Onest Limited

FMCG company specializing in cosmetic products, including beauty soap, natural silk soap, and moisturizing spray.

2018 | Malad West, Maharashtra (India) | Active
Last Updated:

Onest Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 25.38 Cr
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 52.30 Cr
  • Satisfied Charges ₹ 37.50 Cr
  • Revenue Growth 70.86%
  • Profit Growth 227.13%
  • Ebitda 191.12%
  • Net Worth 58.91%
  • Total Assets 116.54%

About Onest

Onest Limited (OL) is a Public Limited Indian Non-Government Company incorporated in India on 16 January 2018 (Seven years and two months 14 days old ). Its registered office is in Malad West, Maharashtra, India.

The Corporate was formerly known as Florona Naturals Limited. The Company is engaged in the Fmcg 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 32.00 Cr and a paid-up capital of Rs 25.38 Cr.

The company currently has active open charges totaling ₹52.30 Cr. The company has closed loans amounting to ₹37.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Onest Limited India are Govind Jha as CFO and Farhana Shaikh as Company Secretary. Pramod Gupta, Pawan Gupta, Reshma Nikam, and Six other members serve as directors at the Company.

Company Details

  • Location

    Malad West, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2018PLC304191

  • Company No.

    304191

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 2018

  • Date of AGM

    01 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

FMCG
Food and Beverages
Pharma

What products or services does Onest Limited offer?

Onest Limited offers a wide range of products and services, including Perfume and Fragrances, Body Spray, Cosmetics, Hair & Beauty Products, Hair Oil, Hand Sanitizers & Personal Hygiene, Hand Sanitizer & Disinfectant, Air Fresheners, Perfumes.

Who are the key members and board of directors at Onest?

Executive Team (3)

NameDesignationAppointment DateStatus
Pawan Gupta Country flag representing In Managing Director15-Jun-2018Current
Govind Jha CFO02-Jun-2023Current
Farhana Shaikh Company Secretary07-Jul-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Pramod Gupta Country flag representing In Director 16-Sep-2019Current
Reshma Nikam Country flag representing In Whole-Time Director 26-Mar-2021Current
Anuja Dindore Country flag representing In Whole-Time Director 11-Jul-2020Current
Neena Sharma Country flag representing In Director 02-Jun-2023Current
Sudhir Kaushik Country flag representing In Director 02-Jun-2023Current
Alok Jaiswal Country flag representing In Whole-Time Director 08-Oct-2022Current

Financial Performance of Onest.

Onest Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.86% increase. The company also saw a substantial improvement in profitability, with a 227.13% increase in profit. The company's net worth Soared by an impressive increase of 58.91%.

Onest revenue growth over time
Onest 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
70.86%
Revenue from Operations
70.65%
Total Assets
116.54%
Profit or Loss
227.13%
Net Worth
58.91%
EBITDA
191.12%

What is the Ownership and Shareholding Structure of Onest?

In 2023, Onest had a promoter holding of 85.38% and a public holding of 14.63%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹52.30 Cr

Satisfied Charges

₹37.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 52.30 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2023Others₹52.30 CrOpen
30 Jul 2022Axis Bank Limited₹20.00 CrSatisfied
08 Jul 2022Bank Of India₹1.50 CrSatisfied
22 Jul 2021Bank Of India₹6.00 CrSatisfied
15 Jun 2018Yes Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Onest?

Onest has a workforce of 26 employees as of Mar 23, 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 Onest Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Onest, 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 Onest'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 Onest

Recent activity within the organization

  • Charges

    A charge registered on 30 Jul 2022 via Charge ID 100633268 with Axis Bank Limited was fully satisfied on 18 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 52.30 Cr with Charge ID 100742825 was registered on 30 Jun 2023.

  • Director Appointment

    Neena Sharma was appointed as a Director was appointed as a Director on 02 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Annual General Meeting

    Onest Limited last Annual general meeting of members was held on 01 Jun 2023 as per latest MCA records.

  • Balance Sheet

    Onest Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 08 Jul 2022 via Charge ID 100595322 with Bank Of India was fully satisfied on 01 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Onest Limited?

    Onest Limited was incorporated on 16 Jan 2018.

  • What is authorized share capital and paid-up capital of Onest Limited?

    The authorized share capital of Onest Limited is ₹ 32.00 Cr and paid-up capital is ₹ 25.38 Cr.

  • Who are the current board members & directors of Onest Limited?

    Currently 11 directors are associated with Onest Limited.

    • Pramod Kumar Gupta
    • Pawan Kumar Gupta
    • Reshma Ramchandra Nikam
    • Anuja Ajit Dindore
    • Neena Sharma
    • Sudhir Kaushik
    • Alok Kumar Jaiswal
    • Shikha Gupta
    • Rajiv Ghanshyam Bhirud
    • Govind Kumar Jha
    • Farhana Allahrakha Shaikh

  • What is the registered address of Onest Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Onest Limited is 2Nd Floor Unit 11/C Techniplex 2 S V Road, Near Witty International School Goregaon West Malad, Malad West, Maharashtra, India, 400062.

  • What is the corporate identification number (CIN) and company number of Onest Limited?

    The corporate identification number (CIN) of Onest Limited is U74999MH2018PLC304191 and the company number is 304191 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Onest Limited?

    The Official website of Onest Limited is https://www.onestltd.com

  • What has been the recent revenue trend for Onest Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Onest Limited has risen by 70.86%.

  • How many employees does Onest Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Onest Limited.

  • What change has been observed in the net worth of Onest Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Onest Limited has experienced an upsurge of 58.91%.

  • What are the total open charges for Onest Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Onest Limited amount to ₹ 52.30 Cr.

  • When was the last Balance Sheet of Onest Limited filed with the ROC?

    The most recent Balance Sheet for Onest Limited was filed with the ROC on 31 Mar 2023.

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