About Honest Lifecare Solutions Private Limited
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Honest Lifecare Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 23 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2009PTC051605. Its GSTIN is 29AACCH3539C1ZR (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Shree Kavya and Gowthama Panduranga.
Its last annual general meeting (AGM) was held on 28 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 438 Hmt Main Road Gokula Mathikere, Bangalore, Karnataka, India – 560054.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.56 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹42,000 (net margin 0.7%) and EBITDA of ₹77,000 (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website honestlifecare.com.
Company details
Contact details
Honest Lifecare Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is honestlifecare.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 438 Hmt Main Road Gokula Mathikere, Bangalore, Karnataka, India – 560054
- IndustryHealthcare, Ayurvedic Products & Services
To see the full contact details of Honest Lifecare Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Honest Lifecare Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Honest Lifecare Solutions Private Limited, buy the company report.
Financials of Honest Lifecare Solutions Private Limited
FY 2024 filings availableHonest Lifecare Solutions Private Limited reported revenue of ₹60.56 Lakh (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 600% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹77,000 | ||||
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| Net Profit (PAT) | ₹42,000 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Honest Lifecare Solutions Private Limited, buy the company report.
Board of directors of Honest Lifecare Solutions Private Limited
Honest Lifecare Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shree Kavya | Director | 15 Feb 2013 | 13 Years 8 Months | Current |
| Gowthama Panduranga | Director | 23 Nov 2009 | 16 Years 11 Months | Current |
Shareholding
The shareholding of Honest Lifecare Solutions Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Honest Lifecare Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Honest Lifecare Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Honest Lifecare Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Honest Lifecare Solutions Private Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Honest Lifecare Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCH3539C1ZR | Karnataka | Active | 01 Jul 2017 |
| 32AACCH3539C1Z4 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Honest Lifecare Solutions Private Limited, buy the company report.
Recent activity
Honest Lifecare Solutions Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Vijayakumar Manjappa ceased to be Director on 20 Sep 2013.
Frequently asked questions
Honest Lifecare Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 23 November 2009 (17+ years old) and is registered under CIN U67190KA2009PTC051605.
Honest Lifecare Solutions has 2 current directors:
- Shree Kavya - Director
- Gowthama Panduranga - Director
The latest financial statements of Honest Lifecare Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Honest Lifecare Solutions is 29AACCH3539C1ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AACCH3539C1Z4 (Kerala).
The CIN (Corporate Identification Number) of Honest Lifecare Solutions is U67190KA2009PTC051605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honest Lifecare Solutions was incorporated on 23 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Vijayakumar Manjappa ceased to be Director on 20 Sep 2013. Shree Kavya was appointed as Director on 15 Feb 2013. Pathaiah Gangappa ceased to be Director on 28 Feb 2010. Honest Lifecare Solutions has 5 board changes on record in total.
Honest Lifecare Solutions can be reached through the website honestlifecare.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Honest Lifecare Solutions is at No. 438 Hmt Main Road Gokula Mathikere, Bangalore, Karnataka, India – 560054.
Honest Lifecare Solutions operates in the healthcare industry, in the ayurvedic products and services segment.
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