Honest Shipping Private Limited - Company Profile

It is a transport and logistics private limited company based in Mundra, Gujarat, India, established in 2021.
2021 Mundra, Gujarat, India Active
Last Updated:
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About Honest Shipping Private Limited

Honest Shipping Private Limited, a active private limited company, was established on 25 January 2021 in Mundra, Gujarat, India. Engaging in integrated & diversified logistics services within the transport and storage sector, it holds CIN: U60231GJ2021PTC119748. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

Its leadership includes Sagarkumar Bhavanji Chhabhaiya (Director), Hardik Bhavanjibhai Chhabhaiya (Director). Past directors included Bhavesh Ravjibhai Patel. It holds ₹4.65 M open charges and ₹4.50 M settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at City Mall Complex, Office No F-9, Baroi Road, First Floor, Mundra, Mundra, Gujarat, 370421.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U60231GJ2021PTC119748

  • Registration Number

    119748

  • Incorporation Date

    25 January 2021

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 5 Year, 29 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.65 M
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth **** 2066.21%
  • Profit Growth **** 152.01%
  • Ebitda **** 188.13%
  • Net Worth 46.38%
  • Total Assets **** 113.49%
Company report

Honest Shipping Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Honest Shipping Private Limited — 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 Shipping Private Limited?
Current Directors
Name Designation Appointment Date Status
Sagarkumar Bhavanji Chhabhaiya Director 04 Aug 2022 Current
Hardik Bhavanjibhai Chhabhaiya Director 25 Jan 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Aug 2022 Past

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Financial Performance of Honest Shipping.

Honest Shipping Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 2066.21% increase. The company also saw a substantial improvement in profitability, with a 152.01% increase in profit. The company's net worth Soared by an impressive increase of 46.38%.

Honest Shipping revenue growth over time
Honest Shipping 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
********
 2066.21%
*******
*******
*******
*******
Revenue from Operations
*******
 2066.21%
*******
*******
*******
*******
Total Assets
*******
 113.49%
*******
*******
*******
*******
Profit or Loss
*******
 152.01%
*******
*******
*******
*******
Net Worth
*******
 46.38%
*******
*******
*******
*******
EBITDA
*******
 188.13%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Honest Shipping?

In 2022, Honest Shipping had a promoter holding of 100.00%. 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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Charges (Loans)
Open Charges

₹4,650,000.00

Satisfied Charges

₹4,500,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 0.47 Cr
Latest Charge Details
Date Lender Amount Status
19 Oct 2023 Hdfc Bank Limited ₹4.65 M Open
04 Nov 2022 Others ₹4.50 M Satisfied

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How Many Employees Work at Honest Shipping?

Honest Shipping has a workforce of 0 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Shipping, 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 Shipping'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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Honest Shipping
Recent Activity within the Organization
  • Annual General Meeting

    Honest Shipping Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Honest Shipping Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 4.65 M registered on 19 Oct 2023 with Charge ID 100839561 was modified on 05 Aug 2024. was documented.

  • Charges

    The activity A charge registered on 04 Nov 2022 via Charge ID 100654885 with Others was fully satisfied on 09 Nov 2023. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 4.65 M with Charge ID 100839561 was registered on 19 Oct 2023. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 4.50 M with Charge ID 100654885 was registered on 04 Nov 2022. was documented.

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Frequently Asked Questions
What is the CIN of Honest Shipping Private Limited?

The CIN of Honest Shipping Private Limited is U60231GJ2021PTC119748.

Where is Honest Shipping Private Limited headquartered?

Honest Shipping Private Limited is headquartered at City Mall Complex, Office No F-9, Baroi Road, First Floor, Mundra, Mundra, Gujarat, 370421.

When was Honest Shipping Private Limited incorporated?

Honest Shipping Private Limited was incorporated on 25 January 2021.

Who are the current directors of Honest Shipping Private Limited?

The current directors of Honest Shipping Private Limited are

What is the primary industry of Honest Shipping Private Limited?

The primary industry of Honest Shipping Private Limited is Transport And Storage.

Is Honest Shipping Private Limited a listed company?

Honest Shipping Private Limited is unlisted.

What is the capital structure of Honest Shipping Private Limited?

The authorized capital of Honest Shipping Private Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

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