
Faster Trade Ventures Private Limited
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
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 Address14 Hare Street Ground Floor, Kolkata, West Bengal, India – 700001
- IndustryConstruction, Building Construction
To see the full contact details of Faster Trade Ventures 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
Financials of Faster Trade Ventures Private Limited
FY 2016 filings availableFaster Trade Ventures Private Limited reported revenue of ₹1.59 Lakh for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 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
| Metrics | FY 2015-16 | FY 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kumar Mandal Also directs: Chitravali Barter Pvt Ltd | Director | 05 May 2017 | 9 Years 5 Months | As last reported |
| Abhijit Ghosal Also directs: Manner Dealtrade Private Limited | Director | 03 Dec 2010 | 15 Years 10 Months | As last reported |
Auditor
Faster Trade Ventures Private Limited is audited by JOYDEEP ROY & CO. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOYDEEP ROY & CO. | FY 2016 | 327798E |
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 category | FY 2016 | FY 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.
Legal cases
No court or tribunal cases involving Faster Trade Ventures 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 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.
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:
- Dinesh Kumar Mandal - Director
- Abhijit Ghosal - Director
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.