About Honest Restaurant Private Limited
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Honest Restaurant Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 13 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U55100GJ1999PTC036561. Its GSTIN is 24AAACH7583E1ZN (Gujarat).
The company has an authorised share capital of ₹14 Lakh and a paid-up capital of ₹1.64 Lakh. It is led by directors including Ashaben Lalbabu Agrawal and Vijay Gupta Rameshbhai.
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 1 Ground Floor White House C G Road Panchvati, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.13 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹12.57 Lakh (net margin -11.1%) and EBITDA of -₹11.97 Lakh (EBITDA margin -10.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 19% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.6 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website honestrestaurant.com.
Company details
Contact details
Honest Restaurant Private Limited's registered office is in Ahmedabad, Gujarat. Its website is honestrestaurant.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 Ground Floor White House C G Road Panchvati, Ahmedabad, Gujarat, India – 380006
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Honest Restaurant 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 Restaurant 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 Restaurant Private Limited, buy the company report.
Financials of Honest Restaurant Private Limited
FY 2024 filings availableHonest Restaurant Private Limited reported revenue of ₹1.13 Cr (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 61% fall in the latest year. EBITDA fell 109% 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 | -₹11.97 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹12.57 Lakh | ||||
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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 | -10.5% | ||||
| Net Profit Margin | -11.1% | ||||
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To see the full financial statements and ratios of Honest Restaurant Private Limited, buy the company report.
Board of directors of Honest Restaurant Private Limited
Honest Restaurant has 10 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashaben Lalbabu Agrawal | Director | 13 Sep 1999 | 27 Years 1 Months | Current |
| Vijay Gupta Rameshbhai | Director | 13 Sep 1999 | 27 Years 1 Months | Current |
| Indiraben Vijaykumar Gupta Also directs: Honest Restaurants (India) Private Limited, Ivr Realty Private Limited, Priya Hospitality LLP and 3 more | Director | 13 Sep 1999 | 27 Years 1 Months | Current |
| Anilbhai Rameshbhai Agrawal Also directs: Honest International Foods Private Limited | Director | 13 Sep 1999 | 27 Years 1 Months | Current |
| Amitaben Agrawal Anilbhai | Director | 13 Sep 1999 | 27 Years 1 Months | Current |
| Dushyant Lalbabu Agrawal Also directs: Honest International Foods Private Limited | Director | 16 Jan 2003 | 23 Years 9 Months | Current |
Peer comparison
Honest Restaurant Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vignette Food Specialities Private Limited | ₹1.14 Cr (FY 2025) | 41.0% | Hyderabad, Telangana, India | |||
| Dittex Trading Company Private Limited | ₹1.14 Cr (FY 2024) | -8.0% | Mala, Kerala, India | |||
| Honest Restaurant Private Limitedthis company | ₹1.13 Cr (FY 2025) | -₹12.57 Lakh | -11.1% | -61.0% | 4 | Ahmedabad, Gujarat, India |
| Jra Exports Private Limited | ₹1.13 Cr (FY 2025) | -7.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Honest Restaurant Private Limited, buy the company report.
Auditor
Honest Restaurant Private Limited is audited by Daivesh N Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Daivesh N Shah & Co. | FY 2023 | 102005W |
Shareholding
The shareholding of Honest Restaurant 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 Restaurant Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2019 | 100254017 | Others | ₹3.6 Cr | Open |
To see the full charge records of Honest Restaurant Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Honest Restaurant Private Limited has 14 court cases on record: 9 filed by Honest Restaurant, 5 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 4 | 2 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Chandan Catering Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (TMSUIT) | Filed by the company against Chandan Catering Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Acme Jelly Products Pvt. Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (TMSUIT) | Filed against the company | Pending |
| District court, Vadodara, Gujarat | Court case (EXE SM) | Filed against the company by an individual | Disposed |
To see the full case history of Honest Restaurant 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Honest Restaurant Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Honest Restaurant Private Limited has a workforce of 4 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Honest Restaurant has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH7583E1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Honest Restaurant Private Limited, buy the company report.
Recent activity
Honest Restaurant Private Limited has 12 board changes on record since 1999: 11 appointments and 1 cessation. The latest: Abhishek Gupta Vijaykumar was appointed as Director on 15 Mar 2018.
5 earlier events are in the company report.
Frequently asked questions
Honest Restaurant is an active private limited company based in Ahmedabad, Gujarat, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 13 September 1999 (27+ years old) and is registered under CIN U55100GJ1999PTC036561.
Honest Restaurant has 10 current directors:
- Ashaben Lalbabu Agrawal - Director
- Vijay Gupta Rameshbhai - Director
- Indiraben Vijaykumar Gupta - Director
- Anilbhai Rameshbhai Agrawal - Director
- Amitaben Agrawal Anilbhai - Director
- Dushyant Lalbabu Agrawal - Director
- Lalbabu Rameshbhai Agrawal - Director
- Nidhi Dushyant Agrawal - Director
- Abhishek Gupta Vijaykumar - Director
- Rajesh Jaspal Mittal - Director
The latest financial statements of Honest Restaurant 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 Restaurant is 24AAACH7583E1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Honest Restaurant is U55100GJ1999PTC036561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honest Restaurant has 14 court cases on record: 9 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Honest Restaurant was incorporated on 13 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Honest Restaurant by revenue are Vignette Food Specialities Private Limited, Dittex Trading Company Private Limited, Jra Exports Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Abhishek Gupta Vijaykumar was appointed as Director on 15 Mar 2018. Nidhi Dushyant Agrawal was appointed as Director on 15 Mar 2018. Rajesh Jaspal Mittal was appointed as Director on 15 Mar 2018. Honest Restaurant has 12 board changes on record in total.
Honest Restaurant can be reached through the website honestrestaurant.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Honest Restaurant is at 1 Ground Floor White House C G Road Panchvati, Ahmedabad, Gujarat, India – 380006.
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