Fastech Fashions Private Limited

Customized t-shirt and apparel trading company.

2017 | Sundergarh, Odisha (India) | Active
Last Updated: December 07, 2024

Fastech Fashions Profile

Key Indicators

  • Authorised Capital ₹ 2.30 M
  • Paid Up Capital ₹ 2.30 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 M
  • Revenue Growth 56.13%
  • Profit Growth 67.66%
  • Ebitda -334.99%
  • Net Worth 54.38%
  • Total Assets 168.39%

About Fastech Fashions

Fastech Fashions Private Limited (FFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 20 February 2017 (Seven years and 11 months 18 days old ). Its registered office is in Sundergarh, Odisha, India.

The Company is engaged in the Fashion And Textile 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 2.30 M and a paid-up capital of Rs 2.30 M.

The company currently has active open charges totaling ₹5.00 M.

Abhijeet Sahoo, Sarada Sahoo, and Subhrajit Senapati serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18109OR2017PTC026591

  • Company No.

    026591

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Fashion and Textile

What products or services does Fastech Fashions Private Limited offer?

Fastech Fashions Private Limited offers a wide range of products and services, including Men Shirts, Jeans & Clothing, Men T-Shirts, Apparel Fabrics & Clothing Textiles, Apparel & Clothing Fabric, Men Printed T Shirt, Men Casual T Shirt, Men Polyester T Shirt, T Shirts, Round Neck T Shirt, Sweatshirts.

Who are the key members and board of directors at Fastech Fashions?

Board Members (3)

Name Designation Appointment Date Status
Sarada Sahoo Country flag representing In Director 20-Feb-2017 Current
Abhijeet Sahoo Country flag representing In Director 20-Feb-2017 Current
Subhrajit Senapati Country flag representing In Director 22-Mar-2024 Current

Financial Performance of Fastech Fashions.

Fastech Fashions Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 56.13% increase. The company also saw a substantial improvement in profitability, with a 67.66% increase in profit. The company's net worth Soared by an impressive increase of 54.38%.

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
56.13%
Revenue from Operations
56.13%
Total Assets
168.39%
Profit or Loss
67.66%
Net Worth
54.38%
EBITDA
-334.99%

What is the Ownership and Shareholding Structure of Fastech Fashions?

In 2019, Fastech Fashions 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

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
24 Mar 2023 State Bank Of India ₹5.00 M Open

How Many Employees Work at Fastech Fashions?

Unlock and access historical data on people associated with Fastech Fashions, 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 Fastech Fashions, 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 Fastech Fashions'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 Fastech Fashions

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 5.00 M registered on 24 Mar 2023 with Charge ID 100704450 was modified on 27 Aug 2024.

    27 Aug 2024

  • Director Appointment

    Subhrajit Senapati was appointed as a Director was appointed as a Director on 22 Mar 2024 & has been associated with this company since 10 months 18 days .

    22 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Fastech Fashions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.00 M with Charge ID 100704450 was registered on 24 Mar 2023.

    24 Mar 2023

  • Director Appointment

    Abhijeet Sahoo was appointed as a Director was appointed as a Director on 20 Feb 2017 & has been associated with this company since 7 years 11 months .

    20 Feb 2017

Frequently asked questions

  • Fastech Fashions Private Limited was incorporated on 20 Feb 2017.

  • The authorized share capital of Fastech Fashions Private Limited is ₹ 2.30 M and paid-up capital is ₹ 2.30 M.

  • Currently 3 directors are associated with Fastech Fashions Private Limited.

    • Abhijeet Sahoo
    • Sarada Prasad Sahoo
    • Subhrajit Senapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fastech Fashions Private Limited is Tiir Building, Nit India, Rourkela, Orissa, 769008.

  • The corporate identification number (CIN) of Fastech Fashions Private Limited is U18109OR2017PTC026591 and the company number is 026591 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Fastech Fashions Private Limited has risen by 56.13%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Fastech Fashions Private Limited has experienced an upsurge of 54.38%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Fastech Fashions Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Fastech Fashions Private Limited was filed with the ROC on 31 Mar 2023.

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