Honesty Realty Private Limited
About Honesty Realty Private Limited
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Honesty Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 23 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1995PTC094744. Its GSTIN is 27AAACH2609F1ZY (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajpal Sethi and Vineet Rajpal Sethi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 102 Pals 1st Floor 1st Road T.P.S. IV Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.12 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹42.73 Lakh (net margin 76.1%) and EBITDA of ₹52.3 Lakh (EBITDA margin 93.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 25% over five years.
Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Honesty Realty Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address102 Pals 1st Floor 1st Road T.P.S. IV Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Honesty Realty Private Limited, buy the company report.
- 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 Honesty Realty Private Limited
FY 2025 filings availableHonesty Realty Private Limited reported revenue of ₹56.12 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹52.3 Lakh | ||||
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| Net Profit (PAT) | ₹42.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 93.2% | ||||
| Net Profit Margin | 76.1% | ||||
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To see the full financial statements and ratios of Honesty Realty Private Limited, buy the company report.
Board of directors of Honesty Realty Private Limited
Honesty Realty has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajpal Sethi | Director | 25 Nov 1995 | 30 Years 10 Months | Current |
| Vineet Rajpal Sethi Also directs: Fay Finvest and Trading Private Limited, Sethi Developers Limited | Director | 25 Nov 1995 | 30 Years 10 Months | Current |
| Satpal Singh Sethi Also directs: Fay Finvest and Trading Private Limited, Sethi Developers Limited | Director | 25 Nov 1995 | 30 Years 10 Months | Current |
Auditor
Honesty Realty Private Limited is audited by Dinesh Tibarewala & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh Tibarewala & Associates | FY 2017 | 102621W |
Shareholding
The shareholding of Honesty Realty Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Honesty Realty Private Limited, buy the company report.
Legal cases
Honesty Realty Private Limited has 5 court cases on record: 5 filed by Honesty Realty. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
Cases on record (1 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Glodyne Technoserve Ltd and 2 others | Disposed |
To see the full case history of Honesty Realty Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Honesty Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Honesty Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH2609F1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Honesty Realty Private Limited, buy the company report.
Recent activity
Honesty Realty Private Limited has 6 board changes on record since 1995: 4 appointments and 2 cessations. The latest: Veer Sethi ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Honesty Realty is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 23 November 1995 (31+ years old) and is registered under CIN U45200MH1995PTC094744.
Honesty Realty has 3 current directors:
- Rajpal Sethi - Director
- Vineet Rajpal Sethi - Director
- Satpal Singh Sethi - Director
The latest financial statements of Honesty Realty on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Honesty Realty is 27AAACH2609F1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Honesty Realty is U45200MH1995PTC094744. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honesty Realty has 5 court cases on record: 5 filed by the company.
Honesty Realty was incorporated on 23 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Veer Sethi ceased to be Additional Director on 30 Sep 2022. Veer Sethi was appointed as Director on 17 Aug 2022. Harinder Sethi ceased to be Director on 03 Jan 2013. Honesty Realty has 6 board changes on record in total.
The registered office of Honesty Realty is at 102 Pals 1st Floor 1st Road T.P.S. IV Bandra West, Mumbai, Maharashtra, India – 400050.
Honesty Realty operates in the real estate industry, in the real estate leasing segment.