Fastweb IT Solutions Private Limited
About Fastweb IT Solutions Private Limited
Data last updated:
Fastweb IT Solutions Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the IT services segment of the services sector. It was incorporated on 10 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2007PTC129585.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Suchit Ramkrushna Jadhav and Pandurang Damodar Jathar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 1182/71 Mali Colony Takala, Kolhapur, Maharashtra, India – 416008.
As per the financials filed for FY 2018, the company reported a revenue of ₹27.76 Cr. For the same year it recorded a net profit of ₹1.69 Lakh (net margin 0.1%) and EBITDA of ₹1.69 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 539% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address1182/71 Mali Colony Takala, Kolhapur, Maharashtra, India – 416008
- IndustryService, Information Technology 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Fastweb IT Solutions 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
Financials of Fastweb IT Solutions Private Limited
FY 2018 filings availableFastweb IT Solutions Private Limited reported revenue of ₹27.76 Cr for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 539% over three years. EBITDA rose 549% 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 2017-18 | FY 2014-15 to FY 2016-17in the company report |
|---|---|---|
| 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 | ₹1.69 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.69 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 | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2017-18 | FY 2014-15 to FY 2016-17in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.1% | |
| Net Profit Margin | 0.1% | |
| 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, and every line for FY 2014-15 to FY 2016-17, 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 Fastweb IT Solutions are in the company report.
: available in the company report
Board of Directors of Fastweb IT Solutions Private Limited
Fastweb IT Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suchit Ramkrushna Jadhav | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
| Pandurang Damodar Jathar | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
Auditor Details
Fastweb IT Solutions Private Limited is audited by SSRV & Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SSRV & Associates | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Fastweb IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Fastweb IT Solutions Private Limited has a workforce of 0 employees as of Mar 31, 2024.
: available in the company report
Recent Activity
Fastweb IT Solutions Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Pandurang Damodar Jathar ceased to be Additional Director on 30 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Fastweb IT Solutions is an active private limited company based in Kolhapur, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 10 February 2007 (19+ years old) and is registered under CIN U72200PN2007PTC129585.
Fastweb IT Solutions has 2 current directors:
- Suchit Ramkrushna Jadhav - Director
- Pandurang Damodar Jathar - Director
The latest financial statements of Fastweb IT Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fastweb IT Solutions is U72200PN2007PTC129585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastweb IT Solutions was incorporated on 10 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Pandurang Damodar Jathar ceased to be Additional Director on 30 Sep 2016. Suchit Ramkrushna Jadhav ceased to be Additional Director on 30 Sep 2016. Afroz Hussain Abdul Khadar Yadwad ceased to be Managing Director on 28 Jul 2016. Fastweb IT Solutions has 7 board changes on record in total.
The registered office of Fastweb IT Solutions is at 118271 Mali Colony Takala, Kolhapur, Maharashtra, India – 416008.
Fastweb IT Solutions operates in the service industry, in the information technology services segment.
The compliance status of Fastweb IT Solutions is active non-compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
Fastweb IT Solutions can be reached at its registered office: 118271 Mali Colony Takala, Kolhapur, Maharashtra, India – 416008.