Honest Industries Private Limited - Company Profile

It is a manufacturing private limited company based in Daskroi, Gujarat, India, established in 2012.
2012 Daskroi, Gujarat, India Active
Last Updated:
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About Honest Industries Private Limited

Honest Industries Private Limited, a active private limited company, was established on 20 September 2012 in Daskroi, Gujarat, India. Engaging in construction materials within the trade sector, it holds CIN: U29254GJ2012PTC072045. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Omkarsinh Dilipsinh Mahida (Director), Jaypalsinh Omkarsinh Mahida (Additional Director). Past directors included Vijaybhai Chandrakant Joshi. It holds ₹1.86 Cr open charges and ₹5.14 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No. - 15, Shiv Bhumi Industrial Estate Kubadthal, Daskroi, Gujarat, 382430.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U29254GJ2012PTC072045

  • Registration Number

    072045

  • Incorporation Date

    20 September 2012

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.86 Cr
  • Satisfied Charges ₹ 5.14 Cr
  • Revenue Growth **** -17.60%
  • Profit Growth **** 648.64%
  • Ebitda **** 105.32%
  • Net Worth 12.16%
  • Total Assets **** 6.66%
Company report

Honest Industries Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Honest Industries 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 Industries Private Limited?
Current Directors
Name Designation Appointment Date Status
Omkarsinh Dilipsinh Mahida Director 20 Sep 2012 Current
Jaypalsinh Omkarsinh Mahida Additional Director 11 Feb 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 11 Feb 2019 Past

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Financial Performance of Honest Industries.

Honest Industries Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 17.6% decrease. The company also saw a substantial improvement in profitability, with a 648.64% increase in profit. The company's net worth Soared by an impressive increase of 12.16%.

Honest Industries revenue growth over time
Honest Industries 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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 -17.60%
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*******
*******
Revenue from Operations
*******
 -15.26%
*******
*******
*******
*******
Total Assets
*******
 6.66%
*******
*******
*******
*******
Profit or Loss
*******
 648.64%
*******
*******
*******
*******
Net Worth
*******
 12.16%
*******
*******
*******
*******
EBITDA
*******
 105.32%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Honest Industries?

In 2020, Honest Industries 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

₹18,550,000.00

Satisfied Charges

₹51,375,000.00

Charges Breakdown by Lending Institutions
  • The Ahmedabad Mercantile Co-Operative Bank Ltd : 3.28 Cr
  • Others : 1.86 Cr
Latest Charge Details
Date Lender Amount Status
22 Jan 2018 Others ₹1.86 Cr Satisfied
03 Jun 2013 The Ahmedabad Mercantile Co-Operative Bank Ltd ₹3.28 Cr Satisfied

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How Many Employees Work at Honest Industries?

Unlock and access historical data on people associated with Honest Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Industries, 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 Industries'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 Industries
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Honest Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Honest Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Charges

    The activity A charge registered on 22 Jan 2018 via Charge ID 100157911 with Others was fully satisfied on 29 Mar 2025. was completed.

  • Charges

    A charge with Others of Rs. 18.55 M registered on 22 Jan 2018 with Charge ID 100157911 was modified on 18 Feb 2021. was recorded as a recent event.

  • Director Appointment

    The activity Jaypalsinh Omkarsinh Mahida was appointed as a Additional Director was appointed as a Additional Director on 11 Feb 2019 & has been associated with this company since 7 years 1 day . was completed.

  • Charges

    The activity A charge registered on 03 Jun 2013 via Charge ID 10430124 with The Ahmedabad Mercantile Co-Operative Bank Ltd was fully satisfied on 08 Aug 2018. was completed.

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

The CIN of Honest Industries Private Limited is U29254GJ2012PTC072045.

Where is Honest Industries Private Limited headquartered?

Honest Industries Private Limited is headquartered at Plot No. - 15, Shiv Bhumi Industrial Estate Kubadthal, Daskroi, Gujarat, 382430.

When was Honest Industries Private Limited incorporated?

Honest Industries Private Limited was incorporated on 20 September 2012.

Who are the current directors of Honest Industries Private Limited?

The current directors of Honest Industries Private Limited are

What is the primary industry of Honest Industries Private Limited?

The primary industry of Honest Industries Private Limited is Trade.

Is Honest Industries Private Limited a listed company?

Honest Industries Private Limited is unlisted.

What is the capital structure of Honest Industries Private Limited?

The authorized capital of Honest Industries Private Limited is ₹1.00 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Honest Industries Private Limited?

The compliance status of Honest Industries Private Limited is Compliant.

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