Fastensol India Private Limited
About Fastensol India Private Limited
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Fastensol India Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 08 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2018PTC072923. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chander Hass Sharma and Loveneet Jain.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at House No. 96 Sector – 72 Neemka, Faridabad, Haryana, India – 121004.
As per the financials filed for FY 2020, the company reported a revenue of ₹16.19 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹17,333 (net margin -1.1%) and EBITDA of ₹2.58 Lakh (EBITDA margin 15.9%).
Company details
Contact details
Fastensol India Private Limited's registered office is in Faridabad, Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressHouse No. 96 Sector – 72 Neemka, Faridabad, Haryana, India – 121004
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Fastensol India 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 Fastensol India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Fastensol India Private Limited, buy the company report.
Financials of Fastensol India Private Limited
FY 2020 filings availableFastensol India Private Limited reported revenue of ₹16.19 Lakh (down 73% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 73% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹16.19 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.58 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹17,333 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 15.9% | ||
| Net Profit Margin | -1.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Fastensol India Private Limited, buy the company report.
Board of directors of Fastensol India Private Limited
Fastensol India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chander Hass Sharma | Director | 08 Mar 2018 | 8 Years 8 Months | Current |
| Loveneet Jain | Director | 08 Mar 2018 | 8 Years 8 Months | Current |
Legal cases
No court or tribunal cases involving Fastensol India 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 Fastensol India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fastensol India 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 Fastensol India Private Limited, buy the company report.
Recent activity
Fastensol India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Chander Hass Sharma was appointed as Director on 08 Mar 2018.
Frequently asked questions
Fastensol India is an active private limited company based in Faridabad, Haryana, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 08 March 2018 (8+ years old) and is registered under CIN U74999HR2018PTC072923.
Fastensol India has 2 current directors:
- Chander Hass Sharma - Director
- Loveneet Jain - Director
The latest financial statements of Fastensol India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
No. Fastensol India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Fastensol India is U74999HR2018PTC072923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastensol India was incorporated on 08 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Haryana.
Chander Hass Sharma was appointed as Director on 08 Mar 2018. Loveneet Jain was appointed as Director on 08 Mar 2018.
The registered office of Fastensol India is at House No. 96 Sector – 72 Neemka, Faridabad, Haryana, India – 121004.
Fastensol India operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
Fastensol India can be reached at its registered office: House No. 96 Sector – 72 Neemka, Faridabad, Haryana, India – 121004.
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