Honest Alloys Private Limited - Company Profile

It is a metals and minerals private limited company based in Ranasan, Gujarat, India, established in 2009.
2009 Ranasan, Gujarat, India Active
Last Updated:
Access Report
About Honest Alloys Private Limited

Honest Alloys Private Limited, a active private limited company, was established on 24 September 2009 in Ranasan, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27109GJ2009PTC058187. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.80 Cr and a paid-up capital of ₹1.50 Cr.

It upholds a compliant status. Employing 10 professional, Its leadership includes Miralben Ketankumar Patel (Director), Ketankumar Bharatkumar Patel (Director). Past directors included Bhaumik Dipak Bhagat, Miralben Ketankumar Patel, Jaydeep Haribhai Chaudhary. It holds ₹70.00 Cr open charges and ₹17.95 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No.53 & 54, G.I.D.C. Ranasan, Mahudi Road, Ta- Vijapur, Ranasan, Gujarat, 382870.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U27109GJ2009PTC058187

  • Registration Number

    058187

  • Incorporation Date

    24 September 2009

  • Authorized Capital

    ₹2.80 Cr

  • Paid-Up Capital

    ₹1.50 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.80 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 70.00 Cr
  • Satisfied Charges ₹ 17.95 Cr
  • Revenue Growth **** -29.04%
  • Profit Growth **** -2015.13%
  • Ebitda **** -225.43%
  • Net Worth -60.96%
  • Total Assets -74.61%
Company report

Honest Alloys Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

Access Report
Who are the key members and board of directors at Honest Alloys Private Limited?
Current Directors
Name Designation Appointment Date Status
Miralben Ketankumar Patel Director 10 Mar 2022 Current
Ketankumar Bharatkumar Patel Director 01 Apr 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 28 Sep 2020 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 25 May 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Director 05 Aug 2023 Past
Pramod Abcsdd Director 05 Aug 2023 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Honest Alloys.

Honest Alloys Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 29.04% decrease. The company also saw a substantial fall in profitability, with a 2015.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 60.96%.

Honest Alloys revenue growth over time
Honest Alloys 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
********
 -29.04%
*******
*******
*******
*******
Revenue from Operations
*******
 -28.85%
*******
*******
*******
*******
Total Assets
*******
 -74.61%
*******
*******
*******
*******
Profit or Loss
*******
 -2015.13%
*******
*******
*******
*******
Net Worth
*******
 -60.96%
*******
*******
*******
*******
EBITDA
*******
 -225.43%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Honest Alloys?

In 2022, Honest Alloys had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹700,000,000.00

Satisfied Charges

₹179,513,000.00

Charges Breakdown by Lending Institutions
  • Others : 70.00 Cr
Latest Charge Details
Date Lender Amount Status
05 Aug 2022 Others ₹17.50 Cr Open
05 Aug 2022 Others ₹17.50 Cr Open
08 Oct 2015 Others ₹17.50 Cr Open
07 Oct 2015 Others ₹17.50 Cr Open
12 Feb 2019 Others ₹1.50 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Honest Alloys?

Honest Alloys has a workforce of 10 employees as of Apr 05, 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 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

Gain comprehensive insights into the Deals and Valuation data of Honest Alloys, 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 Honest Alloys'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.

Explore deal ratings and alerts - Get instant access now!

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

    Honest Alloys 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.

  • Director Appointment

    Progress on Ketankumar Bharatkumar Patel was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 11 months . was documented.

  • Balance Sheet

    The activity Honest Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    The activity A charge registered on 12 Feb 2019 via Charge ID 100264535 with Others was fully satisfied on 02 Sep 2022. was completed.

  • Charges

    The activity A charge registered on 09 Oct 2015 via Charge ID 10600567 with The Mehsana Urban Co.-Operative Bank Limited was fully satisfied on 02 Sep 2022. was completed.

  • Charges

    A charge with Others amounted to Rs. 17.50 Cr with Charge ID 100645337 was registered on 05 Aug 2022. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

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

The CIN of Honest Alloys Private Limited is U27109GJ2009PTC058187.

Where is Honest Alloys Private Limited headquartered?

Honest Alloys Private Limited is headquartered at Plot No.53 & 54, G.I.D.C. Ranasan, Mahudi Road, Ta- Vijapur, Ranasan, Gujarat, 382870.

When was Honest Alloys Private Limited incorporated?

Honest Alloys Private Limited was incorporated on 24 September 2009.

Who are the current directors of Honest Alloys Private Limited?

The current directors of Honest Alloys Private Limited are

What is the primary industry of Honest Alloys Private Limited?

The primary industry of Honest Alloys Private Limited is Manufacturing.

Is Honest Alloys Private Limited a listed company?

Honest Alloys Private Limited is unlisted.

What is the capital structure of Honest Alloys Private Limited?

The authorized capital of Honest Alloys Private Limited is ₹2.80 Cr, and the paid-up capital is ₹1.50 Cr.

What is the compliance status of Honest Alloys Private Limited?

The compliance status of Honest Alloys Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available