Honest Properties Private Limited
About Honest Properties Private Limited
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Honest Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1997PTC110573. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9 Cr. It is led by directors Shiv Kumar Kanodia and Tarun Kanodia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.48 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹16.29 Lakh (net margin 79.6%) and EBITDA of ₹19.05 Lakh (EBITDA margin 93%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Honest Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address232 Udyog Bhavan 2nd Floor, Sonawala Road Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Honest Properties 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
Financials of Honest Properties Private Limited
FY 2025 filings availableHonest Properties Private Limited reported revenue of ₹20.48 Lakh (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA rose 15% 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 | ₹19.05 Lakh | ||||
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| Net Profit (PAT) | ₹16.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 93% | ||||
| Net Profit Margin | 79.6% | ||||
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To see the full financial statements and ratios of Honest Properties Private Limited, buy the company report.
Board of directors of Honest Properties Private Limited
Honest Properties has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiv Kumar Kanodia | Director | 18 Jun 2015 | 11 Years 4 Months | Current |
| Tarun Kanodia | Director | 01 Jan 2014 | 12 Years 9 Months | Current |
Auditor
Honest Properties Private Limited is audited by RANDHIR JHUNJHUNWALA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANDHIR JHUNJHUNWALA & CO | FY 2022 | 113675W |
Shareholding
The shareholding of Honest Properties Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Honest Properties Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Honest Properties 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 Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Honest Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Honest Properties Private Limited, buy the company report.
Recent activity
Honest Properties Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Usha Devi Kanodia ceased to be Additional Director on 30 Sep 2020.
Frequently asked questions
Honest Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 September 1997 (29+ years old) and is registered under CIN U70100MH1997PTC110573.
Honest Properties has 2 current directors:
- Shiv Kumar Kanodia - Director
- Tarun Kanodia - Director
The latest financial statements of Honest Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Honest Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Honest Properties is U70100MH1997PTC110573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honest Properties was incorporated on 10 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Usha Devi Kanodia ceased to be Additional Director on 30 Sep 2020. Sashikant Goyal ceased to be Director on 20 Jun 2015. Shiv Kumar Kanodia was appointed as Director on 18 Jun 2015. Honest Properties has 7 board changes on record in total.
The registered office of Honest Properties is at 232 Udyog Bhavan 2nd Floor, Sonawala Road Goregaon East, Mumbai, Maharashtra, India – 400063.
Honest Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Honest Properties is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.