra Co-Op. Bank Ltd.₹3.45 CrSatisfied

How Many Employees Work at Honesty Net Solutions (India)?

Honesty Net Solutions (India) has a workforce of 4 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Honesty Net Solutions (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Honesty Net Solutions (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 Honesty Net Solutions (India)'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 Net Solutions (India)

Recent activity within the organization

  • Annual General Meeting

    Honesty Net Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Honesty Net Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 29 Apr 2017 via Charge ID 100103024 with Hdfc Bank Limited was fully satisfied on 15 Jun 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 29 Apr 2017 with Charge ID 100103024 was modified on 03 Aug 2017.

  • Charges

    A charge registered on 20 Dec 2014 via Charge ID 10537367 with Punjab And Maharashtra Co-Op. Bank Ltd. was fully satisfied on 11 May 2017.

  • Charges

    A charge registered on 20 Mar 2009 via Charge ID 10151944 with Punjab And Maharashtra Co-Op. Bank Ltd. was fully satisfied on 11 May 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Honesty Net Solutions (India) Private Limited?

    Honesty Net Solutions (India) Private Limited was incorporated on 25 Oct 2002.

  • What is authorized share capital and paid-up capital of Honesty Net Solutions (India) Private Limited?

    The authorized share capital of Honesty Net Solutions (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.60 Cr.

  • Who are the current board members & directors of Honesty Net Solutions (India) Private Limited?

    Currently 2 directors are associated with Honesty Net Solutions (India) Private Limited.

    • Jitendra Dattatray Ghadigaonkar
    • Suresh Vasudeo Thakur

  • What is the registered address of Honesty Net Solutions (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Honesty Net Solutions (India) Private Limited is A-2002 Station Plaza Road, India, Bhandup West, Maharashtra, 400078.

  • What is the corporate identification number (CIN) and company number of Honesty Net Solutions (India) Private Limited?

    The corporate identification number (CIN) of Honesty Net Solutions (India) Private Limited is U72200MH2002PTC137693 and the company number is 137693 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Honesty Net Solutions (India) Private Limited?

    The Official website of Honesty Net Solutions (India) Private Limited is https://www.hns.net.in

  • What has been the recent revenue trend for Honesty Net Solutions (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Honesty Net Solutions (India) Private Limited has fallen by -30.54%.

  • How many employees does Honesty Net Solutions (India) Private Limited currently have?

    As Per 2023 financial reports, 4 employees are currently employed by Honesty Net Solutions (India) Private Limited.

  • What change has been observed in the net worth of Honesty Net Solutions (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Honesty Net Solutions (India) Private Limited has experienced an downturn of -65.83%.

  • When was the last Balance Sheet of Honesty Net Solutions (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Honesty Net Solutions (India) Private Limited was filed with the ROC on 31 Mar 2024.

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