About Honest Enterprise Private Limited
Data last updated: 24 February 2026
Honest Enterprise Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 12 August 1999, the company has been in operation for over 27 years.
Registered with ROC Ahmedabad under CIN U27209GJ1999PTC036414.
Capital: an authorised share capital of ₹5.8 Cr and a paid-up capital of ₹2.39 Cr. Formerly known as Honest Enterprise Limited. It is led by directors including Laxmichand Vaghmal Vaghela and Hitesh Laxmichand Vaghela.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 118 Meghdoot Apartment Near Apsara Cinema Pratapnagar Road, Vadodara, Gujarat, India – 390004.
As per the financials filed for FY 2025, the company reported a revenue of ₹89 Cr, a decline of 31% compared to the previous year.
As per MCA filings, the company has open charges of ₹59.2 Cr and satisfied charges of ₹78.68 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website honestlimited.net.
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Registered Address118 Meghdoot Apartment Near Apsara Cinema Pratapnagar Road, Vadodara, Gujarat, India – 390004
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IndustryMetals and Minerals, Steel Manufacturing & Processing, Metal Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Honest Enterprise Private Limited
Honest Enterprise Private Limited has one previous CIN (Corporate Identification Number): U27209GJ1999PLC036414. The current CIN is U27209GJ1999PTC036414, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27209GJ1999PTC036414 | Current |
| U27209GJ1999PLC036414 | Previous |
Business Activity of Honest Enterprise Private Limited
Honest Enterprise Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Honest Enterprise Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Honest Enterprise Private Limited
Honest Enterprise Private Limited is audited by Maloo Bhatt & Co. for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Maloo Bhatt & Co. | Locked | Locked | Locked |
Complete auditor history for Honest Enterprise Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Honest Enterprise Private Limited
Honest Enterprise Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Laxmichand Vaghmal Vaghela
Also directs:
Honest Enterprise Private Limited
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Whole-Time Director | 12 Aug 1999 | 26 Years 11 Months | Current |
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Hitesh Laxmichand Vaghela
Also directs:
Honest Enterprise Private Limited, Ram Ratna Wires Limited
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Director | 12 Aug 1999 | 26 Years 11 Months | Current |
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Usha Hitesh Vaghela
Also directs:
Honest Enterprise Private Limited, Honest Stainless Llp
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Whole-Time Director | 12 Aug 1999 | 26 Years 11 Months | Current |
Financials of Honest Enterprise Private Limited FY 2025 filings available
Honest Enterprise Private Limited reported revenue of ₹89 Cr (down 31.00% YoY) for FY 2025.
Ten-year financial statements for Honest Enterprise Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Honest Enterprise Private Limited
Shareholding and ownership data for Honest Enterprise Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Honest Enterprise Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Aug 2013 | State Bank of India | ₹29.6 Cr | Open |
| 08 Aug 2013 | State Bank of India | ₹29.6 Cr | Open |
| 04 Jan 2022 | Hdfc Bank Limited | ₹88,100 | Satisfied |
| 10 Oct 2014 | State Bank of India | ₹9.9 Cr | Satisfied |
| 10 Jul 2010 | Kotak Mahindra Bank Limited | ₹50 Lakh | Satisfied |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Honest Enterprise Private Limited
View historical data on people associated with Honest Enterprise Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Honest Enterprise Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Honest Enterprise Private Limited
GST registrations and filing compliance for Honest Enterprise Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Honest Enterprise Private Limited
Credit ratings, litigation, and regulatory alerts for Honest Enterprise Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Honest Enterprise Private Limited
MSME payment history for Honest Enterprise Private Limited
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- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Honest Enterprise Private Limited
Corporate group structure for Honest Enterprise Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Honest Enterprise Private Limited
MCA filings and documents for Honest Enterprise Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Honest Enterprise Private Limited
Frequently Asked Questions about Honest Enterprise Private Limited
Honest Enterprise Private Limited is an active private limited company in the metals and minerals sector based in Vadodara, Gujarat, India. It was incorporated on 12 August 1999 (27+ years old) and is registered under CIN U27209GJ1999PTC036414.
Honest Enterprise Private Limited reported revenue of ₹89 Cr for FY 2025 (down 31.00% YoY).
The current directors of Honest Enterprise Private Limited are:
- Laxmichand Vaghmal Vaghela - Whole-Time Director
- Hitesh Laxmichand Vaghela - Director
- Usha Hitesh Vaghela - Whole-Time Director
The primary industry of Honest Enterprise Private Limited is metals and minerals. The company specifically operates in steel manufacturing and processing. The company is currently active in this sector.
Yes, Honest Enterprise Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Honest Enterprise Private Limited can be reached at the registered office: 118 Meghdoot Apartment Near Apsara Cinema Pratapnagar Road, Vadodara, Gujarat, India – 390004, or through the website honestlimited.net.