About Technofast Ventura Private Limited
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Technofast Ventura Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2021PTC197587.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Smita Sutar and Shrikant Sutar.
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 Flat No E 104 Savali Homes Near Samata Vidyalaya Uruli Devachi, Pune, Maharashtra, India – 412308.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.62 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Lakh (net margin 1.4%) and EBITDA of ₹3.71 Lakh (EBITDA margin 2.3%).
As per MCA filings, the company has open charges of ₹48 Lakh on record.
For more details, the company can be reached via its website technofastengg.com.
Company details
Contact details
Technofast Ventura Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressFlat No E 104 Savali Homes Near Samata Vidyalaya Uruli Devachi, Pune, Maharashtra, India – 412308
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Technofast Ventura is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Technofast Ventura Private Limited, buy the company report.
Financials of Technofast Ventura Private Limited
FY 2024 filings availableTechnofast Ventura Private Limited reported revenue of ₹1.62 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 34% in the latest year. EBITDA rose 118% in the latest 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 |
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| EBITDA | ₹3.71 Lakh | |||
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| Tax Expense | ||||
| Net Profit (PAT) | ₹2.2 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 2.3% | |||
| Net Profit Margin | 1.4% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Technofast Ventura Private Limited, buy the company report.
Board of directors of Technofast Ventura Private Limited
Technofast Ventura 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 |
|---|---|---|---|---|
| Smita Sutar | Director | 09 Jan 2021 | 5 Years 9 Months | Current |
| Shrikant Sutar | Director | 09 Jan 2021 | 5 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2024 | 100983266 | State Bank of India | ₹48 Lakh | Open |
To see the full charge records of Technofast Ventura Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Technofast Ventura 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 Technofast Ventura 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 Technofast Ventura Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Technofast Ventura Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Savita Sutar ceased to be Director on 22 Jul 2024.
Frequently asked questions
Technofast Ventura is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 January 2021 (5+ years old) and is registered under CIN U29309PN2021PTC197587.
Technofast Ventura has 2 current directors:
- Smita Sutar - Director
- Shrikant Sutar - Director
The latest financial statements of Technofast Ventura 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 FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Technofast Ventura is U29309PN2021PTC197587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technofast Ventura was incorporated on 09 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
Savita Sutar ceased to be Director on 22 Jul 2024. Shrikant Sutar was appointed as Director on 09 Jan 2021. Smita Sutar was appointed as Director on 09 Jan 2021.
Technofast Ventura can be reached through the website technofastengg.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Technofast Ventura is at Flat No E 104 Savali Homes Near Samata Vidyalaya Uruli Devachi, Pune, Maharashtra, India – 412308.
Technofast Ventura operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
Technofast Ventura has open charges of ₹48 Lakh and no satisfied charges on record as per latest MCA filings.
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