Fastgear Private Limited
About Fastgear Private Limited
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Fastgear Private Limited is a private limited company based in Hisar, Haryana, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 19 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909HR2020PTC089463.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mandeep Kumar and Virender Singh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No. A – 9 Near Bishnoi Colony, Hisar, Haryana, India – 125001.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.77 Lakh. For the same year it recorded a net loss of ₹57,740 (net margin -32.6%) and EBITDA of -₹56,062 (EBITDA margin -31.7%).
Company details
Contact details
Fastgear Private Limited's registered office is in Hisar, Haryana.
- Registered AddressPlot No. A – 9 Near Bishnoi Colony, Hisar, Haryana, India – 125001
- IndustryTrading, Specialty, Wholesale
- 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 Fastgear is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Fastgear Private Limited, buy the company report.
Financials of Fastgear Private Limited
FY 2021 filings availableFastgear Private Limited reported revenue of ₹1.77 Lakh for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
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| Total Expenses | |
| EBITDA | -₹56,062 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹57,740 |
| 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 | |
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| Total Assets | |
Financial Ratios
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | -31.7% |
| Net Profit Margin | -32.6% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
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| Net Profit Growth | |
To see the full financial statements and ratios of Fastgear Private Limited, buy the company report.
Board of directors of Fastgear Private Limited
Fastgear has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Kumar | Director | 19 Sep 2020 | 6 Years 1 Months | Current |
| Virender Singh | Director | 19 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Fastgear Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hinjilicut Agro Producer Company Limited | ₹1.77 Lakh (FY 2017) | Hinjilicut, Odisha, India | ||||
| Jahanara E-Commerce Private Limited | ₹1.77 Lakh (FY 2016) | Mumbai, Maharashtra, India | ||||
| Sri Arunodaya Power Solutions India Private Limited | ₹1.77 Lakh (FY 2024) | 47.0% | Hyderabad, Telangana, India | |||
| Zarmin Tradelinks Private Limited | ₹1.77 Lakh (FY 2018) | 581.0% | Kolkata, West Bengal, India | |||
| Earl Chawla and Company Private Limited | ₹1.77 Lakh (FY 2024) | -62.0% | New Delhi, Delhi, India | |||
| Fastgear Private Limitedthis company | ₹1.77 Lakh (FY 2021) | -₹57,740 | -32.6% | Hisar, Haryana, India | ||
| Kesarinandan Tracom Private Limited | ₹1.77 Lakh (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Unavida Private Limited | ₹1.77 Lakh (FY 2021) | -92.0% | Mumbai, Maharashtra, India | |||
| Weekdays to Weekends Private Limited | ₹1.77 Lakh (FY 2018) | Chennai, Tamil Nadu, India | ||||
| Arrella Beauty (OPC) Private Limited | ₹1.77 Lakh (FY 2022) | Dehradun, Uttarakhand, India | ||||
| Lakshay Stainless Steel Private Limited | ₹1.77 Lakh (FY 2023) | Nawada, Bihar, India |
To see the full peer comparison of Fastgear Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fastgear 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 Fastgear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fastgear Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fastgear Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Mandeep Kumar was appointed as Director on 19 Sep 2020.
Frequently asked questions
Fastgear is an active private limited company based in Hisar, Haryana, India. The company works in specialty, within the trading industry. It was incorporated on 19 September 2020 (6+ years old) and is registered under CIN U51909HR2020PTC089463.
Fastgear has 2 current directors:
- Mandeep Kumar - Director
- Virender Singh - Director
The latest financial statements of Fastgear on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Fastgear is U51909HR2020PTC089463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastgear was incorporated on 19 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Fastgear by revenue are Hinjilicut Agro Producer Company Limited, Jahanara E-Commerce Private Limited, Sri Arunodaya Power Solutions India Private Limited, Zarmin Tradelinks Private Limited, Earl Chawla and Company Private Limited and 5 more, all in the same principal business activity (retail trading).
Mandeep Kumar was appointed as Director on 19 Sep 2020. Virender Singh was appointed as Director on 19 Sep 2020.
The registered office of Fastgear is at Plot No. A – 9 Near Bishnoi Colony, Hisar, Haryana, India – 125001.
Fastgear operates in the trading industry, in the specialty segment.
Fastgear can be reached at its registered office: Plot No. A – 9 Near Bishnoi Colony, Hisar, Haryana, India – 125001.
Fastgear is registered under the jurisdiction of the Registrar of Companies (ROC), Delhi.