Fastweb IT Solutions Private Limited
About Fastweb IT Solutions Private Limited
Data last updated:
Fastweb IT Solutions Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the IT services segment of the services sector. It was incorporated on 10 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2007PTC129585.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Suchit Ramkrushna Jadhav and Pandurang Damodar Jathar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 1182/71 Mali Colony Takala, Kolhapur, Maharashtra, India – 416008.
As per the financials filed for FY 2018, the company reported a revenue of ₹27.76 Cr. For the same year it recorded a net profit of ₹1.69 Lakh (net margin 0.1%) and EBITDA of ₹1.69 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 539% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Fastweb IT Solutions Private Limited's registered office is in Kolhapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1182/71 Mali Colony Takala, Kolhapur, Maharashtra, India – 416008
- IndustryService, Information Technology Services
To see the full contact details of Fastweb IT Solutions 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 Fastweb IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Fastweb IT Solutions Private Limited, buy the company report.
Financials of Fastweb IT Solutions Private Limited
FY 2018 filings availableFastweb IT Solutions Private Limited reported revenue of ₹27.76 Cr for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 539% over three years. EBITDA rose 549% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹1.69 Lakh | |||
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| Net Profit (PAT) | ₹1.69 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 0.1% | |||
| Net Profit Margin | 0.1% | |||
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To see the full financial statements and ratios of Fastweb IT Solutions Private Limited, buy the company report.
Board of directors of Fastweb IT Solutions Private Limited
Fastweb IT Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suchit Ramkrushna Jadhav | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
| Pandurang Damodar Jathar | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
Auditor
Fastweb IT Solutions Private Limited is audited by SSRV & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSRV & Associates | FY 2017 | 135901W |
Shareholding
The shareholding of Fastweb IT Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fastweb IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fastweb IT Solutions 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 Fastweb IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fastweb IT Solutions Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
No GST registration is on our record for Fastweb IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fastweb IT Solutions Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Pandurang Damodar Jathar ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Fastweb IT Solutions is an active private limited company based in Kolhapur, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 10 February 2007 (19+ years old) and is registered under CIN U72200PN2007PTC129585.
Fastweb IT Solutions has 2 current directors:
- Suchit Ramkrushna Jadhav - Director
- Pandurang Damodar Jathar - Director
The latest financial statements of Fastweb IT Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fastweb IT Solutions is U72200PN2007PTC129585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastweb IT Solutions was incorporated on 10 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Pandurang Damodar Jathar ceased to be Additional Director on 30 Sep 2016. Suchit Ramkrushna Jadhav ceased to be Additional Director on 30 Sep 2016. Afroz Hussain Abdul Khadar Yadwad ceased to be Managing Director on 28 Jul 2016. Fastweb IT Solutions has 7 board changes on record in total.
The registered office of Fastweb IT Solutions is at 118271 Mali Colony Takala, Kolhapur, Maharashtra, India – 416008.
Fastweb IT Solutions operates in the service industry, in the information technology services segment.
The compliance status of Fastweb IT Solutions is active non-compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
Fastweb IT Solutions can be reached at its registered office: 118271 Mali Colony Takala, Kolhapur, Maharashtra, India – 416008.