Honesty Net Solutions (India) Private Limited - Company Profile

It is a telecom private limited company based in Bhandup West, Maharashtra, India, established in 2002.
2002 Bhandup West, Maharashtra, India Active
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About Honesty Net Solutions (India) Private Limited

Honesty Net Solutions (India) Private Limited, a active private limited company, was established on 25 October 2002 in Bhandup West, Maharashtra, India. Engaging in isp & broadband services within the information and communication sector, it holds CIN: U72200MH2002PTC137693. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.60 Cr.

It upholds a compliant status. Employing 4 professional, Its leadership includes Suresh Vasudeo Thakur (Director), Jitendra Dattatray Ghadigaonkar (Director). Past directors included Ripunjay Bararia, Bharat Bhushan Mithal, Nandakumar Dattatray Ghadigaonkar. It holds no open charges and ₹15.53 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at A-2002, Station Plaza, Station Road,, Bhandup West, Maharashtra, 400078.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U72200MH2002PTC137693

  • Registration Number

    137693

  • Incorporation Date

    25 October 2002

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.60 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.60 Cr
  • Company Age 23 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 15.53 Cr
  • Revenue Growth **** -30.54%
  • Profit Growth **** -180.20%
  • Ebitda **** -505.26%
  • Net Worth -65.83%
  • Total Assets -20.65%
Company report

Honesty Net Solutions (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Honesty Net Solutions (India) 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 Honesty Net Solutions (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Suresh Vasudeo Thakur Director 25 Oct 2002 Current
Jitendra Dattatray Ghadigaonkar Director 25 Oct 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Aug 2015 Past
Pramod Abcsdd Nominee Director 01 Aug 2015 Past
Pramod Abcsdd Director 11 Mar 2013 Past
Pramod Abcsdd Nominee Director 01 Aug 2015 Past

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Financial Performance of Honesty Net Solutions (India).

Honesty Net Solutions (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.54% decrease. The company also saw a substantial fall in profitability, with a 180.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 65.83%.

Honesty Net Solutions (India) revenue growth over time
Honesty Net Solutions (India) 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
********
 -30.54%
*******
*******
*******
*******
Revenue from Operations
*******
 -43.45%
*******
*******
*******
*******
Total Assets
*******
 -20.65%
*******
*******
*******
*******
Profit or Loss
*******
 -180.20%
*******
*******
*******
*******
Net Worth
*******
 -65.83%
*******
*******
*******
*******
EBITDA
*******
 -505.26%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Honesty Net Solutions (India)?

Unlock access to Honesty Net Solutions (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹0

Satisfied Charges

₹155,283,000.00

Charges Breakdown by Lending Institutions
  • Punjab And Maharashtra Co-Op. Bank Ltd. : 11.24 Cr
  • Hdfc Bank Limited : 3.00 Cr
  • Punjab And Maharashtra Co-Op Bank Ltd : 0.75 Cr
  • Punjab & Maharashtra Co-Operative Bank Ltd. : 0.50 Cr
  • Punjab & Maharashtra Co-Op. Bank Ltd. : 0.04 Cr
Latest Charge Details
Date Lender Amount Status
29 Apr 2017 Hdfc Bank Limited ₹3.00 Cr Satisfied
20 Dec 2014 Punjab And Maharashtra Co-Op. Bank Ltd. ₹1.70 Cr Satisfied
12 Jul 2012 Punjab And Maharashtra Co-Op. Bank Ltd. ₹1.00 Cr Satisfied
20 Oct 2011 Punjab And Maharashtra Co-Op. Bank Ltd. ₹7.50 M Satisfied
13 Aug 2010 Punjab And Maharashtra Co-Op. Bank Ltd. ₹3.45 Cr Satisfied

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How Many Employees Work at Honesty Net Solutions (India)?

Honesty Net Solutions (India) has a workforce of 4 employees as of Mar 28, 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 Honesty Net Solutions (India), 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 Honesty Net Solutions (India)'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 Honesty Net Solutions (India)
Recent Activity within the Organization
  • Annual General Meeting

    Honesty Net Solutions (India) 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

    Progress on Honesty Net Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    Progress on A charge registered on 29 Apr 2017 via Charge ID 100103024 with Hdfc Bank Limited was fully satisfied on 15 Jun 2022. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 29 Apr 2017 with Charge ID 100103024 was modified on 03 Aug 2017. was completed.

  • Charges

    Progress on A charge registered on 20 Dec 2014 via Charge ID 10537367 with Punjab And Maharashtra Co-Op. Bank Ltd. was fully satisfied on 11 May 2017. was documented.

  • Charges

    The activity A charge registered on 20 Mar 2009 via Charge ID 10151944 with Punjab And Maharashtra Co-Op. Bank Ltd. was fully satisfied on 11 May 2017. was completed.

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Frequently Asked Questions
What is the CIN of Honesty Net Solutions (India) Private Limited?

The CIN of Honesty Net Solutions (India) Private Limited is U72200MH2002PTC137693.

Where is Honesty Net Solutions (India) Private Limited headquartered?

Honesty Net Solutions (India) Private Limited is headquartered at A-2002, Station Plaza, Station Road,, Bhandup West, Maharashtra, 400078.

When was Honesty Net Solutions (India) Private Limited incorporated?

Honesty Net Solutions (India) Private Limited was incorporated on 25 October 2002.

Who are the current directors of Honesty Net Solutions (India) Private Limited?

The current directors of Honesty Net Solutions (India) Private Limited are

What is the primary industry of Honesty Net Solutions (India) Private Limited?

The primary industry of Honesty Net Solutions (India) Private Limited is Information And Communication.

Is Honesty Net Solutions (India) Private Limited a listed company?

Honesty Net Solutions (India) Private Limited is unlisted.

What is the capital structure of Honesty Net Solutions (India) Private Limited?

The authorized capital of Honesty Net Solutions (India) Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.60 Cr.

What is the compliance status of Honesty Net Solutions (India) Private Limited?

The compliance status of Honesty Net Solutions (India) Private Limited is Compliant.

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