Fay Business Solutions (India) Private Limited

Fay Business Solutions (India) Private Limited - tourism and accommodation in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U55101MH2010PTC208675 Incorporated 06 October 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Struck Off Private Limited Company tourism and accommodation
Data last updated
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.4 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2019
Balance sheet date
Last AGM
25 Jul 2019
Annual general meeting
Company status
Struck Off
MCA master data

About Fay Business Solutions (India) Private Limited

Data last updated:

Fay Business Solutions (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Great Prospective 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 accommodation services by hotel segment of the tourism and accommodation sector. It was incorporated on 06 October 2010.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2010PTC208675. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.4 Lakh. It was formerly known as Panna Hospitality Services Private Limited and Panna Commodities Private Limited. It was led by directors including Sandeep Chaman Lal Wadhwa and Chaman Lal Wadhwa.

Its last annual general meeting (AGM) was held on 25 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Office No. 16 Khatau Building A. D. Mody Marg Opp. Bombay Stock Exchange Fort, Mumbai, Maharashtra, India – 400023.

Company details

CIN U55101MH2010PTC208675
Registration Number 208675
Incorporation Date 06 October 2010
ROC Mumbai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 25 July 2019
Date of Balance Sheet 31 March 2019
Parent Company Great Prospective Limited
Compliance Status Active Compliant

Name history

Fay Business Solutions (India) has undergone 2 name changes throughout its history. The company was previously known as Panna Hospitality Services Private Limited, and Panna Commodities Private Limited. The current legal name is Fay Business Solutions (India) Private Limited.

Company NameStatus
Fay Business Solutions (India) Private LimitedCurrent
Panna Hospitality Services Private LimitedPrevious
Panna Commodities Private LimitedPrevious

CIN history

Fay Business Solutions (India) has one previous CIN (Corporate Identification Number): U52390MH2010PTC208675. The current CIN is U55101MH2010PTC208675, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U55101MH2010PTC208675Current
U52390MH2010PTC208675Previous

Contact details

Fay Business Solutions (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Office No. 16 Khatau Building A. D. Mody Marg Opp. Bombay Stock Exchange Fort, Mumbai, Maharashtra, India – 400023
  • Industry
    Tourism And Accommodation, Accommodation Services By Hotel, Resorts, Hostel, Inns, Holiday Homes

To see the full contact details of Fay Business Solutions (India) Private Limited, buy the company report.

Comprehensive company report
Fay Business Solutions (India) 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 Fay Business Solutions (India) Private Limited

FY 2019 filings available

Financial Statement Summary

MetricsFY 2016-17FY 2015-16FY 2014-15
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 Fay Business Solutions (India) Private Limited, buy the company report.

Board of directors of Fay Business Solutions (India) Private Limited

Fay Business Solutions (India) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sandeep Chaman Lal WadhwaDirector30 Jan 20188 Years 9 MonthsAs last reported
Chaman Lal WadhwaDirector01 Jul 20197 Years 4 MonthsAs last reported
Niraj Subhashchand GuptaAdditional Director30 Jan 20188 Years 9 MonthsAs last reported

Auditor

Fay Business Solutions (India) Private Limited is audited by Gupta Rustagi & Co. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
Gupta Rustagi & Co.FY 2017128701W

Shareholding

The shareholding of Fay Business Solutions (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fay Business Solutions (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fay Business Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Fay Business Solutions (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Fay Business Solutions (India) Private Limited, buy the company report.

Recent activity

Fay Business Solutions (India) Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Chaman Lal Wadhwa was appointed as Director on 01 Jul 2019.

AGM
Fay Business Solutions (India) Private Limited last Annual general meeting of members was held on 25 Jul 2019 as per latest MCA records.
Appointed
Chaman Lal Wadhwa was appointed as Director.
Filing
Fay Business Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Appointed
Niraj Subhashchand Gupta was appointed as Additional Director.
Appointed
Sandeep Chaman Lal Wadhwa was appointed as Director.
Ceased
Sunil Chunilal Lalwani ceased to be Director.
Ceased
Vinod Kumar Gayaprasad Mishra ceased to be Director.
Ceased
Shankar Laxman Gurav ceased to be Director.
Ceased
Tejas Avinash Ambukar ceased to be Director.
Incorporation
06 Oct 2010
Fay Business Solutions (India) Private Limited was registered on 06 Oct 2010 with Roc Mumbai & aged 16 years 1 month as per MCA records.

Frequently asked questions

Fay Business Solutions (India) 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.

Fay Business Solutions (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in accommodation services by hotel, within the tourism and accommodation industry. It was incorporated on 06 October 2010 and is registered under CIN U55101MH2010PTC208675. The company has been struck off by the Registrar of Companies and is no longer operational.

Fay Business Solutions (India) had 3 directors:

The CIN (Corporate Identification Number) of Fay Business Solutions (India) is U55101MH2010PTC208675. 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 Fay Business Solutions (India) is at Office No. 16 Khatau Building A. D. Mody Marg Opp. Bombay Stock Exchange Fort, Mumbai, Maharashtra, India – 400023.

Fay Business Solutions (India) was incorporated on 06 October 2010. It is registered with the Registrar of Companies, Mumbai.

The latest financial statements of Fay Business Solutions (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 July 2019. Year-wise statements from 2015 are in the company report.

No. Fay Business Solutions (India) has 1 GST registration on record and it is cancelled or inactive.

Fay Business Solutions (India) operated in the tourism and accommodation industry, in the accommodation services by hotel segment. It worked in this industry before it was struck off.

Chaman Lal Wadhwa was appointed as Director on 01 Jul 2019. Niraj Subhashchand Gupta was appointed as Additional Director on 30 Jan 2018. Sandeep Chaman Lal Wadhwa was appointed as Director on 30 Jan 2018. Fay Business Solutions (India) has 7 board changes on record in total.