Honest Machinery Pvt Ltd - Company Profile

It is a machinery and equipment private limited company based in Surat City, Gujarat, India, established in 1980.
1980 Surat City, Gujarat, India Active
Last Updated:
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About Honest Machinery Pvt Ltd

Honest Machinery Pvt Ltd, a active private limited company, was established on 06 October 1980 in Surat City, Gujarat, India. Engaging in process machinery & industrial equipment within the manufacturing sector, it holds CIN: U29259GJ1980PTC003972. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.96 M and a paid-up capital of ₹3.96 M.

Formerly known as Honest Iron And Engineering Works Private Limited. It upholds a compliant status. Its leadership includes Jayesh Sonar (Director), Denish Vinodchandra Bhavsar (Director). Past directors included Devangkumar Mukeshbhai Rathod, Dharmeshkumar Navinchandra Champaneriya, Krishna Dhansukh Panchal. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at 901 To 910, 9Th Floor, Apmc Krushi Bazar, Sahara Darwaja, Ring Road, Surat City, Gujarat, 395006.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U29259GJ1980PTC003972

  • Registration Number

    003972

  • Incorporation Date

    06 October 1980

  • Authorized Capital

    ₹3.96 M

  • Paid-Up Capital

    ₹3.96 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.96 M
  • Paid Up Capital ₹ 3.96 M
  • Company Age 45 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth **** 2726.99%
  • Profit Growth **** 4232.36%
  • Ebitda **** 1479.23%
  • Net Worth 51.63%
  • Total Assets -21.10%
Company report

Honest Machinery Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Honest Machinery Pvt Ltd — 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 Machinery Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Jayesh Sonar Director 27 Aug 2024 Current
Denish Vinodchandra Bhavsar Director 27 Aug 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 Aug 2024 Past
Pramod Abcsdd Director 01 Feb 2022 Past
Pramod Abcsdd Director 03 Jun 2019 Past
Pramod Abcsdd Director 25 May 2023 Past
Pramod Abcsdd Director 03 Jun 2019 Past
Pramod Abcsdd Director 14 May 2009 Past

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Financial Performance of Honest Machinery.

Honest Machinery Pvt Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 2726.99% increase. The company also saw a substantial improvement in profitability, with a 4232.36% increase in profit. The company's net worth Soared by an impressive increase of 51.63%.

Honest Machinery revenue growth over time
Honest Machinery 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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 2726.99%
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*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -21.10%
*******
*******
*******
*******
Profit or Loss
*******
 4232.36%
*******
*******
*******
*******
Net Worth
*******
 51.63%
*******
*******
*******
*******
EBITDA
*******
 1479.23%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Honest Machinery?

In 2018, Honest Machinery had a promoter holding of 0.45% and a public holding of 99.55%. 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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How Many Employees Work at Honest Machinery?

Unlock and access historical data on people associated with Honest Machinery, 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 Machinery, 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 Machinery'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

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

    The activity Jayesh Sonar was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 1 year 6 months . was completed.

  • Director Appointment

    Progress on Denish Vinodchandra Bhavsar was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.

  • Annual General Meeting

    Progress on Honest Machinery Pvt Ltd last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Honest Machinery Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad. was documented.

  • Company Incorporation

    The activity Honest Machinery Pvt Ltd was registered on 06 Oct 1980 with Roc Ahmedabad & aged 45 years 4 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Honest Machinery Pvt Ltd?

The CIN of Honest Machinery Pvt Ltd is U29259GJ1980PTC003972.

Where is Honest Machinery Pvt Ltd headquartered?

Honest Machinery Pvt Ltd is headquartered at 901 To 910, 9Th Floor, Apmc Krushi Bazar, Sahara Darwaja, Ring Road, Surat City, Gujarat, 395006.

When was Honest Machinery Pvt Ltd incorporated?

Honest Machinery Pvt Ltd was incorporated on 06 October 1980.

Who are the current directors of Honest Machinery Pvt Ltd?

The current directors of Honest Machinery Pvt Ltd are

What is the primary industry of Honest Machinery Pvt Ltd?

The primary industry of Honest Machinery Pvt Ltd is Manufacturing.

Is Honest Machinery Pvt Ltd a listed company?

Honest Machinery Pvt Ltd is unlisted.

What is the capital structure of Honest Machinery Pvt Ltd?

The authorized capital of Honest Machinery Pvt Ltd is ₹3.96 M, and the paid-up capital is ₹3.96 M.

What is the compliance status of Honest Machinery Pvt Ltd?

The compliance status of Honest Machinery Pvt Ltd is Compliant.

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