Honesty Developers Private Limited
About Honesty Developers Private Limited
Data last updated:
Honesty Developers Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 03 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2007PTC118287. Its GSTIN is 19AABCH9867N1ZN (West Bengal).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mausham Barmecha and Mudit Barmecha.
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 33A Jawaharlal Nehru Road Park, Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.9 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹5.25 Lakh (net margin -0.8%) and EBITDA of -₹2.59 Lakh (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 143% over three years and 57% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Honesty Developers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address9th Floor Flat A – 7 Chatterjee International, 33A Jawaharlal Nehru Road Park Street, Kolkata, West Bengal, India – 700071
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Honesty Developers 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 Developers 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 Honesty Developers Private Limited, buy the company report.
Financials of Honesty Developers Private Limited
FY 2025 filings availableHonesty Developers Private Limited reported revenue of ₹6.9 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA fell 135% 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 | -₹2.59 Lakh | ||||
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| Net Profit (PAT) | -₹5.25 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 | -0.4% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Honesty Developers Private Limited, buy the company report.
Board of directors of Honesty Developers Private Limited
Honesty Developers 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 |
|---|---|---|---|---|
| Mudit Barmecha Also directs: Mudit Ridh Manufacturing Private Limited | Additional Director | 27 Oct 2025 | 1 Years 0 Months | Current |
| Mausham Barmecha | Director | 12 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Honesty Developers Private Limited is audited by B K SARKAR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K SARKAR & ASSOCIATES | FY 2022 | 326007E |
Shareholding
The shareholding of Honesty Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Honesty Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Honesty Developers 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 Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Honesty Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCH9867N1ZN | West Bengal | Active | 13 Jul 2018 |
To see the full GST registrations and return filing status of Honesty Developers Private Limited, buy the company report.
Recent activity
Honesty Developers Private Limited has 12 board changes on record since 2007: 7 appointments and 5 cessations. The latest: Mausham Barmecha was appointed as Director on 12 Nov 2025.
3 earlier events are in the company report.
Frequently asked questions
Honesty Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 03 September 2007 (19+ years old) and is registered under CIN U45400WB2007PTC118287.
Honesty Developers has 2 current directors:
- Mudit Barmecha - Additional Director
- Mausham Barmecha - Director
The latest financial statements of Honesty Developers 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.
The GSTIN of Honesty Developers is 19AABCH9867N1ZN, registered in West Bengal.
The CIN (Corporate Identification Number) of Honesty Developers is U45400WB2007PTC118287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honesty Developers was incorporated on 03 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
Mausham Barmecha was appointed as Director on 12 Nov 2025. Vikash Barmecha ceased to be Director on 12 Nov 2025. Vikram Barmecha ceased to be Director on 12 Nov 2025. Honesty Developers has 12 board changes on record in total.
The registered office of Honesty Developers is at 9th Floor Flat A – 7 Chatterjee International, 33A Jawaharlal Nehru Road Park Street, Kolkata, West Bengal, India – 700071.
Honesty Developers operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
The compliance status of Honesty Developers is compliant as of 08 July 2026. The company is actively filing with the Registrar of Companies.
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