Fastenex Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 21-06-2024
- Paid Up Capital ₹ 14.14 Cr
as on 21-06-2024
- Company Age 41 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 94.00 Cr
as on 21-06-2024
- Satisfied Charges ₹ 220.81 Cr
as on 21-06-2024
- Revenue 16.38%
(FY 2022)
- Profit -450.13%
(FY 2022)
- Ebitda 6.64%
(FY 2022)
- Net Worth -2.68%
(FY 2022)
- Total Assets 0.37%
(FY 2022)
About Fastenex
The Company is engaged in the Machinery And Equipment 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 15.00 Cr and a paid-up capital of Rs 14.14 Cr.
The company currently has active open charges totaling ₹94.00 Cr. The company has closed loans amounting to ₹220.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fastenex Private Limited India is Somayajula Shastry as COMPANY SECRETARY. Chirag Shah and Amit Shah serve as directors at the Company.
- CIN/LLPIN
U28939PY1983PTC000228
- Company No.
000228
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jul 1983
- Date of AGM
14 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pondicherry
Industry
Company Details
- Location
Pondicherry, Pondicherry, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Fastenex?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Somayajula Shastry  | Company Secretary | 01-Apr-2021 | Current |
| Amit Shah | Managing Director | 04-Jan-1989 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chirag Shah | Director | 12-Jan-2018 | Current |
Financial Performance of Fastenex.
Fastenex Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.38% increase. The company also saw a substantial fall in profitability, with a 450.13% decrease in profit. The company's net worth dipped by a decrease of 2.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Fastenex?
In 2023, Fastenex 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.
Related Corporates (Common Directorship)
Grace Infrastructure Private LimitedActive 20 years 6 monthsChirag Shah and Amit Shah are mutual person
Unistrong Engineers Private LimitedActive 19 years 6 monthsChirag Shah and Amit Shah are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 01 Apr 2024 | ₹7.50 Cr | Open |
State Bank Of India Creation Date: 30 Jul 2021 | ₹36.50 Cr | Open |
Hdfc Bank Limited Creation Date: 26 Jul 2021 | ₹50.00 Cr | Open |
How Many Employees Work at Fastenex?
Fastenex has a workforce of 667 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fastenex, 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 Fastenex's trajectory.
Rating
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
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.
