Fastico Wireless Private Limited
About Fastico Wireless Private Limited
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Fastico Wireless Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the postal and courier segment of the logistics and supply chain sector. It was incorporated on 13 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U64100GJ2016PTC092920. Its GSTIN is 24AACCF8802A1Z7 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vyas Parth Maheshkumar and Sankhala Ravi Kundanbhai.
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 73 Parasnagar Co. Op. Housing Society Saujanya Tenament Vatwa Road Isanpur, Ahmedabad, Gujarat, India – 382443.
As per the financials filed for FY 2021, the company reported a revenue of ₹15.74 Lakh, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹11,304 (net margin 0.7%) and EBITDA of ₹15,304 (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address73 Parasnagar Co. Op. Housing Society Saujanya Tenament Vatwa Road Isanpur, Ahmedabad, Gujarat, India – 382443
- IndustryLogistics, Postal & Courier
- 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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Business Activity of Fastico Wireless Private Limited
The main business activity of Fastico Wireless is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Fastico Wireless Private Limited FY 2021 filings available
Fastico Wireless Private Limited reported revenue of ₹15.74 Lakh (up 47% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Fastico Wireless Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 47% growth in the latest year. EBITDA fell 41% 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 Fastico Wireless Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 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 | ₹15,304 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11,304 | •••• | •••• | •••• | •••• |
| 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 of Fastico Wireless Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Fastico Wireless are in the company report.
Financial statements from FY 2017
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 Fastico Wireless Private Limited
Fastico Wireless Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dabotics India Private Limited | ₹15.77 Lakh (FY 2025) | •••• | •••• | 56.0% | •••• | Bareilly, Uttar Pradesh, India |
| Addiox India Private Limited | ₹15.76 Lakh (FY 2024) | •••• | •••• | -45.0% | •••• | Birsanagar, Jharkhand, India |
| Hogo Works Solutions Private Limited | ₹15.76 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Netziger IT Services Private Limited | ₹15.75 Lakh (FY 2023) | •••• | •••• | 263.0% | •••• | Noida, Uttar Pradesh, India |
| Aiotize Private Limited | ₹15.74 Lakh (FY 2022) | •••• | •••• | •••• | Chandigarh, India | |
| Fastico Wireless Private Limited this company | ₹15.74 Lakh (FY 2021) | •••• | •••• | 47.0% | •••• | Ahmedabad, Gujarat, India |
| Infinity+Beyond Technology Private Limited | ₹15.73 Lakh (FY 2018) | •••• | •••• | -71.0% | •••• | Bangalore, Karnataka, India |
| Accelnext Consulting Private Limited | ₹15.71 Lakh (FY 2023) | •••• | •••• | 123.0% | •••• | Bangalore, Karnataka, India |
| Atom Apps Technologies Private Limited | ₹15.71 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | New Delhi, Delhi, India |
| Kapair Infotech Private Limited | ₹15.71 Lakh (FY 2022) | •••• | •••• | 311.0% | •••• | Delhi, India |
| Ihive Internet Services Private Limited | ₹15.7 Lakh (FY 2018) | •••• | •••• | -47.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Fastico Wireless by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Fastico Wireless Private Limited
Fastico Wireless has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vyas Parth Maheshkumar | Director | 13 Jul 2016 | 10 Years 2 Months | Current |
| Sankhala Ravi Kundanbhai | Director | 13 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Fastico Wireless 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 Fastico Wireless Private Limited
Fastico Wireless Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Fastico Wireless Private Limited
Employment history and EPFO contributions of people linked to Fastico Wireless.
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 Fastico Wireless Private Limited
Fastico Wireless Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Sankhala Ravi Kundanbhai was appointed as Director on 13 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Fastico Wireless 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 Fastico Wireless 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 Fastico Wireless 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 Fastico Wireless Private Limited
Fastico Wireless has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCF8802A1Z7 | Gujarat | Active | 22 Mar 2021 |
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 Fastico Wireless 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 Fastico Wireless Private Limited
Fastico Wireless is an active private limited company based in Ahmedabad, Gujarat, India. The company works in postal and courier, within the logistics industry. It was incorporated on 13 July 2016 (10+ years old) and is registered under CIN U64100GJ2016PTC092920.
Fastico Wireless reported revenue of ₹15.74 Lakh for FY 2021 (up 47% YoY).
Fastico Wireless has 2 current directors:
- Vyas Parth Maheshkumar - Director
- Sankhala Ravi Kundanbhai - Director
Fastico Wireless reported a net profit of ₹11,304 (net margin 0.7%) and EBITDA of ₹15,304 (EBITDA margin 1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fastico Wireless is 36% over three years. In the latest year (FY 2021) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fastico Wireless is 24AACCF8802A1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Fastico Wireless is U64100GJ2016PTC092920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastico Wireless was incorporated on 13 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Fastico Wireless by revenue are Dabotics India Private Limited, Addiox India Private Limited, Hogo Works Solutions Private Limited, Netziger IT Services Private Limited, Aiotize Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Sankhala Ravi Kundanbhai was appointed as Director on 13 Jul 2016. Vyas Parth Maheshkumar was appointed as Director on 13 Jul 2016.
The registered office of Fastico Wireless is at 73 Parasnagar Co. Op. Housing Society Saujanya Tenament Vatwa Road Isanpur, Ahmedabad, Gujarat, India – 382443.