Fasttag Business Solutions Private Limited
About Fasttag Business Solutions Private Limited
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Fasttag Business Solutions Private Limited is a private limited company based in Ettumanoor, Kerala, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 14 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2018PTC054657.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Minu Alias (Managing Director) and Jaleesh Peter.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.6 1st Floor Central Mall Padinjare Nada Vaikom Road, Ettumanoor, Kerala, India – 686631.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.58 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹1.68 Lakh (net margin -65.1%) and EBITDA of -₹1.59 Lakh (EBITDA margin -61.6%). Revenue has grown at a compounded annual rate (CAGR) of 989% over three years.
Company details
Contact details
Fasttag Business Solutions Private Limited's registered office is in Ettumanoor, Kerala.
- Registered AddressNo.6 1st Floor Central Mall Padinjare Nada Vaikom Road, Ettumanoor, Kerala, India – 686631
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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 Fasttag Business Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Fasttag Business Solutions Private Limited, buy the company report.
Financials of Fasttag Business Solutions Private Limited
FY 2023 filings availableFasttag Business Solutions Private Limited reported revenue of ₹2.58 Lakh (down 70% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 70% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 989%. EBITDA fell 762% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.59 Lakh | ||||
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| Net Profit (PAT) | -₹1.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -61.6% | ||||
| Net Profit Margin | -65.1% | ||||
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To see the full financial statements and ratios of Fasttag Business Solutions Private Limited, buy the company report.
Board of directors of Fasttag Business Solutions Private Limited
Fasttag Business Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minu Alias | Managing Director | 14 Sep 2018 | 8 Years 1 Months | Current |
| Jaleesh Peter Also directs: Fasttag Nidhi Limited, 4Dxi Foundation | Director | 01 Feb 2019 | 7 Years 9 Months | Current |
| Sabu Thomas | Director | 14 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Fasttag Business Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zitech Consulting Engineers Private Limited | ₹2.58 Lakh (FY 2023) | -95.0% | Mumbai, Maharashtra, India | |||
| Cogentech Sciences Private Limited | ₹2.58 Lakh (FY 2024) | Bareilly, Uttar Pradesh, India | ||||
| Moshy Movement Private Limited | ₹2.58 Lakh (FY 2025) | -37.0% | New Delhi, Delhi, India | |||
| Virtuoso HR Services Private Limited | ₹2.58 Lakh (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| Fasttag Business Solutions Private Limitedthis company | ₹2.58 Lakh (FY 2023) | -₹1.68 Lakh | -65.1% | -70.0% | Ettumanoor, Kerala, India | |
| Invertus Ventures Private Limited | ₹2.58 Lakh (FY 2025) | 161116.0% | Mumbai, Maharashtra, India | |||
| TPS Enterprises Private Limited | ₹2.57 Lakh (FY 2021) | -41.0% | Delhi, India | |||
| Sarvaswa Ventures (OPC) Private Limited | ₹2.57 Lakh (FY 2020) | -53.0% | Mulund, Mumbai, Maharashtra, India | |||
| Bubblebath Mobile Car Spa Private Limited | ₹2.57 Lakh (FY 2025) | -35.0% | Thane, Maharashtra, India |
To see the full peer comparison of Fasttag Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fasttag Business Solutions 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 Fasttag Business Solutions 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 Fasttag Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fasttag Business Solutions Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Jaleesh Peter ceased to be Additional Director on 28 Sep 2019.
Frequently asked questions
Fasttag Business Solutions is an active private limited company based in Ettumanoor, Kerala, India. The company works in other services, within the business services industry. It was incorporated on 14 September 2018 (8+ years old) and is registered under CIN U74999KL2018PTC054657.
Fasttag Business Solutions has 3 current directors:
- Minu Alias - Managing Director
- Jaleesh Peter - Director
- Sabu Thomas - Director
The latest financial statements of Fasttag Business Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Fasttag Business Solutions is U74999KL2018PTC054657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fasttag Business Solutions was incorporated on 14 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Fasttag Business Solutions by revenue are Zitech Consulting Engineers Private Limited, Cogentech Sciences Private Limited, Moshy Movement Private Limited, Virtuoso HR Services Private Limited, Invertus Ventures Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Jaleesh Peter ceased to be Additional Director on 28 Sep 2019. Jaleesh Peter was appointed as Director on 01 Feb 2019. Minu Alias was appointed as Managing Director on 14 Sep 2018. Fasttag Business Solutions has 4 board changes on record in total.
The registered office of Fasttag Business Solutions is at No.6 1st Floor Central Mall Padinjare Nada Vaikom Road, Ettumanoor, Kerala, India – 686631.
Fasttag Business Solutions operates in the business services industry, in the other services segment.
Fasttag Business Solutions can be reached at its registered office: No.6 1st Floor Central Mall Padinjare Nada Vaikom Road, Ettumanoor, Kerala, India – 686631.
Fasttag Business Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Ernakulam.
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