Honest Derivatives Private Limited - Company Profile

It is a food and beverages private limited company based in Ahmedabad, Gujarat, India, established in 2007.
2007 Ahmedabad, Gujarat, India Under Cirp
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About Honest Derivatives Private Limited

Honest Derivatives Private Limited, a under cirp private limited company, was established on 05 July 2007 in Ahmedabad, Gujarat, India. Engaging in organic & health foods within the manufacturing sector, it holds CIN: U93000GJ2007PTC051271. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹26.50 Cr and a paid-up capital of ₹24.14 Cr.

It upholds a compliant status. Employing 234 professional, Its leadership includes Harshad Shamkant Deshpande (Irp/Rp/Liquidator), Nidhi Rajratan Agarwal (Director), Rajratan Babulal Agarwal (Director). Past directors included Pawan Kumar Lath, Nidhi Rajratan Agarwal, Laxmichand Vaghmal Vaghela. It holds ₹223.08 Cr open charges and no settled loans. Its latest AGM occurred on 29 October 2022, with the balance sheet filed on 31 March 2020. It is based at E-43, Second Floor,Sumel Business Park Near New Cloth Market, Outside Raipur Ga, Te,, Ahmedabad, Gujarat, 380002.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U93000GJ2007PTC051271

  • Registration Number

    051271

  • Incorporation Date

    05 July 2007

  • Authorized Capital

    ₹26.50 Cr

  • Paid-Up Capital

    ₹24.14 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Metrics
  • Authorised Capital ₹ 26.50 Cr
  • Paid Up Capital ₹ 24.14 Cr
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 223.08 Cr
  • Revenue Growth **** 3.94%
  • Profit Growth **** -903.77%
  • Ebitda **** -127.73%
  • Net Worth -37.12%
  • Total Assets -15.84%
Company report

Honest Derivatives Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Honest Derivatives 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 Derivatives Private Limited?
Current Directors
Name Designation Appointment Date Status
Harshad Shamkant Deshpande Irp/Rp/Liquidator 19 Jul 2024 Current
Nidhi Rajratan Agarwal Director 22 Jan 2010 Current
Rajratan Babulal Agarwal Director 22 Jan 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 Jan 2010 Past
Pramod Abcsdd Additional Director 30 Sep 2010 Past
Pramod Abcsdd Director 05 Jan 2011 Past
Pramod Abcsdd Additional Director 30 Sep 2010 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 05 Jan 2011 Past

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Financial Performance of Honest Derivatives.

Honest Derivatives Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 3.94% increase. The company also saw a substantial fall in profitability, with a 903.77% decrease in profit. The company's net worth observed a substantial decline by a decrease of 37.12%.

Honest Derivatives revenue growth over time
Honest Derivatives 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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 3.94%
*******
*******
*******
*******
Revenue from Operations
*******
 3.95%
*******
*******
*******
*******
Total Assets
*******
 -15.84%
*******
*******
*******
*******
Profit or Loss
*******
 -903.77%
*******
*******
*******
*******
Net Worth
*******
 -37.12%
*******
*******
*******
*******
EBITDA
*******
 -127.73%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Honest Derivatives?

In 2019, Honest Derivatives 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

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Charges (Loans)
Open Charges

₹2,230,800,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of India : 194.08 Cr
  • Others : 29.00 Cr
Latest Charge Details
Date Lender Amount Status
10 Jan 2018 Others ₹21.00 Cr Open
19 Dec 2017 Others ₹8.00 Cr Open
08 Sep 2008 State Bank Of India ₹97.04 Cr Open
08 Sep 2008 State Bank Of India ₹97.04 Cr Open

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How Many Employees Work at Honest Derivatives?

Honest Derivatives has a workforce of 234 employees as of Mar 22, 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 Derivatives, 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 Derivatives'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.

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Latest Updates, News, and FAQs on Honest Derivatives
Recent Activity within the Organization
  • Director Appointment

    Harshad Shamkant Deshpande was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 19 Jul 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 21.00 Cr registered on 10 Jan 2018 with Charge ID 100158010 was modified on 16 Dec 2022. was documented.

  • Annual General Meeting

    Progress on Honest Derivatives Private Limited last Annual general meeting of members was held on 29 Oct 2022 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Honest Derivatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad. was completed.

  • Charges

    A charge with Others amounted to Rs. 21.00 Cr with Charge ID 100158010 was registered on 10 Jan 2018. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100159889 was registered on 19 Dec 2017. was documented.

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

The CIN of Honest Derivatives Private Limited is U93000GJ2007PTC051271.

Where is Honest Derivatives Private Limited headquartered?

Honest Derivatives Private Limited is headquartered at E-43, Second Floor,Sumel Business Park Near New Cloth Market, Outside Raipur Ga, Te,, Ahmedabad, Gujarat, 380002.

When was Honest Derivatives Private Limited incorporated?

Honest Derivatives Private Limited was incorporated on 05 July 2007.

Who are the current directors of Honest Derivatives Private Limited?

The current directors of Honest Derivatives Private Limited are

What is the primary industry of Honest Derivatives Private Limited?

The primary industry of Honest Derivatives Private Limited is Manufacturing.

Is Honest Derivatives Private Limited a listed company?

Honest Derivatives Private Limited is unlisted.

What is the capital structure of Honest Derivatives Private Limited?

The authorized capital of Honest Derivatives Private Limited is ₹26.50 Cr, and the paid-up capital is ₹24.14 Cr.

What is the compliance status of Honest Derivatives Private Limited?

The compliance status of Honest Derivatives Private Limited is Compliant.

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