Fastarise Manufacturing Industries Private Limited

Manufactures and trades electronic components, devices, and automotive products since 2019 in New Delhi.

2019 | New Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Fastarise Manufacturing Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.40 Cr
  • Revenue Growth -82.75%
  • Profit Growth -400.15%
  • Ebitda -305.47%
  • Net Worth -134.01%
  • Total Assets -48.82%

About Fastarise Manufacturing Industries

Fastarise Manufacturing Industries Private Limited (FMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 January 2019 (Six years and one month 5 days old ). Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹4.40 Cr.

Raj Kumar and Ved Aggarwal serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2019PTC344399

  • Company No.

    344399

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Fastarise Manufacturing Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Ved Aggarwal Country flag representing In Managing Director15-Jan-2019Current

Board Members (1)

NameDesignationAppointment DateStatus
Raj Kumar Country flag representing In Director 15-Jun-2021Current

Financial Performance of Fastarise Manufacturing Industries.

Fastarise Manufacturing Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 82.75% decrease. The company also saw a substantial fall in profitability, with a 400.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 134.01%.

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
-82.75%
Revenue from Operations
-82.62%
Total Assets
-48.82%
Profit or Loss
-400.15%
Net Worth
-134.01%
EBITDA
-305.47%

What is the Ownership and Shareholding Structure of Fastarise Manufacturing Industries?

In 2022, Fastarise Manufacturing Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.40 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.40 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 2021State Bank Of India₹4.40 CrOpen

How Many Employees Work at Fastarise Manufacturing Industries?

Fastarise Manufacturing Industries has a workforce of 8 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fastarise Manufacturing Industries, 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 Fastarise Manufacturing Industries'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 Fastarise Manufacturing Industries

Recent activity within the organization

  • Annual General Meeting

    Fastarise Manufacturing Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Fastarise Manufacturing Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.40 Cr with Charge ID 100493983 was registered on 04 Sep 2021.

    04 Sep 2021

  • Director Appointment

    Raj Kumar was appointed as a Director was appointed as a Director on 15 Jun 2021 & has been associated with this company since 3 years 8 months .

    15 Jun 2021

  • Director Appointment

    Ved Prakash Aggarwal was appointed as a Managing Director was appointed as a Managing Director on 15 Jan 2019 & has been associated with this company since 6 years 1 month .

    15 Jan 2019

  • Company Incorporation

    Fastarise Manufacturing Industries Private Limited was registered on 15 Jan 2019 with Roc Delhi & aged 6 years 1 month as per MCA records.

    15 Jan 2019

Frequently asked questions

  • Fastarise Manufacturing Industries Private Limited was incorporated on 15 Jan 2019.

  • The authorized share capital of Fastarise Manufacturing Industries Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 2 directors are associated with Fastarise Manufacturing Industries Private Limited.

    • Raj Kumar
    • Ved Prakash Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fastarise Manufacturing Industries Private Limited is Office No.- 205 Padma Tower- 2 Rajinder Place, New Delhi, India, 110008.

  • The corporate identification number (CIN) of Fastarise Manufacturing Industries Private Limited is U74999DL2019PTC344399 and the company number is 344399 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fastarise Manufacturing Industries Private Limited has fallen by -82.75%.

  • As Per 2023 financial reports, 8 employees are currently employed by Fastarise Manufacturing Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fastarise Manufacturing Industries Private Limited has experienced an downturn of -134.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fastarise Manufacturing Industries Private Limited amount to ₹ 4.40 Cr.

  • The most recent Balance Sheet for Fastarise Manufacturing Industries Private Limited was filed with the ROC on 31 Mar 2023.

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