Fastech Telecommunications (India) Private Limited

Provides telecommunications network assurance solutions, testing instruments, and services in India.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: December 27, 2024

Fastech Telecommunications (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.40 M
  • Revenue Growth 34.45%
  • Profit Growth 41.92%
  • Ebitda 33.82%
  • Net Worth 21.93%
  • Total Assets 36.34%

About Fastech Telecommunications (India)

Fastech Telecommunications (India) Private Limited (FTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 October 1997 and has a history of 27 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Fastech Telecommunication (India) Private Limited. The Company is engaged in the Telecom 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹9.40 M.

Kartik Parikh, Ketan Parikh, and Purnima Parikh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fastech-india.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32202MH1997PTC111309

  • Company No.

    111309

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Telecom

What products or services does Fastech Telecommunications (India) Private Limited offer?

Fastech Telecommunications (India) Private Limited offers a wide range of products and services, including Inverters, UPS and Converters, Home Inverter, Electrical & Electronic Test Devices, Network Analyzers, Metal, Security & Safety Detectors, Radiation Detectors, Electric Circuit Components & Spares, RFID, Router, Cables & Networking Devices, Networking Devices and Equipment.

Who are the key members and board of directors at Fastech Telecommunications (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Purnima Parikh Country flag representing In Director 06-Dec-2019Current
Ketan Parikh Country flag representing In Director 12-Aug-2021Current
Kartik Parikh Country flag representing In Director 16-Oct-1997Current

Financial Performance of Fastech Telecommunications (India).

Fastech Telecommunications (India) Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 34.45% increase. The company also saw a substantial improvement in profitability, with a 41.92% increase in profit. The company's net worth Soared by an impressive increase of 21.93%.

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
34.45%
Revenue from Operations
34.28%
Total Assets
36.34%
Profit or Loss
41.92%
Net Worth
21.93%
EBITDA
33.82%

What is the Ownership and Shareholding Structure of Fastech Telecommunications (India)?

In 2020, Fastech Telecommunications (India) had a promoter holding of 43.69% and a public holding of 56.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.94 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2000State Bank Of India₹4.70 MOpen
27 May 1998State Bank Of India₹4.70 MOpen

How Many Employees Work at Fastech Telecommunications (India)?

Fastech Telecommunications (India) has a workforce of 31 employees as of Mar 27, 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 Fastech Telecommunications (India), 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 Telecommunications (India)'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 Telecommunications (India)

Recent activity within the organization

  • Annual General Meeting

    Fastech Telecommunications (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Fastech Telecommunications (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ketan Pravin Parikh was appointed as a Director was appointed as a Director on 12 Aug 2021 & has been associated with this company since 3 years 6 months .

    12 Aug 2021

  • Director Appointment

    Purnima Kartik Parikh was appointed as a Director was appointed as a Director on 06 Dec 2019 & has been associated with this company since 5 years 2 months .

    06 Dec 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.70 M with Charge ID 90143007 was registered on 29 Aug 2000.

    29 Aug 2000

  • Charges

    A charge with State Bank Of India of Rs. 4.70 M registered on 27 May 1998 with Charge ID 90142150 was modified on 25 Sep 1999.

    25 Sep 1999

Frequently asked questions

  • Fastech Telecommunications (India) Private Limited was incorporated on 16 Oct 1997.

  • The authorized share capital of Fastech Telecommunications (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Fastech Telecommunications (India) Private Limited.

    • Kartik Pravin Parikh
    • Ketan Pravin Parikh
    • Purnima Kartik Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fastech Telecommunications (India) Private Limited is 231 Keytuo Industrial Estate220 Kandivitta Road Andheri East India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Fastech Telecommunications (India) Private Limited is U32202MH1997PTC111309 and the company number is 111309 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fastech Telecommunications (India) Private Limited is https://www.fastech-india.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Fastech Telecommunications (India) Private Limited has risen by 34.45%.

  • As Per 2020 financial reports, 31 employees are currently employed by Fastech Telecommunications (India) Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Fastech Telecommunications (India) Private Limited has experienced an upsurge of 21.93%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Fastech Telecommunications (India) Private Limited amount to ₹ 9.40 M.

  • The most recent Balance Sheet for Fastech Telecommunications (India) Private Limited was filed with the ROC on 31 Mar 2024.

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