Honest Merchandise Private Limited
About Honest Merchandise Private Limited
Data last updated:
Honest Merchandise Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the specialised retail segment of the home appliances and consumer durables sector. It was incorporated on 09 January 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U52390MH2013PTC239491.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Devang Bansilal Shah and Bijal Devang Shah.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at A – 304 Shroff Apartment Sodawala Lane Borivali (West), Mumbai, Maharashtra, India – 400092.
Company details
Contact details
Honest Merchandise Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressA – 304 Shroff Apartment Sodawala Lane Borivali (West), Mumbai, Maharashtra, India – 400092
- IndustryHome Appliances, Specialized Stores, Retailers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Honest Merchandise Private Limited
FY 2018 filings availableFinancial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ||||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ||||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Honest Merchandise Private Limited, buy the company report.
Board of directors of Honest Merchandise Private Limited
Honest Merchandise has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Bansilal Shah Also directs: Mihir Consultancy and Trading Private Limited | Director | 09 Jan 2013 | 13 Years 9 Months | As last reported |
| Bijal Devang Shah | Director | 09 Jan 2013 | 13 Years 9 Months | As last reported |
Legal cases
No court or tribunal cases involving Honest Merchandise Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Honest Merchandise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Honest Merchandise Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Honest Merchandise Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Bijal Devang Shah was appointed as Director on 09 Jan 2013.
Frequently asked questions
Honest Merchandise has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Honest Merchandise was a private limited company based in Mumbai, Maharashtra, India. The company worked in specialized stores, within the home appliances industry. It was incorporated on 09 January 2013 and is registered under CIN U52390MH2013PTC239491. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Honest Merchandise was incorporated on 09 January 2013. It is registered with the Registrar of Companies, Mumbai.
Honest Merchandise had 2 directors:
- Devang Bansilal Shah - Director
- Bijal Devang Shah - Director
The CIN (Corporate Identification Number) of Honest Merchandise is U52390MH2013PTC239491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Honest Merchandise is at A – 304 Shroff Apartment Sodawala Lane Borivali West, Mumbai, Maharashtra, India – 400092.
The latest financial statements of Honest Merchandise on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
Honest Merchandise operated in the home appliances industry, in the specialized stores segment.
Bijal Devang Shah was appointed as Director on 09 Jan 2013. Devang Bansilal Shah was appointed as Director on 09 Jan 2013.
The compliance status of Honest Merchandise is active non-compliant as of 28 August 2026.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
