Fastgrow Merchandise Private Limited

Fastgrow Merchandise Private Limited - trading in Kolkata, West Bengal, India. Directors, charges & compliance details.
CIN U52190WB2010PTC149549 Incorporated 26 May 2010 ROC Kolkata HQ Kolkata, West Bengal, India
Merged Private Limited Company trading
Data last updated
Revenue · FY 2021
₹1.35 Lakh
▼ 9% YoY
Net profit · FY 2021
₹11,640
Net margin 8.7%
EBITDA · FY 2021
₹9,803
EBITDA margin 7.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Last financials
Mar 2021
Balance sheet date

About Fastgrow Merchandise Private Limited

Data last updated:

Fastgrow Merchandise Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 26 May 2010.

The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U52190WB2010PTC149549.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Paresh Chaudhary and Mukesh Ratanlal Rustagi.

Its last annual general meeting (AGM) was held on 25 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 156A Lenin Sarani Kamlalaya Centre Room No. 517, Kolkata, West Bengal, India – 700013.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.35 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹11,640 (net margin 8.7%) and EBITDA of ₹9,803 (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 16% over five years.

Company details

CIN U52190WB2010PTC149549
Registration Number 149549
Incorporation Date 26 May 2010
ROC Kolkata
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 25 September 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant

Contact details

Fastgrow Merchandise Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    156A Lenin Sarani Kamlalaya Centre Room No. 517, Kolkata, West Bengal, India – 700013
  • Industry
    Trading, Other Wholesale, Wholesale

To see the full contact details of Fastgrow Merchandise Private Limited, buy the company report.

Comprehensive company report
Fastgrow Merchandise 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 Fastgrow Merchandise Private Limited

FY 2021 filings available

Fastgrow Merchandise Private Limited reported revenue of ₹1.35 Lakh (down 9% YoY) for FY 2021.

Revenue · FY 2021
₹1.35 Lakh ▼ 9%
Net profit · FY 2021
₹11,640 margin 8.7%
EBITDA · FY 2021
₹9,803 margin 7.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 30%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 121%
3 years · compounded
▼ 28%
5 years · compounded
▼ 3%

Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 121% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹9,803
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11,640
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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin7.3%
Net Profit Margin8.7%
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 Fastgrow Merchandise Private Limited, buy the company report.

Board of directors of Fastgrow Merchandise Private Limited

Fastgrow Merchandise has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Paresh ChaudharyDirector09 Jul 201214 Years 4 MonthsAs last reported
Mukesh Ratanlal RustagiDirector18 Feb 201313 Years 8 MonthsAs last reported

Shareholding

The shareholding of Fastgrow Merchandise 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 Fastgrow Merchandise Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fastgrow Merchandise 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 Fastgrow Merchandise Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Fastgrow Merchandise Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Bidyut Chakraborty ceased to be Director on 18 Feb 2013.

AGM
Fastgrow Merchandise Private Limited last Annual general meeting of members was held on 25 Sep 2021 as per latest MCA records.
Filing
Fastgrow Merchandise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata.
Ceased
Bidyut Chakraborty ceased to be Director.
Appointed
Mukesh Ratanlal Rustagi was appointed as Director.
Ceased
Sajjan Kumar Bhomia ceased to be Director.
Ceased
Vimal Joshi ceased to be Director.
Appointed
Paresh Chaudhary was appointed as Director.
Incorporation
26 May 2010
Fastgrow Merchandise Private Limited was registered on 26 May 2010 with Roc Kolkata & aged 16 years 5 months as per MCA records.

Frequently asked questions

Fastgrow Merchandise has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Fastgrow Merchandise was a private limited company based in Kolkata, West Bengal, India. The company worked in other wholesale, within the trading industry. It was incorporated on 26 May 2010 and is registered under CIN U52190WB2010PTC149549. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Fastgrow Merchandise was incorporated on 26 May 2010. It is registered with the Registrar of Companies, Kolkata.

Fastgrow Merchandise had 2 directors:

The CIN (Corporate Identification Number) of Fastgrow Merchandise is U52190WB2010PTC149549. 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 Fastgrow Merchandise is at 156A Lenin Sarani Kamlalaya Centre Room No. 517, Kolkata, West Bengal, India – 700013.

The latest financial statements of Fastgrow Merchandise on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 September 2021. Year-wise statements from 2015 are in the company report.

Fastgrow Merchandise operated in the trading industry, in the other wholesale segment.

Bidyut Chakraborty ceased to be Director on 18 Feb 2013. Mukesh Ratanlal Rustagi was appointed as Director on 18 Feb 2013. Sajjan Kumar Bhomia ceased to be Director on 18 Feb 2013. Fastgrow Merchandise has 5 board changes on record in total.

The compliance status of Fastgrow Merchandise is compliant as of 22 August 2026.