About Fastwell Engineering Private Limited
Data last updated:
Fastwell Engineering Private Limited is a private limited company based in Bhayander, Maharashtra, India, recognised as a startup by DPIIT. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 25 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC284097. Its GSTIN is 27AACCF8758R1ZN (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Suwa Shravan Modi and Shravan Kumar Modi.
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 F – 14 First Floor Salasar Commercial Center Fatak Road Golden Nest Bhayander (E), Sector 3, Maharashtra, India – 401105.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.73 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹82.62 Lakh (net margin 3.6%) and EBITDA of ₹1.56 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 45% over five years.
The company is associated with 1 brand: Fastwell Engineering Pvt Ltd. As per MCA filings, the company has open charges of ₹8.02 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fastwell.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressF – 14 First Floor Salasar Commercial Center Fatak Road Golden Nest Bhayander (E), Sector 3, Maharashtra, India – 401105
- IndustryManufacturing, Fittings & Components
- 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 of Fastwell Engineering Private Limited
The main business activity of Fastwell Engineering is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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
Verified entity values are shown only after access is granted.
Financials of Fastwell Engineering Private Limited FY 2024 filings available
Fastwell Engineering Private Limited reported revenue of ₹22.73 Cr (up 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fastwell Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 55% growth in the latest year. EBITDA rose 14% 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 of Fastwell Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹82.62 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 of Fastwell Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 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 Fastwell Engineering are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Fastwell Engineering Private Limited
Fastwell Engineering Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Pipes, Steel). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MRPS Steel Processors Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Kisan Agro Pipes and Fittings Private Limited | •••• | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
| Sharneshvar Alloys Private Limited | •••• | •••• | •••• | •••• | - | Idar, Gujarat, India |
| Hallmark Metals Private Limited | •••• | •••• | •••• | •••• | - | Kolhapur, Maharashtra, India |
| Kwality Steelage Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Fastwell Engineering Private Limited this company | •••• | •••• | •••• | •••• | - | Bhayander, Maharashtra, India |
| Keshardeep Tube Manufacturing Company Pvt Ltd | •••• | •••• | •••• | •••• | - | Aurangabad, Maharashtra, India |
| Bhoopathi Steels Private Limited | •••• | •••• | •••• | •••• | - | Palakkad, Kerala, India |
| Hydrokrimp A C Pvt Ltd | •••• | •••• | •••• | •••• | 148 | Kolkata, West Bengal, India |
| Bina Tube Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Globus Steel & Power Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Fastwell Engineering by revenue in the Metals and Minerals industry (Pipes, Steel), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Fastwell Engineering Private Limited
Fastwell Engineering Private Limited is audited by RAKESH DOSHI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH DOSHI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Fastwell Engineering Private Limited
Fastwell Engineering has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suwa Shravan Modi | Director | 05 May 2022 | 4 Years 5 Months | Current |
| Shravan Kumar Modi Also directs: Urbanvita Delights Private Limited, Careerhood Private Limited | Director | 25 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Fastwell Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Fastwell Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Nov 2022 | Canara Bank | ₹7.5 Cr | Open |
| 27 May 2022 | Others | ₹52.07 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Fastwell Engineering Private Limited
Fastwell Engineering Private Limited has 1 court case on record: 1 filed by Fastwell Engineering. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against individuals | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Fastwell Engineering Private Limited
Fastwell Engineering Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 34 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Tubes India | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Fastwell Engineering Private Limited
Fastwell Engineering operates one associated brand: Fastwell Engineering Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of stainless steel forgings, rolled rings, and pipe fittings in India. | fengg.in |
Employees and EPFO Compliance at Fastwell Engineering Private Limited
Employment history and EPFO contributions of people linked to Fastwell Engineering.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Fastwell Engineering Private Limited
Fastwell Engineering Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Mahendra Tagaram Modi ceased to be Director on 05 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Fastwell Engineering Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Fastwell Engineering Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Fastwell Engineering Private Limited
Fastwell Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF8758R1ZN | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fastwell Engineering Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fastwell Engineering Private Limited
Fastwell Engineering is an active private limited company based in Bhayander, Maharashtra, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 25 July 2016 (10+ years old) and is registered under CIN U74999MH2016PTC284097.
Fastwell Engineering reported revenue of ₹22.73 Cr for FY 2024 (up 55% YoY).
Fastwell Engineering has 2 current directors:
- Suwa Shravan Modi - Director
- Shravan Kumar Modi - Director
Fastwell Engineering reported a net profit of ₹82.62 Lakh (net margin 3.6%) and EBITDA of ₹1.56 Cr (EBITDA margin 6.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fastwell Engineering is 60% over three years and 45% over five years. In the latest year (FY 2024) revenue rose 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fastwell Engineering is 27AACCF8758R1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fastwell Engineering is U74999MH2016PTC284097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastwell Engineering has 1 court case on record: 1 filed by the company. 1 is pending.
Fastwell Engineering was incorporated on 25 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fastwell Engineering by revenue are MRPS Steel Processors Private Limited, Kisan Agro Pipes and Fittings Private Limited, Sharneshvar Alloys Private Limited, Hallmark Metals Private Limited, Kwality Steelage Private Limited and 5 more, all in the Metals and Minerals industry (Pipes, Steel).
Mahendra Tagaram Modi ceased to be Director on 05 May 2022. Suwa Shravan Modi was appointed as Director on 05 May 2022. Shravan Kumar Modi was appointed as Director on 25 Jul 2016.
Yes, Fastwell Engineering is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).