Faster Trade Ventures Private Limited

Faster Trade Ventures Private Limited - construction in Kolkata, West Bengal, India. Directors, charges & compliance details.
CIN U45400WB2010PTC155341 Incorporated 03 December 2010 ROC Kolkata HQ Kolkata, West Bengal, India
Struck Off Private Limited Company construction
Data last updated
Revenue · FY 2016
₹1.59 Lakh
Latest filing
Net loss · FY 2016
₹17,660
Net margin -11.1%
EBITDA · FY 2016
-₹17,660
EBITDA margin -11.1%
Authorised capital
₹2.1 Cr
Registered with MCA
Paid-up capital
₹2.07 Cr
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Last financials
Mar 2016
Balance sheet date

About Faster Trade Ventures Private Limited

Data last updated:

Faster Trade Ventures Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Hilltop Commosale Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the building construction segment of the construction sector. It was incorporated on 03 December 2010.

The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2010PTC155341.

The company had an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.07 Cr. It was led by directors Dinesh Kumar Mandal and Abhijit Ghosal.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 14 Hare Street Ground Floor, Kolkata, West Bengal, India – 700001.

As per the financials filed for FY 2016, the company reported a revenue of ₹1.59 Lakh. For the same year it recorded a net loss of ₹17,660 (net margin -11.1%) and EBITDA of -₹17,660 (EBITDA margin -11.1%).

Company details

CIN U45400WB2010PTC155341
Registration Number 155341
Incorporation Date 03 December 2010
ROC Kolkata
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Parent Company Hilltop Commosale Private Limited
Compliance Status Active Non-Compliant

Contact details

Faster Trade Ventures Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    14 Hare Street Ground Floor, Kolkata, West Bengal, India – 700001
  • Industry
    Construction, Building Construction

To see the full contact details of Faster Trade Ventures Private Limited, buy the company report.

Comprehensive company report
Faster Trade Ventures Private Limited - one report that includes everything
  • 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
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Financials of Faster Trade Ventures Private Limited

FY 2016 filings available

Faster Trade Ventures Private Limited reported revenue of ₹1.59 Lakh for FY 2016.

Revenue · FY 2016
₹1.59 Lakh
Net loss · FY 2016
₹17,660 margin -11.1%
EBITDA · FY 2016
-₹17,660 margin -11.1%

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.59 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹17,660
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹17,660
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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin-11.1%
Net Profit Margin-11.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Faster Trade Ventures Private Limited, buy the company report.

Board of directors of Faster Trade Ventures Private Limited

Faster Trade Ventures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Dinesh Kumar MandalDirector05 May 20179 Years 5 MonthsAs last reported
Abhijit GhosalDirector03 Dec 201015 Years 10 MonthsAs last reported

Auditor

Faster Trade Ventures Private Limited is audited by JOYDEEP ROY & CO. for the financial year 2016.

Auditor firmFinancial yearFirm registration number
JOYDEEP ROY & CO.FY 2016327798E

Shareholding

The shareholding of Faster Trade Ventures Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Faster Trade Ventures Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Faster Trade Ventures 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 Faster Trade Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Faster Trade Ventures Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Dinesh Kumar Mandal was appointed as Director on 05 May 2017.

Appointed
Dinesh Kumar Mandal was appointed as Director.
Ceased
Shankar Kumar Mahato ceased to be Director.
AGM
Faster Trade Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Faster Trade Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Kolkata.
Appointed
Abhijit Ghosal was appointed as Director.
Incorporation
03 Dec 2010
Faster Trade Ventures Private Limited was registered on 03 Dec 2010 with Roc Kolkata & aged 15 years 10 months as per MCA records.

Frequently asked questions

Faster Trade Ventures has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Faster Trade Ventures was a private limited company based in Kolkata, West Bengal, India. The company worked in building construction, within the construction industry. It was incorporated on 03 December 2010 and is registered under CIN U45400WB2010PTC155341. The company has been struck off by the Registrar of Companies and is no longer operational.

Faster Trade Ventures had 2 directors:

The CIN (Corporate Identification Number) of Faster Trade Ventures is U45400WB2010PTC155341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Faster Trade Ventures is at 14 Hare Street Ground Floor, Kolkata, West Bengal, India – 700001.

Faster Trade Ventures was incorporated on 03 December 2010. It is registered with the Registrar of Companies, Kolkata.

The latest financial statements of Faster Trade Ventures on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

Faster Trade Ventures operated in the construction industry, in the building construction segment. It worked in this industry before it was struck off.

Dinesh Kumar Mandal was appointed as Director on 05 May 2017. Shankar Kumar Mahato ceased to be Director on 05 May 2017. Abhijit Ghosal was appointed as Director on 03 Dec 2010.

The compliance status of Faster Trade Ventures is active non-compliant as of 05 August 2026.