Honesty Agro Private Limited
About Honesty Agro Private Limited
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Honesty Agro Private Limited is a private limited company based in Bhilwara, Rajasthan, India. It operates in the agricultural support services segment of the agriculture sector. It was incorporated on 18 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U15100RJ2005PTC021022. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹39.3 Lakh. It is led by directors Mohit Bansal and Sunil Bansal.
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 G – 232 RIICO Iiird Phase Pur Road, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2021, the company reported a revenue of ₹20,000, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹3,034 (net margin 15.2%) and EBITDA of ₹4,100 (EBITDA margin 20.5%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹40 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Honesty Agro has one previous CIN (Corporate Identification Number): U23201RJ2005PTC021022. The current CIN is U15100RJ2005PTC021022, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15100RJ2005PTC021022 | Current |
| U23201RJ2005PTC021022 | Previous |
Contact details
Honesty Agro Private Limited's registered office is in Bhilwara, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 232 RIICO Iiird Phase Pur Road, Bhilwara, Rajasthan, India – 311001
- IndustryAgriculture, Agricultural Support Services, Hunting
To see the full contact details of Honesty Agro 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 Honesty Agro is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Honesty Agro Private Limited, buy the company report.
Financials of Honesty Agro Private Limited
FY 2025 filings availableHonesty Agro Private Limited reported revenue of ₹20,000 (up 65% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 65% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 42% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹4,100 | ||||
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| Net Profit (PAT) | ₹3,034 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 20.5% | ||||
| Net Profit Margin | 15.2% | ||||
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To see the full financial statements and ratios of Honesty Agro Private Limited, buy the company report.
Board of directors of Honesty Agro Private Limited
Honesty Agro has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Bansal | Director | 20 Jul 2012 | 14 Years 3 Months | Current |
| Sunil Bansal | Director | 21 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Honesty Agro Private Limited is audited by G.P SINGHAL & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.P SINGHAL & COMPANY | FY 2017 | 407111 |
Shareholding
The shareholding of Honesty Agro Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Honesty Agro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2009 | 10189566 | Bank of Baroda | ₹30 Lakh | Open | |
| 04 Dec 2009 | 10189567 | Bank of Baroda Ssi Branch | ₹20 Lakh | Open | |
| 22 Dec 2005 | 90113692 | Bhilwara Ajmer Kehetriya Gramin Bank | ₹40 Lakh | Satisfied |
To see the full charge records of Honesty Agro Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Honesty Agro 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 Honesty Agro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Honesty Agro 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 Honesty Agro Private Limited, buy the company report.
Recent activity
Honesty Agro Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Kamal Kumar Bansal ceased to be Director on 09 Dec 2019.
Frequently asked questions
Honesty Agro is an active private limited company based in Bhilwara, Rajasthan, India. The company works in agricultural support services, within the agriculture industry. It was incorporated on 18 July 2005 (21+ years old) and is registered under CIN U15100RJ2005PTC021022.
Honesty Agro has 2 current directors:
- Mohit Bansal - Director
- Sunil Bansal - Director
The latest financial statements of Honesty Agro 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. Honesty Agro has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Honesty Agro is U15100RJ2005PTC021022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honesty Agro was incorporated on 18 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Jaipur.
Kamal Kumar Bansal ceased to be Director on 09 Dec 2019. Sunil Bansal was appointed as Director on 21 Nov 2019. Manju Bansal ceased to be Director on 21 Jul 2012. Honesty Agro has 5 board changes on record in total.
The registered office of Honesty Agro is at G – 232 RIICO Iiird Phase Pur Road, Bhilwara, Rajasthan, India – 311001.
Honesty Agro operates in the agriculture industry, in the agricultural support services segment.
Honesty Agro has open charges of ₹50 Lakh and satisfied charges of ₹40 Lakh as per latest MCA filings.