Honest Marketing Private Limited
About Honest Marketing Private Limited
Data last updated:
Honest Marketing Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 19 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1990PTC059494. Its GSTIN is 27AABCH5623E1ZV (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Yohan Arif Aslam Rub and Harpreet Kau.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gat No. 14 Bableshwar Road Palse, Nashik, Maharashtra, India – 422101.
As per the financials filed for FY 2025, the company reported a revenue of ₹521.85 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.03 Cr (net margin 1.2%) and EBITDA of ₹12.37 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 18% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹63.65 Cr and satisfied charges of ₹22.49 Cr on record. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it; 2 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in March 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Honest Marketing Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGat No. 14 Bableshwar Road Palse, Nashik, Maharashtra, India – 422101
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Honest Marketing 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 Marketing is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Honest Marketing Private Limited, buy the company report.
Financials of Honest Marketing Private Limited
FY 2024 filings availableHonest Marketing Private Limited reported revenue of ₹521.85 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 6% growth in the latest year. EBITDA fell 10% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.37 Cr | ||||
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| Net Profit (PAT) | ₹6.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Honest Marketing Private Limited, buy the company report.
Board of directors of Honest Marketing Private Limited
Honest Marketing has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupindersingh Balwantsingh Also directs: Anggels Share LLP, Mansha Global Private Limited, Fit-Tight Engineers and Exporter Pvt Ltd and 5 more | Additional Director | 11 Apr 2011 | 15 Years 7 Months | Current |
| Yohan Arif Aslam Rub Also directs: Mansha Agencies P Ltd, Ask Agencies and Investments Private Limited, Sante Retail Private Limited and 1 more | Director | 01 Oct 2011 | 15 Years 1 Months | Current |
| Harpreet Kau Also directs: Mansha Global Private Limited, Fit-Tight Engineers and Exporter Pvt Ltd, Mansha Agencies P Ltd and 2 more | Director | 06 Nov 2019 | 7 Years 0 Months | Current |
Auditor
Honest Marketing Private Limited is audited by S S Mutha & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S Mutha & Co | FY 2023 | 114117W |
Shareholding
The shareholding of Honest Marketing Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Honest Marketing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2023 | 100713820 | Standard Chartered Bank | ₹40 Lakh | Open | |
| 18 May 2022 | 100574259 | Standard Chartered Bank | ₹1.25 Cr | Open | |
| 28 Mar 2022 | 100556570 | Standard Chartered Bank | ₹22 Cr | Open | |
| 01 Jun 2020 | 100417002 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 25 Mar 2021 | 100484028 | Others | ₹1.44 Cr | Satisfied |
To see the full charge records of Honest Marketing Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Honest Marketing Private Limited has 4 deals on record (4 secondary share transfers); the latest was in March 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Honest Marketing Private Limited has 11 court cases on record: 10 filed by Honest Marketing, 1 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 1 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Honest Marketing Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Honest Marketing Private Limited was last rated by Crisil on 07 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 Aug 2020 |
To see the full credit ratings and regulatory alerts of Honest Marketing Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Honest Marketing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Honest Marketing Private Limited has a workforce of 92 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 92 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Honest Marketing Private Limited, buy the company report.
GST
Honest Marketing has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH5623E1ZV | Maharashtra | Active | 01 Jul 2017 |
| 07AABCH5623E1ZX | Delhi | Active | 08 Apr 2022 |
To see the full GST registrations and return filing status of Honest Marketing Private Limited, buy the company report.
Recent activity
Honest Marketing Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Harpreet Kau was appointed as Director on 06 Nov 2019.
19 earlier events are in the company report.
Frequently asked questions
Honest Marketing is an active private limited company based in Nashik, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 19 December 1990 (36+ years old) and is registered under CIN U51900MH1990PTC059494.
Honest Marketing has 3 current directors:
- Bhupindersingh Balwantsingh - Additional Director
- Yohan Arif Aslam Rub - Director
- Harpreet Kau - Director
The latest financial statements of Honest Marketing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Honest Marketing is 27AABCH5623E1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AABCH5623E1ZX (Delhi).
The CIN (Corporate Identification Number) of Honest Marketing is U51900MH1990PTC059494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honest Marketing has 11 court cases on record: 10 filed by the company and 1 filed against it. 2 are pending.
Honest Marketing was incorporated on 19 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Honest Marketing has 4 deals on record (4 secondary share transfers); the latest was in March 2022.
Harpreet Kau was appointed as Director on 06 Nov 2019. Manish Manubhai Patel ceased to be Director on 31 Mar 2017. Sumeet Balkrishan Gupta ceased to be Additional Director on 31 Mar 2017. Honest Marketing has 8 board changes on record in total.
The registered office of Honest Marketing is at Gat No. 14 Bableshwar Road Palse, Nashik, Maharashtra, India – 422101.
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