Fastner Mercantile Pvt Ltd
About Fastner Mercantile Pvt Ltd
Data last updated:
Fastner Mercantile Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 08 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PTC077144.
The company has an authorised share capital of ₹5.39 Cr and a paid-up capital of ₹5.39 Cr. It is led by directors including Manish Gupta and Loveleen Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.63 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹9.39 Lakh (net margin 28.8%) and EBITDA of ₹21.83 Lakh (EBITDA margin 66.9%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 21% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fastner Mercantile Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address23A Netaji Subhas Road, Fortuna Tower 7th Floor Room No.22, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Fastner Mercantile Pvt Ltd, 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 Fastner Mercantile is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Fastner Mercantile Pvt Ltd, buy the company report.
Financials of Fastner Mercantile Pvt Ltd
FY 2024 filings availableFastner Mercantile Pvt Ltd reported revenue of ₹32.63 Lakh (down 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 51% fall in the latest year. EBITDA fell 62% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹21.83 Lakh | ||||
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| Net Profit (PAT) | ₹9.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 66.9% | ||||
| Net Profit Margin | 28.8% | ||||
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To see the full financial statements and ratios of Fastner Mercantile Pvt Ltd, buy the company report.
Board of directors of Fastner Mercantile Pvt Ltd
Fastner Mercantile has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Gupta | Director | 23 Mar 2022 | 4 Years 7 Months | Current |
| Yogesh Kumar Goenka Also directs: Apnapan Vinimay Limited, Darkwell Vanijya Limited, Nisarg International Private Limited and 3 more | Additional Director | 04 Jan 2025 | 1 Years 9 Months | Current |
| Loveleen Sharma Also directs: Apnapan Vinimay Limited, Darkwell Vanijya Limited | Director | 23 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Fastner Mercantile Pvt Ltd is audited by Navin Lahoty & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Navin Lahoty & Co. | FY 2023 | 056931 |
Shareholding
The shareholding of Fastner Mercantile Pvt Ltd 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 Fastner Mercantile Pvt Ltd, buy the company report.
Legal cases
Fastner Mercantile Pvt Ltd has 2 court cases on record: 2 filed by Fastner Mercantile. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Income Tax Officer 9( and 1 other | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Fastner Mercantile Pvt Ltd, 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 Fastner Mercantile Pvt Ltd; 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 Fastner Mercantile Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fastner Mercantile Pvt Ltd has 26 board changes on record since 2008: 3 appointments and 23 cessations. The latest: Manish Gupta ceased to be Director on 07 Feb 2025.
17 earlier events are in the company report.
Frequently asked questions
Fastner Mercantile is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 08 February 1996 (30+ years old) and is registered under CIN U51909WB1996PTC077144.
Fastner Mercantile has 3 current directors:
- Manish Gupta - Director
- Yogesh Kumar Goenka - Additional Director
- Loveleen Sharma - Director
The latest financial statements of Fastner Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fastner Mercantile is U51909WB1996PTC077144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastner Mercantile has 2 court cases on record: 2 filed by the company.
Fastner Mercantile was incorporated on 08 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Manish Gupta ceased to be Director on 07 Feb 2025. Yogesh Kumar Goenka was appointed as Additional Director on 04 Jan 2025. Dolly Das ceased to be Additional Director on 30 Sep 2022. Fastner Mercantile has 26 board changes on record in total.
The registered office of Fastner Mercantile is at 23A Netaji Subhas Road, Fortuna Tower 7th Floor Room No.22, Kolkata, West Bengal, India – 700001.
Fastner Mercantile operates in the financial services industry, in the nbfc segment.
The compliance status of Fastner Mercantile is compliant as of 17 August 2026. The company is actively filing with the Registrar of Companies.