Fast Pay Technologies Private Limited
About Fast Pay Technologies Private Limited
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Fast Pay Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC309395. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijaykumar Gujarilal Nangalia and Vishesh Vijay Nangalia.
Its last annual general meeting (AGM) was held on 31 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1 Anand Nagar Shivkripa Nr. Santoshi – Mata Mandir J B Nagar Andheri (E), Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2019, the company reported a revenue of ₹18.96 Lakh. For the same year it recorded a net loss of ₹55.84 Lakh (net margin -294.5%) and EBITDA of -₹35 Lakh (EBITDA margin -184.6%).
Company details
Contact details
Fast Pay Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1 Anand Nagar Shivkripa Nr. Santoshi – Mata Mandir J B Nagar Andheri (E), Mumbai, Maharashtra, India – 400058
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Fast Pay Technologies 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 Fast Pay Technologies is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Fast Pay Technologies Private Limited, buy the company report.
Financials of Fast Pay Technologies Private Limited
FY 2019 filings availableFast Pay Technologies Private Limited reported revenue of ₹18.96 Lakh for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹18.96 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹35 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹55.84 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
| Metrics | FY 2018-19 |
|---|---|
| Profitability | |
| EBITDA Margin | -184.6% |
| Net Profit Margin | -294.5% |
| 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 Fast Pay Technologies Private Limited, buy the company report.
Board of directors of Fast Pay Technologies Private Limited
Fast Pay Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaykumar Gujarilal Nangalia | Director | 15 May 2018 | 8 Years 5 Months | Current |
| Vishesh Vijay Nangalia | Director | 15 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Fast Pay Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhavsagar Manore Private Limited | ₹19 Lakh (FY 2024) | 109.0% | Kolkata, West Bengal, India | |||
| Airawathendra Chit Funds Private Limited | ₹19 Lakh (FY 2024) | 166.0% | Adoni, Andhra Pradesh, India | |||
| Adichira Chits Private Limited | ₹18.99 Lakh (FY 2025) | 23.0% | Kottayam, Kerala, India | |||
| B-Con Consultancy (OPC) Private Limited | ₹18.98 Lakh (FY 2024) | 9.0% | Birbhum, West Bengal, India | |||
| Aarushi Chits Private Limited | ₹18.97 Lakh (FY 2020) | -29.0% | Nirmal, Telangana, India | |||
| Fast Pay Technologies Private Limitedthis company | ₹18.96 Lakh (FY 2019) | -₹55.84 Lakh | -294.5% | Mumbai, Maharashtra, India | ||
| Zimkele Plantations Pvt.Ltd. | ₹18.96 Lakh (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Kvmu Nidhi Limited | ₹18.96 Lakh (FY 2024) | -30.0% | Kochi, Kerala, India | |||
| GHW Hospitality Private Limited | ₹18.96 Lakh (FY 2024) | 19.0% | Delhi, India | |||
| Gurman Credit Consultancy Private Limited | ₹18.95 Lakh (FY 2025) | 331.0% | Delhi, India | |||
| Finance House (India) Private Limited | ₹18.95 Lakh (FY 2023) | -7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Fast Pay Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fast Pay Technologies 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 Fast Pay Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fast Pay Technologies Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Fast Pay Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fast Pay Technologies Private Limited, buy the company report.
Recent activity
Fast Pay Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Vijaykumar Gujarilal Nangalia was appointed as Director on 15 May 2018.
Frequently asked questions
Fast Pay Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 May 2018 (8+ years old) and is registered under CIN U74999MH2018PTC309395.
Fast Pay Technologies has 2 current directors:
- Vijaykumar Gujarilal Nangalia - Director
- Vishesh Vijay Nangalia - Director
The latest financial statements of Fast Pay Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 December 2019. Year-wise statements from FY 2019 are in the company report.
No. Fast Pay Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Fast Pay Technologies is U74999MH2018PTC309395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fast Pay Technologies was incorporated on 15 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fast Pay Technologies by revenue are Bhavsagar Manore Private Limited, Airawathendra Chit Funds Private Limited, Adichira Chits Private Limited, B-Con Consultancy (OPC) Private Limited, Aarushi Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Vijaykumar Gujarilal Nangalia was appointed as Director on 15 May 2018. Vishesh Vijay Nangalia was appointed as Director on 15 May 2018.
The registered office of Fast Pay Technologies is at 1 Anand Nagar Shivkripa Nr. Santoshi – Mata Mandir J B Nagar Andheri E, Mumbai, Maharashtra, India – 400058.
Fast Pay Technologies operates in the information technology industry, in the IT consulting and support services segment.
Fast Pay Technologies can be reached at its registered office: 1 Anand Nagar Shivkripa Nr. Santoshi – Mata Mandir J B Nagar Andheri E, Mumbai, Maharashtra, India – 400058.