Fastway Ipls Network Private Limited

Fastway Ipls Network Private Limited - business services in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U74999PB2017PTC046250 Incorporated 17 March 2017 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2024
₹2.64 Cr
▼ 6% YoY
Net profit · FY 2024
₹4.63 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹4.4 Lakh
EBITDA margin 1.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Fastway Ipls Network Private Limited

Data last updated:

Fastway Ipls Network Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Fastway Media Cable Network Private Limited. It operates in the diversified business activities segment of the business services sector. It was incorporated on 17 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB2017PTC046250. Its GSTIN is 06AADCF0431C1ZF (Haryana).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manjit Kaur and Tanveer Singh Toor.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H – Block Brs Nagar Ferozepur Road Grand Walk, Ludhiana, Punjab, India – 141012.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.64 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.63 Lakh (net margin 1.8%) and EBITDA of ₹4.4 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.

The company is associated with 1 brand: Fastway Transmissions.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fastway.in.

Company details

CIN U74999PB2017PTC046250
Registration Number 046250
Incorporation Date 17 March 2017
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Fastway Media Cable Network Private Limited
Compliance Status Active Compliant

Contact details

Fastway Ipls Network Private Limited's registered office is in Ludhiana, Punjab. Its website is fastway.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    H – Block Brs Nagar Ferozepur Road Grand Walk, Ludhiana, Punjab, India – 141012
  • Industry
    Business Services, Miscellaneous Business Activities, Other Services

To see the full contact details of Fastway Ipls Network Private Limited, buy the company report.

Comprehensive company report
Fastway Ipls Network 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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Brands

Fastway Ipls Network operates one associated brand: Fastway Transmissions. Each brand links to its own profile.

BrandDescriptionWebsite
Operates a satellite television distribution network for consumer access.fastway.in

Business activity

The main business activity of Fastway Ipls Network is information and communication. In detail, this covers broadcasting and programming activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ4Broadcasting and programming activities

To see the full business activity and turnover split of Fastway Ipls Network Private Limited, buy the company report.

Financials of Fastway Ipls Network Private Limited

FY 2024 filings available

Fastway Ipls Network Private Limited reported revenue of ₹2.64 Cr (down 6% YoY) for FY 2024.

Revenue · FY 2024
₹2.64 Cr ▼ 6%
Net profit · FY 2024
₹4.63 Lakh margin 1.8%
EBITDA · FY 2024
₹4.4 Lakh margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 11%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 128%
3 years · compounded
▼ 21%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 6% fall in the latest year. EBITDA rose 128% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.4 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.63 Lakh
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.7%
Net Profit Margin1.8%
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 Fastway Ipls Network Private Limited, buy the company report.

Board of directors of Fastway Ipls Network Private Limited

Fastway Ipls Network has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manjit KaurDirector02 Oct 20179 Years 0 MonthsCurrent
Tanveer Singh ToorDirector17 Mar 20179 Years 7 MonthsCurrent

Peer comparison

Fastway Ipls Network Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dr Tech Communication Private Limited₹2.68 Cr (FY 2025)-48.0%Salem, Tamil Nadu, India
Ginirex Private Limited₹2.68 Cr (FY 2024)87.0%Noida, Uttar Pradesh, India
Samvaad Video Private Limited₹2.67 Cr (FY 2024)13.0%Mumbai, Maharashtra, India
Ganesh Digital Networks Private Limited₹2.66 Cr (FY 2024)-73.0%Hyderabad, Telangana, India
Zonet TV Private Limited₹2.64 Cr (FY 2025)-37.0%Aizawl, Mizoram, India
Fastway Ipls Network Private Limitedthis company₹2.64 Cr (FY 2024)₹4.63 Lakh1.8%-6.0%Ludhiana, Punjab, India
Harvest Television Network Private Limited₹2.59 Cr (FY 2025)-12.0%Thiruvananthapuram, Kerala, India
Media Plus Signals Private Limited₹2.55 Cr (FY 2025)5.0%Vazhuthacadu, Kerala, India
Netset Media Services Private Limited₹2.55 Cr (FY 2025)8.0%Jamnagar, Gujarat, India
Tirur Cable Vision Private Limited₹2.54 Cr (FY 2025)3.0%Tirur, Kerala, India
Indo - Asian News Channel Private Limited₹2.54 Cr (FY 2020)-53.0%Kochi, Kerala, India

To see the full peer comparison of Fastway Ipls Network Private Limited, buy the company report.

Auditor

Fastway Ipls Network Private Limited is audited by RAJESH MEHRU & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
RAJESH MEHRU & COFY 2017011715N

Shareholding

The shareholding of Fastway Ipls Network Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fastway Ipls Network Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fastway Ipls Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Fastway Ipls Network has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
06AADCF0431C1ZFHaryanaActive22 Dec 2017

To see the full GST registrations and return filing status of Fastway Ipls Network Private Limited, buy the company report.

Recent activity

Fastway Ipls Network Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Manjit Kaur ceased to be Additional Director on 18 Sep 2018.

AGM
Fastway Ipls Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Fastway Ipls Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Ceased
Manjit Kaur ceased to be Additional Director.
Appointed
Manjit Kaur was appointed as Director.
Ceased
Manjot Singh Mann ceased to be Director.
Appointed
Tanveer Singh Toor was appointed as Director.
Incorporation
17 Mar 2017
Fastway Ipls Network Private Limited was registered on 17 Mar 2017 with Roc Chandigarh & aged 9 years 7 months as per MCA records.

Frequently asked questions

Fastway Ipls Network is an active private limited company based in Ludhiana, Punjab, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 17 March 2017 (9+ years old) and is registered under CIN U74999PB2017PTC046250.

Fastway Ipls Network has 2 current directors:

The latest financial statements of Fastway Ipls Network on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Fastway Ipls Network is 06AADCF0431C1ZF, registered in Haryana.

The CIN (Corporate Identification Number) of Fastway Ipls Network is U74999PB2017PTC046250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fastway Ipls Network was incorporated on 17 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Fastway Ipls Network by revenue are Dr Tech Communication Private Limited, Ginirex Private Limited, Samvaad Video Private Limited, Ganesh Digital Networks Private Limited, Zonet TV Private Limited and 5 more, all in the same principal business activity (broadcasting and programming activities).

Manjit Kaur ceased to be Additional Director on 18 Sep 2018. Manjit Kaur was appointed as Director on 02 Oct 2017. Manjot Singh Mann ceased to be Director on 02 Oct 2017. Fastway Ipls Network has 4 board changes on record in total.

Fastway Ipls Network can be reached through the website fastway.in. Its registered office is in Ludhiana, Punjab, India.

The registered office of Fastway Ipls Network is at H – Block Brs Nagar Ferozepur Road Grand Walk, Ludhiana, Punjab, India – 141012.

Fastway Ipls Network operates in the business services industry, in the miscellaneous business activities segment.