About Fastway Space Satellite Private Limited
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Fastway Space Satellite Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Fastway Transmissions Private Limited. It operates in the television and radio broadcasting segment of the media and publishing sector. It was incorporated on 20 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U64201PB2008PTC031687. Its GSTIN is 03AABCF1986G1ZT (Punjab).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.04 Lakh. It is led by directors including Gurdeep Singh and Manjot Singh Mann.
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 Ch No. 2 5th Floor Grandwalk Mall Opp. Gurdev Hospital Ferozepur Road, Ludhiana, Punjab, India – 141012.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.03 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹2.24 Lakh (net margin -0.3%) and EBITDA of ₹10.2 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 7% over five years.
The company is associated with 1 brand: Fastway Transmissions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fastway.in.
Company details
Contact details
Fastway Space Satellite Private Limited's registered office is in Ludhiana, Punjab. Its website is fastway.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressCh No. 2 5th Floor Grandwalk Mall Opp. Gurdev Hospital Ferozepur Road, Ludhiana, Punjab, India – 141012
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of Fastway Space Satellite Private Limited, 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
Brands
Fastway Space Satellite operates one associated brand: Fastway Transmissions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a satellite television distribution network for consumer access. | fastway.in |
Business activity
The main business activity of Fastway Space Satellite is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Fastway Space Satellite Private Limited, buy the company report.
Financials of Fastway Space Satellite Private Limited
FY 2024 filings availableFastway Space Satellite Private Limited reported revenue of ₹7.03 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. 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 | ₹10.2 Lakh | ||||
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| Net Profit (PAT) | -₹2.24 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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| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | -0.3% | ||||
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To see the full financial statements and ratios of Fastway Space Satellite Private Limited, buy the company report.
Board of directors of Fastway Space Satellite Private Limited
Fastway Space Satellite has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurdeep Singh Also directs: Dainik Savera Transmission Network LLP, Calibre Colonisers Private Limited, Aryavir Buildcon Private Limited. and 5 more | Director | 20 Feb 2008 | 18 Years 8 Months | Current |
| Manjot Singh Mann Also directs: Dainik Savera Transmission Network LLP, Calibre Colonisers Private Limited, G.S. Majestic Developers Private Limited and 5 more | Director | 07 Apr 2016 | 10 Years 6 Months | Current |
| Jasbir Singh Chatha | Director | 26 Jul 2008 | 18 Years 3 Months | Current |
Peer comparison
Fastway Space Satellite Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashirwad Multimedia Private Limited | ₹7.07 Cr (FY 2025) | 63.0% | Mumbai, Maharashtra, India | |||
| Fastway Space Satellite Private Limitedthis company | ₹7.03 Cr (FY 2024) | -₹2.24 Lakh | -0.3% | -11.0% | Ludhiana, Punjab, India | |
| Value Vision Broadcasting Private Limited | ₹6.95 Cr (FY 2025) | 32.0% | Tiruvalla, Kerala, India | |||
| Khusboo Multimedia Private Limited | ₹6.73 Cr (FY 2024) | 221.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Fastway Space Satellite Private Limited, buy the company report.
Auditor
Fastway Space Satellite Private Limited is audited by RAJESH MEHRU & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MEHRU & CO | FY 2021 | 011715N |
Shareholding
The shareholding of Fastway Space Satellite Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Fastway Space Satellite Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fastway Space Satellite 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 Fastway Space Satellite Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fastway Space Satellite has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCF1986G1ZT | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fastway Space Satellite Private Limited, buy the company report.
Recent activity
Fastway Space Satellite Private Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Manjot Singh Mann ceased to be Additional Director on 29 Sep 2016.
News
Frequently asked questions
Fastway Space Satellite is an active private limited company based in Ludhiana, Punjab, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 20 February 2008 (18+ years old) and is registered under CIN U64201PB2008PTC031687.
Fastway Space Satellite has 3 current directors:
- Gurdeep Singh - Director
- Manjot Singh Mann - Director
- Jasbir Singh Chatha - Director
The latest financial statements of Fastway Space Satellite 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 GSTIN of Fastway Space Satellite is 03AABCF1986G1ZT, registered in Punjab.
The CIN (Corporate Identification Number) of Fastway Space Satellite is U64201PB2008PTC031687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastway Space Satellite was incorporated on 20 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Fastway Space Satellite by revenue are Ashirwad Multimedia Private Limited, Value Vision Broadcasting Private Limited, Khusboo Multimedia Private Limited, all in the Media and Publishing industry (TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities).
Manjot Singh Mann ceased to be Additional Director on 29 Sep 2016. Manjot Singh Mann was appointed as Director on 07 Apr 2016. Vishal Chowdhary ceased to be Director on 07 Apr 2016. Fastway Space Satellite has 6 board changes on record in total.
Fastway Space Satellite can be reached through the website fastway.in. Its registered office is in Ludhiana, Punjab, India.
The registered office of Fastway Space Satellite is at Ch No. 2 5th Floor Grandwalk Mall Opp. Gurdev Hospital Ferozepur Road, Ludhiana, Punjab, India – 141012.
Fastway Space Satellite operates in the media and publishing industry, in the television and radio broadcasting segment.
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