Fastmile Express Private Limited
About Fastmile Express Private Limited
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Fastmile Express Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 02 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63030KA2021PTC150225. Its GSTIN is 29AAECF6707E1ZN (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Khushnud Khan and Rishiraj Singh Rathore.
Its last annual general meeting (AGM) was held on 31 October 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.1668A G5 Rjp Towers 27th Main Road Parangipalya 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.52 Cr. For the same year it recorded a net profit of ₹3.73 Lakh (net margin 0.4%) and EBITDA of ₹5.16 Lakh (EBITDA margin 0.5%).
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Company details
Contact details
Fastmile Express Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.1668A G5 Rjp Towers 27th Main Road Parangipalya 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryTransport and Logistics, Integrated & Diversified Logistics 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
Business activity
The main business activity of Fastmile Express is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Fastmile Express Private Limited, buy the company report.
Financials of Fastmile Express Private Limited
FY 2022 filings availableFastmile Express Private Limited reported revenue of ₹10.52 Cr for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 |
|---|---|
| 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 | ₹5.16 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹3.73 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 | |
| Inventories | |
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| Cash and Bank Balance | |
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Financial Ratios
| Metrics | FY 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.5% |
| Net Profit Margin | 0.4% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
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| Receivable Days | |
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To see the full financial statements and ratios of Fastmile Express Private Limited, buy the company report.
Board of directors of Fastmile Express Private Limited
Fastmile Express has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khushnud Khan Also directs: Mirai Consumer Private Limited, Fig AI Technologies Private Limited, Sharkfin Tech Private Limited and 2 more | Director | 02 Aug 2021 | 5 Years 2 Months | Current |
| Rishiraj Singh Rathore Also directs: Sharkfin Tech Private Limited, Gamma Internet Private Limited, Falcon Internet Private Limited and 1 more | Director | 02 Aug 2021 | 5 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2023 | 100681474 | Others | ₹10 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Fastmile Express Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S C J Darcl Logistics Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Delhivery Limited | Disposed |
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed against the company by an individual | Pending |
To see the full case history of Fastmile Express 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 Fastmile Express Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fastmile Express has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECF6707E1ZN | Karnataka | Active | 29 Aug 2021 |
To see the full GST registrations and return filing status of Fastmile Express Private Limited, buy the company report.
Recent activity
Fastmile Express Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Khushnud Khan was appointed as Director on 02 Aug 2021.
Frequently asked questions
Fastmile Express is an active private limited company based in Bangalore, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 02 August 2021 (5+ years old) and is registered under CIN U63030KA2021PTC150225.
Fastmile Express has 2 current directors:
- Khushnud Khan - Director
- Rishiraj Singh Rathore - Director
The latest financial statements of Fastmile Express on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 October 2022. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Fastmile Express is 29AAECF6707E1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Fastmile Express is U63030KA2021PTC150225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastmile Express has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Fastmile Express was incorporated on 02 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Khushnud Khan was appointed as Director on 02 Aug 2021. Rishiraj Singh Rathore was appointed as Director on 02 Aug 2021.
The registered office of Fastmile Express is at No.1668A G5 Rjp Towers 27th Main Road Parangipalya 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
Fastmile Express operates in the transport and logistics industry, in the integrated and diversified logistics services segment.
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