About Fastenex Private Limited
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Fastenex Private Limited is a private limited company based in Puducherry, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 20 July 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Pondicherry, under CIN U28939PY1983PTC000228. Its GSTIN is 34AAACF1146M1ZS (Puducherry). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.14 Cr. It is led by directors Amit Lalitrai Shah (Managing Director) and Chirag Amit Shah.
Its last annual general meeting (AGM) was held on 09 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 25 Industrial Estate Thattanchavadi, Puducherry, India – 605009.
As per the financials filed for FY 2025, the company reported a revenue of ₹407.73 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹14.71 Cr (net margin 3.6%) and EBITDA of ₹115.33 Cr (EBITDA margin 28.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 16% over five years.
The company has about 667 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹94 Cr and satisfied charges of ₹220.81 Cr on record. Court records list 24 cases involving the company, including 24 filed by the company; 11 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹730.19 Cr; the latest was in May 2021. Its 5 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 3 smaller; the largest is SKS Fasteners Limited with revenue of ₹425.77 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fastenex.co.in.
Company details
Contact details
Fastenex Private Limited's registered office is in Puducherry, Puducherry. Its website is fastenex.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 25 Industrial Estate Thattanchavadi, Puducherry, India – 605009
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Fastenex 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 Fastenex is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Fastenex Private Limited, buy the company report.
Financials of Fastenex Private Limited
FY 2025 filings availableFastenex Private Limited reported revenue of ₹407.73 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 5% growth in the latest year. EBITDA fell 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹115.33 Cr | ||||
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| Net Profit (PAT) | ₹14.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.3% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Fastenex Private Limited, buy the company report.
Board of directors of Fastenex Private Limited
Fastenex has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Lalitrai Shah | Managing Director | 04 Jan 1989 | 37 Years 9 Months | Current |
| Chirag Amit Shah | Director | 12 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Fastenex Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SKS Fasteners Limited | ₹425.77 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Swastid Engineering Private Limited | ₹411.97 Cr (FY 2024) | -15.0% | Pune, Maharashtra, India | |||
| Fastenex Private Limitedthis company | ₹407.73 Cr (FY 2025) | ₹14.71 Cr | 3.6% | 5.0% | 667 | Puducherry, India |
| Excel Metal Engineering Private Limited | ₹399.79 Cr (FY 2024) | 12.0% | Bangalore, Karnataka, India | |||
| Sandhar Engineering Private Limited | ₹397.2 Cr (FY 2025) | 72.0% | Gurugram, Haryana, India | |||
| Shakti Precision Components (India) Private Limited | ₹395.35 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Fastenex Private Limited, buy the company report.
Auditor
Fastenex Private Limited is audited by GANESAN AND COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESAN AND COMPANY | FY 2022 | 000859S |
Shareholding
The shareholding of Fastenex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fastenex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Apr 2024 | 100899923 | Hdfc Bank Limited | ₹7.5 Cr | Open | |
| 30 Jul 2021 | 100473017 | State Bank of India | ₹36.5 Cr | Open | |
| 26 Jul 2021 | 100475095 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 06 Apr 2013 | 10429422 | State Bank of India | ₹30 Cr | Satisfied | |
| 06 Apr 2013 | 10429319 | State Bank of India | ₹30 Cr | Satisfied |
To see the full charge records of Fastenex Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Fastenex Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹730.19 Cr; the latest was in May 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2021 | Funding round | ₹730.19 Cr | Investors: 2 individuals |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: Toolex Private Limited & Amit Lalitrai Shah, Toolex Private Limited Seller: 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Lalitrai Mohanlal Shah Huf, an individual |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fastenex Private Limited has 24 court cases on record: 24 filed by Fastenex. 11 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 0 | 11 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed by the company against State Tax Officer (Inspection VI) | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against State Tax Officer (Inspection VI) | Pending |
| Madras High Court | Appeal | Filed by the company against Government of Puducherry | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Government of Puducherry | Pending |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Fastenex Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fastenex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Fastenex has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Unistrong Engineers Private Limited | U29113PY2005PTC001872 |
To see the full group structure of Fastenex Private Limited, buy the company report.
Employees & EPFO
Fastenex Private Limited has a workforce of 667 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Fastenex has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 34AAACF1146M1ZS | Puducherry | Active | 01 Jul 2017 |
| 33AAACF1146M1ZU | Tamil Nadu | Active | 18 Mar 2021 |
To see the full GST registrations and return filing status of Fastenex Private Limited, buy the company report.
Recent activity
Fastenex Private Limited has 6 board changes on record since 1989: 2 appointments and 4 cessations. The latest: Aveni Shah ceased to be Additional Director on 31 Dec 2018.
20 earlier events are in the company report.
Frequently asked questions
Fastenex is an active private limited company based in Puducherry, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 20 July 1983 (43+ years old) and is registered under CIN U28939PY1983PTC000228.
Fastenex has 2 current directors:
- Amit Lalitrai Shah - Managing Director
- Chirag Amit Shah - Director
The latest financial statements of Fastenex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fastenex is 34AAACF1146M1ZS, registered in Puducherry. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAACF1146M1ZU (Tamil Nadu).
The CIN (Corporate Identification Number) of Fastenex is U28939PY1983PTC000228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastenex has 24 court cases on record: 24 filed by the company. 11 are pending.
Fastenex was incorporated on 20 July 1983, making it 43+ years old. It is registered with the Registrar of Companies, Pondicherry.
Fastenex has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹730.19 Cr; the latest was in May 2021.
The peers of Fastenex by revenue are SKS Fasteners Limited, Swastid Engineering Private Limited, Excel Metal Engineering Private Limited, Sandhar Engineering Private Limited, Shakti Precision Components (India) Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Aveni Shah ceased to be Additional Director on 31 Dec 2018. Chirag Amit Shah ceased to be Additional Director on 28 Sep 2018. Amit Lalitrai Shah ceased to be Director on 12 Jan 2018. Fastenex has 6 board changes on record in total.
Fastenex can be reached through the website fastenex.co.in. Its registered office is in Puducherry, India.