Fastenex Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 14.14 Cr
- Company Age 41 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 94.00 Cr
- Satisfied Charges ₹ 220.81 Cr
- Revenue Growth 16.38%
- Profit Growth -450.13%
- Ebitda 6.64%
- Net Worth -2.68%
- Total Assets 0.37%
About Fastenex
Fastenex Private Limited (FPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 July 1983 and has a history of 41 years and six months. Its registered office is in Pondicherry, India.
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 2024. 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. Amit Shah and Chirag Shah serve as directors at the Company.
Company Details
-
Location
Pondicherry, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U28939PY1983PTC000228
-
Company No.
000228
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
20 Jul 1983
-
Date of AGM
21 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Pondicherry
Industry
Who are the key members and board of directors at Fastenex?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Shah
|
Managing Director | 04-Jan-1989 | Current |
|
Somayajula Shastry
|
Company Secretary | 01-Apr-2021 | 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
| Metrics |
|
(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 LimitedAmit Shah and Chirag Shah are mutual person
-
Unistrong Engineers Private LimitedAmit Shah and Chirag Shah are mutual person
Charges (Loans)
₹94.00 Cr
₹220.81 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 57.50 Cr
- State Bank Of India : 36.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Apr 2024 | Hdfc Bank Limited | ₹7.50 Cr | Open |
| 30 Jul 2021 | State Bank Of India | ₹36.50 Cr | Open |
| 26 Jul 2021 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 06 Apr 2013 | State Bank Of India | ₹30.00 Cr | Satisfied |
| 06 Apr 2013 | State Bank Of India | ₹30.00 Cr | Satisfied |
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.
