Fastlane Information Technologies Private Limited

IT company providing trading, solutions, and software development with strong network capacity and partnerships.

2015 | Guntur, Andhra Pradesh (India) | Under Liquidation
Last Updated: May 04, 2024

Fastlane Information Technologies Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.47 M
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 26.87 Cr
  • Revenue Growth -81.79%
  • Profit Growth -400.18%
  • Ebitda -384.01%
  • Net Worth -72.09%
  • Total Assets -50.01%

About Fastlane Information Technologies

Fastlane Information Technologies Private Limited (FITPL) is Under Liquidation company established on 21 Sep 2015 with its office registered at Guntur, Andhra Pradesh, India and has been running since 9 Year, 4 Months with a paid up capital of 2.47 M. According to MCA records, 2 Directors are linked to this company as of 04 May 2024.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200AP2015PTC097392

  • Company No.

    097392

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 2015

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology

Who are the key members and board of directors at Fastlane Information Technologies?

Board Members (2)

NameDesignationAppointment DateStatus
Uday Uppalapati Country flag representing In Director 09-Oct-2020Current
Naveenkumar Moparthy Country flag representing In Additional Director 01-Sep-2021Current

Financial Performance of Fastlane Information Technologies.

Fastlane Information Technologies Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 81.79% decrease. The company also saw a substantial fall in profitability, with a 400.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.09%.

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
-81.79%
Revenue from Operations
-82.03%
Total Assets
-50.01%
Profit or Loss
-400.18%
Net Worth
-72.09%
EBITDA
-384.01%

What is the Ownership and Shareholding Structure of Fastlane Information Technologies?

In 2019, Fastlane Information Technologies 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

₹268.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 26.87 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2019Others₹25.00 CrOpen
20 Jul 2018Others₹1.87 CrOpen

How Many Employees Work at Fastlane Information Technologies?

Fastlane Information Technologies has a workforce of 21 employees as of Mar 30, 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 Fastlane Information Technologies, 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 Fastlane Information Technologies'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 Fastlane Information Technologies

Recent activity within the organization

  • Director Appointment

    Naveenkumar Moparthy was appointed as a Additional Director was appointed as a Additional Director on 01 Sep 2021 & has been associated with this company since 3 years 5 months .

    01 Sep 2021

  • Charges

    A charge with Others of Rs. 18.70 M registered on 20 Jul 2018 with Charge ID 100191894 was modified on 06 May 2021.

    06 May 2021

  • Annual General Meeting

    Fastlane Information Technologies Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Director Appointment

    Uday Kiran Uppalapati was appointed as a Director was appointed as a Director on 09 Oct 2020 & has been associated with this company since 4 years 3 months .

    09 Oct 2020

  • Balance Sheet

    Fastlane Information Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Vijayawada.

    31 Mar 2020

  • Charges

    A charge with Others amounted to Rs. 250.00 M with Charge ID 100231566 was registered on 18 Jan 2019.

    18 Jan 2019

Frequently asked questions

  • Fastlane Information Technologies Private Limited was incorporated on 21 Sep 2015.

  • The authorized share capital of Fastlane Information Technologies Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.47 M.

  • Currently 2 directors are associated with Fastlane Information Technologies Private Limited.

    • Uday Kiran Uppalapati
    • Naveenkumar Moparthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fastlane Information Technologies Private Limited is H.No. 5-87-60 Atr Complex Ist Floor Main Road, Opp: Chaitanya Techno School Lakshmi Puram, Guntur, Andhra Pradesh, India, 522007.

  • The corporate identification number (CIN) of Fastlane Information Technologies Private Limited is U72200AP2015PTC097392 and the company number is 097392 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fastlane Information Technologies Private Limited is https://www.fastlane.tech

  • According to the financial reports for the fiscal year 2020, the revenue trend for Fastlane Information Technologies Private Limited has fallen by -81.79%.

  • As Per 2020 financial reports, 21 employees are currently employed by Fastlane Information Technologies Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Fastlane Information Technologies Private Limited has experienced an downturn of -72.09%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Fastlane Information Technologies Private Limited amount to ₹ 26.87 Cr.

  • The most recent Balance Sheet for Fastlane Information Technologies Private Limited was filed with the ROC on 31 Mar 2020.

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