About Honesty Spaces Private Limited
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Honesty Spaces Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the building construction segment of the construction sector. It was incorporated on 12 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2013PTC148803.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mustafa Jetpurwala Mohammedali and Taherali Fakhruddin Rajkotwala.
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 Off 31 Parmar Pawan Sn 1A Hn 1/2 1st Flr Opp Rupee Bank Kondhwa Kd, Pune, Maharashtra, India – 411048.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.45 Lakh. For the same year it recorded a net profit of ₹9.79 Lakh (net margin 17.7%) and EBITDA of ₹9.94 Lakh (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website honestyspaces.com.
Company details
Contact details
Honesty Spaces Private Limited's registered office is in Pune, Maharashtra. Its website is honestyspaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOff 31 Parmar Pawan Sn 1A Hn 1/2 1st Flr Opp Rupee Bank Kondhwa Kd, Pune, Maharashtra, India – 411048
- IndustryConstruction, Buildings
To see the full contact details of Honesty Spaces 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 Spaces is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Honesty Spaces Private Limited, buy the company report.
Financials of Honesty Spaces Private Limited
FY 2025 filings availableHonesty Spaces Private Limited reported revenue of ₹55.45 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years. EBITDA rose 466% 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 | ₹9.94 Lakh | ||||
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| Net Profit (PAT) | ₹9.79 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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| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | 17.7% | ||||
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To see the full financial statements and ratios of Honesty Spaces Private Limited, buy the company report.
Board of directors of Honesty Spaces Private Limited
Honesty Spaces has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mustafa Jetpurwala Mohammedali | Director | 08 Dec 2015 | 10 Years 10 Months | Current |
| Taherali Fakhruddin Rajkotwala Also directs: Ticonic Infotech Private Limited | Director | 31 Mar 2014 | 12 Years 6 Months | Current |
| Hozeifa Taiyabali Rangwala | Director | 12 Sep 2013 | 13 Years 1 Months | Current |
| Hozefa Ebrahim Tambawala Also directs: Ticonic Infotech Private Limited | Director | 12 Sep 2013 | 13 Years 1 Months | Current |
Peer comparison
Honesty Spaces Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mantra Buildcrafts Private Limited | ₹55.58 Lakh (FY 2024) | -96.0% | Varanasi, Uttar Pradesh, India | |||
| Paradise Builders Private Limited | ₹55.54 Lakh (FY 2022) | 22.0% | Chandigarh, India | |||
| Leetov Real Estate Limited | ₹55.5 Lakh (FY 2018) | Uttar Pradesg, Uttar Pradesh, India | ||||
| Blue Dot Designers Private Limited | ₹55.47 Lakh (FY 2025) | 0.0% | Moradabad, Uttar Pradesh, India | |||
| Vamshika Ms Traders Private Limited | ₹55.46 Lakh (FY 2018) | Mahabubnagar, Telangana, India | ||||
| Honesty Spaces Private Limitedthis company | ₹55.45 Lakh (FY 2025) | ₹9.79 Lakh | 17.7% | Pune, Maharashtra, India | ||
| Skal Housing and Infrastructure Private Limited | ₹55.45 Lakh (FY 2025) | 1773.0% | Chennai, Tamil Nadu, India | |||
| Jhameshwar Infrastructures Private Limited | ₹55.44 Lakh (FY 2023) | -74.0% | Udaipur, Rajasthan, India | |||
| Vijay Homes & Realtors Private Limited | ₹55.43 Lakh (FY 2023) | -76.0% | Hyderabad, Telangana, India | |||
| Deccan Gadhiya Promoters Private Limited | ₹55.42 Lakh (FY 2025) | 32.0% | Chennai, Tamil Nadu, India | |||
| Headway Premier Induspark Private Limited | ₹55.4 Lakh (FY 2025) | 752.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Honesty Spaces Private Limited, buy the company report.
Auditor
Honesty Spaces Private Limited is audited by CA Mahesh Bajaj for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA Mahesh Bajaj | FY 2017 | 121178 |
Shareholding
The shareholding of Honesty Spaces 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 Spaces Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Honesty Spaces 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 Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Honesty Spaces Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Honesty Spaces Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Mustafa Jetpurwala Mohammedali ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Honesty Spaces is an active private limited company based in Pune, Maharashtra, India. The company works in buildings, within the construction industry. It was incorporated on 12 September 2013 (13+ years old) and is registered under CIN U45200PN2013PTC148803.
Honesty Spaces has 4 current directors:
- Mustafa Jetpurwala Mohammedali - Director
- Taherali Fakhruddin Rajkotwala - Director
- Hozeifa Taiyabali Rangwala - Director
- Hozefa Ebrahim Tambawala - Director
The latest financial statements of Honesty Spaces 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 CIN (Corporate Identification Number) of Honesty Spaces is U45200PN2013PTC148803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honesty Spaces was incorporated on 12 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Honesty Spaces by revenue are Mantra Buildcrafts Private Limited, Paradise Builders Private Limited, Leetov Real Estate Limited, Blue Dot Designers Private Limited, Vamshika Ms Traders Private Limited and 5 more, all in the same principal business activity (buildings).
Mustafa Jetpurwala Mohammedali ceased to be Additional Director on 30 Sep 2016. Mustafa Jetpurwala Mohammedali was appointed as Director on 08 Dec 2015. Taherali Fakhruddin Rajkotwala ceased to be Additional Director on 30 Sep 2014. Honesty Spaces has 6 board changes on record in total.
Honesty Spaces can be reached through the website honestyspaces.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Honesty Spaces is at Off 31 Parmar Pawan Sn 1A Hn 12 1st Flr Opp Rupee Bank Kondhwa Kd, Pune, Maharashtra, India – 411048.
Honesty Spaces operates in the construction industry, in the buildings segment.
The compliance status of Honesty Spaces is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.