Honest Agencies Private Limited - Company Profile

It is a home & lifestyle private limited company based in Mumbai, Maharashtra, India, established in 1991.
1991 Mumbai, Maharashtra, India Active
Last Updated:
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About Honest Agencies Private Limited

Honest Agencies Private Limited, a active private limited company, was established on 22 February 1991 in Mumbai, Maharashtra, India. Engaging in textile retail & distribution within the trade sector, it holds CIN: U51109MH1991PTC060423. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Its leadership includes Ushakiran Vinodkumar Deora (Director), Ashokkumar Vinod Deora (Director). Past directors included Shrinarain Rameshwar Prasad Indoria, Ushakiran Vinodkumar Deora, Rajesh Sanwarmal Ganeriwal. It holds no open charges and ₹2.40 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 229/5B, Akshay Mittal, Mittal Industrial Estate, Andheri Kurla Road, Marol, Andheri (East, ), Mumbai, Maharashtra, 400059.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51109MH1991PTC060423

  • Registration Number

    060423

  • Incorporation Date

    22 February 1991

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 35 Year, 11 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.40 Cr
  • Revenue Growth **** -39.25%
  • Profit Growth **** -326.15%
  • Ebitda **** -72.82%
  • Net Worth -8.55%
  • Total Assets **** 4.29%
Company report

Honest Agencies Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Honest Agencies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Honest Agencies Private Limited?
Current Directors
Name Designation Appointment Date Status
Ushakiran Vinodkumar Deora Director 16 Mar 2015 Current
Ashokkumar Vinod Deora Director 01 Aug 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Mar 2015 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 30 May 2009 Past

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Financial Performance of Honest Agencies.

Honest Agencies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 39.25% decrease. The company also saw a substantial fall in profitability, with a 326.15% decrease in profit. The company's net worth dipped by a decrease of 8.55%.

Honest Agencies revenue growth over time
Honest Agencies profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -39.25%
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Revenue from Operations
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*******
Total Assets
*******
 4.29%
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*******
*******
Profit or Loss
*******
 -326.15%
*******
*******
*******
*******
Net Worth
*******
 -8.55%
*******
*******
*******
*******
EBITDA
*******
 -72.82%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Honest Agencies?

Unlock access to Honest Agencies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹24,000,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 2.40 Cr
Latest Charge Details
Date Lender Amount Status
07 Mar 2003 Bank Of Baroda ₹2.40 Cr Satisfied

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How Many Employees Work at Honest Agencies?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Honest Agencies
Recent Activity within the Organization
  • Annual General Meeting

    Honest Agencies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Honest Agencies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    Progress on Ushakiran Vinodkumar Deora was appointed as a Director was appointed as a Director on 16 Mar 2015 & has been associated with this company since 10 years 11 months . was documented.

  • Charges

    A charge registered on 07 Mar 2003 via Charge ID 90355003 with Bank Of Baroda was fully satisfied on 11 Apr 2009. was recorded as a recent event.

  • Charges

    Progress on A charge with Bank Of Baroda of Rs. 24.00 M registered on 07 Mar 2003 with Charge ID 90355003 was modified on 11 Oct 2004. was documented.

  • Charges

    Progress on A charge with Bank Of Baroda amounted to Rs. 24.00 M with Charge ID 90355003 was registered on 07 Mar 2003. was documented.

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Frequently Asked Questions
What is the CIN of Honest Agencies Private Limited?

The CIN of Honest Agencies Private Limited is U51109MH1991PTC060423.

Where is Honest Agencies Private Limited headquartered?

Honest Agencies Private Limited is headquartered at 229/5B, Akshay Mittal, Mittal Industrial Estate, Andheri Kurla Road, Marol, Andheri (East, ), Mumbai, Maharashtra, 400059.

When was Honest Agencies Private Limited incorporated?

Honest Agencies Private Limited was incorporated on 22 February 1991.

Who are the current directors of Honest Agencies Private Limited?

The current directors of Honest Agencies Private Limited are

What is the primary industry of Honest Agencies Private Limited?

The primary industry of Honest Agencies Private Limited is Trade.

Is Honest Agencies Private Limited a listed company?

Honest Agencies Private Limited is unlisted.

What is the capital structure of Honest Agencies Private Limited?

The authorized capital of Honest Agencies Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

What is the compliance status of Honest Agencies Private Limited?

The compliance status of Honest Agencies Private Limited is Compliant.

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