Fasne Test Equipment Pvt Ltd

Founded in 1987 and headquartered in Maharashtra, India.

1987 | Sangli, Maharashtra (India) | Active
Last Updated: December 26, 2024

Fasne Test Equipment Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.98 M
  • Company Age 37 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.05 M
  • Revenue Growth -47.06%
  • Profit Growth -104.99%
  • Ebitda -77.21%
  • Net Worth -2.77%
  • Total Assets -8.17%

About Fasne Test Equipment

Fasne Test Equipment Pvt Ltd (FTEPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 July 1987 and has a history of 37 years and six months. Its registered office is in Sangli, Maharashtra, India.

The Company is engaged in the Musical Instruments Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 3.98 M.

The company has closed loans amounting to ₹2.05 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shankar Joshi, Yashvant Kulkarni, Shardul Kulkarni, and Three other members serve as directors at the Company.

Company Details

  • Location

    Sangli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U31200PN1987PTC044159

  • Company No.

    044159

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Musical Instruments

What products or services does Fasne Test Equipment Pvt Ltd offer?

Fasne Test Equipment Pvt Ltd offers a wide range of products and services, including Impact Testers, Pendulum Impact Testing Machines, Testing & Measuring Equipments, Tensile Testing Machine, Hardness Tester, Brinell Hardness Testers, Hardness Testing Machine, Testing Machines, Spring Testing Machines.

Who are the key members and board of directors at Fasne Test Equipment?

Board Members (6)

Name Designation Appointment Date Status
Shankar Joshi Country flag representing In Director 23-Jul-1987 Current
Yashvant Kulkarni Country flag representing In Director 23-Jul-1987 Current
Shardul Kulkarni Country flag representing In Additional Director 12-May-2016 Current
Anita Joshi Country flag representing In Director 01-Apr-2008 Current
Rahul Deshpande Country flag representing In Director 16-Oct-2009 Current
Arati Deshpande Country flag representing In Director 01-Apr-2008 Current

Financial Performance of Fasne Test Equipment.

Fasne Test Equipment Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 47.06% decrease. The company also saw a substantial fall in profitability, with a 104.99% decrease in profit. The company's net worth dipped by a decrease of 2.77%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-47.06%
Revenue from Operations
-73.53%
Total Assets
-8.17%
Profit or Loss
-104.99%
Net Worth
-2.77%
EBITDA
-77.21%

What is the Ownership and Shareholding Structure of Fasne Test Equipment?

In 2017, Fasne Test Equipment had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2.05 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.21 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2002 Bank Of Baroda ₹0.60 M Satisfied
28 Dec 1999 Bank Of Baroda ₹0.85 M Satisfied
20 Feb 1998 Bank Of Baroda ₹0.60 M Satisfied

How Many Employees Work at Fasne Test Equipment?

Unlock and access historical data on people associated with Fasne Test Equipment, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fasne Test Equipment, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fasne Test Equipment's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fasne Test Equipment

Recent activity within the organization

  • Annual General Meeting

    Fasne Test Equipment Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Fasne Test Equipment Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Shardul Yashwant Kulkarni was appointed as a Additional Director was appointed as a Additional Director on 12 May 2016 & has been associated with this company since 8 years 8 months .

    12 May 2016

  • Charges

    A charge registered on 30 Nov 2002 via Charge ID 90086237 with Bank Of Baroda was fully satisfied on 07 May 2010.

    07 May 2010

  • Charges

    A charge registered on 28 Dec 1999 via Charge ID 90082619 with Bank Of Baroda was fully satisfied on 07 May 2010.

    07 May 2010

  • Charges

    A charge registered on 20 Feb 1998 via Charge ID 90084785 with Bank Of Baroda was fully satisfied on 07 May 2010.

    07 May 2010

Frequently asked questions

  • Fasne Test Equipment Pvt Ltd was incorporated on 23 Jul 1987.

  • The authorized share capital of Fasne Test Equipment Pvt Ltd is ₹ 4.00 M and paid-up capital is ₹ 3.98 M.

  • Currently 6 directors are associated with Fasne Test Equipment Pvt Ltd.

    • Shankar Ramkrishna Joshi
    • Yashvant Vasudeo Kulkarni
    • Shardul Yashwant Kulkarni
    • Anita Shankar Joshi
    • Rahul Anant Deshpande
    • Arati Anant Deshpande
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fasne Test Equipment Pvt Ltd is J-55 M I D Ckupwad Block India, Sangli, Maharashtra, 416436.

  • The corporate identification number (CIN) of Fasne Test Equipment Pvt Ltd is U31200PN1987PTC044159 and the company number is 044159 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fasne Test Equipment Pvt Ltd is https://www.finegrouptest.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Fasne Test Equipment Pvt Ltd has fallen by -47.06%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Fasne Test Equipment Pvt Ltd has experienced an downturn of -2.77%.

  • The most recent Balance Sheet for Fasne Test Equipment Pvt Ltd was filed with the ROC on 31 Mar 2024.

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