About Fast Track Software Services Private Limited
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Fast Track Software Services Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Fast Track Team Inc,Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2005PTC020874. Its GSTIN is 27AAACF9326R1ZZ (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Shubhada Ajey Paranjape and Ajey Sudhakar Paranjape.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at K 6/4 Erandawane Housing Soc. 'Yash' Bungalow 2nd Floor, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2022, the company reported a revenue of ₹84.55 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Lakh (net margin 1.4%) and EBITDA of ₹2.34 Lakh (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
The company is associated with 1 brand: Fast Track Team. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fasttrackteam.com.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressK 6/4 Erandawane Housing Soc. 'Yash' Bungalow 2nd Floor, Pune, Maharashtra, India – 411004
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Fast Track Software Services Private Limited
The main business activity of Fast Track Software Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Fast Track Software Services Private Limited FY 2022 filings available
Fast Track Software Services Private Limited reported revenue of ₹84.55 Lakh (down 12% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Fast Track Software Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 12% fall in the latest year. EBITDA rose 123% 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 of Fast Track Software Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹2.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.19 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Fast Track Software Services Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Fast Track Software Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Fast Track Software Services Private Limited
Fast Track Software Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ease Venture Private Limited | ₹84.74 Lakh (FY 2022) | •••• | •••• | 147174.0% | •••• | Chennai, Tamil Nadu, India |
| Priyadarshini Computer Services Pvt Ltd | ₹84.71 Lakh (FY 2023) | •••• | •••• | 8.0% | •••• | Hyderabad, Telangana, India |
| Sky-E IT Solutions Private Limited | ₹84.64 Lakh (FY 2025) | •••• | •••• | 62.0% | •••• | Hyderabad, Telangana, India |
| Saltoshine India Private Limited | ₹84.64 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Ahmedabad, Gujarat, India |
| Million Walls Communications Private Limited | ₹84.56 Lakh (FY 2019) | •••• | •••• | 487.0% | •••• | Hyderabad, Telangana, India |
| Fast Track Software Services Private Limited this company | ₹84.55 Lakh (FY 2022) | •••• | •••• | -12.0% | •••• | Pune, Maharashtra, India |
| Reg-X Innovations (OPC) Private Limited | ₹84.55 Lakh (FY 2025) | •••• | •••• | 142.0% | •••• | Pune, Maharashtra, India |
| Hamari Suraksha Software Solutions Private Limited | ₹84.51 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Microtechnika Metrology Private Limited | ₹84.5 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Satara, Maharashtra, India |
| Subdigi Ventures Private Limited | ₹84.48 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Immensoft Business Intelligence Private Limited | ₹84.41 Lakh (FY 2018) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Fast Track Software Services by revenue in the Information Technology industry (Application Development, Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Fast Track Software Services Private Limited
Fast Track Software Services Private Limited is audited by CHANDORKAR & LIMAYE for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDORKAR & LIMAYE | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Fast Track Software Services Private Limited
Fast Track Software Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhada Ajey Paranjape | Director | 14 Jun 2005 | 21 Years 3 Months | Current |
| Ajey Sudhakar Paranjape | Director | 14 Jun 2005 | 21 Years 3 Months | Current |
Ownership and Shareholding of Fast Track Software Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Fast Track Software Services Private Limited
Fast Track Software Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Fast Track Software Services Private Limited
Fast Track Software Services Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Execution petition | Filed against the company by Treco Consultancy Services Pvt Ltd. | Disposed |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Cavendish Ind Ltd | Pending |
| District court, Chandigarh | Court case (RC or ARC) | Filed against the company by Treco Consultancy Services Privatge Ltd | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Fast Track Software Services Private Limited
Fast Track Software Services operates one associated brand: Fast Track Team. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fast Track Team delivers expert solutions in application development and digital marketing. | fasttrackteam.com |
Employees and EPFO Compliance at Fast Track Software Services Private Limited
Employment history and EPFO contributions of people linked to Fast Track Software Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Fast Track Software Services Private Limited
Fast Track Software Services Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Ajey Sudhakar Paranjape was appointed as Director on 14 Jun 2005.
Credit Ratings, Litigation & Regulatory Alerts for Fast Track Software Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Fast Track Software Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Fast Track Software Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Fast Track Software Services Private Limited
Fast Track Software Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF9326R1ZZ | Maharashtra | Active | 14 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fast Track Software Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fast Track Software Services Private Limited
Fast Track Software Services is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 June 2005 (21+ years old) and is registered under CIN U72200PN2005PTC020874.
Fast Track Software Services reported revenue of ₹84.55 Lakh for FY 2022 (down 12% YoY).
Fast Track Software Services has 2 current directors:
- Shubhada Ajey Paranjape - Director
- Ajey Sudhakar Paranjape - Director
Fast Track Software Services reported a net profit of ₹1.19 Lakh (net margin 1.4%) and EBITDA of ₹2.34 Lakh (EBITDA margin 2.8%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fast Track Software Services is -6% over three years and -13% over five years. In the latest year (FY 2022) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fast Track Software Services is 27AAACF9326R1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fast Track Software Services is U72200PN2005PTC020874. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fast Track Software Services has 3 court cases on record: 3 filed against it. 1 is pending.
Fast Track Software Services was incorporated on 14 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Fast Track Software Services by revenue are Ease Venture Private Limited, Priyadarshini Computer Services Pvt Ltd, Sky-E IT Solutions Private Limited, Saltoshine India Private Limited, Million Walls Communications Private Limited and 5 more, all in the Information Technology industry (Application Development, Software Services).
Ajey Sudhakar Paranjape was appointed as Director on 14 Jun 2005. Shubhada Ajey Paranjape was appointed as Director on 14 Jun 2005.