Onest Profile
Key Indicators
- Authorised Capital ₹ 32.00 Cr
- Paid Up Capital ₹ 25.38 Cr
- Company Age 7 Year, 1 Month
- 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 one month 8 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pawan Gupta  | Managing Director | 15-Jun-2018 | Current |
| Govind Jha | CFO | 02-Jun-2023 | Current |
| Farhana Shaikh | Company Secretary | 07-Jul-2023 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pramod Gupta | Director | 16-Sep-2019 | Current |
| Reshma Nikam | Whole-Time Director | 26-Mar-2021 | Current |
| Anuja Dindore | Whole-Time Director | 11-Jul-2020 | Current |
| Neena Sharma | Director | 02-Jun-2023 | Current |
| Sudhir Kaushik | Director | 02-Jun-2023 | Current |
| Alok Jaiswal | Whole-Time Director | 08-Oct-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Shyama Shyam P1 City Bus Operations Private LimitedSudhir Kaushik is a mutual person
- Tirthankar City Bus Operations Private Limited
Sudhir Kaushik is a mutual person
Omfa International LimitedPramod Gupta and Reshma Nikam are mutual person
- Onest Foundation
Pramod Gupta and Shikha Gupta are mutual person
- Onest Easylife Llp
Pawan Gupta is a mutual person
- Onest Beautykraft Limited
Pawan Gupta and Anuja Dindore are mutual person
Charges (Loans)
₹52.30 Cr
₹37.50 Cr
Charges Breakdown by Lending Institutions
- Others : 52.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2023 | Others | ₹52.30 Cr | Open |
| 30 Jul 2022 | Axis Bank Limited | ₹20.00 Cr | Satisfied |
| 08 Jul 2022 | Bank Of India | ₹1.50 Cr | Satisfied |
| 22 Jul 2021 | Bank Of India | ₹6.00 Cr | Satisfied |
| 15 Jun 2018 | Yes Bank Limited | ₹10.00 Cr | Satisfied |
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.
Deals i
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
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.
